| Class / Patent application number | Description | Number of patent applications / Date published |
|---|
| 705036000 | Tax strategies | 86 |
| 20080201269 | Method of creating financial plans of action and budget for achieving lifestyle and financial objectives - A software program that allows an individual with a personal computer to develop and implement plans of action for achieving a preferred lifestyle that appears feasible based on the individual's current and probable future financial circumstances. | 08-21-2008 |
| 20080201270 | Reserved tender advance facility - A financial process in accordance with the principles of the present invention enables an amount of financing instruments to be credit enhanced. A reserved tender advance facility is established for an aggregate value minimally equal to the principal amount of debt to be undertaken. The reserved tender advance facility may be supplemented for first-loss or principal risk by the delivery of equity either in cash or in the form of an equity letter of credit. The reserved tender advance facility is maintained on standby until such time as a drawing made there under is received. Financing instruments, in reliance upon the credit-worthiness of reserved tender advance facility provider, are sold to eligible investors. Proceeds from the sale of the financing instruments are deposited in at least one account from which the proceeds will be invested in eligible investments. When a tender of the financing instruments is received, financing instruments obligation are directed for satisfaction of the tender and the financing instruments are remarketed for repurchase prior to the tender settlement date. In the event of a shortfall of remarketing proceeds, the reserved tender advance facility is drawn for the value of the shortfall. | 08-21-2008 |
| 20080208764 | Defined Fixed Percentage Rate Distribution Schedule For Open End Mutual Funds - The Defined Fixed Rate Distribution Schedule standardizes by prospectus the rate of distributed income for a specific mutual fund. This will allow shareholders the ability to assess future income potential as well as risk and reward. | 08-28-2008 |
| 20080208765 | METHOD AND APPARATUS FOR COMPARISON OF VARIABLE TERM FINANCIAL INSTRUMENTS USING LIFE EXTENSION DURATION COMPUTATION - A method of evaluating a variable term security including assessing life extension risk of the variable term security due to a deviation from nominal life expectancy of the variable term security, computing a summary factor of said life extension risk, and comparing the summary factor of said life extension risk to a predetermined criterion and thereby evaluating the variable term security. | 08-28-2008 |
| 20080208766 | System and method for an indexed debt instrument with deposit insurance pass through in a qualified program administered by an institutional investor - A system and a method for an indexed debt instrument mitigates risk perceived by an institutional investor acting as administrator of an eligible employee benefit plan when the indexed debt instrument is issued by a bank insured by the Federal Deposit Insurance Corporation (FDIC) in response to a deposit made by the institutional investor in the bank. The risk is mitigated, at least in part, by pass-through of FDIC insurance protecting the deposit. The insurance passes through the plan administrator to protect the interest of each member of the plan in the deposit, up to a defined legal limit. | 08-28-2008 |
| 20080208767 | Predicting the Performance of Algorithmic Investment Strategies - A new type of financial forecasting model, which permits investment returns (as well as other portfolio characteristics) to be forecast according to the state of the portfolio is described. For example, the illustrative embodiment prescribes methods for designing and testing such models, and it specifies ways to use the outputs of such models to accomplish portfolio management tasks that were not possible previously. | 08-28-2008 |
| 20080208768 | DERIVATIVE CONTRACT AND METHOD FOR CREATING SAME FROM A PREDEFINED PERCENTAGE OF AN UNDERLYING SECURITY - A derivative contract is disclosed including an option notional value of an underlying unit calculated from a predefined percentage of an underlying security according to the formula: | 08-28-2008 |
| 20080208769 | CREATION AND MAINTENANCE OF A LIQUID "ALTERNATIVE BETA" INVESTMENT FUND - A method of creating and managing one or more investment funds that seek to match or exceed the investment performance of a distinct subset (the “alternative beta”) of the return stream provided by the hedge fund industry by replicating it through a dynamically-managed portfolio of liquid financial instruments. The method includes (a) analyzing the return stream using a combination of linear and nonlinear mathematical models; (b) identifying the specific components of the returns that can be replicated with liquid instruments; (c) selecting the financial instruments that meet certain criteria for liquidity, transaction costs and tax efficiency; (d) forming one or more investment funds that offer investors the ability to participate in such returns with superior liquidity and transparency; (e) directing the fund(s) to acquire the financial instruments in such manner as determined by the model; (f) rebalancing the portfolio on a regular basis to account for shifts in the investment patterns of the return stream. Software to perform the method using factors to minimize error inherent in regression analysis. | 08-28-2008 |
| 20080215496 | Interactive user interface for displaying information related to publicly traded securities - An interactive user interface for displaying information about a plurality of publicly traded securities (e.g., stocks) at one time is disclosed. According to various embodiments, the interface may comprise (i) a two-dimensional chart comprising an x-axis and a y-axis, (ii) a first field for specifying a first metric related to the publicly traded securities for the x-axis, and (iii) a second field for specifying a second metric related to the publicly traded securities for the y-axis. An icon (e.g., a circle or a bubble) may be positioned on the chart at the x and y coordinates for each of the publicly traded companies based on the selected x-axis and y-axis metrics. In addition, the size of the icons may be representative of a third metric related to the publicly traded securities such as, for example, the market capitalization of the companies that issued the securities. Also, an interior feature of the icons (e.g., the color or hatching) may be representative of a fourth metric related to the publicly traded securities, such as the rating for the securities. | 09-04-2008 |
| 20080215497 | System and Method for Valuing Stocks - A method for valuing stocks includes determining ( | 09-04-2008 |
| 20080215498 | Stock Method for Measuring and Assigning Precise Meaning to Market Sentiment - A stock method for objectively quantifying the feeling, or market sentiment, of a company's stock (or the market as a whole) in a data-driven and transparent manner that serves as a standardized tool useful to investors and stock market analysts in gauging such items as inflated or deflated price values resulting from varying levels of market sentiment. | 09-04-2008 |
| 20080215499 | BETA ADJUSTMENT FOR LEVERAGED INDEX PRODUCTS - A technique to provide a return from an aggregate of an investment in a cash equivalent account and a leveraged index product account over a time period that is substantially equivalent to a multiple of the return of a theoretical position in an underlying index for the period of time is provided by calculating in a computer system a benchmark exposure of the theoretical position in the underlying index corresponding to the index used in the leveraged index fund; and based on the benchmark exposure, determining whether to initiate a transaction to re-allocate funds from the leveraged index product to a cash equivalent account or from the cash equivalent account to the leveraged index product according to the determined daily benchmark exposure. | 09-04-2008 |
| 20080215500 | SYSTEM AND A METHOD OF PROFITING OR GENERATING INCOME FROM THE BUILT-IN EQUITY IN REAL ESTATE ASSETS OR ANY OTHER FORM OF ILLIQUID ASSET - Briefly, embodiments of a system or a method of profiting or generating income from equity in real estate or any other form of illiquid asset is disclosed. | 09-04-2008 |
| 20080215501 | SYSTEMS AND METHODS FOR GENERATING A METRIC OF FINANCIAL STATUS RELATIVE TO A FINANCIAL GOAL - The present invention relates to, among other things, systems and methods for generating a metric of an entity's financial status relative to a financial goal. In generating the metric, the value of an entity's total assets is simulated over time based on data comprising historical rates of returns. In one embodiment, the present invention provides a computer system and method for generating a metric of an individual's probable present-day financial status relative to financial independence on a desired future date. In this embodiment, the metric is called a Financial Independence Score. The Financial Independence score is a single number that represents the individual's financial status relative to achieving financial independence by a desired date. | 09-04-2008 |
| 20080215502 | METHOD OF PROVIDING A LIFE, VACATION, AND INVESTMENT POLICY - A method of providing a life, vacation, and investment policy includes the steps of: creating a publicly traded securitized real estate corporation; providing a life, vacation, and investment policy through the corporation; securing the life, vacation, and investment policy through a bank note; and distributing the life, vacation, and investment policy to consumers through a third party. The life, vacation, and investment policy has benefits that include a vacation bonus. The vacation bonus is a contract for vacationing at the properties of the securitized real estate corporation. The life, vacation, and investment policy has investments that include: securitized real estates; and alternative investments. | 09-04-2008 |
| 20080215503 | METHOD AND APPARATUS FOR STOCK AND INDEX OPTION PRICE IMPROVEMENT, PARTICIPATION, AND INTERNALIZATION - A method for stock option trading includes receiving an option order at a market, contemporaneously receiving a copy of the option order at an electronic drop (EDrop) system, which is separate and distinct from the market, obtaining a potential cross quantity and a potential cross price based on the option order at the EDrop system, and submitting, through the EDrop system, a contra-order, with respect to the option order, to the market for fulfillment, wherein the contra-order specifies at least one of an underlying security potential cross quantity, and the potential cross price. | 09-04-2008 |
| 20080222050 | Method and system for trading financial instruments - Tranches of a position in a financial instrument held by an entity are traded. A suitable tranche size to be traded in a financial market is determined. A trade size of a tranche to trade in the financial market is also determined. The trade size comprises a smaller of a size of the position and the suitable tranche size. An effect of executing a tranche of a size comprising the trade size on an absolute dollar value of risk associated with a portfolio of the entity is determined. The tranche is placed in the market for execution if the absolute dollar value of risk remains the same or is reduced by executing the tranche. | 09-11-2008 |
| 20080222051 | Synthetic currency - A method for formulating a synthetic currency including the steps of borrowing an amount of funds in at least one first currency at a first interest rate, converting a portion of the borrowed funds to at least one second currency, investing the portion of the borrowed funds in an investment that pays interest which covers at least a portion of cost of borrowing the borrowed funds in the first currency, and providing a third currency based on the remaining portion of the borrowed funds. | 09-11-2008 |
| 20080222052 | Methods and systems for providing an anti-benchmark portfolio - In one aspect, the invention comprises a method comprising: (a) acquiring data regarding a first group of securities in a first portfolio; (b) based on said data and on risk characteristics of said first group of securities, identifying a second group of securities to be included in a second portfolio; and (c) calculating holdings in said second portfolio based on one or more portfolio optimization procedures. In another aspect, the invention comprises software for performing the steps described above (as well as steps of other embodiments), and in another aspect, the invention comprises one or more computer systems operable to perform those steps. | 09-11-2008 |
| 20080222053 | METHOD AND APPARATUS FOR FULLY INSURING LARGE BANK DEPOSITS - An Interbank Deposit Placement System (IDPS) that allows banks participating in the service to offer their customers multiple deposits so that potential deposit (fund) amounts exceeding an applicable Federal deposit insurance limit (e.g., $100,000) are fully insured. The IDPS partitions each of the potential deposit amounts into a plurality of deposit portions that do not exceed the Federal deposit insurance limit. In one embodiment, a proposed list of banks to which the deposit portions are allocated is presented to a recipient (e.g., bank representative, depositor) who is offered the option of modifying the proposed list during an established time window. After the time window expires, a deposit is established on behalf of each bank on the list to which the specific deposit portion was allocated by the processor. | 09-11-2008 |
| 20080228659 | Methods and vehicles for funding retained obligations - A method and vehicle for funding retained obligations in accordance with the principles of the present invention comprises pooling of investments from investors in an investment vehicle. No single investor's assets will be traced in any manner, including for purposes of measuring or allocating gain or loss. The investors share any gain or loss in accordance with their interest in the investment vehicle. The investment vehicle invests its assets with a preference for commercial paper of one or more interest holders of the investors; provided, that there is no requirement that the investment vehicle must buy a specific amount of any interest holders' commercial paper, or buy any interest holders' commercial paper at any specific time and the investment vehicle will not guarantee that a specific amount of contribution in the investment vehicle will equal a specific investment in commercial paper of an interest holder. The holding of commercial paper of any single interest holder does not make up a significant portion of the total investment of the investment vehicle. In one preferred embodiment, the method and vehicle for finding retained obligations in accordance with the present invention is directed to an investment vehicle for captive insurance companies, where the investment vehicle preferably invests in the commercial paper of a policyholder or the ultimate parent and/or subsidiaries and/or affiliates of a captive insurance company. | 09-18-2008 |
| 20080228660 | Methods and vehicles utilizing financial instruments for funding retained obligations - A method and vehicle for finding retained obligations in accordance with the principles of the present invention comprises pooling of investments from investors in an investment vehicle. No single investor's assets will be traced in any manner, including for purposes of measuring or allocating gain or loss. The investors share any gain or loss in accordance with their interest in the investment vehicle. The investment vehicle invests its assets with a preference for financial instruments of one or more interest holders of the investors; provided, that there is no requirement that the investment vehicle must buy a specific amount of any interest holders' financial instruments, or buy any interest holders' financial instruments at any specific time and the investment vehicle will not guarantee that a specific amount of contribution in the investment vehicle will equal a specific investment in financial instruments of an interest holder. The holding of financial instruments of any single interest holder does not make up a significant portion of the total investment of the investment vehicle. In one preferred embodiment, the method and vehicle for funding retained obligations in accordance with the present invention is directed to an investment vehicle for captive insurance companies, where the investment vehicle preferably invests in the financial instruments of a policyholder or the ultimate parent and/or subsidiaries and/or affiliates of a captive insurance company. | 09-18-2008 |
| 20080228661 | SYSTEMS AND METHODS FOR PROVIDING FINANCIAL SERVICES - A new method and system for providing financial services is provided. These methods and systems can include providing banking and investment services to hedge fund money managers and other customers without the assistance or need for a prime broker. While employing the present invention a money manager may receive prime brokerage services from a bank or other financial service while at the same time be able to pursue investment opportunities with this bank or financial institution and other banks, institutions, and brokerages. The prime brokerage services that a money manger may receive can include accounting services, loan services, and cash management. | 09-18-2008 |
| 20080228662 | System and method for facilitating the funding and administration of a long term investment or retirement trust for yet-to-be-born individuals - The funding and administration of a long term investment and/or retirement trust for yet-to-be born individuals are facilitated by the present invention. In one embodiment, the present invention provides a system and method for the input of user variables specific to the requirements necessary for the real-time production of trust documents necessary and specific to the purpose of establishing a funded pre-retirement trust for a yet-to-be born individual. | 09-18-2008 |
| 20080228663 | Systems For Leveraging Capital And Associated Methods - A system, method and software product determines pool financing structure of a venture capital fund. Investment guidelines that specify initial investment parameters of companies that the venture capital fund intends to invest in and cash flow through the pool financing structure are input. Projected returns for equity investors and general partners of the venture capital fund are evaluated by modeling fund investments and cash flow through the pool financing structure over a range of economic conditions. The venture capital fund is modeled for rating agencies to determine levels of subordination, within the pool financing structure, necessary to achieve investment guide ratings. Optimal pool financing structure of the venture capital fund and optimal investment parameters of the companies based upon the economic conditions and the investment guide ratings are determined to maximize returns for the equity investors and general partners. | 09-18-2008 |
| 20080228664 | BUNDLING METHOD AND SYSTEM FOR CREDITS OF AN ENVIRONMENTAL COMMODITIES EXCHANGE - Some embodiments of the invention provide a method of automatically bundling environmental conservation items with computed environmental conservation values into “credit blocks” so that the aggregate sum of the environmental conservation values of the items in a particular block is sufficient to issue a tradable environmental commodity, also referred to as a credit. In some such embodiments the various different items represent items with different forms of environmental conservation such as emissions reductions, energy savings, hazardous waste reductions, or generated renewable energy. | 09-18-2008 |
| 20080228665 | BUNDLING METHOD AND SYSTEM FOR CREDITS OF AN ENVIRONMENTAL COMMODITIES EXCHANGE - Some embodiments of the invention provide a method of automatically bundling environmental conservation items with computed environmental conservation values into “credit blocks” so that the aggregate sum of the environmental conservation values of the items in a particular block is sufficient to issue a tradable environmental commodity. Some embodiments bundle all environmental conservation values associated with the registrations of a particular registrant. The registrant may then subsequently withdraw from his/her individually bundled environmental conservation in order to directly offset some polluting activity without having to purchase credits. Some embodiments provide distributed bundling by allocating a fractional portion of an environmental conservation value produced from a registered item to at least two separate entities. | 09-18-2008 |
| 20080228666 | SYSTEMS AND METHODS OF MEASURING INVESTMENT PERFORMANCE - Systems for measuring the performance of an investment portfolio over a specific time period include a report having indicia of a portfolio index value, the portfolio index value representing a hypothetical return on investment of a hypothetical portfolio for the specific time period calculated as a function of actual timing and actual amounts of actual deposits to and actual withdrawals from the investment portfolio during the specific time period and one or more benchmarks so that a recipient of the report can compare the hypothetical return on investment to an actual return on investment of the investment portfolio. | 09-18-2008 |
| 20080235150 | MARKET ANALYTICS - Systems, devices, and methods for historical market analytics are disclosed. Regulatory investigators/analysts and people interested in analyzing markets and market trends may analyze archived market data for a particular historical timeframe in a plurality of levels. Examples of market analytics systems allow users to query archived data for a market of financial instruments. In response to a query, the market analytics system displays order information for a selected prior timeframe, including multiple levels of best bids/asks for a selected financial instrument. The historical market data may be displayed in a grid format to show how the displayed levels change over time during the timeframe. | 09-25-2008 |
| 20080235151 | METHOD AND SYSTEM FOR RISK-HEDGING IN PROJECT MANAGEMENT - A computer program product stored on machine readable media including machine readable instructions for selecting a project portfolio from available projects, the instructions for implementing a method include inputting an investment cost and a return for each available project and user-specified constraints; creating a formulation, the formulation comprising the investment cost and the return for each available project, the constraints and variables, the variables comprising for each available project a threshold probability of success and a selection decision; solving the formulation to select the project portfolio and to determine the threshold probability of success for each available project; and outputting the project portfolio and the threshold probability of success for each available project. | 09-25-2008 |
| 20080235152 | ACHIEVEMENT AND PRESERVATION FUNDS - A computer-implemented method of locking-in investment gains can include initializing an investment fund having a net asset value per share. The investment fund can include assets allocated to at least a discount instrument and a derivative instrument, where the discount instrument provides a floor value of the net asset value per share. The method can further include selecting a target value for the investment fund. In addition, in some instances, the method can include reinitializing the investment fund in response to one or more of the following: (a) the investment fund at least achieving the target value and (b) expiration of an investment period of the investment fund. Reinitializing the investment fund can include rolling over the assets of the investment fund. | 09-25-2008 |
| 20080235153 | METHOD OF BUSINESS VALUATION AND DATA PROCESSING SYSTEM - A method for valuing a business based on the business generating an acceptable return to an owner during a defined investment period, the method including the steps of assessing the business background for the business to be valued, establishing value optimisation factors that determine business value in the light of the business background and the relevant industry of the business to be valued, establishing a business capitalisation rate (BCR) appropriate for the business and industry of the business to be valued, calculating a weighted average notional earning before interest and tax (WANEBIT) based on historical financial records of the business to be valued, and calculating the net business value using the WANEBIT and the BCF. | 09-25-2008 |
| 20080235154 | FINANCIAL ADVISORY SYSTEM - A financial advisory system is provided. According to one aspect of the present invention, return scenarios for optimized portfolio allocations are simulated interactively to facilitate financial product selection. Return scenarios for each asset class of a plurality of asset classes are generated based upon estimated future scenarios of one or more economic factors. A mapping from each financial product of an available set of financial products onto one or more asset classes of the plurality of asset classes is created by determining exposures of the available set of financial products to each asset class of the plurality of asset classes. In this way, the expected returns and correlations of a plurality of financial products are generated and used to produce optimized portfolios of financial products. Return scenarios are simulated for one or more portfolios including combinations of financial products from the available set of financial products based upon the mapping. | 09-25-2008 |
| 20080243708 | Business fund raising through insurance underwriting - The current invention is a system, method and program product that uses assets held by Businesss—i.e. land, mineral rights, etc. to underwrite insurance and generate revenues. The Business pledges assets it does not use and produce no income. The Business retains the right to use the assets. The Business receives 5-15% of the asset value per year in underwriting income. The Business re-insures to prevent the possibility of any loss. | 10-02-2008 |
| 20080243709 | System and Method for Dynamically Changing an Electronic Trade Order Quantity - A system and methods for dynamically changing a trade order quantity in an electronic trading environment are described herein. According to one example embodiment, an automated trading tool determines if a leaned on quantity of a trading strategy has increased or decreased and if so, dynamically changing a desired order quantity to reflect the change in the leaned on quantity. Dynamically changing an order quantity may be more profitable for a trader as order queue position may be maintained and portion of the desired order quantity may get filled; rather than a trader losing their order queue position and/or taking a chance of not getting any of their order quantity filled. | 10-02-2008 |
| 20080243710 | System and Method for Chart Based Order Entry - A system and methods for chart-based order entry are described. According to one example method a chart is used to display historical market data corresponding to a tradable object. An order entry interface is displayed in relation to the chart. The order entry interface includes a plurality of price object for selecting price levels to be used for trade orders to buy or sell the tradable object. According to one example method, the price levels corresponding to the price objects depend on a location of the interface in relation to the chart, and as the interface is moved in relation to the chart, the price levels are automatically updated. Upon selection of the price level on the interface, a trade order to buy or sell is submitted to a matching engine at an electronic exchange. | 10-02-2008 |
| 20080243711 | Generating dynamic date sets that represent maket conditions - In one embodiment, first input that specifies a market instrument is received. Second input that specifies one or more parameters for one or more date set computers associated with the market instrument is received. A first time series is received from a data repository, where the first time series is a sequence of data values associated with the market instrument. A set of time periods is extracted by applying the one or more date set computers based on the one or more parameters and the first time series. The set of time periods is displayed overlaid on a graphical representation of the first time series in a graphical user interface. | 10-02-2008 |
| 20080243712 | FINANCIAL ARRANGEMENT FOR UTILIZING PUBLIC IMPROVEMENT DISTRICTS FOR FUNDING HOUSING PROJECTS - A system and method for funding private housing projects utilizing Public Improvement Districts (PIDs). The system includes a home building company constructing a plurality of homes located within the home development. The system includes a financing scheme for financing projects associated with the construction of the plurality of homes by the home building company. The financing scheme includes a PID (or other public/private bond program) assessment program to finance the home development. The PID provides funds to fund the projected and is funded by individual assessments attached to a property of each home. The PID assessment may be transferred to a third party and used as a down payment or a reduction to the sales price of the home by the purchaser. | 10-02-2008 |
| 20080243713 | System and method for facilitating unified trading and control for a sponsoring organization's money management process - An embodiment of the present invention provides a system, method, process, software and standards that enable a unified trading and control process utilized by sponsoring organizations and asset managers (money managers) for sub advised or externally managed investment portfolios as to increase control over the trading process by a sponsoring organization, enhance regulatory compliance, substantially lower trading costs and improve investment performance on a recurring basis for the shareholders and beneficiaries investing in registered and non registered mutual funds and institutional investment portfolios. | 10-02-2008 |
| 20080243714 | Methods and System for Determining Investment Performance Compensation - Methods and systems for determining compensation to an investment manager for the financial performance of an investment portfolio consisting of at least one investment. A benchmark measure of investment performance is selected. The portfolio's gain or loss over a time period, as measured by the Alpha or the simple performance of the investment portfolio against the benchmark, is determined. The amount of a predetermined return characteristic achieved in the portfolio over the time period is determined. A relationship between the amount of the predetermined return characteristic and the compensation, based on the Alpha or simple performance, is established. This relationship is then used to determine the compensation for the time period. | 10-02-2008 |
| 20080243715 | Financial Account Information Management and Auditing - A database-driven software application may be provided that is configured to keep a record of mainframe activity for various financial transactions and provide relationships between various transactional features. The information of these financial transactions may originate from a single system in a single data format or may be integrated into a single consistent format from a plurality of systems in a plurality of formats. Such an application may enable the reporting of anomalous events and/or the review of activities conducted by a financial associate (e.g., an employee of the financial institution) and/or those impacting a specific customer or account. The system may operate by parsing daily feeds of raw mainframe logs and extracting relevant details and placing information about each transaction in a data warehouse. | 10-02-2008 |
| 20080243716 | Investment management system and method - Embodiments of the invention provide a method of managing investments including generating portfolios using a mathematical optimization algorithm with investment themes, assigning a different weight of the investment theme to the portfolios, and associating the portfolios with a theme-based efficient frontier. Another method can include providing an investment rules interface to develop exception-based investing rules and based on asset attributes in which the exception-based investing rules are managed by a user. The method can also include creating an asset hierarchy including class levels for each asset and developing the exception-based investing rules for the class levels by assigning a parent asset attribute for a first class level and assigning a child asset attribute for a second class level. The method can further include generating at least one optimized portfolio based on the exception-based investing rules and the asset hierarchy. | 10-02-2008 |
| 20080243717 | METHOD AND SYSTEM FOR MANAGING A MORTGAGE-BACKED SECURITIES INDEX - A system and method for generating and managing a generic mortgage-backed securities index. Bonds are selected for the index on a monthly basis. In order to determine which bonds will be represented in the index during a particular month, a set of calculations is performed during the second business week of the preceding month. For the purpose of selecting bonds for the index, all outstanding mortgage-backed securities are considered. They are first aggregated into pools based on their coupon and original term, and then their total outstanding principals are considered. If the total principal outstanding of any 30-year coupon represents more than a predetermined percentage such as 1.5% of the total, then this 30-year coupon will be included in the Index. Similarly, if the total principal outstanding on any 15-year coupon represents more than a second predetermined percentage such as 0.4% of the total, then this 15-year coupon will be included in the Index. The performance of the Index is measured by its total return. An algorithm for calculating the total return of the generic Index is also provided. The total return of the index partially depends on the relative weight assigned to each particular security included in the index. The present invention provides a method of assigning relative weights in accordance with relative proportions of different individual securities in the index, and covers the frequency of re-weighting. | 10-02-2008 |
| 20080243718 | Financial structure and investment vehicle enabling foreign persons to invest in U.S. based oil, gas and natural gas resource producing properties and potential producing properties in an optimal tax structure - The various embodiments of the present invention provide a method for providing a financial structure and investment vehicle that enables foreign persons, Canadian Income Trusts and United States (U.S.) based investors to invest in U.S. based real property interests including oil, gas and other natural resource producing properties or potential producing properties in an optimal tax structure. The income stream received from the investments is recategorized as a production payment and taxed at the specific treaty withholding tax rate on interest on real property mortgages between the U.S. and resident country of Foreign Person or Canadian Income Trust. | 10-02-2008 |
| 20080243719 | RISK PROFILES IN NETWORKED LOAN MARKET AND LENDING MANAGEMENT SYSTEM - Systems, methods, and apparatus for receiving, from a lender, a lending order that specifies a desired risk profile, end term, and interest rate for a loan, the risk profile specifying a plurality of parameters used to determine a risk of a loan; and generating a portfolio loan that includes a plurality of atomic loans with a plurality of different borrowers or borrower requests that, in combination, satisfy the desired risk profile, term, and rate specified in the lending order, wherein the atomic loans each comprise a direct contractual agreement between the lender and a borrower. | 10-02-2008 |
| 20080243720 | Software Application Portfolio Management for a Client - An information technology services providing company manages a portfolio of software applications for a client company. A plurality of the applications are preselected along with a recommendation for each. The recommendations have value drivers with parameters. Values for the parameters are received from the client as responses to questions or through collaboration with the client. A business value is then determined for the value drivers using the parameter values. Total cash flow, return on investment, net present value, internal rate of return, or other financial measures may be calculated. The client decides to proceed with the recommendations and the services providing company delivers services and software according to the recommendations. | 10-02-2008 |
| 20080243721 | Apparatus and method for providing financial information and/or investment information - An apparatus for providing financial or investment information, including a receiver which receives a request to provide a notification of a change in at least one factor and information regarding a correlation of the at least one factor with an investment vehicle or entity, a processor which automatically detects a change in at least one factor upon an occurrence of same, processes the request, and generates a message containing information regarding the change in the at least one factor along with information regarding a correlation of the at least one factor with the investment vehicle or entity, and a transmitter for transmitting the message over a communication network to a communication device associated with an individual. The apparatus automatically initiates a communication link with the communication device and the transmitter transmits the message to the communication device in real-time. | 10-02-2008 |
| 20080249952 | COMPUTERIZED SYSTEM AND METHOD FOR MANAGING FINANCIAL INVESTMENT PORTFOLIOS - For managing financial investment portfolios, one or more underlying investment selections are received (S | 10-09-2008 |
| 20080249953 | COMPUTER METHOD AND SYSTEM FOR EQUITY FINANCING BY RETAIL INVESTORS WITH COLLECTIVE DUE DILIGENCE FUNDING - The present invention provides a business facilitation system enabling retail investors to acquire equity in business entities that are seeking equity financing. The fund seeker electronically posts a proposal seeking funds. Through electronic communication means investors commit to buying the private equity at the rate fixed or indicate interest in getting due diligence conducted. If the funds sought are not met by unconditional commitments then investors who had indicated interest in due diligence can make conditional commitments based on the results of the due diligence for which they are willing to pool in funds. If a certain percentage of the funds sought are committed or met though conditional commitments whose conditions are satisfied within a fixed time period, then the fund seeker honors the proposal. Otherwise the fund seeker can revise, extend, honor or withdraw the proposal. | 10-09-2008 |
| 20080249954 | World uranium mining index and tradeable investment products resulting therefrom - A world uranium mining index (“WUMI”) incorporating at least one mining company (i) with investable shares, comprising application of the following: | 10-09-2008 |
| 20080249955 | System and method for creating customized weather derivatives - Exemplary systems and methods for creating customized weather derivatives are provided. In exemplary embodiments, a general weather derivative contract form is provided. A weather contract type selection within the general weather derivative contract form is received from a purchaser by a derivative seller system. A weather index term and a payout term based on the weather contract type selection are also received from the purchaser. The customized weather derivative based on the weather contract type selection, the weather index term, and the payout term is generated. In some embodiments, a pricing analysis based on the weather contract type selection, the weather index term, and the payout term is performed. | 10-09-2008 |
| 20080249956 | INTEREST RATE SWAP INDEX - A set of indices is provided which allows accurate tracking of interest rate swap (IRS) markets. The indices are calculated using market data and synthetic purchasing and selling of synthetic interest rate swaps utilizing the present market data. The value of the synthetic interest rate swaps are the basis for the value of a particular index. The purchasing and selling of the synthetic interest rate swap occurs at a frequency to minimize effects of shortening terms on the index. One subset of the IRS indices reflects a plain-vanilla swap for a specific term of years. Another subset of the IRS indices reflects a spread between two specific terms of years. A third subset of the IRS indices reflect two spreads, sometimes referred to as a butterfly, between a middle term of years and a shorter term of years and the same middle term of years and a longer term of years. | 10-09-2008 |
| 20080249957 | Stock Portfolio Selection Device, Stock Portfolio Selection Method and Medium Storing Stock Portfolio Selection Program - Upon selecting the stock portfolio, a plurality of corporate valuation index related data containing an intellectual asset related index is acquired (steps S | 10-09-2008 |
| 20080249958 | FACTORIZATION OF INTEREST RATE SWAP VARIATION - Methods are described for processing and clearing derivative products such as interest rate swaps (IRSs). A swap value factor (SVF) may be generated to calculate the mark-to-market value of an IRS. The SVF may be a function of interest rates derived from a yield curve. Cash flow may be generated between the buyer and the seller to reflect the change in the market price of the derivative, i.e., the mark-to-market process. The results of a cleared swap may be used to determine or alter the margin deposit required by the buyer or seller. | 10-09-2008 |
| 20080249959 | SYSTEMS AND METHODS FOR TRADING A TRADE LIST IN FINANCIAL MARKETS - Systems and methods are provided for maintaining neutrality while trading a list of securities using an algorithmic trading facility coupled with at least one destination. This destination includes at least one alternative trading system (ATS). This facility is coupled, via an electronic data network, to a plurality of trading clients, and configured to receive a trade request to trade a list of securities from a trading client. This request includes user defined trading constraints that are used to generate and transmit trade orders to at least one ATS. The orders are transmitted based on trading data related to the destinations, the trade list, and the trading constraints. The facility can identify each executed trade corresponding to the trade orders and calculate a trade imbalance. The facility can determine whether the trade imbalance exceeds the trading constraints, and reallocate one or more of said submitted orders based on this determination. | 10-09-2008 |
| 20080249960 | METHOD AND APPARATUS FOR AUTOMATED TRADING OF EQUITY SECURITIES USING A REAL TIME DATA ANALYSIS - A system and method for buying and selling securities based on volatility and liquidity rather than other fundamentals is demonstrated. The method involves: providing at least one decision model to buy and sell a security; inputting real-time data into the decision model; and automatically generating an order and executing transactions to buy and sell the security based in response to the decision model. The method continues in buying and selling the security based in response to decision model until the method is stopped. | 10-09-2008 |
| 20080256000 | Method and system for providing a fixed rate annuity with a lock-in interest rate feature - A data processing method and system administers a deferred annuity product during the accumulation phase of a contract term. The annuity product permits the client to select both an interest rate which is reset periodically (reset rate) and an interest rate which is guaranteed for multiple years (MYG rate), during the same contract term. The client may elect to automatically switch from the reset rate to the MYG rate, for the remainder of the contract term, when the reset rate falls below the MYG rate. | 10-16-2008 |
| 20080256001 | Derivative Securities And System For Trading Same - The present invention provides a derivative security whose value is determined by whether an underlying instrument will trade above or below a given price at or by a given time. The price of the underlying instrument in the inventive instrument must move a certain amount in a certain direction in a limited amount of time. If it does, that trade yields a fixed amount of money for the acceptor of the contract. If it does not, that acceptor loses the premium he paid for the contract. | 10-16-2008 |
| 20080262976 | SYSTEMS AND METHODS FOR DISPLAYING INFORMATION ABOUT FINANCIAL MARKETS - Enhanced methods, systems, and techniques for displaying information about financial markets are provided. Example embodiments provide a Market Performance Indicator System (“MPIS”), which generates and provides indicators of market performance, based on obtained market information. In some embodiments, a performance indicator may include a directional indicator, such as an arrow or vector, indicating the value and/or change in value of one or more attributes of performance of an aspect of a financial market. Aspects of a financial market may include individual financial instruments, such as stocks and bonds, as well as aggregate information about a particular market, such as a market index. Attributes of performance may include price, volume of trading, and price variability. This abstract is provided to comply with rules requiring an abstract, and it is submitted with the intention that it will not be used to interpret or limit the scope or meaning of the claims. | 10-23-2008 |
| 20080262977 | Method and system for providing minimum contract values in an annuity with lifetime benefit payments - A data processing method administers a deferred annuity product during the accumulation phase for a relevant life. The annuity product has a contract value, a guarantee of lifetime benefit payments and a minimum contract value. Administration of the product determines a minimum contract value, while paying a lifetime benefit payment and a guaranteed death benefit. The lifetime benefit payment does not reduce the contract value below the minimum contract value. If necessary, the lifetime benefit payment is funded by the general account assets of the company that issues the annuity product. | 10-23-2008 |
| 20080270315 | MICROCURRENCY EXCHANGE SYSTEM - A hosted microcurrency exchange management system includes a microcurrency exchange mechanism configured to coordinate interoperation of a plurality of microcurrency payment systems. Each microcurrency payment system is associated with one of a plurality of online commerce systems. The microcurrency exchange mechanism is configured to coordinate interoperation of the plurality of microcurrency payment systems includes coordinating exchange details, wherein the exchange details include exchange rate details among the microcurrencies. A management interface is configured to receive partnership formation information including the exchange details and to configure the exchange mechanism with the exchange details for completely formed partnerships. | 10-30-2008 |
| 20080270316 | INFORMATION, DOCUMENT, AND COMPLIANCE MANAGEMENT FOR FINANCIAL PROFESSIONALS, CLIENTS, AND SUPERVISORS - A method and system for integrating and managing information, documents, and compliance among financial professionals, financial professional clients, and financial professional supervisors. The method and system of the invention considers all information necessary for a financial professional to run their business and includes information relevant to the client and supervisor. This information includes full information management, electronic file management, compliance management, broker/dealer oversight, portfolio management, calendar management, and communications management. This information is presented to the financial professional, client, and supervisor in distinct yet integrated modules. Additionally, the method and system of the present invention offers tools for the financial professional, client, and supervisor that are relevant to their respective needs. | 10-30-2008 |
| 20080270317 | Methods and Computer Software Applications for Selecting Securities for An Investment Portfolio - Provided are methods and computer software applications for generating a stock portfolio, and/or enhanced stock index, through using a plurality of growth factors and a plurality of value factors to rank stocks, and for constructing investment vehicles based on the stock portfolio. The method, software application, or computer apparatus of the present technology employs a novel stock selection strategy to select stocks from a pre-selected universe of securities such as a commercially available stock market index in order to create a stock portfolio, and/or enhanced stock index, and a fund based thereon that can generate positive alpha as compared to a fund based on the pre-selected universe of securities. | 10-30-2008 |
| 20080270318 | PRODUCT STOCK EXCHANGE - Embodiments disclosed herein generally relate to a product trading exchange. In embodiments, the trading exchange trades shares of products and/or product concepts. The shares can be offered first in an initial public offering. After the shares are sold in the IPO, shares are traded in an open trading exchange. In embodiments, the determination of the price for the shares is dynamic and fluctuates with market demand. Revenue earned by the product can also be provided to the share owners according to the percentage of ownership. | 10-30-2008 |
| 20080270319 | Method and System to Facilitate a User to User Subscription Based Online Marketplace for Real-Time Investment Data - An online marketplace for real-time investment data is disclosed. The system comprises a network, such as the Internet, wherein users may manage, and publish a Virtual Securities Portfolio (“VSP”) and to sell/license access to the VSP to other users who pay to see the VSP. VSPs are analyzed, ranked and charted according to various customizable methods and made available, via a user interface, to other users according to the users' sell/license agreements. The system further allows the users to access their investment accounts on other networks, such as the TD-Ameritrade and Charles Schwab networks, and couple their VSPs with such accounts. | 10-30-2008 |
| 20080270320 | REMOTE TRANSACTION METHOD AND SYSTEM OF AN ON-LINE PLATFORM FOR FLOATING-RATE FUND-TRADING - The present invention provides a remote transaction method and system of an on-line platform for auctioning of money applied in the field of financial e-commerce. Nodes are disposed on the Internet to expand the market of fund-trading platform in the virtual network communities, to enhance the efficiency of operations in the financial market and realize the goal of de-intermediation and de-centralization of direct finance. A node helps a member to establish a platform account via a related connection network and interface, and helps the member to acquire a necessary loan amount for an intended fund-bidding pool by means of loan amount application and providing collateral. A subordinate member attends fund-bidding directly via the platform, or enters the platform via a node, according to his preference. The platform helps node members enter the platform and attend fund trading and monitors the credit-risk status of nodes and members. | 10-30-2008 |
| 20080270321 | SYSTEM AND METHOD FOR REAL-TIME OPTIONS TRADING OVER A COMPUTER NETWORK - The present invention discloses a system for real-time trading of options contracts between a plurality of traders over a computer network. The system includes a computer network, a market server, and two or more trader clients. The market server is operably connected to the computer network. The two or more trader clients are operably connected to the computer network such that each of the trader clients can be placed into operable communication with the market server. Each of the trade clients facilitates entry and transmission of commands in substantially real-time to the market server and display of substantially real-time updates from the market server. The trader client commands include trade orders wherein the market server distributes the trade orders and any executions of same to each of the trader clients in substantially-real time. | 10-30-2008 |
| 20080270322 | DERIVING A PROBABILITY DISTRIBUTION OF A VALUE OF AN ASSET AT A FUTURE TIME - Data are received that represents current prices of options on a given asset. An estimate is derived from the data of a corresponding implied probability distribution of the price of the asset at a future time. Information about the probability distribution is made available within a time frame that is useful to investors, for example, promptly after the current option price information becomes available. | 10-30-2008 |
| 20080270323 | System, Method, and Computer Program Product for Providing Stabilized Annuity Payments and Control of Investments in a Variable Annuity Patent Application - A system, method, and computer program product for providing stabilized annuity payments and control of investments in a variable annuity, the system comprising a processor, a memory, and a computer program stored in the memory. The computer program allocates the short and long term risks associated with an investment to the potential beneficiaries of the annuitant by controlling the allocation of assets between two investment pools. The annuitant pool is the pool on which annuity payments are based and the beneficiary pool contains assets that are provided to the beneficiaries upon the death of the annuitant. The beneficiary pool is used as a cushion to isolate the contents of the annuitant pool from fluctuations in value. The beneficiary pool is initially funded with sufficient assets to minimize the likelihood of its depletion under fairly conservative estimates of market conditions. If the underlying investments perform poorly, assets from the beneficiary pool are reallocated to the annuity pool in order to maintain the existing annuity payment. Thus, for as long as the beneficiary pool is not depleted, the annuity payment is stabilized and will not decrease. If the underlying investments perform favorably, increasing in value, excess amounts above a set trigger level amount will be periodically transferred to the annuitant pool. As these gains are transferred to the annuity pool, the annuity payment amounts will be increased accordingly. | 10-30-2008 |
| 20080275823 | System and method for generating a leveraged investment plan to provide educational funds - A system and method are provided for developing a leveraged investment plan to cover for higher education costs. The system may have an interface layer, which may have a data input module for entering financial information. The interface layer may further include a counselor/back office override module permitting a user to modify the financial information, or any dependent calculation. The system may further have a middleware layer having a calculation module, a reports module, and a forms module, all connected to data storage in a data storage layer. The calculation module may be configured to generate asset targets based on the financial information entered and the anticipated college costs. The calculation module may then use the asset targets to generate an asset structuring plan having recommendations and strategies for reducing the amount of assets used to calculate financial aid awards. The asset structuring plan may further include recommendations and strategies for leveraging assets to provide income to cover higher educations expenses. The reports module may generate a plurality of reports detailing the asset structuring plan. The forms module may use the financial information entered in conjunction with the asset structuring plan to generate and populate financial aid forms for submission to financial aid providers. | 11-06-2008 |
| 20080275824 | Method and System for Representing Financial Information in a Gaming Environment - An apparatus, method and data structure for procuring and analyzing information, regarding the financial markets and a system to execute financial transactions using Internet-based front end graphics that resembles casino games and betting games. The system provides a comprehensive combination of financial information and transactions in a format that facilitates known and new casino/betting like front end graphics. | 11-06-2008 |
| 20080275825 | METHOD FOR IMPLEMENTING A VIRTUAL COMMUNITY OF INVESTORS HAVING INVESTMENT PORTFOLIOS - A system and method for providing analytical tools for a community of investors having investment portfolios. A first tool provides an indication of a user's selection effectiveness regarding the user's choice of investments relative to those sectors in which the investment resides, and relative to a broader market. A second tool allows the user to evaluate the effectiveness of community stimuli on the user's portfolio. A third tool provides the user the capability to view relationships among a plurality of preferred analysts. With a fourth tool, a user may view a plurality of other analysts the user referred to the community. | 11-06-2008 |
| 20080281761 | Guaranteed principal investment system, product and method - An investment system comprising at least one equity profile comprising one or more non-guaranteed investment instruments and at least one target-risk profile, wherein the target-risk profile and the investment equity profile provide a return on an initial investment amount, said return comprising at least a predetermined sum certain principal amount | 11-13-2008 |
| 20080281762 | Methods and Systems for Interest Rate Prediction - In one aspect, the invention comprises a computer-implemented method for predicting interest rates, comprising the steps of: electronically receiving data describing one or more Fed fund futures rates; electronically adjusting the data describing the one or more Fed fund futures rates to obtain adjusted data regarding the one or more Fed fund futures rates; and electronically determining data regarding one or more expected Fed fund target rates. In another aspect, the invention comprises a system for predicting interest rates, comprising: one or more processors operable to determine probability distribution data for one or more Eurodollar rates based on Eurodollar futures option data; one or more processors operable to link said probability distribution data for one or more Eurodollar rates to overnight forward Fed funds rate data; and one or more processors operable to link said forward Fed funds rate data to expected Fed funds rate data. | 11-13-2008 |
| 20080288415 | Equity Protection - Systems and methods are illustrated for providing an equity protection product to a borrower of a loan. Aspects of the equity protection product may be implemented using an equity protection agreement. The equity protection product may be used to safeguard a borrower's investment in the event of a housing market downturn. In some examples, once the equity protection is purchased, the borrower's equity can only increase or remain stable (i.e., flat) regardless of market conditions. The payoff amount of the borrower's loan may be reduced to compensate for a change in the market value of the borrower's home. The equity protection product may be provided by a lending institution, bank, or any other comparable entity/person. A trading desk may also be used to hedge against the risk created by the equity protection product. In addition, an appraiser may also be used to evaluate and provide current market values of the relevant property. | 11-20-2008 |
| 20080288416 | USING ACCOUNTING DATA BASED INDEXING TO CREATE A PORTFOLIO OF FINANCIAL OBJECTS - A system, method and computer program product creates an index based on accounting based data, as well as a portfolio of financial objects based on the index where the portfolio is weighted according to accounting based data. A passive investment system may be based on indices created from various metrics. The indexes may be built with metrics other than market capitalization weighting, price weighting or equal weighting. Non-financial metrics may also be used to build indexes to create passive investment systems. Additionally, a combination of financial non-market capitalization metrics may be used along with non-financial metrics to create passive investment systems. Once the index is built, it may be used as a basis to purchase securities for a portfolio. Specifically excluded are widely-used capitalization-weighted indexes and price-weighted indexes, in which the price of a security contributes in a substantial way to the calculation of the weight of that security in the index or the portfolio, and equal weighting weighted indexes. Valuation indifferent indexes avoid overexposure to overvalued securities and underexposure to undervalued securities, as compared with conventional capitalization-weighted and price-weighted. | 11-20-2008 |
| 20080288417 | Method and a Computer System for Forecasting the Value of a Structured Financial Product - A method and system for forecasting the value of a structured financial product, which can be a weather-based structured financial product. The method and system calculate a forecast value based on forecasted weather data for a defined time period in a defined geographical area, calculate reference weather data from historical data for the defined time, and the defined geographical area, and calculate a quality indicator, indicative of a forecasting quality associated with the forecasted weather data, based on the forecasted weather data and the reference weather data. | 11-20-2008 |
| 20080288418 | INDEX-BASED LIQUIDITY SYSTEM AND METHOD - A system and method for creating liquidity relative to one or more small businesses or assets provides liquidity to the small business or asset holder in return for a payment stream that comprises at least one payment that is adjustable relative to at least one relevant index. | 11-20-2008 |
| 20080288419 | Integrated trading and information system for collection and dissemination of valuation data - Systems and methods are provided for a financial trading information processing and transmission system representing: (a) a financial business intelligence system (FBIS) which aggregates observable market inputs along with valuation algorithms or pricing models to generate synthetic or theoretical ‘fair values’ or prices (aka Level 2 prices as defined by the FAS | 11-20-2008 |
| 20080288420 | Portfolio Optimization by Means of Meta-Resampled Efficient Frontiers - A computer-implemented method and computer program product for selecting a portfolio weight (subject to specified constraints) for each of a plurality of assets of an optimal portfolio. A mean-variance efficient frontier is calculated based on input data characterizing the defined expected return and the defined standard deviation of return of each of the plurality of assets. Multiple sets of optimization inputs are drawn from a distribution of simulated optimization inputs consistent with the defined expected return, the defined standard deviation of return of each of the plurality of assets and then a simulated mean-variance efficient frontier is computed for each set of optimization inputs. A meta-resampled efficient frontier is determined as a statistical mean of associated portfolios among the simulated mean-variance efficient frontiers, and a portfolio weight is selected for each asset from the meta-resampled efficient frontier according to a specified investment objective. The number of simulations and the number of simulation periods is determined on the basis of a specified level of forecast certainty. | 11-20-2008 |
| 20080294565 | Basis Instrument Contracts (BICs) derived methods, systems and computer program products for distributional linkage and efficient derivatives pricing - The present invention describes methods, systems and computer program products derived from the BICs structural framework and pricing methodology to facilitate at least two types of intermediate decision-making problems:
| 11-27-2008 |
| 20080294566 | System for Funding an Organization - A system for funding an organization with cash flows derived from the death benefits of life insurance policies initiated within a bankrupt remote, special purpose entity having the same insurable interest as the organization, by paying the premiums of said policies with proceeds from the issuance of an asset-backed security through the securitization of said death benefits, requiring no use of cash value, no transfer of ownership or beneficiary of said life insurance policies, and providing guaranteed cash flows to said organization while keeping the initial insurable interest intact. | 11-27-2008 |
| 20080294567 | System and Method for Providing an Index Linked to Separately Managed Accounts - A system comprises a memory operable to store a master index that is based at least in part on a separately managed account (SMA) index, a market index, a first weight associated with the SMA index, and a second weight associated with the market index. The system further comprises a processor communicatively coupled to the memory and operable to update the first weight based at least in part on the market index. The processor is further operable to update the second weight based at least in part on the SMA index. The processor is further operable to update the master index based at least in part on the SMA index, the market index, the updated first weight, and the updated second weight. The processor is further operable to store the updated master index in a memory. | 11-27-2008 |
| 20080294568 | Indexing a financial instrument having optimized constituent weights - A computer-implemented method, a computer-readable medium and a data processing apparatus are provided for calculating an index of a financial instrument being weighted with optimized weights. The financial instrument comprises a plurality of constituents. Data reflecting characteristics of the constituents is collected. Based on the collected data, continuous returns are calculated for each of the plurality of constituents. The continuous returns are used for determining a covariance matrix. The weights of all the constituents are optimized by using the covariance matrix. The constituents of the financial instrument are weighted with their respective optimized weights. An index of the financial instrument having its constituents weighted with the optimized weights is determined. The weights of the constituents are kept constant for a predetermined period in time before updated optimized weights are calculated. | 11-27-2008 |
| 20080294569 | Investment portfolio management method and system thereof - An investment portfolio management method and system that enhances an investment portfolio's risk adjusted involves reevaluating recent performance, and based thereon, if unfavorable rebating at least a portion of the reserve as reported performance if a reserve has been established, or if favorable establishing or increasing a reserve, followed by rebalancing the portfolio's leverage and amending the portfolio. | 11-27-2008 |
| 20080294570 | System and method for providing a mutual fund rating platform - A system and method are provided for assigning ratings (the “Ratings”) on mutual funds and other investment funds (collectively the “Funds”) based on various information gleaned from public and privately traded financial, currency, interest rate and other futures, along with options on said futures (collectively the “Futures”). In an illustrative implementation, the system can operate to combine information on the historical rates of return and variability in the rates of return of the Funds with the expected range of future returns for various asset classes as determined by the pricing of the Futures. Illustratively, the rating for the Funds (the “Rating”) can incorporate the range of expected future returns, the variability of past returns, and the level of risk. | 11-27-2008 |
| 20080294571 | SYSTEMS AND METHODS FOR PROVIDING DIRECT TO CAPITAL SWAPS - In one aspect, the present invention comprises a computer system for market making, comprising: (a) a computer component for receiving data identifying a user-specified basket of securities; (b) a database storing the data identifying a user-specified basket of securities and storing data describing inventory of a market maker; and (c) a computer component for calculating a swap price for the basket in light of the inventory, the calculating based at least in part on quote deflection related to the inventory. Other aspects comprise related methods and software. | 11-27-2008 |
| 20080294572 | SYSTEM AND METHOD OF MARGINING FIXED PAYOFF PRODUCTS - A system and method is disclosed for determining performance bonds related to fixed payoff products, i.e. contracts which payoff a fixed amount based on the outcome of an underlying event regardless of the particular value of the underlying event. The worst outcome of the overall portfolio, which may contain more than one instrument, is calculated. This permits the portfolio to have both long and short positions on the same underlying event and offsets, e.g. long (bought but not closed out) and short (sold but not closed out) positions, among instruments in the portfolio are factored in. A universe of outcomes is constructed including single events with single outcomes, and the probability thereof, an single events with multiple outcomes, each with a probability thereof. This universe is implemented in a matrix probabilities on different outcomes, also referred to as “strikes.” Each strike/outcome then has an associated price and probability, typically factored together as single value reflective of both. Events with low probability will have low values, resulting in a lower margin requirement, as will be explained below. The margin requirement/performance bond is then set equal to the amount of the maximum loss that the portfolio can sustain for any possible outcome of the underlying event, adjusted for the probability of the outcome. | 11-27-2008 |
| 20080294573 | SYSTEM AND METHOD FOR HYBRID SPREADING FOR RISK MANAGEMENT - A risk management system and method is disclosed which utilizes a flexible and configurable set of spreading techniques which may be incorporated into existing risk management software to enhance functionality, flexibility and accuracy. In the disclosed embodiments, multiple different types of spreading are combined to allow for a more accurate assessment of risk. In one exemplary embodiment, a subset of the derivative products held by a futures trader are first analyzed by the scanning based spreading methodology. Typically, futures products in the same class of products (e.g. equity futures or agricultural futures) would be analyzed together by the scanning based spreading methodology. Then an average delta would be calculated for that subset. Using that delta, that subset would then be analyzed in relation to the remaining derivative products (not in the subset) using a delta based spreading methodology. The delta for the subset could be computed in a variety of ways including scaling the deltas for each product, tying the delta to a fixed time period or other methods. | 11-27-2008 |
| 20080301059 | MLP Financing System - The MLP Financing System extends the properties of shares in an publicly traded entity that does not generate UBITs to create a new asset class that permits the underlying assets to be specifically structured for financing. MLP Financing System requires a minimum of three markets entering into transactions involving a company, a publicly traded entity, and a third entity in the financial industry. Each market establishes an asset value, price, yield, and risk. Asset price differentials between markets identify arbitrage opportunities. The market asset value, price, yield, risk, and financial constraints of entities operating in those markets provide the initial transaction specifications between company-MLP, financier-MLP, and company-financier. | 12-04-2008 |
| 20080301060 | METHOD FOR VALUATION AND SALE OF PRIVATE EQUITY TO ACCREDITED INVESTORS BY MEANS OF A RANKED, ALGORITHMIC, DUE DILIGENCE PROCESS - A computer implemented method to provide a valuation estimate and secondary market exchange for private equity securities is disclosed. The valuation of the security is accomplished through a performance ranking in which time dependent values of multiple quantitative and weighted qualitative factors are calculated to provide a automated surrogate method for a traditional due diligence valuation. This method greatly facilitates the valuation analysis and liquidity of the private equity. The market participants are limited to US Securities and Exchange Commission defined accredited investors. | 12-04-2008 |
| 20080301061 | Method and System for Monitoring Market Data to Identify User Defined Market Conditions - A method and system for monitoring market data. The method includes collecting real time data that is related to conditions of a trading market. Collection occurs at an edge server associated with a liquidity destination trading at least one financial article of trade. In addition, the real time data that is collected is also normalized into a standard form. A user defined criteria is received from a centralized hub. The user defined criteria defines a particular event in the condition. It is then determined when a condition in the trading market matches the event. A response is generated providing notification of the occurrence of the event. The response is sent to the centralized hub for distribution to a user associated with the user defined criteria. | 12-04-2008 |
| 20080301062 | SYSTEM AND METHOD FOR EFFICIENTLY USING COLLATERAL FOR RISK OFFSET - A system and method for analyzing correlation between the assets given by the trader for collateral and that trader's open positions is disclosed. Thus, if the collateral is correlated to the trader's open positions, then some offset can be given. If there is no correlation than the collateral is valued in the conventional way. For example, if a trader provides t-bills as collateral for an account that has open positions (e.g. short futures) in T-bills, than that trader's account can be credited with some offset since the value of T-bills and T-bill futures are highly correlated. | 12-04-2008 |
| 20080301063 | System and Method for Managing Trading Using Alert Messages for Outlying Trading Orders - According to one embodiment, a method of managing trading is provided. In a market for a particular type of instrument, buy orders and sell orders are received from a plurality of traders. Each buy order has an associated bid price and each sell order has an associated offer price. A determination is made of whether the particular trading order is an outlying trading order by determining whether the particular trading order differs from at least one comparison price by more than a threshold value. If it is determined that the particular trading is an outlying trading order, a restrictive action is taken regarding the outlying trading order. For example, if a trader subsequently submits another trading order that would trade with the outlying trading order, an alert message may be sent to the trader and the subsequent trading order may be prevented from trading with the outlying trading order at least temporarily. | 12-04-2008 |
| 20080306878 | METHOD AND SYSTEM FOR ADMINISTERING INDEX-LINKED ANNUITY - A method for administering an annuity product comprises the steps of establishing an annuity account, storing data relating to the account, determining an amount of an income payment and paying the income payment to the account owner. The amount of the income payment is subtracted from an account value. The amount of the account value is adjusted by a first process which includes adjusting the account value by a first index. The amount of the income payment is periodically redetermined by a second process which includes adjusting the amount of the income payment by a second index. The first and second processes are separate processes designed to cause the account value and a present value of the income payments to diverge, such that the value of the income payments becomes increasingly greater relative to the account value during a payout phase of the annuity account. One embodiment comprises a computer system for administering the annuity product in accordance with the subject method. | 12-11-2008 |
| 20080306879 | SYSTEM AND METHOD FOR CREATING A PRIMARY AND SECONDARY MARKET IN WHOLE AND BIFURCATED LAND TENANT IN COMMON REAL PROPERTY OWNERSHIP INTERESTS - The present invention relates to systems, methods, and articles of manufacture for the exchange of tenant in common real property ownership interests, either by physical or electronic exchange. The present invention also relates to methods for creating a secondary market for the buying and selling of tenant in common real property ownership interests. Additionally, the present invention relates to the creation of a primary and secondary market in bifurcated land TIC agreements. | 12-11-2008 |
| 20080306880 | SYSTEM AND METHOD FOR CREATING A PRIMARY AND SECONDARY MARKET IN WHOLE AND BIFURCATED LAND TENANT IN COMMON REAL PROPERTY OWNERSHIP INTERESTS - The present invention relates to systems, methods, and articles of manufacture for the exchange of tenant in common real property ownership interests, either by physical or electronic exchange. The present invention also relates to methods for creating a secondary market for the buying and selling of tenant in common real property ownership interests. Additionally, the present invention relates to the creation of a primary and secondary market in bifurcated land TIC agreements. | 12-11-2008 |
| 20080306881 | PORTFOLIO SELECTION FOR CUSTOM INDICES OF PUBLIC SECURITIES BASED ON STATE OF DOMICILE OF ISSUING COMPANY - A method and system are provided for creating an investment vehicle associated with a geographic region, the investment vehicle including a plurality of securities issued by companies. That method comprises forming a set of securities based on inclusion criteria, and categorizing the securities according to geographic region, where the geographic region of a security may be determined based at least in part on the presence of a headquarters location of the issuing company in the geographic region. A predetermined number of securities associated with the geographic region of the investment vehicle are selected from the set of securities for inclusion in the investment vehicle, and the resulting investment vehicle is made available for trading. According to other preferred aspects of the invention, the inclusion of a company in the investment vehicle may also be based in part on market capitalization, or on the number of employees within the geographic region, or based on whether the company is listed on a particular exchange. | 12-11-2008 |
| 20080306882 | System, Report, and Method for Generating Natural Language News-Based Stories - The present invention generally relates to a system, report, and method for automatically generating a series of natural language news-based stories to be presented via a digital interface or printed publication to a portfolio user. The disclosure relates to a filter for selection of a handful of relevant and desired financial instruments for a specific use. These financial instruments, based on different selections from a portfolio manager via a management tool, are then used to either produce either a strategies page where a list of useful covered call trades and hedged trades are displayed in the form of a table or natural language news-based stories relating to a selected list of financial instruments found in a portfolio. | 12-11-2008 |
| 20080313094 | METHOD AND SYSTEM FOR SEARCHING, DISPLAYING AND SORTING PRODUCTS OR SERVICES ACCORDING TO COMPUTED COSTS - A method and system are disclosed for searching, displaying and sorting products or services according to computed costs for the products or services per a specified time period. For each of a group of products or services, (i) a first component cost is determined representing the cost of purchasing or leasing the product or service per a specified time period, (ii) a second component cost is determined representing the cost of owning the product or using the service per said specified time period. These component costs are added to obtain a total cost of purchase or lease and ownership or use. Users are provided with an interface to a computer system that enables the users to display, search and sort said group of products or services according to said total cost per said specified time period. | 12-18-2008 |
| 20080313095 | System And Method For Creating And Trading A Digital Derivative Investment Instrument - A method and system for auctioning an investment instrument that allows investors to take risk positions relative to the occurrence or non-occurrence of a contingent binary event is disclosed. The contingent binary event will have one of two possible outcomes. Tn a digital derivative contract, a long investor agrees to pay a short investor a contract amount in return for the short investor agreeing to pay the long investor one of two different settlement amounts depending on the outcome as the contingent binary event. Typically, one settlement amount will be zero and the other will be an amount greater than the digital derivative contract price. All of the digital derivative contracts that settle in-the-money may be funded by those that settle out-of-the-money. | 12-18-2008 |
| 20080313096 | System and method for financial product management - The present invention provides a financial product management system for managing a financial product, which makes it possible to attempt to reduce the investment risk associated with current price fluctuations even when making a lump-sum investment without requiring the investor or distributor to divide the total funds into smaller amounts. | 12-18-2008 |
| 20080313097 | CREDIT INDEX, A SYSTEM AND METHOD FOR STRUCTURING A CREDIT INDEX, AND A SYSTEM AND METHOD FOR OPERATING A CREDIT INDEX - The present invention relates to a credit index, a system and method for structuring a credit index, a system and method for operating a credit index, and a system and method for determining the liquidity of a credit. | 12-18-2008 |
| 20080313098 | Method For Displaying Information For Use In Electronic Trading Of Financial Instruments - Financial instruments may be electronically traded according to any of three modes, including single instrument mode, correlated mode, and aggregated mode. One of more market depth representations showing current market price levels, Bids and Asks of the financial instrument(s) to be traded are displayed on a GUI window. The user mouses parallel to the market depth representation to a price level at which the user wishes to initiate a trade, and the moused-over price level is selected and highlighted for all correlated market depth representations displayed on the GUI. All trade order parameters are pre-constructed either prior to selecting or upon selecting of a price level. The user then clicks a mouse button or initiates some other action of a user input device to place an order. | 12-18-2008 |
| 20080313099 | METHOD AND SYSTEM FOR PROVIDING DOWNSIDE PROTECTION OF STOCK MARKET INVESTMENTS - A method and system for providing downside protection of stock market investments. The present invention allows stock prices to be expressed as a stop loss percentage of the high value the stock price attains rather that a fixed or “hard entered” number. The stop loss percentage of the high value allows stock prices the freedom to increase in price while protecting gains that are being made and still providing downside protection for market declines. The system receives security information input from the user and also data link information of current stock information, the system determines new high values and calculates a sell threshold price based on the stop loss percentage and the high value of the security. When the market price is less than the sell threshold price, the system notifies the user or automatically sells the security. | 12-18-2008 |
| 20080313100 | SYSTEMS AND METHODS FOR TRADING ACTIVELY MANAGED FUNDS - The invention provides systems and methods for intra-day trading of actively managed exchange traded funds (AMETFs). The invention provides creation and redemption structures for AMETF shares that allow arbitrage, intra-day value estimations for AMETF shares, and hedging portfolios for hedging risks associated with trading AMETF shares, all without requiring disclosure of the specific assets underlying the AMETF. | 12-18-2008 |
| 20080319920 | Method And System For Determining Margin Requirements - The present invention provides for a system and method of applying value-at-risk determination of a financial portfolio to a performance bond requirement and comparing the value-at-risk determination with a traditional scenario-based performance bond requirement. | 12-25-2008 |
| 20080319921 | Apparatus and method for investment management - A method of funding an investment. The method comprises receiving a loan of a first amount from a lender and paying that loan in to an investment fund. The loan is repaid in accordance with a predetermined repayment schedule. The repayment schedule comprises a plurality of repayments made at predetermined regular time intervals. | 12-25-2008 |
| 20080319922 | SYSTEMS AND METHODS FOR AUTOMATED POLITICAL RISK MANAGEMENT - According to some embodiments, a computer-implemented method to facilitate management of risk related to political exposure associated with a financial transaction may comprise receiving financial transaction data associated with the transaction, determining that the participant is a politically identified person, calculating a first category political risk score based on the financial transaction data, calculating a second category political risk score based on the financial transaction data, calculating an overall transaction political risk quotient associated with the financial transaction based on the first and second category politically risk scores, generating a suggested action for the financial transaction based on the overall transaction political risk quotient, and delivering the matching name and a suggested action to a user interface in a format based on a user preference and a user device configuration. | 12-25-2008 |
| 20080319923 | Investment Analysis and Planning System and Method - A system for modeling and comparing supply of and demand for output of productive assets in an asset based business, the system including a database having one or more demand data structures each comprising a device field for storing data representing a device which consumes said output of the productive assets; and an expenditure data structure associated with each device for storing one or more attribute values corresponding to cost and benefits of the device over time. | 12-25-2008 |
| 20080319924 | Stock Method for Measuring and Assigning Precise Meaning to Market Sentiment - A stock method for objectively quantifying the feeling, or market sentiment, of a company's stock (or the market as a whole) in a data-driven and transparent manner that serves as a standardized tool useful to investors and stock market analysts in gauging such items as inflated or deflated price values resulting from varying levels of market sentiment. | 12-25-2008 |
| 20090006267 | SYSTEMS AND METHODS FOR COMPLIANCE SCREENING AND ACCOUNT MANAGEMENT IN THE FINANCIAL SERVICES INDUSTRY - Systems and methods for assisting financial services firms in the suitability screening and management of customer accounts, including computer programs for implementing such systems and methods, are disclosed. An illustrative system for performing compliance and account management at a financial services firm can include a number of representatives each having a number of clients, a compliance department including a number of supervisors each having supervisory review over client accounts managed by the representatives, and a computer program that can be used to generate electronic account applications that can be transmitted directly to a fund company for the purchase of funds. The computer program can include a hierarchical rules engine that can be used to create electronic control hierarchies that facilitate principal review over accounts and trades generated by the representatives. | 01-01-2009 |
| 20090006268 | COMPUTER-BASED METHOD FOR TEAMING RESEARCH ANALYSTS TO GENERATE IMPROVED SECURITIES INVESTMENT RECOMMENDATIONS - A computer-based method for combining investment recommendations of individual research providers such as stock analysts. The method includes providing a server running a research team management module. A list of individual research providers is displayed on a client node linked to the server network. A research team is generated based on user input including a number of the research providers. Team rules are assigned to the team defining an algorithm for processing recommendations from the members of the team. Recommendations for securities are retrieved for the research providers on the team, and team recommendations are generated by applying the team rules to the recommendations. Team recommendations are reported to the client node for guiding investments. Processing of the individual recommendations may include applying differing weights to the positive and negative recommendations and combining the weighted recommendations, with the weights being user-selected differentiating strengths of members of the research team. | 01-01-2009 |
| 20090006269 | Income Strategy Selector System - An income strategy selector method and related system enable a user to select the most appropriate income strategy, or group of strategies based upon the personal investment characteristics of the user. A plurality of questions is presented to the user to determine the investment characteristics of the user. Based upon these characteristics, the strategies that would fit the characteristics of the user are selected, and these selected strategies are presented to the user in order of least risk to most risk. Strategies not selected are also presented to the user in order of least to most risk to give the user the opportunity to explore a larger universe of choices of income strategies. | 01-01-2009 |
| 20090006270 | PERFORMANCE RISK MANAGEMENT SYSTEM - The embodiments of this invention relate to methods for developing risked budgetary performance estimates by analyzing commodity price risk(s) utilizing cash-flow-at-risk assessments in combination with Monte Carlo simulations. This automated method for risk analysis, includes modeling assets of a portfolio as derivatives; collecting pricing data and volatility surfaces related to the derivatives; calculating and scaling simulated cash-flow-at-risk (CFAR) values to generate a risk profile; and evaluating the risk profile to determine if the risk profile meets predetermined risk characteristics or requires modification. | 01-01-2009 |
| 20090006271 | System and method of visual illustration of stock market performance - The present invention provides a system and method for calculating and arraying an entirely universe of publicly traded stock performance data, technical and dynamic range of movement stock price data, underlying operating corporate balance sheet plus income statement fundamental data and ratios, and derived corporate operating and stock analysis data in such a manner as to enable the data for any selected single company to be phased, combined and superimposed within a series of graphical illustrations, which enable investors to easily visualize and compare the relationship of stock price movement and the underlying progression of fundamental operating variables of companies listed on exchanges around the world. The system includes a server computer, one or more client computer coupled to the server computer via the Internet, a database for storing, identifying and extrapolating stocks data, one module for calculating a set of selected performance parameters pursuant to a set of preset standards, a module for transforming calculation results of said calculation module into graphical illustrations; and a graphical user interface from which a user may send an inquiry to the server computer and be returned with a set of graphical illustrations on the inquired stock performance. | 01-01-2009 |
| 20090006272 | METHODS FOR REORGANIZING AN EQUITY FLOAT STRUCTURE - A method for reorganizing the stock of a publicly traded corporation. The method includes issuing a mandatory fractional dividend of free trading stock for each outstanding share of free trading stock. The method also includes exchanging all prior outstanding free trading shares for non-trading securities that can be converted back into free trading shares, thereby yielding positive impacts on stock price, market cap, investor psychology, trading characteristics and institutional marketability. | 01-01-2009 |
| 20090006273 | Stock Purchase Indices - A method and system for determining investor participation driven stock purchase indices. Raw customer trading data is received from an accounting system. The raw customer trading data is then aggregated to generate daily transaction total counts for all stocks (that is, total shares bought and sold, total market value, etc.) as well as daily transaction total counts for each individual stock. Aggregation of the raw customer data also addresses customer privacy concerns. The aggregated data is processed to produce moving averages, stock purchase indices, and stock rankings. The stock purchase indices are based on a diffusion index technique of segregating buyers from sellers, and with these relative counts, measures the breadth of investor purchasing participation. The stock purchase indices are then displayed to a graphical user interface. The display includes stock buy and sell ranking lists. | 01-01-2009 |
| 20090006274 | COMMODITIES BASED SECURITIES AND SHIPPING CERTIFICATE THEREFOR - The subject invention pertains to securities, preferably exchange traded funds, or ETFs, relating to commodities subject to futures contracts in a commodities market. More specifically, the invention relates to shipping certificates for commodities that dynamically compensate for commodity “roll neutrality” adjustments by altering the quantity of commodity associated with the shipping certificate, as opposed to a cash adjustment. The subject invention also pertains to the underlying “roll neutrality” adjustment related to a commodities market futures transaction and to the resulting ETF valuation as follows: ΣP | 01-01-2009 |
| 20090006275 | Method and apparatus for calculating credit risk of portfolio - The risk measures of a portfolio are calculated with speed. Concerning a loss for each of the sectors to which the companies constituting the portfolio belong, the Laplace transform of a conditional probability distribution in which factors affecting management indexes are respective values is calculated in advance and stored in a storage unit as data. The stored data is retrieved as an approximate value and used when a numerical calculation of an integral is performed, to perform the integration. Consequently, as it becomes possible to quickly calculate the Laplace transform of a density function and a distribution function, it is possible to calculate the density function and the distribution function by Laplace inversion and calculate the risk measures of the portfolio. | 01-01-2009 |
| 20090012909 | MANAGING RISK ASSOCIATED WITH OWNERSHIP OF SHARES IN A COMPANY - A method of managing risk associated with ownership of shares in a company includes accepting shares for pooling into a collective investment fund. One or more financial instruments are issued in exchange for shares. Revenues are generated on behalf of the collective investment fund through realization of accepted shares. A portion of those revenues is distributed among the shareholders according to vested interests in the financial instruments held by the shareholders independent of whether the revenues were generated from the shares accepted from that particular shareholder. | 01-08-2009 |
| 20090012910 | Method and system for gambling - A method of gambling using the stock exchange as the basis of the stakes. Option to choose specific shares or options or groups of shares or options. Option to choose day tickets or period tickets. Option to choose “blind” or personally chosen shares or options. Made accessible to average person to purchase from street booths without the need to deal with broker. | 01-08-2009 |
| 20090012911 | Systems and Methods for Providing a Sector Momentum Index - A securities index is provided by identifying a first index that has a plurality of sub-components; constructing a portfolio that has a plurality of sub-portfolios, each sub-portfolio containing holdings corresponding to one of the index sub-components, and each sub-portfolio having a corresponding initial weight with respect to the portfolio. A second index is defined that corresponds to performance of the portfolio. Performance for each of said sub-components relative to performance of said first index is calculated. A correlation of each of said sub-components with said first index is calculated. The portfolio is periodically rebalanced by increasing weights of sub-portfolios corresponding to sub-components that out-perform the first index and decreasing weights of sub-portfolios corresponding to sub-components under-performing the first index; except that for sub-components having the respective calculated correlation differing with the first index, corresponding sub-portfolios do not have weight increased. | 01-08-2009 |
| 20090012912 | Method and System For Simulating Implied Volatility Surface For Basket Option Pricing - A method and system for simulating changes in volatility for a price of a particular option on an underlying financial instrument is disclosed. A volatility surface model having at least one surface parameter is provided along with a set of volatilities for a plurality of options on the underlying financial instrument. The set of volatilities is analyzed to determine an initial value for each surface parameter which, when used in the surface model, defines a surface approximating the set of volatilities. The values of the surface parameters are then evolved using an appropriate evolution function. A volatility value for a particular option is extracted from the volatility surface defined by the evolved surface parameter values. The extracted volatility value can then be used in an option pricing model to provide a price of the particular option. The volatility of a basket options valued relative to the performance of multiple components can be simulated by determining the value of surface parameters for options on the component securities and then combining the component surface parameters to determine surface parameters for a volatility surface of the basket. | 01-08-2009 |
| 20090018966 | Formulation of Optimized Investment Indeces - Investment performance indices and methods of their formulation are described. The indices are determined by selecting a representative subset of assets (e.g., exchange-traded index funds) from a relatively larger number of possibilities in a given asset class. A performance index for the asset class is created by determining optimized weightings in each asset in the subset. The weightings can be optimized according to any number of optimization algorithms, including MVO, CVaR, and G-CAPM and tailored to a given investor risk profile. One or more “investor-centered” indices may be generated in this manner, for the asset class. | 01-15-2009 |
