Transaction and account management system

Title: Transaction and account management system

Brief Patent Description - Full Patent Description - Patent Claims

The Patent Description & Claims data below is from USPTO Patent Application 20090164349, Transaction and account management system.

What is claimed is:

1. An information management system comprising: a first database storing first information for viewing and manipulation by one or more system users, said first information being manipulated and/or viewed by system users but not being used directly to define system operation or function; a user profile database wherein said database has stored therein identification information which correlates at least one of said system users with a user specific data manipulation logic and/or data display format that at least in part defines system operation; a rules database storing information defining system response to user modifications to said first information, wherein at least one system response to a first user modifying said first information comprises altering the user profile of at least a second user.

2. The system of claim 1, wherein said databases and associated application programming are web hosted, and wherein said plurality of system users interface with said databases and said associated application programming using a web browser program.

3. The system of claim 1, comprising a server having stored thereon at least one database containing client financial transaction information, said server also having stored thereon (1) a plurality of user profiles which correlate system users with user specific data manipulation logic and data display format, and (2) a plurality of business logic rules defining system operations that are performed in response to transactions requested by system users, wherein a common set of client transaction information is available for display and manipulation to an investment advisor firm as well as broker/dealer firms and custodian banks throughout the life cycle of an equity order transaction in accordance with a user profile defined for each corresponding user.

4. In a computerized information management system, a method of managing financial portfolios comprising: storing information in a database; assigning a user profile to each of a set of users, wherein said user profile defines the information in said database which is available to a user, and/or the data manipulation in said database that the user may perform; defining a set of rules governing how a first user action such as altering information in said database is to affect user profiles of users other than said first user; automatically updating in accordance with said rules information in said database, wherein said updating is in response to said first user\'s activity; and automatically updating in accordance with said automatic update of information said user profile of said first user and said user profiles other than said first user\'s profile in response to said first user\'s activity.

5. A computerized equity based transaction management system, available to a plurality of different types of users that manages the entire life cycle of an equity order transaction, said system comprising: a. at least one server coupled to an investment advisor computer network comprising data processing devices used by one or more users required to complete an equity order transaction, the users comprising a plurality of clients, portfolio managers, assistant portfolio managers, compliance officers, equity traders, executing brokers, custodian banks, clearing houses and electronic trading venues; b. an internet browser on the data processing devices that are connected to the network via an internet/intranet connection that allows one or more of the users to interact with the network at an investment advisor\'s internet site during an equity order transaction; c. a data repository system that stores, delivers and retrieves data for the system, wherein at least a portion of the data is accessible for at least one of viewing and manipulating by the users during the entire life cycle of an equity order transaction and is updated after the user manipulates the information, and wherein said data comprises: i. client account information including one or more of account number, account description, account trading restrictions, account balance information, account transactions, and account holdings; ii. user profile information which correlates a user\'s role in the equity order transaction with specific data manipulation logic which defines the user\'s access entitlements to the client account information and a specific data display format that is presented to the user; iii. valid dialog/presentation information combinations that are available to the user based on the user\'s profile information; iv. valid business logic information combinations that are available to the system based on the user\'s role and an investment advisor\'s definition of business access authorization, the business logic information defines specific data manipulation routines and logic that are permitted against an equity order transaction through out the life cycle of the transaction as defined by authorized user(s); v. valid user/investment advisor site information used for site configurations and user roles, and used to modify the business logic information and dialog/presentation information; vi. valid management information combinations for external connections; d. a business logic manager that manages the system operations that are performed in response to transaction requests by users based on the business logic information combinations as defined by authorized administrators of the system; e. a user profile and session manager that manages the user\'s profile information, authorizes the user\'s role, determines which transaction information is available to a user for manipulation, and determines the data display format of the transaction to the user; f. a user database interface manager that manages the user\'s access to the data on the data repository system and the client account information, and allows at least one of viewing or manipulating the information depending on the authorized user\'s role; g. a presentation dialog manager that stores and displays the various screens that are available to the authorized users defined by the valid dialog/presentation information combinations; h. a user/investment advisor site manager that defines specific business functions that the investment advisor site is authorized to perform and the specific dialogues the user investment advisor site is allowed to view; i. a transaction manager that manages how the transaction will interact with a user comprising: i. receiving transaction requests from the user profile and session manager; ii. forwarding transactions that the user is authorized to perform to transaction execution modules in accordance to the user profile information and the business logic information; and iii. transmitting a presentation request to the presentation dialog manager; j. a user plug-in module that manages how data is formatted when either sent or received from users during the transaction; k. an information manager that manages the connections and data exchange with third party vendor databases, comprising modifying client account information in third party vendor databases in response to the executed transaction; l. a security module that authenticates the user session to allow the authorized user access to the system; m. a network connection module that interfaces with the security module allowing network traffic in and out of the network and that manages network connections. n. wherein a common set of client transaction information is available for display and manipulation to said plurality of clients, portfolio managers, assistant portfolio managers, compliance officers, equity traders, executing brokers, custodian banks, clearing houses and electronic trading venues throughout the life cycle of an equity order transaction in accordance with said user profiles defined for each corresponding user.

