Bruce Bent II is the current president and vice chairman of Double Rock Corporation. He graduated from the Northeastern University with a Bachelor of Science in Philosophy. The business guru serves as a senior executive to each of the six subsidiary companies of Double Rock. These companies include Island Intellectual Property LLC which deals with licensing of patents in the financial services industry and Access Control Advantage LLC which focuses on retirement market innovations.
As and experienced entrepreneur, Mr. Bent II is credited with inventing several innovative short-term cash related and asset management solutions for banks and retail markets. His focus and entrepreneurial drive have played a significant role in the development of relevant and influential products in the technological advancements of expanded FDIC-insured and cash sweep programs. The entrepreneur privately holds many patents, making his innovative processes the foundation of the subsidiary companies which apply them as the standard in the respective markets.
Mr. Bent II is known to have spent his entire career in the corporation where his efforts have transformed the landscape of cash management into a multi-trillion dollar industry. His effort in Access Control Advantage has availed a definite automated contribution plan loan solution. Before the 2008 financial crisis, Mr. Bent II served in The Reserve on a Presidential capacity. Headquartered in New York, NY, The Reserve was among the world’s largest money-market institutions held privately, offering the world’s second largest money market fund. The markets of distribution and product lines experienced significant expansion and diversification under Mr. Bent’s guidance.
Mr. Bent II has also been involved in numerous business ventures including intellectual property, asset management, business consulting, financial technologies, consumer goods, healthcare financing, and much more. The entrepreneur has a board membership in the 99 Jane Street Condominium Association. He is also a member of the peer network Young Presidents’ Organization that connects over 10,000 young business leaders globally.
Mr. Bent II’s entrepreneurial skills and expertise have been a catalyst for his growth in the business world. His experience in organization leadership has also been essential. Combining all these with his determination, Mr. Bent II is set to make more advancement in the financial technology industry.
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