| 20090018967 | COMPUTER-BASED METHOD TO GRADE AND RANK ENTITIES - A computer implemented method for at least one of grading, measuring, classifying entities and/or ranking entities, and/or designating a winner among entities, with each entity assigned n grades of an ordered language of evaluation, where n is an integer greater than 1, may comprise sorting the grades assigned each entity according to a first ordering rule to obtain a first list of ordered grades. For i=1, . . . , n, generating for each entity a second list of ordered grades from the first list by assigning all i | 01-15-2009 |
| 20090018968 | Systems, methods, and media for trading securities - Systems, methods, and media for trading securities are provided. In some embodiments, methods for trading securities are provided, the methods comprising: accessing at least one record of an order in a trading blotter, the order having a security and side; sending a notification message indicating the security and side for the order; searching for a match for the notification message; if a match is found, obtaining a quantity associated with the order; and determining whether the quantity is adequate for executing a trade. | 01-15-2009 |
| 20090018969 | Systems and methods for providing investment strategies - In one aspect, the invention comprises a computer system comprising: (a) a computer component that receives data identifying a person's investing goals, current savings, and risk tolerance; (b) a database that stores the data identifying a person's investing goals, current savings, and risk tolerance and further stores data describing margin rates, stock returns, and bond returns; (c) a computer component that calculates a utility function and identifies a probability distribution of returns that is most optimal for the person, based on the data identifying the person's investing goals and risk tolerance; and (d) a computer component that calculates one or more investment targets for the person based on application of the utility function to the data describing margin rates, stock returns, and bond returns. Other aspects and embodiments of the invention comprise related methods and software. | 01-15-2009 |
| 20090018970 | METHOD AND APPARATUS FOR IMPLEMENTING REVOLVING ASSET-BACKED SECURITIZATIONS - An investment system that includes a revolving asset pool for holding income-bearing assets. A manager is responsible for actively managing the asset pool by purchasing and selling assets in the pool. A tax-advantaged entity such as an LLC or a partnership owns the assets in the asset pool such that income (less costs) generated by the asset pool is all paid to the investors. The manager actively manages the assets in the asset pool by ensuring that the assets are performing adequately and by reinvesting paid principal in additional assets. A portion of the capital contributed and a portion of the income generated from the assets create reserves to pay losses on the revolving asset pool with the remainder distributed to the investors. Optionally, an insurer/financial guarantor enhances the credit quality of the assets in the revolving asset pool such that the securities backed by the assets have a minimum investment grade. | 01-15-2009 |
| 20090018971 | Method for directing and executing certified trading interests - Preferred embodiments of the subject invention comprise: (a) electronically receiving securities order-related data regarding a set of securities market participants; (b) electronically storing the received order-related data regarding the set of securities market participants; (c) electronically receiving a securities order-related query (or order parameters) from a first securities market participant; (d) based on the order-related query (or order parameters) received from the first securities market participant and on the securities order-related data regarding the set of securities market participants, computing a dissemination list of securities market participants based on ranking likely contras by probability of execution; and (e) transmitting that dissemination list to an entity who has been granted the privilege of receiving such lists in exchange for being contractually bound to respect confidentiality of the dissemination list and to use the list only for the purpose of sending securities-related information to members of the list. | 01-15-2009 |
| 20090018972 | Method for directing and executing certified trading interests - Preferred embodiments of the subject invention comprise: (a) electronically receiving securities order-related data regarding a set of securities market participants; (b) electronically storing the received order-related data regarding the set of securities market participants; (c) electronically receiving a securities order-related query (or order parameters) from a first securities market participant; (d) based on the order-related query (or order parameters) received from the first securities market participant and on the securities order-related data regarding the set of securities market participants, computing a dissemination list of securities market participants based on ranking likely contras by probability of execution; and (e) transmitting that dissemination list to an entity who has been granted the privilege of receiving such lists in exchange for being contractually bound to respect confidentiality of the dissemination list and to use the list only for the purpose of sending securities-related information to members of the list. | 01-15-2009 |
| 20090018973 | Method for directing and executing certified trading interests - Preferred embodiments of the subject invention comprise: (a) electronically receiving securities order-related data regarding a set of securities market participants; (b) electronically storing the received order-related data regarding the set of securities market participants; (c) electronically receiving a securities order-related query (or order parameters) from a first securities market participant; (d) based on the order-related query (or order parameters) received from the first securities market participant and on the securities order-related data regarding the set of securities market participants, computing a dissemination list of securities market participants based on ranking likely contras by probability of execution; and (e) transmitting that dissemination list to an entity who has been granted the privilege of receiving such lists in exchange for being contractually bound to respect confidentiality of the dissemination list and to use the list only for the purpose of sending securities-related information to members of the list. | 01-15-2009 |
| 20090024535 | Finite Equity Financial Instruments - The value of finite equity-based financial instruments is related to future financial performance of an underlying company or companies. One instrument based on periodically reported financial performance operates on a swap basis between two parties. One party pays the second party a fixed, negotiated in advance, payment at the end of one or more calculation periods during the lifetime of the instrument. The other party pays the first party a variable payment equal to the reported financial performance during the calculation period multiplied by a percentage predetermined in advance. A second finite equity instrument is freely traded on a futures exchange between an issue date and a settlement date. At the settlement date the price of the instrument is fixed at a settlement value which is derived from the summed financial results of a company or companies between the issue date and the settlement date. | 01-22-2009 |
| 20090024536 | Methods and Systems for Reconciling Profit and Loss - In various embodiments, a network based system for reconciling financial data to a general ledger is provided, which comprises a financial data module configured to receive or transmit data from a front office and/or back office concerning a financial transaction or instrument; an adjustments module coupled to the financial data module configured to adjust the data received or transmitted from the front office and/or back office; a tracking module coupled to the financial data module configured to track adjustments made to the financial data; a reconciling module coupled to the data module configured to reconcile financial data from the front office and/or back office; and a lock down and signoff module coupled to the financial data module configured to prevent altering of the financial data and allow an authorized user to provide a digital signature to verify the integrity of the financial data at a close of business day. | 01-22-2009 |
| 20090024537 | Exchange-traded fund and process for trading same - The invention provides an exchange-traded fund for the trading of relatively illiquid securities and a process for forming and trading the same. The exchange-traded fund includes securities that are component securities of an Underlying Index and securities that are not component securities, thereby affording Authorized Participants the flexibility to designate securities within each category for inclusion in a portfolio deposit for the creation of a Creation Unit. This approach is necessitated by the relatively illiquid securities such as municipal bonds that lack sufficient liquidity for easy assembly in the amounts necessary for the in-kind creation or redemption of Creation Units for typical exchange-traded funds. This approach facilitates the ability of Authorized Participants to assemble a portfolio deposit and thereby allow for the effective functioning of an arbitrage process, while simultaneously enhancing the ability of the exchange-traded fund to track the applicable Underlying Index. | 01-22-2009 |
| 20090024538 | METHOD FOR PROVIDING STOCK INFORMATION AND BROADCAST RECEIVING APPARATUS USING THE SAME - A method for providing stock information and a broadcast receiving apparatus using the method are provided. According to the method for providing stock information, stock information is received according to the RSS protocol, and the received information is displayed as display information on a display of the broadcast receiving apparatus. | 01-22-2009 |
| 20090024539 | METHOD AND SYSTEM FOR ASSESSING CREDIT RISK IN A LOAN PORTFOLIO - A method and system for assessing credit risk in a loan portfolio of a lending institution is described. One embodiment receives a risk rating for each loan in the loan portfolio, the risk rating having been assigned based on a set of risk characteristics associated with the loan's concentration segment in accordance with a bifurcated model; receives a set of characteristics for each loan in the loan portfolio; receives capital numbers associated with the lending institution; performs a set of calculations for the loan portfolio to produce a credit-risk snapshot of the loan portfolio at a particular time, the set of calculations including at least one of expected loss, unexpected loss, economic capital, value at risk, and shareholder value added; and outputs the credit-risk snapshot of the loan portfolio to a user. Some embodiments also produce a trend analysis based on a plurality of credit-risk snapshots. | 01-22-2009 |
| 20090024540 | PERSONAL OR FAMILY FINANCIAL ACCOUNTING AND MANAGEMENT SYSTEM - A method for determining a state of personal finances includes establishing a personal finance code. The personal finance code includes amounts associated with a set of sources of income and amounts associated with a set of uses of funds. The personal finance code includes amounts associated with a set of asset categories. The set of asset categories include income producing assets, income consuming assets, and non-producing income producing assets. The method also includes determining a set of guidelines associated with the personal finance code. The set of guidelines is associated with at least one time period. In addition, the method includes deriving a comparison between the set of guidelines and a set of fiscal behaviors. The set of fiscal behaviors is associated with the at least one time period. The method further includes projecting the comparison over at least one subsequent time period to determine a projected effect. The projected effect includes a relative valuation of assets in at least one of the set of asset categories. | 01-22-2009 |
| 20090030849 | System to generate report analyzing business entity offering stock for sale - A business evaluation system generates for a stock investor a financial report that evaluates a business entity offering stock for sale. The system includes a pledge account in which to deposit pledge money; and, a portal including a memory for storing for a plurality of stock investors profile data, and the quantity of money pledged by each stock investor for the business entity. The memory also stores a pledge database containing the total pledge amount for the business entity. The system also includes a computer operably connected to the memory and operable to receive for each stock investor profile data and the amount of money pledged by each stock investor for the business entity, to direct pledge money to the pledge account, and to determine when a threshold amount of pledge money is received for the business entity. The system also includes a system to withdraw pledge money from the pledge account and to generate independently of the business entity an independent completed evaluation report for the business entity when the threshold amount of pledge money is received; and, a system to permit access to the completed independent evaluation report by stock investors that contributed money to the pledge account. | 01-29-2009 |
| 20090030850 | Method and system for a deferred variable annuity with lifetime benefit payments governed by an age-based withdrawal percent - A computer implemented data processing system and method administers a deferred variable annuity contract during the accumulation phase for a relevant life. The annuity contract has a payment base value, a contract value, and a step-up provision. Administration of the product determines whether a step-up of the payment base value is applicable. If applicable, the product determines a step-up, wherein the step-up is guaranteed at a predetermined percentage. The investments of the deferred variable annuity contract are not limited to a specific asset allocation in order to qualify for the step-up provision. | 01-29-2009 |
| 20090030851 | Method and system for a step-up provision in a deferred variable annuity with a rising guranteed step-up - A computer implemented data processing system and method for administering a deferred variable annuity contract during the accumulation phase for a relevant life. The annuity contract has a payment base value, a contract value, and a step-up provision. Administration of the product determines whether a step-up of the payment base value is applicable. If applicable, the product determines a step-up, wherein the step-up is guaranteed at a predetermined percentage. The investments of the deferred variable annuity contract are not limited to a specific asset allocation in order to qualify for the step-up provision. | 01-29-2009 |
| 20090030852 | Risk management system - The present invention provides a method and system for re-allocating financial risks. The system includes computer modules for assessing the behavior of a financial product by a financial institution, modeling the risks associated with providing the financial product by the financial institution, assessing the market risks associated with providing the financial product by a derivative counterparty and assuming, by the derivative counterparty, market risks associated with providing the financial product. | 01-29-2009 |
| 20090030853 | SYSTEM AND A METHOD OF PROFITING OR GENERATING INCOME FROM THE BUILT-IN EQUITY IN REAL ESTATE ASSETS OR ANY OTHER FORM OF ILLIQUID ASSET - Briefly, embodiments of a system or a method of profiting or generating income from equity in real estate or any other form of illiquid asset is disclosed. | 01-29-2009 |
| 20090037342 | SYSTEMS & METHODS FOR DETERMINING A VALUE OF AN INTELLECTUAL ASSET PORTFOLIO - Systems and methods determine an aggregate value of a portfolio of patents or other intellectual assets based upon a number of ratings. Each rating is determined with respect to one of a group of categories for each of the intellectual assets in the portfolio, including a category representing the claim strength of the asset being evaluated. For each of the intellectual assets in the portfolio, inputs corresponding to one of the plurality of ratings assigned to the asset are received. A value for each of the intellectual assets is computed as a function of the input representing the claim strength of the intellectual asset, adjusted by the other inputs for that intellectual asset. The aggregate value of the portfolio of intellectual assets is output as a function of the values of each of the intellectual assets in the portfolio. | 02-05-2009 |
| 20090037343 | INCUBATOR INVESTMENT STRUCTURE - An incubator investment structure including at least one incubated fund, an incubator participation fund investing in the incubated fund, and investors investing in the incubator participation fund. The incubated fund includes assets other than investments from the incubator participation fund. The incubated fund charges a management fee and/or a performance fee to its investors. However, it returns a portion of the fee it charges to the other assets to the incubator participation fund. Moreover, it gives a discount on the fees charged to the incubator participation fund. The incubator participation fund, in turn, passes a fraction of this returned portion of the other assets fee and the discount on to its investors. | 02-05-2009 |
| 20090037344 | Multiple Fund Structure For Mutual Funds Based On A Matrix Design Created By The Intersection Of Multiple Risk/Reward Investment Strategy Models And Multiple Fixed Percentage Rate Distribution Schedules For Investment Funds - A Multiple Fund Structure For Investment Funds Based On A Matrix Design Created By The Intersection Of Multiple Risk/Reward Investment Strategy Models And Multiple Fixed Percentage Rate Distribution Schedules For Investment Funds allows an investment company to serve the diverse needs of the large population of retirement income investors by developing a series of strategic asset allocation portfolios each with a menu of fixed rate distribution choices. The matrix structure offers an easy to understand design model. | 02-05-2009 |
| 20090037345 | Bundled Financial Instruments - Networks, systems and methods that match orders for bundled financial instruments are disclosed. In one example, the bundled financial instrument includes packaged underlying financial instruments that together provide an economic equivalent exposure to a long-term investment vehicle. The bundled financial instrument may include any set of contracts considered a linear combination of a plurality of standardized contracts associated with an obligation to exchange an asset at a set price on a future date. An open position for the bundled financial instrument is a function of the prices for each of the standardized contracts of the bundle and remains open from execution of the order to the earlier of a maturity of the bundled financial instrument, a conversion of the bundled financial instrument into constituent parts of the linear combination of a plurality of standardized contracts, or in the case where the bundled instrument is fractional size contract, when multiple bundles are converted to a single position of a corresponding full-sized instrument. | 02-05-2009 |
| 20090037346 | Periodic rate reset security with a conversion feature - A computer implemented method for an issuer of a periodic rate reset security with a conversion feature (PRRSC), other than a traditional convertible security issuer, to issue a PRRSC including the steps of designating the PRRSC as one of an equity or a debt instrument; designating an underlying security associated with the PRRSC; setting a conversion price and a conversion ratio for the PRRSC; designating a period for setting a periodic rate associated with the PRRSC; determining a value of the periodic rate in a market environment; and issuing the PRRSC, wherein conversion of the periodic rate reset security is non-dilutive to the net asset value and earnings per share of the underlying security of the PRRSC Issuer. | 02-05-2009 |
| 20090043711 | System and method for securities information service - A securities information service system comprises: a service module and a query module. The service module is used to accept a register request from a user and provide a user record. The query module is used to establish a comparison condition according to the user record. The service module is also used to accept a securities message. When the securities message satisfies the comparison condition, the service module will recommend the securities to the user. The securities information service system recommends the securities to users according to the comparison results in order to raise the users' identification and satisfaction with the recommended securities. | 02-12-2009 |
| 20090043712 | DYNAMIC REALLOCATION HEDGE ACCOUNTING - A hedged exposure and an associated hedging instrument can be accounted for to reduce periodic earnings volatility associated with the hedged exposure. The accounting to reduce the earnings volatility includes designating a portion of the value of the financial exposure as being hedged by the hedging instrument. The designated portion is determined based on a price sensitivity of the hedging instrument with respect to changes in market value of an underlying instrument. In each of a number of sequential periods, the portion of the financial exposure is redesignated based on changed price sensitivity of the hedging instrument. Periodic earnings volatility associated with a hedged exposure also can be reduced by dividing (for accounting purposes) the hedging instrument into a first part (also referred to as a designated part) and a second part (also referred to as a residue part). This division is made in a way that ensures that changes in the value of the first part substantially offset changes in value of the financial exposure. The method also includes designating a portion of the first part as a hedge of the financial exposure such that the remainder of the first part offsets the delta of the second part. In each of a plurality of sequential periods, the portion of the first part is redesignated to maintain the relationship between the first part and the second part whereby the remainder of the first part offsets the delta of the second part. | 02-12-2009 |
| 20090043713 | SYSTEMS AND METHODS FOR CHECKING MODEL PORTFOLIOS FOR ACTIVELY MANAGED FUNDS - The invention provides systems and methods for checking portfolios used to model the behavior of actively managed funds to facilitate intra-day trading of actively managed exchange traded funds (AMETFs) without revealing the fund assets. The invention also provides exchange traded notes based on an underlying actively managed fund without revealing the fund assets. | 02-12-2009 |
| 20090048981 | SiteWare a 3D (x,y,z dimensions) 4D (time;past(s), present future(s)) & 5D (Business Rules) infrastructure business intelligence and configuration management solution managing all enterprise physical and logical assets characteristics and relationships - SiteWare™ is a 3D (C | 02-19-2009 |
| 20090048982 | Method of computing a settlement price - A computer assisted method of operating a venue of an exchange comprises the steps of providing a market for trading of a product, acquiring a measure of trading volume of the product, and developing a measure of open interest in the product. A relationship is calculated between the measure of trading volume and the measure of open interest. A settlement price is computed in accordance with the relationship, and the settlement price is published. | 02-19-2009 |
| 20090048983 | USER INTERFACE FOR TREND PREDICTING IN A TRADING MARKET - Changes in trading trends are indicated. An indicator, such as a bar, is displayed adjacent to the trend line. The indicator persists the trend to a greater extent than the trend line. As the trend line changes, the indicator more gradually changes or does not change. The difference in values, such as slope of the indicator relative to the trend line, indicates the change in trend. | 02-19-2009 |
| 20090048984 | Method and Device for Calculating a Forward Price for Using Links in a Network - The invention relates to a method for calculating in a network that comprises links a distribution of forward prices for using the links in the network. The method comprises the following steps:
| 02-19-2009 |
| 20090055324 | System and method for predicting security price movements using financial news - A method of creating a price prediction model that forecasts short-term price fluctuations in financial instruments by collecting, analyzing and classifying financial news for a financial instrument into categories. Distributions for the changes in price of the financial instrument for a set period of time and distributions for the changes in price of the financial instrument as a result of the financial news for each news category for a set period of time are then obtained. If the distributions for the changes in price of the financial instrument are statistically significantly different than the distributions for the changes in price of the financial instrument for a particular news category, and the mean for the change in price is greater or less than zero, a signal is produced indicating the trading action that should be taken for the financial instrument. | 02-26-2009 |
| 20090055325 | System and method for an interactive analysis and information sharing platform for trading securities - A system and a method for an interactive analysis platform for trading securities which combines a plurality of different types of analytical information in a chart presented in a graphical display. The system provides the ability to form a community of traders as well as virtual trading room. At least one type of information provided in the graphical display relates to quotes for the securities being traded while at least one other type of information provided is an analysis of trading information. Preferably the analysis of trading information includes inputs from securities traders. Preferably, the securities being traded are related to currency, such as for example FOREX trades. For the purpose of description only and without wishing to be limited in any way, the discussion below centers around traded securities that are related to currency, although it should be noted that according to some embodiments, the present invention may also optionally be applied to stocks, bonds or any other type of security. The interactive platform preferably provides such combined information at least as a decision making tool (although as described in greater detail below, according to at least some embodiments of the present invention, execution of one or more trades is also supported). | 02-26-2009 |
| 20090055326 | System and method for securities information service - A securities information service system, comprising: a securities information module, a transaction record module, and an information service module. The securities information module receives a plurality of securities information from at least an external source of securities information. The transaction record module receives a plurality of transaction records provided by at least an external brokerage firm. The information service module accepts at least a user option from an external user, and compiles a combined data from the plurality of securities information and transaction records according to the user option, as well as simultaneously displaying all contents of the combined data for the user. The securities information service system may simultaneously display combined data derived from different sources, and generate recommended buying/selling prices according to the combined data so as to assist users in determining a most preferred time for buying/selling securities. | 02-26-2009 |
| 20090055327 | FINANCIAL GOAL PLANNING AND ANALYSIS SYSTEM - A financial advisory system is described that facilitates planning regarding financial goals, such as retirement. According to one embodiment, a method of forecasting a future value of a financial product holding is provided. Exposure analysis is performed on a financial product in which an investor holds an interest to determine how the financial product behaves relative to a set of asset classes. A forecast is generated for the financial product holding at a configurable time horizon based on forward-looking scenarios of one or more asset classes of the set of asset classes. Based on the forecast, information is directly or indirectly caused to be presented regarding a projected value of the financial product holding at the configurable time horizon. | 02-26-2009 |
| 20090063358 | METHOD AND SYSTEM OF PRICING EXOTIC OPTIONS - A system for calculating a market value of an exotic option comprises an input means ( | 03-05-2009 |
| 20090063359 | METHOD OF PRESENTING PREDICTIVE DATA OF FINANCIAL SECURITIES - A method of presenting past, present, and predictive data of a stock comprises the steps of displaying historical data of the stock on a user interface and displaying the current price of the stock on the user interface. The method further includes displaying limit prices of the stock including incrementally greater and lesser values expressed as a percentage of the target price of the stock. The method further includes displaying predictive data for the current price wherein the predictive data includes an edge expressed as an increase or decrease in the current price predicted to occur at the end of a hold period. The predictive data further includes a numerical expression of the probability that the predicted edge will occur at the end of the hold period. | 03-05-2009 |
| 20090063360 | DYNAMIC MARKET DATA FILTERING - Networks, systems and methods for dynamically filtering market data are disclosed. Streams of market data may be buffered or stored in a queue when inbound rates exceed distribution or publication limitations. Inclusive messages in the queue may be removed, replaced or aggregated, reducing the number of messages to be published when distribution limitations are no longer exceeded. | 03-05-2009 |
| 20090063361 | Risk and Reward Assessment Mechanism - A data driven and forward looking risk and reward appetite methodology for consumer and small business is described. The methodology includes customer segmentation to create pools of homogeneous assets in terms of revenue and loss characteristics, forward looking simulation to forecast expected values and volatilities of revenue and loss, and risk and reward optimization of the portfolio. One methodology used for modeling revenue and loss is a generalized additive effect decomposition model to fit historical data. Based on the model, a segmentation procedure is performed, which allows for creation of groups of customers with similar revenue and loss characteristics. An estimation procedure for the model is developed and a simulation strategy to forecast and simulate revenue and loss volatility is developed. Efficient frontier curves of risk (e.g., return volatility) and reward (e.g., expected return) are created for the current portfolio under various economic scenarios. | 03-05-2009 |
| 20090063362 | SYSTEM AND METHOD FOR CREATING AND TRADING A DERIVATIVE INVESTMENT INSTRUMENT OVER A RANGE OF INDEX VALUES - An investment instrument based on a range of index values is disclosed that allows investors to take risk positions relative to the size, or length, of the range. The investment instrument has a monetary value that increases as the index value increases within a low range interval of the range, decreases as the index value increases within a high range interval of the range, and is fixed or capped if the index value falls within a middle range interval of the range. Typically, one settlement amount will be zero and the other will be an amount greater than the investment instrument price. | 03-05-2009 |
| 20090063363 | SYSTEMS AND METHODS FOR CONSTRUCTING EXCHANGE TRADED FUNDS AND OTHER INVESTMENT VEHICLES - A method of forming an exchange traded fund (ETF) can include the steps of identifying an investor investment need, identifying funds that can be combined together to meet the investment goal, combining the identified funds to form a macro portfolio and converting the macro portfolio into an ETF. The step of converting the macro portfolio into an ETF can include one or more of generating a set of securities that, when combined, create a portfolio that tracks the performance of the macro portfolio, and constricting an index that is designed to track the performance of the macro portfolio. Other investment vehicles can be formed. | 03-05-2009 |
| 20090063364 | System And Method For Creating And Trading A Derivative Investment Instrument Over A Range Of Index Values - An investment instrument based on a range of index values is disclosed that allows investors to take risk positions relative to the size, or length, of the range. The investment instrument has a monetary value that increases as the index value increases within a low range interval of the range, decreases as the index value increases within a high range interval of the range, and is fixed or capped if the index value falls within a middle range interval of the range. Typically, one settlement amount will be zero and the other will be an amount greater than the investment instrument price. | 03-05-2009 |
| 20090063365 | System and method of managing cash and suggesting transactions in a multi-strategy portfolio - According to some embodiments of the present invention, there is provided a system for managing an investment portfolio that is associated with at least two investment strategies, at least one of the investment strategies providing a strategy change in respect of a non-cash position by explicitly or implicitly specifying a recommended change value for the non-cash position, the system comprising: a portfolio management processor, the portfolio management processor is responsive to the strategy change in respect of the non-cash position for calculating a cash allocation for a cash position of an investment strategy providing the change, wherein the cash allocation is based upon: a recommended relative weight for the cash position, the relative weight is provided explicitly or implicitly by the investment strategy providing the change, a relative weight of at least one other cash position, the relative weight is provided explicitly or implicitly by at least one other investment strategy with which the investment portfolio is associated, a specified proportion between the two or more investment strategies with which the investment portfolio is associated, and a value of a cash holding within the investment portfolio; and the portfolio management processor is further responsive to the investment strategy providing the change for calculating a suggested transaction based upon the change value specified explicitly or implicitly by the strategy providing the change in respect of the non-cash position, and based upon the cash allocation calculated for the cash position of the investment strategy providing the change. | 03-05-2009 |
| 20090070274 | Method and system for identification and analysis of investment assets - The present invention discloses a novel method and system for identification and analysis of fundamental stock characteristics, as well as investment funds distribution. Essential stock performance factors are identified and characterized, the identified factors are then divided by sectors. The weight on the stock selection decision of each factor is then identified based, in part, on how indicative the factor is of actual stock performance. Stocks are then purchased according to this selection method, and the unique fund division method of the present invention. | 03-12-2009 |
| 20090076974 | COMBINED ESTIMATE CONTEST AND PREDICTION MARKET - Users participate in an estimate contest and a prediction market for forecasting an outcome of a future event. Data from the estimate contest and the prediction market can be combined to obtain accurate information about overall group beliefs and individual or sub-groups beliefs. In the estimate contest, users provide estimated probabilities of occurrence for different possible outcomes of the event. Trades can be proposed, or automatically executed, based on differences between the user's estimated probabilities and probabilities obtained from a prediction market in which the user can buy and sell securities which represent the different outcomes. For example, a buying opportunity may be present when the user's estimated probability exceeds the prediction market's probability. Further, the user can express a risk level which is factored into the proposed trades. | 03-19-2009 |
| 20090076975 | STOCK INDEX LIQUIDITY SCREEN - A method of identifying global securities considered adequately liquid for foreign investment and/or inclusion in a global index. For each security, the method selects a portion of its issues (e.g., local issues) and calculates an Average Daily Trading Volume (“ADTV”) for each issue. The issue having the largest ADTV is identified as the primary issue. The method calculates the Active Trading Ratio (“ATR”) of the primary issue and determines the security is adequately liquid if the ADTV of the primary issue is greater than or equal to a minimum ADTV threshold and the ATR of the primary issue is greater than or equal to a minimum ATR threshold. The method may determine an inadequately liquid security is adequately liquid if the ADTV and ATR of another issue (e.g., a foreign issue) or depository receipts are greater than or equal to the minimum ADTV and ATR thresholds, respectively. | 03-19-2009 |
| 20090076976 | GLOBAL RELATIVE MARKET CAPITALIZATION - A method of constructing one or more global cap-size stock indexes. The method includes aggregating securities traded in a plurality of regions of the world into a single pool. Optionally, the securities may be screened to remove securities that are not available for investment by foreign investors. Additionally, a portion of the securities issued by companies having small company total market capitalizations may be screened from the pool. Then, the method determines a global market capitalization associated with each security in the pool. Finally, a portion of the securities is assigned to one of the global cap-size stock indexes based on the global market capitalization associated with the securities and one or more threshold values calculated as a function of the global market capitalizations of the securities in the pool. The global market capitalization associated with each security may include the company total market capitalization of the security's issuing company. | 03-19-2009 |
| 20090076977 | METHOD OF ASSIGNING SECURITIES TO A COUNTRY - A method of assigning securities to countries/regions. A company having a formation country/region, headquarters country/region, and primary exchange country/region issued each security. Countries/regions are classified as special, no domestic exchange (“NDE”), benefits driven incorporation (“BDI”), and non-BDI. Special rules apply to securities issued by companies formed in special countries/regions. Securities issued by companies formed in NDE countries/regions are assigned to their primary exchange countries/regions. Each security issued by a company formed in a non-BDI country/region is assigned to its formation country/region if its formation, headquarters, and primary exchange country/region are identical. If these three countries/regions are not identical and the formation country/region is a BDI country/region, the security is assigned to either the headquarters or primary exchange country/region. If these three countries/regions are not identical and the formation country/region is not a BDI country/region, the security is assigned to one of the formation, headquarters, or primary exchange country/region. | 03-19-2009 |
| 20090076978 | Electronic trade information graphical user interface - A method for displaying trading information relating to a tradable item being traded electronically on an electronic exchange is disclosed. The method comprises receiving market data corresponding to the tradable item, displaying on a display screen a bar chart representing historical trading information of this tradable item. The bar chart is shown on a scale of time versus price, each bar corresponding to a time window of predetermined time period and indicating at least an opening price, a closing price, highest price and lowest price for that time window. An end bar on the bar chart represents a current time window, indicating the opening price for the current time window. The method further comprises dynamically indicating the lowest price in which a transaction was made in the current time window, highest price in which a transaction was made in the current time window, and price of latest transaction. The market depth information comprising bid and offer orders for different price levels is simultaneously dynamically displayed on a grid superimposed on a strip on the bar chart representing the current time window, with the end bar merged on that strip. | 03-19-2009 |
| 20090076979 | DETERMINING INVESTOR INTEREST - A method and computer program product for defining one or more investor portfolio preferences for a user. The one or more investor portfolio preferences are compared to one or more attributes of a security. An interest score for the user relative to the security is generated. | 03-19-2009 |
| 20090076980 | METHOD OF ADMINISTERING A MUTUAL FUND THAT SEEKS TO PROVIDE REGULAR MONTHLY PAYMENTS WITHOUT CONSUMING PRINCIPAL - A method of administering an investment fund. The method includes the steps of creating shares for sale, providing a managed distribution schedule identifying a number of payments to be provided during each of consecutive periods, providing an investment strategy for investing in assets to provide funds sufficient to meet the managed distribution schedule, issuing a share to an investor in exchange for funds received from the investor, investing the received funds according to the investment strategy, calculating the value of each of the payments to be provided according to the managed distribution schedule in a period to the investor, and providing each of the payments to the investor during the period. Each payment is calculated according to a formula that specifies that the value of each payment is based on a trailing Net Asset Value (NAV) of the investor's share. | 03-19-2009 |
| 20090076981 | APPARATUSES, METHODS AND SYSTEMS FOR A HIGH DENSITY FINANCIAL ASSET INFORMATION DISPLAY - The disclosure details the implementation of an APPARATUSES, METHODS AND SYSTEMS FOR A HIGH DENSITY FINANCIAL ASSET INFORMATION DISPLAY. The disclosure teaches a High Density Financial Asset Information Display which provides a high density, straightforward, unified, compact, dynamic and comprehensive display interface that presents users with a high volume of easy to understand financial asset information including the current buy and sell prices, the current price direction, the amount of time the asset pair is traded at each price, and the change in price over multiple time frames. The High Density Financial Asset Information Display is dynamically updated with the latest financial information and is formatted to convey relevant changes in the information of interest in a way that is easily understood by users. | 03-19-2009 |
| 20090076982 | System and method for asymmetric offsets in a risk management system - A system and method for using asymmetrical offsets for products in a risk management analysis system are disclosed. Conventional systems assign symmetrical offsets for products, that is, if two products have an 80% correlation they each would be assigned an offset of 80% with respect to each other. However, it is desirable to allow for asymmetrical offsets. In the disclosed system and method, when two products have a correlation of 80%, one may be assigned an offset of 75% and the other may be assigned an offset of 80%. There are many reasons to vary the offset between the products. The varying offset may reflect an asymmetry in the risk in one of the products, such as being traded in an illiquid market or in a less desirable venue. The varying offset may correct for an imbalance in spread credits due to special charges from intra spreading. | 03-19-2009 |
| 20090076983 | METHOD AND SYSTEM FOR OBJECT-ORIENTED MANAGEMENT OF MULTI-DIMENSIONAL DATA - Methods and systems for managing and analyzing multi-dimensional data are provided. Example embodiments provide a Meta-Object Data Management System “MODMS,” which enables users to arrange and to rearrange the hierarchical relationships of the data on an ad-hoc basis and allows the data to be analyzed using any set of attributes (dimensions) while the system is running. The MODMS represents heterogeneous data in a normalized (standardized) fashion using an object type management system that allows the arbitrary coercion of one type of object into another different type of object and automatically resolves attribute dependencies. In one embodiment, the MODMS comprises an object type management subsystem; a meta-object instantiation subsystem; one or more data repositories that hold, for example, the data used to populate objects and object type definitions; and an input/output interface. These components cooperate to allow the creation, management, and analysis of relationships between many different types of single and multi-dimensional data. In one embodiment, the MODMS is used to implement an enterprise portfolio management system. | 03-19-2009 |
| 20090083194 | Investment company that invests in fixed income securities and has conventional and ETF share classes with different dividend payment frequencies - Methods and apparatus are provided to administer an investment company. The investment company issues one or more classes of shares that are bought from and redeemed with the investment company at a net asset value. The investment company also issues one or more classes of shares that are listed for trading on a securities exchange and that are bought and sold in a secondary market at negotiated market prices. One or more computers maintain information regarding portfolio holdings of the investment company and outstanding shares in the investment company. Dividends are periodically declared at a first time interval for the outstanding shares that are bought from and redeemed with the investment company at a net asset value. The amount of dividends to declare is calculated from the information maintained in the one or more computers. Dividends are periodically declared at a second time interval that is different from the first time interval for the outstanding shares that are exchange-traded. Again, the amount of dividends to declare is calculated from the information maintained in the one or more computers. | 03-26-2009 |
| 20090083195 | FEATURE-BASED SIMILARITY MEASURE FOR MARKET INSTRUMENTS - In one embodiment, first, second, and third inputs are received. The first input specifies a first market instrument and the second input specifies start and end dates of a first time series for the first market instrument. The third input specifies a feature set computer and the values of zero or more parameters thereof. A first feature set of the first market instrument is determined by applying the feature set computer to the first time series. A second feature set of a second market instrument is determined by applying the feature set computer to a second time series for the second market instrument, where the second time series is bounded by the start and end dates. The second feature set is correlated to the first feature set to determine a similarity score for the second market instrument, where the similarity score is a measure of the relationship between the second market instrument and the first market instrument. | 03-26-2009 |
| 20090083196 | BASKET CREATION PROCESS FOR ACTIVELY MANAGED ETF THAT DOES NOT REVEAL ALL OF THE UNDERLYING FUND SECURITIES - Methods and apparatus are provided to administer an actively managed investment company that invests assets in fixed income securities. The investment company issues one or more classes of shares that are listed for trading on a securities exchange and that are bought and sold in a secondary market at negotiated market prices. The investment company selects and holds a portfolio of fixed income securities that relate to a benchmark index. The selection is made in an actively managed manner such that the duration range of the securities holdings is either longer than the duration of the benchmark index, close to the duration of the benchmark index, or shorter than the duration of the benchmark index. The investment company defines a creation unit basket that has a duration that is equal to a midpoint of the duration range of the securities holdings of the investment company. The investment company periodically publishes the creation unit basket to facilitate creation and redemption of the exchange-traded shares. | 03-26-2009 |
| 20090089218 | Guaranteed Lifetime Withdrawal Benefit and Administration Thereof - A method for administering a guaranteed lifetime withdrawal benefit including initiating the waiting period, calculating the account value to determine the benefit base, periodically determining the account value, comparing the account value to the benefit base, initiating the withdrawal period by fixing the benefit base and withdrawal percentage, calculating the distribution factor and calculating the guaranteed withdrawal. The method allows for premiums to be made during the waiting period. There is a distribution factor assigned to each premium based upon the date of the premium and the annuitant's age at the date the distribution factor is calculated. An existing average distribution factor is calculated periodically and compared to the attained age factor to determine a new average distribution factor. The resulting guaranteed withdrawal amount is the product of the benefit base and the new current average distribution factor. | 04-02-2009 |
| 20090089219 | System and Method for Processing Investment Transactions - A method for processing investment transactions includes receiving investor information regarding each of a plurality of investors. The investor information may include, an identity, a minimum investment per unique investment and a minimum number of required unique investments. Each of the plurality of investors may be signatory to a respective general partnership agreement that share a common general partner. Some of the investor information may be derived from the terms of the general partnership agreement. The method may also include notifying the plurality of investors of a future unique investment opportunity. In accordance with a particular embodiment, for each particular investor of the plurality of investors, it is determined whether the particular investor will participate in the future unique investment. | 04-02-2009 |
| 20090089220 | Simplified quote sharing calculation - Presented is a method for calculating and distributing quoting share revenue to exchange members that contribute quote data to market data feeds. First, the method reads in trading data chronologically for a particular day. Using an object oriented framework, the method divides the symbols and orders into groups of objects to facilitate the tracking of the total price, quantity, and seconds displayed for each symbol. The timestamp of each message is read and the seconds field is parsed ignoring fractional seconds. Credits are awarded for each second the quote is displayed at the National Best Bid/Offer (“NBBO”) by multiplying the price, quantity, and elapsed whole seconds. These quote credits are stored by the system for each member and symbol. Members are eligible to earn quote credits on either the bid or the offer or both at the same time. | 04-02-2009 |
| 20090089221 | Method of providing catastrophic loss protection through a mortgage - A catastrophic hazard protection (CHP) mortgage may be provided on real property or structure(s) on the real property of a owner. The CHP mortgage may be structured to include financial protection in the event that one or more structures of the real property is damaged by a catastrophe such as a hurricane or earthquake. The owner may pay an increased interest rate on the CHP mortgage. If catastrophe damage occurs, the principal amount of the CHP mortgage may be reduced by the lesser of the value of the damage or the principal balance. Alternatively, the owner may receive a payment equivalent to the lesser of the value of the damage or the principal balance. A CHP mortgage may be implemented electronically. Additionally, catastrophic hazard protection may be added onto an existing mortgage. | 04-02-2009 |
| 20090089222 | SYSTEM AND METHOD FOR AUTOMATED STOCK MARKET OPERATION - A system and method for automated stock market investment. In an embodiment, the method includes: i) inputting M previous time period values for the stock into a M-order finite impulse response (FIR) filter, the M-order finite impulse filter having a filter order M, a least mean square (LMS) prediction algorithm with step-size mu, and M adjustable filter coefficients; ii) obtaining an output from the M-order FIR filter, the output from the M-order FIR filter being a predicted next time period value for the stock; iii) comparing the predicted next time period value for the stock with an actual next time period value for the stock to calculate a prediction error; iv) inputting the calculated prediction error into an adaptive algorithm to obtain an adjustment for the at least one adjustable filter coefficient; and v) applying the adjustment for the at least one adjustable filter coefficient and repeating all steps until halted. | 04-02-2009 |
| 20090089223 | APPARATUS AND METHODS FOR HANDLING TRADING DATA - A manually-assisted computer and communications apparatus is provided for periodically fixing a price of a currency or commodity. Successive rate samples of said currency/stock/commodity are received from a plurality of sources ( | 04-02-2009 |
| 20090089224 | METHOD FOR USING ENVIRONMENTAL CLASSIFICATION TO ASSIST IN FINANCIAL MANAGEMENT AND SERVICES - Managing risks of crop production can be performed by understanding the relative performance of different agricultural inputs under the same or similar environmental conditions. In addition, managing of crop production risks can be performed by understanding variations in the performance of the same agricultural inputs over a range of environmental conditions. By being able to describe and understand these variations in performance, decisions can be made which are consistent with overall business and/or production objectives and limit risk associated with variations in environmental conditions. In addition to producers there are other stakeholders in the crop production process, such as financial institutions, insurance providers, users of crops produced, and input suppliers. These and other stakeholders can provide financial incentives to producers for managing crop production risks through use of environmental classification and/or genotype-by-environment information. | 04-02-2009 |
| 20090094166 | OBJECT-ORIENTED TIME SERIES GENERATOR - In one embodiment, an expression comprising a left-hand side and a right-hand side is received. The left-hand side specifies one or more market instruments, and the right-hand side specifies a method that is to be applied based on the left-hand side of the expression. The expression is parsed. A time series is generated by applying the method based on one or more sets of data values associated with the one or more market instruments. The generated time series is stored in computer data storage. | 04-09-2009 |
| 20090094167 | ELECTRONIC BIDDING METHOD FOR MAXIMIZING THE RATE OF RETURN FOR FUNDS IN EXCESS OF CURRENT REQUIREMENTS - An electronic method for obtaining bids for investments in guaranteed investment contracts (and similar investment products) and investments purchased for a yield restricted defeasance escrow, includes the steps of providing an investor intermediary computer having a digital data store, inputting data into the digital data store representing the bid specifications of the investment, and providing a digital input/output electronic two-way communications link allowing communication between the investor intermediary computer and a plurality of investment provider computers by means of an electronic two-way communications link. The bid specifications for the investment are transmitted to the plurality of investment provider computers, and the bids for investments received from the investment providers to make a yield-based or fixed price-based investment based on the bid specifications provided for the investment are transmitted from investment provider computers to an investor intermediary computer having a digital data store, by means of an electronic two-way communications link. | 04-09-2009 |
| 20090094168 | SYSTEM AND METHOD OF PROVIDING A LONGEVITY BENEFIT - Systems and methods are provided for providing enhanced late-life retirement income through the issuance of credits to a financial instrument. With these credits, the individuals have the potential for a higher return late in life in exchange for potential forfeiture of at least a portion of the designated account for premature death. | 04-09-2009 |
| 20090094169 | STOCK ACCOUNT/ORDER/MARKET PRICE INQUIRY SEVICE METHOD USING A MOBILE TERMINAL - Disclosed is a stock account/order/market price inquiry service method using a mobile terminal that is able to perform a stock account/order/market price inquiry service through a mobile terminal using a stock chip. A stock account/order/market price inquiry service method comprising the steps of: (1) displaying a lower menu page on a mobile terminal of the stock account/order service after a PIN authentication; (2) generating an account/order service request message on the basis of stock chip information read from a stock chip and service request information corresponding to the lower menu and then transmitting the same to a relay server; and (3) receiving a service response message corresponding to service request message from the relay server and displaying the same on the screen of a mobile terminal. | 04-09-2009 |
| 20090099974 | System and method for attributing performance, risk and risk-adjusted performance of an investment portfolio to custom factors - Systems and methods for attributing return, risk, and risk-adjusted performance for an investment portfolio. Residual factors for the investment portfolio may be determined based on a matrix of custom factors. The residual factors may correspond to a matrix of factor exposures for the portfolio that may be obtained by orthogonalizing true factors for the portfolio to the matrix of custom factors. The return of the portfolio may be attributed to the custom factors, the residual factors, and idiosyncratic effects. The risk of the portfolio may be attributed to the custom factors, the residual factors, and the idiosyncratic effects. The risk-adjusted performance may be attributed to the custom factors, the residual factors, and idiosyncratic effects based on the return attributions and the risk attributions. The return attribution, risk attribution and risk-adjusted performance attribution for each of the custom factors, the residual factors, and the idiosyncratic effects may be stored. | 04-16-2009 |
| 20090099975 | STOCHASTIC CONTROL SYSTEM AND METHOD FOR MULTI-PERIOD CONSUMPTION - The present invention relates to dynamic optimization of system control over time. The need for dynamic optimization arises in many settings, as diverse as solar car power consumption during a multi-day race and retirement portfolio management. We disclose a reformulation of the control problem that overcomes the so-called “curse of dimensionality” and allows formulation of optimal control policies multiple period planning horizons. One optimal control policy is for power consumption by a solar car during a race, which involves many course segments, as course conditions vary through a day. Another is for risk in and consumption from a portfolio intended to support retirement. Both multi-period control policies take into account future uncertainty. Particular aspects of the present invention are described in the claims, specification and drawings. | 04-16-2009 |
| 20090099976 | METHOD AND SYSTEM FOR DETERMINING OPTIMAL PORTFOLIO - An optimal portfolio determining method enables high speed determination of objective financial product which optimize availability for institutional buyer or retail investor and purchasing amount on the basis of information relating to earning rate or the like of individual name and information relating to information factors influencing for earning rate, and a system for realizing the method. The method includes input step of inputting constraint parameters forming constraint condition for optimizing objective function consisted of an expected value of the earning rate of each individual financial product, individual floating factor as unique factor of each individual financial product influencing for earning, common floating factor as factor influencing for earning of overall financial products, and risk influencing for earning rate and earning of overall financial product, and solving step of determining financial product to perchance and purchasing amount for maximizing the objective function on the basis of input data. | 04-16-2009 |
| 20090099977 | Annuity Contract Management System and Method Thereof - Method performed by an annuity contract system includes managing a bid module according to participation of a user; before the user starts to pay premiums according to an annuity contract, generating a premium amount through the bid module and a investment management module; and at an end of premium terms as specified in the annuity contract, determining an annuity amount according to a remaining asset of the user settled according to the annuity contract, a result of managing the bid module, and a management result of the investment management module. | 04-16-2009 |
| 20090099978 | Process, system and financial engine for determining a level of risk in the market, and for adjusting user's market exposure based on the level of risk - A process, system and financial engine which determine a portfolio's sensitivity to market risk based on market conditions are described. In particular, with these process, system and financial engine, first data representative of time horizon information and second data representative of risk tolerance information are first received, and guidelines data based on the first and second data are established. Economic and market data underlying the quantitative indicators and factors determining the qualitative indicators are received. Market risk signals based on the indicator(s) is then established. The portfolio's sensitivity is determined based on the established guidelines data and the market risk signal. Using these process, system and financial engine, it is possible to determine the current market risk level, and then recommend changes to (or adjust) the user's portfolio market risk sensitivities based on the user's time horizon (i.e., the need to access their assets within a particular time) and the determined market risk level. | 04-16-2009 |
| 20090099979 | Systems and methods for enhancing group benefit plans and other entities via life insurance funding and administration structures - The present inventions provide improved funding and administrative arrangements for increasing the amount of income available for group benefit plans, unions, VEBAs, and other entities designed to aggregate funds for the benefit of a selected population. In general, the arrangement includes an insurance component and a financing component and may be bankruptcy-remote from the group benefit plan and its sponsor. The financing component may be combined with the insurance component in order to create and capture value by obtaining comparatively inexpensive capital market funding to generate a favorable economic outcome for the plan, its participants and/or certain specified beneficiaries. The financing component may be selected such that it is capable of paying premiums associated with the insurance component and funding other aspects of the arrangement. | 04-16-2009 |
| 20090106167 | FLEXIBLE PREMIUM INCOME ANNUITY SYSTEM AND METHOD - A computerized method and system for providing a flexible income annuity includes inputting a plurality of premium payments for the income annuity from an investor, the flexible premium payments being received on different dates. The computerized method and system further includes computationally aggregating income benefits from the one or more investment vehicles of the income annuity where the income benefits are associated with premium payments received on different dates. The method and system further includes calculating an income payment based the aggregated income benefits and outputting the income payments to a payee on one or more selected disbursement dates. Therefore, the investor is provided the flexibility to make premium payments for the income annuity on varying dates. | 04-23-2009 |
| 20090106168 | METHODS AND APPARATUS FOR BUILDING SECURITIZATION POOLS - The present disclosure provides methods and apparatuses for building securitization pools. Using the methods and apparatus herein, users can more easily create securitization pools. Users can set asset properties independent of the way the assets are stored. Additionally, users can create expression definitions that are specific to a given deal. Also, changes to the expressions can be saved for auditing and reporting purposes. | 04-23-2009 |
| 20090112773 | Automated Private Financing Network - A computerized and networked system and method empower individuals and businesses to obtain private financing from qualified investors by offering risk diversification and investment liquidity. In addition, progress of the individuals and businesses is monitored to ensure their compliance with the business plans submitted to the investors. Furthermore, suspicious activities are monitored, detected and reported in accordance with the anti-money laundering, anti-terrorist financing and/or anti-financial crimes regulatory requirements. | 04-30-2009 |
| 20090112774 | SYSTEMS AND METHODS FOR PORTFOLIO ANALYSIS - In one aspect, the invention comprises a computer-implemented method comprising: (i) electronically receiving data describing one or more risk factors driving volatility of each of a plurality of securities comprised in a specified portfolio; (ii) for each of the plurality of securities, categorizing each of the risk factors as a random variable and identifying a distribution that best fits each risk factor's historical behavior; and generating a return distribution for the security, based on the best fit distributions; and (iii) aggregating the security return distributions to generate a return distribution for the specified portfolio. Other aspects and embodiments comprise analogous software and computer systems. | 04-30-2009 |
| 20090112775 | SYSTEM AND METHOD FOR ASSIGNING RESPONSIBILITY FOR TRADE ORDER EXECUTION - An embodiment of the present invention provides a system and method for a sponsoring organization to: (1) utilize a rules-based computer system to capture trade orders from sub-advisors (money management firms) in order to implement a pre trade compliance review process, thereby enabling the sponsoring organization to prevent the execution of trade orders by a sub advisor that violates securities laws and/or account restrictions; and (2) determine and assign, based on expected market impact of a trade order to buy or sell securities, whether responsibility (discretion over the decisions related to how, when and with whom a trade order is executed) for executing the trade order is assigned to the money management firm for an investment portfolio or to the sponsoring organization of that portfolio. Trade orders are categorized in real-time as “high touch” (significant effort and market impact) or “low touch” (insignificant effort and market impact). | 04-30-2009 |
| 20090112776 | SOLUTIONS SERVER - Method and system for providing solutions to problems including generating problem definitions for problems, receiving environmental information required for generating solutions for the problems, generating solutions for the problems dependent upon the environmental information and the problem definitions, and communicating solutions to clients before the solutions are disclosed. A solution server comprising a processor coupled to at least one source of environmental information and coupled to at least one client, the processor programmed to generate problem definitions for problems, receive environmental information required for generating solutions for the problems, generate solutions for the problems dependent upon the environmental information and the problem definitions, and communicate solutions to clients before the solutions are disclosed. | 04-30-2009 |
| 20090119224 | Algorithmic trading system, a method for computer-based algorithm trading and a computer program product - An algorithmic trading system, comprising
| 05-07-2009 |
| 20090119225 | METHOD AND SYSTEM FOR PROVIDING A UNIFIED MODEL FOR CANDIDATE SERVICE ASSETS - A computer-implementable method, system and computer-usable medium in which a unified model is utilized to provide candidate service assets. A plurality of assets can be presented to a user in association with a consistent set of properties that demonstrate how a particular asset among the assets Is composed. A single consolidated data model can then be processed that sufficiently describes the particular asset in a manner that provides sufficient information to the user to determine if the particular asset is a possible candidate for subsequent selection and action by the user, thereby permitting the user to perform decisions with respect to the particular asset with a minimal effort. | 05-07-2009 |
| 20090119226 | Trade Strategy Monitor Platform - Described are methods and systems, including computer program products, for trade strategy monitoring. A back-end server can receive a first input from a first client device indicative of a first trade strategy and a first test parameter. The back-end server can obtain historical data associated with the first trade strategy, execute the first trade strategy on the historical data in accordance with the first test parameter, and transmit the results in a normalized format to the first client device. The back-end server can receive a second input from a second client device indicative of a second trade strategy and a second test parameter. The back-end server can obtain historical data associated with the second trade strategy, execute the second trade strategy on the historical data in accordance with the second test parameter, and transmits the results in a normalized format to the second client device. | 05-07-2009 |
| 20090119227 | Systems and Methods for Controlling Portfolios - Systems and methods are disclosed which relate to the management of asset invested in a fund. The system includes a computer connected to a network which has constantly updated fund data available to compare a current fund with a plurality of possible new funds. The system automatically transfers from one fund to another according to user predetermined criteria. | 05-07-2009 |
| 20090119228 | SYSTEM AND METHOD FOR DYNAMIC VALUE ADDED ATTRIBUTION - A system, method and computer program product provides for portfolio analysis in one or more exemplary periods. The method includes determining weight and return measures between a plurality of assets based upon the likely performance of the assets. It also includes determining at least one allocation measure (AM) of the plurality of assets, and decomposing the at least one allocation measure (AM) respectively into at least one of a static allocation (SA) measure and a dynamic allocation (DA) measure. | 05-07-2009 |
| 20090119229 | Electronic Collateral Management System and Method - A process for allocating specific assets from a pool of assets to secure a liability. Information concerning each of the assets in the pool of assets is received from at least two sources. A set of validation rules is applied to the information for each asset in the pool of assets and those assets which do not meet the validation rules are rejected. A price is assigned to each non-rejected asset. A subset of the non-rejected assets is allocated to the liability as a function to collateralize the liability. | 05-07-2009 |
| 20090119230 | Commodities Based Securities and Roll Neutrality Therefor - The subject invention pertains to securities, preferably exchange traded funds, or ETFs, relating to commodities subject to futures contracts in a commodities market. More specifically, the invention relates to shipping certificates for commodities that dynamically compensate for commodity “roll neutrality” adjustments by altering the quantity of commodity associated with the shipping certificate, as opposed to a cash adjustment. The subject invention also pertains to the underlying “roll neutrality” adjustment related to a commodities market futures transaction and to the resulting ETF valuation as follows: Σ P | 05-07-2009 |
| 20090125447 | METHOD, SYSTEM AND MACHINE READABLE PROGRAM FOR MITIGATING EFFECTS OF DATA SPIKES - The invention provides, among other things: methods, systems, machine readable programs and associated graphical user interfaces for identifying a financial instrument and a time interval associated therewith. The financial instrument has a first set of data associated therewith, which includes a plurality of values. The values may include a first value associated with a high value for the financial instrument during the time interval and a second value associated with a low value for the financial instrument during the time interval. The values may further include a third value associated with an opening value for the financial instrument during the time interval and a fourth value associated with a closing value for the financial instrument during the time interval. The time interval is then analyzed to determine if it includes a spike or other anomaly based upon the first set of data. | 05-14-2009 |
| 20090125448 | SYSTEM, METHOD AND PROGRAM FOR AGENCY COST ESTIMATION - A method, system and computer program product for forecasting the transaction cost of a portfolio trade execution that may be applied to any given trading strategy or an optimal trading strategy that minimizes transaction costs. The system accepts user-defined input variables from customers and generates a transaction cost estimation report based on those variables. Two models are utilized: discretionary and non-discretionary. A specific transaction cost estimation and optimization is performed that model the transaction costs of a specific trade execution based on the user's trading profile and market variables. | 05-14-2009 |
| 20090125449 | Systems and methods for determining investment product suitability - Techniques and systems are disclosed for determining the suitability of one or more investment products for an investor. One embodiment provides a method which includes receiving (e.g., via a graphical user interface, or GUI) information defining one or more characteristics of the investor, receiving (e.g., retrieving from an electronic file storage) information defining, for each of the investment products, at least one policy which pertains to investors in the product in a manner based at least in part on the characteristic(s) of the investor, processing the information to determine whether and/or how one or more policies apply to the investor, and presenting to a user (e.g., via the GUI) an indication of whether and/or how the policy(ies) apply(ies) to the investor, thus enabling the user to evaluate the suitability of the investment product(s) for the investor. | 05-14-2009 |
| 20090125450 | METHOD AND SYSTEM FOR MEASURING INVESTMENT VOLATILITY AND/OR INVESTMENT PERFORMANCE - The present invention relates to a method and system for measuring investment volatility (e.g., total portfolio volatility of individuals) and/or investment performance (e.g., total portfolio performance of individuals). In one example (which example is intended to be illustrative and not restrictive), the method and system may be used for measuring investment volatility and/or investment performance of personal pension portfolios. In another example (which example is intended to be illustrative and not restrictive), the method and system may provide for measuring volatility of an investment portfolio held by an investor, comprising: providing first information indicating volatility of the investment portfolio over one or more predetermined periods of time; and providing second information indicating volatility of investment portfolios of the investor's peer group (e.g., on average) over the predetermined period(s) of time. | 05-14-2009 |
| 20090125451 | TECHNIQUES FOR REDUCING DELTA VALUES OF CREDIT RISK POSITIONS IN ONLINE TRADING OF CREDIT DERIVATIVES - Techniques for reducing delta values of credit risk positions in online trading of credit derivatives are disclosed. In one particular exemplary embodiment, a method for reducing delta values may comprise: receiving, in an online trading system of credit derivatives, a plurality of credit risk positions submitted by a plurality of trader clients, each credit risk position having a delta value and a maturity date, wherein each trader client's submission is unknown to other trader clients: identifying, from the plurality of trader clients, at least two trader clients who hold offsetting credit risk positions on at least two maturity dates; determining delta offsets to be applied to delta values of the credit risk positions held by the at least two trader clients and having the at least two maturity dates, such that an overall delta of each of the at least two trader clients' credit risk positions remains substantially unchanged after the application of the delta offsets; calculating, based on the determined delta offsets, notional amounts of credit derivative trades needed to realize the delta offsets; and executing the credit derivative trades among the at least two trader clients. | 05-14-2009 |
| 20090125452 | Currency Strength Indexes - Systems, methods and computer instructions for creating and/or determining the present value of currency strength indexes are provided. Certain methods of using a computer to create a currency index include: selecting a basis currency; selecting a plurality of non-basis currencies; assigning an allocation to each non-basis currency; and making an investment transaction for each non-basis currency based at least in part on the allocation. In certain methods, the investment transaction includes selling an amount of each non-basis currency against the basis currency. In certain methods, the investment transaction includes buying an amount of each non-basis currency against the basis currency. Certain methods include determining the present value of the currency index. | 05-14-2009 |
| 20090125453 | STOCK NAME SEARCH DEVICE, STOCK NAME SEARCH METHOD, AND INFORMATION STORAGE MEDIUM - In order to allow a user to quickly select a stock name with a stock price transition of a desired pattern from among a large number of stock names, a stock name search device includes: a similarity calculation unit ( | 05-14-2009 |
| 20090132428 | Method for creating and marketing a modifiable debt product - This invention relates to a method for creating and marketing a modifiable debt product wherein a debtor who issues the debt note has the ability to modify the type of the note coupon multiple times throughout the life of the note while continuously providing fixed coupons to respective investors. The modifications to the note coupon are determined by prevailing market conditions and are executed as on-market transformations. The invention provides flexibility to the debtor who may wish to change the note in response to the fluctuations of the market without creating additional risk to investors. | 05-21-2009 |
| 20090132429 | Programmable Financial Instruments - A method and system is disclosed for creating and using programmable financial instruments. The method and system addresses the problems caused by limiting the scope of financial instruments to inert objects, whether considered as abstract data or in a physical embodiment such as a paper certificate. Applications of the method and system include trading, portfolio management, collateralization, securitization, securities lending, securities borrowing, and credit enhancement. | 05-21-2009 |
| 20090132430 | Method and system for providing a deferred variable annuity with lifetime benefit payments related to a withdrawal percent and a deferral bonus percent - A computer implemented data processing system and method administers a deferred variable annuity contract during the accumulation phase for a relevant life. The annuity contract has a payment base value, a contract value, and a step-up provision. Administration of the product determines whether a step-up of the payment base value is applicable. If applicable, the product determines a step-up, wherein the step-up is guaranteed at a predetermined percentage. The investments of the deferred variable annuity contract are not limited to a specific asset allocation in order to qualify for the step-up provision. | 05-21-2009 |
| 20090132431 | SYSTEM FOR MAPPING FINANCIAL DISCLOSURE DATA INTO COMPLIANCE INFORMATION - A system for creating tagged financial documents which are computer readable. The system extracts compliance information and inserts tags related to particular financial data. The tags may be computer readable so the tagged information may be easily found and manipulated. | 05-21-2009 |
| 20090132432 | COMMODITY, PRICE AND VOLUME DATA SHARING SYSTEM FOR NON-PUBLICLY TRADED COMMODITIES - A system and a method are disclosed for gathering non-publicly available commodity data, processing the data, and distributing the processed information over the Internet or similar backbone in a delayed or real time manner. In particular, such a system provides technology and a process that gathers data from multiple operating systems and diverse software systems, receives the data in a central processing system, creates weighted averages, tickers, historical charts, and tables, and allows access to such from web-enabled devices. | 05-21-2009 |
| 20090132433 | MATCHED FILTER APPROACH TO PORTFOLIO OPTIMIZATION - Given a fixed amount of capital, how to invest it optimally by distributing it among a set of stocks and securities so as to maximize the return while minimizing the overall risk is addressed here. Given that one has full freedom in selecting the type of stocks, a new strategy is outlined here by maximizing the ratio of the gain to risk—rather than minimizing the risk alone—to determine the fraction of capital that must go to each stock. An optimum gain versus variance plot can be used to determine the type of stocks to be selected in addition to their relative quantity for maximum yield over the duration of interest. By modifying the definition of risk to include a function of the covariance matrix of secondary stocks that are sympathetic to the primary stocks of interest, an alternate investment strategy is also developed here. If short selling of stocks and securities is not allowed in a portfolio, then stock selection becomes important so as to maintain the desired fractions to be positive. In this context, a new iterative method that incrementally increases the diagonal loading of the covariance matrix of the primary returns so as to achieve positive weight factors is also developed. | 05-21-2009 |
| 20090132434 | Methods and Systems for Determining Composition of a Commodity Index - Methods and systems provide a commodity index for investing. In one implementation, a method selects a commodity component for inclusion in the commodity index and calculates a target weight of the commodity component. The method further selects a time interval for maturity of the commodity component to be fixed at from a current date. Financial instruments may be purchased corresponding to the commodity component. | 05-21-2009 |
| 20090138406 | SYSTEM AND METHOD FOR PROVIDING A TARGET SPENDING PORTFOLIO - A system or method for administering an investment portfolio which assists investors in managing their assets and converting those assets to income. The investment portfolio of the present disclosure is designed to pay back the investor's principal and earnings over the portfolio's term. In this manner, the investment portfolio provides a more attractive way to sustain purchasing power than yield-oriented investments. | 05-28-2009 |
| 20090138407 | Methods, Systems and Computer Program Products for Providing Low Risk Portable Alpha Investment Instruments - Provided are methods of providing a portable alpha investment instrument. Some embodiments of such methods include allocating a first portion of a financial asset to a first asset class, allocating a second portion of the financial asset to a second asset class, establishing a swap transaction corresponding to the first portion of the financial asset, the swap transaction configured to define a minimum term corresponding to an asset status change, and transferring the first portion and the second portion of the financial asset responsive to the allocating. | 05-28-2009 |
| 20090138408 | Automated Renewable Scholarship - A computerized method and system for facilitating and brokering investment in a scholarship candidate is disclosed. A vehicle is provided for modeling an expected return on investment made in a scholarship candidate based upon historical, demographic and other related data. The return on the investment is commensurate with the success of the scholarship candidate. A portfolio of potential scholarship candidates can also be created, such that an investment can be made in the portfolio of scholarship candidates. A return on investment can be received based upon the performance of the portfolio aggregate. Qualifications that are considered desirable for a scholarship candidate can be rated according to standardized terms or be highly subjective. Terms of a scholarship contract can provide for a scholarship candidate to receive funding in the near term in order to pursue an educational endeavor in return for a covenant to fulfill contract terms at a later date. | 05-28-2009 |
| 20090138409 | Access for Non-Accredited Investor to Simulated Hedged and Leveraged Investments through Exempt Variable Rate Term Deposit Vehicles - An online investment system includes an entry module programmed to receive information about an investor, retrieve the investor's credit score, and value one or more assets pledged by the investor to fund the investor's investment. The system also includes an investment options module programmed to offer the investor a plurality of investment options based on the investor's credit score, at least one of the investment options including a term deposit tied to performance of a hedge fund index. | 05-28-2009 |
| 20090138410 | System and method for hedging dividend risk - The present invention provides a method and system for determining hedging transactions to meet required characteristics of risks associated with an insurance instrument, and mitigating the risks associated with the insurance instrument by executing hedging transactions. The hedging transactions utilize dividend swap agreements to hedge first order dividend risk. In general, dividend swap derivative hedging encapsulates a dividend swap containing a payoff formula, which is a function of a notional amount, a sum of dividends payable between a start date and a end date, and a breakeven level of dividends. | 05-28-2009 |
| 20090138411 | METHOD OF TRADING DERIVATIVE INVESTMENT PRODUCTS BASED ON AN INDEX ADAPTED TO REFLECT THE RELATIVE PERFORMANCE OF TWO DIFFERENT INVESTMENT ASSETS - Methods of creating indexes to reflect the relative performance of a pair of investment assets are provided. Also provided are methods of trading derivative investment products based on such an indexes. According to embodiments the invention index values are calculated based on the single day percentage change in the value of each asset, the cumulative relative change in the value of each asset, or the average daily relative change in the value of each asset. According to an embodiment all positions in derivative investment products based on an index are settled in cash at the end of each trading session, and the index is reset to a base value prior to trading the derivative investment products in the next session. | 05-28-2009 |
| 20090138412 | COMPUTER-IMPLEMENTED METHOD FOR FULLY INSURING LARGE BANK DEPOSITS - A computer-implemented method of processing large deposits that exceed an established deposit insurance limit is provided so that the large deposits are fully insured. The large deposits are received by a plurality of unaffiliated banks from their depositors. A processor receives orders placed by the plurality of unaffiliated banks to process the large deposits. The processor partitions each of the large deposits into a plurality of deposit portions, each deposit portion not exceeding the established deposit insurance limit. The processor assigns at least some of the deposit portions to at least some of the unaffiliated banks for deposit therein. In this manner, at least some of the unaffiliated banks that place orders to process large deposits also receive deposit portions from other unaffiliated banks that place orders to process large deposits. | 05-28-2009 |
| 20090138413 | Method And Systems Of Structuring A Derivative Financial Instrument - The invention provides methods of extrapolating at least one future mortality rate by calculating a current year mortality rate for a particular age cohort, and applying a series of improvement factors to the current year mortality rate. The invention further provides methods of structuring a derivative financial instrument by providing projected going-forward mortality rates reflective of a degree of improvement in mortality rate experience for particular age cohorts for a particular future period, and defining settlement parameters wherein a value recognized by an investor in said instrument at the time of settlement relates at least in part to the correlation between said projected mortality rate and actually-incurred mortality rate for the age cohort during at least a portion of the period. | 05-28-2009 |
| 20090144206 | SYSTEM FOR PROVIDING LIFETIME INCOME PROTECTION - The invention relates to a system for managing a investment product that guarantees minimum withdrawal availability during retirement and provides for fee refunds upon termination of an investor's participation in the plan. | 06-04-2009 |
| 20090150301 | FINANCIAL PRODUCT RISK MITIGATION SYSTEM AND METHOD - Automated methods for managing risk associated with investment products is disclosed. A logic engine executes portfolio realignment and contract benefit calculations according to timing rules or event-based triggers. The investment product may provide a guaranteed withdrawal benefit option that allows for a variety of investment, payment, withdrawal, fee and termination options. | 06-11-2009 |
| 20090150302 | METHOD FOR MARKET MAKING - A preferred embodiment of the subject invention automates the market making process for currency trading. When a quote request for a currency is received from a client (preferably over a computer network such as the Internet), software of a preferred embodiment calculates a real-time bid and ask price for the currency. The subject invention is applicable to any asset for which market making is appropriate, and is not restricted to currency exchange. | 06-11-2009 |
| 20090157561 | CONVERSION AND LIQUIDATION OF DEFAULTED POSITIONS - A method of liquidating defaulted positions associated with centrally cleared financial product is disclosed. The method includes identifying a defaulted position associated with a centrally cleared financial product, calculating a value differential between the defaulted position and a standard position, offering the value differential and the standard position to a party such that the value differential and the standard position represent a converted position, and settling the converted position upon acceptance of the offer by the party. | 06-18-2009 |
| 20090157562 | Method and system for providing risk tranches in an investment product - A method and system for investing in an investment fund by at least one investor are provided. The method includes defining at least two tranches of the investment fund, each tranche associated with a tranche risk profile. The method includes, for each investor, receiving an investment amount in each tranche. The method includes calculating a profit/loss for each investor based on the investment amounts, the tranche risk profiles and a performance of the investment fund. | 06-18-2009 |
| 20090157563 | SYSTEMS, METHODS AND COMPUTER PROGRAM PRODUCTS FOR CREATING A TURNOVER EFFICIENT FRONTIER FOR AN INVESTMENT PORTFOLIO - A method, system and computer program product for optimizing return of an investment fund, based on a correlation between AUM and turnover, include steps of generating a turnover efficient frontier for an investment fund that models fund return versus fund turnover for one or more fund sizes; determining a current fund return and fund turnover of the fund; determined a current position of the fund on the turnover efficient frontier based on the current fund return and fund turnover; and determining whether an increase or a decrease in one of fund size or turnover will move the fund to an optimal point on the turnover efficient frontier. | 06-18-2009 |
| 20090157564 | System and Method for Selecting Securities for Investment - A system and method for automated selection of securities within an index for purchase or sale. The system and method according to certain embodiments of the present invention select securities within and index for purchase based on the percentage differential of the price of each security within the index and the 52-week high price. A target sell price is determined based on a pre-selected percentage increase of over the purchase price of the selected security. Once the market price of the selected security reaches the target sell price, the system and method according to certain embodiments of the present invention sells the selected security. The proceeds of the sale of the selected security may be reinvested according to the second selected security within the index. | 06-18-2009 |
| 20090164384 | Investment structure and method for reducing risk associated with withdrawals from an investment - This invention relates to a method for reducing risk associated with a withdrawal from an investment by determining an amount related to a liability or asset associated with the withdrawal and incorporating at least a portion of the amount into other liabilities or assets related to the investment. Further, the absolute value of the amount is amortized. Therefore, the effects of multiple withdrawals are balanced and reduced with time, thereby reducing the overall risk associated with withdrawals. Accordingly, withdrawals can occur more frequently, and a more liquid investment structure is provided. | 06-25-2009 |
| 20090164385 | SYSTEM AND METHOD FOR SCHEDULING ASSET ALLOCATION - A distributed asset allocation processing system performs a computerized method for allocating subscriber assets. The system configures predetermined investment allocation paths that relate asset allocation models to trigger events. The system then selects a predetermined path based on a subscriber's risk tolerance. At each trigger event along the predetermined path, the system automatically rebalances the subscriber's assets according to an asset allocation model corresponding to the trigger event. | 06-25-2009 |
| 20090164386 | METHOD AND SYSTEM FOR STANDARDIZED REPORTING OF FAILED TRADES - A computer-based method for standardized reporting of failed trades entails receiving trade data from a data generator, the trade data including information characterizing at least one failed trade. A current format (e.g., XML format, SWIFT message format, spreadsheet format) for the trade data is identified and a conversion template is selected for the current format. The received trade data is converted into at least one failed trade record having a standardized format using the conversion template, and is stored in a failed trades database. A trade fail report that includes at least one failed trade record is generated by accessing failed trade records in the failed trades database. The trade fail report can then be provided to an authorized data consumer. | 06-25-2009 |
| 20090164387 | SYSTEMS AND METHODS FOR PROVIDING SEMANTICALLY ENHANCED FINANCIAL INFORMATION - Systems and methods for providing semantically enhanced financial information are provided. Semantic information integration and computing technologies may be utilized to create and maintain an up-to-date semantic graph encapsulating with nodes and links the business associations among companies, assets, and financial instruments in an industry. The systems and methods provide and use an up-to-date knowledge map for an industry in which an entity, such as a company, operates. | 06-25-2009 |
| 20090164388 | LONG-TERM INVESTING - The present invention is a method, system and investment product for allocating or structuring investment assets (such as marketable securities, bonds, mortgages, or other property interests, options or derivatives). The system, method or product enables selecting or grouping a number of individual financial instruments together into a portfolio (e.g., a fund or trust) and assigning weight coefficients to the selected financial instruments based upon a predetermined scale. After assigning the weight coefficients, the system or method purchases the selected instruments based on the allocated total purchase for each instrument (i.e., the total price of each instrument reflects is the price per unit×number of units, which correspond the predetermined weight coefficient). Then, the purchased individual financial instruments are allowed to fluctuate and perform for a predetermined time period (i.e., a number of years and months) without any further significant adjustments to the initial portfolio. | 06-25-2009 |
| 20090164389 | Investment Management Tool - The following describes an investment management tool based on dynamically linked and re-configurable portfolio building blocks. These building blocks are graphical structural elements of an investment portfolio that represent either individual investments or the hierarchical groupings of individual investments in a multi-tiered investment structure. The portfolio building blocks provide access to a variety of identity/position specific investment tools and they can be individually programmed and dynamically linked to form a highly flexible, hierarchical portfolio management system. The portfolio building blocks when created, structured and linked into an operational portfolio provide an easily manipulated portfolio investment and information management toolkit that dramatically clarifies and simplifies the process with which individual investors can create and manage a portfolio of equities in an investment account. | 06-25-2009 |
| 20090171857 | Method of increasing the sale value of the equity of a business entity - A business entity or investment entity increases the sale value of its own equity by forming a new hybrid investment unit that includes the combination of a debt instrument and the equity share. The debt instrument pays interest that is tax deductible to the business entity or investment entity and is not subject to the double taxation of dividends. The price of an ordinary equity share traded on an exchange is artificially reduced by the amount the cash dividend paid. The hybrid investment unit prevents the exchange from artificially reducing the equity in the unit because the debt in the unit pays interest and principal instead of dividends. | 07-02-2009 |
