For the cash management group of a large money center bank, Mr. Hochron developed an advisory system that aids the Account Reconciliation department in reducing the number of overtime hours and temporary help that is needed during peak periods. The system reads demand deposit accounts data and aids the user in reconciliation of the statement. Additionally, the advisory system leaves an electronic audit trail that is used by customer service, thereby minimizing the number of inquiries that need to be escalated to the Account Reconcilers.
For an international bank, Mr. Hochron co-designed and managed development of a network advisory system that diagnoses problems on a voice and data network between New York City, Tampa, London and Sydney Australia. The system has knowledge of various modems, multiplexers, front-end computers, leased lines and applications software. Due to high turnover in computer operations, this system provides "on the job" training for new operators and temporary help. This helps increase service levels and minimizes unnecessary calls to the beeper”.
For an international brokerage firm, Mr. Hochron co-designed and co-developed a knowledge system prototype of a trader’s workstation. The system models buying put options as a hedge against a long stock position for the block trader. The system has knowledge of options for the underlying stock but was designed to be expanded to include sister stocks, options on sister stocks, rights and warrants, indexes, currencies, etc. The prototype simulated stock price changes and allows for conversion for a real-time ticker plant. Additional financial instruments such as indexes and international currencies were identified as well. A facility for each trader to program preferences via a knowledge acquisition editor is a major feature. In addition to the hedging module the system has an intelligent news filtering facility, access to real time price quotes and a module for position analysis.
For the floor of a commodities stock exchange, Mr. Hochron was Project Leader of a four-member team responsible for developing a voice recognition system. This booth command station is used for entry, reporting and administrative functions. The system interacts with an Intel back-end processor, which is on-line with the exchange's primary systems. This system was the exchanges first foray into voice recognition. The system is speaker-dependent with eight vocabularies, each having about thirty phrases. The responses were color coded on the screen to reflect the level of speech recognition.
For the floor of a commodities stock exchange, Mr. Hochron designed and developed an intelligent terminal multiplexing system. Overtime, the exchange added intelligent workstations to each postposition on the floor, but ran out of room in the conduit to run additional cables. This "octopus" multiplexing system allows eight PCs to connect to an Intel communications gateway through a single existing cable. The "octopus" software retains a unique id for each PC such that transactional integrity is maintained.
For a children's specialized hospital, Mr. Hochron directed the development of a patient scheduling system. The system automates the scheduling of therapists with patients on a weekly basis, thereby freeing up considerable administrative time. The system allows the hospital to maximize the therapist’s time while complying with the prescribed therapy for each of their patients.