Brief Patent Description - Full Patent Description - Patent Claims

Click on the above for other options relating to this Transaction and account management system patent application.

Patent Applications in related categories:

20090292629 - Access network optimization methodology for leased switched and dedicated facilities - A methodology for optimizing the cost associated with access charges incurred by network service providers when leasing communications facilities from a local service provider has been developed that incorporates physical reconfiguration of the access network topology as a cost-saving measure, where and when appropriate. The methodology identifies opportunities to reduce ...

20090292631 - Electronic purchasing method and apparatus - A computer-assisted method includes hardware, software and telecommunications components that cooperatively achieve the technical effect of an improved electronic purchasing transaction system. In various embodiments of the invention, at least one master account is established for a client. A pool of limited use account identifiers or secondary account identifiers, that ...

20090292628 - Systems, methods, and computer program products for performing item level transaction processing - The present invention provides systems, methods, and computer program products for performing validation and clearance at a transaction item level for transaction received in a batch format. Each transaction of the batch is stored separately in a storage system, such as a logical database. Typically, image data and electronic data ...

20090292630 - Transaction accounting auditing approach and system therefor - Accounting data is classified to facilitate transaction processing and management. According to an example embodiment, data based rules are implemented for classifying transaction-related data into accounting categories. Accounting information is processed as a function of the data based rules and accordingly automatically classified. This processing involves, for example, the identification ...

###

How KEYWORD MONITOR works... a FREE service from FreshPatents
1. Sign up (takes 30 seconds). 2. Fill in the keywords to be monitored.
3. Each week you receive an email with patent applications related to your keywords.
Start now! - Receive info on patent apps like Transaction and account management system or other areas of interest.
###

Previous Patent Application:
Real estate transaction system using real estate trust and method thereof
Next Patent Application:
Transfer account systems, computer program products, and associated computer-implemented methods
Industry Class:
Data processing: financial, business practice, management, or cost/price determination

###

Design/code © 2009 FreshContext LLC/Freshpatents.com. Website Terms and Conditions - Also read: About this Page
Patent data source: patents published by the United States Patent and Trademark Office (USPTO)
Information published here is for research/educational purposes only (and in conjunction with our Keyword Monitor) and is not meant to be used in place of the full USPTO patent document/images or a comprehensive patent archive search. Complete official applications are on file at the USPTO and often contain additional data/images (Freshpatents is currently text-only). FreshPatents.com is not affiliated with or endorsed by the USPTO or firms/individuals or products/designs/ideas related to listed patents.

FreshPatents.com Support
Thank you for viewing the Transaction and account management system patent info.
IP-related news and info

Results in 2.12717 seconds

Other interesting Feshpatents.com categories:
Qualcomm , Schering-Plough , Schlumberger , Seagate , Siemens , Texas Instruments , paws

* Protect your Inventions
* US Patent Office filing

Provisional Patent
Utility Patent

PATENT INFO