| 20090171858 | Method and system for the exchange of intellectual property assets - A computer based method and system for exchange of intellectual property assets which permits intellectual property IP) buyers and IP sellers to interact via a marketplace exchange includes a marketplace exchange accessed via a global communication network by IP buyers and IP sellers through utilization of computers. The marketplace exchange also includes a mechanism for posting of a listing of IP sellers on the marketplace exchange and a transactions section for facilitating transactions relating to intellectual property assets posted on the marketplace exchange. | 07-02-2009 |
| 20090171859 | METHOD FOR BALANCING THE RISK/REWARD STRUCTURE FOR TRANCHES IN COLLATERALIZED DEBT OBLIGATIONS - A structured finance transaction, such as an asset securitization, is disclosed which includes a method for balancing the risk reward structure in the transaction by providing an additional tranch of securities, Class X. The Class X tranch of securities, for example, may be amortizing senior secured securities that are used to reduce the payout risks to senior and subordinate tranches. The principal and interest payments to the note holders of the Class X tranch are paid from interest proceeds received from the asset pool, and the excess spread remaining is reinvested during a specified reinvestment period. | 07-02-2009 |
| 20090177589 | CROSS CORRELATION TOOL FOR AUTOMATED PORTFOLIO DESCRIPTIVE STATISTICS - The cross correlation tool is used to quickly understand and describe the composition of an asset portfolio and the response of a user selected variable versus other variables in the portfolio. The tool is also used to quickly identify unexpectedly high or low correlation between two attribute variables and the response variable. Identification of unexpected correlations improves understanding of the portfolio data and the decisions regarding a potential purchase of the portfolio. Attribute variables are of two types, continuous and categorical. The cross correlations are computed between all variables of interest and their bin or level and presented in a two dimensional matrix for easy identification of trends. | 07-09-2009 |
| 20090177590 | Total Return Asset Contracts and Associated Processing Systems - A novel vehicle investment that greatly simplifies ownership and implementation of futures so that the pricing, trading, and risk management characteristics of futures investment are more broadly accessible by investors. Trading and account processing is implemented on a data processing platform that facilitates expanded access and use of risk management via futures contracts. | 07-09-2009 |
| 20090177591 | ZERO-KNOWLEDGE PROOFS IN LARGE TRADES - According to one aspect, presented is a useful new mechanism that facilitates the atomic exchange of large baskets of securities in a combinatorial exchange. Some embodiments of the exchange offer institutions who wish to trade large positions a new alternative to existing methods of trading. In one embodiment of an exchange, institutions submit encrypted orders which are crossed (buys, sells, shorts, and longs, for example, are matched) leaving a “remainder”. The exchange proves facts about the portfolio risk of this remainder to third party liquidity providers without revealing the securities in the remainder. The third parties learn either (depending on the setting) the portfolio risk parameters of the remainder itself, or how their own portfolio risk would change if they were to incorporate the remainder into a portfolio they submit. They submit bids on the commission, and the winner supplies necessary liquidity for the entire exchange to clear. According to another aspect, an “institution” (a firm who invests in financial markets) wishes to execute a large basket of trades, and mitigate execution risk by having an intermediary—for example, an investment “bank”—take on the basket into its inventory and unwind the trades on its own. Instead of revealing specific information about the equities in the basket, which could be exploited, the institution and banks can conduct a zero-knowledge protocol in which the banks learn how much the risk profile of their inventory—more generally, their utility—would change if they accepted the basket. In this process, the institution learns nothing about the bank's inventory or risk management beyond the price the bank is willing to pay, and the banks learn nothing about the basket beyond how the overall risk characteristics of their portfolio would change if they accepted the basket. | 07-09-2009 |
| 20090177592 | SYSTEM AND METHOD FOR FLEXIBLE SPREAD PARTICIPATION - A system and method for risk analysis of a portfolio of derivative products is disclosed which is conducted based on a set of flexible rules. The system and method allow creating predefined sets of products for the purpose of future risk offsets. If a futures trade as a subset of that set of products that met a threshold level, then the subset is assigned the offset value (or a pro rata or other portion of the offset value) of the predefined set. For example, assume that the predefined set consists of one S&P 500 futures, one NASDAQ futures, one S&P Midcap 400 futures and one Russell 1000 futures and the threshold is three. If the futures trader holds any three of those four futures, the three futures can be grouped, assigned an offset value, and this group can be used as one asset for purpose of further risk offsets. | 07-09-2009 |
| 20090182682 | Bank-eligible investment product and a system and method for designing, implementing, monitoring and managing the same - A computer system and computative process for designing, implementing, processing, communicating and managing a bank-eligible investment product that invests in other bank-eligible investments wherein the risk-based capital exposure of each investment is compared to a limit database and processed using a plurality of risk-weight percentages stored in the database. The computer system receives as its inputs performance data and asset allocation data for each investment and processes that data in order to calculate the risk-based capital exposure of each investment inside the product, determine the risk-based capital assessment of an investor's total investment in the product, and as part of its output, provides sufficient reporting information for investors as required by federal, state, and local regulations. In one embodiment, the constraints of each investment inside the product are frequently and periodically reprocessed, according to prescribed system parameters in order to achieve desired risk-based capital output for communication to users and for adjustment of the composition of the bank-eligible investment product. | 07-16-2009 |
| 20090182683 | Method and System for Low Latency Basket Calculation - A basket calculation engine is deployed to receive a stream of data and accelerate the computation of basket values based on that data. In a preferred embodiment, the basket calculation engine is used to process financial market data to compute the net asset values (NAVs) of financial instrument baskets. The basket calculation engine can be deployed on a coprocessor and can also be realized via a pipeline, the pipeline preferably comprising a basket association lookup module and a basket value updating module. The coprocessor is preferably a reconfigurable logic device such as a field programmable gate array (FPGA). | 07-16-2009 |
| 20090182684 | METHOD AND SYSTEM FOR CREATING A VOLATILITY BENCHMARK INDEX - A method and system for creating a volatility benchmark index is disclosed. The method includes obtaining a value of a Treasury bill account less a mark-to-market value of at least one of a volatility-based future or option and calculating a value reflecting a volatility benchmark. The value may be displayed at a trading facility and volatility benchmark quotes may be transmitted by the trading facility to a market participant. | 07-16-2009 |
| 20090182685 | SYSTEM AND METHOD FOR INVESTMENT IN A PORTFOLIO OF ENTERTAINMENT PRODUCTIONS - The invention relates to a system and method for raising a fund from investors for the purposes of distributing to a portfolio of startup investments, where each startup investment within the portfolio has been separately capitalized. Additionally, the invention relates to a system and method for investing in a milestone based portfolio of startup investments. The investment then must meet certain preset criteria (“milestones”) before additional capital is allocated to the investment. | 07-16-2009 |
| 20090182686 | INTEGRATED TRADING INFORMATION PROCESSING AND TRANSMISSION SYSTEM FOR EXEMPT SECURITIES - A system is provided for processing and transmitting trading information for exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities. The system may include: (a) a risk analytic module using the latest market prices and data provided by other modules, (b) an auction module including asset auction functionality and a multi-lateral counterparty trade workstation capability, with bid-offer and unique asset price sourcing capabilities, (c) an asset or portfolio tracking module providing browser based, realtime consolidated reporting of multi-firm asset positions (public or private), and (d) an out-of-band communications module alerting users/subscribers who may or may not be logged on the system via fax, e-mail, text messages, or other out-of-band communications of a pending transaction being consummated or achieved. | 07-16-2009 |
| 20090187510 | Calculating Method for Systematic Risk - A calculating method for systematic risk comprises the steps of: calculating and obtaining predetermined number of true values of beta coefficient of a stock; establishing an original data series from the true values of beta coefficient; taking the accumulated generating operation (AGO) on the original data series to obtain a accumulated generating operation series; applying the MEAN operation to the accumulated generating operation series to obtain a mean series; using the original data series and the mean series to establish an grey differential equation; expressing the grey differential equation into a grey differential equation matrix; calculating particular parameters in the grey differential equation based on the least square method; applying the particular parameters into a whiting responsive equation to obtain a forecasting value of the accumulated generating operation series; and taking the inverse accumulated generating operation (IAGO) on the forecasting value of the accumulated generating operation series to obtain a forecasting value of beta coefficient. | 07-23-2009 |
| 20090187511 | LIVE ALERTS - Systems and methods for monitoring the trading of financial instruments are provided. Trading messages are received at a live alert server. The messages are analyzed with a set of predetermined limits and rules. When a predetermined limit or rule is violated, an email message is sent to a regulator or other trading entity. The email message may include a hyperlink that may be selected to generate a real-time report relating to the limit or rule. When hyperlink is selected, a query is sent to a query server where the real-time report is generated and transmitted back to the requesting party. | 07-23-2009 |
| 20090192946 | Electronic financing and collateralization method for securities - This process is designed to supplement current financing methods for general collateral with a secure vehicle (Collateral Receipt) that can be delivered vs. payment via the Federal Reserve's Book Entry system and or through the Depository Trust Company. It is further designed to allow for the Collateral Receipt to be fully netting eligible by FICC without the requirement that cash providers agree to clearing fund requirements or mutualization of loss. A Collateral Receipt would be an obligation issued by an organization such as a registered clearing corporation which would represent ownership in a pool of collateral that is priced and maintained by that organization. The process involves calculating a collateral value for the securities issue using an initial price, electronically delivering the instructions to a clearing bank, transmitting a value of the securities issue to an issuer, whereupon the issuer issues a collateral receipt in exchange for the securities issue. | 07-30-2009 |
| 20090192947 | Generating a Savings Plan - A user utilizing a user interface inputs debt information, income information and savings information. The user also inputs retirement information which includes aspects of the user's retirement plans (e.g., age of retirement, current age, etc.). The debt information, the income information, and the savings information are assigned to categories. The categories are prioritized to generate a savings plan that includes a savings prioritization (e.g., save into these types of accounts in this order) and/or a spending prioritization (e.g., spend from these types of accounts in this order). The savings plan and/or a quantified benefit of its use is displayed to the user. | 07-30-2009 |
| 20090192948 | Investment Determination - Included are embodiments for providing investment data. One embodiment of a method includes providing an interface with predetermined criteria and at least one field, the at least one field configured to receive user input, the interface configured to provide investment data for at least one piece of property and receiving user input for the at least one field. Some embodiments include automatically determining investment data for the at least one piece of property, based on the received user input for the at least one field. | 07-30-2009 |
| 20090192949 | MODELING FINANCIAL INSTRUMENTS USING BID AND ASK PRICES - A method for modeling an investment significant parameter of a financial instrument, using a computer. At least one series of historical bid prices of the financial instrument or historical ask prices of the financial instrument is provided. A financial model type that has at least one variable parameter is selected. The variable parameter(s) of the selected financial model type is initialized. The series of historical bid prices and/or historical ask prices is applied to the initialized financial model type to estimate the variable parameter(s). The resulting model of the financial instrument may be used to predict future values of the investment significant parameter of the financial instrument. These predicted future values may be used to determine whether to perform automated trades of the financial instrument. | 07-30-2009 |
| 20090198627 | Multi-Leveled Graphical Representation Business Listing and Investment Portfolio Evaluation Method - A method of graphically representing and evaluating various business portfolios and listings. The method graphically depicts various user defined stages of use as “arrays” about a central pivot point, graphically depicts various user defined focus areas as “threads” about a central pivot point and graphically depicts various user defined listing capabilities as “fibers” created by segmenting threads. Information concerning these arrays, threads and fibers is conveyed to users by the presence or absence of various colors, shades or patterns within the various arrays, threads and fibers. Also, additional information about the threads and arrays may be conveyed to users by introducing movement of these arrays and threads. | 08-06-2009 |
| 20090198628 | METHOD FOR PRICING AND PROCESSING DISTRIBUTED TASKS - A system is described for interchange of problems and solutions by a human or computer which system has the capability to use market forces to determine a price of the solutions. The system comprises a client subsystem for solving problems, a client subsystem for submitting problems, an API by which to access the centralized exchange system, data storage, an administration subsystem, and a primary processing subsystem. | 08-06-2009 |
| 20090198629 | SYSTEMS AND METHODS FOR COMPOUND RISK FACTOR SAMPLING WITH INTEGRATED MARKET AND CREDIT RISK - Systems and methods for generating an integrated market and credit loss distribution for the purpose of calculating one or more risk measures associated with a portfolio of instruments are disclosed. In at least one embodiment, compound risk factor sampling is performed that comprises conditionally generating multiple systemic credit driver samples for each market risk factor sample generated per time step of a simulation. There are also disclosed systems and methods for determining an optimal number of sample values for each of the market risk factors, systemic credit drivers, and optionally, idiosyncratic risk factors that would be required in order to obtain an acceptable amount of variability in the calculated risk estimates and/or to satisfy an available computational budget. | 08-06-2009 |
| 20090198630 | Systems and methods for investing - The present invention provides unique systems and methods for investors to invest in a new start-up, potential high growth or other company or business entity, and potentially make a substantial return on their investment while minimizing the risk of a loss of invested capital (i.e., having a maximized risk/investment return ratio), using a unique combination of various investment vehicles and insurance and annuity products, including in force non-variable (or other) life insurance policies held on individuals preferably ranging in age from about 70 to about 80 years, Single Premium Immediate Annuities, and LIBAC | 08-06-2009 |
| 20090198631 | System and Method for Selecting Securities for an Investment Portfolio - Methods and systems for selecting and weighting securities for an actively managed exchange-traded fund. An initial selection of stocks includes domestic or international stocks, which are selected based at least in part on market capitalization. Each stock is scored using a plurality of growth and value factors to generate one or more growth scores and one or more value scores. A selection score is determined for each stock, and the stocks are ranked according to selection scores. A predetermined amount of stocks are eliminated from the stock portfolio based on selection score ranking, and the remaining stocks are split into a plurality of sub-groups. A stock portfolio is generated by weighting the remaining stocks according to the sub-groups they are in, with each stock being equally weighted within its sub-group. An exchange-traded fund is offered to consumers based on the stock portfolio. | 08-06-2009 |
| 20090198632 | SYSTEMS AND METHODS FOR INVESTMENT PORTFOLIO WITH FRACTIONAL AND VIRTUAL SHARES - Embodiments of the invention include a method for investor directed allocation of funds among a plurality of investments. The method includes allocating an investor's funds among investments according to a predefined allocation plan. An order processing system receives information from a reservoir of investments relating to the investments in the reservoir. An investor's order is executed by using an investment from a reservoir of investment vehicles. The investor's order is also executed by receiving an investment vehicle from a financial marketplace. The investment vehicle is received in response to a request by the order processing system to purchase at least one investment not available in the reservoir. This order execution is done at the time the investor's order for allocating of funds is received. The investment received from the reservoir and the investment purchased from the financial marketplace are combined to execute the investor's order. | 08-06-2009 |
| 20090198633 | INVESTMENT CLASSIFICATION AND TRACKING SYSTEM USING DIAMOND RATINGS - The present invention is directed to an asset classification system based on investment strategy. The system determines a diamond rating for peers within a selected investment strategy. The diamond ratings are based, in one configuration, on a combination of an extent to which a security or manager is outperforming or attempting to outperform a benchmark and how successful the security or manager has been based on historic performance data. | 08-06-2009 |
| 20090198634 | MODELING FINANCIAL INSTRUMENTS USING BID AND ASK PRICES - A method for modeling an investment significant parameter of a financial instrument, using a computer. At least one series of historical bid prices of the financial instrument or historical ask prices of the financial instrument is provided. A financial model type that has at least one variable parameter is selected. The variable parameter(s) of the selected financial model type is initialized. The series of historical bid prices and/or historical ask prices is applied to the initialized financial model type to estimate the variable parameter(s). The resulting model of the financial instrument may be used to predict future values of the investment significant parameter of the financial instrument. These predicted future values may be used to determine whether to perform automated trades of the financial instrument. | 08-06-2009 |
| 20090204548 | METHOD AND SYSTEM FOR EXECUTING TRADES IN A USER PREFERRED SECURITY - A system for executing trades in a user preferred security is disclosed. The system comprises a server system ( | 08-13-2009 |
| 20090204549 | RETIREMENT INCOME OPTION - An option is provided to hedge against the risk of a reduction in retirement benefits or a change in the timing of when such benefits are received. The option may also be used to hedge against reductions in returns from Social Security and retirement savings plans. The option is standardized in that it provides protection against an identifiable set of potential modifications to Social Security retirement benefits and the timing of such benefits as well as reductions in returns from retirement savings plans. At the same time, each option is customized for each purchaser based upon the purchaser's age, income level, investment mix, desired return and other factors. | 08-13-2009 |
| 20090210353 | WEATHER FORECAST SYSTEM AND METHOD - A method and system configured to receive, process, compile, and transmit weather information to selected users is provided. The weather information is generally received from a remote weather information database, processed by at least one real-time data server, and transmitted through a communication module to a plurality of users in accordance with predetermined parameters that may be set by the users themselves. | 08-20-2009 |
| 20090210354 | Real-Time Portfolio Balancing and/or Optimization System and Method - A computer-implemented system and method are described for real-time portfolio balancing and/or optimization of portfolio holdings, preferably in Alternative Trading Systems (ATSs), that reduces execution risk and legging risk. The computer-implemented system and method also incorporate cash constraints to assist in reducing execution risks. A computer-implemented system and method include advantages such as exposure to broad market liquidity throughout the trading day, being dynamic so that a strategy can be adjusted depending on market conditions, the reduction of execution and legging risks, optimal fills, and limited market impact. | 08-20-2009 |
| 20090216684 | PRICE CHARTING SYSTEM AND TECHNIQUE - The invention is directed to a market price charting method for displaying both current and historical price activity in terms of valuation rather than absolute price. The invention allows users to quantify the degree in which a market is overbought or oversold. Results may be displayed electronically or on a hard copy for viewing or used in additional analysis of a market. | 08-27-2009 |
| 20090216685 | Method and platform for facilitating competitive virtual securities trading - A method for providing a trading platform over the Internet or other network that allows users to participate in competitive virtual trading of securities and/or derivatives, wherein the monetary returns of the participants are based on their relative performances. All of the participants must register and deposit monies in an account with the trading platform provider. The platform provider will control the crediting and debiting of each account based on the results of each competition. In a competition, the securities and/or derivatives are traded at market prices, including but not limited to over-the-counter spot prices on different assets such as currencies, indices, commodities, stocks and exchange-traded funds (ETFs), but instead of calculating the returns of the participants according to their absolute results (which means the summation of gains and losses for all the transactions that the participant executed within a period of time), the returns of a participant will be based on the difference between his and his rival's absolute results. | 08-27-2009 |
| 20090240631 | Inventors choice funds (ICF) - Investors Choice Funds (hereafter, ICF) investor shareholders will research, choose then submit to ICF their favorite (or disfavored) publicly traded stocks/companies based on a broad selection process and with the assistance of ICF “search programs.” | 09-24-2009 |
| 20090240632 | METHOD AND APPARATUS FOR MONITORING A BROKERAGE ACCOUNT - The present invention is directed to methods and systems for determining whether brokerage accounts encompassing volatile portfolios maintain sufficient capital reserves under scenarios reflecting a variety of risk factors. The present invention provides methods to concurrently calculate volatility based margining requirements and value at risk. | 09-24-2009 |
| 20090240633 | System and Method for Coalescing Market Data at a Network Device - A network device coalesces data received from an exchange, and provides a user with the opportunity to receive fewer, but up-to-date, data updates from an exchange when duplicate prices become available or a large volume of prices becomes available suddenly. Accordingly, the trader can be assured of receiving non-duplicated prices that are fed at a rate that is cohesive with that trader's connection speed. The present invention is designed to conserve on bandwidth thereby increasing the likelihood that bandwidth will be available to receive desirable market information. | 09-24-2009 |
| 20090248588 | SCANNING BASED SPREADS USING A HEDGE RATIO NON-LINEAR OPTIMIZATION MODEL - The disclosed embodiments utilize hedge ratios to determine the optimal hedge ratio and associated scanning spread. This tells traders what ratios of the quantities of products they should have in their portfolio in order to maintain the status of the portfolios as delta neutral, i.e. be delta hedged, and receive optimal margin credits therefore. | 10-01-2009 |
| 20090248589 | Systems and Methods for Real-time, Dynamic Multi-Dimensional Constraint Analysis of Portfolios of Financial Instruments - An automated method of managing or constructing a portfolio comprising at least one financial instrument defining portfolio attributes, the method using a system comprising a processor, a display and an input device. The method comprises defining at least one objective representing a desired state for the portfolio attributes and defining a set of constraints that are defined in relation to a computable, desired state of portfolio attributes in relation to the at least one objective. A constraints analysis module based upon the set of constraints is generated and provided to the processor. The portfolio is evaluated with the processor using the constraints analysis module and the state of the portfolio attributes based upon the evaluation is displayed. At least one option for altering portfolio attributes in order to more effectively meet the at least one objective is simultaneously displayed. The option is displayed with an interactive user input mechanism that allows for selection of an option and automatic evaluation and display of the state of the portfolio attributes due to selection of the option. | 10-01-2009 |
| 20090254488 | Tax hedging financial instrument and trading platform - In accordance with the principles of the present invention, financial instruments to hedge in future tax rates are provided. The financial instrument comprises a financial contract that obligates a buyer and a seller to settle the financial contract at a price determined for an effective time period such as an effective date. The price of the financial contract is determined based on a tax rate. In a further aspect of the present invention, methods of trading such financial instruments are provided. | 10-08-2009 |
| 20090254489 | APPARATUSES, METHODS AND SYSTEMS FOR A PERIODIC AUCTION RESET SECURITIES OPTIMIZATION ENGINE - The disclosure details of the implementation of an APPARATUSES, METHODS AND SYSTEMS FOR A PERIODIC AUCTION RESET SECURITIES OPTIMIZATION ENGINE (hereinafter “OPTIMIZER”). The disclosure teaches an OPTIMIZER, which provides dynamic management of one or more portfolios of securities, in particular, portfolios of Periodic Auction Reset Securities (PARS). The OPTIMIZER allows for the specification of rules for investor accounts by which optimization of this type of portfolio may occur. The OPTIMIZER allows financial institutions or other wealth management entities to easily maintain and invest in PARS holdings for multiple accounts. In one implementation, the OPTIMIZER provides for the maintenance of a large number of separate accounts that contain only PARS. In one embodiment, the OPTIMIZER centralizes the maintenance of PARS positions. In another embodiment, the OPTIMIZER allows management of central PARS accounts in line with guidelines specified in one or more account profiles. In a further embodiment, the OPTIMIZER may allow sales traders and/or the like to specify additional guidelines. In some embodiments, the OPTIMIZER automates account analysis, trade generation and/or participation in the auction process. As such, the OPTIMIZER may create additional bandwidth for sales traders and increase management efficiency. | 10-08-2009 |
| 20090254490 | Method and apparatus for rebalancing an investment portfolio using a portfolio investment system - A computer based portfolio manager system enables a user to create and manage a portfolio of investments. Users can create multiple sub-portfolios, termed folios, within their overall investment portfolio. Each of these folios can be created by the user or selected from multiple preset folios. One of the possible preset folios includes a manager's recommended folio. This folio is regularly updated, thereby indicating buy and sell recommendations of the manager. A user can balance his or her folio in accordance with the manager's revisions by investing additional capital in some securities and selling others. To prevent undesirable tax effects, a user can move securities from the manager's folio to a holding folio established by the user rather than selling the securities. This enables a user to maintain a folio in the proportions recommended by the manager. The system also enables the folio to be continually rebalanced, while avoiding undesirable tax effects. | 10-08-2009 |
| 20090254491 | STOCHASTIC CONTROL SYSTEM AND METHOD FOR MULTI-PERIOD CONSUMPTION - The present invention relates to dynamic optimization of system control over time. The need for dynamic optimization arises in many settings, as diverse as solar car power consumption during a multi-day race and retirement portfolio management. We disclose a reformulation of the control problem that overcomes the so-called “curse of dimensionality” and allows formulation of optimal control policies multiple period planning horizons. One optimal control policy is for power consumption by a solar car during a race, which involves many course segments, as course conditions vary through a day. Another is for risk in and consumption from a portfolio intended to support retirement. Both multi-period control policies take into account future uncertainty. Particular aspects of the present invention are described in the claims, specification and drawings. | 10-08-2009 |
| 20090259596 | Automated Risk Monitoring Method and System - The invention relates to an automated risk monitoring method and a corresponding risk monitoring system for automated risk monitoring, in the case of which control data for different companies are transferred to a monitoring unit and evaluated, a company specific asset distribution and a corresponding threshold value being determined, said threshold value corresponding to the expected value of the asset parameter for the occurrence of the insolvency of a company, recovery rate factors being determined by means of a standardization module of the monitoring unit, and wherein, using a MonteCarlo module of the monitoring unit ( | 10-15-2009 |
| 20090259597 | Method and apparatus for portfolio trading using margin - An automated portfolio manager system enables an investor or portfolio manager to quickly adjust the underlying risk of the entire portfolio without modifying the underlying investments in the portfolio. A user interface enables the user to adjust the risk (e.g., beta) of a portfolio of investments without adding or deleting investments from the portfolio by purchasing more or less of the entire portfolio on margin, thereby increasing or decreasing the riskiness of the portfolio. A predetermined portfolio of investments is provided to all investors. Each investor's desired risk/reward characteristic for his or her portfolio is accommodated by determining an appropriate amount of the predetermined portfolio to purchase on margin or an appropriate amount of the user's funds to place in cash reserves (or other less risky investment) to modify an actual risk/reward characteristic of the portfolio so that it matches the investor's desired risk/reward characteristic without changing the underlying investments. Moreover, this modification can be accomplished by interacting with the user in a simple manner, e.g., via a graphical user interface, that helps the user select a particular risk/reward characteristic, which is then used to calculate the above required values. Furthermore, the complexities of purchasing on margin and determining the appropriate cash reserves are hidden from the user, thereby enabling the user to focus on the portfolio characteristics rather than the trading exigencies. | 10-15-2009 |
| 20090259598 | GRAPHICAL DISPLAY OF MARKET DEPTH IN AN ORDER BOOK - Consolidated order book and market depth information from multiple fragmented markets is presented on a display. The display provides a graphical representation of market depth and price points, balance, liquidity and volume-weighted average price for tradeable objects. | 10-15-2009 |
| 20090259599 | METHOD AND APPARATUS FOR ANALYZING INDIVIDUAL AND COMPARATIVE RETURNS ON ASSETS - A computer implementable graphical method and apparatus for presenting historical returns of one or more assets, liabilities, and/or indices is disclosed. A computer can plot an historical returns (in percentages) versus historical time for one or more user selectable assets, liabilities, or indices. Each historical return can be obtained by subtracting an historical price from a current price, and dividing the result by the historical price to obtain a ratio, which is multiplied by 100 percent. Alternatively, the historical return can be obtained by applying the described technique to a moving average historical price. | 10-15-2009 |
| 20090259600 | METHOD AND APPARATUS FOR AUTOMATED TRADING OF EQUITY SECURITIES USING A REAL TIME DATA ANALYSIS - A system and method for buying and selling securities based on volatility and liquidity rather than other fundamentals is demonstrated. The method involves: providing at least one decision model to buy and sell a security; inputting real-time data into the decision model; and automatically generating an order and executing transactions to buy and sell the security based in response to the decision model. The method continues in buying and selling the security based in response to decision model until the method is stopped. | 10-15-2009 |
| 20090265281 | Account Portfolio Risk Characterization - Input characterizing one or more economic indicators and a portfolio of accounts can be used to estimate a portfolio level effect of the economic indicators on the portfolio of accounts is estimated. Based on this estimation, an account level effect of the economic indicators is simulated for each of the accounts. The overall affect of the simulated account level effects approximates the portfolio level effect. Simulated account level effects can thereafter be aggregated in order to characterize future risk for the portfolio of accounts. Related apparatus, systems, techniques and articles are also described. | 10-22-2009 |
| 20090265282 | SYSTEM AND METHOD FOR MANAGING TRADING ORDERS WITH DECAYING RESERVES - A system comprises a memory operable to store a trading order for a particular quantity of a trading product, wherein a first portion of the particular quantity is a displayed quantity and a second portion of the particular quantity is a reserved quantity. The system further comprises a processor communicatively coupled to the memory and operable to disclose the displayed quantity to one or more market centers. The processor is further operable to identify a decay rate associated with the trading order. The processor is further operable to cause the reserved quantity to decay based at least in part on the identified decay rate. | 10-22-2009 |
| 20090265283 | Systems and Methods for Ranking Investors and Rating Investment Positions - Systems and methods for rating a plurality of investment positions are described. The rating comprises identifying a set of investors corresponding to each investment position of a plurality of investment positions. An investor is one who owns the investment position. The rating comprises, for each set of investors, generating a rank score for each investor, the rank score categorizing the investors for a time period of a plurality of time periods. The rating comprises, for each set of investors, generating an average rank score for the period of time. The rating comprises, for each set of investors, generating a trailing rank score by averaging the rank scores across the plurality of periods of time. The rating comprises generating a stock rating score for each investment position by combining the average rank score and the trailing rank score of the set of investors corresponding to the investment position. | 10-22-2009 |
| 20090265284 | NETTING AND POSITION MATCHING FOR PORTFOLIO COMPRESSION - A netting method replaces a set of trades between a pair of counterparties. The method includes a selection of multiple trades having equivalent terms and a determination of the net notional and net coupon. Replacement trades are created, the combined net notional and combined net coupon of which respectively equal the net notional and net coupon of the multiple trades being replaced. A position matching method is implemented for portfolio compression. An implied spread is calculated for each position of a portfolio. Positions with an implied spread outside of desired bounds are corrected. A buyer and a seller are selected, the buyer having the position with the highest implied spread value of all net long and the seller of all net short protection positions. The created trade has a notional equal to the smaller of the net default exposure and a spread of the implied spread with a smaller position. | 10-22-2009 |
| 20090265285 | APPARATUS, METHOD, AND COMPUTER PROGRAM PRODUCT FOR CHARACTERIZING USER-DEFINED AREAS - A method of specifying a boundary for an area is provided, which includes receiving a first input from a first user regarding a first configuration of a boundary of an area. The first input may serve to establish an area of arbitrary and possibly irregular configuration, such as an area that is apolitical or otherwise legally undetermined. A second input may be received from a second user regarding a second boundary configuration. The second input may serve to modify the boundary of an area established by the first input. A particular configuration of the boundary based at least partially on the first and second inputs can then be determined. For example, the particular configuration of the boundary may be determined, in part, by spatially averaging the first and second configurations. In some embodiments, demographic data for an area defined by the particular configuration of the boundary may be compiled. | 10-22-2009 |
| 20090271325 | TRADING SYSTEM AND METHOD - A system for managing risk in a trading environment, the system comprising at least one trading portfolio, wherein the trading portfolio comprises a plurality of trading elements and wherein the system further comprises: means for obtaining data relating to trading elements in the trading environment; means for calculating the value of a risk factor for the trading portfolio based on the data received for the trading elements in the trading portfolio; and means for receiving an order for the trading portfolio, wherein the order specifies a trading element; and means for calculating an expected value of the risk factor for the trading portfolio based on the data received for the trading elements in the trading portfolio and the data received for the trading element specified in the order. | 10-29-2009 |
| 20090271326 | RETIREMENT FUND AND METHOD FOR GENERATING INCREASE REVENUE STREAM - A retirement fund and method for operating to produce an ever increasing revenue stream to a group of investor participants who are selected statistically based on the longevity into a pool of investors. An investment partnership is created with the selected investor participants. A financial portfolio is created from monies from each investor. The money is used to purchase high quality securities that generate income for the investment partnership. As each year of the investment partnership passes, the surviving members of the investment partnership are entitled to receive the revenue generated from the portfolio which statistically will increase yearly for the living members that survive. The investment partnership can purchase term life insurance on each investor participant used to pay back the initial investor participant who becomes deceased during the term of the investment partnership so that each investor or his estate receives his initial investment back. Upon termination at the end of a fixed period of the investment partnership, any remaining assets will be distributed pro rata among the living remaining members of the investment partnership. | 10-29-2009 |
| 20090271327 | PAYMENT PORTFOLIO OPTIMIZATION - A method and system of payment portfolio optimization that retrieves a plurality of consumer segments of a consumer portfolio from a diagnostics module where the consumer segments have potentially profitable opportunities. The method and system also develop a propensity model on a computer based on at least one performance metric, determine a likelihood from the propensity model that consumers in each of the plurality of consumer segments will perform favorably. The method and system also selects a set of consumer segments from the plurality of consumer segments based on the determined likelihood and designs a plurality of marketing treatments for the selected set of consumer segments. | 10-29-2009 |
| 20090271328 | Securitized Commodity Participation Certifices Securitized by Physically Settled Option Contracts - Techniques are described for securitizing, administering and trading various derivative shares securitized by derivative, physically-settled instruments on underlying assets that is, physical commodities. | 10-29-2009 |
| 20090271329 | UTILITY MANAGEMENT SYSTEM - A utility management system is provided that makes it possible for an Internet user to more easily know the status of his/her own utility usage in realtime. An AMR (Automated Meter Reader) system and ISP (Internet Service Provider) include means for sending digital data that indicates the status of utility usage from the AMR system to the ISP in realtime; and the ISP includes means for converting the digital data to content information, and means for the Internet user to log into the ISP and obtain the content information, so the subscriber is able to know the status of his/her own utility usage in realtime. | 10-29-2009 |
| 20090271330 | SYSTEM AND METHOD FOR PROVIDING THE EXECUTION PROBABILITY OF A LIMIT ORDER - A system, method and computer program product are described for providing the execution probability of a limit order within a given time period based on historical and current information and for adaptively and dynamically adjusting to intra-day trade data. For a given financial interest, the frequency of trade execution, the time evolution of the price, the time evolution of the trade volume, and the current state of the market, among other parameters, are captured and/or calculated. A probability function is generated based on the parameters corresponding to various time spans, and the execution probability of a limit order within a given time period is provided. Embodiments of the invention can be employed to estimate the probability of a limit order being executed within a given time period in the future, e.g., the next two minutes, based on the parameter data of a given time period in the past, e.g., the previous five minutes. | 10-29-2009 |
| 20090271331 | Systems and methods for providing a combination financial product - The present invention relates to systems and methods for administering combination annuity products and to combination annuity products themselves. Certain embodiments of the invention can be used in connection with variable universal life insurance and variable life insurance contracts. | 10-29-2009 |
| 20090271332 | COMPUTER SYSTEM AND METHOD FOR GENERATING AND MAINTAINING A FINANCIAL BENCHMARK - A method for generating and maintaining a benchmark using a long/short investment strategy is disclosed herein. The method for generating and maintaining a benchmark using a long/short investment strategy may involve generating a benchmark by selecting a group of securities from a broad-base index; evaluating the securities included in a benchmark; and monthly rebalancing the benchmark using a long/short investment strategy. The method may also include determining the value of the index and publishing the value of the index as a benchmark for long/short investment portfolios. The value of the index may be determined periodically, daily, dynamically, or every 15 seconds. The securities included in the broad-base index may form a universe of eligible securities and be ranked monthly using the 10 Credit Suisse factors. Also disclosed herein are a method for generating and managing a passive long/short investment portfolio that closely correlates with a passive long/short benchmark, and a method of using a passive long/short benchmark to rebalance a portfolio. Also, a computer system for generating or maintaining a passive long/short benchmark, a computer program for generating or maintaining a passive long/short benchmark, a computer-readable medium storing a program configured to generate or maintain a passive long/short benchmark, and methods of using the same are disclosed herein. | 10-29-2009 |
| 20090271333 | Method and System for Transactions Involving a Mortgage Product That is Backed by a Mortgaged Property and Additional Financial Instruments - A method and system for creating and transacting a mortgage product that is backed by a mortgaged property and additional financial instruments. The mortgage product requires the determination of the value of a property to be purchased to be associated with an index for real estate in a region where the property is located, purchasing at least one put option contract on the index, and combining the contract with a loan to form the mortgage product. If there is a decrease in the index, the contract can be exercised so as to protect both mortgagor and mortgagee. | 10-29-2009 |
| 20090271334 | SYSTEM AND METHOD FOR PROVIDING MORTALITY RATE INFORMATION AND EMPLOYING IT FOR STRUCTURING AND ANALYSIS OF FINANCIAL INSTRUMENTS - The invention provides methods of extrapolating at least one future mortality rate by calculating a current year mortality rate for a particular age cohort, and applying a series of improvement factors to the current year mortality rate. The invention further provides methods of structuring a derivative financial instrument by providing projected going-forward mortality rates reflective of a degree of improvement in mortality rate experience for particular age cohorts for a particular future period, and defining settlement parameters wherein a value recognized by an investor in said instrument at the time of settlement relates at least in part to the correlation between said projected mortality rate and actually-incurred mortality rate for the age cohort during at least a portion of the period. | 10-29-2009 |
| 20090276365 | ORDER MANAGEMENT SYSTEM AND METHOD - The invention relates to a trading system in which an order is received, the order including a predetermined condition. The system determines the data required to fulfil the conditions associated with the order and data is obtained from an external source. The data is monitored to determine whether the predetermined conditions are fulfilled and the order is placed on the exchange if the conditions are fulfilled. The he order is displayed at the trading interface as a single filled or unfilled order. | 11-05-2009 |
| 20090276366 | ADVISORY THRESHOLDS AND ALERTS FOR MANAGING POSITION CONCENTRATION RISK - Management of a position concentration risk of an account includes the establishment of a threshold level for an aggregate trader position. The aggregate trader position may be associated with one or more customer accounts that are managed by one or more clearing firms. An actual parameter value associated with each of the customer accounts is aggregated to determine an aggregate parameter value, which is compared against the established threshold value. If, based on the comparison between the aggregate parameter value and the established threshold value, it is determined that the aggregate parameter value meets or exceeds the established threshold value, an advisory alert is generated, which may be automatic. The advisory alert is then communicated or otherwise provided to one or more authorized entities. | 11-05-2009 |
| 20090276367 | METHOD AND SYSTEM FOR PROVIDING RISK MANAGEMENT FOR MULTI-MARKET ELECTRONIC TRADING - A method and system for providing risk management for multi-market electronic trading. The method and system allow risk associated with one or more trading accounts for an electronic trader in multi-market electronic trading to be analyzed and managed in real-time. The method and system includes graphical display of risk assessments for plural traders. The risk assessment includes a set of risk parameters with current risk parameters and historical risk parameters and provides an integrated view of current and historical trading activities and trading resources of the electronic trader across all electronic trading exchanges the electronic trader is trading on (e.g. Chicago Board of Trade (CBOT), New York Stock Exchange (NYSE), NASDAQ, Tokyo Stock Exchange (TSE), London International Financial and Futures Options Exchange (LIFFE), etc.). | 11-05-2009 |
| 20090276368 | SYSTEMS AND METHODS FOR PROVIDING PERSONALIZED RECOMMENDATIONS OF PRODUCTS AND SERVICES BASED ON EXPLICIT AND IMPLICIT USER DATA AND FEEDBACK - The present describes systems and methods to support personal financial management by recommending financial products and services responsive to a user's particular financial health or situation based on explicit and implicit user data and feedback. | 11-05-2009 |
| 20090276369 | SYSTEM AND METHOD FOR BENEFIT CONVERSION - Described are systems and methods converting a first guaranteed benefit to a second guaranteed benefit. The system may include a first computing arrangement storing first annuity data indicative of a first guaranteed benefit associated with an annuity, and a second computing arrangement sending a request to the first computing arrangement to convert the first guaranteed benefit to a second guaranteed benefit. Upon receipt of the message, the first computing arrangement may store second annuity data indicative of the second guaranteed benefit associated with the annuity. | 11-05-2009 |
| 20090276370 | COMPUTER SYSTEM ARCHITECTURE AND COMPUTER IMPLEMENTED METHODS FOR ENHANCED CUSTODY AND PRINCIPAL LENDING OF SECURITIES - A computer system executes a principal lending to lend the securities from lending accounts of an entity to borrowing accounts of the entity, in which the entity acts as a principal. The system includes a computer database storing securities availability information indicating availability of the securities available for borrowing from lending accounts of the entity, and a computer server system implemented by a principal lending computer system. The principal lending computer system configured to receive a short sale indication of a security for a borrowing account, electronically transmit a first transfer instruction to a custody-control computer system to transfer custody of the shorted security from at least one lending account to the principal, and electronically transmit a second transfer instruction to the custody-control computer system to transfer custody of the shorted security from the principal to the borrowing account. A computer implemented method and various alternative embodiments are also disclosed. | 11-05-2009 |
| 20090276371 | Program for alternative funding of employee and retiree benefits - An investment program for funding benefits by maintaining assets in the investment program that includes an employer owned trust account and at least one life, disability, health or annuity contract (including a terminal annuity) obtained directly or indirectly from a partially or wholly owned or non-owned captive insurance company. The insurance contract is purchased with assets from the trust account and the partially or wholly owned or non-owned captive insurance company is a least partially, wholly or non-owned by the employer. When paying or reimbursing benefits, the employer or the trust may pay the benefit and if the employer pays the benefit, the trust may reimburse the employer. | 11-05-2009 |
| 20090276372 | METHOD AND APPARATUS FOR ENABLING INDIVIDUAL OR SMALLER INVESTORS OR OTHERS TO CREATE AND MANAGE A PORTFOLIO OF SECURITIES OR OTHER ASSETS OR LIABILITIES ON A COST EFFECTIVE BASIS - Smaller investors can create and manage on a cost-effective basis a complex portfolio of securities using a mechanism that enables the investor to provide to the system the investor's preferences regarding his portfolio, to generate a portfolio, including fractional shares, that reflects the investor's preferences. The system then permits aggregation of the orders, and netting of orders, generated by multiple investors at various times during the day for execution. In addition, the structure of the computer-based system of the present invention allows its cost to be based on access to or usage of the system (such as a monthly fee) as opposed to by securities orders entered into the system as per common brokerage. The result is that the investor can create a portfolio of directly owned securities with attributes, such as diversification, similar to a mutual fund. | 11-05-2009 |
| 20090276373 | METHOD AND SYSTEM FOR PROVIDING ELECTRONIC INFORMATION FOR RISK ASSESEMENT AND MANAGEMENT FOR MULTI-MARKET ELECTRONIC TRADING - A method and system for providing real-time electronic information for risk assessment and management for multi-market electronic trading. The method and system dramatically improve an infrastructure used by electronic traders over a communications network by separating one or more data streams from one or more trading exchange with plural different types of electronic trading information into plural separate data streams that can be selectively used on a target device. The plural separate data streams and can be requested, displayed and used faster and more efficiently than an entire data stream including all the multiple types of electronic trading information for real-time risk assessment and management. | 11-05-2009 |
| 20090281956 | METHOD AND SYSTEM FOR ENTERPRISE PORTFOLIO OPTIMIZATION - A portfolio generating system includes a portfolio optimizing unit configured to generate an optimized portfolio. | 11-12-2009 |
| 20090281957 | Sovereign Debt Fund - The current invention is a system, method and program product that solves the problems involved with investing in third World debt could be resolved by pledging these assets as contingent capital in a method similar to GFTIU. The proposition could be further enhanced by the establishment of a Sovereign Debt Fund (SDF). The proposition is further enhanced by the establishment of a Sovereign Debt Fund (SDF), which could employ several further methods that would further benefit both the holders of the debt and Governments involved. | 11-12-2009 |
| 20090281958 | BENCHMARK AND EVALUATION OF REFERENCE-DATE DEPENDENT INVESTMENTS - A system and method of automatically benchmarking and evaluating individual reference-date dependent investments and families of such investments using their historic returns performance is provided. A Glide Path Style Analysis creates a custom replication strategy that is a reference date dependent trajectory of portfolio allocations for any family of target date investments using reference benchmarks for the behavior attribution. The GPSA uses periodic RBSA to create estimate history of appropriately dated portfolio style allocations for each member from a family of TDF. | 11-12-2009 |
| 20090281959 | PERSONALIZED FINANCIAL ILLUSTRATION, GUIDANCE AND ADVISORY SYSTEM FOR REFERENCE-DATE DEPENDENT INVESTMENTS - A system and method is provided to generate personalized savings recommendation and/or needed assignments of reference-date dependent investments. Recommendations and assignments are based on differences between a investor profile and an ideal representative that was used to construct the investments. The system provides a configurable increasing level of financial service based on a Methodology Publisher's configuration for reference date based investments. A forecast simulation system is provided for each investor with various optimizers by the Methodologically Publisher to provide various level of financial services and portfolio recommendations for reference date dependent investments. Reports may be provided to investors illustrating progress toward goals and highlighting distribution of potential risky outcomes. An online inter-active mode may allow an investor to provide further profile information and customize a solution to their needs. | 11-12-2009 |
| 20090281960 | SYSTEM AND METHOD USING SECURITIES ISSUANCE FOR RISK TRANSFERENCE - Disclosed herein is a system and method for eliminating or transferring the non-economic risk of financial securities. The system and method serves to avoid non-economic losses in the first instance, and to counter the adverse capital impact of prior non-economic gap losses by providing capital relief consistent with a determined protected amount. An investor purchases from a financial institution a number of shares whose principal repayment at redemption is contingent upon the maturity proceeds of a designated fixed income securities (FIS) Portfolio. If the aggregate principal payment of the FIS Portfolio is less than a stipulated value, the shares are redeemed for less than the original purchase price. Otherwise the financial institution will repay the full principal amount of the shares at the stated redemption date. To secure the obligation to repay share principal, the financial institution pledges security that is invested in securities that are held in trust and margined periodically. | 11-12-2009 |
| 20090281961 | SYSTEM AND METHOD USING CONTRACT FOR RISK TRANSFERENCE - Disclosed herein is a system and method for eliminating or transferring the non-economic risk of financial securities. The system and method serves to avoid non-economic losses in the first instance, and to counter the adverse capital impact of prior non-economic gap losses by providing capital relief consistent with a determined protected amount. A client sells to an investor its rights to payments from a fixed income securities (FIS) Portfolio that exceed an agreed threshold, or protection value. The investor purchases the rights to the payments from the client for an amount substantially equal to the difference between the protection value and a higher threshold, or implied value. The client and investor agree to a profit sharing arrangement for FIS Portfolio payments over the implied value. As security for the client's obligation to deliver either the FIS Portfolio or its proceeds to the investor after the FIS Portfolio returns reach the protection value, the client pledges the FIS Portfolio or other agreed upon assets, or some combination thereof. | 11-12-2009 |
| 20090281962 | SYSTEM AND METHOD USING ASSET SALE AND LOAN FOR RISK TRANSFERENCE - Disclosed herein is a system and method for eliminating or transferring the non-economic risk of financial securities. The system and method serves to avoid non-economic losses in the first instance, and to counter the adverse capital impact of prior non-economic gap losses by providing capital relief consistent with a determined protected amount. A client makes a non-recourse loan to a provider. In return, the provider agrees to purchase a fixed income security (FIS) Portfolio from the client for an purchase price greater than the amount of the loan. If the aggregate principal payments (APP) of the FIS Portfolio exceed the purchase price, the parties engage in profit sharing of the APP over the purchase price. If the final market value of the FIS Portfolio is below the purchase price and above the loan amount, the losses are absorbed by the provider. In a broader implementation of the program, the client makes a revolving term loan to the provider, which over time the provider uses to acquire assets from the client to be used as collateral for the loan. | 11-12-2009 |
| 20090281963 | Fair Value Model Based System, Method, and Computer Program Product for Valuing Foreign-Based Securities in a Mutual Fund - A system and method for determining fair value prices of financial securities of international markets includes steps of selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and storing each calculated return factor coefficient in a data file. | 11-12-2009 |
| 20090281964 | ADJUSTABLE DERIVATIVE SECURITIES AND METHOD FOR ADJUSTING THE VALUE OF SAME DUE TO A CORPORATE EVENT - The present invention relates to an adjustable equity derivative and method for allocating distributions amongst different adjustable derivative components of a security upon a corporate event effecting the underlying equity in a manner that factor in the time value of money. The present invention uses the concepts of present and future values with respect to valuing equity derivatives in order to more fairly and accurately represent the interests of the various holders of such adjustable components upon the occurrence of a corporate event affecting the value of the adjustable equity derivatives. | 11-12-2009 |
| 20090287611 | Investment portfolio analysis system, dynamic link index computing module of financial asset, and method thereof - The present invention discloses an investment portfolio analysis system, a dynamic link index computing module of a financial asset and a method thereof. The system is characterized by calculating the dynamic link index with an investment portfolio associating at least two benchmark assets, so that users can evaluate that the investment portfolio's profitability, price drop resistance and linkage of different types of benchmark assets under different economic conditions. The investment portfolio preferably comprises a fund, a stock, a commodity, a foreign exchange, a bond, an option or a shareshares warrant. The benchmark asset preferably comprises a global stock market index, a global bond index, a global commodity index, a global real estate index and a weighted average index of any combination of global currencies. | 11-19-2009 |
| 20090287612 | Financial activity based on natural weather events - A financial activity network includes a central managing system connected to a plurality of participant terminals. Rules governing operation of the financial activity are stored for future reference. A participant provides investment information such as a map location for the predicted strike by the natural event and, optionally, one or more secondary parameters relating to the natural event, such as the time interval between the time of investment and the time of all event strike and/or the severity of the event strike according to an established scale. In one example, an external objective independent information source is consulted, with the external objective independent information source providing monitoring, interpretation and derived determination of parameters pertaining to the natural event. Methods and articles of manufacture are also disclosed. | 11-19-2009 |
| 20090287613 | AUTOMATED ACTIONS BASED ON RESTRICTIONS - A technique for resolving a violation of an investment account restriction is provided. The restriction is associated with the holding of one or more securities in an investment account. A restriction definition and an associated resolution rule are stored in a data repository. A received order to perform an investment account management action is processed to determine that performance of the action violates the stored restriction definition. The associated resolution rule is then retrieved based upon the determination and then executed. Indications of the determined violation and of the executed resolution rule are stored in the data repository. | 11-19-2009 |
| 20090292648 | DIVERSIFICATION MEASUREMENT AND ANALYSIS SYSTEM - This disclosure details methods for measuring and analyzing diversification of portfolio of assets. A dimension is a logical and quantitative means to measure diversification. As the number of dimensions increases so does diversification. Strong asset correlations among each other detract from the notion of independence. A positive correlation increases risks and is therefore undesirable. Assets are embedded into a high dimensional Euclidean vector space. The entire portfolio is interpreted as a set of points whose ambient dimension is the number of assets in the portfolio. The Karhunen-Loève expansion is used to quantify the KL dimension of the geometric object induced by a portfolio. The associated dimension is taken as the measure of diversification accounts for both the number of assets and the commonality within them. This ensures that measuring diversification as a dimension accounts for the complete diversification affect of the portfolio and is thus a valuable portfolio management tool. | 11-26-2009 |
| 20090292649 | DEVICE, SYSTEM AND METHOD OF AUTOMATIC FINANCIAL-INSTRUMENT MANAGEMENT - Devices, systems, and methods of automatic Financial-Instrument (FI) management. In some embodiments, a system includes, a memory having stored thereon financial-instrument-based (FI-based) management instructions; and a processor to execute the FI-based management instructions resulting in a FI-based management application, wherein the FI-based management application may receive portfolio data corresponding to a plurality of financial-instrument portfolios associated with a plurality of clients, wherein the FI-based management application may automatically identify one or more portfolios of the plurality of portfolios satisfying at least one criterion, wherein, for each identified portfolio, the FI-based management application may receive client-specific management data corresponding to a client associated with the identified portfolio, wherein the client-specific management data includes at least client-specific destination information defining at least one destination, and wherein, for each identified portfolio, the FI-based management application may automatically communicate portfolio-related data corresponding to the identified portfolio to the destination defined by the management data. | 11-26-2009 |
| 20090292650 | System and Method for Analyzing and Displaying Security Trade Transactions - A system and methods for processing and charting security exchange trading and market information shows security traders if current transactions originated as buy orders or sell orders, and simultaneously indicates traded quantity. Security exchange trading information is received that includes the price, volume and time of each trade. In addition, security exchange market information is received from buyers, specifying bide prices and quantities, and from sellers, specifying asking prices and quantities. The security exchange trading and market information is processed simultaneously and displayed as a continuously updated real-time chart depicting the exchange auction process whereby buyers and sellers agree to trade at specified prices, including details of individual transactions. The chart is formed by plotting each trade at the price traded, and for each plot point shows a distinctive icon indication whether the transaction was initiated by a buyer or seller. | 11-26-2009 |
| 20090292651 | System and Method for Analyzing and Displaying Security Trade Transactions - A system and methods for processing and charting security exchange trading and market information shows security traders if current transactions originated as buy orders or sell orders, and simultaneously indicates traded quantity. Security exchange trading information is received that includes the price, volume and time of each trade. In addition, security exchange market information is received from buyers, specifying bide prices and quantities, and from sellers, specifying asking prices and quantities. The security exchange trading and market information is processed simultaneously and displayed as a continuously updated real-time chart depicting the exchange auction process whereby buyers and sellers agree to trade at specified prices, including details of individual transactions. The chart is formed by plotting each trade at the price traded, and for each plot point shows a distinctive icon indication whether the transaction was initiated by a buyer or seller. | 11-26-2009 |
| 20090292652 | System and Method for Analyzing and Displaying Security Trade Transactions - A system and methods for processing and charting security exchange trading and market information shows security traders if current transactions originated as buy orders or sell orders, and simultaneously indicates traded quantity. Security exchange trading information is received that includes the price, volume and time of each trade. In addition, security exchange market information is received from buyers, specifying bide prices and quantities, and from sellers, specifying asking prices and quantities. The security exchange trading and market information is processed simultaneously and displayed as a continuously updated real-time chart depicting the exchange auction process whereby buyers and sellers agree to trade at specified prices, including details of individual transactions. The chart is formed by plotting each trade at the price traded, and for each plot point shows a distinctive icon indication whether the transaction was initiated by a buyer or seller. | 11-26-2009 |
| 20090299908 | Exchange traded fund trading system - Computerized trading system adapted to handle trading of Exchange Traded Funds (ETFs), where each ETF comprises portfolio securities represented by portfolio security data entities stored in a portfolio trading database, the system further comprises a control device connected to, and controlling, said portfolio trading database, at least one market participant input device, and a fund manager input device both being connectable to the control device. Each input device being connected to a display device provided with a graphical user interface, wherein the market participant input device(s) is/are adapted to receive transaction orders from market participants and to transfer said orders in the form of transaction signals to said control device that initiates and performs said transactions. The portfolio security data entities are divided into disclosed portfolio data entities being accessible via the at least one market participant graphical user interface, and non-disclosed data entities only being accessible via the fund manager graphical user interface, wherein the relationship, denoted as the portfolio disclosure ratio (PDR), between the disclosed portfolio data entities and the portfolio security data entities, is in the range of 60-90%. The control device comprises a disclosure filtering means controlled via input signals from the fund manager input device to determine which portfolio data entities to be disclosed portfolio data entities, and which portfolio data entities to be non-disclosed data entities. | 12-03-2009 |
| 20090299909 | System and method for comprehensive management of company equity structuresand related company documents with financial and human resource systemintegration - A system comprises business logic operable for managing and administering company entities, records, documents, equity instruments, and stakeholders, a database storing data associated with the business logic, integration logic operable to integrate the business logic and its associated data with existing enterprise systems and data associated therewith, and a graphical user interface presenting a hierarchical tree view of the company entities, records, documents, equity instruments, and stakeholders. | 12-03-2009 |
| 20090299910 | SYSTEM AND METHOD FOR AUTOMATIC DEFEASANCE OF A BASE PORTFOLIO OF CREDIT DEFAULT SWAPS - A computer-implemented method for automatic defeasance of a base portfolio of credit default swaps, the base portfolio being held between a first counterpart and a second counterpart, including the steps of: receiving at a portfolio database trade data related to the base portfolio; identifying from the trade data at a matching engine trades that have at least one of matching core attributes and matching trade characteristics so as to compile the base portfolio; grouping at a sub-portfolio generator the identified trades into sub-portfolios; determining at a spread value engine a set of allowable spread values for each sub-portfolio; and for each sub-portfolio, generating at a defeasance portfolio engine a defeasance portfolio of credit default swaps comprising at the most two trades, each of the two trades having a spread value selected from the determined set of allowable spread values so that the defeasance portfolio replicates the base portfolio and minimizes gross notional of the defeasance portfolio. | 12-03-2009 |
| 20090299911 | Computer-Implemented Systems And Methods For Loan Evaluation Using A Credit Assessment Framework - Systems and methods are provided for evaluating loan applications. A computer environment can include a loan evaluation system which operates on a processor-based system and which evaluates loan applications. A credit assessment framework is also provided for operating on the processor-based system and has a data connection to the loan evaluation system. The credit assessment framework generates a categorization of credit risk for each of the loan applications to be evaluated. | 12-03-2009 |
| 20090299912 | COMMERCIAL INVESTMENT ANALYSIS - A technique for performing commercial venture analysis involves establishing an empirically-derived structure and evaluating companies using analytical techniques within that structure. The technique may involve defining jobs, or goals a customer is attempting to reach, with dozens or even hundreds of outcomes. Ideally, the structure and tools facilitate analysis that would not be possible otherwise. Moreover, the nature of the system enables real-time input for changing conditions and the ability to calculate returns for new markets in which products or services do not exist. | 12-03-2009 |
| 20090299913 | FINANCIAL SYSTEM THAT PROVIDES INVESTMENT FUNDS AND A DEATH BENEFIT - A method and system is disclosed for managing funds within separate accounts. The invention permits a distributor to market and an investor to purchase a single product that combines the benefits of a family of funds with the protection element of a death benefit or living benefit. To create the product, a legal entity issues an instrument typically stock comprised of a common stock and a preference stock having beneficial rights. The holder of a beneficial right controls the investment allocations over funds within separate accounts. The value of the preferred shares will be based on the value of underlying shares invested in separate account funds. The separate accounts are not available to satisfy the company's general or common stock obligations. | 12-03-2009 |
| 20090299914 | Publish and Subscribe System Including Buffer - Systems and methods for delivering a plurality of trading data messages to a server in connection with the monitoring the trading of financial instruments are provided. A listener subscribes to a subset of the plurality of trading data messages generated by market participants or components within the trading platform. A buffer receives the subset of the plurality of trading data messages and stores the subset of the plurality of trading data messages. A server, such as a live alerts server, receives the subset of the plurality of trading data messages stored from the buffer and analyzes the subset of the plurality of trading data. | 12-03-2009 |
| 20090299915 | METHOD AND SYSTEM FOR RECONCILING EQUITY HEDGE FUNDS - A method and system for tracking the compliance of a portfolio account used to finance benefit obligations containing a plurality of assets distributed among at least one fund category, containing at least one investment vehicle such as cash, stocks, bonds, insurance policies, is disclosed. The method monitors the balance of assets included in selected investment vehicles, e.g., stocks, equities and relates them to new or modified liability allocations. The method identifies a liability balance associated with selected ones of the investment vehicles within each of the fund categories, identifies an asset balance associated with the value of equities in the account and divests a portion of selected investment vehicles when the asset balance is in violation of a known regulation with regard to the liability balance. The method further provides an indication for reporting when the asset balance is within the known relation to the liability balance as required by appropriate regulations. | 12-03-2009 |
| 20090299916 | SYSTEM AND METHOD FOR USING DIVERSIFICATION SPREADING FOR RISK OFFSET - A computer-implemented method for analyzing a risk offset associated with a portfolio including a plurality of products traded on an exchange is disclosed. The method includes analyzing, by a processor, a first product in a portfolio, wherein the first product has a first market response in response to market data, analyzing, by a processor, a second product in a portfolio, wherein the second product has a second market response in response to the market data, determining, by a processor, a diversification spread, the diversification spread representative of an offsetting effect between the first product and the second product, wherein the offsetting effect results from the first market response being substantially different than the second market response in response to similar market data, determining, by the processor, a diversification spread credit based on the diversification spread of the plurality of products, and adjusting, by the processor, a margin requirement for the portfolio based on the diversification spread credit. | 12-03-2009 |
| 20090307146 | METHODS AND SYSTEMS FOR ASSESSING UNDERWRITING AND DISTRIBUTION RISKS ASSOCIATED WITH SUBORDINATE DEBT - A method for assessing underwriting and distribution risks associated with a portfolio of subordinate debt is provided. The method is performed using a computer system coupled to a database. The method includes storing in the database historical bond issue data for a period of time preceding and proceeding at least one historical liquidity event and generating a plurality of simulated subordinate debt warehouses using the computer and the historical bond issue data stored in the database. The method also includes calculating a historical loss distribution based on the plurality of simulated subordinate debt warehouses generated. The method also includes determining a value at risk for a portfolio of subordinate debt resulting from a potential liquidity event by applying the historical loss distribution to the portfolio of subordinate debt. | 12-10-2009 |
| 20090307147 | INVESTMENT PORTFOLIO ALLOCATION - A method and a system of allocating a lump sum of money for to continue asset growth while at the same time providing income with some asset preservation are disclosed. The method includes determining an amount for investing and an income to be periodically distributed over a given time period. Each periodic income distribution corresponds to a pool having a lifetime and bearing a projected rate of return over the pool's lifetime. The method also includes apportioning the amount into at least two sub-amounts assigned to at least two different pools such that each pool prospectively yields over the given time period the periodic distribution of income corresponding to that pool. Each pool invests the sub-amount into selected investment vehicles based on their risk of return suited for each pool's projected rate of return over the pool's lifetime. | 12-10-2009 |
| 20090307148 | Method And System For Generating An Index Of Securities - A method for generating an index of securities includes selecting index constituents and weighing the selected index constituents by a measure (“an intangible asset measure”) of quality and/or value of the intangible assets of constituent entities. The index constituents can be selected from a set of potential constituents based on an intangible asset measure of each constituent in the set, and the selected index constituents may then be weighted by a desired measure or methodology or weighted equally, or by an intangible asset measure. Another method for generating an index of securities includes combining groups of constituents, which are selected based on an intangible asset measure, to be index constituents and weighing the index constituents by a desired measure or methodology. The groups of constituents may be stocks of existing indices having assigned weights in the existing indices based on intangible asset measures of the stocks. These assigned weights of the stocks may be used in a calculation of the weights of the index constituents which correspond to these stocks. | 12-10-2009 |
| 20090307149 | Systems and Methods for Financial Optimization Using Portfolio Calibration - Described herein are systems and methods for calibrating the efficiency of portfolios for financial optimizations. One exemplary method includes defining a portfolio optimization model, determining original inputs for the model, performing an optimization procedure on each of the at least one model parameter to compute an original efficient frontier, selecting one or more portfolios from the original efficient frontier for calibration, generating a plurality of random samples of optimization inputs based on the original inputs, computing a current efficient frontier using the portfolio optimization model with the optimization inputs, calibrating each of the one or more selected portfolios of the original efficient frontier to create a corresponding calibration portfolio for each selected portfolio and averaging each of the calibration portfolios for each of the selected portfolios of the original efficient frontier, and creating a calibrated efficient frontier report. | 12-10-2009 |
| 20090313175 | SYSTEM AND METHOD FOR EXPOSURE MANAGEMENT - A system, method, and computer-readable medium having instructions stored thereon to implement a method for risk exposure management allowing an exposure record to influence one or more risk exposures. In an embodiment, an exposure record is received, at least one data element of the received exposure record being mapped to one or more subexposures. At least one of the one or more subexposures are mapped to one of one or more exposure positions, wherein each exposure position corresponds to exactly one of the one or more risk exposures. | 12-17-2009 |
| 20090313176 | FUND TRANSACTION PLATFORM AND METHOD OF AUTONOMOUS INTEREST RATES OF CAPITAL POOL - A fund transaction method of autonomous interest rates of a capital pool is applied in a fund transaction platform. A clearing member applies to join the fund transaction platform. A fund flow and an information flow are established between the fund transaction platform and the clearing member. A customer of the clearing member registers with the fund transaction platform to become a member. The member enters a bidding amount. A successful bidding amount and a number of successful bidders are determined according to a fund balance of the fund transaction platform and borrowing interest rates. A management server clears a successful bidding amount and a deposit bid bond. The fund transaction platform performs a clearance and settlement for the clearing member. The clearing member clears and settles the successful bidding amount, the total successful bidding amount, the deposit amount, or the refunding amount for the customer. | 12-17-2009 |
| 20090313177 | SYSTEM FOR DETERMINING AND BALANCING ACTUAL ASSET ALLOCATION - A system for determining and balancing actual asset allocation including a server, software executing on the server for receiving asset data pertaining to amounts of each of a plurality of assets owned by a client, wherein a portion of the assets are divisible assets, software for receiving a desired asset allocation from the client, software for parsing the asset data into amounts of two or more component assets, a database of component assets, each of the component assets assigned an asset type, software executing for returning from the database an asset type for each of the two or more component assets, software for calculating at least a partial actual asset allocation from the amounts and types of the two or more component assets, and software for comparing the actual asset allocation to the desired asset allocation and reporting to the client. | 12-17-2009 |
| 20090313178 | HEDGING EXCHANGE TRADED MUTUAL FUND OR OTHER PORFOLIO BASKET PRODUCTS - A system for pricing and/or determining a basket of financial instruments for hedging investment risk in actively managed traded funds is described. The system uses a trusted computer system and includes a computer storage medium storing a computer program product. The product determines a basket of hedging instruments by applying statistical or economic based factor analysis to estimate the NAV or provide a hedging basket to track actual NAV of an actively managed traded fund. | 12-17-2009 |
| 20090313179 | COMPUTER IMPLEMENTED AND/OR ASSISTED METHODS AND SYSTEMS FOR DETECTING, TRACKING AND RESPONDING TO TOXIC, OR LIKELY TOXIC, ORDERS IN AN EQUITIES ORDER FLOW USING TOXICITY AND/OR PROFIT ANALYZERS - Methods and systems are provided which enable equities broker-dealers to execute an equity trade order while simultaneously eliminating (or at least reducing) exposure to the negative consequences associated with toxic (or likely toxic) orders in the equities market. By using toxicity and/or profit analyzers, for example, to detect, track and respond to the level of toxic (or likely toxic) orders present in an equities order flow, a broker dealer can reduce the level of risk inherent in serving as counter-party to order flows, such as anonymous equities order flows. Various alternative embodiments are also disclosed. | 12-17-2009 |
| 20090313180 | SYSTEM, METHOD AND FRAMEWORK FOR GENERATING SCENARIOS - System, method and framework for generating scenarios used in risk management applications. The present invention is based on a generic framework that provides levels of abstraction, segregates risk factors and models, and structures a scenario generation process. In one aspect of the present invention, there is provided a framework for scenario generation for use in a risk management application, where the framework defines a plurality of components associated with a scenario set, where each component is represented by at least one of a set of data structures, and where the set of data structures comprises: at least one first data structure defining a group of risk factors with similar statistical properties; at least one second data structure defining the future distribution or evolutionary process of a risk factor in the group of risk factors; a third data structure defining a calibrated model for generating scenarios, where relationships between risk factors of the group of risk factors are defined therein, and where the calibrated model associates each second data structure with a first data structure; and a fourth data structure specifying how the first, second, and third data structures are to apply to a user-specified risk management problem. | 12-17-2009 |
| 20090319438 | PERSONALIZED WEALTH MANAGEMENT - Described herein is a system that includes a receiver component that receives personal preferences of a user regarding wealth management. The receiver component can further receive first wealth management advice from a first financial expert that has been selected by the user. Additionally, the system may include a customization component that automatically modifies the first wealth management advice from the first financial expert based at least in part upon the received personal preferences of the user to generate first personalized wealth management advice. The system may additionally include an output component that outputs the personalized wealth management advice to the user. | 12-24-2009 |
| 20090319439 | DETERMINATION OF CUSTOMIZED INVESTING ADVICE - Described herein is a system that facilitates provision of personalized investing advice to a user. The system includes a subscriber component that receives a selection of multiple financial models from the user, wherein the user may desire to receive financial data from the multiple financial models in real-time. Further, the system can include an adviser component that can receive and process financial data output by the multiple financial models and can determine customized investing advice for the user based at least in part upon the financial data output by the multiple financial models and personal investing preferences of the user. | 12-24-2009 |
| 20090319440 | SYSTEM AND METHOD FOR PROVIDING RETIREMENT PLAN HEALTH REPORTS - The invention relates, in various aspects, to systems and methods for providing a current status of a retirement plan of an employer. A server receives a report request transmitted from a client operated by a user. In response to the report request, the server generates a plan health report including the current status of the retirement plan based on employee information related to the retirement plan. The current status of the retirement plan includes information indicating retirement readiness of employees of the employer. The server transmits the plan health report for receipt by the client. The employee information related to the retirement plan is stored in a database. | 12-24-2009 |
| 20090319441 | System and Method for Analyzing and Displaying Security Trade Transactions - A system and methods for processing and charting security exchange trading and market information shows security traders if current transactions originated as buy orders or sell orders, and simultaneously indicates traded quantity. Security exchange trading information is received that includes the price, volume and time of each trade. In addition, security exchange market information is received from buyers, specifying bide prices and quantities, and from sellers, specifying asking prices and quantities. The security exchange trading and market information is processed simultaneously and displayed as a continuously updated real-time chart depicting the exchange auction process whereby buyers and sellers agree to trade at specified prices, including details of individual transactions. The chart is formed by plotting each trade at the price traded, and for each plot point shows a distinctive icon indication whether the transaction was initiated by a buyer or seller. | 12-24-2009 |
| 20090319442 | System and Method for Displaying Trading Data - A system and method are provided for presenting trading information. One example method includes displaying a plurality of effective trade indicators corresponding to price levels at which effective trades have been initiated, and displaying trading information corresponding to each effective trade. The effective trades can be determined based on user-configured trade definitions. The trading information can include a traded quantity and profit/loss corresponding to each effective trade. In addition to the trading information, current market information could be displayed as well in relation to the plurality of effective trades. | 12-24-2009 |
| 20090327152 | PORTFOLIO MANAGEMENT TOOL - A method and apparatus for determining a personal rate of return over a plurality of time frames for a financial product included by an investor in a portfolio comprising the steps:
| 12-31-2009 |
| 20090327153 | Symbolic Language For Trade Matching - A symbolic modeling language for trade matching provides techniques to describe the specialized operations of a match engine in a form that can be understood by business analysts and readily translated into program code and test cases by developers and testers. Associated techniques for calculating implied markets and testing can expedite match engine development, testing and maintenance. | 12-31-2009 |
| 20090327154 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR MONITORING COLLATERALIZATION OF PUBLIC-DEPOSIT ACCOUNTS - The present invention provides systems, methods, and computer program products for monitoring collateral positions of public-deposit accounts so as to efficiently pledge collateral to under-collateralized positions and release collateral from over-collateralized positions. For example, when a customer deposits additional funds, which results in an uninsured balance that exceeds the allocated collateral, the present invention may identify that account as being under-collateralized, determine the pledge amount required to properly collateralize the account, and then create, submit and track a pledge request that corresponds to the required pledge amount. Likewise, when a customer withdraws funds from a public-deposit account, which results in an uninsured balance that is less than the allocated collateral, the present invention may identify that account as being over-collateralized, determine the appropriate release amount, and then create, submit and track a release request that corresponds to the determined release amount. | 12-31-2009 |
| 20090327155 | Method and System for Evaluating Target Date Funds - The invention generally concerns systems, methods, and apparatus wherein a computer may receive information concerning a group of target date funds from a database. Information about the target date funds may comprise information about the glide path and the target retirement date of that fund. A diversification level of each of the target date funds may be determined from the received information. An equity ratio may also be determined for each of the target date funds using the received information. In some instances, the equity ratio may be based upon the amount of equity projected to be owned by the target date fund upon the target retirement date. After determining an equity ratio and a diversification level, a summary of the group of funds is output for review by a user. The summary may include a summary or graph of the diversification levels and equity ratios of the target date funds. | 12-31-2009 |
| 20090327156 | Method for analyzing investments using overlapping periods - A process for the analysis and selection of financial investments based on a comparative analysis of performance and diversification. Large data sets can be manipulated in a manner that is simple to understand and convenient to use. Historical performance data for investments can be analyzed in respect of every possible investment period using any pre-existing or personally defined quantitative measurement algorithm. The user can apply his or her personal weightings to the various performance measurements based on a combination of attribute and time period to construct a customized scoring process, based on which a comparative ranking of the investments can be created. Further, a complete universe of investments can be segmented into peer groups based on one of a number of similarity/dissimilarity criteria from which the user may choose. | 12-31-2009 |
| 20090327157 | Method for analyzing investments using overlapping periods - A process for the analysis and selection of financial investments based on a comparative analysis of performance and diversification. Large data sets can be manipulated in a manner that is simple to understand and convenient to use. Historical performance data for investments can be analyzed in respect of every possible investment period using any pre-existing or personally defined quantitative measurement algorithm. The user can apply his or her personal weightings to the various performance measurements based on a combination of attribute and time period to construct a customized scoring process, based on which a comparative ranking of the investments can be created. Further, a complete universe of investments can be segmented into peer groups based on one of a number of similarity/dissimilarity criteria from which the user may choose. | 12-31-2009 |
| 20090327158 | Synthetic Funds Having Structured Notes - The present invention relates to synthetic funds for purchase by investors. A structured note is structured to provide customized equity returns/exposure. Terms of each structured note may be specified by the purchaser and the structured notes may be unsecured liabilities of the obligor, e.g., there are no underlying assets upon which the structure note is based. Thus, there will be no limits on the use of structured note proceeds and management of assets and liabilities will be left entirely to the obligor's discretion. Structured note payment obligations may be related to the performance of an objective valuation, but structured note holders will depend on the good credit of the obligor for payment. | 12-31-2009 |
| 20090327159 | METHOD AND SYSTEM FOR COMPUTER-IMPLEMENTED TRADING OF SECONDARY MARKET DEBT SECURITIES - A computer-implemented method and system for trading of debt securities (bonds), where multiple dealers participate and compete on a single platform ( | 12-31-2009 |
| 20090327160 | PAIRED BASIS SWAP RISK AND CREDIT MITIGATION SYSTEM AND COLLATERAL MINIMIZATION SYSTEM - A paired basis swap risk and credit mitigation system and collateral minimization system. In swaps used to hedge forward contracts a system authority interposes itself and forms paired basis swaps with each of the paired swap participants and itself together with a Swaption to allow it to maintain a level book in the event of a default by any counterparty. In the event of a default the system authority has the ability to either terminate a swap and pay the non-defaulting counterparty an agreed upon termination payment, terminate the non-defaulting counterparty's swap and exercise the swaption to substitute a correlated swap with appropriate correlated termination payment; or substitute a new counterparty with an identical swap as the paired swap participant. Paired basis swap control through delivery can be enabled to continue the risk and credit mitigation benefits of the system. | 12-31-2009 |
