State Street Bank & Trust Co. v. Signature Financial Group, Inc. (KyleR)

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  • 1998
  • patent involves data processing where mutual funds pool their assets in an investment portfolio
  • Court is hesitant to read limitations into section 101 since the section demonstrates Congress' intent not to place any restrictions on patentable subject matter
  • the transformation of data in this case constitutes practical application of an algorithm

Exceptions to patentable subject matter

  1. mathematical algorithm
  2. business model

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