| 20090327161 | Financial activity based on tropical weather events - A financial activity network includes a central managing system connected to a plurality of participant terminals. Rules governing operation of the financial activity are stored for future reference. A participant provides investment information using a map with user selectable portions, for identifying the predicted qualifying strike. | 12-31-2009 |
| 20100005031 | COMPUTER CALCULATION PROCESSING METHOD AND PROGRAM - There is provided a computer calculation processing method for determining risk-neutral probability distribution with the use of a model-independent maximum entropy method. There are provided an input device ( | 01-07-2010 |
| 20100005032 | BUY-WRITE INDEXES - A financial instrument in accordance with the principles of the present invention provides a passive total return index based on writing the nearby call option against that same underlying asset portfolio for a set period on the day the previous nearby call option contract expires. The call written will have that set period remaining to expiration, with an exercise price just above the prevailing underlying asset price level (i.e., slightly out of the money). The call option is held until expiration and cash settled, at which time a new call option is written for the set period. | 01-07-2010 |
| 20100005033 | System and Method for In-Kind Rebalancing of Transactions - A system and method are described for an investor, such as a fund of funds, to advantageously perform portfolio rebalancing in a totally in-kind or combination in-kind/cash transaction that will at least minimize the transaction costs associated with rebalancing. | 01-07-2010 |
| 20100005034 | Systems and Methods for Providing Investment Performance Data to Investors - Systems and methods for generating a performance index are described. A rank score is generated for each investor relative to a group of investors of which the investor is a member. Generation of the rank score uses investment data of a portfolio of the investor, and the portfolio comprises at least one investment position. A set of investors is selected from the group of investors, and the selection is based on the rank score of each investor. The performance index is generated to provide a measure of performance of top individual investors over time relative to a market index. Generation of the performance index includes generating a composite portfolio comprising investment positions of each portfolio of each investor of the set of investors. | 01-07-2010 |
| 20100005035 | Systems and Methods for a Cross-Linked Investment Trading Platform - Systems and methods for an investment trading platform are described. An investment platform forms electronic links among member investors and investment portfolios and brokerage accounts of the investors, wherein a portfolio includes at least one investment position. The investment platform shares between the investors the portfolio data or the portfolios and/or brokerage data of the brokerage accounts. A trading application programming interface (API) conducts operations in portfolios and/or brokerage accounts in response to the portfolio data and/or the brokerage data. The trading API conducts automatic operations in portfolios and/or brokerage accounts in response to the portfolio data and/or the brokerage data. | 01-07-2010 |
| 20100005036 | System and Method for Risk Management - A margin requirement is computed while trading. The margin requirement may be calculated while trading because the preferred system takes into account working orders to generate the margin requirement. The on the fly possibility allows the preferred system to provide pre-trade risk calculations, but can also be used to provide post-trade calculations. A generic spread number and the maximum number of outright positions are determined. Using the spread positions and the maximum number of outright positions, a spread margin and an outright margin are calculated, which when summed provide a total margin requirement. Limits based in part on the total margin requirement may be imposed on one or more traders. | 01-07-2010 |
| 20100005037 | User Interface for an Electronic Trading System - A user interface for an electronic trading exchange is provided which allows a remote trader to view in real time bid orders, offer orders, and trades for an item, and optionally one or more sources of contextual data. Individual traders place orders on remote client terminals, and this information is routed to a transaction server. The transaction server receives order information from the remote terminals, matches a bid for an item to an offer for an item responsive to the bid corresponding with the offer, and communicates outstanding bid and offer information, and additional information (such as trades and contextual data) back to the client terminals. Each client terminal displays all of the outstanding bids and offers for an item, allowing the trader to view trends in orders for an item. A priority view is provided in which orders are displayed as tokens at locations corresponding to the values of the orders. The size of the tokens reflects the quantity of the orders. An alternate view positions order icons at a location which reflects the value and quantity of the order. Additionally, contextual data for the item is also displayed to allow the trader to consider as much information as possible while making transaction decisions. A pit panel view is also provided in which traders connected to the pit are represented by icons, and are displayed corresponding to an activity level of the trader. | 01-07-2010 |
| 20100010935 | SYSTEMS AND METHODS FOR CREDIT WORTHINESS SCORING AND LOAN FACILITATION - The present invention relates to methods, systems and computer readable media for generating a financial score. In an embodiment, the method for generating a financial score comprises collecting and aggregating sets of data, estimating income paths based on the collected data, determining risk associated with the income path and generating a financial score. Exemplary systems and computer readable media include program code for executing a method for generating a financial score and processing financial instruments on a network. | 01-14-2010 |
| 20100010936 | Method and Interface for Consolidating Price Levels on a Trading Screen - A trading screen may display price and quantity information for price levels in a static axis of prices. The static axis of prices may be divided into two or more different regions. The price and quantity information for one or more of the regions may be consolidated from price and quantity information from plurality of un-consolidated price levels. | 01-14-2010 |
| 20100010937 | METHOD AND SYSTEM FOR PROVIDING RISK ASSESSMENT MANAGEMENT AND REPORTING FOR MULTI-MARKET ELECTRONIC TRADING - A method and system for providing risk management, reporting and assessment for multi-market electronic trading. The method and system allow risk associated with one or more trading accounts for an electronic trader in multi-market electronic trading to be analyzed, reported and managed in real-time. The method and system includes graphical display of risk assessments for plural traders. The risk assessment includes a set of risk parameters with current risk parameters and historical risk parameters and provides an integrated view of current and historical trading activities and trading resources of the electronic trader across all electronic trading exchanges a trader is trading on. | 01-14-2010 |
| 20100017338 | Portfolio Optimization - A method for comparing, creating and optimizing investment portfolios is provided. The utility function for an investment is characterized, and the optimization problem for the utility function is stated based on investor preferences and risk tolerance. According to one embodiment, the measure of relative performance of investment portfolios is calculated based on the investor utility function. According to another embodiment, guidelines for generating an optimized portfolio for the investor from the plurality of asset classes available, are mapped out. | 01-21-2010 |
| 20100017339 | System and methods for ETF 401(k) trading - Systems and methods for providing an ETF 401(k) retirement plan administration are described. The typical requirement of purchasing full shares is addressed by establishing a breakage account. This account absorbs any extra money that would have bought a fraction of a share, purchases shares for the pool, and allows for an allotment of fractional shares that would not be possible otherwise. | 01-21-2010 |
| 20100017340 | System, method, and apparatus for the investment of a debenture credit - A method and system that produces a single financial product including a security arrangement, legal agreement(s) and technical management facility that aggregates the values of present or future financial cash flows from financial arrangements or securities offered by multiple entities such that the assets and liabilities are combined through agreements and other such arrangements to produce an enhanced portfolio value of the financial products. | 01-21-2010 |
| 20100017341 | Method and systems for predicting solar energy production - A method of anticipating a short-term future electrical energy demand of an energy trader's customers includes calculating a short-term future net electrical energy demand required to meet the demand of customer facilities which have a solar energy generating system or systems in a geographic region. The method further includes determining a resulting difference, expressed as a shortfall or surplus, between the short-term future net electrical energy demand and an amount of electrical energy purchased in long-term contracts for the supply of the customer facilities, and bargaining a buying price or a selling price for energy in a short-term future or day-ahead market based on the shortfall or surplus. A method for hedging energy sales or purchases in a short-term future or day-ahead market includes determining an historical performance of a regional net energy forecasting methodology for a facility or facilities which have solar energy generating systems in a geographical region. The method further includes estimating a difference between the maximum cost of energy in a spot market and an energy trader's minimum price of energy for each hour bid in the short-term future or day-ahead market, determining a risk factor associated with energy sales or purchases from the historical performance and the estimated difference, and purchasing or selling options to buy energy at the previous day's day-ahead market price based on the determined risk factor. | 01-21-2010 |
| 20100017342 | ASSET ALLOCATION BASED ON EXPECTED UTILITY OF TIME AND WEALTH - A method and system for providing financial advice to individuals that includes outputting a target asset allocation for an individual and a critical wealth, a retirement wealth, a utility function, or a combination thereof. The target asset allocation includes a target securities allocation and is computed using a function analyzing a trade-off between retirement time and retirement consumption of the individual. The method includes computing a critical wealth of the individual, a retirement wealth of the individual, and a wealth utility function of the individual. A determination of whether the individual is in a wealth maximizing phase or a critical wealth phase is made. The determination is based on whether the individual has a current wealth equal to or greater than the calculated critical wealth threshold. Having determined the relevant wealth phase, a target asset allocation for the current assets of the individual is computed. | 01-21-2010 |
| 20100017343 | COMPUTER-IMPLEMENTED METHOD AND APPARATUS FOR ADJUSTING THE COST BASIS OF A SECURITY - A computer-implemented method and apparatus for determining a cost basis associated with a plurality of shares of a security. In response to information identifying an issuer, the purchase date and the sale date, a list of capital events that occurred in connection with the security between the purchase date and the sale date is retrieved from a database. One or more shares held adjustment ratios are then retrieved from a database. Each of the shares held adjustment ratios corresponds to one of the capital events that occurred in connection with the security between the purchase date and the sale date. A current cost basis associated with the security may then be determined in accordance with the one or more cost adjustment ratios and the purchase price per share of the security. | 01-21-2010 |
| 20100017344 | Auction System and Method for Pricing and Allocation During Capital Formation - A computer implemented system and method determines price and allocation of equity shares. Information about an offering to accept bids for equity shares is provided to qualified potential purchasers and non-qualified potential purchasers. Bids from potential purchasers for equity shares are received through a communication network. Bids are accepted and offered to be accepted only from qualified potential purchasers. A non-qualified potential purchaser submits a bid through a qualified potential purchaser. A clearing price for the offered shares is determined based on the received bids. | 01-21-2010 |
| 20100017345 | SYSTEM AND METHOD FOR MULTI-FACTOR MODELING, ANALYSIS AND MARGINING OF CREDIT DEFAULT SWAPS FOR RISK OFFSET - A system and method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The system and method include receiving a plurality of data associated with the plurality of financial instruments within the portfolio, determining a systematic risk margin based on at least a portion of the received plurality of data, determining a curve risk margin based on at least a second portion of the received plurality of data, determining a convergence and divergence risk margin based on at least a third portion of the received plurality of data, determining a sector risk margin based on at least a fourth portion of the received plurality of data, determining an idiosyncratic risk margin based on at least a fifth portion of the received plurality of data, determining a liquidity risk margin based on at least a sixth portion of the received plurality of data, determining a basis risk margin based on at least a seventh portion of the received plurality of data, and calculating a multi-factor risk margin based on one more of the determined risk factors. | 01-21-2010 |
| 20100023457 | Methods and systems for tracking commodity performance - In at least one aspect, the invention comprises a computer-implemented method comprising: (a) electronically receiving data regarding projections of commodity consumption for exchange-traded futures contracts on one or more biofuel feedstock commodities; (b) selecting, based on said received data, one or more of said futures contracts for inclusion in a biofuel excess return strategy index; and (c) electronically weighting each of said selected one or more futures contracts; wherein said weighting is based on projected relative consumption of each commodity corresponding to said selected futures contracts. In another aspect, the invention comprises a computer-implemented method comprising: (a) electronically receiving data regarding prices of one or more exchange-traded futures contracts; (b) selecting, based on said received data, one or more of said futures contracts for inclusion in a commodity index; and (c) electronically calculating excess return for each of said commodities by accounting for foreign exchange rates. | 01-28-2010 |
| 20100023458 | Systems, methods, and media for automatically controlling trade executions based on percentage of volume trading rates - Systems, methods, and media for automatically controlling trade executions based on percentage of volume trading rates are provided. In some embodiments, systems for automatically controlling trade executions based on percentage of volume trading rates, are provided, the systems comprising at least one processor that: determines a market impact relationship for each of a plurality of positions included in a portfolio; determines a risk model associated with the portfolio; solves for a percentage of volume trading rate for each of the plurality of positions included in the portfolio based on the market impact relationship and the risk model; and causes trades to be executed in at least one of the plurality of positions included in the portfolio at the percentage of volume trading rate corresponding to the at least one of the plurality of positions. | 01-28-2010 |
| 20100023459 | METHOD AND APPARATUS FOR FINANCIAL TRANSACTIONS - Method for measuring performance in securities trading is disclosed; the method comprises associating trades with a user profile and examining performance and updating the profile based in part on the trades. Trading may be simulated or may comprise actual trading of securities through one or more broker partners. Social networking options and features are also provided. A method of providing a synchronized securities trading is also given, the method comprising servicing trades of a first entity (the first entity may be an individual or an RIA) and servicing a similar trade by a second entity. According to this method payment to the first entity is calculated as a percentage of the amount traded by the second entity or by examining performance of trades with respect to a reference. The reference may comprise for example the S&P 500 or Dow Jones Industrial Average. Methods of conducting business are also given. | 01-28-2010 |
| 20100023460 | METHODS AND APPARATUS FOR ITERATIVE CONDITIONAL PROBABILITY CALCULATION METHODS FOR FINANCIAL INSTRUMENTS WITH PATH-DEPENDENT PAYMENT STRUCTURES - Methods and apparatus provide for calculating expected present values and conditional probabilities of future payments of path-dependent rules-based securities or derivative contracts using iterative conditional probability calculation methods, including: (a) breaking a payment horizon of the securities or derivative contracts into N time increments over time t=0 to t=N; (b) initializing an array of state variables to assumed values at t=0; (c) applying transition probability models to the assumed values of the state variables at time t=0 and calculating a joint probability distribution for the state variables at time t=1; (d) applying payment calculation models to both the t=0 and t=1 values of the state variables and calculating probabilities and expected present values for the securities or derivative contracts payments occurring between t=0 and t=1 based on values of the state variables at times t=0 and t=1; (e) repeating steps (c)-(d) iteratively at each time t and calculating joint probability distributions for the state variables, probabilities, and expected present values of the securities or derivative contracts payments occurring between times t and t+1 based on values of the state variables at times t and t+1; and (f) summing the probabilities and the expected present value calculations across time and values of the state variables to obtain the expected present values and conditional probabilities of the future payments of the path-dependent rules-based securities or derivative contracts. By using the foregoing iterative conditional probability calculation methods it is possible to evolve a composite state variable CSV in a path-independent manner and use CSV to calculate present value cash-flow of a path-dependent rules-based security. | 01-28-2010 |
| 20100023461 | SYSTEM AND METHOD FOR IMPLEMENTING AN ANONYMOUS TRADING METHOD - A system and appertaining method are provided in which a brokerage firm transmits confidential information about security trading intentions to an anonymous server that follows through on a trade only if there is a likelihood that the trade can be completed. Pricing inputs are obtained that help a price engine determine pricing information for securities. The trade itself is executed by a primary trading system. If the trade is not completed, then the confidential information is not shared with a market maker or other purchasing or selling entity. When security is low and trust is high, for speed purposes, among other things, the anonymous server may be located with a market maker. When security is high and trust is low, any or all of the anonymous server, price engine, and primary trading system can be collocated on site with the broker in a secure environment. | 01-28-2010 |
| 20100030699 | COMPUTER SYSTEM AND METHOD FOR DETERMINING OPTIMAL ASSET ALLOCATION - A computer system is provided for selecting an asset allocation for an investment portfolio intended to produce a target payout starting at a target date. The computer system is programmed to receive inputs that may relate to the target payout, the target date and a nominal rate of contributions to the investment portfolio. The computer system calculates at least one thousand simulated investment outcomes based on assumed investment return rates and assumed inflation rates. The assumed investment return rates and assumed inflation rates are randomly selected in multi-year clusters from historical data. The computer system selects the asset allocation based on relative performance of the assumed asset allocations in the simulated investment outcomes. | 02-04-2010 |
| 20100030700 | Method for analyzing an investment using net present value and internal rate of return - A new method for calculating the net present value and internal rate of return on an investment is provided. Here, the new method takes into account discounts that affect the net cash flow over the period of the investment. These discounts may be static or vary depending on the circumstances warranting their inclusion. | 02-04-2010 |
| 20100030701 | Method and apparatus for computing and displaying a risk-return profile as a risk measure for financial assets - A method and apparatus for displaying a financial asset risk-return profile is disclosed. The method includes determining the length of a period; computing an integer number of intervals in a date range set, an interval being an integer multiple of the length of the period; for each interval, computing the number of interval sub-sets in the date range set, each interval sub-set spanning the time spanned by a corresponding interval; for each interval, computing a metric of the interval sub-sets; and for each interval, displaying the computed metric. The displayed financial asset risk-return profile includes a total return component and a hold time component of risk. | 02-04-2010 |
| 20100030702 | METHOD AND SYSTEM FOR GENERATING AND TRADING COMPOSITE CONTRACTS - The disclosed embodiments provide a system and method for automatically generating a composite contract characterized by at least one parameter. A first subset of eligible component contracts is identified from a set of available component contracts wherein each of the available component contracts is characterized by at least one attribute. A second subset of component contracts is then selected from the first subset to generate the composite contract. | 02-04-2010 |
| 20100030703 | SYSTEM AND METHOD FOR MANAGING CROSS-BORDER FINANCING - A system and method for managing cross-border financing based on an investing entity's investment in a domestic company holding interests in a plurality of foreign companies. The domestic company gives the investing entity the right or warrant to invest, acquire, control or manage one or more foreign companies. The investing entity can directly invest in a foreign company by investing in a domestic company. | 02-04-2010 |
| 20100030704 | COMPUTER IMPLEMENTED AND/OR ASSISTED METHODS AND SYSTEMS FOR PROVIDING GUARANTEED, SPECIFIED AND/OR PREDETERMINED EXECUTION PRICES IN A GUARANTEED, SPECIFIED AND/OR PREDETERMINED TIMEFRAME ON THE PURCHASE OR SALE OF, FOR EXAMPLE, LISTED OPTIONS - Methods and systems are provided which enable options broker-dealers to guarantee execution of an option trade order within a specified time window. By providing means to quantify and mitigate the effects of several factors which contribute to options market inefficiency (e.g., market structure, regulatory constraints, and “market misbehavior”), these methods and systems eliminate or at least reduce the level of broker-dealer risk inherent in offering an execution speed guarantee, while optionally simultaneously providing better execution quality for investors. | 02-04-2010 |
| 20100036775 | FOREIGN CURRENCY GAIN/LOSS ANALYSIS FOR FOREIGN CURRENCY EXPOSURE MANAGEMENT - Tools for analysis of foreign currency gain/loss are described. An analysis tool obtains multicurrency accounting data from one or more systems. Based on a selected exposure period, exchange rates for the exposure period, and the obtained accounting data, the analysis tool can compute an expected foreign currency gain or loss for the exposure period. Exposure for the beginning and ending of the exposure period are computed, and can be compared to generate a delta exposure for the exposure period. The analysis tool then generates an expected foreign currency gain and/or loss for the exposure period, and reports the expected gain/loss. The report indicates actual foreign currency gain/loss balances from accounting records for the exposure period compared to calculated expected foreign currency gain/loss for analysis. Material exceptions between the actual balance and calculated expected balance can be isolated for further investigation to test multicurrency accounting practices in place within the enterprise. | 02-11-2010 |
| 20100042550 | WEATHER DERIVATIVE VOLATILITY SURFACE ESTIMATION - Systems and methods are provided for determining the volatility of weather derivative option contracts. Volatility levels are initially determined with conventional methods. Unreliable volatility levels are then replaced with futures contracts volatility levels. If the futures contracts volatility levels are not available or appear unreliable, meteorological volatility levels are utilized. The data may be reduced to a three dimensional surface and used when determining margin account requirements. | 02-18-2010 |
| 20100042551 | Portfolio Balancing Using Stock Screens - A stock portfolio balancing system identifies two sets of stocks to compare to each other. For example, the two sets may be generated by applying a stock screen to a stock database at two different points in time. Stocks which are in the first (e.g., earlier) set but not the second (e.g., later) set are identified as stocks to sell. Stocks which are in the second (e.g., later) set but not the first (e.g., earlier) set are identified as stocks to buy. Buy and/or sell orders are placed accordingly into a stock portfolio. The process may be repeated at later times to automatically rebalance the portfolio in accordance with the screen over time. | 02-18-2010 |
| 20100042552 | Graphical user interface for financial activity concerning tropical weather events - A graphical user interface for a financial activity network that includes a central managing system connected to a plurality of participant terminals. Rules governing operation of the financial activity are stored for future reference. A participant provides investment information such as a map location for the predicted strike by the natural event and, optionally, one or more secondary parameters relating to the natural event, such as the time interval between the time of investment and the time of all event strike and/or the severity of the event strike according to an established scale. The graphical user interface provides the user with the ability to select options and view data from a screen display, with recalculations of data being displayed on an ongoing basis, reflecting the user's current selections. | 02-18-2010 |
| 20100042553 | ASSET ANALYSIS ACCORDING TO THE REQUIRED YIELD METHOD - A method and system for performing an asset analysis. At least one asset characteristic is computed. The at least one asset characteristic consists of at least one of: a new or expected currency exchange rate between two countries, a world gold price, a national gold price of a country, an expected or next period earnings per share (EPS) of a stock index, a current price of a stock index or stock, a consol-type yield of a consol-type instrument traded within a world or national economy characterized by a commodity standard, a yield spread between a long and short term Treasury bond, a dividend yield of a stock index or stock, a bond price of a bond, an expected gross domestic product (GDP) of an economy. The computed at least one asset characteristic is transferred to a tangible medium and utilized. | 02-18-2010 |
| 20100049664 | Method and system for user-defined alerting of securities information - A method for user-defined alerting of securities information allows a user to create in advance a plurality of different alert conditions, such as a traded price, a percentage price change or a traded volume of a specific stock that has reached a preset value. Each of the alert conditions corresponds to a color background. Upon receipt of incoming real-time securities data or downloading of user-defined securities data from a database, a value in each data cell of the securities data is checked for conformity with a corresponding one of the alert conditions. If a specific alert condition is satisfied, a color background corresponding to the specific alert condition is applied to the corresponding data cell to produce a direct and prominent alerting effect. | 02-25-2010 |
| 20100049665 | BASEL ADAPTIVE SEGMENTATION HEURISTICS - A system and method for identifying homogeneous risk pools used in the calculation of minimum capital requirements for a number of segments of a population of portfolios is presented. An F-ratio objective function representing a probability of a risk event across all of the number of segments of the population is calculated using an F-ratio objective function engine. An input dataset that defines a decision tree structure for the population is received. The F-ratio objective function of the risk event is maximized using a generic algorithm-based search engine to optimize the decision tree structure to group the number of segments according to one or more of the homogeneous risk pools, and a score for each homogeneous risk pool is then generated. | 02-25-2010 |
| 20100049666 | TRADING ANALYSIS TOOLS - There is provided a method for analysing the trading results of a product by deriving a fair price for the product. The fair price is determined by analysing the best current bid price, the best current offer price, the quantity available for purchase at the best current bid price, the quantity available for sale at the best current offer price, the previous day's closing price and/or the minimum increment of price change as stipulated by an exchange on which the product is traded. The fair price derived for the product may be computed and used as a tool for analysing past or future trading results and for providing trading indications and guidelines. | 02-25-2010 |
| 20100049667 | METHODS AND SYSTEMS FOR COMBINING SECURITIES AND CARBON CREDITS - Systems and methods are provided for reducing or neutralizing a carbon footprint of a security using carbon credit. At least one security that is excluded from an investment fund may be determined. A carbon footprint of the at least one security may be calculated. A first amount of carbon credit necessary to neutralize the carbon footprint of the at least one security may be determined. A second amount of carbon credit may be purchased based on the act of calculating the first amount of carbon credit necessary to neutralize the carbon footprint. A financial instrument determined to have an at least partially neutralized carbon footprint may be generated by causing the at least one security and the second amount of carbon credit to be stored in a trust. | 02-25-2010 |
| 20100049668 | System and Method for Online Trading Using an Electronic Spreadsheet - A system and method for receiving streamed, real time quotes with respect to financial instruments. The system applies a spreadsheet based investment strategy to the real time quotes, generating electronic orders based on the results of the investment strategy analysis and transmitting the orders for real time execution. The system generates a unique order identifier that allows users to actively track the status of orders in real time. This unique order identifiers can be shared with other users so that other trading strategies can be developed to execute upon the successful execution of the order (e.g., hedging). | 02-25-2010 |
| 20100057633 | SYSTEM AND METHOD FOR PROBABILITY-BASED MULTI-GENERATIONAL ESTATE PLANNING - The systems and methods described calculate ranges of wealth for an estate and for one or more recipients of multi-generational estate transfers. The calculations utilized in the systems and method considered a plurality of options for transferring wealth from a grantor to multi-generational recipients. The systems and methods also process a large number of simulations for different scenarios in the transfer of wealth. The tangible results from the processing of the options and scenarios are probabilistic distributions of total wealth for the giving estate and the receiving generations | 03-04-2010 |
| 20100057634 | Data Analysis Method And Apparatus For Use In Trading Financial Instruments - A unique method and apparatus for analyzing data related to a tradable financial instrument employs a finite state decision tree as a predictive model of future trade prices for the instrument. The decision tree may be multi-layered with each layer divided into nodes representing a range of numerical values. For each layer of the decision tree, a user-selected or user-defined analytic equation/algorithm processes the data into numerical analytic values that are used to populate the nodes of the decision tree. A future price offset is determined for each node. The future price offset represents a prediction for a future price change of the financial instrument and can be used as a basis for trading the instrument. | 03-04-2010 |
| 20100057635 | System And Method For Optimizing Fixed Rate Whole Loan Trading - Optimizing fixed rate whole loan trading. Specifically, the invention provides computer-based systems and methods for optimally packaging a population of whole loans into bonds in either a senior/subordinate bond structure or into pools of pass through securities guaranteed by a government agency. Models for each type of bond structure are processed on the population of loans until either an optimal bond package is found or a user determines that a solution of sufficient high quality is found. Additionally, the models can account for bids for whole loans by allocating whole loans that meet requirements of the bid but are least favorable to be securitized. | 03-04-2010 |
| 20100057636 | System And Method For ETF Investing - A system and method for ETF investing that provides a primary exchange traded fund (PETF) that comprises a plurality of shares, wherein the primary exchange traded fund comprises investments in a plurality of secondary exchange traded funds (SETF). The system and method enable intraday, or other periodic, trading of a variable number and type of ETFs through a single ETF, based on one or more categories and factors including, but not limited to, real-time NAVs. | 03-04-2010 |
| 20100057637 | SYSTEM AND METHOD FOR IMPLEMENTING AN ANONYMOUS TRADING METHOD - A system and appertaining method are provided in which a brokerage firm transmits confidential information about security trading intentions to an anonymous server that follows through on a trade only if there is a likelihood that the trade can be completed. Pricing inputs are obtained that help a price engine determine pricing information for securities. The trade itself is executed by a primary trading system. If the trade is not completed, then the confidential information is not shared with a market maker or other purchasing or selling entity. When security is low and trust is high, for speed purposes, among other things, the anonymous server may be located with a market maker. When security is high and trust is low, any or all of the anonymous server, price engine, and primary trading system can be collocated on site with the broker in a secure environment. | 03-04-2010 |
| 20100057638 | System and Method to Solve Dynamic Multi-Factor Models in Finance - Methods and systems for estimating time-varying factor exposures of either an individual financial instrument or a portfolio of such instruments, through the solution of a constrained multi-criteria dynamic optimization problem, providing an estimation error function and one or more transition error functions to be minimized over a period of time. The factor exposures relay the influence of the factors on the return of the instrument or portfolio. The estimation error function provides the estimation error at each time interval between the return of the asset collection and a sum of products of each factor exposure and its respective factor. Each transition error function provides a transition error of each factor exposure between time intervals. In one embodiment, the constraints can include a budget constraint and non-negativity bounds applying to some or all of the factor exposures. In other embodiments, the method and system can be applied to estimating any time-varying weight that is used in a model, to relay the influence of one or more independent variables on a dependent financial or economic variable, through the solution of a constrained multi-criteria dynamic problem, minimizing estimation error and transition error terms. In other embodiments, the solution of a multi-criteria dynamic problem can be used as part of a method and system to determine structural breakpoints for each factor, and also as part of a method and system for determining optimal parameters to weight the transition error functions and selecting the factors included in the model. | 03-04-2010 |
| 20100063938 | SYSTEM AND METHOD FOR FINANCIAL DATA MANAGEMENT AND COMPUTATION - A system and method for financial data management and computation is disclosed. In one embodiment, the system includes a financial storage module storing financial properties values, a metagraph module storing at least one sub-metagraph, a computation module, a metagraph complier module operatively coupled to the financial storage module, the metagraph module and the computation module, wherein the complier module is operatively configured to: (a) receive one or more financial entity groups, each having at least one group criterion, the financial entity group being associated with at least one sub-metagraph; (b) obtain financial data from the financial storage module (c) relate the financial data with at least one of the financial entity groups if the financial data complies with the group criterion thereby giving rise to at least one relevant financial entity groups (d) obtain sub-metagraphs associated with the relevant financial entity groups from the metagraph module giving rise to relevant sub-metagraphs (e) derive execution graphs from the relevant sub-metagraphs and (f) send the execution graphs for execution in the computation module, whereby financial information is updated and financial actions are performed according to the financial data. | 03-11-2010 |
| 20100063939 | INVESTING FUNDS FROM PRE-PAID PAYMENT ACCOUNTS - The present invention extends to methods, systems, and computer program products for investing funds from pre-paid payment accounts. Funds from accounts within a payment system are invested on behalf of account holders of the accounts. Funds are invested in accordance with a risk strategy defined for the payment system (e.g. defining investment amounts and financial assets for investment). Payments and/or gains from invested funds are disbursed to the accounts of the account holders. Payments and/or gains are disbursed in accordance with disbursement rules for the payment system (e.g., based on percentages). | 03-11-2010 |
| 20100063940 | TRANSACTION AND ACCOUNT MANAGEMENT SYSTEM - An information management system that consists of data, a rules database, and user profiles is provided. The rules database stores information about system responses to modifications of the data. The user profiles store information concerning the availability of information and displays depending upon the user. Automatic updates to user profiles in response to modifications to the data are performed. | 03-11-2010 |
| 20100063941 | INFLATION-INDEXED PAYMENT STREAM PROCESSOR - A system and method for performing inflation indexing is provided. The system comprises an inflation indexing processor configured to calculate a payment stream from a set of information including a liquidity value. An inflation component processor is configured to retrieve one or more inflation components or aggregate individual transactions in order to calculate the inflation components and to generate an inflation index therefrom. And a payment adjustment processor is configured to adjust the payment stream using the inflation index. Inflation indexed payment streams can be aggregated into a fund, against which shares may be defined and traded. | 03-11-2010 |
| 20100070426 | OBJECT MODELING FOR EXPLORING LARGE DATA SETS - An object model is used to facilitate performing financial analysis and that includes certain zero-order objects or building blocks that lend themselves particularly well to doing financial analysis. The object model comprises a universe of data items, relationships between the data items, higher-order objects generated based on one or more data items in the universe, higher-order objects generated based on other objects, and auxiliary entities related to the universe of data items. | 03-18-2010 |
| 20100070427 | DYNAMIC INDEXING - Techniques for dynamic indexing are provided. In one embodiment, first instruments to be included in an index are identified at a first time. The index includes one or more first weights each of which is associated with a different instrument in the first instruments. One or more first time series for the first instruments are determined. Based on the one or more first time series and the one or more first weights, a collective value of the index is tracked as a function of time at least from the first time. At least one of a) the first weights and the first time, and b) the collective value as the function of the time is stored, in a physical storage device. | 03-18-2010 |
| 20100070428 | METHODS AND APPARATUS FOR PRODUCING A STOCK INDEX - The present disclosure provides a system that produces a stock index by dynamically including the top X % of stocks based on float weighted capitalization in a new index. For example, the top 50% of stocks from a particular set of stocks (e.g., all of the stocks listed on a particular exchange) based on each stock's float weighted capitalization may be include in the index. As the overall list of stocks and/or the float weighted capitalizations change over time, the index may be automatically updated. | 03-18-2010 |
| 20100070429 | Systems And Methods For Investment Tracking - Systems and methods for investment tracking are disclosed. For example, one method for investment tracking includes the steps of receiving information describing a plurality of funds, receiving a selection of a benchmark for an investment portfolio, identifying a candidate set of assets for the investment portfolio, the candidate set of investments comprising a plurality of asset classes; and identifying a set of candidate weighting factors to associate with at least one of the plurality of asset classes. The method further includes the steps of selecting at least one weighting factor from the set of candidate weighting factors, selecting at least one asset class from the plurality of asset classes based on a stepwise procedure and associating the at least one weighting factor with at least one asset class, determining a weight value of the at least one weighting factor; estimating, based on a GARCH analysis, a variance/covariance of asset returns, a variance of the benchmark, a covariance vector of asset returns, and an expected return on an asset; constructing the investment portfolio from at least one of the candidate sets of assets and based on the at least one weighting factor, and purchasing assets corresponding to the investment portfolio. | 03-18-2010 |
| 20100070430 | COMPARING FINANCIAL PRODUCTS - The present invention extends to methods, systems, and computer program products for comparing financial products. Consumers collaborate to assist one another in identifying favorably priced financial products that meet their criteria. Pricing for financial products can be tailored to a consumer's eligibility (e.g., based on financial profile). Thus, a consumer is presented with more relevant financial products. When insufficient data is available to identify financial products for a consumer based on a consumer's profile, data enhancement techniques, including interpolation, extrapolation, and grouping can be used to used facilitate financial product identification and pricing. | 03-18-2010 |
| 20100070431 | SYSTEM AND METHOD FOR EVALUATING SECURITIES TRANSACTIONS - A processor based server for evaluating performance of financial transactions comprises a database containing historical financial data of a plurality of financial assets, a user interface, a controller, a filter and a processor based analytical tool. The user interface communicates with a plurality of client devices over a communications network and receives input from a client device associated with a user. The input comprises information relating to at least two asset-date pairs and a statistic for measuring the performance of the two asset-date pairs. The information on each asset-date pair comprises identifying information of a financial asset and a time period selected by the user for analysis. The processor based analytical tool receives the statistic and the requested historical financial data of the selected financial asset from the database through the controller. The filter divides the requested historical financial data into groups based on association to each asset-date pair such that a first data group comprises a first historical financial data of a first asset-date pair and a second data group comprises a second historical financial data of a second asset-date pair. The analytical tool evaluates the statistic on the first and second data groups to provide first and second resulting values to the controller. The controller converts the first and second resulting values from the analytical tool to first and second graphical values, respectively. The user interface renders graph series for each data group using different type of lines or color on the client device associated with the user based on the first and second graphical values over the communications network. | 03-18-2010 |
| 20100070432 | REPORT GENERATOR APPARATUS FOR ALLOWING A FINANCIAL ENTITY TO MONITOR SECURITIES CLASS ACTION LAWSUITS AND POTENTIAL MONETARY CLAIMS RESULTING THEREFROM - Reports are automatically created of securities class action lawsuits customized to show potential monetary claims resulting from the lawsuits for securities purchased or acquired by one or more financial entities. To produce the reports, a database of securities class action lawsuits is maintained. The lawsuit database includes a subset of securities class action lawsuits that are deemed to be noteworthy by the entity that administers the system. A comparison is made for each financial entity of transaction activity of the financial entity with records in the database subset of securities class action lawsuits to identify any securities purchased or acquired by the financial entity that are associated with a securities class action lawsuit in the lawsuit database and which may provide a potential monetary claim for the financial entity. A report is then created for each financial entity showing the noteworthy lawsuits. For the lawsuits that were identified as providing a potential monetary claim for the financial entity and which are deemed to be noteworthy, the report includes the potential monetary claim for the financial entity based on the transaction activity of the financial entity. A similar process occurs for creating a watchlist report of securities class action lawsuits of interest to financial entities customized to show potential monetary claims resulting from the lawsuits for securities purchased or acquired by one or more financial entities. | 03-18-2010 |
| 20100070433 | INVESTMENT ALLOCATION SYSTEM FOR MANAGING INVESTMENT RETURN AND RISK AND METHOD THEREOF - The present invention discloses an investment allocation system for managing investment return and risk and method thereof. The investment allocation system comprises a storage unit, a MDD computation unit, an operation unit, and an allocation process unit. The storage unit stores a threshold, first data sets comprising values of potential investments, and second data sets comprising values of benchmark assets. The MDD computation unit transforms the data sets into MDD sequences. The threshold is assigned to the first MDD sequence in order to obtain a corresponding kth-quantile thereof. Further, an operation unit inserts an object according to the kth-quantile into the second MDD sequence. The operation unit further divides the number of the second list of objects having smaller values than the object by the number of the whole second list of objects to obtain a consistency index. Also, an allocation process unit allocates assets by processing the consistency indexes. | 03-18-2010 |
| 20100076904 | APPARATUS AND METHODS FOR FACTS BASED TRADING - Apparatus and methods for providing a trading recommendation. The apparatus and methods may involve using information about events and reactions to the events. The events and the reactions may be used to identify an expected impact of the event on a market. The expected impact may be used to recommend investment vehicle trades. The methods may include receiving an information item that relates to an event; receiving a sentiment indicator corresponding to the item; assigning to the item a market impact weighting index that is at least partially based on the sentiment indicator; and, based at least partially on the market impact weighting index, selecting the trading recommendation from a database of trading recommendations. | 03-25-2010 |
| 20100076905 | SYSTEM AND METHOD FOR INCORPORATING MORTALITY RISK IN AN INVESTMENT PLANNING MODEL - A retirement planning method for computing possible future values of a portfolio of an investor. In one embodiment, the method includes the steps of (a) receiving a plurality of user inputs comprising an initial value of the portfolio and a current age of the investor; (b) providing data indicating one of cumulative probabilities of living to an age of death and cumulative probabilities dying at an age of death for persons of a given age group; (c) randomly drawing a number between 0 and 1 for the investor; (d) defining the randomly drawn number as one of said one of cumulative probabilities of living to an age of death and cumulative probabilities of dying at an age of death; (e) determining an age of death of the investor in accordance with said data based on the current age of the investor and the randomly drawn number; (f) computing a future value of the portfolio using the age of death of the investor determined in step (e), a predetermined rate of return, and the initial value of the portfolio; and (g) outputting the computed future value of the portfolio. | 03-25-2010 |
| 20100076906 | METHOD AND SYSTEM FOR USING QUANTITATIVE ANALYTICS ON A GRAPHICAL USER INTERFACE FOR ELECTRONIC TRADING - A method and system for providing a graphical user interface (GUI) for real-time market tracking, trading and display of financial note, bond, instrument and futures contract information for electronic trading. The method and system via the GUI allow display of Treasury note, Treasury bond, futures contract and other entities using quantitative analytics based on customizable real-time market data and customized static values for electronic trading. | 03-25-2010 |
| 20100076907 | METHOD AND SYSTEM FOR AUTOMATICALLY INPUTTING, MONITORING AND TRADING RISK- CONTROLLED SPREADS - A method and system for providing dynamic display of electronic trading information for trading risk-controlled spreads. The method and system allow spreads to be automatically inputted, executed, monitored and managed via plural different risk controls on one or more trading exchanges. The method and system provide automatic readjustment of desired market limit prices using one or more pre-determined spread trading risk factors and market depth information to maintain a desired price differential and a desired risk level for the automatic risk-controlled spread. | 03-25-2010 |
| 20100082500 | INTERACTION WITH TRADING SYSTEMS - A trading platform and trading method that allows access to additional pools of liquidity is described. Other embodiments are also described | 04-01-2010 |
| 20100082501 | METHOD AND SYSTEM FOR FINANCIAL ADVISING - A method of financial advising comprises performing, by a computer, a simulation of an investment allocation over a predetermined time period. The computer determines, using the simulation of the investment allocation, a plurality of upper and lower boundary portfolio values. Each upper boundary portfolio value comprises an amount of money calculated to provide a first predetermined likelihood of exceeding a value for a client goal from a present date until a corresponding date. Each lower boundary portfolio value comprise an amount of money calculated to provide a second predetermined likelihood of exceeding the value for the goal from a present date until the corresponding date. The computer determines a plurality of anticipated future portfolio values and an estimated chance that the anticipated future portfolio values will be greater than the upper boundary portfolio value or less than the lower boundary portfolio value on a corresponding date. | 04-01-2010 |
| 20100082502 | INVESTMENT ALLOCATION SYSTEM FOR MANAGING INVESTMENT RETURN AND RISK AND METHOD THEREOF - The present invention discloses an investment allocation system for managing investment return and risk and method thereof. The investment allocation system comprises a storage unit, a return rate computation unit, a standard deviation computation unit, an operation unit, and an allocation process unit. The storage unit stores a threshold, first data sets, and second data sets. The return rate computation unit transforms the data sets into return rate sequences. The standard deviation computation unit transforms the return rate sequences into standard deviation sequences. The threshold is assigned to the first standard deviation sequence in order to obtain a corresponding kth-quantile thereof. Further, an operation unit locates an object according in the kth-quantile into the second standard deviation sequence. The operation unit further processes the second standard deviation sequence to obtain a robustness index. Also, an allocation process unit allocates assets by processing the robustness indexes. | 04-01-2010 |
| 20100088249 | Trade Risk Management - Disclosed herein is a computer implemented method and system for managing financial risk involved in trading of multiple financial instruments between multiple counterparties. A risk profile is determined for each of the counterparties based on transaction data provided by the counterparties. The transaction data relates to trading of the financial instruments. Individual prices for multiple predefined maturity periods of the financial instruments are provided by the counterparties based on the risk profile. A consensus price is created for each of the predefined maturity periods based on the individual prices. The created consensus price is compared with each of the individual prices provided by each of the counterparties. The financial risk is computed for each of the counterparties based on multiple predefined parameters and the comparison. The computed financial risk of each of the counterparties is modified by each of the counterparties for the management of the financial risk. | 04-08-2010 |
| 20100088250 | Auction Method and Platform - A computer system and method evaluates and auctions financial instruments on a networked auction platform. The auction platform may be accessed via the Internet. Auction participants that have provided required participant information are registered in a database, and may include one or more registered sellers and registered buyers. An inventory of a registered seller's financial instruments is received and stored via the auction platform. An auction event is initiated the inventoried financial instruments in response to an auction request. Direct, integrated access is provided to a data and analytics tool that provides cash flow modeling that allows investment cash flow analysis and assessment of underlying risk of default based upon assumptions input by a registered buyer and past performance data. The cash flow analysis and risk assessment may be used by the registered buyer to determine a bid price or bid range for the financial instrument, or a decision not to bid may be made. | 04-08-2010 |
| 20100094771 | SYSTEM AND METHOD FOR OPERATING A PRINCIPAL PRESERVATION FUND BASED UPON OPTION COST PER WEEK - Disclosed is a system and method for operating an investment account which provides a predetermined level of principle preservation while achieving growth by investing gains from zero or low-risk stable investments into options. In one form, the investment account may be owned by an individual investor or by a number of investors, such as in the form of a mutual fund. In yet another form, business logic may be programmed to automatically select the options based upon their associated premium cost per week until expiration. | 04-15-2010 |
| 20100094772 | COMPUTERIZED METHOD AND SYSTEM FOR SCALE TRADING - Disclosed embodiments include computer-implemented methods and systems that permit a market participant to automatically scale a block order into relatively smaller, incrementally priced scale trade component orders based on scale order parameters (such as price and size) provided by the market participant. The scale orders may continue automatically, without the need for further intervention from the market participant, until the total number of shares specified by the market participant is accumulated or sold. Some embodiments also permit the market participant to automatically submit opposite-side profit-taking component orders against the market participant's original scale order components. The profit-taking orders can be automatically created and submitted when the original scale order component has executed. | 04-15-2010 |
| 20100094773 | WEB BASED VALUATION GAME - A web enabled game analyzes businesses by categorizing companies by markets then drilling down to data charts including interactive assessment of private and public company values within those markets. | 04-15-2010 |
| 20100094774 | INTERACTIVE AND COLLABORATIVE FINANCIAL CUSTOMER EXPERIENCE APPLICATION - Systems, methods, and computer program products are provided for an interactive financial customer experience that allows collaboratively selecting financial products for a customer. The customer experience assesses the customer's life events and subsequently uses the life events and the proximate date of occurrence of the life events to determine financial product recommendations and offers for the customer. Additionally, the customer experience may assess the customer's life interests and/or financial portfolio to further determine financial product recommendations and offers. The financial product recommendations, along with other financial product options, may be presented to the customer and financial institution associate in a user-friendly platform that further accentuates the collaborative nature of the financial product selection process. | 04-15-2010 |
| 20100094775 | LIST EXECUTION AND CASH BALANCING - The present invention maintains a list of potential buy and sell opportunities tracking available liquidity at the best price displayed on the market in real time. When a block opportunity arises that would violate the constraints (e.g., cash balancing constraints), the subject system will consider if there are enough opportunities to trade on the market on the opposite side to bring the cash position back within the specified constraints. If cash balance can potentially be re-established by accessing displayed liquidity at the current best prices, the block execution is accepted and orders are automatically sent out to access this liquidity. | 04-15-2010 |
| 20100094776 | Combined Loan and Investment System and Method - A combined loan and investment program comprises a computer processor and program code configured to be executed by the computer processor to process financial loan and investment data by calculating from the data interest and principal loan payments on a loan principal at a given rate and term, calculating investment performance data on a periodic principal investment deposit at a given rate and calculating loan principal amortization parameters as a function of the investment performance data. The present invention provides a method for paying off a mortgage and simultaneously generating wealth via an investment account by making a payment to a mortgagee, dividing the payment, applying a first portion of the payment to satisfy the interest due on the mortgage, applying a second portion of the payment to an investment account, allowing the investment account to grow and applying a portion of the investment account to satisfy the mortgage. | 04-15-2010 |
| 20100094777 | METHOD AND SYSTEM FOR PROVIDING AUTOMATIC EXECUTION OF RISK-CONTROLLED SYNTHETIC TRADING ENTITIES - A method and system for automatic execution of risk-controlled synthetic trading entities. Risk parameters are generated for two or more real trading entities that comprise a synthetic trading entity. Risk assessments are generated for the resulting synthetic trading entity from the risk parameters. Current and historical trading information is used to generate the risk parameters and risk assessments. Market prices for the real trading entities to keep the automatic risk-controlled synthetic trading entity at a desired synthetic market price level whenever selected risk assessments exceed one or more pre-determined risk thresholds. | 04-15-2010 |
| 20100094778 | SYSTEMS AND METHODS FOR SCHEDULING CONTRIBUTIONS TO A RETIREMENT SAVINGS PLAN - Computer-based systems and methods are described for generating personalized, automated contribution strategies for scheduling contributions to a retirement savings plan or other savings plan. Embodiments of the systems and methods provide visual and other educational displays to assist a client in choosing a suitable savings contribution strategy that may take into account at least one of the set consisting of: details of an employer-sponsored savings fund available to the client which may include opportunities for employer matching-funds, acceptable portion of standard-of-living increases derived from salary raises that the client is willing to contribute to a savings plan, client's current savings behavior and value of savings portfolio, effects of the stochastic nature of future investment portfolio value, and changing federal tax regulations. Clients may use the systems for educational and planning purposes and/or may authorize automated triggering of contributions with scheduled increases and/or decreases as specified by the selected plan. | 04-15-2010 |
| 20100100500 | Calculation of a Price of a Security Based on Volatility Detection - Amongst other things, a computer implemented method for releasing a security for trading in a trading venue includes determining volatility in prices of quotations for a security before the security is released for trading; comparing the determined volatility to a volatility threshold; calculating an adjusted price of the quotations based on the output of the determined volatility in the prices; sending a message to release the security for trading, with the security having the adjusted price that is based on the outcome of comparing | 04-22-2010 |
| 20100100501 | Financial instrument based on content and methods for valuation - The present invention is a system and methods by which an investment vehicle can be established that is directed to one or a very limited specific form of content. More specifically, the system and methods of the present invention creates a financial instrument directed to specific content—such as a specific technology or specific artistic or literary work—that may be issued, thereby providing investors with the opportunity to invest in the specific content or aspect of that specific content. | 04-22-2010 |
| 20100100502 | SYSTEM AND METHODS TO PROVIDE FOR AND COMMUNICATE ABOUT SAFER AND BETTER RETURNING ASSET-LIABILITY INVESTMENT PROGRAMS - A data processing system compiles information about account holders, holdings, and other investment-related information. A hypothetical portfolio is generated to provide for a specified payout stream over a defined period of time, statistically evaluated, and compared by means of scaling to determine the best fit scale of the portfolio to the defined criteria. The composition of this scaled portfolio in comparison with the composition of the available assets defines a series of trades. The composition of the level of payout that can be expected to be supported by the new composition of available assets defines a series of insurance trades. Insurance providers can impose limitations and requirements on the assets managed by limiting or stipulating certain settings that a given account can be allowed to have. | 04-22-2010 |
| 20100100503 | USER INTERFACE TAB STRIP - A method and apparatus for reducing the amount of time for a user to switch markets for a particular contract include market tab strips that allow a user to switch quickly between markets for a particular contract without having to reconfigure the user preferences. Typically, in the prior art, a user will have to reconfigure the market window layout if switching between markets. A market tab strip allows a user to switch between different markets for a particular contract without having to spend time reconfiguring the market window. | 04-22-2010 |
| 20100100504 | System and Method for Price-Based Annotations in an Electronic Trading Environment - A system and method for generating and displaying annotations in relation to one or more prices corresponding to trader-related or market related events are described. In one embodiment, a trader may enter an annotation to be displayed in relation to one or more price levels. Alternatively, a trader may configure a dynamic annotation to be dynamically displayed in relation to some price level(s) upon detecting a predetermined event related to one or more tradeable objects. Also, a trader may configure one or more alarms to be displayed or played in combination with the annotations. | 04-22-2010 |
| 20100106664 | RETIREMENT INCOME OPTION - An option is provided to hedge against the risk of a reduction in retirement benefits or a change in the timing of when such benefits are received. The option may also be used to hedge against reductions in returns from Social Security and retirement savings plans. The option is standardized in that it provides protection against an identifiable set of potential modifications to Social Security retirement benefits and the timing of such benefits as well as reductions in returns from retirement savings plans. At the same time, each option is customized for each purchaser based upon the purchaser's age, income level, investment mix, desired return and other factors. | 04-29-2010 |
| 20100114794 | PREDICTION OF FINANCIAL PERFORMANCE FOR A GIVEN PORTFOLIO OF MARKETING INVESTMENTS - Methods, systems, and computer program products are provided for quantifying financial impact of marketing investments. Time series data describing the financial performance generated by corresponding marketing investments that are made as a function of time is provided to configure an econometric model. The econometric model, which describes a linear relationship between the financial performance and the corresponding marketing investments, is transformed into an aggregated non-linear econometric model that includes non-linear factors causing the financial performance to change at a varying rate as a function of the marketing investments. | 05-06-2010 |
| 20100114795 | Stock broker social-professional website system - A broker social-professional website Internet system for registered stock brokers and investment brokers includes: A) a website and at least one host server, the website having sufficient software to provide a first level of use, a second level of use, a broker-related professional information center, and capacity to verify a professional broker member's approval by independent verification, either from a second, independent website or from stored, updated third party verification data. The first level of use, a professional broker member level, enables a professional broker to use the website to become a verified member, and, once verified, to input personal data and professional data. The second level of use for a second level user includes viewing features and at least some read only features for a user who is not a verified member, and, thus, a second level user. The broker-related professional information center provides at least one feature selected from the group consisting of a knowledge base, a blog, a chat room, a one-on-one chat room within the first level, a one-on-one chat room that includes the first level and the second level. | 05-06-2010 |
| 20100114796 | COMPUTER PROGRAM PRODUCT FOR SELECTING AN INVESTMENT PORTFOLIO BASED IN PART ON SOCIALLY RESPONSIBLE INVESTING CONSIDERATIONS - A computer program product is provided for selecting a recommended investment portfolio based in part on socially responsible considerations. A portfolio of securities is identified for potential inclusion in the recommended investment portfolio. Socially responsible investing (SRI) scores are provided for the identified securities, and the identified securities are ranked relative to each other based on their SRI scores in a computerized ranking engine. A processor receives an entry of initial weightings for each of the identified securities, or data by which initial weightings for each of the identified securities can be objectively calculated; the ranking of the identified securities based on their SRI scores; and an SRI multiplier algorithm that is correlated with the relative ranking. The initial weightings or the data are unadjusted by socially responsible considerations. The processor uses a weighting calculation engine to calculate adjusted weightings for the portfolio of securities using at least the entered items. Securities having higher ranked SRI scores relative to other securities receive greater weightings, and the weightings include non-binary weightings. The processor outputs the adjusted weightings for the portfolio of securities. The adjusted weightings are used to select the recommended investment portfolio based in part on socially responsible considerations. | 05-06-2010 |
| 20100114797 | OPEN END MUTUAL FUND SECURITIZATION PROCESS - A computer implemented system is provided for exchanging shares in an exchange traded product. A display is provided for displaying data representing shares of an exchange traded product comprising a leveraged portfolio of securities satisfying capitalization and performance criteria, the securities within the portfolio being weighted and having an expected future performance return greater than securities comprising a benchmark. The leveraged exchange traded product is configured for trading shares of the leveraged exchange traded product at a real time determined price related to the underlying price of each of the selected securities comprising the leveraged exchange traded product and related to the respective weightings of the selected securities. The exchange traded product can be open ended. An exchange computer is also provided for processing the exchange of the shares at a price related to the price of the securities within the leveraged portfolio, the exchange computer being configured to transmit data indicative of trades which occur intra-day over a communication network to an exchange clearing computer. | 05-06-2010 |
| 20100121778 | Systems and Methods for Providing a Secure Financial Plan - One embodiment of the disclosure is a method for providing a secure financial plan that includes allocating all or a portion of a financial contribution to a financial account having a plurality of financial investments, periodically distributing a balance of the financial account such that a first portion of the balance of the financial account is invested in one or more investments from the of the high risk investment category and a second portion of the balance of the financial account is invested in one or more investments from the low risk investment category, such that a ratio of the first portion to the second portion is generally decreased over a period of time. The method further includes determining a base value, calculating a protected value, and an income amount based on the protected value that a beneficiary is guaranteed to receive on a periodic basis. | 05-13-2010 |
| 20100121779 | Systems and Methods for Transferring Risk Associated With a Financial Plan - One embodiment of the disclosure is a method, performed by a sponsor offering a financial plan to a customer, for transferring risk associated with a financial plan that includes receiving indemnification from an issuer managing the financial plan, such that the indemnification indemnifies the sponsor of the financial for one or more claims brought by the customer of the financial plan and associated with a financial account, such that the financial account is associated with the financial plan and comprising one or more financial investments. The method further includes generating a notice to the customer, such that the notice notifies the customer of the customer's enrollment in the financial plan unless the customer elects to opt out of one or more features of the financial plan, such that the notice includes an opt-out. The method further includes storing an acknowledgement of the opt-out by the customer. | 05-13-2010 |
| 20100121780 | SYSTEM AND METHOD FOR GENERATING A TRANSACTIONABLE MULTIMEDIA FINANCIAL PLANNING STATEMENT - A system and method for providing a secure electronic transactionable multimedia financial planning statement to a financial plan holder, in which financial goals are obtained, financial holdings of the plan holder are analyzed, and the financial statement is provided to the plan holder. The financial statement includes a summary of financial information with an analysis of the financial holdings, an identification of weaknesses in the financial holdings, and suggestions to the financial plan holder to remedy the weaknesses in the financial holdings. Moreover, a transaction option is provided in the electronic financial statement, which enables the plan holder to execute one or more transactions. A multi-media interpretation is provided within the statement to provide the financial plan holder with training, guidance, and to answer questions submitted by the plan holder. | 05-13-2010 |
| 20100121781 | Mechanisms for illustrating the choices in an optimal solution to a set of business choices - The invention consists of a means of illustrating how each investment in a portfolio of investments is expected to contribute to the total business value of the portfolio, subject to any overall investment budget constraint, while also showing the level of uncertainty around each expected value. This enables the investor to understand the contribution to total value provided by each investment, thereby enabling better decision-making about investments within a portfolio. | 05-13-2010 |
| 20100121782 | Systems and Methods for Analysis of Portfolio Returns and Trade Cost Measurement Based on Fiduciary Roles - Preferred embodiments of the present invention comprise, for example, a method for measuring trade costs, comprising ( | 05-13-2010 |
| 20100121783 | Pension Fund Systems - There is provided a computer-implemented method of estimating a capital reserve requirement to cover the longevity risk exposure of a financial instrument in the case of a future longevity shock, the financial instrument undertaking to pay to an investor sums according to a payment schedule of amounts arranged to match with the future cash flow obligations of a pension scheme to at least a portion of its members. The method comprises: (a) calculating, using computing apparatus, an expected payment schedule of the financial instrument by calculating what the cash flow obligations of the pension scheme to its relevant members would be in the case of an expected longevity scenario for the pension scheme membership occurring; (b) calculating, using computing apparatus, a present value of the financial instrument in the case of a stressed longevity scenario for the pension scheme membership in which a longevity-related shock to the expected longevity scenario of the pension scheme membership occurs; and (c) calculating, using computing apparatus and using the calculations of the expected payment schedule and a present value of the financial instrument in the case of a stressed longevity scenario, an estimate of the longevity capital reserve required to ensure that the future cash flow obligations of the financial instrument would be covered in the event that the stressed longevity scenario were to occur. | 05-13-2010 |
| 20100121784 | Pension Fund Systems - The invention provides a computer implemented method of establishing a longevity financial instrument, the method comprising: establishing, using computing apparatus, a set of parameters determining payment amounts to be made according to a payment schedule for the financial instrument such that the payment amounts relate to the future liabilities of a pension scheme to at least a portion of its members. The parameters may determine the payment amounts to match the a calculation of the future liabilities of the pension scheme to at least a portion of its members, taking into account the actual cumulative mortality experience of the pension scheme membership. The various embodiments of the method provide a number of longevity financial instruments that have different payment schedules that are advantageously arranged to match different risk profiles and can be used to satisfy pension scheme sponsors having different risk appetites. The invention also provides methods of issuing longevity financial instruments established thus, and providing such longevity financial instruments to investors. The invention also provides financial instruments thus established and issued. | 05-13-2010 |
| 20100121785 | Pension Fund Systems - There is provided a method of securitizing a pension fund associated with a pension scheme, comprising: calculating, using data processing apparatus, the expected liabilities of a pension scheme to at least a portion of its members taking into account an expected mortality of the scheme members; issuing from a securities issuing entity a financial instrument which undertakes to pay to an investor a cash flow according to a payment schedule, said expected liabilities being establishing as the initial payment schedule of a financial instrument; exchanging financial instrument with assets held by pension fund; and supporting the securities issuing entity in issuing the financial instrument by providing risk capital to the securities issuing entity; wherein the risk capital is initially provided by at least three separate equity investor entities. One of the equity investor entities may be the corporate sponsor of the pension scheme. Alternatively the risk capital is initially provided by the corporate sponsor of the pension scheme. | 05-13-2010 |
| 20100121786 | SYSTEMS AND METHODS FOR IMPROVING INVESTMENT PERFORMANCE - Methods for a data processor implemented system monitor for enabling persons to turn over the allocation their investment assets, and/or receive assistance concerning how to receive disbursements from investments, in a manner that is free from or ameliorates the traditional conflicts of interest in previous systems. The methods are adapted to ameliorate the tension between other functions where the compensation may be affected by asset allocation. The systems and methods collect, monitor, and direct information from persons who hold indicative data, e.g., employers, to provide professional asset allocation services including automatic allocation, rebalancing, and reallocation of investment assets, on a regular basis; as well as assistance in determining how much to save or how to receive disbursements in a manner that ameliorates conflicts of interest, which, in the case of employee benefit plans, is consistent with the regulatory restraints of ERISA. | 05-13-2010 |
| 20100121787 | HEDGING RISKS ASSOCIATED WITH VARIABLE PRICED ORDERS FOR DERIVATIVE FINANCIAL PRODUCTS - Systems and methods are provided for executing a hedge transaction in connection with the execution of a derivative product order in which the price of the derivative product is defined by one or more variables. The hedge transaction may be executed at an exchange or match engine that is different from the exchange or match engine executing the derivative product order. The execution of derivative product transaction may be contingent on the existence of an appropriate hedge transaction. Alternatively, a best efforts approach may be used to fill the hedge transaction order after executing the derivative product transaction. | 05-13-2010 |
| 20100125532 | METHOD AND APPARATUS FOR MODELING ECONOMIC CONDITIONS AS APPLIED TO MULTIPLE RISK GRADES - A computerized method includes scoring a plurality of loans, and banding the plurality of loans into risk pools on the basis of the scores associated with the plurality of loans. The computerized method also includes modeling a change in y-intercept and slope of the natural log of the odds to the loan scores relationship, using that predicted log odds to calculate the probability of default for the plurality of risk pools over time as a function of a set of macro-economic data. A machine readable medium provides instructions that, when executed by a machine, cause the machine to perform the above on a system for determining an amount of capital to hold in reserve for a plurality of loan risk pools and to set strategies for managing risk for a plurality of risk pools. | 05-20-2010 |
| 20100125533 | LIQUIDITY MANAGEMENT METHOD AND APPARATUS - A computer system is operated to allow an existing investor to keep an investment in an alternative investment fund, even though the existing investor lacks the funds to pay for the unfunded capital commitments by transferring a percentage of the obligation to fund future commitment to a prospective investor. An agreement maintains privity of contract between the existing investor and the investment vehicle (a Separate Account) comprised of a fund investment manager and an investor and is managed by a fund manager for the prospective investor. The computer system operates to execute the terms of the contract such that the existing investor receives distributions from investments in the underlying alternative investment fund after payment of amounts due to the Separate Account in preference to the existing investor. | 05-20-2010 |
| 20100125534 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR PROVIDING REAL TIME ANALYTIC WIDGETS IN A FINANCIAL TRADING SYSTEM - Methods, systems, and computer program products are provided for providing real time analytics and monitoring to a user of a securities trading system. In one embodiment, a list of one or more securities may be selected from a trading blotter and a widget engine may obtain one or more analytics for the list of one or more securities based on real time market and/or transaction cost data. The widget engine may display a graphical representation of the analytics in a manner that compliments the workflow of a trader. The graphical representation may be automatically updated based on real-time market data. | 05-20-2010 |
| 20100125535 | Fair Value Model for Futures - A computer implemented method and system for determining fair-value prices of a futures contract of index i having foreign constituent securities includes using a computer to receive electronic data for the index i. A computer can be used to calculate alpha (α) and beta (β) coefficients using a regression analysis. The alpha (α) coefficient represents a risk-adjusted measure of return on the index i, and the beta (β) coefficient represents a metric that is related to a correlation between an overnight return of the index i and a proxy market. A computer can receive a settlement price (SETT | 05-20-2010 |
| 20100131422 | SYSTEM, METHOD, AND COMPUTER READABLE MEDIUM FOR ALLOCATING DIVIDENDS TO A BLOCK OF COMMON STOCK SHARES - A system, a method, and a computer readable medium for allocating dividends to a block of common stock shares are provided. The method includes selling a plurality of Class A common stock shares associated with a company, and selling a plurality of Class No-Dividend common stock shares associated with the company, that form the block of common stock shares. The method further includes determining a total dividend amount for the block of common stock shares. The method further includes allocating a first percentage of the total dividend amount to the plurality of Class A common stock shares, and allocating a second percentage of the total dividend amount to the plurality of Class No-Dividend common stock shares. The method further includes performing a share buyback of a predetermined number of Class No-Dividend common stock shares of the plurality of Class No-Dividend common stock shares, utilizing a monetary amount substantially equal to the second percentage of the total dividend amount. | 05-27-2010 |
| 20100131423 | SYSTEM AND METHOD FOR ADMINISTERING A DESTINATION FUND HAVING AN ASSOCIATED GUARANTEE - A system is provided for administering a destination fund having a guarantee wrapper. The guarantee provides an income stream for life to one or more investors. The destination fund has a selected mix of equities and fixed income investments to provide for enhanced returns throughout retirement for the investor. The destination fund additionally provides income stream flexibility throughout the lifetime of the investor. Administration of a destination fund having a guarantee wrapper may include initiating a guarantee payment process if a value of the destination fund falls below a threshold. | 05-27-2010 |
| 20100131424 | SYSTEM AND METHOD FOR MANAGING AND INDEMNIFYING COMMERCIAL PAPER - In various embodiments, a computer-implemented method and system of managing and indemnifying commercial paper by a trustee over a computer network includes receiving, in a processor and over the network, an indication of a proposed short-term secured investment transaction from one or more parties to the transaction, said indication including one or more illiquid and non-current assets proposed as collateral for the investment transaction; evaluating, by the processor, an asset value of the one or more illiquid and non-current assets; applying, by the processor, a discount factor to the asset value in response to either an operator input or a predetermined discount factor stored in a database, or a combination thereof; determining, by the processor, whether the applied discount factor and a resulting discounted asset value is acceptable to the trustee and at least one party to the proposed secured investment transaction that is considering providing investment funds for the transaction; if the resulting discounted asset value is acceptable to the trustee and the at least one party, and if the proposed secured investment transaction is consummated, establishing, by the processor, a trust account in a database in which at least documents representing a transfer of title of the one or more illiquid and non-current assets are stored. | 05-27-2010 |
| 20100131425 | Pension Fund Systems - There is provided a computer-implemented method of projecting the future cash flows of a pension scheme, comprising: receiving data representative of the members of the pension scheme; receiving data representative of a mortality assumption; calculating, using data processing apparatus, for each pension scheme member, a projection of the future cash flow liabilities of the pension scheme to that member on the basis of the pension scheme member data and by applying the mortality assumption data to the pension scheme member data; and generating, using data processing apparatus, data representative of a projected liability cash flow of the pension scheme to all of its members by aggregating the liabilities to each member. | 05-27-2010 |
| 20100131426 | Method and Apparatus for Issuance of Trade of Real Estate Notes - An electronic system—and associated method—for creating, marketing, and selling real estate notes, represented by a fixed income contract with a periodic payment based on a rate of return and a term, is provided. A system and method for providing a liquid market for real estate notes is also provided. The system includes, a central controller, coupled to a network, having a trading system that processes the purchase and sale real estate mortgage based notes, an investor interface with which investors communicate with the central controller, and a real estate mortgage owner interface with which real estate mortgage owners communicate with the server. A real estate mortgage owner creates, through the system, a real estate mortgage based note offering, which is presented to a plurality of investors. Each investor may purchase the note with a purchase commitment. The investors may later trade the real estate note via the system. | 05-27-2010 |
| 20100131427 | System and Method for Chart Pattern Recognition and Analysis in an Electronic Trading Environment - A system and method are provided for chart pattern recognition and analysis. In one embodiment, a graphical interface is provided to enable a trader to select a portion of a chart to be used in the chart pattern analysis. The pattern of the selected portion of the chart could then be used to find one or more similar chart patterns in a user-defined timeframe, such as any future time period or a time period in the past. When a reoccurring chart pattern is found in any future time period, an alert signal can be generated to alert a user of a possibility of the chart pattern reoccurrence. Alternatively, chart pattern matches can be found in a time period in the past, and a set of studies can be applied to the found matches to generate a set of reoccurring indicator values. The reoccurring indicator values can be used in combination with the chart pattern to detect any similar chart patterns in the future. | 05-27-2010 |
| 20100138356 | SYSTEM AND METHOD FOR MANAGING AND VALUATING FINANCIAL INSTRUMENTS USING CUMULATIVE SUBPOSITIONS - A system, method, and data structure for managing hedging relationships among stored transaction data. In an embodiment, the system opens a position associated with a valuation area, identifies a quantity of position assets to be hedged, and splits the position into a pair of subpositions, wherein the first subposition stores the quantity of position assets to be hedged and the second subposition stores a remaining quantity of position assets. In an embodiment, the system stores the subpositions, wherein it applies a first set of accounting rules to the first subposition and a second set of accounting rules to the second subposition. | 06-03-2010 |
| 20100138357 | TRADING SYSTEM - Systems and methods for facilitating trade idea utilization. In one embodiment, the method comprises creating a plurality of data grouping for new trade ideas, where each trade idea is associated with one or more financial products that are identified by an identifier in a financial product taxonomy. The trade idea is presented to an investor via a computer-based user interface. The investor may make the trade through the user interface. | 06-03-2010 |
| 20100138358 | Springing Interests Flowing from Benefits that Run with the Land - Methods, systems and kits are described for transmuting ownership interests in real property by generating springing interests flowing from benefits that run with land. A method includes before a first transfer from an original value-adding owner to a second owner conferring a benefit that runs with at least one piece of real estate; and then attaching a covenant to the at least one piece of real estate, the covenant granting a springing interest that shall vest at a time of one or more subsequent transfers of the at least one piece of real estate in, consideration of the benefit. | 06-03-2010 |
| 20100138359 | SYSTEM AND METHOD FOR FACILITATING BUSINESS & INSURANCE AND/OR ESTATE PLANNING - A tangible computer-readable medium having stored thereon, computer-executable instructions that, if executed by a system, cause the system to perform a method including: receiving information indicative of a plurality of financial related plans; receiving information indicative of a plurality of future events; and presenting a visual matrix including additional information about each of the plurality of financial plans, based at least in part upon a product of a probability of at least one of the plurality of future events occurring and a return of each of the financial related plans if the at least one of the future events occurs. | 06-03-2010 |
| 20100138360 | Financial market replicator and simulator - A financial market replicator, simulator, and trainer/annotator (FMRS) intermixes and records data streams of real time financial market data from a variety of sources. The FMRS replays such recorded data to simulate the real time financial market(s) in a manner that represents substantially the entirety of information relating to the financial market(s) such that an observer would have difficulty differentiating between the simulator playback of the data and real time data. A user may employ the playback of the recorded market data stream as a research and training tool for developing and executing trading strategies. For example, a user may input simulated trades of securities to test a trading strategy. The simulator would apply those trades to the recorded data to generate simulated trades and simulated profit and loss results. A user may then determine if the trading strategy would have been successful. In addition, a user may alter the recording and playback parameters to provide various opportunities for studying market activity and/or altering the level of challenge of the simulation. A user may also freeze the simulator playback in order to explore the interactive and collective behaviors of the market's participants and the securities they trade. | 06-03-2010 |
| 20100138361 | SYSTEM AND METHOD OF SECURITY PRICING FOR PORTFOLIO MANAGEMENT SYSTEM - A portfolio pricing system and method can include a database receiving multiple feeds, an analytics server in communication with the database, and an accounting server. The analytics server can include a pricing algorithm that assigns prices to the analytics server and the accounting server according to a hierarchy that selects the most reliable source for each type of security. The reliability may be determined within a date range or according to the source of the price. | 06-03-2010 |
| 20100138362 | Methods and Systems For Commoditizing Interest Rate Swap Transfers - A method, system, and financial products for trading a commoditized claim. The claim obligates one party to pay on demand to a second party an amount, for value rolling spot, transparently determined with reference to a market quote for spot-starting benchmark interest rate swap contracts of pre-specified tenor. The claim is denominated in terms of the sensitivity of present value to a one basis point yield change (“PV01”). The claim may be a debt obligation of a third-party and may be open-ended. Embodiments of the claim closely replicate interest rate swap risk profiles and permanently track benchmark quotes, and do so within a simplified operational framework. There is a linear intra-day and index-linked overnight relationship between (i) the market rate for the pre-specified grid-point constant maturity swap and (ii) the payment obligation. Securitized, bilateral, OTC and futures contract embodiments are disclosed. | 06-03-2010 |
| 20100145873 | A Mass Customizable Interactive, Multi-Faceted System For Data Collection, Processing, Analysis, Transmission, And Trading In Securities - A mass customizable interactive, multi-faceted system for data collection, processing, analysis, transmission, and trading in securities comprising a multidimensional database, hardware including a network of computers, software including internet browsers and software programs, wherein variables are presented to different users to allow each user to generate personalized financial product portfolio and set filters that control the presentation of information relating to their own financial news, research and/or trading. | 06-10-2010 |
| 20100145874 | METHOD AND APPARATUS FOR MULTI-LEG TRADING - Trading of multi-leg strategies is facilitated by a computerized system and method that enables a trader to efficiently define and trade a multi-leg instrument while minimizing leg risk. The multi-leg instrument may be defined to include one or more execution triggers, such as contingencies that delay submittal of trade orders for contingent leg instruments until the contingencies are met, and dynamic re-pricing that re-prices the leg instruments when a market update is received. The precise method of execution will vary according to how the multi-leg instrument is configured. Trade orders for contingent legs (including contingent legs configured for dynamic re-pricing) are held in abeyance until all contingencies have been met. Trade orders for non-contingent dynamically re-priced legs are submitted immediately at a leg price and leg quantity. Trade orders for non-contingent, non-dynamically re-priced legs are submitted to an exchange when the market crosses the multi-leg instrument (i.e., when current market data reflects that all legs of the multi-leg instrument is available for acquisition at the leg price and leg quantity). For any leg which is not fully filled after an initial trade order for that leg is submitted, a subsequent trade order will be sent for the remaining leg quantity at a leg price that is determined based on the fill price of all fully and partially filled legs. | 06-10-2010 |
| 20100145875 | FOR AND METHOD OF PROVIDING PORTFOLIO RISK INFORMATION TO INVESTORS WITHOUT REVEALING POSITION INFORMATION - A system for and method of providing investors with risk information regarding a portfolio, while protecting a strategy associated with the portfolio from public disclosure, is presented. The information allows investors to calculate a variety of risk statistics at virtually any level of granularity in analyzing divisions of the portfolio. The system and method also provide benefits for portfolio managers. Specifically, a portfolio manager may release detailed simulated returns, from which investors may calculate a variety of risk statistics, without revealing position information sufficient for the investors to reverse engineer a strategy associated with the portfolio. | 06-10-2010 |
| 20100145876 | Apparatus and method of a distributed capital system - Methods, systems, and articles of manufacture consistent with the present invention provide for conducting financial transactions over a network. A user requests to execute at least one financial transaction with at least one of a number of parties, each of the parties corresponding to a data processing system on the network. Real-time financial information relating to the financial transaction is obtained, and the user can test and confirm that the financial transaction with the at least one party can take place prior to execution of the financial transaction. | 06-10-2010 |
| 20100145877 | Method and System of Enabling Investment in Real Estate Assets in Exchange for Periodic Payments - A method and system of enabling an investor to invest in real estate asset in exchange for periodic payments to the owner of the real estate asset includes: a) receiving from the investor criteria for investments in real estate assets, b) obtaining a plurality of applications from the owners of their real estate assets who desire to exchange an interest in potential future appreciation of their respective real estate assets for periodic payments from an investor, each of the applications including information pertaining to the respective owner and to its real estate asset, c) storing the investor criteria and the information pertaining to the owner and its real estate asset, d) reviewing the plurality of applications to determine whether the information in the applications matches the investor criteria, and e) for those of the plurality of applications having information that matches the investor criteria, facilitating each investor to enter into individual contracts with selected ones of the corresponding owners to exchange the periodic payments for an interest in said potential future appreciation of the corresponding real estate assets of selected owners. | 06-10-2010 |
| 20100145878 | Systems, methods and computer programs for financial data evaluation - Systems and methods are provided for evaluating financial information, including systems and methods with computational/evaluation capability to process data sets comprising financial data. In one of the implementations, the systems and methods may be utilized for asset accounting. A calculation module may be provided that includes an evaluation engine that operates internally on a flat, generic data structure that is independent of the particular application. The externally-defined data structure of the data set may be mapped onto the internal data structure. Further, rules-based modules may provide information related to the client-defined rules. A user interface may enable a user to receive back the evaluated financial information, for a specified time period, the financial information being responsive to an original user request entered via the user interface. As a result, the evaluation engine can be used for a variety of different applications. | 06-10-2010 |
| 20100145879 | SYSTEM AND METHOD FOR GENERATING A LEVERAGED INVESTMENT PLAN TO PROVIDE EDUCATIONAL FUNDS - A system and method are provided for developing a leveraged investment plan to cover for higher education costs. The system may have an interface layer, which may have a data input module for entering financial information. The interface layer may further include a counselor/back office override module permitting a user to modify the financial information, or any dependent calculation. The system may further have a middleware layer having a calculation module, a reports module, and a forms module, all connected to data storage in a data storage layer. The calculation module may be configured to generate asset targets based on the financial information entered and the anticipated college costs. The calculation module may then use the asset targets to generate an asset structuring plan having recommendations and strategies for reducing the amount of assets used to calculate financial aid awards. The asset structuring plan may further include recommendations and strategies for leveraging assets to provide income to cover higher educations expenses. The reports module may generate a plurality of reports detailing the asset structuring plan. The forms module may use the financial information entered in conjunction with the asset structuring plan to generate and pre populate financial aid forms for submission to financial aid providers. | 06-10-2010 |
| 20100145880 | Method and Apparatus for Providing Order Queue Information - A system and method for providing market information are disclosed. In this application, updates are received for a tradeable object at a price level from at least one exchange. To the extent that the updates do not include enough details to compute the number of orders resting at a particular price level in a market, estimation may be used to provide order queue information. As a result, the number of orders which are pending in the market at various price levels may be determined using the techniques described herein. The interface disclosed herein may be used to display the number and/or quantity of the orders in the order queue. | 06-10-2010 |
| 20100145881 | BUSINESS SYSTEM SIMULATOR - Users of a simulator gain skills for investing using a simulator. The simulator simulates a business system that conducts a market transaction. The simulator selects a set of factors from a plurality of sets; selects a current factor from the selected set; and determines a price in accordance with the current factor. The simulator further updates a financial position of the user of the simulator in response to a transaction; and performs the transaction in accordance with the price and an input from the user. The input from the user corresponds in content to an input to the business system. Consequently, the user develops skill in specifying market transactions to be conducted by reviewing changes in the user's financial position. The simulator may include a simulated competitor having a financial position affected by transactions according to a strategy of the competitor selected from a set of stored strategies. | 06-10-2010 |
| 20100153296 | Method of administering an investment fund providing a targeted payout schedule - An investment fund that offers shares to investors, which shares provide to their holders a predictable stream of payments over some period. Each payment in the stream of payments is scheduled to be made according to a targeted payment schedule that is established by the investment fund at the time of its creation. The investment fund receives purchase requests and funds from interested investors and invests the funds in securities that provide payments that are used to meet or approximate the targeted payment schedule. A preferred form of the investment fund invests the received funds in Treasuries whose interest or coupon payments and/or principal payments or maturities approximately map to the targeted payment schedule. Principal (or maturity) and interest (or coupon) payments made by the Treasuries are used to provide payments to the investors when such payments become due according to the targeted payment schedule. | 06-17-2010 |
| 20100153297 | Managing Consistent Interfaces for Credit Portfolio Business Objects Across Heterogeneous Systems - A business object model, which reflects data that is used during a given business transaction, is utilized to generate interfaces. This business object model facilitates commercial transactions by providing consistent interfaces that are suitable for use across industries, across businesses, and across different departments within a business during a business transaction. In some operations, software creates, updates, or otherwise processes information related to a credit portfolio model, a credit portfolio analytical result, a credit portfolio management process control, a financial instrument exposure profile analytical result, and/or a material supply and demand allocation business object. | 06-17-2010 |
| 20100153298 | COMPUTERIZED METHODS AND APPARATUSES FOR GUIDING A USER THROUGH A TRANSACTION TO CHANGE A CONTRIBUTION CONFIGURATION IN A DEFINED CONTRIBUTION PLAN - Described are computer-based methods and apparatuses, including computer program products, for guiding a user through a transaction to change a contribution configuration in a defined contribution plan. A request is received by an application from a client device. The application processes the request and plan data associated with a user is retrieved. User interface data is generated by the application and the data is transmitted to the client device. A user interface is displayed which initiates, reviews and executes a transaction to change a current contribution configuration to a suggested contribution configuration without requiring the user to enter any additional information. | 06-17-2010 |
| 20100153299 | METHODS AND SYSTEMS FOR GENERATING TRANSITION PROBABILITY MATRICES THROUGH AN OPTIMIZATION FRAMEWORK - A method for generating an optimized transition probability matrix (OTPM) is provided. The method is performed using a computer system coupled to a database. The method includes storing in the database financial data including obligor credit ratings, generating multi-period empirical transition probability matrices (ETPMs) for a selected time horizon using the financial data stored within the database, generating a mathematical expression to minimize a difference between target ETPM values and candidate OTPM values, and calculating the OTPM from the generated mathematical expression and the financial data stored within the database, wherein the calculated OTPM includes a first set of optimized transition probability values for predicting a likelihood that a credit rating of an obligor will migrate from one credit state to another credit state during a first time interval in the future. | 06-17-2010 |
| 20100153300 | DERIVATIVE TRADING STRATEGY BACKTESTING MACHINE - An automated information search, retrieval and reporting system, and more particularly, a system designed for the historical backtesting of financial market positions, for example, the simulation of the execution of derivative trading strategies. A user accesses data in a market information database via user interface by submitting queries in a near natural language format that define a desired derivative trading strategy with respect to one or more tradable securities. Historical daily price information about securities and derivatives are gathered and combined in a single location. Derivative relative data is created from the historical information and stored as a continuous historical series, wherein the derivative relative data is derived from each derivative's relative position to the underlying instrument with respect to price and date information. Reports express the results of the simulated execution of the derivative trading strategy that would have resulted from actual execution of the derivative trading strategy in the historical timeframe, including the daily profits and losses. | 06-17-2010 |
| 20100153301 | MORTGAGE AND REAL ESTATE DATA INTEGRATION AND PRESENTATION SYSTEM - A method of presenting real estate data is provided. A plurality of property listings can be presented, and a selection of one of the presented property listings may be received from a user. The user may be associated with a financial profile, which may be specified via user input. In response to receiving the selection by the user, at least one loan offer corresponding to the property listing may be automatically presented, for example, together with the property listing. The loan offer may be at least partially based on the financial profile, and may also be based on a property corresponding to the selected property listing. For example, the property listing and the financial profile may be automatically transmitted to one or more loan providers in response to receiving the selection by the user of the property listing, and in response loan offers may be received from some of the loan providers. | 06-17-2010 |
| 20100153302 | METHOD FOR HEDGING ONE OR MORE LIABILITIES ASSOCIATED WITH A DEFERRED COMPENSATION PLAN - The present invention relates to a method for hedging a deferred compensation liability. In one embodiment, the invention may provide a mechanism to hedge the compensation expense liabilities of an employer providing deferred compensation to one or more employees. | 06-17-2010 |
| 20100153303 | Financial activity based on natural events - A financial activity network includes a central managing system connected to a plurality of participant terminals. Rules governing operation of the financial activity are stored for future reference. A participant provides investment information such as a map location for the predicted strike by the natural event and, optionally, one or more secondary parameters relating to the natural event, such as the time interval between the time of investment and the time of an event strike and/or the severity of the event strike according to an established scale. In one example, an external objective independent information source is consulted, with the external objective independent information source providing monitoring, interpretation and derived determination of parameters pertaining to the natural event. Methods and articles of manufacture are also disclosed. | 06-17-2010 |
| 20100153304 | Systems And Methods For Providing Anonymous Requests For Quotes For Financial Instruments - Embodiments of the invention provide computer systems and methods for providing an anonymous request for quotation environment that enables sharing of confidential trading interest information without sacrificing anonymity or enabling information leakage. | 06-17-2010 |
| 20100153305 | SYSTEMS AND METHODS OF TRADING CLOSED LOANS, DEBT, AND OTHER FINANCIAL OBLIGATIONS - A method of trading individual, closed residential mortgage loans without loans being presented in a structured pool. The method includes authorizing a file associated with an individual, closed residential mortgage loan to be made available to a plurality of potential buyers and converting information in the file into electronic file data for submittal to the plurality of potential buyers. The information in the file includes information of importance to the potential buyer in understanding the loan. The method also includes making the electronic file data available to the plurality of potential buyers for review and purchase without pooling or averaging the electronic file data prior to making it available to the plurality of potential buyers, and prior to bidding, thereby making the risk of the individual, closed mortgage loan transparent to the plurality of potential buyers; receiving a bid from one or more of the potential buyers on the individual, closed residential mortgage loan; accepting the bid and forwarding a note associated with the file to a clearing agency for delivery to the potential buyer; and receiving funds from the clearing agency into a seller account as payment for the individual, closed residential mortgage loan. | 06-17-2010 |
| 20100153306 | SYSTEM AND METHOD FOR DISPLAYING TREND INDICATIONS - A system and method for displaying a trend indication using a primary and secondary indicia. The primary indicium corresponds to an overall trend indication and the secondary indicia relate to the reliability of the overall trend indication. The secondary indicia correspond to a trend indication for each phase of the selected analysis strategy. The secondary indicia provide the user with a quick and easy methodology to ascertain the reliability of the overall trend indication based on the concurrence or disagreement of the secondary indicia with the primary indicium. | 06-17-2010 |
| 20100153307 | Identifying and Compensating for Model Mis-Specification in Factor Risk Models - Techniques for more accurately estimating the risk, or active risk, of an investment portfolio when using factor risk models are disclosed. This improved accuracy is achieved by identifying and compensating for the inherent “modeling error” present when risk is represented using a factor risk model. The approach adds one or more factors that depend on the investment portfolio and that explicitly compensate for factors that are unspecified or unattributed in the original factor risk model. These unspecified factors of the original factor risk model lead to modeling error in the original factor risk model. The approach can be used with a variety of different factor risk models, such as, fundamental, statistical and macro risk models, for example, and for a variety of securities, such as equities, international equities, composites, exchange traded funds (ETFs), or the like, currencies, and fixed-income, for example. The risk associated with modeling error in a factor risk model relative to a particular portfolio is identified and quantified. Knowledge of this risk associated with modeling error can be utilized when estimating risk, or active risk, using factor risk models or when constructing optimal portfolios by mean-variance optimization or other portfolio construction strategies and procedures that make use of factor risk models. | 06-17-2010 |
| 20100161508 | PROCESSING SECURITIES-RELATED INFORMATION - Embodiments of the invention provide techniques for improving clarity of disclosure materials provided to investors, by enabling securities issuers, intermediaries and/or other entities to create and disseminate clear and concise summary-level information on individual securities to investors to enable informed investment decisions. The information may include a summary version of the full statutory prospectus (a “summary prospectus”). A summary prospectus may include a concise, “plain English” synopsis and/or representation of certain information contained in the full statutory prospectus, such as a security's investment objectives and strategies, costs, risks and/or other information. | 06-24-2010 |
| 20100161509 | INTELLECTUAL PROPERTY MANAGEMENT METHOD AND INTELLECTUAL PROPERTY BANK SYSTEM - An intellectual property management method and an intellectual property bank system are provided. The intellectual property management method includes raising funds to set up a fund company by a plurality of members to purchase intellectual properties. The intellectual property management method also includes setting up an intellectual property management company to assist purchasing and managing the purchased intellectual properties of the fund company. The intellectual property management method further includes selling the intellectual properties to the members when a special event occurs to the members such that the members can own the intellectual properties to deal with the special event. Therefore, the intellectual property management method can provide the members with powerful protection with fewer resources and lower costs. | 06-24-2010 |
| 20100161510 | METHOD AND COMPUTER-READABLE PROGRAM FOR ANALYZING VALUE AND RISK - Methods and computer-readable programs for analyzing value and risk through the use of one or more computers are disclosed. According to one embodiment of the disclosure, a method for analyzing value and risk includes providing market capitalization data and book value data. The method further includes identifying value and risk items and ranking the identified value and risk items. The method includes determining the average rank for each item ranked. The method also includes determining the value of each item based on the combined average rank for each item and the difference between the market capitalization and the book value and displaying a portion of the rank information on the one or more computers. | 06-24-2010 |
| 20100161511 | System and Method for Analyzing Operational Risk and Performance of Real Rental Property - A computerized method and associated computerized apparatus and product by process for determining a default risk for a given real rental property, comprising: providing computerized property data for a plurality of real rental properties comprising at least a rental price and a square footage for each said real rental property in the plurality of real rental properties; and via a user interface and computerized processing and computerized storage: calculating a rent per square foot for each of said plurality of real rental properties, including the given real rental property; calculating a property gauge score for each real rental property in the plurality of real rental properties including for said given real rental property; and determining the default risk for the given real rental property by comparing the property gauge score for the given real rental property to the property gauge scores for the remaining real rental properties in the plurality of real rental properties. | 06-24-2010 |
| 20100161512 | SYSTEM AND METHOD FOR ICON ORIENTED REPRESENTATION OF TRADING STRATEGIES - A system and method for visually establishing a trading strategy are described. According to one method, a trader can position a first icon corresponding to a first order and a second icon corresponding to a second order in relation to a first value axis displayed on a graphical interface. A graphical means can also be used in relation to the icons to show that the icons correspond to a trading strategy. The graphical means can include lines, numbers, or any other user-configurable graphical representation illustrating order precedence, for example. | 06-24-2010 |
| 20100161513 | System and Method for Money Management Using a Plurality of Profit Levels in an Electronic Trading Environment - A system and method for money management in an electronic trading environment are presented. According to one embodiment, a money management application intercepts an order before the order is sent to an exchange, and determines a plurality of P/L levels, based on which the money management application then selects a set of money management parameters to be used to control or modify order parameters before the order is sent to the exchange. The plurality of profit levels may include a net profit level determined based on a trader's net position and a current market level, a realized profit level determined based on trader's sells and buys associated with the tradeable object, or an open profit level determined based on the realized and net profit levels. The set of money management parameters may include a maximum order quantity and a maximum net position so that, for example, if the order quantity associated with the order is higher than the maximum order quantity associated with the applicable set of money management parameters, the order quantity may be modified to the maximum order quantity. | 06-24-2010 |
| 20100161514 | FINANCIAL DATA ENTRY SYSTEM - A method of tracking and aggregating all Securities and Exchange Commission (SEC) “shelf” registration and all capital market activity related to those shelf registrations. The method includes the steps of accessing a first database containing data associated with investment registrations, wherein the data is organized as a series of individual filings. The method further includes the steps of retrieving data from the first database associated with selected ones of the filings, organizing the data into tables based on at least one aggregate aspect of the data common to multiple filings, and storing the retrieved data in at least one table. | 06-24-2010 |
| 20100169235 | Real-Time Trade Forecaster - Forecasting financial market activity includes a host system and a graphical processing unit in data communication with the server. Forecasting financial market activity also includes a computer program product residing on the host system, the computer program product including instructions for causing the host system to send one or more financial models to the graphical processing unit; and a computer program product residing on the graphical processing unit for causing the graphical processing unit to: receive the financial models and a list of types of market data associated with each financial model; generate one or more engine instances; structure the received market data; receive instructions, from the host system, to run an identified financial model; clone at least part of the structured market data; run the engine instances; and generate, in real time, forecast data indicative of an expected market performance. | 07-01-2010 |
| 20100169236 | Multi-Level Leverage Account Structure - An investment structure for multiple classes of investors that combines the advantages of both the master feeder structure and the reverse master feeder structure with segregated accounts. In particular, an investment structure is formed in which investors invest in a common fund. The common fund, in turn, opens a common prime brokerage account, having at least three sub-accounts, for example: an unlevered account; one or more levered accounts and a general trading account. The prime broker provides class loans to the levered account and margin loans to the general trading account. To the extent class loans are provided to the levered account, levered investors will participate in the returns on the general account as if the levered investors invested capital plus the amount of any class loans to that levered account. The unlevered investors will participate in the returns on the general trading account on the basis of their capital contributions alone. The prime broker will have no recourse against any assets of any account other than the levered account as a result of a default or margin call of the levered account. In an alternative embodiment of the invention, the investment structure is structured as a fund of funds, in which multiple classes of investors invest, which, in turn, invests in multiple investment funds, or a fund that employs alternative investment strategies that overlay the basic trading strategies. In this embodiment, a credit facility is established with the equivalent of three sub-accounts as discussed above. | 07-01-2010 |
| 20100169237 | INVESTMENT CLASSIFICATION AND TRACKING SYSTEM USING DIAMOND RATINGS - The present invention is directed to an asset classification system based on investment strategy. The system determines a number for performance measures and strategy classifications. These measures indicate, in one configuration, an extent to which a security or manager is outperforming or attempting to outperform a benchmark and how successful the security or manager has been based on historic performance data. | 07-01-2010 |
| 20100169238 | ORDER MATCHING SYSTEM - A order matching system which allows users to define and modify buy/sell order schedules for execution within one or more transaction destinations. The system uses order schedules and associated evaluation heuristics to evaluate and update order characteristics such as price and quantity based on user-specified criteria. The matching system comprises a user interface which can be connected over the internet to various transaction destinations through a schedule manager and a transaction order interface. The user interface provides users with the ability to obtain information concerning the status of their order account as well as the ability to enter or modify their order schedules. The order manager uses a schedule supervisor server to maintain a database containing order schedules and order status information and to execute variable evaluations on the basis of these order schedules and associated evaluation heuristics. The order manager also uses a transaction supervisor server to monitor the status of order fills and to update the database periodically. The transaction order interface receives and communicates information messages between various transaction destinations and the schedule manager. In this way, the order matching system allows users to specify the ways that various terms and conditions at which they are willing to transact may change over time in an automated fashion while still retaining the ability to intervene at any time. | 07-01-2010 |
| 20100174663 | REIT-Based Pure Property Return Indexes - The present disclosure is directed to generating REIT-based pure property return indexes. First, REIT return data is compiled from each REIT of a plurality of REITs at a predetermined frequency. Then, the generated REIT return data is de-levered and processed according to exposures to each of a plurality of target characteristics to obtain coefficients reflecting each REIT's weight in an index. Finally, an index is generated according to the REITs, the obtained coefficients, and the weights. | 07-08-2010 |
| 20100174664 | ETF Trading in Secondary Market Based on Underlying Basket - A trading system enables investors to execute trades electronically on exchange at prices that are chosen in consideration of the derivative nature of ETFs as a portfolio of securities or other financial instruments. In addition to measuring liquidity in the ETF itself on exchange, the trading system analyzes the liquidity of the ETF's underlying portfolio to understand the liquidity that is available to investors in the ETF through the creation/redemption process. By monitoring the bid/ask spread of both the ETF and the underlying portfolio in real time, the trading system enables investors to leverage the full potential liquidity of ETFs. The trading system can be used to manage the data and pricing infrastructure for identifying these liquidity replenishment points and to make these prices actionable for investors. | 07-08-2010 |
| 20100174665 | AUTOMATIC TRADING SYSTEM WITH COMPUTER AIDED DECISION-METHODS OF WHEN TO BUY AND SELL ON STOCK EXCHANGES - A computerized trading system for trading a tradable product at stock exchanges having a user terminal connected to a data communication system being able to provide a graphical user interface (GUI) to the user terminal through which a user can define a number of criteria to be met in order for the system to allow/indicate a trade order of a selected Symbol or allow/indicate a pair trade of two selected Symbols. A method to format a data stream providing a novel result used for the calculation of technical indicators and the derived criteria and/or used for visual presentation of price movements of the tradable product in the computerized trading system by determining the time to close a bar. Product data having product prices is received at different times at the computer system, and the computer system for each closed bar holds corresponding bar data buffers with data representing time of close of bar and last received product price at close of bar. | 07-08-2010 |
| 20100174666 | System and Method for Generating Real-Time Indicators iin a Trading List or Portfolio - A trading platform computer system for detecting an abnormal trading condition of a security uses real-time and estimated values of one or more variables associated with the condition of the security to generate one or more analytic metrics that are compared to empirical distributions based on one or more peer groups for the security. An indicator can then be displayed to a trader as an indication of the abnormal condition. | 07-08-2010 |
| 20100179919 | Student venture management - A technique involves providing an actual cost commitment and investing a retail value of the actual cost commitment to a student venture, and receiving a return on the retail value and a return on actual cost that is equal to the return on the retail value minus the actual cost commitment. A system constructed according to the technique may include an investment decision engine, a portfolio management engine, and a venture scholar fund operations engine. The system may further include, for example, an authentication engine and a public information engine. | 07-15-2010 |
| 20100179920 | Retirement age financial simulator - The present invention provides the user a financial retirement simulation tool that accepts user inputs like investment portfolio value, retirement age ranges and post retirement spending rules based on the retirement circumstance, further inputs are included like projected market performance and inflation impact assumptions, the invention then simulates a multitude of retirement financial scenarios at various retirement ages and various post retirement spending levels with the retirement circumstance dynamically simulated with the market performance and inflation impact assumptions modified within a statistically acceptable range using the Monte Carlo technique, resulting in a plurality of potential retirement financial scenarios with probabilities of those scenarios occurring. | 07-15-2010 |
| 20100179921 | BEHAVIOR BASED PRICING FOR INVESTMENT GUARANTEE INSURANCE - Aspects of the present disclosure allow an insurance company or other institution to manage its risk by establishing a charge consistent with hedging costs in offering a minimum guarantee on an underlying investment product to its customers. Such guarantees on underlying investment products may be included in, but are not limited to, variable annuities and contingent deferred annuities (CDA). Embodiments of a process are disclosed by which the charge for a guaranteed benefit in an investment product on underlying investments can vary by investor based on actual investment behavior. Advantageously, the insurance company or other institution can better manage its risk by reducing exposure from the actual experience compared to the investment behavior assumption and enable benefits to be charged more precisely for the actual risk taken (e.g., the insurance company can offer lower cost benefits for customers who are more risk averse). | 07-15-2010 |
| 20100179922 | Valuation-Tilted Capitalization Weighted Investment Methods and Products - The invention relates to investment vehicles and methods for determining the composition of such investment vehicles based on a valuation-tilted, capitalization-weighted technique. In one aspect, the invention includes identifying assets to be included in an investment vehicle, calculating a asset valuation for each of the assets, ranking the assets based on their respective asset valuations, based on the ranking, identifying groupings of the assets, determining a group weighting factor for each of the groupings, and determining the composition of the investment vehicle based on the group weighting factors attributed to each of the groupings. | 07-15-2010 |
| 20100179923 | TIMING MECHANISM AND DIRECT MESSAGING FOR ELECTRONIC TRADING PLATFORM - A system and interface for trading financial instruments. The system consists of an intermediary computer system that is operable to communicate with one or more trader terminals utilizing either a private line, a network or the Internet. The intermediary computer system is comprised of one or more processors and storage media. The intermediary computer system communicates with trader terminals and displays to the trader terminals a listing of financial instruments, and information related to such financial instruments, that are available for trading. The intermediary computer system periodically updates the option adjusted price of financial instruments as to provide the traders with a time period in which the price will remain stable and during which time the traders can confidently execute orders based on the then available price. A timer, which is constantly visible to traders using the electronic trading system, displays the amount of time remaining until the displayed adjusted prices will be updated. The intermediary computer system is also operable to communicate directly with selected traders or groups of traders in the form of directed messages to the trader terminals. | 07-15-2010 |
| 20100179924 | Controlled Depletion of a Stochastically Varying Resource Pool - A method for controlling resource pool depletion includes, at a first time, determining a first remainder of a depletion interval; on the basis of the first remainder, determining a first depletion rate for urging the pool to reach a selected state at the end of the depletion interval; on the basis of the first depletion rate, partially depleting the pool; and at a second time following the first time, determining a second remainder of the depletion interval; receiving state information indicative of a difference between a state of the pool at the first time and a state of the resource pool at the second time; on the basis of the second remainder and the state information, determining a second depletion rate for urging the pool to reach a selected state at the end of the depletion interval; and on the basis of the second depletion rate, partially depleting the pool. | 07-15-2010 |
| 20100179925 | SYSTEM AND METHOD FOR MAKING POSITIONS HELD BY A TRADER FUNGIBLE - Positions held by a trader are made fungible by selecting a first position in a first futures contract that is deliverable and selecting a second position in a second futures contract, wherein the first and second futures contracts are traded in a first and second market, respectively. Offsetting the first and the second positions eliminates a delivery obligation of the trader. | 07-15-2010 |
| 20100185554 | System and method for managing a portfolio of differenet cuts of meat - A system and method for modifying a portfolio having respective quantities of a plurality of different meat cut types (MCT) of an animal comprising: accessing portfolio information of the portfolio stored in a memory, the portfolio information including a first quantity of a first MCT and a second quantity of a second MCT, the first MCT having a first predicted future price for a first future time period (FTP) and the second MCT having a second predicted future price for a second FTP, the first and second MCTs being part of the plurality of different MCTs; determining first comparison data based on historical first market prices of the first MCT and historical second market prices of the second MCT for a selected historical time period; determining a correlation value between the first MCT and the second MCT based on the first comparison data and the second first comparison data and the first quantity and the second quantity; analyzing the correlation value and adjusting a parameter of a price model used in determining the first predicted future price in order to modify a value of a first price premium associated with the first predicted future price, the first price premium representing compensation in exchange for assuming a risk that the first predicted future price may be different from the eventual market price of the first MCT when reaching the first FTP; and sending the modified value of the first price premium for presentation to a member of the portfolio for promoting either an increase or a decrease in the quantity of the first MCT in the portfolio. | 07-22-2010 |
| 20100185555 | System and method for predicting future prices of a cut meat - A system and method for determining a future price of a selected meat cut type (MCT) of an animal for a selected future time period (FTP) including: receiving the selected MCT; storing said selected MCT in a memory; using a price model configured for determining said future price of said selected MCT for the selected FTP, said future price based on one or more defined risk levels, historical market price of said selected MCT for one or more time periods prior to said selected FTP, and live animal futures defining a price of the live animal traded as a commodity; determining via the model the future price of the selected MCT for the selected FTP, a price premium for the selected MCT for the selected FTP, and a hedge relationship defining the relative price of the live animal futures with said future price for the selected FTP; and sending the future price and the price premium for the selected MCT for the selected FTP for presentation on a user interface. | 07-22-2010 |
| 20100185556 | Portfolio Synchronizing Between Different Interfaces - A system for updating parameters of financial transactions associated with financial services initiated and completed on behalf of or directly by a user through access to a data-packet-network into more than one electronic interface accessible to the user is provided. The system comprises, a main electronic interface supported by back-end software, the main interface for registering all user accounts into at least one portfolio group, the accounts accessible in detail through the main interface, at least one cobranded electronic interface supported by back-end software, the cobranded interface mirroring the accounts registered in the main electronic interface and a plurality of institution-specific electronic interfaces for providing direct account registration, reporting, and maintenance specific to accounts provided by the associated institutions. Through direct linking between the main, cobranded, and institution-specific interfaces, any parameters associated with any action initiated to a specific account through any of the interfaces is immediately propagated to the other interfaces. | 07-22-2010 |
| 20100185557 | Resource allocation techniques - Resource allocation techniques for robust optimization of a set of assets. In these techniques, a user defines or selects scenarios that model investment conditions including normal and/or extreme conditions. The set of assets is optimized across the scenarios to produce weights for the assets in the set that optimize the worst-case value of the assets. A resource allocation system is disclosed which first selects a reliable set of assets for optimization and then optimizes the reliable set of assets. Optimization of the set of assets may involve robust or non-robust optimization, many different kinds of constraints and/or multiple constraints, different objective functions, and different adjustments for the objective functions. Selection of the set of assets and selection of the kind of optimization, of the constraints, of the objective function, and of the adjustments to the objective function is done using a graphical user interface. | 07-22-2010 |
| 20100185558 | MASUDA STICK CHART GENERATION AND DISPLAY APPARATUS - To make exact future predictions, easily represent prediction results in chart form, provide users with exact information needed to grasp buy/sell timing using the resulting chart, and make predictions without depending on data on price changes and the like. | 07-22-2010 |
| 20100185559 | SYSTEMS, METHODS AND COMPUTER PROGRAM PRODUCTS FOR ELECTRONIC TRADING OF FINANCIAL INSTRUMENTS - An internet-protocol based anonymous trading system which enables traders to identify bids and offers which they are eligible to trade based upon a color coded methodology which gives the trader credit preference information about the potential counterparty while still maintaining the anonymity of the potential counterparty. To that end, each bid or offer is prescreened against all possible counterparties' credit information in the system and each counterparty sees a unique color coded trading interface based upon their particular credit preference combinations and the others in the system. The system then shows all prices in the system, and the color-coding tells the trader which prices he is able to trade, and also shows him the full depth of the market, including those the trader is unable to trade. | 07-22-2010 |
| 20100185560 | System, Method, and Computer Program Product for Allocating Assets Among a Plurality of Investments to Guarantee a Predetermined Value at the End of a Predetermined Period - A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period. A computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary. | 07-22-2010 |
| 20100185561 | Simulation Of Portfolios And Risk Budget Analysis - The present disclosure relates to household portfolio simulation and analysis to provide retirement income. In particular, it discloses advanced technologies for modeling, simulation and analysis of potential economic futures, as applied to household retirement prospects. Improved modeling may capture factors such as concrete objectives of participants' priorities among objectives, risk adversity and starting conditions that impact tax consequences of transactions Improved modeling may address consistency among similar factors, tax consequences in simulation periods and transactions in real estate and private investments. Improved analyses may apply a margin of safety and/or risk budget analysis to a household portfolio to produce a meaningful presentation. | 07-22-2010 |
| 20100185562 | Risk Management Contracts and Method and Apparatus for Trading Same - Provided herein are various exemplary methods and apparatus for implementation of futures securities custom tailored to specific clienteles; one or more variable pay-out futures contracts as devices for hedging; hedging contracts having variable pay-outs; variable payout hedging contracts having limited exposure; freezing assets of an originator of an order to buy or sell a variable pay-out contract sufficient to cover a maximum exposure of the contract; determining whether an originator of an order to buy or sell a variable pay-out contract has assets sufficient to cover the contract at the time of placing the order; determining whether an originator of an order to buy or sell a variable pay-out contract has assets sufficient to cover the contract immediately before fulfilling the order and charging a penalty to an originator of an order to buy or sell a variable pay-out contract who does not have assets sufficient to cover the contract. | 07-22-2010 |
| 20100191666 | PERSONAL POINT OF SALE COMMISSION RATE BENCHMARKING TOOL - The invention provides a method of displaying an evaluation tool for evaluating a proposed commission on behalf of a professional at the time of carrying out a transaction. Using a principal and share/unit price for the proposed transaction, the method identifies nearest neighbour historical transactions. A graph is displayed showing the professional's proposed commission in relation to these nearest neighbour historical transactions. The professional can modify the proposed commission in light of the historical data before executing the transaction and charging the commission. | 07-29-2010 |
| 20100191667 | LEGACY RISK - Data corresponding to a set of securities is identified. For each security in the set, data corresponding to a legacy risk contribution from a corresponding security in the set is identified. Data corresponding to a legacy risk of the entire set is identified based on the legacy risk contributions. The legacy risk is displayed. | 07-29-2010 |
| 20100191668 | SYSTEM AND METHOD FOR ADMINISTERING INVESTED FUNDS - A computer system for administering investment funds holding shares of funds includes a processor and a memory storage device in communication with the processor. The processor is adapted to access from the memory storage device data indicative of allocation targets for allocating invested funds among two or more funds in two or more investment categories; receive data indicative of current holdings of shares, subscriptions and redemptions, and including security values, prices and fund value data; calculate the current allocations among investment categories and determine any differences between the current allocations and the allocation targets; allocate the subscriptions in accordance with the differences between the current allocations and the allocation targets, and allocate the redemptions in accordance with the differences between the current allocations and the allocation targets. | 07-29-2010 |
| 20100191669 | Method and System for Creating and Trading Derivative Investment Instruments Based on an Index of Investment Management Companies - A method and system for creating a stock index for a group of investment management companies is disclosed. The method may include obtaining first trade information for each security representative of the group of investment management companies during a first time period, aggregating the first trade information for a predetermined time period, storing the aggregated first trade information, calculating from the aggregated first trade information an index for the group of investment management companies, determining a standardized measure of the index based on the aggregated first trade information obtained in the first time period, and periodically recalculating the index based on second trade information for each security representative of the group of investment management companies during a second time period. | 07-29-2010 |
| 20100191670 | Quantifying The Output Of Credit Research Systems - A method of quantifying the value added by an internal company credit rating system is described. The method includes determining an internal company credit rating for a plurality of securities. The internal company credit rating for the plurality of securities and an external credit research agency original credit rating for each of the securities are inputted in a ratings history database. Data representative of a change of the external credit research agency original credit rating for at least one security of the plurality of securities to a new credit rating is received. Responsive to the change, data representative of a current price of the at least one security and a benchmark price of the at least one security is received. At least one metric is calculated to determine a correlation between the internal company credit ratings and the new external credit research agency for each of the plurality of securities. | 07-29-2010 |
| 20100198743 | AUTOMATED SYSTEM FOR COMPILING A PLURALITY OF EXISTING MORTGAGE LOANS FOR INTRA-LOAN RESTRUCTURING OF RISK VIA CAPITAL INFUSION AND DYNAMIC RESETTING OF LOAN TERMS AND CONDITIONS - The CapStratix System operates on a plurality of existing loans (a “designated portfolio”), held by a regulated Lender, using a pool of capital which is available from unregulated Investors, to dynamically re-compute loan packages. The CapStratix System arranges for the disaggregation of a Lender's designated portfolio of Mortgage Loans, each into discrete note amounts, including an A Note and a “RenuNote”, both (or all) secured by the same mortgage lien. This process facilitates the extension of the maturity dates of the loans, at new market pricing, and the restatement of other terms and conditions required for a successful sale of the RenuNote to an Investor, reducing Lender's assets and risk profile, thereby having a positive effect on a Lender's regulatory capital ratios, without requiring a change to the Borrower's ownership structure or risk exposure. | 08-05-2010 |
| 20100198744 | METHODS AND SYSTEMS FOR INTEREST RATE PREDICTION - In one aspect, the invention comprises a computer-implemented method for predicting interest rates, comprising the steps of: electronically receiving data describing one or more Fed fund futures rates; electronically adjusting the data describing the one or more Fed fund futures rates to obtain adjusted data regarding the one or more Fed fund futures rates; and electronically determining data regarding one or more expected Fed fund target rates. In another aspect, the invention comprises a system for predicting interest rates, comprising: one or more processors operable to determine probability distribution data for one or more Eurodollar rates based on Eurodollar futures option data; one or more processors operable to link said probability distribution data for one or more Eurodollar rates to overnight forward Fed funds rate data; and one or more processors operable to link said forward Fed funds rate data to expected Fed funds rate data. | 08-05-2010 |
| 20100198745 | Closing Price Determination for an Automated Market System - A method for determining a closing price of a security traded in an electronic market includes receiving a trade price of an executed trade of the security wherein the executed trade is executed during a trading session of the electronic market, comparing the received trade price to a market parameter of the security to determine the closing price of the security, and reporting the determined closing price of the security to a user. | 08-05-2010 |
| 20100198746 | TIMING MECHANISM AND DIRECT MESSAGING FOR ELECTRONIC TRADING PLATFORM - A system and interface for trading financial instruments. The system consists of an intermediary computer system that is operable to communicate with one or more trader terminals utilizing either a private line, a network or the Internet. The intermediary computer system is comprised of one or more processors and storage media. The intermediary computer system communicates with trader terminals and displays to the trader terminals a listing of financial instruments, and information related to such financial instruments, that are available for trading. The intermediary computer system periodically updates the option adjusted price of financial instruments as to provide the traders with a time period in which the price will remain stable and during which time the traders can confidently execute orders based on the then available price. A timer, which is constantly visible to traders using the electronic trading system, displays the amount of time remaining until the displayed adjusted prices will be updated. The intermediary computer system is also operable to communicate directly with selected traders or groups of traders in the form of directed messages to the trader terminals. | 08-05-2010 |
| 20100198747 | System and Method for Dynamically Changing an Electronic Trade Order Quantity - A system and methods for dynamically changing a trade order quantity in an electronic trading environment are described herein. According to one example embodiment, an automated trading tool determines if a leaned on quantity of a trading strategy has increased or decreased and if so, dynamically changing a desired order quantity to reflect the change in the leaned on quantity. Dynamically changing an order quantity may be more profitable for a trader as order queue position may be maintained and portion of the desired order quantity may get filled; rather than a trader losing their order queue position and/or taking a chance of not getting any of their order quantity filled. | 08-05-2010 |
| 20100198748 | SYSTEMS AND METHODS FOR IMPROVING THE LIQUIDITY AND DISTRIBUTION NETWORK FOR LUXURY AND OTHER ILLIQUID ITEMS - Systems and methods for improving the liquidity and distribution network for luxury and other illiquid items are provided. These systems and methods preferably include the trading of futures and options contracts, which will provide the liquidity and distribution network for luxury items. Possible embodiments of these systems and methods include the trading of futures and options contracts for diamonds and wine. Another embodiment of this invention preferably includes generating indexes for diamond prices, wine prices, luxury item prices, housing values, mortgage prepayments, privately-held companies or for anything with from sufficiently liquid points of value. Another embodiment of this invention preferably includes a centralized data base for retrieving closing and current auction prices for determining the value of, and best method for the auctioning of various items. The data provided by this data base would improve liquidity by creating greater price transparency. | 08-05-2010 |
| 20100198749 | SYSTEM AND METHOD FOR EVENT-BASED TRADING - A system and method for news-based trading are developed. According to one method, a trader can pre-define a trading strategy including a number of trading rules to be applied based on a comparison of one or more estimated event values to the respective actual event values to be released at some later time. The example method further includes, upon receiving one or more actual event values via a user input or directly from outside sources, executing one or more predefined trading rules selected based on the comparison of the received actual event values to the respective estimated indicator values. | 08-05-2010 |
| 20100205107 | Financial options system and method - A method and system that allows the valuation of financial, exotic, employee, and strategic real options using a family of highly flexible and customizable lattices, where the method can be used to solve real-life situations and conditions or to value financially engineered situations. The method uses specialized algorithms to solve complex and large models very quickly, and also allow simulation to be run on the inputs. | 08-12-2010 |
| 20100205108 | Credit and market risk evaluation method - A method and system allowing banks and financial institutions the capability to perform advanced risk analyses that central banks and banking regulators require, such that the banks are in compliance with the Basel II Accord requirements. This system is both a standalone and server-based set of software modules and advanced analytical tools that is used to quantify and value credit and market risk, as well as forecast future outcomes of economic and financial variables, and generate optimal portfolios that mitigate risks. | 08-12-2010 |
| 20100205109 | Closing in an Electronic Market - A method for trading a security in an electronic market includes receiving closing orders and orders for the security traded in the electronic market, disseminating an order imbalance indicator indicative of predicted trading characteristics of the security at the close of trading, determining a closing price for the security based on the closing orders and orders, and executing at least some of the closing orders at the determined closing price. | 08-12-2010 |
| 20100205110 | METHOD AND APPARATUS FOR ENABLING SMALLER INVESTORS OR OTHERS TO CREATE AND MANAGE A PORTFOLIO OF SECURITIES OR OTHER ASSETS OR LIABILITIES ON A COST EFFECTIVE BASIS - Smaller investors can create and manage on a cost-effective basis a complex portfolio of securities using a mechanism that enables the investor to provide to the system the investor's preferences regarding his portfolio, to generate a portfolio, including fractional shares, that reflects the investor's preferences. The system then permits aggregation of the orders, and netting of orders, generated by multiple investors at various times during the day for execution. In addition, the structure of the computer-based system of the present invention allows its cost to be based on access to or usage of the system (such as a monthly fee) as opposed to by securities orders entered into the system as per common brokerage. The result is that the investor can create a portfolio of directly owned securities with attributes, such as diversification, similar to a mutual fund. | 08-12-2010 |
| 20100205111 | METHOD AND SYSTEM FOR FINANCING ACQUISITION OF VEHICLES - In one embodiment of the present invention, a method for financing acquisition of a vehicle is disclosed. The method comprises receiving a future interest in a vehicle in consideration for a future interest price upon transfer of a legal title in the vehicle in consideration for a legal title price. | 08-12-2010 |
| 20100205112 | QUALITATIVE RETIREMENT ADVICE AND MANAGEMENT SYSTEM AND METHOD FOR CREATING A RETIREMENT PLAN - The present invention involves a system and method for generating customized retirement plans for a user. A user interaction module for obtains user information and includes software for asking a plurality of questions relating to the user. The questions include at least one question relating to quantitative information of the retirement funds of the user and at least one question relating to qualitative information about the user. The advice module correlates user quantitative information on retirement funds and user qualitative information to generate a customized retirement plan for the user. | 08-12-2010 |
| 20100205113 | MULTIPLE QUOTE RISK MANAGEMENT - The disclosed systems and methods relate to allowing trading of over the counter (“OTC”) foreign exchange (“FX”) contracts on a centralized matching and clearing mechanism, such as that of the Chicago Mercantile Exchange's (“CME”'s) futures exchange system (the “Exchange”). The disclosed systems and methods allow for anonymous transactions, centralized clearing, efficient settlement and the provision of risk management/credit screening mechanisms to lower risk, reduce transaction costs and improve the liquidity in the FX market place. In particular, the disclosed embodiments increase speed of execution facilitating growing demand for algorithmic trading, increased price transparency, lower cost of trading, customer to customer trading, and automated asset allocations, recurring trades as well as clearing and settlement efficiencies. | 08-12-2010 |
| 20100205114 | SYSTEM, REPORT, AND COMPUTER-READABLE MEDIUM FOR ANALYZING A STOCK PORTFOLIO - The present invention is directed to a stock portfolio analysis system able to determine an optimal covered call trade for each of a plurality of stocks within a stock investor's portfolio, determine an improved key rating factor associated with each optimal covered call trade, and produce a trade report that displays the optimal trades along with the key rating. In another embodiment of the present invention, the stock portfolio analysis system is able to determine an optimal hedge trade for each of a plurality of stocks within a stock investor's portfolio and provide the information along with a key rating determination in the form of a trade report. In yet another embodiment of the present invention, an income portfolio trade report is produced listing a covered call summary table, or alternatively, a hedge trade summary table, a table explanation section, and a financial summary where each covered call is associated with a key rating. In a further embodiment, the above-described embodiments of the present invention are implemented in a computer-readable medium where the report, information, analysis system are executed by a processor. | 08-12-2010 |
| 20100205115 | TRADER STATION USER INTERFACE - A variety of user interfaces, systems and methods are provided for traders of commodities, futures contracts, derivatives, stocks, etc. A user interface may have two display modes, locked and unlocked. In the locked mode, some or all of the data fields (price, bids, offers—optionally bids and offers not exposed to the market) are locked. In the unlocked mode, all the data fields, including the price column, are dynamically updated. In a second embodiment, a price column is divided such that prices above the market are in a first column and prices below the market are in a second column to reduce the number of columns required to show bids, offers and prices. Optionally, the trader's bids and offers not exposed to the market can be shown in columns adjacent to the market bids and offers. In a third embodiment of the invention orders are cancelled if the market changes within a short period of time before the order is placed and the change does not benefit the user. | 08-12-2010 |
| 20100205116 | Efficient Market For Financial Products - A data processing system is disclosed that provides an efficient market for: (1) the provision of loans and lines of credit between lenders and those seeking loans and lines of credit, and (2) the sale of loans between loan pool traders. One embodiment of the present invention comprises: receiving at a data processing system a lending criteria from each of a plurality of lenders; compiling a first set of statistics in the data processing system based on the lending criteria from each of the plurality of lenders; and outputting from the data processing system the first set of statistics to a first lender at a price that is based on a measure of fees incurred with respect to the first lender. | 08-12-2010 |
| 20100211519 | METHOD AND SYSTEM FOR PROCESSING REAL-TIME, ASYNCHRONOUS FINANCIAL MARKET DATA EVENTS ON A PARALLEL COMPUTING PLATFORM - A method and system are provided for real-time, asynchronous processing of financial market data events on a parallel computing platform having a plurality of computer processes executing on one or more computers. The method includes: (a) receiving a generally continuous stream of market data events from an electronic exchange over a computer network; (b) sequentially storing the market data events received in (a) in at least one data queue; (c) distributing the market data events among the plurality of computer processes on a first in, first out basis such that the market data events can be processed by the processes in a coordinated fashion; (d) processing the market data events distributed in (c) at the respective computer processes using financial models to generate trading information on one or more financial instruments; and (e) making the trading information generated in (d) available through a common API or a client GUI to the a user. | 08-19-2010 |
| 20100211520 | Method and System for Accelerating the Decoding and Filtering of Financial Message Data Across One or More Markets with Increased Reliability - A method and system for accelerating the decoding and filtering of market data to provide reduced latency of the message data while maintaining or increasing throughput and mining market data for subsequent reporting. One or more financial market data streams are directed to one or more portals for introduction to a multiplexing switch. The financial market data streams are combined at the multiplexing switch and provided to a hardware line handler to de-multiplex the combined data stream into first and second streams. The first and second data streams are processed in first and second filter stacks in parallel to identify packets originating from sources of market data. The first and second streams comprising data packets originating from the sources of market data are combined and then decoded to obtain a financial data stream. The financial data stream may be further processed. The financial data stream may then be evaluated in accordance with rules established by a user. A hardware based smart router may be used to facilitate the execution of trades based on embedded routing rules. | 08-19-2010 |
| 20100211521 | COMPUTERIZED SYSTEM AND METHOD OF CREATING AND DEVELOPING EXCHANGE TRADED FUNDS - The present invention is a computerized system and method for calculating an optimum allocation for exchanged traded funds (ETFs) that include risk structured exchanged traded funds (ETFs) and distribution structured exchanged traded funds (ETFs). The system includes one or more input devices to input ETF data, one or more output devices to output processed ETF data, a processor for processing ETT data, a memory for storing ETF data on a storage medium and software to work in combination with the input devices, the output devices, the processor and the memory for receiving, processing and storing computer program steps for program control and manipulation of the ETF data in the system. There is also a computerized software method for calculating an optimum allocation of investments for risk structured exchanged traded funds ETFs as well as a separate computerized software method for calculating an optimum allocation of investments for distribution structured ETFs. | 08-19-2010 |
| 20100211522 | Computer-Implemented Method For Evaluating an Investment - A computer-implemented method and tool for evaluating an investment includes functionality that generates and stores data representing values/dates of a plurality of inflows and outflows over the investment period. Such data is used to derive first values that represent expected benefits over corresponding intervals of the investment period. A first net present value result is generated by discounting some or all of the first values, and then stored for output as part of the investment evaluation. The first values account for at least one of: i) interest payments and credits on calculated daily bank account balances (CDBAs) derived from the data; ii) tax payments due on CDBAs derived from the data; iii) VAT payments derived from portions of the data corresponding to forecasted sales of the investment, iv) income tax payments derived from said data, and v) allocation of forecasted net income into a plurality of predetermined categories. | 08-19-2010 |
| 20100211523 | System and Method for Risk Management Using Average Expiration Times - A margin requirement is computed while trading. The margin requirement may be calculated while trading because the preferred system takes into account working orders to generate the margin requirement. The on the fly possibility allows the preferred system to provide pre-trade risk calculations, but can also be used to provide post-trade calculations. A generic spread number and the maximum number of outright positions are determined. Average expirations for the generic spread are computed. Using the spread positions, the average expirations and the maximum number of outright positions, a spread margin and an outright margin are calculated, which when summed provide a total margin requirement. Limits based in part on the total margin requirement may be imposed on one or more traders. | 08-19-2010 |
| 20100211524 | Lender Rating System and Method - The present invention is directed at a system and method to rate lender profiles to determine the level of risk that is present in the loans originated or purchased by a particular lender will be based on a misrepresentation or as a result of material inaccuracies in the financial information provided by or on behalf of the borrower. The rating is preferably based on a variety of factors including at least one of, for example, prefunding controls, post closing controls, product mix, and/or loan source. | 08-19-2010 |
| 20100211525 | System and Method for Displaying Risk Data in an Electronic Trading Environment - An example graphical interface and method for displaying risk related data are described. One example graphical interface includes a data structure comprising a plurality of data nodes and at least one risk data point associated with each node, and further comprises a display grid. The display grid includes one or more cells that are used for displaying selected data nodes and risk data points. Each cell may be associated with a single data node, and may include one or more identifiers corresponding to risk data points of the data node. In one example embodiment, the identifiers are aligned along a single axis, and risk related data corresponding to each identifier is aligned with respect to each corresponding identifier. | 08-19-2010 |
| 20100211526 | MULTI-INPUT SYSTEM THAT MAKES INDEX-BASED ADJUSTMENTS - A common index fund system and method enables investment in entities that is indexed to a common index, rather than individual company performance. For small business entities, the creation, issuance, trading and management of fund shares as a liquid investment may be accomplished with, for example, a relatively stable industry-based risk. The entities receive value from a pool and in return make payments into the pool in an amount that varies according to the index, which causes a corresponding change in the value of the shares. | 08-19-2010 |
| 20100211527 | BUSINESS DEVELOPMENT COMPANY ORIGINATED REVENUE-LINKED DEBT INSTRUMENTS - Embodiments of the present invention, for the first time, provide methods for financing an asset management firm, by using participating debt securities as the investment engine and then collecting those interests and selling the resultant securities into a Business Development Company. | 08-19-2010 |
| 20100211528 | METHOD AND SYSTEM FOR FINANCIAL ADVISING - A method of providing financial advice to a client that provides sufficient confidence that their goals will be achieved or exceeded but that avoids excessive sacrifice to the client's current or future lifestyle and avoids investment risk that is not needed to provide sufficient confidence of the goals a client personally values. The method comprises obtaining typical client background information, as well as a list of investment goals, and ideal and acceptable values in dollar amounts and timing for each goal. The client is then asked to provide their preferences for goals on the list compared to other goals in the list. A recommendation is then created using the portfolio value, and the client goal preferences and the ideal and acceptable values of goals, by simulating models of the relevant capital markets. | 08-19-2010 |
| 20100211529 | System and Method for Providing Market Data in an Electronic Trading Environment - A system and methods are developed for providing market data in an electronic trading environment. One example method includes determining a probability model comprising a probability corresponding to a change in relation to a market data parameter, then, using the probability to generate a compressed bit stream representing the market data parameter, and providing the compressed bit stream to the client terminal. | 08-19-2010 |
| 20100217725 | APPARATUS FOR AUTOMATIC FINANCIAL PORTFOLIO MONITORING AND ASSOCIATED METHODS - A tool for use by financial professionals such as portfolio managers monitors values of assets in portfolios and maintains buy and sell levels for the assets. The tool can be configured to recommend the sale of an asset where the asset value has increased in a gain run by at least the corresponding sell level and the value of the asset in the portfolio is more than a target allocation. The tool can be configured to recommend the purchase of an asset where the asset value has decreased in a drop run by at least the corresponding buy level and the value of the asset in the portfolio is less than a target allocation. The tool may monitor a balance in a non-volatile account and coordinate the transfer of funds from sales of assets into the non-volatile account. Machine implemented methods can assist management of financial portfolios. | 08-26-2010 |
| 20100223200 | INTEGRATED ELECTRONIC EXCHANGE OF STRUCTURED CONTRACTS WITH DYNAMIC RISK-BASED TRANSACTION PERMISSIONING - A computer implemented method for negotiating contracts between a plurality of participants is provided. An order is received from a first participant of the plurality of participants. Position risk of the first participant is calculated by accessing data regarding the first participant and using the data regarding the first participant in a parametric variable equation modified by control values from a simulation model, to calculate the position risk of the first member. The order is blocked, if the position risk of the first participant is in a first condition for the first participant. The order is made available for forming into a contract, if the position risk of the first participant is in a second condition for the first participant. | 09-02-2010 |
| 20100223201 | Out of Band Credit Control - Systems and method for mediating risks associated with orders in an electronic trading system are provided. A front end component includes a plurality of trading engines that receive orders from traders. A back-end component includes a match system. The system includes a credit control module, which may be located at the back-end (e.g., clearinghouse), front end, a combination thereof, or other location that communicates with the plurality of trading engines. The credit control may monitor aggregate risk parameters for the trading engines and requests credits from trading engines. | 09-02-2010 |
| 20100223202 | COMPUTER PROGRAM PRODUCT FOR IMPLEMENTING INVESTMENT COMPANY THAT ISSUES A CLASS OF CONVENTIONAL SHARES AND A CLASS OF EXCHANGE-TRADED SHARES IN THE SAME FUND - A computer program product is provided for administering a single investment company. The computer program product has a computer-readable medium encoded with computer-executable instructions. The instructions perform a method wherein the single investment company issuing one or more classes of shares that are bought from and redeemed with the single investment company at a net asset value and issues one or more classes of shares that are listed for trading on a securities exchange and that are bought and sold at negotiated market prices. One or more computers maintain account data of the outstanding shares. An owner of any share of any share class has an undivided interest in the single investment company. | 09-02-2010 |
| 20100223203 | COMPUTERIZED FINANCIAL INFORMATION RETRIEVAL BY DYNAMIC URL CONSTRUCTION - In one embodiment, a limited amount of financial information related to each of a plurality of financial instruments is displayed on a display screen of a computer. A user chooses a financial instrument of the plurality of financial instruments. A plurality of elements are shown on the display screen, each being associated with a different type of additional information supplemental of the limited amount of financial information. Each element is associated with a preferred remote data source chosen by the user. When a particular element is chosen by the user, additional information of the type associated with the particular element related to the chosen financial instrument is retrieved by constructing a uniform resource locator (URL) that combines a first financial instrument-independent URL portion that is specific to the preferred remote data source and a second financial instrument-specific URL portion that is specific to the chosen financial instrument. | 09-02-2010 |
| 20100223204 | Hybrid multi-thread and multi-process computer simulation system and method - A method for performing a calculation that includes determining solutions for a plurality of problem modules. The problem modules are of differing complexities, and their solutions are combined to determine a solution to the calculation. The method may include directing each of the problem modules to at least one master server, estimating a complexity for each of the problem modules, determining a threshold complexity level, sending problem modules having a complexity exceeding the threshold complexity level to at least one slave server and obtaining solutions for the problem modules therefrom, determining solutions for problem modules having a complexity not exceeding the threshold complexity level in the master server(s), and combining the solutions for the problem modules to determine the solution for the calculation. | 09-02-2010 |
| 20100228684 | Computerized method for open-ended investments - The investment liquidation and purchase adjustment method is an investment model for open-ended investments that takes into account the net asset value (NAV) of the mutual fund and an accumulated stock brokerage transaction commission fees. The accumulated commission fees are added to the net asset value per share prior to the purchase of shares of the mutual fund. Alternatively, the accumulated commission fees are subtracted from the net asset value per share prior to the liquidation of the shares. These additional fees flow into the assets of the mutual fund. As accumulated brokerage transaction commissions change each day because of the trading of the positions in the mutual fund, the brokerage transaction commission's percentage change on a daily basis, too. This also solves the problem of maintaining the true asset value for existing shareholders when there are share liquidations by existing shareholders, protecting the true asset value for the remaining existing shareholders. | 09-09-2010 |
| 20100228685 | Financial Risk Cover Analysis, Modeling Control and Monitoring System - An automatic Financial Risk Cover configuration which receives returns behaviors connecting statistical behavior of each potential allocation of a submanager to a resultant statistical behavior of a Financial Risk Cover associated with a client portfolio, creates a total set of Financial Risk Cover configurations using genetic optimization processes to produce unpredictable variations of configurations, simulates and models each configuration in the total set against a set of potential or expected transient market events representative of a plurality of combinations of transient events, removes from the total set each configuration which fails to meet performance objectives during the modelling from said total set of configurations; and outputs each remaining configuration in the total set, wherein each configuration represents a plurality of investment instruments, each investement instrument being associated with an initial cash position. | 09-09-2010 |
| 20100235297 | SYSTEM AND METHOD FOR MONITORING FIDUCIARY COMPLIANCE WITH EMPLOYEE RETIREMENT PLAN GOVERNANCE REQUIREMENTS - An employee retirement plan Fiduciary Audit® questionnaire development, implementation, and reporting system which includes the following interrelated and interdependent web based processes: (1) question and related support development and distribution, (2) organization of questions into questionnaires, (3) assignment of people resources involved, and 4) production and distribution of reports to present findings. The processes occur interactively at three levels: (1) a Master Program level, (2) a Service Provider level, and a (3) Retirement Plan level. | 09-16-2010 |
| 20100235298 | METHOD AND APPARATUS FOR ANALYSING INVESTMENT PORTFOLIOS CONSIDERING RETURN AND RISK - A method and apparatus is provided for use by an investor to analyze investments in a user's portfolio of investments. The method assists an investor in determining the proper mix of investments such as securities to hold in their investment portfolio to achieve an acceptable mix of investment risk and investment return. The investment risk and return data are analyzed and an investment portfolio is constructed that meets the investor's criteria. | 09-16-2010 |
| 20100235299 | METHOD AND APPARATUS FOR CHARACTERIZING THE KEY PROPERTIES AND ANALYZING THE FUTURE PERFORMANCE OF AN INVESTMENT PORTFOLIO - Prognostic and diagnostic information is determined about an investment portfolio through perturbing the investment portfolio with allocations to other sectors and reviewing the performance of the perturbed investment portfolios using historical data, and combining that with other factors. Relationships between one's investment portfolio and other assets, rights or liabilities can be identified by creating several modified portfolios each of which comprise a mix of the original investment portfolio and one or more of the other assets, rights or liabilities. The performance of these modified portfolios, as compared to the original portfolio over a historical period, indicates the correlation (or lack thereof) between these other assets, rights or liabilities and one's investment portfolio. By identifying these correlations, one can then take any desired action to modify one's portfolio to obtain the desired results. | 09-16-2010 |
| 20100235300 | SYSTEM AND METHOD FOR MULTI-LAYER RISK ANALYSIS - A risk analysis method uses a multi-dimensional risk representation that allows a standard OLAP engine to perform analysis on multi-dimensional data corresponding to a portfolio of financial positions. The analysis includes context-dependent, heterogeneous aggregation functions. The multi-dimensional data is represented as a multi-layered multi-dimensional cube (“outer” cube), which consists of dimensions and cells. Each cell includes a set of coordinates and an inner multi-dimensional cube (“inner” cube). Dimensions of the inner cube include all dimensions required for aggregations. Dimensions of the outer cube include only dimensions needed for context (or reporting). An aggregation is performed on the set of measures of the inner cube based on a context for the aggregation provided by the outer cube. | 09-16-2010 |
| 20100235301 | SYSTEM AND METHOD FOR DYNAMICALLY DETERMINING QUANTITY FOR RISK MANAGEMENT - A system and method for dynamically determining quantity for risk management are described. According to one example embodiment, as a trader positions an order icon at a desired price or price-derivative value on a graphical interface, an order quantity for the order is dynamically determined based on the order price and a selected risk management formula. A trader can change the price or the price-related value for one or more orders by moving the order icons relative to a price axis on a graphical interface. In such an embodiment, the initially calculated order quantity for each order will be dynamically recalculated based on the modified orders for the trading strategy. | 09-16-2010 |
| 20100235302 | System and Method for Displaying Highest and Lowest Traded Prices of Tradable Objects - A client terminal displays on a graphical interface a first indicator of a price associated with a lowest traded price of a tradable object during a predetermined period of time, a second indicator of a price associated with a highest traded price of the tradable object during the predetermined period of time, along with at least one quantity indicator associated with at least one order to buy/order the tradable object. The first indicator, the second indicator, and the at least one quantity indicator are displayed in relation to a static axis of price, and the client terminal dynamically updates the first and second indicator to new lowest and highest traded prices based on market updates received from an exchange. | 09-16-2010 |
| 20100241584 | FLEXIBLE DESIGN PENSION ACCOUNT - Apparatus and methods for configuring a flexible pension account are provided. A flexible pension account may be offered as a product of a financial institution. Terms governing contribution of funds to the account, distribution of funds from the account, modifications to the account and management of the account may be chosen to create an account customized toward individual customer needs. The flexibility within the account design allows for unequal contributions from a variety of contributors as well as unequal distributions to a variety of beneficiaries. The flexible design may be combined, in certain embodiments, with tax-deferred growth and a minimum income guarantee. Account management and modification may be in the hands of an account administrator. | 09-23-2010 |
| 20100241585 | Method for valuing forwards, futures and options on real estate - A system and method for matching buy and sell orders is provided. A daily cash index of real estate values for a local region is maintained and a trading instrument representative of an interest in real estate in the local region is created. In this regard, a cash settlement of the trading instrument is a function of the daily cash index on the date of said cash settlement. In addition, a plurality of buy orders relating to the instrument are generated; a plurality of sell orders relating to the instrument are generated; and the buy and sell orders are matched to determine a purchase and sale of the instrument. | 09-23-2010 |
| 20100241586 | Decision assistance platform configured for facilitating financial consulting services - A system includes instructions configured for enabling the one or more data processing device to facilitate preparing client-specific template information and determining client-specific consulting information dependent upon the client-specific template information. The client specific template information includes performance criteria, weightings, defined investment dataset information, filters configured for refilling investment dataset information and/or process instructions. Examples of client specific consulting information include investment index performance scores, performance scores of investments in an investment portfolio, objectively quantified investment choices, asset class corresponding to allocated investment within an investment portfolio, comparative performance analyses between allocated investments and non-allocated investments represented within an asset class, and other information utilized by an investor for making investment decisions. | 09-23-2010 |
| 20100241587 | Decision assistance platform configured for facilitating financial consulting services - A system includes instructions configured for enabling the one or more data processing device to facilitate preparing client-specific template information and determining client-specific consulting information dependent upon the client-specific template information. The client specific template information includes performance criteria, weightings, defined investment dataset information, filters configured for refining investment dataset information and/or process instructions. Examples of client specific consulting information include investment index performance scores, performance scores of investments in an investment portfolio, objectively quantified investment choices, asset class corresponding to allocated investment within an investment portfolio, comparative performance analyses between allocated investments and non-allocated investments represented within an asset class, and other information utilized by an investor for making investment decisions. | 09-23-2010 |
| 20100241588 | SYSTEM AND METHOD FOR DETERMINING CONFIDENCE LEVELS FOR A MARKET DEPTH IN A COMMODITIES MARKET - A system and method are provided for providing improved market depth information for traders in exchanges such as a commodity exchange, for example. By adding a confidence rating or quality data to the depth information, the invention provides more useful depth information that should make it much easier for traders to see what is really going on in a market, such as which orders really are working with an intention to be filled. The confidence rating or quality data also may reduce the influence of automated tools on the market place. The confidence ratings may be based on historic behavior patterns of traders or accounts so that a history may be maintained for each trader or account and used to create an aggregated confidence rating for projected bid and offer price levels on a known bid volume showing the likelihood that any order may be filled, or to what degree. | 09-23-2010 |
| 20100241589 | Visual-Aided Position Sizing and Order Entry - Methods and apparatuses, including computer program products, enable visual-aided position sizing and trading. A method includes displaying a graph of a financial instrument and account data representing an account balance, and receiving a risk value and an order type for the displayed financial instrument. The method displays a risk amount according to the risk value and account balance and the currency of the displayed financial instrument and an exchange rate between the financial instrument and the account balance. The method receives an entry price, a stop price and a profit target price, determines a position size and a risk/reward ratio value in response to the risk amount, entry price, stop price and profit target price, and displays the position size and risk/reward ratio value for direct order entry to a bank or broker. | 09-23-2010 |
| 20100241590 | METHOD OF CREATING A FINANCIAL INSTRUMENT - The present invention relates to a central processing station for creating a financial instrument, wherein the central processing station is configured to operate in accordance with the following steps: selecting a biological asset; and assigning one or more biological growth models to that biological asset; and determining a current value for the biological asset; and issuing, based upon said current value one or more redeemable certificates associated with the biological asset; and determining at any point in the future new current values of the certificates using the growth model. | 09-23-2010 |
| 20100241591 | System and Method for Electronic Spread Trading in Real and Synthetically Generated Markets - A system and method are provided to analyze synthetic and real markets that offer interchangeable tradable objects to find market opportunities that a trader may capitalize on. A synthetic market is an electronic market created out of real markets by a computer terminal or gateway. A real market is an electronic market that is offered by an electronic exchange. If a desirable market opportunity is found, the preferred embodiments can take action such as by sending orders to either one of the markets, or by sending orders to both markets. An advantage of the preferred embodiments, among many others, is that they can make “invisible” trading opportunities more readily apparent. | 09-23-2010 |
| 20100241592 | SYSTEM AND METHOD FOR REVERSING ACCOUNTING DISTORTIONS AND CALCULATING A TRUE VALUE OF A BUSINESS - A method for reversing accounting distortions of financial information, comprising the steps of obtaining a set of financial information regarding an entity, the financial information including accounting distortions and notes detailing said accounting distortions; analyzing the financial information and notes to determine an accurate economic model; and using said accurate economic model to automatically determine the true profitability of an entity and comparatively value a plurality of expectations with respect to the financial information. | 09-23-2010 |
| 20100241593 | System and Method for Emulating a Long/Short Hedge Fund Index in a Trading System - A system comprises a memory operable to store a compound index that is based at least in part on a plurality of component indices. The plurality of component indices comprise an international developed markets equity index, a U.S. large-cap equity index, and a U.S. small-cap equity index. The compound index is further based at least in part on a plurality of weights, wherein each weight is associated with a respective one of the plurality of component indices. The system further comprises a processor communicatively coupled to the memory and operable to update the plurality of weights according to a regression analysis. The regression analysis is based at least in part on a respective set of returns associated with each of the plurality of component indices and with a hedge fund index. The plurality of weights are updated such that the compound index emulates the hedge fund index. The processor is further operable to determine a current compound index value based at least in part on the plurality of component indices and on the updated plurality of weights. The processor is further operable to transmit the current compound index value to one or more clients. | 09-23-2010 |
| 20100241594 | Apparatus and process to generate output - An apparatus and process, including an electronic system, the system for generating output in selling fixed income instruments, the system including a first computer system having an output device and at least one other computer system having an input device, the first computer system and the other computer system being respectively located, the computer systems being used in cooperation in a multiple computer system in electronically communicating data between the computer systems. | 09-23-2010 |
| 20100250464 | Method of managing financial instruments, equipment lease derivatives and other collateral instruments, data architecture, application and process program - A computer-implemented process ad methodology that selects collateral instruments such as equipment leases, using mathematical models, based on selection criteria, risk-reward relationships, and maturity needs resulting in the creation of new financial instrument derivatives. These new derivatives allow for creation of secured private equity, public equity, mutual funds and venture capital funds where the investors' principal is safeguarded against loss regardless of the performance of the investments being made. A two-tier investment structure is created whereby the principal amounts from the fund are invested in specially identified high yield vehicles such as residual equipment leases with high yields over certain maturities. The high yield cash flow only is then invested in higher risk investments such as venture capital start-ups companies. | 09-30-2010 |
| 20100250465 | MULTIDIMENSIONAL RISK ANALYSIS SYSTEMS - Multi-dimensional risk assessment in multiple time frames, capable of warning of upcoming risks and current risk levels in market trading without tedious manual confirmations. | 09-30-2010 |
| 20100250466 | Collateral Trust Management System - A computer implemented method and system is provided for managing counterparty risks associated with collaterals held by counterparties and minimizing systemic risk. A collateral trust management system (CTMS) is provided. Trust accounts are created for holding assets associated with a fund counterparty or collaterals from a derivative counterparty. A central collateral trust is created for providing funding to the trust accounts for the assets and for exposing the assets in the CTMS. The trust accounts are assigned to the counterparties. Leverage is determined for the trust accounts. Risk of assets in the trust accounts, assets' funding requirements, and amount of collaterals to be posted for external funding provided to the trust accounts are calculated. Collaterals, equity, and/or assets are pooled into the central collateral trust and assets are rehypothecated based on the calculation, for obtaining financing for the trust accounts. The CTMS securitizes risk of default of the trust accounts. | 09-30-2010 |
| 20100250467 | PORTFOLIO CONFIRMATION AND CERTIFICATION PLATFORM - A system and method for confirmation of hedge fund information, comprising performing an asset/liability confirmation by comparing corroborating data received from a third party independent of the hedge fund to a list of hedge fund assets/liabilities to identify third party confirmed assets/liabilities that correspond to the corroborating data. A price input confirmation is performed to identify a fund-provided value of an asset/liability as a confirmed value when it substantially corresponds a third party value of each asset/liability. Assigning a unique identifier to a confirmation instance and associated the unique identifier to a report identifying the proportion of the fund's NAV attributable to the total value of third party confirmed assets/liabilities and attributable to the total confirmed value of assets/liabilities. A second report identifying generated risk and/or performance data includes the unique identifier to certify that the asset/liability and price input confirmations have been performed. | 09-30-2010 |
| 20100262560 | METHOD AND SYSTEM FOR ASSESSING APPLICATION PORTFOLIO - A web based method and system for assessing client portfolio is disclosed. Assessing client portfolio of the client comprises checking whether the client portfolio maps to the application needs of the client. An assessment model is generated to assess the client portfolio. Inputs regarding business domains and strategy of the client is received and based on the inputs the assessment model is generated. Thereafter assessment score of the client is calculated based on the client inputs and modifications for the assessment model. If the assessment score of the client is below a threshold limit, the client is prompted to update his or her client portfolio. | 10-14-2010 |
| 20100262561 | System and method for modeling and implementing an employee benefit plan - A process for determining the optimal premium structure and a lucrative retirement and a death benefit plan, provided by an employer to an employee, using a portion of the employee's contribution and the employer's contribution to finance the premium. | 10-14-2010 |
| 20100262562 | RETIREMENT INCOME PLAN SYSTEMS AND METHODS - Systems and methods of implementing sponsored retirement income plans with all effective fiduciary discretion and responsibility residing with a fiduciary entity that is separate from a co-sponsor. | 10-14-2010 |
| 20100262563 | SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT USING TECHNIQUES TO MIMIC AN ACCOUNTING DATA BASED INDEX AND PORTFOLIO OF ASSETS - A system, method and computer program product creates an index based on accounting based data, as well as a portfolio of financial objects based on the index where the portfolio is weighted according to accounting based data. A passive investment system may be based on indices created from various metrics. The indexes may be built with metrics other than market capitalization weighting, price weighting or equal weighting. Non-financial metrics may also be used to build indexes to create passive investment systems. Additionally, a combination of financial non-market capitalization metrics may be used along with non-financial metrics to create passive investment systems. Once the index is built, it may be used as a basis to purchase securities for a portfolio. Specifically excluded are widely-used capitalization-weighted indexes and price-weighted indexes, in which the price of a security contributes in a substantial way to the calculation of the weight of that security in the index or the portfolio, and equal weighting weighted indexes. Valuation indifferent indexes avoid overexposure to overvalued securities and underexposure to undervalued securities, as compared with conventional capitalization-weighted and price-weighted. | 10-14-2010 |
| 20100262564 | Conditional Probability Method For Stock Option Valuation - A method, system, and computer program product for determining stock option pricing in which the interplay of short-term interest rates and expected long-term rates of return on the underlying security results are factored to yield a more accurate forecast of options prices as compared to conventional models. The method of the present invention employs an expected long-term rate of return parameter and a conditional probability volatility parameter and an adjustment factor to address the put-call parity theorem which addresses the accuracy problems of the Black-Scholes model. The method can also be applied using a known current option prices to determine an assumed long-term rate of return. | 10-14-2010 |
| 20100262565 | EXCHANGE TRADING OF MUTUAL FUNDS OR OTHER PORTFOLIO BASKET PRODUCTS - A system for determining a basket of financial instruments for hedging investment risk in actively managed exchange traded funds is described. The system uses a trusted computer system and includes a computer storage medium storing a computer program product. The product determines the basket of hedging instruments by extracting factor information from a portfolio of the actively managed exchange traded fund and determining factors that affect the price of the exchange traded fund. The program can select a portfolio of instruments with similar behavior with respect to the determined factors to produce a hedging portfolio that tracks the price of the exchange traded fund. | 10-14-2010 |
| 20100268663 | SYSTEM AND METHOD FOR TRADING IMPROVED FINANCIAL INSTRUMENTS - A computerized exchange system and computerized clearing system for matching and clearing of an improved financial instrument. The financial instruments being associated with central bank interest rates and may be used, among other things, to facilitate understanding of the price of an interest rate that is based on the central banks interest rate. | 10-21-2010 |
| 20100268664 | SYSTEMS, METHODS AND COMPUTER PROGRAM PRODUCTS FOR ADAPTIVE TRANSACTION COST ESTIMATION - A system, method and computer program product are provided for forecasting the transaction costs of a trade using empirical data and user-defined modeling constraints based on real-time data regarding changes in market conditions. In preferred embodiments, the invention acts as a forecaster whereby it accepts inputs from customers and identifies real-time market analytics, and provides dynamically adjusted ex ante cost estimates and metrics for the prevailing market conditions. Specific cost estimation and optimization algorithms can be provided to model transaction costs of a specific trade based on empirical data and real-time variables. | 10-21-2010 |
| 20100268665 | CASH FLOW RATING SYSTEM - Methods and systems are provided herewith for rating a likelihood of payment of one or more cash flows. A computing device receives information about a debt instrument portfolio comprising one or more debt instruments, the information comprising a quantity and a price (e.g., a purchase price) associated with each of the one or more debt instruments. The computing device determines a current market price of each of the one or more debt instruments. The computing device determines a payment schedule for each of the one or more debt instruments, each payment schedule comprising one or more payments, each payment schedule correlating a series of payment amounts with respective scheduled times of payment. The computing device determines a probability of payment for the one or more payments for each of the one or more debt instruments. In some embodiments, the computing device may also determine an expected net present value of the one or more payments. The computing device may also determine a portfolio cash flow rating of the debt instrument portfolio based on one or more of: the quantity and purchase price associated with each of the one or more debt instruments; and the probability of payment for the one or more payments. The cash flow rating may also be determined based on a current market price of each of the one or more debt instruments, a net present expected value of the one or more payments in the payment schedule for each of the one or more debt instruments, and/or a credit rating of one or more issuers associated with the debt instruments. The computing device outputs the portfolio cash flow rating to an output device. | 10-21-2010 |
| 20100268666 | System and method configured for facilitating financial analysis - A method comprises determining a plurality of investment performance scores, determining a plurality of investment index performance scores and assessing each one of the investment performance scores dependent upon a respective one of the investment index. Each one of the investment performance scores corresponds to a respective investment of an investment portfolio. Each one of the investment index performance scores corresponds to a respective investment index. The respective investment index corresponds to a respective one of the investment performance scores. The method may comprise determining a collection of indices that each corresponds to a respective investment of the investment portfolio of the client, determining a composite investment index performance score dependent upon the indices, and assessing the investment portfolio dependent upon the composite investment index performance score. | 10-21-2010 |
| 20100268667 | VENTURE EXCHANGE SYSTEM - The Venture Exchange System uses a hardware server to connect investors and entrepreneurs over the network. The Exchange system allows the investors to invest money in business plans in a secure fashion and allows the investors to exchange security interests in business plans which they have invested in with other investors using the same system. | 10-21-2010 |
| 20100268668 | Portfolio investement management method, system and computer program product - A method for an automated insured deposit portfolio management includes receiving a request from a depositor to invest funds in an insured deposit product including investment vehicles that use a combination of money market deposit accounts and CD Products, selecting a first portion of the funds for investment in at least one money market account in at least one issuer bank, and selecting a second portion of the funds for investment in at least one CD Product in at least one issuer bank. An escrow amount can be computed that compares to an early withdrawal penalty for each CD Product. Thereafter, investment of the first portion can be directed for investment in at least one money market deposit account with at least one issuer bank, and investment of the second portion can be directed in at least one CD Product with at least one issuer bank. Finally, a record of the first and second portions can be stored in connection with the depositor. | 10-21-2010 |
| 20100268669 | Advisor Referral - An apparatus and method for an advisor referral tool for objectively matching professional services between users and advisors in an on-line or computer based environment. The advisor referral tool matches users with professional advisors by executing an advisor matching algorithm to select a subset of advisors from an advisor database based on user selected search criteria. A server computer calculates a percent match value for each advisor in the subset of advisors that corresponds to consumer responses to predetermined psychographic/profile questions. The server computer then creates a best fit advisor list of advisors from the subset of advisors that is based on the calculated percent match value. The best fit advisor list is then transmitted to and displayed on the user's computer. | 10-21-2010 |
| 20100268670 | Method And Tool For Retirement Income Management - The present invention is a method of monitoring a retirement income plan and managing retirement income through use of a retirement income planning tool. The retirement income planning tool is comprised of modules working together in order to facilitate planning, monitoring, management and generation of a retirement income plan. The projected assets are generated in response to the processing of financial data input into the retirement income planning tool in view of potential investment performance scenarios. The financial data input into the retirement income planning tool includes at least a customer's desired retirement income levels, assets level and retirement compensation levels. The retirement income plan is comprised of at least data representative of projected retirement compensation, asset levels and projected asset withdrawals. The retirement income planning tool compares a client's retirement compensation to the comprehensive retirement income levels desired in order to determine the level of asset withdrawals necessary to achieve the comprehensive retirement income levels. The method of monitoring includes guidelines for dynamic management and monitoring of retirement asset withdrawals and investments in order to facilitate retirement asset utilization over the life of the retirement income plan. | 10-21-2010 |
| 20100274734 | Credit Portfolio Benchmarking System and Method - A portfolio benchmarking system comprises a repository of trade data, a repository of consumer data, a build computer, and a benchmarking query application. The repository of trade data comprises a plurality of data items regarding trade lines. The repository of consumer data comprises a plurality of data items regarding consumers, wherein at least some information in the consumer data is not in the trade data and at least some information in the trade data is not in the consumer data. The build computer periodically generates at least one data file comprising a plurality of data items, each data item combining information from the trade data and the consumer data, such that searches can be performed on the combined data without joining trade data and consumer data at query run time. The benchmarking query application executes queries on the data file generated by the build computer. | 10-28-2010 |
| 20100274735 | Investment Portfolio Partitioning for Improved Returns - Described herein is a two-step elimination procedure of companies in a diversified portfolio that yields a selection of companies that overall has reduced risk and improved returns compared to the diversified portfolio. | 10-28-2010 |
| 20100274736 | CLASS-BASED DISTRIBUTED EVOLUTIONARY ALGORITHM FOR ASSET MANAGEMENT AND TRADING - A server computer and a multitude of client computers form a network computing system that is scalable and adapted to continue to evaluate the performance characteristics of a number of genes generated using a software application. Each client computer continues to periodically receive data associated with the stored genes stored in its memory. Using this data, the client computers evaluate the performance characteristic of their genes by comparing a solution provided by the gene with the periodically received data associated with that gene. Accordingly, the performance characteristic of each gene may be updated and varied with each periodically received data. The performance characteristic of a gene defines its fitness. The genes may be virtual asset traders that recommend trading options. The genes may be assigned initially to different classes to improve convergence but may later be decided to merge with genes of other classes to improve diversity. | 10-28-2010 |
| 20100274737 | METHOD AND SYSTEM FOR MONITORING FOR AND REPORTING OF LIEN DISTRESS EVENTS - A computer-based method of monitoring for and reporting of a lien distress event relatable to a lien against a property includes the steps of extracting loan data from a client loan portfolio, defining the lien distress event relatable to the loan data by using one or more lien distress event criterion, detecting an occurrence of the lien distress event iteratively, and notifying a client of the occurrence of the lien distress event. | 10-28-2010 |
| 20100274738 | Guaranteed Principal Investment System, Product and Method - A software-implemented investment system and related software product including at least one equity profile, one or more non-guaranteed investment instruments and at least one target-risk profile, wherein the target-risk profile and the investment equity profile provide a return on an initial investment amount, said return comprising at least a predetermined sum certain principal amount. | 10-28-2010 |
| 20100274739 | Using Commercial Share of Wallet To Rate Investments - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 10-28-2010 |
| 20100280969 | Method and system for managing pension portfolios - The present invention relates to determining and adjusting the funding adequacy of a pension plan by calculating: a custom liability index, an asset allocation model, a performance attribution model; and managing alpha and beta portfolios, including inputting selected data from an actuarial report based upon benefit schedules and plan contributions; and determining if the assets in the alpha portfolio exceed the growth in liabilities; and if the alpha assets exceed the growth of liabilities; then determining if the excess exceeds a threshold; and if the excess are greater than the threshold then transferring the excess according to a predefined percentage, and reducing the assets in the alpha portfolio by an amount transferred; and calculating a performance attribution; and if the performance attribution is less than required to meet the pension plan benefit obligations then choosing new investments or adding cash and calculating an actuarial analysis for the pension plan. | 11-04-2010 |
| 20100280970 | METHOD FOR EXECUTING A SINGLE TRANCHE SYNTHETIC ABS DERIVATIVE TRANSACTION - A Single Tranche Synthetic ABS product is designed to replicate economics returns of structured finance collateralized debt obligations (SF CDO) securities and allow parties to express a leveraged and/or correlation view on a custom ABS portfolio by transferring a credit risk of a particular transacted tranche of a portfolio in swap format. The inventions described herein account for an available funds cap risk of the ABS securities within the underlying portfolio in a manner equivalent to a cash analog based on the same underlying portfolio with sequential pay structure. | 11-04-2010 |
| 20100280971 | METHOD AND SYSTEM FOR ESTABLISHING, MONITORING, AND RESERVING A GUARANTEED MINIMUM VALUE RETURN ON SELECT INVESTMENTS - The present invention provides a method and system for assuring a minimal guaranteed return on long-term investments, such as mutual funds or variable annuities. The invention includes a method and system for pricing, administration, customer presentation, and reserving relating to the guaranteed minimum return assurance. In addition, the present invention includes a method and system for allowing individual investors to control and easily change their typical asset allocation strategies. In order to accomplish the minimum guaranteed return, the present invention also includes sophisticated projection techniques, such as Monte Carlo simulation of investment performance. The present invention also includes features that allow the tracking of payments and removal of overcontributions from selected accounts, use of reserving techniques, optimizing investment diversification, proposal, issue, and administration of variable annuity riders, such as guaranteed minimum variable income benefit riders and guaranteed minimum income benefit riders, linkable to guaranteed minimum death benefits, and establish a charge for the guarantee. | 11-04-2010 |
| 20100280972 | System and Method for Locating a Document Containing a Selected Number and Displaying the Number as it Appears in the Document - The disclosure describes a system and method for locating a number in a source document by presenting and manipulating data on private and public companies. A central database of financial information is established. A target entity is entered within the central database by a user, and financial information of the target entity from the central database is displayed. Once a number within the display of financial information is selected, the system and method determines which document is the source document containing the numbers, searches through the source document for the number, identifies the location of the number in the source document and highlights and displays the number as it appears in the source document to the user. | 11-04-2010 |
| 20100287113 | System and process for managing beta-controlled porfolios - A computer system is selectively programmed to support one or more investment portfolios that have applied to them a counter balancing investment so as to achieve and maintain a target sensitivity to one or more broad market parameters through dynamic multi-beta hedging. The computer system is programmed to process input data relating to a portfolio's expected volatility based on its broad market exposures and the volatility of these broad markets, a target portfolio volatility, and historical volatility performance over a selected interval, and based thereon, modify the portfolio so as to achieve a future volatility corresponding to the selected target. | 11-11-2010 |
| 20100287114 | COMPUTER GRAPHICS PROCESSING AND SELECTIVE VISUAL DISPLAY SYSTEMS - Methods and systems are provided herewith for determining prices and executing trades among a plurality of users of an electronic trading system. The users may transmit to a processor a plurality of bid-offer pairs, each comprising an estimate of a fair bid and offer price for exchanging between a first and a second currency. The processor may determine an exchange rate for exchanging between the first currency and the second currency based on a determined qualifying set of overlapping bid-offer pairs. The processor may match user orders to exchange between the first and second currencies and execute those orders at the exchange rate. A price adjustment amount is determined based on a change in price after each of a plurality of exchanges between the first and second users. A subsequent transaction between the first and second user is adjusted by a price adjustment amount selected at a user interface. | 11-11-2010 |
| 20100287115 | System and Process for Managing Beta-Controlled Portfolios - A computer system is selectively programmed to support one or more investment portfolios that have applied to them a counter balancing investment so as to achieve and maintain a target sensitivity to one or more broad market parameters through dynamic multi-beta hedging. The computer system is programmed to process input data relating to a portfolio's expected volatility based on its broad market exposures and the volatility of these broad markets, a target portfolio volatility, and historical volatility performance over a selected interval, and based thereon, modify the portfolio so as to achieve a future volatility corresponding to the selected target. | 11-11-2010 |
| 20100287116 | Non-capitalization weighted indexing system, method and computer program product - An investment system based on indices created from various metrics is disclosed. The indexes may be built by selecting from a universe of assets, a subset using selection metrics primarily substantially independent of market capitalization weighting, price weighting or equal weighting. These metrics may include, but are not limited to book value, sales, revenue, debt to equity adjusted sales, earnings, earnings per share, EBITDA, income, income growth rate, any dividends, any dividends per share, any dividend yield, any distribution to holders, buybacks, cumulative retained cashflow, earnings before interest, tax, depreciation and amortization, employees, demographics, etc. Non-financial metrics may also be used to build indexes, which may be used to create investment systems. Additionally, a combination of financial non-market capitalization metrics may be used along with non-financial metrics to create passive investment systems. Once the index is built, it may be used as a basis to purchase securities for a portfolio. As the data underlying the indexes change because of, e.g., economic activity, the index may be updated and may be used as a basis to rebalance the portfolio. Several time periods may be averaged. Alternatively, the index can be rebalanced when a pre-determined threshold is reached, or on a periodic or aperiodic basis. Specifically excluded are widely-used capitalization-weighted indexes and price-weighted indexes, in which the price of a security contributes in a substantial way to the selection of the constituents in the index or the portfolio. Valuation indifferent indexes of the present invention avoid overexposure to overvalued securities and underexposure to undervalued securities, as compared with conventional capitalization-weighted and price-weighted. | 11-11-2010 |
| 20100287117 | FINANCIAL ASSET MANAGEMENT SYSTEM - A financial asset/stock investment system and a method for performing necessary and optimal transactions periodically in response to fluctuating stock market. The system includes a data set of investment terms for clients, a stock analysis logic for calculating the stock investment amount and determining the stock investment ratio defined as the ratio of amount of stock to be held and transacted buying and/or selling stocks, and a stock optimal transaction logic for automatic buying and/or selling stocks recommended from investment terms, stock index, stock investment amount and transaction-buying and/or selling amount. The recommendation from the system is made to profit from stock trading based on the stock investment ratio. | 11-11-2010 |
| 20100287118 | SYSTEM AND METHOD FOR GENERATING TRANSACTION BASED RECOMMENDATIONS - A system for generating recommendation data includes an assessment unit and an evaluation unit. The assessment unit is configured to receive transaction data for a plurality of transactions and to assess each transaction and generate assessment data based thereon. The evaluation unit is coupled with the assessment unit and configured to receive an evaluation request including a proposed transaction, and generate recommendation data including a certainty indicator which indicates a level of certainty that the proposed transaction will be successful according to predetermined criteria. | 11-11-2010 |
| 20100287119 | Method And System For Simulating Risk Factors In Parametric Models Using Risk Neutral Historical Bootstrapping - An improved method for simulating noise-varying risk factor values in a parametric simulation comprises analyzing historical data to determine the actual value of the risk factors and other attributes in the model and using this data to generate historical residual values which reproduces the historical price when used in the model with corresponding historical attribute values. The set of historical residual values is standardized and can be bootstrapped to increase the number of members in the set or vary the sets properties. Values of the historical residuals are then selected, e.g., at random, and used in place of the random noise components to produce simulated risk factor values which are used in the parametric model to simulate the evolution of the instrument price. | 11-11-2010 |
| 20100293107 | Risk and Reward Assessment Mechanism - A data driven and forward looking risk and reward appetite methodology for consumer and small business is described. The methodology includes customer segmentation to create pools of homogeneous assets in terms of revenue and loss characteristics, forward looking simulation to forecast expected values and volatilities of revenue and loss, and risk and reward optimization of the portfolio. One methodology used for modeling revenue and loss is a generalized additive effect decomposition model to fit historical data. Based on the model, a segmentation procedure is performed, which allows for creation of groups of customers with similar revenue and loss characteristics. An estimation procedure for the model is developed and a simulation strategy to forecast and simulate revenue and loss volatility is developed. Efficient frontier curves of risk (e.g., return volatility) and reward (e.g., expected return) are created for the current portfolio under various economic scenarios. | 11-18-2010 |
| 20100293108 | Automated Practice Management System - A practice management method and system includes a repository for storing client information data including at least one client identifier and at least one client characteristic associated with the client. Client account data is also stored and identifies at least one account linked to the client via the at least one client identifier, the client account data includes data representing a financial portfolio associated with the client and having an initial balance value and a risk value. A risk allocation profile data is stored in the repository and includes a risk allocation profile type and a risk allocation value. A data processor is electrically coupled to the repository and acquires the client information data and the client account data including the financial portfolio having the initial balance value and calculates an updated balance value for the financial portfolio based on the risk allocation profile type and comparing the risk allocation value of the risk allocation profile type with the risk value of the financial profile data. The data processor modifies the client account data in response to the comparison to include the calculated updated balance value for the financial portfolio data. | 11-18-2010 |
| 20100293109 | Systems, Methods and Computer Program Products For Routing Electronic Trade Orders For Execution - A system, method and computer program product are provided for routing electronic trade orders to trade execution venues. At an electronic trading server, electronic order information is received that defines a first electronic trade order including an identification of underlying assets to be traded on an electronic exchange or marketplace, a side of the trade, and a limit price. The electronic order information is stored in an electronic data storage facility. One or more second electronic trade orders are generated from the first electronic trade order and transmitted, via a trade router, to one or more electronic trading venues. Market data for a non-displayed electronic trading venue is received. It is determined if one or more of the second electronic trade orders has become stagnant. If any of orders are determined to be stagnant, the stagnant orders are cancelled and one or more third electronic trade orders are generated based on the first electronic trade order and on the cancelled orders, and transmitted to the non-displayed electronic trading venue. | 11-18-2010 |
| 20100293110 | METHOD AND SYSTEM FOR ELECTRONIC OPTIONS TRADING ON A GRAPHICAL USER INTERFACE - A method and system for electronic options trading on a graphical user interface. One or more sets of electronic option trading information are automatically displayed in a graphical in a dynamic option information column in a market depth format. The information displayed in the dynamic option information column is dynamically selectable and changeable based on electronic option trading preferences. The dynamic option information column is automatically and dynamically re-centered upon a current selected graphical option information entity displayed in the dynamic option information column that continuously and dynamically changes with changes in the dynamic option information displayed. Risk management and assessment for electronic options trading is also provided. | 11-18-2010 |
| 20100299280 | System and Method for Displaying Trade Information for Electronic Trading Exchange - A system and method for displaying trade information is disclosed. The method includes receiving from a host exchange a plurality of trade notifications, each trade notification corresponding to an executed trade, and for each executed trade of interest, determining whether the executed trade belongs in an aggregated set with one or more other executed trades. All executed trades in an aggregated set are for the same associated tradable object, have traded at the same associated trade price, and have been executed within a predetermined time period of each other. Aggregated sets are displayed a user display with an associated aggregated quantity, and the remaining executed trades of interest are also displayed. Trades are displayed using an associated indicator for indicating whether the corresponding executed trade or aggregated trade traded on the bid side or on the offer side of the market, and which indicates whether additional volume is available at the associated trade price. | 11-25-2010 |
| 20100299281 | Facilitating management of 401K retirement savings plans - A consultation analysis for a 401K retirement savings plan comprises a plurality of informational elements. Participant profiles are a first one of the informational elements and are provided for each one of a plurality of classes of participants in the 401K retirement savings plan. A model portfolio is a second one of the informational elements and are provided for each one of the participant profiles. At least a portion of the model portfolios include a plurality of asset classes. Designation of a plurality of performance-quantified investment choices for each one of the asset classes is a third informational element. The performance quantified investment choices are performance-quantified with respect to at least one performance factor. Designation of a plurality of suggested ones of the investment choices for each one of the asset classes is a fourth informational element. | 11-25-2010 |
| 20100299282 | Method and System for Modeling Volatility - A method for determining the implied volatility of a swap option employs intuitive factors to arrive at a close approximate of volatility. The volatility curve is a convex shaped curve which more closely follows real market volatility than previous methods. The slope of the curve is provided by employing a premium model which allows for a correlation between rates and volatility. The convex shaped curve is arrived by assuming a lognormal distribution for the underlying volatility. | 11-25-2010 |
| 20100299283 | SYSTEMS AND METHODS FOR DELIVERING PARAMETERS TO AUTOMATED SECURITY ORDER EXECUTION SYSTEMS - In one aspect, the present invention permits users of trading algorithms to jointly achieve the objectives described above, namely: (a) permit access to trading algorithms of (arbitrary) complexity without requiring proprietary protocol extensions; (b) allow users to easily identify and store one or more sets of dynamic vs. static parameters (and related details, including user interface layout); and (c) allow any given pre-defined set of parameters to be easily invoked and used to submit orders. In another aspect, the invention comprises a computer system comprising: (a) an authoring tool operable to enable a user to design custom trading strategies and create interface definitions; and (b) a pre-processor operable to receive a custom strategy order message delivered via a standard protocol, load an definition for a corresponding custom strategy, enrich the order message based on the definition, and pass the enriched message to a trading strategy destination. | 11-25-2010 |
| 20100306126 | MANAGEMENT OF GOALS AND RECOMMENDATIONS - Methods, systems, and computer-readable media are disclosed for managing goals and recommendations. A particular method includes identifying one or more financial planning objectives for a financial planning client, receiving information relating to the one or more financial planning objectives, and creating a financial planning goal for the financial planning client based at least in part on an analysis of the information. One or more financial planning recommendations are associated with the financial planning goal, and data identifying the financial planning goal and the one or more financial planning recommendations is stored in a data store. The method also includes monitoring progress of the financial planning client with respect to the financial planning goal over at least a portion of a financial planning lifecycle. | 12-02-2010 |
| 20100306127 | RETIREMENT INCOME SELECTOR SYSTEMS AND METHODS - The disclosed technology provides systems and methods that provide investors with a product category allocation based on the investor's preferences regarding asset flexibility and guaranteed income. Whereas existing technologies focus on risk and evaluate how an investor's tolerance for risk impacts particular investment choices, the disclosed technology makes no investment choices when it presents a product category allocation to an investor. The product category allocation is presented to the investor on the basis of the investor's preferences regarding asset flexibility and guaranteed income. The product category allocation includes one or more product categories that guarantee income and one or more flexible asset categories. The disclosed technology also provides a computer executing software, where the executed software causes the computer to provide investors with a product category allocation based on the investor's preferences regarding asset flexibility and guaranteed income. | 12-02-2010 |
| 20100306128 | SECURITIES' VALUE MONITOR PROGRAM - An illustrative embodiment of the present disclosure includes a computer-based method to enable users to comparatively monitor a fair value for a security. The method comprises the steps of: providing a computer configured to receive a data file of securities information wherein computer performs the steps of: uploading a data file of securities information; merging the data with corresponding data provided by other contributors relevant to the security; analyzing the merged data to create key performance indicators; creating a data table of securities from the data files uploaded to the computer; filtering out identities of names of contributors to keep source of securities pricing information anonymous; calculating percentage of contributors who have selected SFAS 157 Levels other than the SFAS 157 Level disclosed in the upload; selectively creating a report; and comparing user price paid to other valuations to gauge whether the particular valuation is a fair value. | 12-02-2010 |
| 20100306129 | SECURITY PRICING METHOD AND SYSTEM - The present invention includes a method and system implemented using a general-purpose computer known as Security Pricing System that generates target price and price indicators for traded securities such as stocks, bonds, and related indices, composites and derivative instruments. The method includes receiving historical data and optional forward-looking projected data related to securities, developing a security pricing model, and creating a security pricing tool that utilizes received historical data and the developed security pricing model to generate target price and price indicators. The target price can be used to evaluate expected gain/loss from holding a position in a security through comparison with current bid/ask prices. Price indicators such as price channel, divergence, support level, velocity, and momentum provide additional insight regarding the price spread and appreciation potential, direction and intensity of price movement, and investor sentiment. Price indicators can be used to identify, evaluate, analyze, and derive other conclusions or recommendations regarding security price and its investment potential. The system optionally includes a decision support tool for creating and managing an investment portfolio that uses the method and system of the present invention for defined investment objectives and styles. | 12-02-2010 |
| 20100306130 | Financial Protocol For Calculating True Interest Rates When Borrowing or Calculating True Returns On Investments (True Interest-True Return) - Embodiments of the present invention relate to using electronic spread sheet technology in a new way to calculate true interest costs and to calculate true returns on investments. It is shown that a single financial protocol may be utilized to solve any number of interest and return problems. The new protocol is specifically effective in solving problems which entail real life irregular time intervals between financial transactions which do not conform to intervals utilized by conventional formulas or calculators. The invention calculates a unique “time-currency” basis for each borrowing or investment event and annualizes that basis to create an exact equal comparison between borrowing or investment options. The protocol results in allowing users to proceed with increased confidence when weighing financial alternatives thereby allowing users to improve the opportunity to increase their wealth. | 12-02-2010 |
| 20100306131 | INFORMATION PROCESSING APPARATUS, INFORMATION PROCESSING METHOD, AND PROGRAM PRODUCT - An information processing apparatus includes: a rating threshold calculating unit obtaining a probability p | 12-02-2010 |
| 20100306132 | Managing an investment vehicle - A method for managing an investment vehicle. The investment vehicle issues multiple debt instruments to a plurality of investors. The debt instruments have different liability characteristics. The proceeds of the debt instruments are invested in assets. From time to time, liabilities on the debt instruments and the credit quality of the assets is reevaluated, to ensure that the cash flows generated by the portfolio, disregarding fair market value of the assets, will be sufficient to pay timely principal and interest on the liabilities based on the evaluation criteria of two different rating agencies. In response to the reevaluating, the capital structure of the investment vehicle is adjusted to maintain a desired agency rating for the debt instruments. | 12-02-2010 |
| 20100306133 | Order Risk Management for Financial Product Processing - Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade. | 12-02-2010 |
| 20100312717 | Using Commercial Share of Wallet in Private Equity Investments - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. Private equity firms and other investors of small businesses can use the CSoW/CSoSW modeling approach to more accurately evaluate small and privately held companies, both during investment and for evaluating prospective investments. Over-the-counter securities trading systems can also use this modeling approach to provide more accurate information and/or rankings of listed companies to their customers. | 12-09-2010 |
| 20100312718 | METHOD AND SYSTEM FOR PROVIDING ELECTRONIC INFORMATION FOR RISK ASSESEMENT AND MANAGEMENT VIA NET WORTH FOR MULTI-MARKET ELECTRONIC TRADING - A method and system for providing risk management, reporting and assessment for multi-market electronic trading. The method and system allow risk assessment management and reporting to be determined using current and historical trading losses over a pre-determined trading period compared against a pre-determined percentage of current and historical net worth values for electronic trading at a trading firm, a trading firm office and a trading account. Risk thresholds are selectively and dynamically configurable for automatically displaying risk information for and automatically disabling electronic trading when risk thresholds are exceeded. | 12-09-2010 |
| 20100318472 | BETA-TARGETED INVESTMENT FUND - A beta-targeted portfolio is managed by receiving historical beta information regarding a plurality of stocks, and transforming the historical beta information regarding the plurality of stocks into a purchasing decision regarding at least one of the plurality of stocks based on the at least one stock's anticipated future beta. Selected stocks having approximately a desired anticipated future beta matching a desired beta of the portfolio are purchased to form a beta-targeted portfolio. | 12-16-2010 |
| 20100325061 | Electronic Bartering System with Facilitating Tools - A method for responding to order flow is disclosed. The method comprises establishing for a market maker a rule for automatically generating a contra order in response to an order. The rule comprises at least one condition comprising at least one characteristic describing the order. The at least one condition allowing matching based on a security in the order is in a security list specified by the market maker. The method further comprises receiving from a trader the order; matching on the computer the order to the at least one condition of the rule; automatically generating the contra order in response to the order, if the rule is satisfied; and providing the contra order for acceptance. | 12-23-2010 |
| 20100325062 | SYSTEM FOR SELECTING AND PURCHASING ASSETS AND MAINTAINING AN INVESTMENT PORTFOLIO - The invention is in the field of computer implemented systems and methods for generating a profile of an investor's risk tolerance, providing automated investment allocation advice based on the risk tolerance of the investor, generating at least one list of investments for the portfolio of the investor, allowing for review of the at least one list of investments and information relating to historic and/or hypothetical performance and a description of asset selection methodology, performing automated electronic execution of transactions pertaining the investments, maintenance and monitoring of investment portfolios, and rebalancing of investment portfolios. | 12-23-2010 |
| 20100325063 | SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR MARKET-BASED PRICING OF INVESTMENT PRODUCTS WITH GUARANTEED BENEFITS - Systems, methods, and computer program products for determining a fee for an investment product having a guaranteed benefit include a means for determining the fee based upon at least one measurement of market volatility. | 12-23-2010 |
| 20100325064 | SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR CALCULATING WITHDRAWAL AMOUNT UNDER GUARANTEED BENEFIT OF INVESTMENT PRODUCT USING MARKET-BASED VARIABLE RATE - Systems, methods, and computer program products for determining a guaranteed benefit of an investment product include a means for changing an allowable withdrawal amount of the benefit associated with the guarantee based on a market-based interest rate that can be correlated to the hedging cost of the provider in funding the guarantee. | 12-23-2010 |
| 20100325065 | METHODS AND SYSTEMS FOR MONITORING, ANALYZING AND REPORTING INFORMATION IN ASSOCIATION WITH COLLATERALIZED FINANCIAL INSTRUMENTS - In one method embodiment of the present methods and systems, a computer-assisted method is provided for analyzing at least one financial instrument associated with a financial institution. The financial instrument has an associated collateral. The method includes receiving at least one collateral margin record from a collateral data source, wherein the collateral margin record includes information related to at least one collateral margin condition of the financial instrument; comparing at least a portion of the collateral margin record to at least one criterion; and, generating at least one of a report and a notification based on the step of comparing the collateral margin record to the criterion. Various aspects of the present method embodiments discussed herein can also be provided in accordance with various computer-readable media embodiments and system embodiments. | 12-23-2010 |
| 20100325066 | METHOD FOR EXECUTING A SINGLE TRANCHE SYNTHETIC ABS DERIVATIVE TRANSACTION - A Single Tranche Synthetic ABS product is designed to replicate economics returns of structured finance collateralized debt obligations (SF CDO) securities and allow parties to express a leveraged and/or correlation view on a custom ABS portfolio by transferring a credit risk of a particular transacted tranche of a portfolio in swap format. The inventions described herein account for an available funds cap risk of the ABS securities within the underlying portfolio in a manner equivalent to a cash analog based on the same underlying portfolio with sequential pay structure. | 12-23-2010 |
| 20100325067 | METHOD AND SYSTEM FOR UPDATING A LOAN PORTFOLIO WITH INFORMATION ON SECONDARY LIENS - A computer-based method of updating a client loan portfolio with information on secondary liens relatable to portfolio properties includes inputting property data from the portfolio, monitoring a secondary lien database for secondary liens relatable to the property data, and notifying the client if a secondary lien is detected. Notifying the client may include generating a secondary lien report containing an AVM score or a CLTV ratio, and updating the portfolio by generating a new version of the portfolio that includes secondary liens detected during monitoring. A system may include a client station for inputting data for monitoring, an FTP server for uploading the data from the client station, and a mainframe server for standardizing the data, searching databases for secondary liens, calculating the AVM score and CLTV ratio, and generating the secondary lien report for delivery to the client station via the FTP server. | 12-23-2010 |
| 20100332409 | Method for Detecting and Predicting Performance Trends in Stock Markets - A systematic method for detecting trends in Stock Markets' performances based on outcomes generated by a first process, comprising: a) determining a set of possible outcomes associated with a first process; (b) coding the possible outcomes to provide a plurality of separate groups, wherein each possible outcome is systematically allocated to one of the groups; (c) allocating an identifier to each of the groups; (d) monitoring in real time the first process such that actual outcomes generated by the first process are mapped to an identifier in accordance with coding step (b); (e) providing a matrix comprised of a plurality of cells arranged in rows; (f) using an exeleon allocation procedure to allocate each identifier generated in step (d) to said matrix, (for multiple-data-input) and (g) repeating step (f) until a trend of duplicating identifiers becomes self evident. | 12-30-2010 |
| 20100332410 | MICROFINANCE FUNDS AGGREGATION FOR A RETAIL INVESTOR - A computer-implemented system and method supporting microfinance funds aggregation for a retail investor are disclosed. A particular example embodiment includes receiving a purchase request at a host site from an investor at an investor site, the purchase request including information identifying a security offered for sale by a security issuer on the host site; facilitating payment for the security by the investor via a financial site; receiving confirmation of payment for the security; and sending confirmation of payment for the security to the investor. | 12-30-2010 |
| 20100332411 | SYSTEM AND METHOD FOR PROVIDING REALLOCATION AND REVERSE OPTIMIZATION OF A FINANCIAL PORTFOLIO USING A PARAMETRIC LEPTOKURTIC DISTRIBUTION - A system and method for providing reallocation and reverse optimization of a financial portfolio using a parametric leptokurtic distribution are provided. A time series including risk factors applicable over at least one time horizon, a portfolio including financial assets, a quantile, and one or more risk adjusted return points for the financial assets is stored. The financial assets are associated with the risk factors. A subordinated parametric distribution model exhibiting leptokurtic behavior is generated. A function of expected tail loss for the quantile based on the subordinated parametric distribution model exhibiting leptokurtic behavior is expressed. A set of portfolio asset weight changes for each of the financial assets is determined based on the expected tail loss at each such time horizon and for each risk adjusted return point. Reallocation of the portfolio is provided based on the portfolio asset weight changes for each risk adjusted return point for the portfolio. | 12-30-2010 |
| 20100332412 | METHOD AND SYSTEM FOR VIRTUAL STOCK TRADING ON NETWORKS - A system for virtual stock trading on the networks comprises a main database (DB) including a user DB and a stock price DB; a stock price provision server for receiving information on real-time stock prices from the stock market on the networks and transmitting the information on real-time stock prices to the main DB; a stock order server receiving information on the orders; and a stock trading server for receiving the information on the stock prices from the stock price provision server, determining whether to execute the transaction of the stocks by using the information on the orders received from the stock order server and providing the information on the transaction of the stocks to the main DB. | 12-30-2010 |
| 20100332413 | FUTURE VALUE DRIVERS - A computer-implemented method for analyzing corporate investments to measure the performance of a company is provided. The method may include: receiving financial data, the financial data including a plurality of operating investments of the company and a Future Value (FV) of the company; determining with a data processor a plurality of data points from the financial data, each of the plurality of data points indicative of a ratio between one of the plurality of operating investments and the Future Value (FV) of the company; determining a first benchmark and a second benchmark, the first benchmark indicative of a threshold ratio between the FV and the operating investment, the second benchmark indicative of a threshold operating investment; and displaying the data points, the first benchmark, and the second benchmark to advise a user of an effectiveness of the operating investments. | 12-30-2010 |
| 20100332414 | AUTOMATED INVESTMENT ALERTS FROM MULTIPLE DATA SOURCES - A system and method provides investors with meaningful information extracted from large volumes of available data for a particular stock, mutual fund, bond, or other investment. The system includes one or more computers that receive and process multiple data feeds to extract information relating to each type of investment. The processed data is compared to “alert rules” each corresponding to a predefined condition, and a truth table is established that identifies alerts that are true for each particular investment. An investor logs onto a web site and enters a stock ticker symbol or similar investment identifier. Computer software displays a web page including “alerts” that are presently true for that particular investment. The alerts can be predefined by financial experts to make them useful to novice investors. When an investor selects a particular investment, a display is generated showing all of the alerts that are true for that investment and allowing the user to get more information concerning the significance of the alerts. The alerts can be grouped into different categories according to their content or time sensitivity. | 12-30-2010 |
| 20110004566 | Virtual Supercomputer - The virtual supercomputer is an apparatus, system and method for generating information processing solutions to complex and/or high-demand/high-performance computing problems, without the need for costly, dedicated hardware supercomputers, and in a manner far more efficient than simple grid or multiprocessor network approaches. The virtual supercomputer consists of a reconfigurable virtual hardware processor, an associated operating system, and a set of operations and procedures that allow the architecture of the system to be easily tailored and adapted to specific problems or classes of problems in a way that such tailored solutions will perform on a variety of hardware architectures, while retaining the benefits of a tailored solution that is designed to exploit the specific and often changing information processing features and demands of the problem at hand. | 01-06-2011 |
| 20110004567 | FACTOR RISK MODEL BASED SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR GENERATING RISK FORECASTS - A computerized method for generating risk forecasts is provided. A set of securities is selected. A set of risk factors is selected. The risk factor returns a determined. A risk factor covariance matrix and an idiosyncratic variance matrix are constructed. For each risk factor, a factor loading coefficient is determined for each selected security. The risk factor covariance matrix is projected into a future forecast. The idiosyncratic variance matrix is projected into a future forecast. The factor loading coefficients, the future forecast of the risk factor covariance matrix, and the future forecast of the idiosyncratic variance matrix can be used to determine a forecast of the variance-covariance matrix for the selected securities. | 01-06-2011 |
| 20110004568 | METHODS AND SYSTEMS FOR PROVIDING SWAP INDICES - Zero-coupon swap indices are provided for tracking characteristics of nominal, inflation-linked liabilities and other aspects of swaps. A zero-coupon nominal swap index is based on a portfolio of assets consisting of a cash investment at a reference rate combined with a zero-coupon swap, where periodic payments can be exchanged for a single fixed cash flow at maturity. A zero-coupon inflation swap index is based on a portfolio of investments in a zero-coupon inflation swap, a zero-coupon nominal swap and cash invested at a reference rate. Periodic payments on the cash investment can be exchanged, in a zero-coupon nominal swap transaction, for a single fixed payment at maturity. | 01-06-2011 |
| 20110004569 | AUTOMATED AND CONSOLIDATED FINANCIAL PLANNING AND SERVICES - A machine-readable medium has computer-executable instructions, which when executed by a computer, causes the computer to perform a process comprising accepting investor information, determining an investment plan tailored to the investor based on the investor information, implementing the investment plan, and providing regularly updated reports on the investment plan. | 01-06-2011 |
| 20110010309 | INTELLECTUAL PROPERTY ASSESSMENTS BASED ON COMPONENT BUSINESS MODELS - An embodiment of the invention provides a method for IP assessment based on a component business model (CBM). The method assesses components in the CBM via a component assessment module, which interrogates an entity (e.g., a user, a third party consultant, and an information database) with questions. Output (including answers to the questions) from the component assessment module is sent to a component detection module. Scores (e.g., numerical scores and/or low, medium, or high scores) are assigned to the components via the component detection module based on the output from the component assessment module. The output from the component assessment module and/or the scores are analyzed to determine whether a gap, a duplication, a conflict, and/or an over-investment exists in at least one of the components. | 01-13-2011 |
| 20110010310 | METHOD AND SYSTEM FOR A STEP-UP PROVISION IN A DEFERRED VARIABLE ANNUITY WITH A RISING GUARANTEED STEP-UP - A computer implemented data processing system and method for administering a deferred variable annuity contract during the accumulation phase for a relevant life. The annuity contract has a payment base value, a contract value, and a step-up provision. Administration of the product determines whether a step-up of the payment base value is applicable. If applicable, the product determines a step-up, wherein the step-up is guaranteed at a predetermined percentage. The investments of the deferred variable annuity contract are not limited to a specific asset allocation in order to qualify for the step-up provision. | 01-13-2011 |
| 20110016059 | VALUATING INTELLECTUAL ASSETS - To valuate intellectual assets in a portfolio, a corresponding group of parameters is associated with each of the intellectual assets. Weights are associated with the parameters of each of the groups. Based on a predetermined value of a single one of the intellectual assets or of a collection of the intellectual assets, corresponding values of the intellectual assets are computed using the weights associated with the parameters of the corresponding groups. | 01-20-2011 |
| 20110016060 | METHOD AND SYSTEM FOR EVALUATING MODULATED VOLUME INFORMATION FOR A TRADABLE ELEMENT - A method and system for evaluating modulated volume information for a tradable element, such as a security or commodity, determines modulated volume information that compensates for normal fluctuations in volume occurring during the course of a trading period, thereby enabling convenient visualization of abnormal volume activity. Once determined, the evaluating method and system can display and/or store the modulated volume information or output the modulated volume information to other algorithms that may filter it based on a threshold, a price moving average or a comparison of the current price with a price moving average, for example to generate further displays including trading indicators or signals. | 01-20-2011 |
| 20110016061 | SYSTEM AND METHOD FOR MANAGING AND ADMINISTERING A LIFETIME INCOME SHARE PLAN - The present invention provides a system and method for administering an investment option known as a lifetime income share. Lifetime income shares mitigate survival risk, the risk that an individual will outlive his or her assets. More specifically, the purchase of a plurality of lifetime income shares certifies that an individual is entitled to receive a predetermined, periodic income payment for the life of the purchaser. Additionally, the lifetime income shares of the present invention may be purchased and distributed to participants by a third party (e.g. comingled fund). The third party wishing to provide the lifetime income shares of the present invention to participants may purchase a predetermined amount of shares of an annuity from the underwriting organization and distribute it to the participants. This plan has an investment phase, a distribution phase, and a payout phase. Once the payout phase begins, the stream of monthly income commences at a specified age or date. | 01-20-2011 |
| 20110022539 | COMPUTERIZED METHOD AND SYSTEM FOR MANAGING A FINANCIAL PORTFOLIO RELATIVE TO MARKET VOLATILITY - The system and method for managing a financial portfolio relative to market stability includes determining a first allocation of assets in the portfolio and a level of equity exposure, the portfolio including a plurality of funds; monitoring a quantitative risk indicator for market signals, determining whether the quantitative risk indicator meets a predetermined risk threshold value and if the risk indicator meets the risk threshold value, adjusting the level of equity exposure by selling a first position on a first set of options associated with a first fund and purchasing a second position on a second set of options associated with a second fund. | 01-27-2011 |
| 20110022540 | Location-Based Address Determination and Real Estate Valuation - Described are methods and apparatuses, including computer program products, for location-based address determination and real estate valuation. Current location information from a mobile device is received by a server computing device. The location information includes global positioning data associated with the mobile device and photographic data associated with one or more photos taken by the mobile device and associated with the location. A street address based on the location information is determined by the server computing device. The photographic data is processed in associated with the global positioning data, wherein the photographic data is used to determine the street address. Financial data associated with the street address is received. | 01-27-2011 |
| 20110022541 | Methods and Systems for Proactive Loan Modification - Embodiments of the invention include a computer implemented method for automatically modifying the terms of a plurality of mortgages within a portfolio of mortgages, such that, monthly payments for the plurality of mortgages are reduced. The method includes calculating a current net present value for each of the mortgages in the portfolio of mortgages. The method also includes calculating a plurality of future net present values for each of the mortgages in the portfolio, each future net present value corresponding to one set of modified loan terms. The method also includes selecting the largest calculated future net present value. The method also includes automatically modifying the loan terms of each of the plurality of mortgages where the largest future net present value is greater than the current net present value. Loan terms are modified to correspond to the modified loan terms resulting in the largest net present value. | 01-27-2011 |
| 20110022542 | METHOD AND RELATED APPARATUS FOR EXCHANGING FRACTIONAL INTERESTS IN A COLLECTION OF ASSETS - Methods and systems are provided herewith for exchanging and rating works of art. A value for each of a plurality of portfolios of art owned by a plurality of participants is determined Each portfolio of art comprises one or more works of art. Ownership interests of the plurality of portfolios of art are pooled in a legal ownership entity having an initial total number of shares. For each participant, an initial participant value is determined based on the determined value of each portfolio of art owned by the respective participant. A respective quantity of shares of the legal ownership entity to each respective participant is determined based on the participant value determined for the participant. An indicia of the respective quantity of shares is transmitted to each respective participant. In various embodiments, participants may buy and sell usage and ownership interests in the portfolios of art. | 01-27-2011 |
| 20110029451 | Method for Aggregating and Valuing Intellectual Property in an Exchange - The present invention relates to methods of aggregating and valuing intellectual property in a financial exchange. The present invention provides means whereby holders of intellectual property rights may sell, or license intellectual property to an aggregator and receive shares of stock or cash for the contribution based on the aggregated value of the intellectual property held by the aggregator. | 02-03-2011 |
| 20110029452 | System and method for improving the minimization of the interest rate risk - A system for interest rate risk management, comprising: an input device, configured to receive as input a first group of data indicative of a first group of financial instruments to be protected; a second group of data indicative of a second group of financial instruments aimed at protecting said first group of financial instruments; and an interest rate risk minimization device, connected to said input device, configured to receive as input said first and second group of data, a data feed of current market prices of said first and second group of financial instruments, a set of parameters of a term structure model, and historical zero-coupon term structures of interest rates, and to generate historical model errors and, considering these errors, the optimal amount to be invested in each financial instrument which shall be used to protect the balance sheet or portfolio. The interest rate risk minimization device is further configured to generate a residual risk estimation. | 02-03-2011 |
| 20110029453 | System and method for improving the minimization of the interest rate risk - A system for interest rate risk management, comprising: an input device, configured to receive as input a first group of data indicative of a first group of financial instruments to be protected; a second group of data indicative of a second group of financial instruments aimed at protecting said first group of financial instruments; and an interest rate risk minimization device, connected to said input device, configured to receive as input said first and second group of data, a data feed of current market prices of said first and second group of financial instruments, a set of parameters of a term structure model, and historical zero-coupon term structures of interest rates, and to generate historical model errors and, considering these errors, the optimal amount to be invested in each financial instrument which shall be used to protect the balance sheet or portfolio. The interest rate risk minimization device is further configured to generate a residual risk estimation. | 02-03-2011 |
| 20110029454 | LINEAR PROGRAMMING USING L1 MINIMIZATION TO DETERMINE SECURITIES IN A PORTFOLIO - A computer-implemented method comprises receiving, by a processor, a vector and a matrix. The vector includes historical periodic returns of a portfolio and the matrix contains historical periodic returns of each security in a set of all possible securities comprising the portfolio. The method further comprises computing, by a processor, a linear programming solution of a vector of weights of the securities comprising the portfolio. The vector comprises a product of the matrix and the vector of weights. The linear programming solution is subject to a criterion that a sum of absolute values of the weights in the vector of weights is a minimum. The method also comprises displaying or storing results of the computing. | 02-03-2011 |
| 20110029455 | HEDGING EXCHANGE TRADED MUTUAL FUND OR OTHER PORTFOLIO BASKET PRODUCTS - A system for pricing and/or determining a basket of financial instruments for hedging investment risk in actively managed traded funds is described. The system uses a trusted computer system and includes a computer storage medium storing a computer program product. The product determines a basket of hedging instruments by applying statistical or economic based factor analysis to estimate the NAV or provide a hedging basket to rack actual NAV of an actively managed traded fund. | 02-03-2011 |
| 20110029456 | System and Method for a Risk Management Framework for Hedging Mortality Risk in Portfolios Having Mortality-Based Exposure - The invention comprises a system and method for hedging or mitigating mortality exposure risk in a portfolio of mortality-dependent instruments. A mortality risk or longevity risk of the portfolio is calculated or otherwise determined. Then the sensitivity of the portfolio to mortality risk or longevity risk is calculated or otherwise determined, in other words, how much is cost or value of the portfolio affected by a change in mortality rate. To account for that mortality exposure, a selection is made of building block mortality derivatives that include age-based mortality derivatives. The selected plurality of building block mortality derivatives are used to create a hedge against the mortality risk or longevity risk of the portfolio. | 02-03-2011 |
| 20110029457 | System and Method for Private Equity Fund Formation - A system for private equity fund formation comprises an equity fund application and a memory configured to store fund documents. Access to the fund documents is managed by the equity fund application according to the status of a user as a general partner, an investor, or a placement agent, which is embodied in an authorization code. Fund documents are organized according to fund firm, fund family, and specific fund. The equity fund application includes an agreement engine that automatically creates agreement documents based on information entered by a user in response to a questionnaire. In one embodiment, the equity fund application and the memory are implemented in an application server. Users interact with the equity fund application in the application server via a network and an access server. | 02-03-2011 |
| 20110035330 | Quality Control of Investment Performance Calculations - Described are methods and apparatuses, including computer program products, for quality control of investment performance calculations. Performance data associated with one or more investment accounts is received by a server computing device. A tolerance range associated with the performance data is generated. A portion of the performance data is identified for filtering based on the tolerance range. The identified performance data is processed through a plurality of filters, wherein the filters are based on predefined rules. A first portion of the filtered data is marked as requiring no further review. A second portion of the filtered data is marked as requiring further review. | 02-10-2011 |
| 20110035331 | REDUCING ACCOUNTING VOLATILITY - A method, machine, article for reducing accounting volatility. A method can include: storing in memory terms of an agreement governing a contract, the terms including a specification of at least one measure of a variation in a rate of return corresponding to a return on an investment portfolio and a contract rate of return on an investment associated with the investment portfolio determined by using an amount of the at least one measure of the variation, wherein the amount of the measure of the variation changes over time; determining, by a digital computer accessing the memory and receiving market data including data corresponding to the at least one measure of the variation, the amount of the variation; determining, by the computer receiving market data including data on the rate of return on the investment portfolio and by using the amount of the variation, at least one of a contract rate of return on the investment associated with the investment portfolio and a contract value for the investment associated with the investment portfolio; and outputting, by the computer, at least one of the determined contract rate of return and the determined contract value. At least one measure of the variation includes at least one of: a variance, a covariance, a coefficient of variation, a standard deviation, a semi-variance, a semi-standard deviation, a third central moment, a fourth central moment, a duration, and a volatility index. | 02-10-2011 |
| 20110035332 | Method, Apparatus and Article-of-Manufacture For Managing and Supporting Initial Public Offerings and Other Financial Issues - The present invention relates generally to the field of computer-assisted business methods, and to system and articles-of-manufacture for implementing such methods. More particularly, the invention relates to computer-based methods, apparatus and articles-of-manufacture for supporting the coordination, communication, record-keeping, accounting, security and scheduling needs for the syndicate associated with an initial public offering (“IPO”) or other new financial issue. While the invention is exemplified and discussed herein with reference to IPO's, those skilled in the art will appreciate that the present invention is equally applicable to other types of securities and debt instruments, such as preferred stock, corporate bonds, municipal bonds, etc. | 02-10-2011 |
| 20110035333 | Using Commercial Share of Wallet To Rate Investments - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 02-10-2011 |
| 20110035334 | SYSTEM AND METHOD FOR OPERATING A PRINCIPAL PRESERVATION FUND BASED UPON OPTION COST PER WEEK - Disclosed is a system and method for operating an investment account which provides a predetermined level of principle preservation while achieving growth by investing gains from zero or low-risk stable investments into options. In one form, the investment account may be owned by an individual investor or by a number of investors, such as in the form of a mutual fund. In yet another form, business logic may be programmed to automatically select the options based upon their associated premium cost per week until expiration. | 02-10-2011 |
| 20110040699 | METHOD AND SYSTEM FOR MEASURING EXPOSURE OF AN INVESTMENT FUND TO AN ISSUER OF FINANCIAL ASSETS - Method and system providing integration of investment fund data. One system includes a database configured to store financial data pertaining to financial assets. The system further includes a display application configured to create a display for displaying financial data pertaining to the financial assets. The display includes a first view adapted to display a list of financial transactions related to the financial assets. The display further includes a second view adapted to display asset metrics associated with the financial assets. The display application enables a user to select via the first view a particular financial transaction that is associated with a particular financial asset. The display application further presents via the second view an asset metric associated with the particular financial asset and one or more asset metrics associated with other financial assets held by the investment fund that were issued by an issuer of the particular financial asset. | 02-17-2011 |
| 20110040700 | METHOD AND SYSTEM FOR AGGREGATING CONTEXT ASSOCIATED WITH A FINANCIAL TRANSACTION - Method and system providing aggregation of context associated with a financial transaction. One system includes a transaction collector that collects transaction attribute data related to attributes of a financial transaction. The system further includes an event data collector that collects transaction event data indicative of an event associated with the financial transaction. The system further includes communication data collector that collects electronic transaction communication data indicative of a communication between two or more parties regarding the financial transaction. The system further includes a computer system that aggregates the transaction attribute data, the transaction event data and the transaction communication data. The computer system further associates the transaction attribute data, the transaction event data and the transaction communication data with the financial transaction. The computer system further generates a transaction report regarding the financial transaction. | 02-17-2011 |
| 20110040701 | Method and System for High Speed Options Pricing - A high speed technique for options pricing in the financial industry is disclosed that can provide both high throughput and low latency. Parallel/pipelined architectures are disclosed for computing an option's theoretical fair price. Preferably these parallel/pipelined architectures are deployed in hardware, and more preferably reconfigurable logic such as Field Programmable Gate Arrays (FPGAs) to accelerate the options pricing operations relative to conventional software-based options pricing operations. | 02-17-2011 |
| 20110040702 | Rate of Return Stops and Capital Return Transactions - A method and system for managing and selling investments via electronic means. An investor can establish sell order criteria based upon a preset desired rate of return. The broker thereby monitors the investment and automatically sells it on behalf of the investor once the prescribed sell order criteria are met. The investor can effectively lock in a rate of return prior to its sale without monitoring. Also provided is a method and system for returning to the investor a portion of the initial investment. Once the investment reaches a predetermined value, three simultaneous events occur. A portion or all the initial invested capital is returned to the investor for purposes of reinvestment. The investment instrument is transferred to the broker as collateral, given that its value appreciated relative to the initial purchase amount. Yet the investor still owns the “rights” to the capital appreciation for the life of the investment. | 02-17-2011 |
| 20110047093 | Closed-End Fund with Hedging Portfolio - A computer implemented system and method for administering a closed-end-fund (CEF) includes configuring the CEF to have a plurality of units available for sale to the public, the units being configured for trading on one or more secondary markets, and the fund having a predetermined fund maturity date. A fund portfolio of assets are identified, which are liquidatable, substantially coincidentally with the fund maturity date, and that have a predetermined monetary value. The fund portfolio of assets is purchased and held within the fund. A hedge portfolio is identified, configured to substantially offset financial risk associated with the fund, and published. | 02-24-2011 |
| 20110047094 | COMPOUND REDEMPTION PROCESSOR - The present invention provides methods and apparatus one or more of: creating, issuing and redeeming Compound Redeemable Instruments. Apparatus can include a computerized system with executable software that is executable upon demand to process Redemption Instances as well as create and issue Compound Redeemable Instruments. | 02-24-2011 |
| 20110047095 | Systems and Methods for Order Analysis, Enrichment and Execution - A preferred embodiment of the invention provides an interface providing a model-driven projection of various order execution statistics based on the exact strategy (channel, algorithm, and parameters) that is selected by a user. In at least one embodiment, the interface is linked to at least order execution system and comprises an order execution display. In one embodiment, the invention comprises a computer system operable to display a graphical user interface comprising (a) a pre-trade analysis component for displaying market intelligence information regarding one or more specified securities; and (b) a strategy selection component for displaying order execution strategies for selection by a user and that comprises (i) an order execution component for routing a selected order execution strategy to an order execution system; (ii) an interface for enabling a user to specify trading strategies and strategy requirements; and (iii) a display for displaying projected order completion information. | 02-24-2011 |
| 20110047096 | METHOD AND SYSTEM FOR DETERMINING MARGIN REQUIREMENTS - The present invention provides for a system and method of applying value-at-risk determination of a financial portfolio to a performance bond requirement and comparing the value-at-risk determination with a traditional scenario-based performance bond requirement. | 02-24-2011 |
| 20110047097 | Rate of Return Stops and Capital Return Transactions - A method and system for managing and selling investments via electronic means. An investor can establish sell order criteria based upon a preset desired rate of return. The broker thereby monitors the investment and automatically sells it on behalf of the investor once the prescribed sell order criteria are met. The investor can effectively lock in a rate of return prior to its sale without monitoring. Also provided is a method and system for returning to the investor a portion of the initial investment. Once the investment reaches a predetermined value, three simultaneous events occur. A portion or all the initial invested capital is returned to the investor for purposes of reinvestment. The investment instrument is transferred to the broker as collateral, given that its value appreciated relative to the initial purchase amount. Yet the investor still owns the “rights” to the capital appreciation for the life of the investment. | 02-24-2011 |
| 20110047098 | Apparatus and Method for Component Analysis of Pooled Securities - A system for valuation of pooled financial products contracts comprises receiving or extracting or generating data elements regarding financial products contracts, determining valuations of the financial products contracts data elements by calculation or comparison methods, creating a data report in a standard data format, storing the data report in the one or more data storage devices, receiving new data items relating to nonfinancial risk or financial risk affecting quality or risk of one or more of the financial products contracts, performing calculations with respect to the new data items to determine an updated valuation of the financial products contracts; and adding to or modifying the data report to create a risk updated data report incorporating updated financial products contracts valuation, and storing the updated data report in the one or more data storage devices. | 02-24-2011 |
| 20110047099 | Beta Adjustment For Leveraged Index Products - A technique to provide a return from an aggregate of an investment in a cash equivalent account and a leveraged index product account over a time period that is substantially equivalent to a multiple of the return of a theoretical position in an underlying index for the period of time is provided by calculating in a computer system a benchmark exposure of the theoretical position in the underlying index corresponding to the index used in the leveraged index fund; and based on the benchmark exposure, determining whether to initiate a transaction to re-allocate funds from the leveraged index product to a cash equivalent account or from the cash equivalent account to the leveraged index product according to the determined daily benchmark exposure. | 02-24-2011 |
| 20110055110 | ONLINE CALCULATORS FOR OFFERING FINANCIAL PRODUCTS AND SERVICES - A system and method for receiving a user's financial information, calculating average corresponding financial information for a group of comparative individuals, displaying a customized virtual financial calculator, receiving data input by the user in the displayed customized virtual calculator, and offering a financial product or service calculated to be most appropriate to the user's needs based on the user and comparative data received. | 03-03-2011 |
| 20110055111 | HEDGING AGREEMENT ROLL-OVERS - Systems, methods, and articles for managing hedging agreement roll overs in forward securities transactions are provided. In an embodiment, a forward securities transaction business object records data relating to a hedging agreement as well as any subsequent roll over data. In an embodiment, the original hedging agreement data and the subsequent roll over data may be used in an embodiment to calculate the effectiveness of the hedging agreement to determine whether hedge accounting may be used to account for the hedging agreement. The data in the forward securities transaction business object may be used in some embodiments in other calculations as well, such as accounting calculations or rate of return calculations. | 03-03-2011 |
| 20110055112 | STRUCTURED FUTURES PRODUCTS - Systems and methods for creating and trading structured futures and various vehicles to allow nearly equivalent financial instruments to be created and traded on exchanges are described, including computer systems and computer implemented methods that allow the creation and trading of structured futures and related financial instruments. Computer systems and methods may be used to calculate the value of structured futures and related financial instruments before maturity and their payoff value at maturity. | 03-03-2011 |
| 20110055113 | METHOD AND SYSTEM FOR MANAGING SPREAD ORDERS - A system and method of executing a spread order trade is provided. The system and method of the present invention provide a profit and loss neutral model configured to dynamically and iteratively rebalance the trades associated with a spread order based on changing market conditions. According to an embodiment of the present invention, a vector-based target volume ratio is maintained by rebalancing a plurality of trades associated with instruments (or legs) of the spread order, in view of changes in the underlying markets. Maintaining a target volume ratio allow the spread order to be traded according to a profit and loss neutral model. | 03-03-2011 |
| 20110055114 | Method and System for Electronically Processing Mortgage-Backed Securities - A mortgage-backed securities (MBS) processing system including a processor, a database and a computer-readable memory. The database is configured to store data pertaining to multiple mortgage-backed securities, each mortgage-backed security associated with at least one loan. The computer-readable memory includes computer-readable instructions. When the computer-readable instructions are executed on the processor to associate the multiple mortgage-backed securities stored in the database with a set of different MBS indices based on MBS indexing rules. The MBS indexing rules map a given mortgage-backed security to a given MBS index based at least in part on the credit enhancement type associated with the given mortgage-backed security. | 03-03-2011 |
| 20110060697 | METHOD FOR CREATING AND DELIVERING CUSTOMIZED COMPLIANCE INFORMATION - A method and system to create personalized investor information packages, based on investor information, to be delivered to the investor to satisfy both compliance regulations and investor preferences. The method and system may deliver information in a paper or electronic format. | 03-10-2011 |
| 20110060698 | EQUITY-INDEXED ANNUITY FOR GROUP SAVINGS PROGRAMS - A Group Equity-Indexed Annuity (GEIA) with a guaranteed minimum equity related return for a set of individuals are provided. An algorithm sets a “participation rate” of a GEIA contract as well as the carrier margin, risk and opportunity for recovery. The carrier is held accountable to the participation rate produced by the model investment portfolio in the formula and subject to the guaranteed minimum. The selection of the participation rate is entirely visible to a GEIA contract-holder. A “hedge budget” is based on a formula-driven amortization process that blends old and new money. Underlying assets are also managed to a “constant” duration, such as the duration of a bond index selected by the GEIA contract-holder. | 03-10-2011 |
| 20110066567 | Rule Based Vector Space Model For Creating Implied Trade Templates - A match engine is utilized by either a market participant or an electronic trading system. The match engine receives orders, stores them internally, calculates tradable combinations and displays or otherwise publishes the tradable combinations or the order(s) needed to complete tradable combinations. The match engine operates under a set of rules that may be customized to provide only the tradable combinations that are likely to be executed and contribute to total trading volume. At least some tradeable combinations that are not likely to be traded are not calculated, which frees up the computing capacity of the electronic trading system. | 03-17-2011 |
| 20110066568 | TRANSFORMATION OF A MULTI-LEG SECURITY DEFINITION FOR CALCULATION OF IMPLIED ORDERS IN AN ELECTRONIC TRADING SYSTEM - An electronic trading system utilizes a Match Engine that receives orders, stores them internally, calculates tradable combinations and advertises the availability of real and implied orders in the form of market data. New tradable items defined as combinations of other tradable items may be included in the calculation of tradable combinations. A technique is disclosed for transforming a combination or strategy contract with an arbitrary number of buy and sell legs with an arbitrary volume ratio for each leg into a form that can be used for rapid implied order calculations. | 03-17-2011 |
| 20110066569 | ALLOCATION OF A CREDIT DEFAULT SWAP PORTFOLIO - A method for allocating margin of a credit default swap portfolio is provided. The method includes identifying a credit default swap portfolio maintained by a defaulting clearing firm, determining a defaulting margin for the portfolio, the defaulting margin being determined using a margin model; and allocating the defaulting margin to one or more non-defaulting clearing firms based on account margins for each of the non-defaulting clearing firms. | 03-17-2011 |
| 20110066570 | METHODS AND SYSTEMS FOR RATIONALIZING A NON-FINANCIAL PORTFOLIO - The invention is to system and methods to rationalizing a portfolio. | 03-17-2011 |
| 20110066571 | Method of Marketing Real Estate Investment Trust and/or Fund by the Internet - A method of marketing and managing a real estate investment trust or fund through the Internet and existing Internet brokerage entities enables lower cost investment trust units subjective to unique marketing techniques, lower brokerage charges, lower management charges and greater transparency. Other costs associated with the securing of investment funds are reduced and smaller, incremental investments will be made available thereby allowing a broad spectrum of inventors eligible to make such investments. Investment units may be as low as $3,000. | 03-17-2011 |
| 20110071957 | Hedging risk in an investment vehicle - A method for managing an investment vehicle. An option is purchased for protection of cash flows to be paid by the investment vehicle to designated investors. An option is sold offsetting the purchased option at least in part. The cash flows and security priorities of the investment vehicle are structured so that the purchased option protects the protected investors, and the proceeds of the sale of the sold option offsets the cost of the purchased option for benefit of non-protected investors. | 03-24-2011 |
| 20110071958 | Central counterparty for data management - A central counterparty for data management (CCDM) receives data relating to financial transactions, associates the data with metadata to create reference data, stores the reference data and provides the reference data in “push” and “pull” ways. The “push” techniques for providing the data include distributing on a data feed, sending the data to parties known to be relevant to the transaction, and sending the data to parties who have a standing query that is satisfied by the data. The “pull” techniques for providing the data include responding to queries received from a variety of parties. The CCDM generates and distributes unique, unambiguous and universal identifiers (U3id's) and associates the U3id identifiers with the reference data. | 03-24-2011 |
| 20110071959 | AUTOMATIC MAPPING AND ALLOCATION OF BENEFICIAL INTERESTS IN TRUSTS FOR PORTFOLIO ANALYSIS - The present invention relates to analysis of trusts that have multiple beneficiaries whose interests mature in different time periods or under different conditions. In particular, we disclose automatic mapping of interests in one or more trusts, optionally subject to user confirmation, to long and short positions in financial or derivative interests that have expected payouts and costs that can be offset against underlying trust assets. The underlying assets and long and short positions in the mapped instruments can be attributed to various beneficiaries and subjected to various risk and investment analyses. | 03-24-2011 |
| 20110078090 | Security Futures Contract with Selectable Expiration and Method and System for the Creation, Listing, Purchase and Sale, and Trading of the Same - The embodiments of the invention provide a novel financial instrument and system and method for creating, listing, purchase and sale, and trading said financial instrument wherein the instrument comprises a security futures contract with a selectable expiration date. A request for quotes process is also provided, which in one embodiment permits the creation and listing of a security futures contract with a selectable expiration date. A method and system for permitting the automated entry of an exchange-for-physicals (EFP) trade including a security futures contract with a selectable expiration date is also provided. | 03-31-2011 |
| 20110082813 | METHOD AND SYSTEM FOR CREATING A SPOT PRICE TRACKER INDEX - A method and system for creating a spot price tracker index is disclosed. The method includes obtaining values of first and second derivatives at a time t and calculating an index value by linear extrapolation from the first and second futures contracts. The index value may be displayed at a trading facility and quotes based on the index value may be transmitted by the trading facility to a market participant. | 04-07-2011 |
| 20110082814 | System and Method for Assigning Responsibility for Trade Order Execution - An embodiment of the present invention provides a system and method for a sponsoring organization to: (1) utilize a rules-based computer system to capture trade orders from sub-advisors (money management firms) in order to implement a pre trade compliance review process, thereby enabling the sponsoring organization to prevent the execution of trade orders by a sub advisor that violates securities laws and/or account restrictions; and (2) determine and assign, based on expected market impact of a trade order to buy or sell securities, whether responsibility (discretion over the decisions related to how, when and with whom a trade order is executed) for executing the trade order is assigned to the money management firm for an investment portfolio or to the sponsoring organization of that portfolio. Trade orders are categorized in real-time as “high touch” (significant effort and market impact) or “low touch” (insignificant effort and market impact). | 04-07-2011 |
| 20110082815 | METHOD AND SYSTEM FOR MULTIPLE PORTFOLIO OPTIMIZATION - Methods and systems for optimizing a plurality of portfolios, each portfolio including one or more shares of one or more tradable assets, and may include the steps of: receiving asset data associated with the plurality of the portfolios; receiving one or more optimization constraints including at least one global constraint defining a constraint to be applied across an aggregate of the plurality of portfolios; for each portfolio, optimizing the asset data based on the one or more optimization constraints to create optimized portfolio data; aggregating the optimized portfolio data to create aggregate optimized asset data; determining if the aggregate optimized asset data satisfies the at least one global constraint; and only if the at least one global constraint is satisfied, outputting the optimized asset data. | 04-07-2011 |
| 20110087615 | Rules-Based Risk Management - An active overlay strategy based on rule-based risk management is implemented by a computer implemented method. The method includes receiving a data value representing implied volatility of a market. The method also includes automatically generating an order to sell call options. The order includes a quantity of call options to sell, where the quantity is determined at least in part based on an evaluation of the data value. | 04-14-2011 |
| 20110087616 | SYSTEM AND METHOD FOR CREATING A GRAPHICAL REPRESENTATION OF PORTFOLIO RISK - A method for displaying portfolio risk is described. The method includes receiving a time series corresponding to a weight and a desirability of each of an asset in a portfolio. The method further includes maintaining the time series corresponding to the weight and the desirability of each of the assets in the portfolio. The method also includes maintaining a standard time series for comparison with the time series corresponding to the weight and the desirability of each of the assets in the portfolio. The method further includes displaying, for each asset in the portfolio, a quantity based on desirability versus a quantity based on the correlation between desirability and the standard time series over two specified windows of time. The method also includes displaying trend information based on moving two specified windows of time from the past to the point where at least one window is the most current window. | 04-14-2011 |
| 20110087617 | SYSTEM FOR REAL TIME CONTINUOUS DATA PROCESSING FOR INVESTMENT PORTFOLIOS - A real time continuous data inputting, processing, scanning and displaying system for financial data and inputting variable boundaries of data for a variety of desired data characteristics. The process displays when the data characteristics fall outside their respective variable boundaries. Real time financial markets data and conventional data inputs are input into the system which is comprised of conventional and new computer processor enabled processes, clusters of central processing units, a report writer, terminal device, data disk, and interface. The data disks and real time financial market data and conventional data inputs and outputs are continuously referenced during the scanning process for exceptions to the boundaries of desired data characteristics. | 04-14-2011 |
| 20110087618 | RULE 10b5-1 TRADING PLAN SYSTEM AND METHOD - A system for creating, administering, executing and reporting of Rule 10b5-1 trading plans, and similar trading plans. The system comprises one or more computer programs or modules operating on a server connected to a network, accessed through a web browser or portal program operating on a computing device connected to the network. Users include, but are not limited to, brokers, issuers of securities, and executives or insiders engaging in transactions, or their accountants, financial planners, or other representatives. One or more users can create, finalize, and approve a trading plan. The system allows issuers and executives or insiders access to trading plan data and allows them to operative proactively. Plans may be created, reviewed and approved with the system, as opposed to physically reviewing numerous hard copies. The system may be equipped with a plurality of different investment and liquidation strategies, allowing for a more efficient plan creation process. | 04-14-2011 |
| 20110087619 | APPARATUS, METHOD AND SYSTEM FOR DETERMINING CREDIT DERIVATIVE INDICES AND ESTIMATING CREDIT DERIVATIVE CREDIT CURVES, AND A CREDIT CALCULATOR FOR VALUING CREDIT DERIVATIVES BASED ON THE CREDIT CURVES - An apparatus, method and system for determining an estimate of at least one numerical attribute of at least one entity of a population when the population is changing and there are a limited number of observations on the attribute for the entities, in which a conditional index is determined to track how a value of the attribute changes from one time to another for an entity that is a member of the population at both times, and an unconditional index is determined representing an average level of the attribute for the entities of the population. | 04-14-2011 |
| 20110087620 | GRAPHICAL SYSTEM FOR DETERMINING THE RELATIVE ATTRACTIVENESS OF INVESTMENTS - A system for scoring and evaluating financial investments including a server, at least one database in communication with the server including a plurality of financial indicators for a plurality of investments, each of the financial indicators assignable to one of at least two categories, software executing on the server for generating a display of scores for each of at least two of the financial indicators for a target investment, the display including a radar chart including a ray extending radially from a center point of the radar chart for each of the at least two of the financial indicators, wherein each of the scores is plotted along one of the rays, and wherein the radar chart is divided into two or more sections wherein each of the sections corresponds to one of the categories. | 04-14-2011 |
| 20110087621 | ADJUSTABLE DERIVATIVE SECURITIES AND METHOD FOR ADJUSTING THE VALUE OF SAME DUE TO A CORPORATE EVENT - The claimed invention relates to an adjustable derivative contract. Particularly a method and system for adjusting the derivative contract to account for time value of money due to an occurrence of a corporate event that affects the value of the derivative contract. The claimed method and system allocates distributions amongst different derivative contracts, each derivative contract representing a different economic interest of at least two shares of an underlying security. The claimed invention uses the concepts of present and future values to value derivative contracts in order to more fairly and accurately represent the interests of the various holders of such derivative contracts upon the occurrence of a corporate event affecting the value of these derivative contracts. | 04-14-2011 |
| 20110087622 | Method and System for Using Risk Tolerance and Life Goal Preferences and Rankings to Enhance - A system and method directed to improving efforts to plan for investor life goals. The method combines unique approaches of assessing investor risk tolerance using utility theory and investor preferences using conjoint analysis, Analytic Hierarchy Process (“AHP”), or the like in combination with existing industry financial projection methods using linear projections, Monte Carlo simulation, or the like. Further, the method improves upon existing financial projection approaches with the addition of regression techniques to streamline adjustments to the plan objectives, resources, and constraints. The method includes a means of determining an optimal combination of attribute preferences that have an acceptable probability of achieving plan goals while maximizing investor satisfaction as measured by total utility. | 04-14-2011 |
| 20110093407 | Stock Purchase Indices - A method and system for determining investor participation driven stock purchase indices. Raw customer trading data is received from an accounting system. The raw customer trading data is then aggregated to generate daily transaction total counts for all stocks (that is, total shares bought and sold, total market value, etc.) as well as daily transaction total counts for each individual stock. Aggregation of the raw customer data also addresses customer privacy concerns. The aggregated data is processed to produce moving averages, stock purchase indices, and stock rankings. The stock purchase indices are based on a diffusion index technique of segregating buyers from sellers, and with these relative counts, measures the breadth of investor purchasing participation. The stock purchase indices are then displayed to a graphical user interface. The display includes stock buy and sell ranking lists. | 04-21-2011 |
| 20110093408 | SYSTEMS AND METHODS FOR PATENT PORTFOLIO MANAGEMENT AND EXPENSE FORECASTING - The present invention relates to computer systems and methods for managing complex patent portfolios and forecasting patent expenses. In one embodiment, the present invention relates to computer systems and methods for calculating future patent expenses on a real-time ongoing basis, including prosecution costs and maintenance fees, based on user-inputted, calculated and/or preprogrammed parameters specific to a user's patent portfolio. | 04-21-2011 |
| 20110099123 | Social Security Benefits Estimator for Married Couples - A system for calculating estimated Social Security benefits for married couples. The system includes a server; a display device connected to the server; a user interface module running on the server, the user interface module being configured to receive input from a user and to display content on the display device; and a benefits calculator module running on the server and being configured to receive input data from the user interface module and to output data to the display device. The input data includes data regarding a married couple, including the assumed age of death for both the primary earner and the secondary earner. The system may output an estimated lifetime benefit using a hybrid approach wherein the secondary earner collects a reduced benefit at age 62 and a spousal benefit at full retirement age, and wherein the primary earner collects benefits at age 70. | 04-28-2011 |
| 20110099124 | Lean Level Support for Trading Strategies - Certain embodiments of the present invention provide techniques for lean level support for a trading strategy. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on quantity available at the price level. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on quantity available at one or more other price levels. According to certain embodiments, the support for a price level under consideration as a lean level is determined based at least in part on the number of orders at one or more price levels. A lean level may then be determined based on the determined support. According to certain embodiments, a lean multiplier and/or a lean base are determined dynamically based on the determined support. | 04-28-2011 |
| 20110106725 | FINANCIAL INSTRUMENT POSITION AND SUBPOSITION MANAGEMENT - An analyzer module may receive a request to perform risk analysis on a financial object based upon a transaction associated with the financial object. A processor may choose a selector module based upon a type associated with the financial object. A chosen selector module may request business transaction data associated with the financial object from a position management module. Deal management data associated with the transaction data may be requested from a transaction management module and the deal management data may include a market data container. A processor may calculate risk information for the financial object based upon the business transaction data and the deal management data and the risk information for the financial object may be presented on a display device. | 05-05-2011 |
| 20110106726 | FINANCIAL INSTRUMENT POSITION AND SUBPOSITION MANAGEMENT - An analyzer module may read a selector key and a financial object number stored within a financial object. The financial object number may be sent to a selector module associated with the selector key. The selector module may read a selector strategy key stored within the financial object. A processor programmed by the selector module may retrieve a set of position values associated with the financial object based, at least in part, on the selector strategy key. A mapping module may be chosen by the selector module based upon a financial instrument type. The mapping module may store the position values within the financial object. A price calculator may generate a key figure for each of the position values. A list of the position values may be displayed to a user on a display device. | 05-05-2011 |
| 20110106727 | Weather Risk Management System - This disclosure relates to a system for managing financial risk associated with weather-based service contracts, and more specifically, to a system based on the purchase of weather derivatives to select, manage, minimize, and redistribute financial burdens associated with costs incurred from the payment of services related to greater than average weather-based events. An option contract having a tick price, and an associated premium at a fixed strike price is selected at a desired coverage, in one embodiment, the desired coverage is associated with a payout with the associated tick price that covers the base price of performing the service for a nominal weather condition, the premium of buying the option, and the price of performing the services for exceptional weather precipitations of a three standard deviation from the nominal value. If a hedge trader offers this service rather than a service provider, the desired coverage will also cover the a commission for the trade. | 05-05-2011 |
| 20110106728 | CENSUS INVESTING AND INDICES - An investment index is generated by selecting a predetermined number of geographic regions having the highest ranked projected population growth and selecting a predetermined number of companies that have at least a predetermined percentage of the company's revenue derived from at least one or a combination of the selected number of geographic regions. The stock prices of the selected companies are then weighted. | 05-05-2011 |
| 20110106729 | ECONOMIC OPTIMIZATION FOR PRODUCT SEARCH RELEVANCY - In one embodiment, a method is illustrated as including defining a set of perspective objects capable of being placed onto a modified web page, monitoring parameters of a web page, the parameters including a number of times a current object is executed on the web page, using an Artificial Intelligence (AI) algorithm to determine a perspective object with a preferred Return On Investment (ROI), and selecting the perspective object to be placed onto the modified web page. | 05-05-2011 |
| 20110112983 | Program trading platform - A program trading platform is revealed. After becoming members of the program trading platform, investors not only can select investment strategies provided by strategic providers according to ratings and verification of the investment strategies, but also can complete authorization and access of the investment strategies automatically through the trading platform. The investors do not need to find the strategic providers for obtaining the authorization. Moreover, various authorized investment strategies are combined and analyzed by the investors so as to achieve the optimal performance. Furthermore, the trading platform can be set by the investors to place orders automatically according to their investment portfolio. Thus the trading platform is of greater practical value. | 05-12-2011 |
| 20110112984 | System and method for improving asset liquidity in a trading exchange network - Asset liquidity is improved in a transaction network by identifying a potential party to an asset transaction based on an analysis of asset portfolio data. Portfolio data is provided by asset manager clients and transaction proposal data is provided by broker clients. The portfolio data is analyzed in view of the transaction proposal data to determine if at least one predetermined financial threshold would be satisfied in the portfolio by accepting the proposed transaction. An alert message can then be provided to the asset manager client identifying the transaction proposal if a predetermined financial threshold is triggered during the evaluating step. | 05-12-2011 |
| 20110112985 | METHOD AND SYSTEM FOR GENERATING A FINANCIAL PLAN SCORE - A system for generating a financial plan score including a financial plan engine operable within a service provider computing system. The financial plan engine generates a financial plan score by interpreting information input by a user. The system includes at least one user device in network communication with the financial plan engine. A user inputs information into the financial plan engine through the at least one user device. And, the system includes at least one third-party data source. The financial plan engine is in network communication with the at least one third-party data source and is operable to produce a financial score. | 05-12-2011 |
| 20110112986 | Generative Investment Method and System - A generative investment process method and system is disclosed for managing investment opportunities. The process decomposes investment opportunities into capability components and represents the opportunities and capability components as elements of a computer-implemented combinatorial model. The process may identify uncertainties associated with elements of the combinatorial model, generate expected values of information gathering actions, make inferences from the results of the information gathering actions, and update the combinatorial model accordingly. New investments may be generated basis combinatorial operations on elements of the combinatorial model. | 05-12-2011 |
| 20110119203 | Private entity profile network - In private equity and debt funding operations, resource providers define electronic data collection templates to be filled in by prospective resource consumers to form semi-homogeneous profiles. Providers and/or consumers can assign themselves and/or third parties various individualized levels of permissions to access and to perform activities on the profiles. Providers can organize profiles into portfolios to further manage the data. All accesses and activities, such as changes to the data, are tracked and recorded in logs useful for audit purposes. | 05-19-2011 |
| 20110119204 | SYSTEMS AND METHODS FOR COMPOUND RISK FACTOR SAMPLING WITH INTEGRATED MARKET AND CREDIT RISK - Systems and methods for generating an integrated market and credit loss distribution for the purpose of calculating one or more risk measures associated with a portfolio of instruments are disclosed. In at least one embodiment, compound risk factor sampling is performed that comprises conditionally generating multiple systemic credit driver samples for each market risk factor sample generated per time step of a simulation. There are also disclosed systems and methods for determining an optimal number of sample values for each of the market risk factors, systemic credit drivers, and optionally, idiosyncratic risk factors that would be required in order to obtain an acceptable amount of variability in the calculated risk estimates and/or to satisfy an available computational budget. | 05-19-2011 |
| 20110119205 | SYSTEMS AND METHODS FOR DETERMINING AN EARNINGS PORTION OF A DISTRIBUTION FROM A 529 PLAN - A method for determining an earnings portion of a distribution from a 529 plan. The method includes receiving information associated with a plurality of 529 plan accounts, identifying related 529 plan accounts, aggregating the information for related 529 plan accounts, and determining an earnings portion of a distribution from at least one of the 529 plan accounts. | 05-19-2011 |
| 20110119206 | METHOD AND SYSTEM FOR PROCESSING DATA FOR A DEFERRED VARIABLE ANNUITY WITH BENEFIT PAYMENTS AS A FUNCTION OF A PREDETERMINED TIME-BASED WITHDRAWAL PERCENT - A computer system for processing data relating to a deferred variable annuity contract during the accumulation phase has a storage device having data including a contract value, a payment base value, and a formula for determining amounts of available benefit payments during a time period, without reduction of the payment base value, using a withdrawal percent based on a time elapsed from a purchase date of the contract. A processor is configured to access an applicable withdrawal percent and determine an available benefit amount during a time period based on the applicable withdrawal percent and a withdrawal base value. | 05-19-2011 |
| 20110125669 | SYSTEMS AND METHODS FOR PROVIDING CUSTOMIZED FINANCIAL PRODUCTS AND FOR HEDGING RISK EXPOSURE - Systems and methods for creating and managing user-customized financial products are operable to create a plurality of user-customized financial products, each a discrete financial instrument comprising a baseline financial product comprised of a combination of one or more underlying product components, where each underlying product components comprises one or more user-customized component parameters. Once created, the plurality of user-customized financial products are disaggregated into their respective underlying product components and associated component values. Next, all component values associated with each of the underlying product components are aggregated, and at least one back-to-back hedging transaction for the aggregated component value of at least one of the underlying product components is executed. | 05-26-2011 |
| 20110125670 | METHOD AND SYSTEM FOR MULTI-ENTERPRISE OPTIMIZATION USING FLEXIBLE TRADE CONTRACTS - A method of multi-enterprise optimization at a buyer computer includes accessing a forecasted demand for at least one item and generating one or more proposed flexible trade contracts using the forecasted demand for the item. The proposed flexible trade contract is communicated to a seller computer and subsequently executed after acceptance of the proposed flexible trade contract at the seller computer to create a flexible trade contract. Each proposed flexible trade contract may be a forward contract, an option contract, or a flexible forward contract. | 05-26-2011 |
| 20110125671 | Systems And Methods For Underlying Asset Risk Monitoring For Investment Securities - Systems and methods are provided for evaluating asset risks using categories of primary loan underwriting factors, which are associated with a pre-selected number of variables. An initial handle-based tree data structure is created in a computer memory based upon the primary loan underwriting factors associated with a loan, where the initial handle-based tree data structure includes a plurality of handle cells that segment a population of loans according to values of the pre-selected variables. The depth of the initial handle-based tree data structure is the number of variables associated with the primary loan underwriting factors, and a branch of the initial handle-based tree data structure is based on a value of one of the pre-selected variables. The initial handle-based tree data structure is modified by combining handle cells which contain least significant splits. A rank ordering of the modified handle-based tree data structure is performed, and the rank ordered handle-based tree data structure is used to segment portfolio data. | 05-26-2011 |
| 20110125672 | METHOD AND SYSTEM FOR PROVIDING ELECTRONIC INFORMATION FOR RISK ASSESEMENT AND MANAGEMENT VIA DYNAMIC TOTAL NET WORTH FOR MULTI-MARKET ELECTRONIC TRADING - A method and system for providing risk assessment and management reporting via dynamic total net worth for multi-market electronic trading. The method and system allow risk assessment management and reporting to be determined using current and historical trading losses for dynamically calculated current total net worth values for electronic trading at a trading firm, a trading firm office and a trading account. Risk thresholds are selectively and dynamically configurable for automatically displaying risk information for and automatically disabling electronic trading when risk thresholds are exceeded. Risk information is displayed in two dimensional (2D) and three dimensional (3D) display elements. | 05-26-2011 |
| 20110125673 | SYSTEMS AND METHODS FOR COMPOUND RISK FACTOR SAMPLING WITH INTEGRATED MARKET AND CREDIT RISK - Systems and methods for generating an integrated market and credit loss distribution for the purpose of calculating one or more risk measures associated with a portfolio of instruments are disclosed. In at least one embodiment, compound risk factor sampling is performed that comprises conditionally generating multiple systemic credit driver samples for each market risk factor sample generated per time step of a simulation. There are also disclosed systems and methods for determining an optimal number of sample values for each of the market risk factors, systemic credit drivers, and optionally, idiosyncratic risk factors that would be required in order to obtain an acceptable amount of variability in the calculated risk estimates and/or to satisfy an available computational budget. | 05-26-2011 |
| 20110131149 | Method and Apparatus for Providing Retirement Income Benefits - A computerized method and system for administering an unannuitized variable annuity plan having a guaranteed minimum withdrawal payment feature associated with a systematic withdrawal program includes the steps of and system for storing data, determining an amount of a scheduled payment, periodically determining the account value, making the scheduled payment by withdrawing that amount from the account value, monitoring for an unscheduled withdrawal made under the plan and adjusting the amount of the scheduled payment in response to the unscheduled withdrawal. Scheduled payments will be made to the owner under the plan for the period of benefit payments, even if it is determined by the computerized method and system that the account value is or will be exhausted before all payments have been made. Payments made before such determination are made with the aid of the computer, and payments made thereafter may be made with or without the aid of the computer. | 06-02-2011 |
| 20110131150 | System and Method for Providing Secure Retirement Benefits Via a Conversion Process - A method for providing a person with a secured retirement program employs a computerized system to allocate assets owned by a person towards purchase of retirement benefits. The system selects at least one desired retirement benefit from a group of available retirement benefits. A user may specify a conversion period for allocating the assets to the selected benefits during this conversion period. The system allocates portions of the assets towards purchasing a fraction of the selected benefits at selected intervals within the conversion period. Thereafter, the system calculates benefit payments corresponding to the selected retirement benefits to the person during and after the conversion period, wherein the benefit payments during the conversion period is from contributions made from the assets and the purchased benefits, and the benefit payments after the conversion period are provided by the purchased benefits. | 06-02-2011 |
| 20110131151 | System and Method for Facilitating Unified Trading and Control for a Sponsoring Organization's Money Management Process - An embodiment of the present invention provides a system, method, process, software and standards that enable a unified trading and control process utilized by sponsoring organizations and asset managers (money managers) for sub advised or externally managed investment portfolios as to increase control over the trading process by a sponsoring organization, enhance regulatory compliance, substantially lower trading costs and improve investment performance on a recurring basis for the shareholders and beneficiaries investing in registered and non registered mutual funds and institutional investment portfolios. | 06-02-2011 |
| 20110131152 | METHOD AND SYSTEM FOR A DEFERRED VARIABLE ANNUITY WITH BENEFIT PAYMENTS AS A FUNCTION OF AN ADJUSTMENT FACTOR - A computer implemented data processing system and method processes data associated with a deferred variable annuity contract during the accumulation phase for a relevant life. The data includes a payment base value, a contract value, a withdrawal percent and a formula for determining an available benefit payment amount without reduction of the payment base value. The formula includes as factors the payment base value, the withdrawal percent, and an adjustment factor dependent on a period of deferral from a time a benefit payment withdrawal was first available until a first benefit payment withdrawal request and a period of time since the first benefit payment withdrawal request. | 06-02-2011 |
| 20110137821 | Calculating predictive technical indicators - A suite of predictions is defined to model the financial data commonly used to calculate technical indicators one or more periods in the future. Neural networks are trained to make these predictions. The predictions are then integrated with the standard technical indicator calculations to produce predictive technical indicators which are superior because they lead more and lag less. | 06-09-2011 |
| 20110137822 | COMPUTER-IMPLEMENTED PATTERN CHARTING - A method of transforming the standard O.H.L.C. (open, high, low, close) bar chart into a new advanced chart that diagrams value changes occurring within the charted period, disclosing the sequence of occurrence of value extremes (highest price or value compared to lowest price or value) as well as the direction and momentum of value changes during the ending portion of the period. | 06-09-2011 |
| 20110137823 | METHOD AND SYSTEM FOR ENABLING COLLABORATION BETWEEN ADVISORS AND CLIENTS - A common collaboration tool enables advisors, their clients and other participants to interact in a coordinated manner in various areas of interest. A client authorizes selected advisors as well as other participants to view, discuss, modify and perform other operations in response to the client's request for services. A client defines the scope of authorization for advisors and/or other participants for security and confidentiality reasons. Advisors (and/or participants) access information submitted (or authorized) by the client to collaborate as a cohesive team in sharing information, devising a plan, addressing client's concerns, drafting (or modifying) a document and performing other services for the client. | 06-09-2011 |
| 20110137824 | CREDIT PORTFOLIO BENCHMARKING SYSTEM AND METHOD - A portfolio benchmarking system comprises a repository of trade data, a repository of consumer data, a build computer, and a benchmarking query application. The repository of trade data comprises a plurality of data items regarding trade lines. The repository of consumer data comprises a plurality of data items regarding consumers, wherein at least some information in the consumer data is not in the trade data and at least some information in the trade data is not in the consumer data. The build computer periodically generates at least one data file comprising a plurality of data items, each data item combining information from the trade data and the consumer data, such that searches can be performed on the combined data without joining trade data and consumer data at query run time. The benchmarking query application executes queries on the data file generated by the build computer. | 06-09-2011 |
| 20110137825 | HEDGING EXCHANGE TRADED MUTUAL FUND OR OTHER PORTFOLIO BASKET PRODUCTS - A system for pricing and/or determining a basket of financial instruments for hedging investment risk in actively managed traded funds is described. The system uses a trusted computer system and includes a computer storage medium storing a computer program product. The product determines a basket of hedging instruments by applying statistical or economic based factor analysis to estimate the NAV or provide a hedging basket to rack actual NAV of an actively managed traded fund. | 06-09-2011 |
| 20110145164 | SYSTEM AND METHOD FOR FACILITATING THE CREATION, MANAGEMENT, AND VALUATION OF SECURITIES RESEARCH - A Research Management System (“RMS”) enables individuals associated with sell-side firms, buy-side firms, and/or other individuals/entities (e.g., wealth managers, corporate officers, experts, and providers and distributors of dynamic financial news reports) to create, manage, and valuate securities research. Individuals associated with a sell-side firm may generate, collaborate on, and/or publish dynamic content (e.g., assets, research reports, trade ideas) that may be tracked both internally and externally. Individuals associated with a buy-side firm may provide feedback (e.g., comments and ratings) on the sell-side content. This feedback together with other content usage metrics provide an objective measure by which buy-side firms may valuate sell-side research and other services for, among other things, determining how to allocate commissions among sell-side firms. Sell-side firms may receive selected feedback from buy-side firms on their individual performance and/or their performance vis-à-vis other sell-side firms. Sell-side firms may use the objective information they receive to better understand and appreciate how the content they generate is used and valued by their clients. | 06-16-2011 |
| 20110145165 | Synthetic Spread Trading - Synthetic spread trading strategies are represented and managed as homogeneous tradeable objects. Relationships between a synthetic spread and its constituent parts are defined and states for a spread are developed for accurately reporting, tracking and otherwise administering a synthetic spread and its constituent parts. A state of a synthetic spread is identified as working, pending, legged or filled. The states, in addition to identification of a synthetic spread's constituent parts, introduces information to allow a spread order and its post trade analysis to be consistently and effectively managed by multiple trading tools. | 06-16-2011 |
| 20110145166 | SYSTEM AND METHOD FOR EVALUATING DEFINED CONTRIBUTION PLANS - A system and method for comparing retirement plans against a selected group of similar plans is disclosed. In one embodiment, a computer system for evaluating a retirement plan comprises a computer server having a database comprising a plurality of data defining a plurality of characteristics of each of a plurality of retirement plans, software configured for identifying a subset of the plurality of retirement plans having characteristics comparable to characteristics of a selected retirement plan, software configured for permitting the selection of at least one report from a plurality of report types, and software configured for automatically generating the selected at least one report, where the at least one report comprises an evaluation of the characteristics of the selected retirement plan against the characteristics of the subset of the plurality of retirement plans. | 06-16-2011 |
| 20110145167 | METHOD AND SYSTEM FOR THE PROTECTION OF BROKER AND INVESTOR RELATIONSHIPS, ACCOUNTS AND TRANSACTIONS - A computer based method and system for advanced scenario based alert generation and processing is presented, with the specific ability to broker and investor activities that put either at risk. Advanced scenarios that describe such broker and investor activities are specifically defined. By applying these scenarios to transactional data from a variety of financial institutions, broker and investor activities causing unacceptable amounts of risk can be detected on an automated basis. | 06-16-2011 |
| 20110145168 | Apparatus for Energy-Efficient Estimation of a Yield of a Financial Product - An apparatus for estimating a yield of a financial product, as well as to a corresponding method and a corresponding computer program product. The present disclosure can be loosely summarized, in one aspect, as teaching a method of pricing a financial product under a number of potential future scenarios wherein, instead of carrying out a separate (and perhaps nested) Monte Carlo simulation for each scenario under consideration, a smoothing function is generated from the results of a proportionately small number of representative (nested) simulations and the pricing is estimated at each scenario using the smoothing function. Each Monte Carlo simulation simulates the yield of the financial product under the conditions of the specific scenario. Accordingly, the smoothing function represents the (simulation) yield of the financial product as a function of the scenario parameters. | 06-16-2011 |
| 20110145169 | System and Method for Providing a Financial Instrument Utilizing a Liability Ratio - One embodiment of the invention is a method for providing a financial instrument including determining a current account balance for a financial account, calculating a liability ratio for the financial account, and determining whether to transfer at least a portion of the account balance from a variable sub-account to a low-risk sub-account based on the liability ratio. | 06-16-2011 |
| 20110145170 | Financial Instrument Utilizing an Optional Benefit Election - According to one embodiment of the invention, a financial instrument includes an account with an account balance that changes over time, wherein at least part of the account balance may be discretionarily withdrawn and wherein the initial account balance is based upon an initial deposit; a guarantee that a beneficiary may periodically receive a transfer of an amount of money for the life of a first designated party, wherein the transfer may be due to withdrawal from the account or due to benefit payments made to the beneficiary, provided that the amount may vary based upon withdrawals from the account in excess of a particular limit; and an option to modify the guarantee such that upon election the beneficiary may periodically receive the transfer of the amount of money for the longer of the life of the first designated party and the life of a second designated party. | 06-16-2011 |
| 20110153520 | Asset Investment Simulation System Based on Investment Behavior Analysis, Time Compression, and Event Re-Sequencing - A asset investment simulation system based on investment behavior analysis, time compression, and event re-sequencing has a network server containing a user profile module for account and password management, an event database containing domestic and international events that affected the financial market, a scenario module for selection of country of investment and time period, an economic windows module for market news for the determination of investment target and amount, an asset allocation module for portfolio suggestions, a trading interface for online trading upon reviewing news messages and economic indexes, a performance evaluation module for performance management and detail data display of account value, portfolio, and performance, and an investment behavior analysis module for investment behavior analysis and investment behavior suggestions. | 06-23-2011 |
| 20110153521 | SYSTEMS AND METHODS FOR SWAP CONTRACTS MANAGEMENT WITH A DISCOUNT CURVE FEEDBACK LOOP - A method, system, apparatus and media are directed to managing trading of financial instruments with a clearinghouse as a counter-party to trades. A plurality of inputs that includes trade data for trades executed using the computer system is received. A discount curve for projected prices of a swap contract over time based on the received plurality of inputs is determined in real-time. A swap contract price is valued based on the determined discount curve. A margin requirement is determined for a user who wishes to trade or hold a position in the swap contract in the user's account based on the swap contract price. Data about a trade of the swap contract that is executed within the computer system is incorporated into the trade data used for determining the discount curve to provide a feedback loop into the real-time determination of the discount curve. | 06-23-2011 |
| 20110153522 | Electronic Enterprise Capital Marketplace Apparatus and Method - An automated and interactive system that facilitates efficient capitalization/liquidation and monitoring of private and publicly-traded enterprises through a network-driven marketplace is disclosed. The system may be comprised of a dynamic process for enterprise characterization, a customizable computational engine that utilizes statistical reference information to quantify a multi-factor scoring value for each unique enterprise, a customizable system for investor-users to filter, rank, and screen enterprise prospects, a customizable system for monitoring the performance of enterprises, an integrated internal system for electronic communication between market participants, and an empirical feedback system that provides a dynamic knowledge base of statistical reference information for various computational components of the invention. | 06-23-2011 |
| 20110153523 | METHOD AND APPARATUS FOR COMPUTING AND DISPLAYING A RISK-RETURN PROFILE AS A RISK MEASURE FOR FINANCIAL ASSETS - A method and apparatus for displaying a financial asset risk-return profile is disclosed. The method includes determining the length of a period; computing an integer number of intervals in a date range set, an interval being an integer multiple of the length of the period; for each interval, computing the number of interval sub-sets in the date range set, each interval sub-set spanning the time spanned by a corresponding interval; for each interval, computing a metric of the interval sub-sets; and for each interval, displaying the computed metric. The displayed financial asset risk-return profile includes a total return component and a hold time component of risk. | 06-23-2011 |
| 20110161244 | Clearing System That Determines Margin Requirements for Financial Portfolios - Methods, systems and apparatuses are described for calculating a performance bond amount for a portfolio including interest rate swaps. A risk calculation module (or risk processor) may assist in the calculation. In some examples, values, such as swap (DV01) dollar values and volatility values, and adjustments/factors, such as calendar charge adjustments and liquidity charge minimums, may be used to enhance the margin calculation. These values may be maintained and updated in various ways, including but not limited to, lookup tables, matrices, and other structures. The margin calculations may be used by an exchange or clearinghouse to request a portfolio holder to deposit additional funds towards a performance bond associated with the portfolio. | 06-30-2011 |
| 20110161245 | Electronic System for Analyzing the Risk of an Enterprise - An automated and interactive system that facilitates efficient capitalization/liquidation and monitoring of private and publicly-traded enterprises through a network-driven marketplace is disclosed. The system may be comprised of a dynamic process for enterprise characterization, a customizable computational engine that utilizes statistical reference information to quantify a multi-factor scoring value for each unique enterprise, a customizable system for investor-users to filter, rank, and screen enterprise prospects, a customizable system for monitoring the performance of enterprises, an integrated internal system for electronic communication between market participants, and an empirical feedback system that provides a dynamic knowledge base of statistical reference information for various computational components of the invention. | 06-30-2011 |
| 20110161246 | PRIVATE EQUITY FUND VALUATION AND DUE DILIGENCE ANALYSIS SYSTEM AND METHOD WITH DEAL-LEVEL BENCHMARK - Private equity fund valuation and due diligence analysis software that combines available information on private equity funds, the organizations and individuals managing these funds, the underlying deals for these funds and companies comparable to the deals for these funds and utilizes multivariate statistical regression or other possible analysis techniques to develop highly accurate approximate deal-level performance benchmarks, value driver analyses, fund-level performance forecasts and fund rating scores. These analyses allow investors to assess the attractiveness of an investment into a given private equity fund with a much greater level of detail. | 06-30-2011 |
| 20110167018 | Prioritizing and Tracking Investments - Systems, methods, and computer program products are provided for assisting in understanding and tracking the potential risks and rewards of investment projects so that they can be efficiently evaluated for approval and tracked for progress. For example, in one embodiment, an investment system causes display of input requests and receives responses to the input requests from conception of the investment project to completion of the investment project. | 07-07-2011 |
| 20110167019 | Venture capital transaction with a university scholarship - A technique involves providing an actual cost commitment and investing a retail value of the actual cost commitment to a student venture, and receiving a return on the retail value and a return on actual cost that is equal to the return on the retail value minus the actual cost commitment. A system constructed according to the technique may include an investment decision engine, a portfolio management engine, and a venture scholar fund operations engine. The system may further include, for example, an authentication engine and a public information engine. | 07-07-2011 |
| 20110167020 | Hybrid Simulation Methodologies To Simulate Risk Factors - Computer-implemented systems and methods are provided for generating a simulated forecast based on members of a pool of input risk factor variables. Certain members of the pool of input risk factor variables are identified as members of a first set of variables, and certain other members of the pool of input risk factor variables are identified as members of a second set of variables. A first simulation is generated via a first simulation method using the first set of variables, and a second simulation is generated via a second simulation method that differs from the first simulation method using the second set of variables. The first simulation and the second simulation are generated using correlations among variables in the first set of variables and variables in the second set of variables. | 07-07-2011 |
| 20110167021 | NUMERICAL MODELLING APPARATUS - A numerical modelling apparatus and method of performing numerical modelling are described. An input unit receives signals giving information relating to a set of assets. A processor unit is arranged to provide a Risk Relation Matrix v having elements that represent a relationship of risk related to a respective pair of the assets. Each element is a scalar product of two risk vectors, such that each of the assets has an associated risk vector according to the elements of the risk relation matrix. The Risk Relation Matrix v is decomposed into eigenvectors and eigenvalues according to V=E·Λ·E′, where E is a set of eigenvectors of the risk matrix v in columns, Λ is the corresponding diagonal eigenvalue matrix, and E′ is the transpose of E. Components of each of the risk vectors are derived in the basis of unit independent risks by the corresponding row of the matrix product E·Λ | 07-07-2011 |
| 20110167022 | NUMERICAL MODELLING APPARATUS AND METHOD FOR PRICING, TRADING AND RISK ASSESSMENT - A numerical modelling apparatus and method of performing numerical modelling are described. An input unit receives signals giving information relating to a set of assets. A processor unit is arranged to provide a set of Risk Relation Matrices V | 07-07-2011 |
| 20110167023 | DEVICE, METHOD AND SYSTEM OF PRICING FINANCIAL INSTRUMENTS - Some demonstrative embodiments include methods, devices and systems of pricing financial instruments. In one embodiment, a pricing module may be configured to receive first input data corresponding to at least one parameter defining a first option on an underlying asset and second input data corresponding to at least one current market condition relating to said underlying asset, and, based on said first and second input data, to determine a price of the first option according to a volatility smile satisfying a first criterion relating to a sum of a first correction corresponding to the first option and a second correction corresponding to a second option representing a position opposite to a position of a the first option and having substantially a same absolute delta value as the first option, wherein the first correction relates to a difference between a theoretical price of the first option and the price of the first option according to the volatility smile, and wherein the second correction relates to a difference between a theoretical price of the second option and the price of the second option according to the volatility smile. Other embodiments are described and claimed. | 07-07-2011 |
| 20110173133 | SECURITIES DATA ANALYSIS AND PREDICTION TOOL - A system and method for data analysis and presentation of securities such as stocks, futures, options, forex, and bonds that uses information from both historical and presents signals relating to the security to predict short term, intermediate and long-term future directions of the security to help position the traders on the right-side of the market by converting the gathered information to primary signals. The system also leverages secondary information sources and/or signals such as increased/decreased volume of buyers/sellers, buy/sell trend direction, changing accumulation/distribution pressure, and oscillating frequency to present exhaustive information related to the security and further to display such information along with primary information in a single-page view so as to enable an analyst/investor to make a basic buy/sell decision in a timely and informed fashion. | 07-14-2011 |
| 20110173134 | Trade Generation System and Method Thereof - A system and method for trade generation to achieve investment objectives is provided. The system may include a first user having a portfolio and at least one investment objective. A computer-implemented device has a database, wherein the database receiving the at least one investment objective and at least one view. An aggregation system is in communication with the database, wherein the aggregation system aggregates a consensus based on the at least one view. A scoring system is in communication with the database, wherein the scoring system calculates at least one score from the at least one investment objective and the consensus. An investment suggestion generator is positioned to output at least one investment suggestion based on the at least one score. | 07-14-2011 |
| 20110173135 | Methods and Systems for Risk Management - In one aspect, the invention comprises acquiring background data regarding securities positions and regarding real-time pricing data; performing calculations regarding intermediate measures of performance of the securities; receiving configuration data for a portfolio of securities and one or more data requests, at least one of the data requests comprising a request for a value at risk report regarding the portfolio; and providing a value at risk report based on a Parkinson's volatility estimation. In another aspect, the invention comprises displaying a tree structure display in a first portion of a graphical user interface display; in response to a user selecting an item from the tree structure display, displaying a corresponding listing in a tabular display in a second portion of the graphical user interface display; and in response to the user selecting a listing in the tabular display, displaying a corresponding item in the tree structure display. | 07-14-2011 |
| 20110173136 | ADJUSTABLE DERIVATIVE SECURITIES AND METHOD FOR ADJUSTING THE VALUE OF SAME DUE TO A CORPORATE EVENT - The claimed invention relates to an adjustable derivative contract. Particularly a method and system for adjusting the derivative contract to account for time value of money due to an occurrence of a corporate event that affects the value of the derivative contract. The claimed method and system allocates distributions amongst different derivative contracts, each derivative contract representing a different economic interest of at least two shares of an underlying security. The claimed invention uses the concepts of present and future values to value derivative contracts in order to more fairly and accurately represent the interests of the various holders of such derivative contracts upon the occurrence of a corporate event affecting the value of these derivative contracts. | 07-14-2011 |
| 20110173137 | Method and System for Stress Testing Simulations of the Behavior of Financial Instruments - A method and system for simulating changes in volatility for a price of a particular option on an underlying financial instrument is disclosed. A volatility surface model having at least one surface parameter is provided along with a set of volatilities for a plurality of options on the underlying financial instrument. The set of volatilities is analyzed to determine an initial value for each surface parameter which, when used in the surface model, defines a surface approximating the set of volatilities under normal market conditions. The values of the surface parameters are then evolved using an appropriate evolution function. Prior to applying the surface parameters to the model, the parameter values can be adjusted to introduce changes in offset, skew, term, or other parameters of the volatility surface to allow for simulation of unusual market conditions. A volatility value for a particular option is extracted from the volatility surface defined by the evolved and stress-adjusted surface parameter values. The extracted volatility value can then be used in an option pricing model to provide a price of the particular option. | 07-14-2011 |
| 20110178950 | System and method of visual representation of stock exchange transactions - System and method of visual representation of stock exchange transactions which provide additional information for traders when it comes to taking buy/sell decisions for stocks, being oriented towards electronic stock exchange transactions. Specifically, the present invention is aimed at tools for trading of products that can be traded in terms of quantities and/or prices. The method is based on labeling each transaction with a label selected from between initiated buy transaction, when the execution price is equal to or greater than the sell limit price registered in the first sell level of the order book, and initiated sell transaction, when the execution price is equal to or lower than the buy limit price registered in the first buy level of the order book. | 07-21-2011 |
| 20110178951 | METHOD, SYSTEM AND PROGRAM PRODUCT FOR DETERMINING A VALUE OF AN INDEX - A method and system for determining and sending or posting an electronic value for an index is provided. A list of sectors is obtained. The system then accesses a database storing company information. Eligible securities are selected, assigned to sectors and ranked within each sector. A weight for each eligible security is determined. An amount for the index value of the selected eligible securities based on the weighting is calculated. The index value may be posted or outputted electronically. | 07-21-2011 |
| 20110178952 | SYSTEM, METHOD, AND PRODUCT FOR PROTECTING A REAL ESTATE VALUE - A computer program product, saved on a memory connected to a computer, to protect a purchase price of real estate to minimize liability risk associated with a loss of value of the real estate. The computer program product includes programs by which the computer executes a plurality of steps. The steps include selecting at least one inventory of real estate for processing and calculating a protected price of at least one unit of the selected at least one inventory. An exercise option for the at least one unit based on the start date and the protected price may be determined and an opt-out option based on the start date and the protected price may also be determined. At least one of (a) a first output or an exercise failure output based on the exercise option or (b) a second output or an opt-out failure output based on the opt-out option may be output. | 07-21-2011 |
| 20110178953 | METHODS AND SYSTEMS FOR COMPUTING TRADING STRATEGIES FOR USE IN PORTFOLIO MANAGEMENT AND COMPUTING ASSOCIATED PROBABILITY DISTRIBUTIONS FOR USE IN OPTION PRICING - Exemplary methods and systems for creating uncorrelated trading strategies and deriving associated implied probability distributions of the price of an underlying financial instrument at future times are disclosed, applicable to stock market prices, interest rates, currency exchange rates, commodity prices and credit spreads. | 07-21-2011 |
| 20110178954 | System and Method for Visualization of Results of Multi-Criteria Financial Optimizations - Described is a system including a memory arrangement and a processor for graphically representing in a space data representing at least one portfolio. The memory arrangement stores a Multi-Criteria Financial Optimization (“MCFO”). The processor solves the MCFO to generate data corresponding to a set of portfolios. The processor selects vertex points corresponding to a set of components of the portfolios. The processor defines coordinates of the vertices on a chart and plots the vertices as points on the chart. The processor defining a projection vector-function using coordinates of the vertices and selecting a subset of the portfolios on the chart. The processor computing coordinates for the portfolios in the subset using the projection vector-function and a weighting corresponding to the portfolios. The processor plotting points corresponding to the portfolios in the subset on the chart using the computed coordinates. | 07-21-2011 |
| 20110178955 | Open End Mutual Fund Securitization Process - A computer implemented system is provided for exchanging shares in an exchange traded product. A display is provided for displaying data representing shares of an exchange traded product comprising a leveraged portfolio of securities satisfying capitalization and performance criteria, the securities within the portfolio being weighted and having an expected future performance return greater than securities comprising a benchmark. The leveraged exchange traded product is configured for trading shares of the leveraged exchange traded product at a real time determined price related to the underlying price of each of the selected securities comprising the leveraged exchange traded product and related to the respective weightings of the selected securities. The exchange traded product can be open ended. An exchange computer is also provided for processing the exchange of the shares at a price related to the price of the securities within the leveraged portfolio, the exchange computer being configured to transmit data indicative of trades which occur intra-day over a communication network to an exchange clearing computer. | 07-21-2011 |
| 20110178956 | SYSTEM AND METHOD FOR EFFICIENTLY USING COLLATERAL FOR RISK OFFSET - A system and method for analyzing correlation between the assets given by the trader for collateral and that trader's open positions is disclosed. Thus, if the collateral is correlated to the trader's open positions, then some offset can be given. If there is no correlation than the collateral is valued in the conventional way. For example, if a trader provides t-bills as collateral for an account that has open positions (e.g. short futures) in T-bills, than that trader's account can be credited with some offset since the value of T-bills and T-bill futures are highly correlated. | 07-21-2011 |
| 20110178957 | High Speed Processing of Financial Information Using FPGA Devices - Methods and systems for processing financial market data using a reconfigurable logic device are disclosed. Various operations such as basket calculation and volume weighted average price (VWAP) operations can be performed on the financial market data using firmware logic deployed on the reconfigurable logic device to accelerate the speed of processing. | 07-21-2011 |
| 20110178958 | System and Method for Analyzing Data Associated with Statistical Arbitrage - Providing computer-based systems and methods for analyzing historical performance of financial securities and identifying trades in those securities based on the securities' current position as compared to this historical performance. These computer-based systems and computer-implemented methods include identifying stock pairs to include in a trading portfolio, based on a measure of the pair's relative performance, such as a modified Sharpe Ratio. The value of the stocks in each stock pair in the portfolio is assessed and deviations determined. This assessment can occur daily or at a longer or shorter time step. Stocks are bought or sold based on the current price of the stock as compared to historical performance. The present invention preferably employs a large number of stock pairs in the trading portfolio. This use of a large number of pairs results in a plurality of stocks being in more than one stock pair. | 07-21-2011 |
| 20110184884 | OPTIMIZING PORTFOLIOS OF FINANCIAL INSTRUMENTS - A decision model is applied to a set of current data from a mortgage portfolio to generate a first portfolio metric. The decision model is formed from a network of a plurality of predictive models that are trained on historical data derived from a plurality of mortgage account profiles for a plurality of mortgages within the mortgage portfolio. One or more of the predictive models is an action-based predictive model allowing modification of at least one attribute affecting performance of the mortgage portfolio. One or more of the attributes can be modified and a second portfolio metric can then be optimized, using the decision model, in light of at least one constraint (which can be user-defined). Related techniques, apparatus, systems, and articles are described. | 07-28-2011 |
| 20110184885 | Methods and Systems for Comparing Stocks - An instrument and system for consistent and objective comparison of stock exchange listed stocks, regardless of geographical market, business activity and trading currency is provided. The instrument is configured to compare stocks current trading prices, by producing iso-prices and iso-values. Two stocks' iso-prices have equal premiums and discounts, in relation to their respective long-term price trends. Iso-values, on the other hand, represent prices that correspond to the same compounding rate of stockholder return. | 07-28-2011 |
| 20110191260 | AUTOMATED TOOL FOR INVESTMENT TECHNOLOGIES - A method for creating at least one investment strategy, the method including the steps of inputting user data via a user interface to identify a user; utilising said user data to retrieve statistical and reference data relevant to said user from a database; generating at least one investment strategy for the user based on the user data and retrieved statistical and reference data; displaying said at least one investment strategy. | 08-04-2011 |
| 20110191261 | COMPUTER-BASED METHOD FOR TEAMING RESEARCH ANALYSTS TO GENERATE IMPROVED SECURITIES INVESTMENT RECOMMENDATIONS - A computer-based method for combining investment recommendations of individual research providers such as stock analysts. The method includes providing a server running a research team management module. A list of individual research providers is displayed on a client node linked to the server network. A research team is generated based on user input including a number of the research providers. Team rules are assigned to the team defining an algorithm for processing recommendations from the members of the team. Recommendations for securities are retrieved for the research providers on the team, and team recommendations are generated by applying the team rules to the recommendations. Team recommendations are reported to the client node for guiding investments. Processing of the individual recommendations may include applying differing weights to the positive and negative recommendations and combining the weighted recommendations, with the weights being user-selected differentiating strengths of members of the research team. | 08-04-2011 |
| 20110191262 | COMPUTER SYSTEM AND METHOD FOR DETERMINING OPTIMAL ASSET ALLOCATION - A computer system is provided for selecting an asset allocation for an investment portfolio intended to produce a target payout starting at a target date. The computer system is programmed to receive inputs that may relate to the target payout, the target date and a nominal rate of contributions to the investment portfolio. The computer system calculates a plurality of simulated investment outcomes based on assumed investment return rates and assumed inflation rates. The assumed investment return rates and assumed inflation rates are randomly selected in multi-year clusters from historical data. The computer system selects the asset allocation based on relative performance of the assumed asset allocations in the simulated investment outcomes. | 08-04-2011 |
| 20110191263 | Stochastic Control System and Method for Multi-Period Consumption - The present invention relates to dynamic optimization of system control over time. The need for dynamic optimization arises in many settings, as diverse as solar car power consumption during a multi-day race and retirement portfolio management. We disclose a reformulation of the control problem that overcomes the so-called “curse of dimensionality” and allows formulation of optimal control policies multiple period planning horizons. One optimal control policy is for power consumption by a solar car during a race, which involves many course segments, as course conditions vary through a day. Another is for risk in and consumption from a portfolio intended to support retirement. Both multi-period control policies take into account future uncertainty. Particular aspects of the present invention are described in the claims, specification and drawings. | 08-04-2011 |
| 20110196806 | Systems, Methods, and Computer Program Products for Creation and Trading of Enhanced Bonds - A system, method, and computer program product are provided for the creation of enhanced bonds. Enhanced bonds are backed by the security of a credit default swap contract without the need for separate purchase thereof. A bond dealer is able to exchange a traditional bond instrument, which has been issued in a manner that permits the exchange, for enhanced bonds by selling the credit default swap contract to an eBond LLC and tendering the exchangeable bonds for eBonds through the bond indenture trustee. The enhanced bond facilitator calculates the exchange rates for these instruments at the time of exchange based on several variables, including the cost of the underlying credit default swap contract for a desired level of protection. | 08-11-2011 |
| 20110196807 | INTEGRATED TRADING INFORMATION PROCESSING AND TRANSMISSION SYSTEM FOR EXEMPT SECURITIES - A system is provided for processing and transmitting trading information for exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities. The system may include: (a) a risk analytic module using the latest market prices and data provided by other modules, (b) an auction module including asset auction functionality and a multi-lateral counterparty trade workstation capability, with bid-offer and unique asset price sourcing capabilities, (c) an asset or portfolio tracking module providing browser based, realtime consolidated reporting of multi-firm asset positions (public or private), and (d) an out-of-band communications module alerting users/subscribers who may or may not be logged on the system via fax, e-mail, text messages, or other out-of-band communications of a pending transaction being consummated or achieved. | 08-11-2011 |
| 20110196808 | System and Method for Directors and Officers Risk Assessment - A system and method for assessing a financial institution's capital risk. The method includes the steps of receiving financial information, processing the financial information to obtain a scenario for capital risk, assigning one of a number of predetermined rating categories to the financial institution according to the scenario, applying one or more secondary filters pertaining to additional risks selected by a D&O insurer of the bank to adjust the assigned rating category, and displaying the scenario and the adjusted rating category on a display device. | 08-11-2011 |
| 20110196809 | System and Method for Progressive Transitions Portfolio Investment Management - The present invention discloses a system and a method providing for a progressive transition of the holdings within a portfolio that takes periodic gains as the market rises and utilizes a portion of those gains to buy back in as the market falls while providing for a gradual reduction in the volatility of the portfolio. Many existing systems only allow one stop-loss or trailing stop-loss value to be used resulting in the complete liquidation of the investment once the target value is breached while some newer systems involve the use of two or more different protection levels per security, some of which may adjusted to reflect market performance and some of which may be essentially fixed. As will be appreciated by those in the art, the various systems may be adjusted to reflect the financial goals and risk tolerance of particular clients. | 08-11-2011 |
| 20110196810 | COMPUTER SYSTEM METHOD FOR DETERMINING AN EARTHQUAKE IMPACT - For determining an impact index which indicates the image or damage caused by an earthquake to a portfolio, an equation is stored for calculating a local earthquake intensity for a geographical location. The portfolio includes geographical locations and individual weighting factors assigned to the geographical locations. Furthermore, for the geographical locations stored are one or more impact ratio tables including impact ratios for different earthquake intensity levels. The impact index is calculated for the geographical locations by determining in each case the impact ratio for the local intensity at the respective geographical location, and adding up the impact ratios weighted in each case by the weighting factor assigned to the respective geographical location. An impact index that reflects the geographical distribution of the portfolio can be determined, without the need for a network of seismological measurement stations associated with the geographical locations. | 08-11-2011 |
| 20110196811 | Method of collecting delinquent specialized debt - An internet-based system for organization and collection of specialized debt that is delinquent; an example of specialized debt being healthcare debt. | 08-11-2011 |
| 20110196812 | Dynamic Functionality Based on Window Characteristics - A system and method are described for changing window's functionality upon detecting resizing events. According to one example method, a plurality of size thresholds is defined that are associated with a plurality of functional states for a window. Upon detecting that a size of a window reaches a first size threshold, a first functional state is applied to a window. Then, upon detecting another size threshold as the window is being increased or decreased in size, another functional state associated with the detected threshold is applied to the window. | 08-11-2011 |
| 20110202474 | Life Calendar - A method for providing a life calendar for a user includes gathering and tracking user data. The user data includes data associated with user-specific events and financial data. Recommendations are determined for the life calendar user based on the user data and may be refined based on bank data. Upon request, the life calendar is presented to the user populated with at least one of user data, user events, and recommendations. | 08-18-2011 |
| 20110202475 | METHODS AND SYSTEMS FOR PROVIDING AN ANTI-BENCHMARK PORTFOLIO - Methods and systems are described regarding creating a portfolio of securities involving a step of maximizing a diversification ratio represented by a quotient having as a numerator a measure of a weighted average risk characteristic of a group of securities and as a denominator a measure of an overall risk characteristic of the portfolio. | 08-18-2011 |
| 20110208670 | Execution Optimizer - Exemplary embodiments of the present invention provide systems and methods for optimizing the automatic execution of trade orders and picking an optimal trading algorithm for said execution. An order may be received and processed using a set of pre-determined screening rules. When at least one of the screening rules is violated, a meta-algorithm may be applied to the order. The meta-algorithm may select an algorithm to automatically execute the order based price slippage to determine if the algorithm is “optimal.” | 08-25-2011 |
| 20110208671 | INVESTMENT SYSTEM AND METHOD - A computer implemented investment method comprises: financing an investor with a limited-recourse loan to make an investment in a security, the investment having an underlying investment strategy, which is to be applied over a plurality of investment periods, and periodic investment exit points; for each period of the investment, calculating a payment, which is payable by the investor in order to remain invested in the investment; investing during each period according the underlying investment strategy; calculating: a first redemption value if the investor exits at an exit point before the end of a final period, the value at least in part determined by the performance of the investment up to the point of exit; or a second redemption value if the investor remains invested over all periods, the value at least in part determined by the performance of the investment up to the end of the final period; and determining a redemption payment to the investor according to the respective redemption value and the loan amount. | 08-25-2011 |
| 20110208672 | ASSET INVESTMENT TOOL - A case management tool devises an investment strategy and simulates a post-mortem asset distribution that reduces tax ramifications while increasing the transfer of the assets to a beneficiary of an asset holder. In one implementation, a portion of the assets that is estimated to survive the asset holder is invested into a life insurance policy having proceeds that transfer to the beneficiary. | 08-25-2011 |
| 20110213731 | TECHNIQUES FOR IDENTIFYING HIGH-RISK PORTFOLIO WITH AUTOMATED COMMERCIAL REAL ESTATE STRESS TESTING - Techniques for providing automated commercial real estate stress testing are provided. The automated stress testing techniques use loan information and publicly available commercial real estate data to model the performance of commercial real estate loans. Banks can use the automated techniques to more efficiently and accurately predict the performance of the commercial real estate portfolios. | 09-01-2011 |
| 20110213732 | METHOD AND SYSTEM FOR PROVIDING RISK TRANCHES IN AN INVESTMENT PRODUCT - A method and system for investing in an investment fund by at least one investor are provided. The method includes defining at least two tranches of the investment fund, each tranche associated with a tranche risk profile. The method includes, for each investor, receiving an investment amount in each tranche. The method includes calculating a profit/loss for each investor based on the investment amounts, the tranche risk profiles and a performance of the investment fund. | 09-01-2011 |
| 20110218934 | SYSTEM AND METHODS FOR COMPARING REAL PROPERTIES FOR PURCHASE AND FOR GENERATING HEAT MAPS TO AID IN IDENTIFYING PRICE ANOMALIES OF SUCH REAL PROPERTIES - Computer systems and methods enable an individual to import information related to real property units under consideration for purchase from a list of available real property units available for sale and to compare the real property units. The computer system calculates flip and rental based income for the imported real property units under consideration for purchase and displays for comparison the real property units available for-sale or for-rent. The system further allows the individual to load the information relating to selected real property units for purchase or for rent into a simulator to predict future financial performance of the real property units. The computer based methods and systems also represent each real property unit available for sale and/or for rent by a pixel on a geographic map, and calculates and displays heat maps for each of the real property unit that use a plurality of colors to signify the value of a parameter (e.g., rental value, sale price, or expected monthly profit) at various points in a spectrum on the geographic map include the real property unit. The “heat map” helps guide the user to the identify real property units with higher rental value and expected monthly profits, and lower housing prices. In addition, the systems and methods identify anomaly real property units that have prices and/or rental values that do not comport with a surrounding region in a given area or a heat map. | 09-08-2011 |
| 20110218935 | MINIMIZING SECURITY HOLDINGS RISK DURING PORTFOLIO TRADING - A method and computer program product for minimizing short-term risk to a portfolio of securities holdings during implementation of executing an outstanding trade list of securities to be traded, takes into account covariances between securities in the outstanding trade list and between securities in the outstanding trade list and securities in the portfolio of holdings so as to minimize risk to the portfolio of holdings as well as to a residual trade list of unexecuted orders during said implementation. | 09-08-2011 |
| 20110218936 | METHOD AND SYSTEM FOR PROCESSING DATA RELATED TO A DEFERRED ANNUITY WITH AVAILABLE BENEFIT PAYMENTS AND A DEFERRAL BONUS - A computer implemented data processing system and method administers a deferred variable annuity contract during the accumulation phase for a relevant life. The annuity contract has a payment base value, a contract value, and benefit payments. A maximum annual benefit payment withdrawal amount available without reducing the payment base value is calculated by multiplying the payment base value by a factor including a deferral bonus percent, which is a function of a number of years deferred by the relevant life until taking a first lifetime benefit payment. | 09-08-2011 |
| 20110231337 | COMPUTER MANAGED RETIREMENT FUND AND METHOD FOR GENERATING INCREASED REVENUE STREAM - A retirement fund program managed by computer software requiring an initial fixed investment and producing an ever increasing revenue stream to a group of participant investors organized by life expectancy and grouped into an investment partnership. A financial portfolio is created from the monies invested by each investor and is used to manage high quality securities to generate income for the partnership. Periodically, the surviving members of the partnership are entitled to receive the revenue generated from the portfolio, which statistically will increase as fewer participant investors survive. The partnership can purchase term life insurance on each participant investor, so that the initial investment can be returned to the estate of a participant investor if the participant investor becomes deceased during the program. Upon termination of the program, all remaining assets will be distributed pro rata among the living participant investors of the investment partnership. | 09-22-2011 |
| 20110231338 | Generating And Providing Information About Expected Future Prices of Assets - Data are received that represents current prices of options on a given asset. An estimate is derived from the data of a corresponding implied probability distribution of the price of the asset at a future time. Information about the probability distribution is made available within a time frame that is useful to investors, for example, promptly after the current option price information becomes available. | 09-22-2011 |
| 20110231339 | SYSTEM AND METHOD FOR MANAGING AND EVALUATING NETWORK COMMODITIES PURCHASING - Comparison values are calculated for evaluating a commercial transaction. A request for quote received from a buyer agent includes a product specification data set that identifies items that differ in accordance with at least one parameter. Price data sets received from seller agents identify items and prices in response to the product specification data set. At least one of the price data sets identifies an item having a different parameter value as compared to the item in another price data set. A comparison value for each price data set is generated by determining a price total from the price data set and calculating a summed market price total by summing market price totals for each of the items. Calculating market price totals includes obtaining metric data indicative of market prices. The summed market price total is compared to the price total for the price data set to generate the comparison value. | 09-22-2011 |
| 20110231340 | Systems, methods, and media for automatically controlling trade executions based on percentage of volume trading rates - Systems, methods, and media for automatically controlling trade executions based on percentage of volume trading rates are provided. In some embodiments, systems for automatically controlling trade executions based on percentage of volume trading rates, are provided, the systems comprising at least one processor that: determines a market impact relationship for each of a plurality of positions included in a portfolio; determines a risk model associated with the portfolio; solves for a percentage of volume trading rate for each of the plurality of positions included in the portfolio based on the market impact relationship and the risk model; and causes trades to be executed in at least one of the plurality of positions included in the portfolio at the percentage of volume trading rate corresponding to the at least one of the plurality of positions. | 09-22-2011 |
| 20110238594 | COMPUTER IMPLEMENTED AND/OR ASSISTED METHODS AND SYSTEMS FOR PROVIDING RAPID EXECUTION OF, FOR EXAMPLE, LISTED OPTIONS CONTRACTS USING TOXICITY AND/OR PROFIT ANALYZERS - Methods and systems are provided which enable options broker-dealers to execute a listed options contract trade order while simultaneously eliminating (or at least reducing) exposure to the negative consequences associated with toxic (or likely toxic) trades in the options market. By using toxicity and/or profit analyzers, for example, to detect, track and respond to the level of toxic (or likely toxic) orders present in an option contract order flow, a broker dealer can reduce the level of risk inherent in serving as a counter-party in listed options transactions, and inherent in offering a rapid execution guarantee. Various alternative embodiments are also disclosed. | 09-29-2011 |
| 20110238595 | SYSTEM, METHOD, AND COMPUTER READABLE MEDIUM FOR ALLOCATING DIVIDENDS TO A BLOCK OF COMMON STOCK SHARES - A system, a method, and a computer readable medium for allocating dividends to a block of common stock shares are provided. The method includes selling a plurality of Class A common stock shares and a plurality of Class No-Dividend common stock shares associated with the company, that form the block of common stock shares. The method further includes determining a total dividend amount for the block of common stock shares. The method further includes allocating a first percentage of the total dividend amount to the plurality of Class A common stock shares, and allocating a second percentage of the total dividend amount to the plurality of Class No-Dividend common stock shares. The method further includes performing a share buyback of a predetermined number of Class No-Dividend common stock shares of the plurality of Class No-Dividend common stock shares equal to the second percentage of the total dividend amount. | 09-29-2011 |
| 20110246386 | METHODS AND SYSTEMS FOR GENERATING TRANSITION PROBABILITY MATRICES THROUGH AN OPTIMIZATION FRAMEWORK - A method for generating an optimized transition probability matrix (OTPM) is provided. The method is performed using a computer system coupled to a database. The method includes storing in the database financial data including obligor credit ratings, generating multi-period empirical transition probability matrices (ETPMs) for a selected time horizon using the financial data stored within the database, generating a mathematical expression to minimize a difference between target ETPM values and candidate OTPM values, and calculating the OTPM from the generated mathematical expression and the financial data stored within the database, wherein the calculated OTPM includes a first set of optimized transition probability values for predicting a likelihood that a credit rating of an obligor will migrate from one credit state to another credit state during a first time interval in the future. | 10-06-2011 |
| 20110246387 | CONSUMER BEHAVIOR MODIFICATION TOOL - Embodiments of the present invention relate to methods and apparatuses for implementing, in connection with a financial account, a consumer behavior modification tool. In some embodiments, the method includes: identifying a financial account that can be used by a consumer to make a purchase, recording in connection with the financial account a rule that additional liability in the form of a transaction fee or interest rate will be applied to the financial account when a purchase meeting predefined criteria is made using the financial account, wherein the predefined criteria is defined such that only a subset of the set of potential purchases that can be made using the financial account meet the predefined criteria, receiving an indication that a purchase has been made using the financial account, applying the rule to determine that the purchase that has been made meets the predefined criteria recorded in connection with the financial account, and investing the additional liability, in the form of a transaction fee or finance charge, into an investment vehicle. | 10-06-2011 |
| 20110246388 | SYSTEM AND METHOD FOR PROVIDING FINANCIAL ASSET PRICING CHART WITH AGGREGATED, RANKED AND FILTERED ARTICLES - A system and a method for rendering a graphical chart of time and pricing data of financial assets marked by indicators corresponding to related articles of information and events, and adapted to communicate with a client, wherein the articles of information and events are ranked and filtered based on a combination of multiple automatic machine ranking and user-assigned ranking algorithms. | 10-06-2011 |
| 20110246389 | Electronic trading spooler - A spooler for a computerized trading system is provided. The spooler acts as a master to a calculation engine slave that calculates the desired state of the orders and quotes in the market. Thus, the spooler controls the high-level allocation of computational and communicational resources of the computerized trading system and the calculation engine receives from the spooler what to calculate. The spooler imposes when necessary an overall priority of calculation of the trading system that supports the spooling activity. The spooler comprises a scheduler and a package assembly. The scheduler determines the current state of the underlying prices relative to the underlying prices used to calculate quotes still active in the exchange and whether the computational resources of the trading system should focus as much as possible on preparing quoting operations, or whether other activities of the trading system can be done. The package assembly prepares quoting operations and builds the quoting operation data package. Depending on the state of the system, the scheduler operates in different modes: a “normal computations” mode, a “priority computations” mode, and a “masshold” mode. | 10-06-2011 |
| 20110246390 | SYSTEM AND METHOD FOR CONSTRUCTING INVESTMENT INSTRUMENTS, PORTFOLIOS , AND BENCHMARK INDEXES WITH ACTIVE LEVERAGED WRITTEN CALL OR PUT OPTIONS OVERLAY - An electronic pricing and trading system and method can be used for providing financial investment instrument or performance benchmark through an investment portfolio. The investment portfolio can have a long exposure to one or more underlying equities or an equity index. A technical rule can be used to determine a pricing trend associated with the underlying equities periodically. The technical rule can be electronically calculated based on prices of the one or more underlying equities or equity index investment, and a determined pricing trend is one of an up trend and a down trend. An option overlay component can be associated with the investment portfolio based on a determined pricing trend. For an up trend, the option overlay component contains written or shorting put options associated with the underlying equities or equity index. And, for a down trend, the option overlay component contains written or shorting call options associated with the underlying equities or equity index. | 10-06-2011 |
| 20110246391 | BOND ISSUE INFORMATION MANAGEMENT AND DISTRIBUTION SYSTEM - Disclosed is a new bond issue information management and distribution system and methods of using the same in which users, including bond issuers, investors, underwriters, and other financial intermediaries may participate regardless of affiliation, or lack of affiliation, amongst them. The disclosed system and method provides a central clearinghouse for information regarding new issue bonds and provides open access to such information. Also disclosed is a system and method for distribution of advertisements regarding new issue bonds. | 10-06-2011 |
| 20110246392 | SYSTEM AND METHOD FOR DISPLAYING TRADING DATA - A system and method are provided for presenting trading information. One example method includes displaying a plurality of effective trade indicators corresponding to price levels at which effective trades have been initiated, and displaying trading information corresponding to each effective trade. The effective trades can be determined based on user-configured trade definitions. The trading information can include a traded quantity and profit/loss corresponding to each effective trade. In addition to the trading information, current market information could be displayed as well in relation to the plurality of effective trades. | 10-06-2011 |
| 20110246393 | SYSTEMS AND METHODS FOR SCHEDULING CONTRIBUTIONS TO A RETIREMENT SAVINGS PLAN - Computer-based systems and methods are described for generating personalized, automated contribution strategies for scheduling contributions to a retirement savings plan or other savings plan. Embodiments of the systems and methods provide visual, graphic, and other educational displays to assist a client in choosing a suitable savings contribution strategy that may take into account at least one of the set consisting of: details of an employer-sponsored savings fund available to the client which may include opportunities for employer matching-funds, desired portion of potential standard-of-living increases derived from salary raises that the client is willing to contribute to a savings plan, client's current savings behavior and value of savings portfolio, effects of the stochastic nature of future investment portfolio value, and changing federal tax regulations. Clients may use the systems for educational and planning purposes and/or may authorize automated triggering of contributions with scheduled increases and/or decreases as specified by the selected strategy. | 10-06-2011 |
| 20110246394 | SCANNING BASED SPREADS USING A HEDGE RATIO NON-LINEAR OPTIMIZATION MODEL - The disclosed embodiments utilize hedge ratios to determine the optimal hedge ratio and associated scanning spread. This tells traders what ratios of the quantities of products they should have in their portfolio in order to maintain the status of the portfolios as delta neutral, i.e. be delta hedged, and receive optimal margin credits therefore. | 10-06-2011 |
| 20110251976 | COMPUTING CASCADED AGGREGATES IN A DATA STREAM - A method for efficiently approximating cascaded aggregates in a data stream in a single pass over a dataset, with entries presented to the methodology in an arbitrary order includes receiving out-of-order data entries in the data stream, aggregating particular data entries into aggregated data sets from the data stream based on a first characteristic of the data entries, computing a normalized Euclidean norm around mean values of each of the aggregated data sets, calculating an average of all of the normalized Euclidean norms of each of the aggregated data sets, and calculating a value based on the first characteristic as a result of calculating the average of all of the normalized Euclidean norms. | 10-13-2011 |
| 20110251977 | Ad Hoc Document Parsing - A system for analyzing investment related documents permits users to upload documents to software hosted on a server. The software identifies the mention of entities and user-defined themes, and calculates the sentiment of the mentions for reporting to the user. The software further analyzes particular documents such as by rating analyst reports. | 10-13-2011 |
| 20110251978 | METHODS AND SYSTEMS FOR ASSESSING FINANCIAL PERSONALITY - One or more aspects comprise a computer system comprising one or more servers that: (a) provide a financial personality assessment questionnaire to a user; and (b) receive data describing said user's responses to one or more questions in said questionnaire; and one or more processors in communication with said one or more servers that: (a) based on said data describing said user's responses, assess said user's investment-related attitudes across a plurality of scales and produce a multi-dimensional financial personality identifier for said user; and (b) construct a user risk profile for said user derived from said multi-dimensional financial personality identifier. | 10-13-2011 |
| 20110258139 | Customizable investment fund and investing education - A comprehensive, convenient, cost-effective, and intuitive mechanism for individuals to create, manage, and modify customized portfolios of assets and liabilities based on the individual's investment preferences, weighting schemes, risk tolerance, and timeframe. The mechanism includes a server ( | 10-20-2011 |
| 20110258140 | RLIF PROGRAM AND PROCESSOR - A method for creating a program for pooling of longevity risks among investors comprising in any order the following steps, all or part of the steps being performed by, or with the aid of, a computer: creating pools of investors by grouping together investors who select the same investment maturity date; establishing periodic valuation dates for the investors' accounts; investing investors' funds in the investment portfolios, which the investors selected from the investment portfolio choices made available to them under the program; determining the value of the investors' accounts on the valuation date according to a predetermined formula; and, distributing their account value to the investors who, as of said valuation date, have met the requirements of a predetermined maturity date rule. | 10-20-2011 |
| 20110258141 | METHOD FOR CREATING AND DELIVERING CUSTOMIZED COMPLIANCE INFORMATION - A method and system to create personalized investor information packages, based on investor information, to be delivered to the investor to satisfy both compliance regulations and investor preferences. The method and system may deliver information in a paper or electronic format. | 10-20-2011 |
| 20110258142 | Using Commercial Share of Wallet To Rate Investments - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 10-20-2011 |
| 20110264600 | Fund of Funds Analysis Tool - Systems and techniques are disclosed to analyze fund of funds investments. The system is configured to provide at least one objective analytic that indicates the level of risk associated with a fund of funds investment strategy. The system provides both a quantitative and qualitative risk measurement value using actual portfolio holdings data of underlying funds that can be used to compare multi-faceted investment portfolios. | 10-27-2011 |
| 20110264601 | System and Method for Longevity/Mortality Derivatives Pricing and Risk Management - A computer-implemented method and system which can be used for assessing and quantifying the longevity (mortality) risk and pricing the longevity (mortality) derivatives by using Asymmetric Jump Diffusion (AJD) Model is disclosed. Longevity risk (Mortality risk), which is defined as the uncertainty associated with the overestimation (underestimation) of the mortality rate, is faced by annuity providers, pension funds and life insurers. The AJD method and system, composed of means, introduce an appropriate probability density function at higher accuracy to capturing the leptokurtosis feature and the asymmetric jump feature of the mortality rate risk. The method and system include means for decomposing the mortality rate, means for capturing the time-specific indicator trend feature; means for calibrating the AJD model by Maximum Likelihood Estimation (MLE) procedure, means for projecting future mortality rate by Monte-Carlo simulation and means for pricing the derivatives with implied market price of risk. | 10-27-2011 |
| 20110264602 | Computer-Implemented Systems And Methods For Implementing Dynamic Trading Strategies In Risk Computations - Systems and methods are provided for simulating a portfolio risk of a portfolio managed according to one or more portfolio management rules. An initial holding amount of an investment instrument is received, and a portfolio management rule is received. One or more risk factors are simulated a first time period into the future. An adjustment amount is determined based on the portfolio management rule and the one or more risk factors simulated a first time period into the future and the holding amount of the investment instrument is adjusted based on adjustment amount. The one or more risk factors are simulated a second time period into the future, and a portfolio risk value is calculated based on the adjusted holding amount and the one or more risk factors simulated a second time period into the future. | 10-27-2011 |
| 20110264603 | SYSTEM AND METHOD FOR SELECTING SECURITIES FOR AN INVESTMENT PORTFOLIO - Methods and systems for selecting and weighting securities for an actively managed exchange-traded fund. An initial selection of stocks includes domestic or international stocks, which are selected based at least in part on market capitalization. Each stock is scored using a plurality of growth and value factors to generate one or more growth scores and one or more value scores. A selection score is determined for each stock, and the stocks are ranked according to selection scores. A predetermined amount of stocks are eliminated from the stock portfolio based on selection score ranking, and the remaining stocks are split into a plurality of sub-groups. A stock portfolio is generated by weighting the remaining stocks according to the sub-groups they are in, with each stock being equally weighted within its sub-group. An exchange-traded fund is offered to consumers based on the stock portfolio. | 10-27-2011 |
| 20110264604 | SYSTEM AND METHOD FOR PROCESSING DATA RELATED TO CONVERTIBLE FINANCIAL INSTRUMENTS - The present invention provides a system and method for administering an investment option known as a lifetime income share. Lifetime income shares mitigate survival risk, the risk that an individual will outlive his or her assets. More specifically, the purchase of a plurality of lifetime income shares certifies that an individual is entitled to receive a predetermined, periodic income payment for the life of the purchaser. Additionally, the lifetime income shares of the present invention may be purchased and distributed to participants by a third party (e.g. commingled fund). The third party wishing to provide the lifetime income shares of the present invention to participants may purchase a predetermined amount of shares of an annuity from the underwriting organization and distribute it to the participants. This plan has an investment phase, a distribution phase, and a payout phase. Once the payout phase begins, the stream of monthly income commences at a specified age or date. | 10-27-2011 |
| 20110270778 | SHARING INVESTMENT INFORMATION VIA A SOCIAL NETWORKING WEBSITE - An application for sharing investment information through social networking websites, such as Facebook®, is disclosed. The application can retrieve investment information from a financial institution via the internet and then select only information that a user wishes to share so sensitive or personal information is removed prior to sharing the investment information. The application can provide access to the investment information through the social networking website by individuals selected by the user. The user can require a fee or other consideration for others prior to providing access to the investment information. | 11-03-2011 |
| 20110270779 | DATA ANALYTICS MODELS FOR LOAN TREATMENT - Data analytics are provided in loan treatment. Various sources of data may be used to optimize or predict value for a loan. Using machine-learning and/or statistical analysis, loans or treatment best suited for a particular borrower may be determined. Due to the large amounts of data available, borrower behavior may be learned from previous behavior of others and mapped to a predictive model. Machine-learning indicates the most relevant factors in loan treatment, providing a matrix for predicting loan value or treatment success. A given borrower may be classified into one of many classes of borrower based on credit information, property information, desired loan information, real estate market information, and/or other data. Tens, hundreds, or even thousands of variables may be used to predict the optimum treatment. | 11-03-2011 |
| 20110270780 | METHODS AND SYSTEMS FOR ASSESSING FINANCIAL PERSONALITY - One or more aspects comprise a computer system comprising one or more servers that: (a) provide a financial personality assessment questionnaire to a user; and (b) receive data describing said user's responses to one or more questions in said questionnaire; and one or more processors in communication with said one or more servers that: (a) based on said data describing said user's responses, assess said user's investment-related attitudes across a plurality of scales and produce a multi-dimensional financial personality identifier for said user; and (b) construct a user risk profile for said user derived from said multi-dimensional financial personality identifier. | 11-03-2011 |
| 20110270781 | SYSTEM AND METHOD FOR PROCESSING DATA RELATED TO AN ANNUITY USING AN INDEX-BASED AMOUNT TO CREDIT TO A CONTRACT VALUE - A computer system for processing data related to an annuity product, the annuity product having a contract value and a minimum interest rate, is configured to determine an amount of interest for crediting to the contract value based on the contract value and the value of the interest rate; determine a difference between the current value of an index independent of the value of any financial instrument and the prior period value of the index; based on the determined difference between the current value of the index and the prior period value of the index, determine a value of an additional amount for crediting to the contract value; and, based on the contract value, the amount of interest for crediting and the value of the additional amount for crediting, determine an updated contract value. | 11-03-2011 |
| 20110276515 | SYSTEM AND METHOD FOR PROVIDING AN INTERMEDIARY FOR A TRANSACTION - A method of providing an intermediary for a transaction is provided. The method includes receiving a first request to place a first order to trade a first product at a first price, the first product being associated with one or more events. The first order is placed. The method further includes receiving a second request to place a second order to trade the first product at a second price. The second order is placed. A match between the first order and the second order is identified based at least in part on the first price of the first order and the second price of the second order. A first set of one or more obligations is established based at least in part on the first order, and a second set of one or more obligations is established based at least in part on the second order. | 11-10-2011 |
| 20110276516 | METHOD AND SYSTEM FOR COLLECTING AND USING MARKET DATA FROM VARIOUS SOURCES - A system and a method for collecting and using market data. The system includes a workstation, where at least one message is entered, a transmitter, where the at least one message is transmitted, a parser for parsing the at least one message, a data recognizer for identifying relevant information in the at least one message, a processor for extracting the relevant information and a communicator for communicating the relevant information. | 11-10-2011 |
| 20110276517 | SYSTEM AND METHOD FOR INCORPORATING MORTALITY RISK IN AN INVESTMENT PLANNING MODEL - A retirement planning method for computing possible future values of a portfolio of an investor. In one embodiment, the method includes the steps of (a) receiving a plurality of user inputs comprising an initial value of the portfolio and a current age of the investor; (b) providing data indicating one of cumulative probabilities of living to an age of death and cumulative probabilities dying at an age of death for persons of a given age group; (c) randomly drawing a number between 0 and 1 for the investor; (d) defining the randomly drawn number as one of said one of cumulative probabilities of living to an age of death and cumulative probabilities of dying at an age of death; (e) determining an age of death of the investor in accordance with said data based on the current age of the investor and the randomly drawn number; (f) computing a future value of the portfolio using the age of death of the investor determined in step (e), a predetermined rate of return, and the initial value of the portfolio; and (g) outputting the computed future value of the portfolio. | 11-10-2011 |
| 20110282801 | RISK-SENSITIVE INVESTMENT STRATEGIES UNDER PARTIALLY OBSERVABLE MARKET CONDITIONS - System, method and computer program product for modelling Risk-Sensitive Partially-Observable Markov Decision Processes (POMDPs), e.g., in a high-risk domain such as financial planning and solving such equations exactly, such that agents maximize the expected utility of their actions. The system and method employs an exact algorithm for solving Risk-Sensitive POMDPs, for piecewise linear utility functions, by representing underlying value functions with sets of piecewise bilinear functions—computed using functional value iteration—and pruning the dominated bilinear functions using efficient linear programming approximations of underlying non-convex bilinear programs. Considering piecewise linear approximations of utility functions, (i) there is defined the Risk-Sensitive POMDP model that incorporates value functions V(b,w) where argument “b” is a belief state and argument “w” is a continuous wealth dimension; (ii) derive the fundamental properties of the underlying value functions and provide a functional value iteration technique to compute them; and (iii) determine the dominated value functions, to speed up the algorithm. | 11-17-2011 |
| 20110282802 | Apparatus For Displaying Orders For Financial Derivatives, And A System And A Method Thereof - A computer screen showing a computer generated bar chart representing orders for financial derivatives, wherein the bid and offer prices for the orders are represented by markers in the bar chart. The volatility of the derivatives is calculated and represented by a volatility line in the chart. The extent to which the bids and offers differ from the theoretical value is represented by the distance between the markers and the volatility line. | 11-17-2011 |
| 20110282803 | SYSTEM AND METHOD FOR MANAGING INVESTMENT FUNDS - Method for establishing an investment mandate and for managing institutional investment funds associated with equity-based investments, bond-based investments and other investments. | 11-17-2011 |
| 20110282804 | System and Method for Market Analysis and Forecast Utilizing At Least One of Securities Records Assessment and Distribution-Free Estimation - The inventive system and method, preferably implemented in one or more data processing systems, provides various novel techniques for stock market analysis and forecast utilizing at least one technique selected from a group comprising: securities records assessment and distribution-free estimation, to analyze and forecast both long-term trends in various market situations as well as local, short-lived, stock fluctuations. Advantageously, the inventive system and method are capable of taking into account entire groups of stocks, which is particularly advantageous in the cases where individual stocks influence one another. | 11-17-2011 |
| 20110282805 | SECURITIES TRADING METHOD - A method and storage medium for trading securities comprise providing and selecting a first trading template; receiving via a communication network data relating to a trade relating to the first trading template; modifying the first trading template in accordance with a shift, the shift for adjusting the first template; automatically communicating via a network with a trading server to receive data for evaluating at least a condition precedent of the shifted trading template; and when the condition precedent is met, automatically communicating via the network with the trading system to request a first trade thereon in accordance with the first trading template. A system for implementing the invention includes a storage medium, an input port for receiving data, a communication port for receiving data via a communication network and a processor for modifying the first trading template. The invention provides for advantageous selection and implementation of trading strategies. | 11-17-2011 |
| 20110289016 | Method of determining orderly liquidation value of patents - A Method for Determining the Orderly Liquidation Value of a Patent comprising the steps of: determining a revenue stream resulting from the manufacturer of products using a patented technology and using tangible and intangible assets in the production of said revenue stream; and, determining the contribution of the tangible assets to the revenue stream; and, determining the contribution of intangible assets to the revenue stream; and, subtracting the contributions of the tangible assets and intangible assets leaving only the contribution of the patented features of the products; and, dividing that patented contributed amount by a litigation risk factor to arrive at the orderly liquidation value of the patent. | 11-24-2011 |
| 20110289017 | Systems and Methods for Asynchronous Risk Model Return Portfolios - Portfolio optimization typically involves a risk model to control the level of risk in the portfolio constructed. By creating different portfolios using different risk models (fundamental or statistical; long, medium or short horizon) corresponding to different times or dates (a current or an old risk model), one obtains a large number of low risk (volatility) portfolios. A risk model return portfolio is the difference in the any two of these portfolios, and a risk model return is the return associated with a risk model return portfolio. A number of risk model return portfolios exhibit repeatable returns that can be used to an investor's advantage. Furthermore, these returns exhibit very low correlation with the benchmark returns. As such, they are uncorrelated sources of return. Such returns are considered valuable by investors. The present invention uses risk model return portfolios and their returns to create attractive investments for investors. The risk model return portfolios can be used to analyze market trends and create implied alphas for portfolio construction. They can also be used to provide constituent information that can be further used as the basis for an exchange traded fund (ETF), index or other investment vehicle. | 11-24-2011 |
| 20110295765 | Variable Annuity Product Management Method and System - A computer-implemented method for providing and managing a variable annuity product capable of investing in exchange-traded funds, including: receiving, on a server computer, a request to allocate an amount of annuity assets comprising tax-deferred or tax-advantaged assets into at least one subaccount corresponding to a specified exchange-traded fund; allocating the amount of annuity funds into at least one subaccount; and initiating the purchase of at least one share of an exchange-traded fund relating to at least a portion of at least one unit of the at least one subaccount. A system and a computer program product for implementing the aforementioned method includes appropriately communicatively connected hardware components. Also disclosed is a computer-implemented method for reducing risk in a variable annuity product as well as a system and a computer program product for implementing the method which includes appropriately communicatively connected hardware components. | 12-01-2011 |
| 20110295766 | ADAPTIVE CLOSED LOOP INVESTMENT DECISION ENGINE - An adaptive closed loop decision engine outputs actionable alerts regarding asset holdings and allocations to reduce investment volatility and improve returns over market and sector cycles without unnecessary trading activity. The decision engine performs a statistical analysis on pricing trends that generates threshold decision points for investing in or avoiding assets and for determining asset allocation weightings within a portfolio. The engine operates in a way that yields higher returns, dramatically reduces maximum drawdown and lower volatility over market cycles. It identifies conditional probabilities, when they exist, to establish decision parameters that are applied to individual investment vehicles or, to portfolios of investments. If asset pricing were a purely random event, then no conditional probability advantage would exist to yield a statistical benefit. However, historical data and empirical evidence indicate that for broad market indices and many investable assets (e.g., funds and ETFs) pricing variability deviates from a purely random (Gaussian) nature. Specifically, some trends have a higher probability of continuing for some period of time. Furthermore, these conditional relationships can be detected and used to establish decision parameters that can improve asset returns and lower volatility over single and multiple market corrections. Any conditional relationship that has existed in the past may not continue into the future and this invention is able to detect if those relationships are changing and adapt to those changes. The recent market turbulence has highlighted the need to have a well-developed statistical model of the market and an adaptive tool to deal objectively with such volatile situations. | 12-01-2011 |
| 20110295767 | INVERSE SOLUTION FOR STRUCTURED FINANCE - A method, system, and computer program for solving the inverse problem through an iterative process whereby each iterative effectively solves one forward problem without having to sample the entire non-linear space. The method is a selective and iterative process for optimizing many variables that substantially achieves a global optimum solution. One particular process utilizes a neo-Darwinism method. Under this method, the sample space is iteratively analyzed via “mutations” to the value of the variable involved. Starting from a basic structure that is assumed sub-optimal, small variations or mutations are applied to each variable in turn, and those that are determined to improve the outcome value are kept. A better outcome value is determined to exist when a set of ratings is closer to the required set. Because the average rating is an invariant, the variable space is operated on throughout the process of looking for the combination of factors that will lead to the better outcome value. | 12-01-2011 |
| 20110295768 | Using Commercial Share of Wallet in Private Equity Investments - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. Private equity firms and other investors of small businesses can use the CSoW/CSoSW modeling approach to more accurately evaluate small and privately held companies, both during investment and for evaluating prospective investments. Over-the-counter securities trading systems can also use this modeling approach to provide more accurate information and/or rankings of listed companies to their customers. | 12-01-2011 |
| 20110302105 | Investor Social Networking Website - A social networking website system for an individual investor to join as a member, to meet online with other investors and discuss investing. The social network facilitates finding and communicating among like-minded individuals by providing the investor with a plurality of searching tools for searching a member profile page, a portfolio, and provides online communication tools such as a chat room, a forum and video posting. The member easily researches important information regarding stocks, commodities, bonds, foreign currency, futures, and other types of financial instruments by entering a ticker symbol that becomes a prefix key linking to an online data synopsis about the investment. The investor social networking system also provides a member a mechanism for placing orders to buy or sell financial instruments through the website. | 12-08-2011 |
| 20110302106 | STOCK METHOD FOR MEASURING AND ASSIGNING PRECISE MEANING TO MARKET SENTIMENT - A stock method for objectively quantifying the feeling, or market sentiment, of a company's stock (or the market as a whole) in a data-driven and transparent manner that serves as a standardized tool useful to investors and stock market analysts in gauging such items as inflated or deflated price values resulting from varying levels of market sentiment. | 12-08-2011 |
| 20110302107 | Method and System to Solve Dynamic Multi-Factor Models in Finance - Methods and systems for estimating time-varying factor exposures of either an individual financial instrument or a portfolio of such instruments, through the solution of a constrained multi-criteria dynamic optimization problem, providing an estimation error function and one or more transition error functions to be minimized over a period of time. The factor exposures relay the influence of the factors on the return of the instrument or portfolio. The estimation error function provides the estimation error at each time interval between the return of the asset collection and a sum of products of each factor exposure and its respective factor. Each transition error function provides a transition error of each factor exposure between time intervals. In one embodiment, the constraints can include a budget constraint and non-negativity bounds applying to some or all of the factor exposures. In other embodiments, the method and system can be applied to estimating any time-varying weight that is used in a model, to relay the influence of one or more independent variables on a dependent financial or economic variable, through the solution of a constrained multi-criteria dynamic problem, minimizing estimation error and transition error terms. In other embodiments, the solution of a multi-criteria dynamic problem can be used as part of a method and system to determine structural breakpoints for each factor, and also as part of a method and system for determining optimal parameters to weight the transition error functions and selecting the factors included in the model. | 12-08-2011 |
| 20110307414 | Consensus Investment Analysis/Stock Selection Methodology - A computer system for predicting investment performance trends is disclosed. The computer system has a data organizing module capable of organizing an investment data into at least one list. Furthermore the computer system has a data comparator module that is capable of sorting data into performance categories within at least one said list to arrive at a consistent top set. Further disclosed is a computer-enabled method of arriving at consistent investment performance set having the steps of obtaining an investment pricing list; organizing an investment data into lists; comparing investment assertions within said lists against said pricing list; sorting said investment data by a performance category; determining the best performing investment within said list; and isolating a consistently performing investment combination. | 12-15-2011 |
| 20110307415 | System, Method and Computer Program Product for Measuring Risk Levels in a Stock Market by Providing a Volatility, Skewness and Kurtosis Index - A system, method and computer program product for constructing a volatility index by using at least one processor, the method comprising: obtaining, by at least one computing device having at least one computer processor, a universe of securities; selecting, by the at least one computing device, constituent securities at a given date; computing, by the at least one computing device, constituent returns for said constituent securities; filtering, by the at least one computing device, outliers; applying, by the at least one computing device, weighting comprising computing at least one of a second, third or fourth moment to obtain the index. | 12-15-2011 |
| 20110307416 | Systems and Methods for Offering and Servicing Hedge Funds - A family of hedge funds, serving as “feeder funds” into underlying single-manager hedge funds, formed to provide smaller investors with the ability to allocate and reallocate assets among alternative strategies, and this basic structure combining interrelated systems and methods for offering, redeeming, exchanging, valuing, reporting and servicing the same is a new approach. The system and methods described herein provide investors having less than ultra-high net worth portfolios with access to hedge funds and the potential valuable diversification to an overall portfolio, and the ability to customize their portfolio of hedge funds to their individual needs and adjust such portfolio over time as seen fit in light of changing financial needs and market conditions. This invention gives a wide range of investors access to hedge funds, creating economic value using a new source of stable investor capital for hedge fund managers, a value shared with investors through reduced costs. | 12-15-2011 |
| 20110307417 | System and Method for Trading Options - A system and method of trading option contracts, such as foreign currency option contracts, is described. In one embodiment, a system and method for web-based or network-based interactive trading of currency options is described. Users of the system provide volatility runs of currency options, deal on existing offers to sell or bids to buy, or may improve on existing offers to sell or bids to buy. Option contracts may be priced in units of volatility. Users of the system described include banks of all sizes and traders or dealers employed by banks or other financial institutions. The system and method provide automatic price quotations for a requested option contract by polling internal volatility surfaces of users for prices on the requested contract. Additionally, the system and method ensure a more orderly pattern of trades by categorizing the users into discrete tiers which determine a user's obligations to provide offers and bids to the system and which determine a user's opportunities and rights to trade on the system. Furthermore, a system and method is described for automatically withdrawing quotes for offers to sell or bids to buy option contracts after expiration of a prescribed period of time or prescribed movement in the market underlying the option contract. | 12-15-2011 |
| 20110313944 | ONLINE MARKETPLACE SYSTEM AND METHOD - A computerized online marketplace that facilitates the acquisition of funding and services for the development and operation of an online business. It provides a variety of investment opportunities for investors and facilitates an entrepreneur's acquisition of capital as well as skills and services needed to start an online business. Possible investment channels for potential investors comprise: money; skills; and services. Investors are awarded investment points for monetary and non-monetary investments and are compensated according to their points. Monetary compensation is awarded periodically to investors according to their rank in relation to the respective investor base of a given business entity. Businesses are hosted at the online marketplace and all aspects of investment and operations are managed through the marketplace thereby facilitating interactions between all parties involved in business initiation, development and operation, including customers. | 12-22-2011 |
| 20110313945 | CALL PUT REFERENCED STRUCTURES (CPRS) - Computer implemented methods, systems and computer programs for creating, managing and supporting financial instruments referred to as Call Put Referenced Structures (CPRS) as provided. CPRS units are a derivative of real estate financial options and convey the right to future compensation to the CPRS owner based on CPRS algorithms used to determine the CPRS terms and values over the life of the CPRS rather than the theoretical change in market value of the subject property. The system references associated property price indices, evaluated by the system and selected by the counterparties, based on (a) the probability that the referenced property price indices rise and fall over the term of the CPRS will correlate to the rise and fall of the theoretical market value of the subject property, (b) the secondary market liquidity of the referenced indices and (c) the ability to directly or indirectly trade the referenced indices. | 12-22-2011 |
| 20110313946 | SYSTEMS AND METHODS FOR ADMINISTERING COLLEGE SAVINGS PLANS - According to some embodiments, first data to open an escrow account is received. The first data may include data indicative of (a) the name of a prospective parent of an unborn intended beneficiary of the escrow account, and (b) an amount to be deposited in the escrow account. A message may then be transmitted to indicate that the escrow account has been opened, and the message may include an account identification number of the escrow account. An indication that the intended beneficiary of the escrow account has been born may be received, and, in response to the indication, an instruction to convert the escrow account to a 529 college savings plan to benefit the intended beneficiary may be issued. Some embodiments are associated with a financial planning tool that receives first data indicating an age of a prospective college student along with second data indicating first investment holdings of a user, the first investment holdings not including any 529 college savings plan. Third data, indicating retirement savings objectives of the user, may also be received. Financial planning calculations may then be performed based on the first, second and third data. The financial planning calculations may, for example, generate a contribution recommendation for a 529 college savings plan to benefit the prospective college student. | 12-22-2011 |
| 20110313947 | Financial Practice Management System and Method - There is provided a financial practice management system comprising a database storing client information and cost information; a cost allocation module determines a client servicing value by allocating costs associated with ongoing business activities to the client servicing value and excluding costs associated with new business activities; and an individual client earnings (ICE) ratio module determines a client income value derived from the client's business with the financial advisory business, the ICE ratio module further determines an ICE ratio value for a particular client by dividing the difference between the client income value and the client servicing value with the client income value or the client servicing value, thereby providing a profitability of the particular client. In addition, the invention extends to a method and system to quantify potential new revenue streams which may be generated from products that a client may need during different phases of the client's life. | 12-22-2011 |
| 20110313948 | SYSTEM AND METHOD FOR SEARCHING UNDERLYING HOLDINGS IN INVESTMENT FUNDS - A system and method associated with investment funds provide institutional and individual investors with comprehensive on-line analysis, account management, on-line money market trading capabilities, and ability to search particular holdings in funds associated with the user account or funds available for purchase by a financial institution. The system and method allow investors to log on, check account balances, transfer funds within accounts and from outside accounts, research money market investments, purchase, redeem and exchange shares of money market funds, and search particular holdings in funds owned by the user or available for purchase by the financial institution. | 12-22-2011 |
| 20110313949 | TECHNOLOGY PORTFOLIO HEALTH ASSESSMENT SYSTEM AND METHOD - A system and method for producing infrastructure health assessments enabling enterprises to monitor the health of individual technology portfolios and plan accordingly is disclosed. The tool uses two primary assessments to determine: 1) an infrastructure score based the general health of asset components; and 2) adaptability score based on asset components ability to interact with other elements within the asset. To generate the assessment scores, the tool accepts inventory input specific to a portfolio's assets and components. A user interacting with the tool provides classification information relating to each asset and component. The tool then calculates health assessment scores for both individual portfolio assets and for the portfolio as a whole. | 12-22-2011 |
| 20110320383 | Stock market filters - Seven filters are disclosed for further improving the power of the present RTS software, as well as any real time stock software with filtering capability. The first filter is for quickly searching and disclosing all recent trend box signal(s) (TBS(s)) within a specified time period, for the user, preferably less than 60 minutes prior to the filter processing time. The second filter is for finding and disclosing a trend box (TB) reversal after a user specified number of TB(s) of the same color. The third filter involves a term, NO % D, which expresses net open percent difference, the difference between the net open percent of a stock, NO % (stock), and that of a reference, typically the Standard Poor 500 index, NO % ($SPX). The fourth filter involves a similar term N % D. Both these two filters allow the user the choice to set limits of these terms to filter out groups of stocks suitable for trade entries. With the filters | 12-29-2011 |
| 20110320384 | Stock market filters - Ten filters and two filter downloads are disclosed for further improving the capability of the present RTS software, as well as any real time stock software with filtering capability. The filter A is for filtering a specified list of stocks in order to find out all stocks, each having an up or down trend box signal(s). For each found TBS, a new data line comprising the TBS time, is added to the TBS list/filter sheet. The filter B is an extension of the filter A, by incorporating several alert features to call the attention of the user on the appearance of each TBS. The filter C is for finding stocks, each having a 5 min bar with its closing price higher or lower than the closing prices of last two or three 5 min bars. The filter D is for finding a group of three or four consecutive rising green or falling red 5 min bars. The filter E is for finding a stock having a 5 min bar above or below two or three prior 5 min bars. The filter F is for finding a stock having a 5 min bar representing a bullish or bearish reversal after any number of prior 5 min bars of same color. The filter G is for finding a stock meeting the NO % D criteria for long or short trade. The filter H is for finding a stock meeting the N % D criteria for long or short trade. The filter I allows a list of large number of stocks to be divided evenly into two or more smaller lists to be monitored by two or more persons. Filter J is for finding a sub-list of stocks, each having an assigned 1D TBS in each cycle of the trading day. Filter A Download allows Filter A 1D TBS filtering to be carried out at the Betrader site, and with obtained sub-list of stocks downloaded to each sign-up user at the market close. Filter J Download allows Filter J 1D TBS filtering to be carried out at the Betrader site, and with obtained sub-list of stocks downloaded to each sign-up user every 5 minutes. | 12-29-2011 |
| 20110320385 | FAIR VALUE MODEL BASED SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR VALUING FOREIGN-BASED SECURITIES IN A MUTUAL FUND - A system and method for determining fair value prices of financial securities of international markets includes steps of selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and storing each calculated return factor coefficient in a data file. | 12-29-2011 |
| 20120005117 | SYSTEM AND METHOD FOR BANK ACCOUNT MANAGEMENT AND CURRENCY INVESTMENT - The invention is a device for bank account management, comprising an input device adapted to receive information related to a diversification of an initial fund of a user, and a processor adapted to calculate a distribution of the initial fund comprising one or more selected currencies based upon the diversification information, convert the initial fund from an initial currency into a converted fund comprising one or more selected currencies based upon the calculated distribution, and record the information about the converted fund in a data file for the bank account. | 01-05-2012 |
| 20120005118 | Systems And Methods For Optimizing Capital Structure Of A Financial Institution - In accordance with the teachings described herein, systems and methods are provided for optimizing the capital structure of a financial institution. A system may include an optimization engine stored on a computer readable medium and executable by one or more processors, when executed the optimization engine being configured to: receive information identifying available capital of the financial institution for each of a plurality of capital instruments; receive information classifying each of the plurality of capital instruments within one of a plurality of risk levels; receive an overall target capital value for the plurality of capital instruments; and determine an optimum capital value for each of the plurality of capital instruments, the optimal capital values being determined using an optimization algorithm that relates the available capital for the plurality of capital instruments to the overall target capital value subject to a plurality of constraints, the plurality of constraints relating to the capital held by the financial institution at each of the plurality of risk levels. | 01-05-2012 |
| 20120005119 | Systems and Methods for Determining a United States Average Retirement Age Index - Systems and methods for determining a U.S. average retirement age index, the index including a year and week. The method determines a wealth at death of an average U.S. couple for a first retirement age. If wealth at death is greater than zero, the retirement age is decreased by one and the wealth at death value is recalculated. This process continues until the wealth at death value is less than zero, at which point the year of the retirement age index is determined by adding one to the current year of the retirement age. The week of the retirement age index is determined by: dividing the opposite of a wealth at death value for the year prior to the year of the U.S. average retirement age index by a wealth delta and multiplying the result by fifty-two. | 01-05-2012 |
| 20120005120 | SYSTEM FOR OPERATING INVESTMENT MONEY - Disclosed is a system for operating investment money (IM). The disclosed IM operating system includes a computation module communicating with a client information processor and receiving client setup information input/set by a client, a computation module generating an IM operation simulation data and notifying the generated IM operation simulation data to the client information processor, and a computation module, in response to a client approval data for the IM operation simulation data, transmitting the IM operation simulation data to an IM management server so as to allow the client to be paid the expected cash output at each turn and the expected cash output at the last turn at t each turn and at the last turn, respectively. | 01-05-2012 |
| 20120005121 | SYSTEMS AND METHODS FOR DETERMINING AN AVERAGE RETIREMENT AGE INDEX - Systems and methods for determining an average retirement age index, the index including a year and week. The method determines a wealth at death of an average couple for a first retirement age. If wealth at death is greater than zero, the retirement age is decreased by one and the wealth at death value is recalculated. This process continues until the wealth at death value is less than zero, at which point the year of the retirement age index is determined by adding one to the current year of the retirement age. The week of the retirement age index is determined by: dividing the opposite of a wealth at death value for the year prior to the year of the average retirement age index by a wealth delta and multiplying the result by fifty-two. | 01-05-2012 |
| 20120005122 | REAL ESTATE INVESTMENT METHOD FOR PURCHASING A PLURALITY OF DISTRESSED PROPERTIES FROM A SINGLE INSTITUTION AT FORMULA-DERIVED PRICES - A real estate investing method is disclosed in which aggregated investment capital is used to purchase a plurality of properties from a single lending institution at short-sale prices calculated using a pre-negotiated formula. The lending institution agrees to identify and qualify properties, and accept the short-sale prices, in return for selling a plurality of distressed properties under a single agreement. Owners avoid foreclosure and consequent damage to their credit. Investors aren't burdened by property selection and/or maintenance. In preferred embodiments, owner-occupied homes are purchased, leased back to their occupants, and eventually resold to the occupants if their finances recover. Repurchase credit incentives can be offered to occupants, providing limited participation in property appreciation and motivating occupants to maintain the properties and strive to repurchase them. During leases, landlord services are provided under contract by local service providers and/or regional warranty providers. A central support group can provide centralized tenant support. | 01-05-2012 |
| 20120011080 | Core/satellite financial portfolio design methodology, system and computer readable medium - Investment choices are each within a respective asset class of a defined set of asset classes. Investment choices of a first set of the investment choices (e.g., core investment choices) are within a particular asset class and have a performance factor value that is constrained by a performance factor value range defined by a filter structure. Investment choices of a second set of the investment choices (e.g., satellite investment choices) are within the particular asset class and have a performance factor value that may or may not be constrained by the performance factor value range of the first set, but may have a separate and distinct filter structure. The filter structure specifies unique characteristics desired of a set of investment choices, including a relationship between a benchmark performance factor value and a parameter used for determining the performance factor value range. The performance factor value of each investment choice and the performance factor value of the benchmark investment choice correspond to a common performance factor. A comparative assessment of each investment choice set is performed using a comparative assessment value for each one of the investment choices within each set of investment choices. | 01-12-2012 |
| 20120011081 | SYSTEM AND METHOD FOR COMPUTER IMPLEMENTED COLLATERAL MANAGEMENT - A computer-implemented method for managing collateral risk associated with financial instrument trading and a data processing system includes a processor and memory/database configured to store user-definable rulesets relating to a desired trade. A search module identifies and stores accounts that could accept potentially eligible security positions based upon user-selectable search criteria, and identifies potentially eligible security positions for consideration as collateral for the trade. A user configurable collateral analysis module determines eligibility of security positions as collateral for the trade by applying one or more user-definable rulesets in an algorithm that operates in a processor to determine collateral position eligibility of security positions for the trade by testing eligibility along one or more logical paths defined by user-definable rulesets. The processor outputs either a collateral eligibility or ineligibility indication via a user interface for various security positions based upon the collateral position eligibility analysis, including all reasons for ineligibility. | 01-12-2012 |
| 20120016807 | SYSTEM AND METHOD FOR DYNAMIC PERSONALIZED FINANCIAL ILLUSTRATIONS - A personalized financial illustration system includes a computer or data processing device, which is configured to implement a method for generating personalized financial illustrations based on summary prospectus format or chassis, incorporating a potential investor's selections of variables defining investment goals, constraints, and an investment plan. | 01-19-2012 |
| 20120016808 | Business Review and Volume Optimizer (BRAVO) - An optimization engine is provided to determine, through price optimization modeling, an optimal combination of price and volume for various products and services of an organization while also considering numerous factors internal and external to the organization. The price optimization modeling provided by the optimization engine may, among other things, be used by the organization to determine the optimal set of pricing recommendations that will provide the organization with the highest total contribution margin (total revenue less total variable cost). The optimization engine may consider various data inputs and analytics that allow an organization to develop a more effective and disciplined price-decisioning process. | 01-19-2012 |
| 20120016809 | SYSTEMS AND METHODS FOR INVESTOR-DRIVEN CREATIVE PRODUCTION - A system for investor-driven creative production, in one example embodiment, comprises a receiving module to receive metadata associated with the creative production. The metadata can be received from a creative content provider via a creative content interface and include a description of the creative production and an investment goal. The system can further include a posting module to post the metadata to the creative content interface and the receiving module to receive an investment in the creative production from an investor via the creative content interface. The system can further include an investment processing module to determine that the investment goal is reached and a production initiation module to selectively commence the creative production based on the determination that the investment goal is reached. | 01-19-2012 |
| 20120016810 | Method and system for simulating implied volatility surface for basket option pricing - A method and system for simulating changes in volatility for a price of a particular option on an underlying financial instrument is disclosed. A volatility surface model having at least one surface parameter is provided along with a set of volatilities for a plurality of options on the underlying financial instrument. The set of volatilities is analyzed to determine an initial value for each surface parameter which, when used in the surface model, defines a surface approximating the set of volatilities. The values of the surface parameters are then evolved using an appropriate evolution function. A volatility value for a particular option is extracted from the volatility surface defined by the evolved surface parameter values. The extracted volatility value can then be used in an option pricing model to provide a price of the particular option. The volatility of a basket options valued relative to the performance of multiple components can be simulated by determining the value of surface parameters for options on the component securities and then combining the component surface parameters to determine surface parameters for a volatility surface of the basket. | 01-19-2012 |
| 20120016811 | LONG-TERM INVESTING - The present invention is a method, system and investment product for allocating or structuring investment assets (such as marketable securities, bonds, mortgages, or other property interests, options or derivatives). The system, method or product enables selecting or grouping a number of individual financial instruments together into a portfolio (e.g., a fund or trust) and assigning weight coefficients to the selected financial instruments based upon a predetermined scale. After assigning the weight coefficients, the system or method purchases the selected instruments based on the allocated total purchase for each instrument (i.e., the total price of each instrument reflects is the price per unit×number of units, which correspond the predetermined weight coefficient). Then, the purchased individual financial instruments are allowed to fluctuate and perform for a predetermined time period (i.e., a number of years and months) without any further significant adjustments to the initial portfolio. | 01-19-2012 |
| 20120016812 | SYSTEM AND METHOD FOR PROCESSING DATA RELATING TO ALLOCATION OF ASSETS - A distributed asset allocation processing system performs a computerized method for allocating subscriber assets. The system configures predetermined investment allocation paths that relate asset allocation models to trigger events. The system then selects a predetermined path based on a subscriber's risk tolerance. At each trigger event along the predetermined path, the system automatically rebalances the subscriber's assets according to an asset allocation model corresponding to the trigger event. | 01-19-2012 |
| 20120023035 | SYSTEM, METHOD, AND PROGRAM PRODUCT FOR MANAGING A COLLECTIVE INVESTMENT VEHICLE INCLUDING A TRUE-UP OPERATION - A method, system and program product for managing redemptions for a collective investment vehicle, the method comprising: performing a creation event; calculating and disseminating automatically an intraday indicative value (IIV); performing a redemption event, comprising: receiving, a request to redeem shares of the collective investment vehicle for a given MP, with the request to redeem shares comprising a number of shares to redeem or a value-specifying parameter; communicating before a strike time an identification of first set of one or more assets to distribute including a number of each one of the assets, to a market participant representative (MP representative), acting on behalf of the given MP for which the collective investment vehicle shares were received, which MP representative is governed by an agreement imposing a restriction on liquidation and disclosure of the first set of assets; calculating, a redemption true-up monetary amount, based on a monetary value at the strike time of the first set of one or more assets and either the monetary value as of the strike time of the number of shares requested to be redeemed, or the monetary value as of the strike time comprising a number of shares approximated by the value-specifying parameter, to obtain the redemption true-up monetary amount; and sending, an electronic message to cause a transfer of all or a portion of the first set of assets directly or indirectly to an electronic account of the MP representative. | 01-26-2012 |
| 20120023036 | METHODS AND SYSTEMS REGARDING VOLATILITY RISK PREMIUM INDEX - An exemplary aspect comprises receiving data related to an underlying asset; calculating values corresponding to near-term implied volatility and realized volatility for the underlying asset; and transmitting data sufficient to describe an index based on a difference between the values corresponding to the near-term implied volatility and the realized volatility for the underlying asset. Another exemplary aspect comprises receiving electronic data related to an underlying asset; calculating data sufficient to describe a plurality of call options and a plurality of put options related to the underlying asset and written on a first settlement date; crediting an account with proceeds from selling the call and put options; and debiting the account to settle one or more of the options that are in-the-money on a second settlement date. Other aspects are apparent from the description and claims. | 01-26-2012 |
| 20120023037 | SYSTEMS AND METHODS FOR FACILITATING AGGREGATION OF SOCIAL CREDITS - Various embodiments are directed to systems and methods for facilitating the aggregation of carbon reduction credits resulting from finance loans financing the purchase of energy technology. For example, a credit aggregator may receive from a finance institution estimate parameters describing a loan type. The credit aggregator may calculate a value of a carbon reduction credit associated with each loan of the loan type considering the estimate parameters and display the value to the finance institution. In addition, the credit aggregator may receive bid data and booking data from the finance institution. When a credit is booked, the credit aggregator may receive from the finance institution periodic indications of a status of the intervention technology. | 01-26-2012 |
| 20120023038 | SYSTEM AND METHOD FOR DYNAMIC PATH- AND STATE-DEPENDENT STOCHASTIC CONTROL ALLOCATION - The invention includes a system and process that employs contractual bargaining with agent-based computational methods for the dynamic allocation, optimization, and pricing of contingent rights and obligations between multiple counterparties with overlapping interests. The processes employ a dynamic and endogenous hierarchy or tiering of binding incentive compatible contingent strategies, which may include optimal liquidation policies for matched assets and liabilities based upon stochastic volume/price schedule related to statistically non-stationary supply/demand elasticities and order-flow, as well as variations in market microstructure. The invention includes a dynamic open system with distributed stochastic control of strategic interactions among dynamic optimizing agents across random states, wherein the actions of any one affects the joint costs and benefits for all the agents. | 01-26-2012 |
| 20120030136 | SYSTEM AND METHOD FOR DETERMINING COMPLIANCE WITH FEDERAL SECURITIES AND TAX LAWS FOR AN ISSUED SECURITY - A computer operating system runs a computer, and executes a computerized method that includes eliciting and receiving an input to identify a selected investment, as well as an initial offering price for the investment. The operating system also finds and receives information related to trades of the identified investment after the initial offering and compares transactional information related to the trade after the initial offering to transactional information from the initial offering. The operating system generates a message when the transactional information related to the trade after the initial offering is outside a selected range from the transactional information from the initial offering. Also disclosed is a computerized method that accomplishes the method of the operating system and a computer readable media that includes a set of instructions for accomplishing the method. | 02-02-2012 |
| 20120030137 | METHOD AND DEVICE FOR VALUATION OF A TRADED COMMODITY - A method and device for valuation of a traded commodity | 02-02-2012 |
| 20120030138 | COMPOUND REDEMPTION PROCESSOR FOR A SINGLE ISSUER - The present invention provides methods and apparatus for one or more of: creating, issuing and redeeming Compound Redeemable Instruments for a Single Issuer. Apparatus can include a computerized system with executable software that is executable upon demand to process Redemption Instances, as well as, create and issue Compound Redeemable Instruments for a Single Issuer. | 02-02-2012 |
| 20120030139 | FINANCIAL EDUCATION PLANNER AND METHOD OF USE THEREOF - A financial educational planner is disclosed for imparting basic lessons on financial management and, over mid to long term, to develop the savings habit. The planner allows a user to watch how the money is earned, spent and saved, and how the money saved grows due to interest, bonus and investments. Most importantly, the planner is used to guide the user to manage and plan the money to afford the desired items or life-style in the future. The planner comprises an expense account worksheet ( | 02-02-2012 |
| 20120030140 | GENERATING DYNAMIC DATE SETS THAT REPRESENT MARKET CONDITIONS - In one embodiment, first input that specifies a market instrument is received. Second input that specifies one or more parameters for one or more date set computers associated with the market instrument is received. A first time series is received from a data repository, where the first time series is a sequence of data values associated with the market instrument. A set of time periods is extracted by applying the one or more date set computers based on the one or more parameters and the first time series. The set of time periods is displayed overlaid on a graphical representation of the first time series in a graphical user interface. | 02-02-2012 |
| 20120030141 | SYSTEM AND METHOD FOR IN-KIND REBALANCING OF TRANSACTIONS - A system and method are described for an investor, such as a fund of funds, to advantageously perform portfolio rebalancing in a totally in-kind or combination in-kind/cash transaction that will at least minimize the transaction costs associated with rebalancing. | 02-02-2012 |
| 20120036086 | SYSTEM AND METHOD FOR MANAGEMENT OF INVESTMENT FUNDS - A computer system for determining investment fund holdings of a fund of funds accesses data relating to holdings of investment funds over time and investment rules of the funds of funds. The computer system analyzes the holdings of the investment funds over time to obtain investment performance data of the investment funds by asset class and volatility data. Using the investment performance data of the investment funds by asset class, the volatility data, and investment rules of the fund of funds, the computer system determines a selection of investment funds for holdings of the fund of funds. | 02-09-2012 |
| 20120036087 | AUTOMATIC INCOME ADJUSTMENT - A method includes receiving market data associated with an investment product that specifies a first guaranteed annual withdrawal amount and a second guaranteed annual withdrawal amount, where the first guaranteed annual withdrawal amount is greater than the second guaranteed annual withdrawal amount. The method includes automatically selecting a guaranteed annual withdrawal amount from the first guaranteed annual withdrawal amount and the second guaranteed annual withdrawal amount based on at least an evaluation of the market data. | 02-09-2012 |
| 20120041890 | SYSTEMS AND METHODS FOR ENABLING CONTRIBUTORS TO CREATE AND SHARE FINANCIAL ANALYSIS - A system for enabling contributors to create and share financial analysis, the system includes a server configured to receive financial analysis contributions from contributors, the financial analysis contributions from each contributor including at least a prediction of a future price for a security; the server including a database configured to store the financial analysis contributions from contributors; the server being configured to receive ratings of at least one of contributors and financial analysis contributions; and the server being configured to make security price predictions based on contributions from multiple contributors, after making adjustments taking ratings into account. Other systems, methods, and computer readable media are disclosed. | 02-16-2012 |
| 20120041891 | APPARATUSES, METHODS AND SYSTEMS FOR A VOLATILITY EXPIRATION INDEX PLATFORM - The APPARATUSES, METHODS AND SYSTEMS FOR A VOLATILITY EXPIRATION INDEX PLATFORM (“VEIP”) transforms user and market data inputs via VEIP components into Vol Ex Index publication and Vol Ex Index instrument communications outputs. A current reference security price may be determined for a reference security. A plurality of option strike prices may be derived from the current reference security price. Implied volatility and delta may be determined for options associated with each derived option strike price and used to calculate a delta-weighted implied volatility for each derived option strike price. A weighting for each derived option strike price may be determined and used along with the delta-weighted implied volatilities to calculate a volatility expiration index value for the reference security. Using the volatility expiration index value, a volatility expiration index financial instrument may be generated and introduced into a financial instrument exchange market. | 02-16-2012 |
| 20120041892 | OPTION PRICING MODEL FOR EVENT DRIVEN CALL AND PUT OPTIONS - Systems and methods are provided for valuing event driven option contracts. A jump diffusion based model, such as a Merton jump diffusion based model, is modified to assume arithmetic movement of an underlying price and a single jump. The arithmetic movement of the underlying price may be modeled with a Bachelier based arithmetic model. Calculated values may be used to determine margin account requirements. | 02-16-2012 |
| 20120041893 | System and Method for Using Diversification Spreading for Risk Offset - A computer-implemented method for analyzing a risk offset associated with a portfolio including a plurality of products traded on an exchange is disclosed. The method includes comparing a first market response of a first product in the portfolio with a second market response of a second product in the portfolio where the first and second market responses result from a change in market data, calculating an offsetting effect between the first market response and the second market response where the first and second market responses are substantially different responses to the same change in the market data, determining a diversification spread based on the offsetting effect derived between the first product and the second product, calculating a diversification spread credit based on the determined diversification spread, and adjusting a margin requirement for the portfolio based on the diversification spread credit. | 02-16-2012 |
| 20120041894 | REQUESTS FOR QUOTES FROM INDIRECT CREDIT LINES - Systems and methods for processing requests for quotes (RFQs) are disclosed. A computer may receive a request for quote from a first trading entity. The computer system may then obtain quotes responsive to the RFQ. The obtained quotes include a quote from a second trading entity that has an indirect credit relationship to the first trading entity. The computer system then provides at least one of the obtained quotes to the first trading entity. The request for quote may be for a spot trade of a foreign exchange item, for example. | 02-16-2012 |
| 20120041895 | DEVICE, SYSTEM, AND METHOD OF AUTOMATIC FINANCIAL-INSTRUMENT MANAGEMENT - Devices, systems, and methods of automatic Financial-Instrument (FI) management. In some embodiments, a system includes, a memory having stored thereon financial-instrument-based (FI-based) management instructions; and a processor to execute the FI-based management instructions resulting in a FI-based management application, wherein the FI-based management application may receive portfolio data corresponding to a plurality of financial-instrument portfolios associated with a plurality of clients, wherein the FI-based management application may automatically identify one or more portfolios of the plurality of portfolios satisfying at least one criterion, wherein, for each identified portfolio, the FI-based management application may receive client-specific management data corresponding to a client associated with the identified portfolio, wherein the client-specific management data includes at least client-specific destination information defining at least one destination, and wherein, for each identified portfolio, the FI-based management application may automatically communicate portfolio-related data corresponding to the identified portfolio to the destination defined by the management data. | 02-16-2012 |
| 20120041896 | Order Risk Management for Financial Product Processing - Systems and methods are provided for processing derivative product orders at an exchange. Traders provide derivative product order risk data to the exchange. The order risk data may include maximum delta, gamma and/or vega utilization values for derivative product contracts based on the same underlying product. Before executing a trade, a match system analyzes the trader's current utilization state and the utilization that would result after the trade. The match system may then execute all or a portion of the trade. | 02-16-2012 |
| 20120041897 | Market Indicator Process and Method - A market indicator process, residing on a server, predicts an opening index price of a security index including at least two discrete securities. A trade monitoring process monitors at least a portion of the trading of the discrete securities that occur outside of a regular trading session. A closing price variation calculation process, responsive to the trade monitoring process, calculates the predicated opening index price of the security index for the beginning of the next regular trading session with respect to a closing index price of the security index at the end of the previous regular trading session. The index prices are indicative of the cumulative value of the discrete securities. | 02-16-2012 |
| 20120041898 | SYSTEM AND METHOD FOR DETERMINING THE MARKET RISK MARGIN REQUIREMENTS ASSOCIATED WITH A CREDIT DEFAULT SWAP - A system and computer-implemented method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The system and method implement steps and procedures for determining a time-series of returns for the plurality of financial instruments within the portfolio, calculating residuals and volatilities for the plurality of financial instruments within the portfolio as a function of the determined the time-series of returns, applying a student-t copula to a standardized version of the calculated residuals to determine a correlation matrix and degrees-of-freedom in order to simulate standardized residuals for each of the plurality of financial instruments within the portfolio, generating simulated returns as a function of the simulated standardized residuals and the returns, generating a spread distribution for the portfolio, wherein the portfolio is repriced as a function of the simulated returns, and calculating a margin risk based on a risk percentile associated with the spread distribution. | 02-16-2012 |
| 20120047089 | Methods and Computer Software Applications for Selecting Securities for An Investment Portfolio - Provided are methods and computer software applications for generating a stock portfolio, and/or enhanced stock index, through using a plurality of growth factors and a plurality of value factors to rank stocks, and for constructing investment vehicles based on the stock portfolio. The method, software application, or computer apparatus of the present technology employs a novel stock selection strategy to select stocks from a pre-selected universe of securities such as a commercially available stock market index in order to create a stock portfolio, and/or enhanced stock index, and a fund based thereon that can generate positive alpha as compared to a fund based on the pre-selected universe of securities. | 02-23-2012 |
| 20120047090 | Electronic Information And Analysis System - An automated information and analysis system and methods, including methods to acquire information, which may include financial market data such as rates or prices, from one or more external sources, and to process, enhance, extend or otherwise develop that information to derive additional, different, modified or otherwise developed information which, separately or together with the original acquired information, provides to users additional, different or modified utility relative to the utility that the original acquired information provides alone. | 02-23-2012 |
| 20120047091 | SYSTEM AND METHOD FOR ASYMMETRIC OFFSETS IN A RISK MANAGEMENT SYSTEM - A system and method for using asymmetrical offsets for products in a risk management analysis system are disclosed. Conventional systems assign symmetrical offsets for products, that is, if two products have an 80% correlation they each would be assigned an offset of 80% with respect to each other. However, it is desirable to allow for asymmetrical offsets. In the disclosed system and method, when two products have a correlation of 80%, one may be assigned an offset of 75% and the other may be assigned an offset of 80%. There are many reasons to vary the offset between the products. The varying offset may reflect an asymmetry in the risk in one of the products, such as being traded in an illiquid market or in a less desirable venue. The varying offset may correct for an imbalance in spread credits due to special charges from intra spreading. | 02-23-2012 |
| 20120059770 | System and Method for Optimizing a Target Date Fund - A method, article of manufacture, and computer program product are presented for generating a glide path for a target date fund comprising a growth asset and a reserve asset, where the glide path is a distribution of the growth asset and reserve asset over a time period ending on an end date. The method includes identifying an acceptable risk level for the target date fund and determining, using the identified acceptable risk level, an inflection date. The method further includes calculating a value G(i) that is equal to a percentage of the target date fund comprising the growth asset at the inflection date and calculating a value R(i) that is equal to a percentage of the target date fund comprising the reserve asset at the inflection date. Finally, the method includes determining, using G(i) and R(i), the glide path for the target date fund, where at the end date the reserve asset comprises one hundred percent of the target date fund. | 03-08-2012 |
| 20120059771 | FINANCIAL METHODOLOGY TO VALUATE AND PREDICT THE NEWS IMPACT OF MAJOR EVENTS ON FINANCIAL INSTRUMENTS - According to some embodiments, an event having an association with a financial instrument may be identified. The event may then be classified into at least one of a plurality of predefined event classes, each predefined event class being associated with a set of similar events. Media data associated with media coverage of the event may be retrieved and data elements may be extracted from the media data, wherein the data elements include at least one quantified communication parameter including at least one of a short term media coverage volume, a publication weight, a tonal balance, and an impact of available photographs. A prediction of the upcoming media coverage of the event may be generated, including a predicted volume and tonality of the upcoming media coverage, wherein said prediction is generated using a modeling computer system, a numerical model, said extracted data elements, and information about said predefined event class. | 03-08-2012 |
| 20120059772 | SYSTEM AND METHOD FOR HYBRID SPREADING FOR RISK MANAGEMENT - A risk management system and method is disclosed utilizing a flexible and configurable set of spreading techniques which may be incorporated into existing risk management software to enhance functionality, flexibility and accuracy. Multiple different types of spreading are combined allowing for a more accurate risk assessment. For example, a subset of derivative products held by a futures trader are first analyzed using a scanning based spreading methodology. Typically, futures products in the same product class (e.g. equity or agriculture futures) would be analyzed together thereby. Then an average delta would be calculated for that subset. Using that delta, that subset would then be analyzed in relation to the remaining derivative products (not in the subset) using a delta based spreading methodology. The delta for the subset could be computed in many ways including scaling the deltas for each product, tying the delta to a fixed time period or other methods. | 03-08-2012 |
| 20120066148 | Techniques for Producing Relative Performance Based Indexes with Corresponding Tradable Financial Products - Techniques are described for constructing benchmark-adjusted relative performance indexes that reflect total performance, of a traded, target security relative to a benchmark instrument. Also described are derivative instruments such as exchange-traded futures and options that allow investors to take precise hedging or speculation positions on target security relative to the benchmark instrument. | 03-15-2012 |
| 20120066149 | System and Method for Offering Intraday Wagering in a Financial Market Environment - A method for providing a wager in a financial market environment is provided that includes presenting an opportunity to make a wager that is based on a moving market line associated with a financial market. An end user is given an opportunity to bet on whether a financial market value will be above or below the moving market line at a designated time. The wager may be accepted from the end user. The wager may be monitored in order to determine whether the financial market value was above or below the moving market line at the designated time. | 03-15-2012 |
| 20120066150 | Method and System for Creating and Trading Derivative Investment Instruments Based on an Index of Investment Management Companies - A method and system for creating a stock index for a group of investment management companies is disclosed. The method may include obtaining first trade information for each security representative of the group of investment management companies during a first time period, aggregating the first trade information for a predetermined time period, storing the aggregated first trade information, calculating from the aggregated first trade information an index for the group of investment management companies, determining a standardized measure of the index based on the aggregated first trade information obtained in the first time period, and periodically recalculating the index based on second trade information for each security representative of the group of investment management companies during a second time period. | 03-15-2012 |
| 20120066151 | Factor Risk Model Based System, Method, And Computer Program Product For Generating Risk Forecasts - A computerized method for generating risk forecasts is provided. A set of securities is selected. A set of risk factors is selected. The risk factor returns a determined. A risk factor covariance matrix and an idiosyncratic variance matrix are constructed. For each risk factor, a factor loading coefficient is determined for each selected security. The risk factor covariance matrix is projected into a future forecast. The idiosyncratic variance matrix is projected into a future forecast. The factor loading coefficients, the future forecast of the risk factor covariance matrix, and the future forecast of the idiosyncratic variance matrix can be used to determine a forecast of the variance-covariance matrix for the selected securities. | 03-15-2012 |
| 20120072368 | PROCESSING FINANCIAL MARKET DATA STREAMS - Method and apparatus for interfacing middleware applications with a financial market snapshot feed. Financial market data are retrieved from the snapshot feed and the retrieved data are stored in transactions. Prior to transmitting the financial market data to the middleware, the transactions are processed in order to determine value/added information. For example, errors in the financial market data may be determined or additional financial data may be calculated. | 03-22-2012 |
| 20120072369 | System and Method for Generating Cross-Sectional Volatility Index - A computer implemented system and method for generating a cross-sectional volatility index includes identifying a population of assets having predetermined characteristics to form an index, and capturing market capitalization data for each of the assets in the index. Each asset in the index is weighted according to its market capitalization, and returns are captured for each asset over a predetermined period. The weightings and the returns for each asset are used to calculate the weighted return dispersion for the index over the predetermined period, to form an XSV Index, in which the XSV Index is a measure of discrepancy in volatility among the assets in the index during the period. | 03-22-2012 |
| 20120072370 | Financial instrument - In accordance with the principles of the present invention, a financial instrument and method is provided. At least two open-ended funds having settlement prices are identified. An index value is created relating to the settlement prices of the at least two open-ended funds. A weighting factor is assigned to the at least two open-ended funds. A components value is determined based on the settlement price and weighting factor. A fund manager futures index is derived based on the component values. A financial instrument is based on the fund manager index. In an additional embodiment, an exchange-traded fund is offered whose value substantially tracks the fund manager index value. | 03-22-2012 |
| 20120072371 | SYSTEM AND METHOD FOR IMBEDDING A DEFINED BENEFIT IN A DEFINED CONTRIBUTION PLAN - A system and method comprises a defined contribution module for periodically receiving contributions and for accumulating value over a period of time by investing at least one of the contributions, the accumulated value being capable of: (1) being withdrawn at any time and reinvested, and (2) being paid out after a predetermined period of time; and wherein select investment options comprises investment products and at least one designated defined benefit investment option module for: (1) receiving at least one investment payment from the defined contribution module, the investment payment comprising at least one of the contributions and/or the accumulated value, (2) for paying out a guaranteed minimum income payment for life, after the predetermined period of time, based on a retirement income formula, and (3) increasing the income payment for life for excess performance over the formula. | 03-22-2012 |
| 20120072372 | Methods, Systems and Computer Program Products for Providing Low Risk Portable Alpha Investment Instruments - Provided are methods of providing a portable alpha investment instrument. Some embodiments of such methods include allocating a first portion of a financial asset to a first asset class, allocating a second portion of the financial asset to a second asset class, establishing a swap transaction corresponding to the first portion of the financial asset, the swap transaction configured to define a minimum term corresponding to an asset status change, and transferring the first portion and the second portion of the financial asset responsive to the allocating. | 03-22-2012 |
| 20120072373 | System and Method of Margining Fixed Payoff Products - A system and method is disclosed for determining performance bonds for fixed payoff products, i.e. contracts which payoff a fixed amount based on the outcome of an underlying event regardless of the value thereof. The worst outcome of the overall portfolio, which may contain more multiple instruments, is calculated, allowing the portfolio to have both long and short positions on the same underlying event and offsets among instruments within the portfolio. A universe of outcomes is constructed including single events with single outcomes, and the probability thereof, and single events with multiple outcomes, each with a probability thereof. Each outcome has an associated price and probability. Low probability events will have low values, resulting in a lower margin requirement. The margin requirement is then the amount of the maximum loss that the portfolio can sustain for any possible outcome of the underlying event, adjusted for the probability thereof. | 03-22-2012 |
| 20120078810 | System and method to analyze current mutual funds and exchange traded funds for individuals and then provide automated potentially suitable trade suggestions by using website-databases cross-referencing and the internet - A system and method to analyze current mutual funds and exchange traded funds for individuals and then provide them automated suitable trade suggestions by using website-databases cross-referencing and the internet by recognizing and categorizing their current fund holdings and selecting a better replacement fund available on the current retail financial market, but only if it is potentially suitable and available to the investor. | 03-29-2012 |
| 20120078811 | REGIME-BASED ASSET ALLOCATION VIA ADAPTIVE RISK PREMIUM - A method for identifying a regime-based asset allocation via an adaptive risk premium (ARP) involves receiving a financial data; receiving financial parameters; generating an ARP; determining risk regimes; calculating an expected return and a covariance matrix of assets; calculating a number of calculated weights for each risk regime; determining a current risk regime; determining a number of asset weights of a current portfolio; adjusting the asset weights of the current portfolio to match the calculated weights for the current risk regime; calculating a momentum, volatility, and a correlation (MVC) for each of the asset classes of the current portfolio; ranking each asset class of the current portfolio; adjusting the first adjusted asset weights of the current portfolio; determining one of the second adjusted asset weights for the current portfolio; and generating an investment portfolio based on one of the second adjusted asset weights for the current portfolio. | 03-29-2012 |
| 20120078812 | System and method to analyze current portfolio holdings for individuals and then provide automated potentially suitable trade suggestions by using database cross-referencing, websites and internet - A system and method to analyze an individual's current portfolio of mutual funds, exchange traded funds, stocks and bonds by cross-referencing the holdings with open and proprietary databases and then to provide automated potentially suitable trade suggestions through website and the internet by categorizing and evaluating current holdings and selecting better replacement holdings available currently through retail financial markets with an emphasis on asset allocation theory, but only if the recommendation is potentially suitable and available to the investor. | 03-29-2012 |
| 20120078813 | SYSTEMS AND METHODS FOR CUSTOMER VALUE OPTIMIZATION INVOLVING RELATIONSHIP OPTIMIZATION - Systems and methods can provide for customer value optimization. The customer value optimization can include analyzing certain transaction and/or non-transaction data of customers with one or more predictive models to determine predictive modeling scores, values, or indicators. These one or more predictive modeling scores, values, or indicators can be used with other transaction or non-transaction data of customers, either alone or with other derived values/calculations, to provide certain optimizations relating to relationship optimization. | 03-29-2012 |
| 20120078814 | SYSTEM AND METHOD FOR FORECASTING REALIZED VOLATILITY VIA WAVELETS AND NON-LINEAR DYNAMICS - The system and method described herein may be used to forecast realized volatility via wavelets and non-linear dynamics. In particular, a volatility time series that includes daily volatility values associated with a security may be decomposed into wavelets via multi-resolution analysis and dynamical properties associated with the individual wavelets may be analyzed to identify deterministic and non-deterministic wavelets and produce a volatility forecast derived from a fit computed on the deterministic wavelets. For example, the wavelets may be analyzed to discover time delay, Theiler, and embedding dimension values associated therewith, which may be used to project volatility values associated with each wavelet. The projected volatility values associated with each wavelet may then be summed to produce a volatility forecast associated with the security. | 03-29-2012 |
| 20120078815 | SYSTEM AND METHOD FOR CREDIT ENHANCING A DEBT ISSUANCE AND CREATING A PRESENT VALUE INVESTABLE ARBITRAGE - The debt issuance of a company are credit enhanced via an investment platform wherein the company's issuances and investments are both subject to a master netting agreement between common counterparties, thereby creating a fully hedged transaction with an investible present value monetization of the future income stream for purposes of reinvesting. The Investment Platform comprises a proprietary Cross Settlement, Credit Enhancement, Risk-Mitigation and Netting System that has a hedged investment structure that automatically qualifies for credit enhancement wherein non-investment grade debt issuances can be transformed into investment grade debt issuances. The Investment Platform is powered by a proprietary investment algorithm and make-whole algorithm that matches movements in a selected benchmark rate or indices. It provides a matched supply of capital to reinvest as the core of the structure recycles the investment capital by a method of monetizing the future income stream, while simultaneously matching and hedging the investment. | 03-29-2012 |
| 20120078816 | COMPUTER SYSTEM FOR PROCESSING DATA RELATED TO RISKS ASSOCIATED WITH FINANCIAL INSTRUMENTS - The present invention provides a method and system for re-allocating financial risks. The system includes computer modules for assessing the behavior of a financial product by a financial institution, modeling the risks associated with providing the financial product by the financial institution, assessing the market risks associated with providing the financial product by a derivative counterparty and assuming, by the derivative counterparty, market risks associated with providing the financial product. | 03-29-2012 |
| 20120084228 | SYSTEM AND METHOD FOR PROCESSING PARTIALLY UNSTRUCTURED DATA - A system and method for processing partially unstructured data relating to a financial security. The system and method resolve first- and second-identifying data from the partially unstructured data and determine whether a security is defined by the first-identifying data and the second-identifying data. Additionally, the system and method resolve trade information relating to the security identifier from the partially unstructured data. If a security is defined by the resolved identifying data, a security identifier representing the defined security, along with the trade information relating to the defined security, are output. | 04-05-2012 |
| 20120084229 | Computerized method for generating and maintaining a leveraged or reverse exchange traded product - A computer implemented method for maintaining a leveraged or reverse exchange traded product is provided which includes electronically monitoring, with a computer, a change in value of a product sold on an exchange, ECN, or ATS; and calculating, with a computer, a leverage ratio, wherein the leverage ratio is dg(r)/dr=c(1+r) | 04-05-2012 |
| 20120084230 | USING COMMERCIAL SHARE OF WALLET TO RATE INVESTMENTS - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 04-05-2012 |
| 20120089535 | FINANCIAL PLANNING METHODS AND APPARATUS - A financial planning solution for consumers includes online software for consumers that may provide a comprehensive financial plan, including features such as planning for budgets, home insurance, auto insurance, life insurance, long term disability, short term disability, umbrella insurance, asset allocation, financial goals, estates, education, pre-retirement, in-retirement, risk profile, emergency fund/liquidity, net worth, stock option, unemployment, and the like. | 04-12-2012 |
| 20120089536 | Systems and methods to allocate relevancy of global asset peers - The present invention provides apparatus and methods to facilitate allocation of find assets amongst asset classes including: equity inverse assets, precious metal assets, commodities and hard assets, international equity, international fixed income, domestic fixed income and domestic equity. | 04-12-2012 |
| 20120095936 | Electronic Centralized Margin Management System - An electronic, centralized margin management system and method are disclosed herein. The margin management system for method managing communications among authorized users representing counterparties to various margin agreements comprises a central computerized communications system configured and arranged so as to receive, store and forward communications from and to any of the authorized users over a wide area network, and to define the access rights accorded each authorized user with respect to each margin agreement to which the party represented by the authorized user is a party, wherein the access rights for each margin agreement are predefined by an administrator of the party represented by the authorized user. | 04-19-2012 |
| 20120095937 | ANNUITIES APPARATUS AND ASSOCIATED METHODS - There are described methods for determining a user bonus payment amount, which may be associated with an annuity fund. Such a user bonus payment amount can be accumulated with a user basic payment amount to provide a user annuity payment associated with the annuity fund. In some examples, this is achieved by determining a performance parameter from fund data associated with the performance of an annuity fund, and comparing the determined performance parameter with a user-threshold parameter, where user bonus payment amount is based on the comparison of the performance parameter and the user-threshold parameter. There is also described associated apparatus comprising a comparator configured to receive fund data and an accumulator configured to determine a user bonus payment amount. | 04-19-2012 |
| 20120095938 | SYSTEM AND METHOD FOR MULTI-FACTOR MODELING, ANALYSIS AND MARGINING OF CREDIT DEFAULT SWAPS FOR RISK OFFSET - A system and method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The system and method include receiving a plurality of data associated with the plurality of financial instruments within the portfolio, determining a systematic risk margin based on at least a portion of the received plurality of data, determining a curve risk margin based on at least a second portion of the received plurality of data, determining a convergence and divergence risk margin based on at least a third portion of the received plurality of data, determining a sector risk margin based on at least a fourth portion of the received plurality of data, determining an idiosyncratic risk margin based on at least a fifth portion of the received plurality of data, determining a liquidity risk margin based on at least a sixth portion of the received plurality of data, determining a basis risk margin based on at least a seventh portion of the received plurality of data, and calculating a multi-factor risk margin based on one more of the determined risk factors. | 04-19-2012 |
| 20120095939 | SYSTEM AND METHOD FOR DETERMINING THE LIQUIDITY OF A CREDIT - The present invention relates to a credit index, a system and method for structuring a credit index, a system and method for operating a credit index, and a system and method for determining the liquidity of a credit. | 04-19-2012 |
| 20120101957 | PROSPECTIVE CURRENCY UNITS - Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union. | 04-26-2012 |
| 20120101958 | BREAKOUT INDEXES - Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union. | 04-26-2012 |
| 20120101959 | EXCHANGE TRADING OF MUTUAL FUNDS OR OTHER PORTFOLIO BASKET PRODUCTS - A system for determining a basket of financial instruments for hedging investment risk in actively managed exchange traded funds is described. The system uses a trusted computer system and includes a computer storage medium storing a computer program product. The product determines the basket of hedging instruments by extracting factor information from a portfolio of the actively managed exchange traded fund and determining factors that affect the price of the exchange traded fund. The program can select a portfolio of instruments with similar behavior with respect to the determined factors to produce a hedging portfolio that tracks the price of the exchange traded fund. | 04-26-2012 |
| 20120101960 | METHOD AND SYSTEM FOR THE ACQUISITION, EXCHANGE AND USAGE OF FINANCIAL INFORMATION - The present invention includes a robust automated asset allocation optimization layer that optimizes between an allocation suggested by one or more managers, or allocations induced by information provided by managers, and a default allocation that is either provided by the client, or generated by the system. A second layer of the system tracks the amount of resources allocated to each manager, and computes and implements adequate dynamic rewards to managers as a function of their performance. | 04-26-2012 |
| 20120101961 | COMPUTERIZED METHOD AND SYSTEM FOR PROCESSING DATA RELATED TO A FINANCIAL INSTRUMENT HAVING GUARANTEED BENEFIT PAYMENTS - A computerized financial instrument management system has a data storage device storing data indicative of an account balance based on deposits, withdrawals and changes in value of investments selected by an owner, a payment base value, a guarantee of availability of benefit payments for a term, during time periods during the term, without reduction of the payment base value; and withdrawal factor values correlated with dates after a first of the benefit payments and increasing after the first of the benefit payments. A processor is configured to determine, for any of the time periods, an available amount of the benefit payment, based on data indicative of a withdrawal factor value and at least one of a payment base value and either the payment base value or the account value. | 04-26-2012 |
| 20120101962 | INVESTMENT COMPANY THAT ISSUES A CLASS OF CONVENTIONAL SHARES AND A CLASS OF EXCHANGE-TRADED SHARES IN THE SAME FUND - An automated method is provided for administering a single investment company that issues one or more classes of shares that are bought from and redeemed with the single investment company at a net asset value and issues one or more classes of shares that are listed for trading on a securities exchange and that are bought and sold at negotiated market prices. One or more computers maintain account data of the outstanding shares. An owner of any share of any share class has an undivided interest in the single investment company. | 04-26-2012 |
| 20120101963 | Method, Apparatus and Article-of-Manufacture For Managing and Supporting Initial Public Offerings and Other Financial Issues - The present invention relates generally to the field of computer-assisted business methods, and to system and articles-of-manufacture for implementing such methods. More particularly, the invention relates to computer-based methods, apparatus and articles-of-manufacture for supporting the coordination, communication, record-keeping, accounting, security and scheduling needs for the syndicate associated with an initial public offering (“IPO”) or other new financial issue. While the invention is exemplified and discussed herein with reference to IPO's, those skilled in the art will appreciate that the present invention is equally applicable to other types of securities and debt instruments, such as preferred stock, corporate bonds, municipal bonds, etc. | 04-26-2012 |
| 20120109845 | Repositioning a Value Axis - Various embodiments of a trading screen allow a market value indicator to go out of view without necessarily triggering a command to reposition a value axis. The value axis may be repositioned to bring the market value indicator back in view when the market value indicator satisfies a threshold condition. The threshold condition is defined such that it is possible for the market value indicator to go out of view and not trigger a command to reposition the value axis. Various embodiments automatically reposition the value axis in a way that can provide the user with more overall control of the trading screen than previous trading screens. Further, the user may gain increased confidence in using the trading display, particularly with respect to single action order entry, because there is less risk of the value changing on the display during order entry. These advantages and others will be evident to a person of ordinary skill in the art of the embodiments described herein. | 05-03-2012 |
| 20120109846 | WEIGHTED CURRENCY PORTFOLIO AND INDEX - A computerized method and apparatus, involving a focus currency and a group of currencies other than the focus currency which define non-focus currencies, involves calculating weights for each of the non-focus currencies and performing a covariance adjustment to the weights of each of the non-focus currencies to obtain final currency weights for each of the non-focus currencies, whereby the final currency weights define a portfolio that allows an investor to take a position on the focus currency without taking a position relative to any particular non-focus currency in the group. | 05-03-2012 |
| 20120109847 | Lease Evaluation and Planning - According to one embodiment of the present invention, a method receives a request to facilitate an evaluation of lease data. The method determines one or more categories of lease data according to the request and retrieves the lease data associated with the determined categories. The method determines one or more rules to apply to the lease data, applies the rules, and communicates a report indicating results of applying the rules to the lease data. | 05-03-2012 |
| 20120109848 | System and Method for Assigning Responsibility for Trade Order Execution - An embodiment of the present invention provides a system and method for a sponsoring organization to: (1) utilize a rules-based computer system to capture trade orders from sub-advisors (money management firms) in order to implement a pre trade compliance review process, thereby enabling the sponsoring organization to prevent the execution of trade orders by a sub advisor that violates securities laws and/or account restrictions; and (2) determine and assign, based on expected market impact of a trade order to buy or sell securities, whether responsibility (discretion over the decisions related to how, when and with whom a trade order is executed) for executing the trade order is assigned to the money management firm for an investment portfolio or to the sponsoring organization of that portfolio. Trade orders are categorized in real-time as “high touch” (significant effort and market impact) or “low touch” (insignificant effort and market impact). | 05-03-2012 |
| 20120109849 | Intelligent Data Storage and Processing Using FPGA Devices - A re-configurable logic device such as a field programmable gate array (FPGA) can be used to deploy a data processing pipeline, the pipeline comprising a plurality of pipelined data processing engines, the plurality of pipelined data processing engines including a data reduction engine, the plurality of pipelined data processing engines being configured to perform processing operations, wherein the pipeline comprises a multi-functional pipeline, and wherein the re-configurable logic device is further configured to controllably activate or deactivate each of the pipelined data processing engines in the pipeline in response to control instructions and thereby define a function for the pipeline, each pipeline function being the combined functionality of each activated pipelined data processing engine in the pipeline. | 05-03-2012 |
| 20120109850 | SYSTEM AND METHOD FOR AUTOMATICALLY INVESTING A PORTION OF INTEREST CHARGED IN A MORTGAGE INSTALLMENT PAYMENT - A method and a system are provided to allocate a borrower's monthly home loan repayments to a loan provider to an interest payment account and an equity accrual account; and, to further allocate to a retirement or education account a monthly amount of savings that is correlated to that portion of each monthly home loan repayment comprising interest on the loan. The monthly amount of savings allocated to the retirement or education account is computed by multiplying that portion of each monthly home loan repayment comprising interest on the loan by a savings rate that is a function of an economic benchmark. | 05-03-2012 |
| 20120116988 | Expected utility maximization in large-scale portfolio optimization - A system and method efficiently solve the expected utility maximization problem in large-scale financial asset portfolio optimization. The system and method solve the expected utility maximization problem employing a factor representation of asset returns. Additionally, the system and method calibrate the optimization model to a benchmark to obtain unconditional mean returns and enable active management based on conditional expected return predictions. The system and method also enable options to be considered as part of the portfolio. | 05-10-2012 |
| 20120116989 | METHOD AND SYSTEM FOR EVALUATING/ANALYZING PATENT PORTFOLIO USING PATENT PRIORITY APPROACH - A method and a system for evaluating/analyzing patent portfolio using patent priorities are provided for selecting a patent family to establish a data set based on members of the patent family and priorities claimed by the members, forming a relationship matrix based on the members and the priorities claimed by the members in the data set and at last, and analyzing a relationship between the members of the patent family and the priorities claimed by the members of the patent family through the relationship matrix to form an analysis result and then, performing patent evaluation patent portfolio according to the analysis result. Accordingly, a patentee having numerous patents may quickly know what patents have high importance, high value and high techniques and the patentee or his competitor is facilitated to perform patent evaluation, patent portfolio, patent application and patent maintenance. | 05-10-2012 |
| 20120116990 | SYSTEM AND METHOD FOR ALLOCATING ASSETS AMONG FINANCIAL PRODUCTS IN AN INVESTOR PORTFOLIO - A computerized method and system for allocating assets among a plurality of financial products for an investor portfolio includes calculating a solution space of financial vehicle combinations by assigning allocations to each financial vehicle in each financial vehicle combination and generating a set of simulations, for each of the vehicle combinations, of a value of the financial vehicle combination. The computerized method and system further includes receiving investor-specific information, the investor-specific information including a retirement objective. The method and system further includes selecting a set of financial vehicle combinations within the solution space based on the received investor-specific information; and allocating assets among the plurality of financial products based on the set of selected financial vehicle combinations and received investor-specific information. | 05-10-2012 |
| 20120116991 | RATE BENCHMARKING TOOL FOR FEE-BASED AND MANAGED ACCOUNTS - A computer for displaying an evaluation tool for evaluating a proposed fee on behalf of a professional, including a memory having at least one region for storing computer executable program code and a processor for executing the program code stored in the memory. The program code includes code for receiving a product type for a proposed client account, a proposed fee for the proposed client account, and at least one of the following numerical parameters: (i) an account asset amount for the proposed client account, (ii) a relationship asset amount for the proposed client account, and (iii) a breakdown of components in an asset mix for the proposed client account. A range of historical fees of the nearest neighbor historical accounts is shown on a graph from lowest to highest, and the proposed fee is shown on the graph relative to the nearest neighbor historical fees. | 05-10-2012 |
| 20120116992 | System and Method for Analyzing Investments - An online investment advisory and management tool providing a system, method and apparatus for analyzing the actual cost of ownership, over time, of mutual funds and comparing those costs to the costs associated with a determined comparable exchange traded fund(s) (ETFs). The method includes an analysis of investment costs and the implicit asset allocation of the funds entered. According to one method, a user inputs mutual fund information into a client and the data is sent to a server. In an alternative embodiment, the user entitles the client to determine actual account information from a third party communicating with the user's financial institution(s). The server analyzes the mutual funds, and determines comparable ETFs. Alternatively, the user may select ETFs. After an ETF is determined, the system provides an analysis of the costs and performance of the mutual funds and the comparable ETFs and estimates the total cost of ownership. The embodiments further include a marketing tool. | 05-10-2012 |
| 20120116993 | INVESTMENT MANAGEMENT SYSTEM AND METHOD - Investment management systems and methods are disclosed that solve an objective function subject to certain investment constraints to calculate a set of assets for an investment portfolio. In certain embodiments, the systems and methods comprise selecting from a plurality of assets a set of assets that improves net expected returns over a current set of assets in a portfolio. The systems and methods use asset-asset interaction decoupling techniques to eliminate matrix-inversion programming. In certain embodiments, with a function comprising net expected returns of the assets, a portfolio constraint, and a Lagrange multiplier, one or more correlations between assets can be removed such that each asset can be processed independently of other assets. | 05-10-2012 |
| 20120116994 | Dynamic Portfolio Monitoring - Michaud rebalance probabilities are renormalized in the case of successive datasets, historical or simulated, where partial commonality of information is imputed to the two datasets. Two separate sets of optimization inputs correspond to a stochastic process and optimization subject to a set of constraints making the optimization analytically intractable. A subset of data drawn on the basis the first optimization input is recursively replaced with data sampled from the second optimization input, the extent of replacement governed by the extent of common information. A set of rebalance probabilities is calculated, and the L | 05-10-2012 |
| 20120116995 | Redemption of Derivative Secured Index Participation Notes - Techniques are described for securitizing, administrating and trading various index shares securitized by derivative, cash-settled instruments on the underlying index. | 05-10-2012 |
| 20120116996 | METHOD AND SYSTEM FOR ANALYZING INVESTMENT INFORMATION - An information processing apparatus and associated method for analyzing investment information. An input unit receives a financial request and one or more investment variables relating to the financial indicator and a description vector unit generates at least two vectors containing the one or more investment variables based on the financial request. A description vector similarity unit then calculates a similarity value by comparing the at least two vectors and an investment analysis unit analyzes the similarity value and the financial request, and determines investment advice based on results of the analysis. | 05-10-2012 |
| 20120116997 | OTC Options on Actively Managed Portfolios in Grantor Retained Annuity Trusts (GRATs) - A method and apparatus for controlling the volatility experienced by a grantor using a grantor retained annuity trust (GRAT) or the like provides a fund that may sell call spreads to the GRAT and shares in the fund to the grantor. Countervailing value movements in the fund and the value of the call spreads may be adjusted to control volatility and provide more certainty in the calculation of the grant annuity stream. | 05-10-2012 |
| 20120116998 | Method and Apparatus for Processing Financial Information at Hardware Speeds Using FPGA Devices - A method and apparatus use a reconfigurable logic device to process a stream of financial information at hardware speeds. The reconfigurable logic device can be configured to perform data processing operations on the financial information stream. Examples of such data processing operations include data processing operations to compute a latest stock price, a minimum stock price, and a maximum stock price. | 05-10-2012 |
| 20120116999 | SYSTEM AND METHOD FOR PROCESSING DATA RELATED TO FINANCIAL INSTRUMENTS FOR PROVIDING DEFERRED INCOME - A computer system for processing data related to financial instruments for providing deferred income includes a data storage device storing data relating to financial instruments representing a right to receive a fixed amount at fixed intervals for a lifetime commencing at a fixed start date, and, for classes of financial instruments, a price of the instrument, the fixed amount, interval and start date. The system further includes a processor configured to receive via a communication module data indicative of a request to purchase financial instruments, including a payment amount, age of the individual purchaser, and to determine, based on the received payment amount and age data, a number and class of the financial instruments for issue to the individual purchaser and to output data for generation of the determined number and class of the financial instruments for issue to the individual purchaser. | 05-10-2012 |
| 20120117000 | MANAGING CONSISTENT INTERFACES FOR CREDIT PORTFOLIO BUSINESS OBJECTS ACROSS HETEROGENEOUS SYSTEMS - A business object model, which reflects data that is used during a given business transaction, is utilized to generate interfaces. This business object model facilitates commercial transactions by providing consistent interfaces that are suitable for use across industries, across businesses, and across different departments within a business during a business transaction. In some operations, software creates, updates, or otherwise processes information related to a credit portfolio model, a credit portfolio analytical result, a credit portfolio management process control, a financial instrument exposure profile analytical result, and/or a material supply and demand allocation business object. | 05-10-2012 |
| 20120123963 | MARKET FORECASTING - Methods, machine readable media, and systems for market forecasting are provided. An example of a method for market forecasting includes modeling market characteristics of market participants for a type of product and deriving variability of an attribute corresponding to a market characteristic coefficient of the type of product for each of the market participants. The method includes resampling from a distribution of the variability of the attribute for each of the market participants and remodeling the market characteristics of the market participants for the type of product using the resampled attribute. The method includes forecasting future market characteristics of the market participants for the type of product according to the remodeled market characteristics. | 05-17-2012 |
| 20120123964 | METHOD AND SYSTEM FOR CREATING AND TRADING CORPORATE DEBT SECURITY DERIVATIVE INVESTMENT INSTRUMENTS - A method of creating and trading corporate debt security derivative investment instruments on an exchange, as well as a trading facility for trading such derivatives, is disclosed. Corporate debt security derivative investment instruments are created by identifying a credit rating service that includes a plurality of risk categories. Unique monetary values are mapped to risk categories and an entity rated by the credit rating service is identified. A corporate debt security derivative investment instrument is then created whose value is determined at least in part by the monetary value to which the risk category associated with the rated entity is mapped. | 05-17-2012 |
| 20120123965 | Systems and Methods for Providing Direct to Capital Swaps - In one aspect, the present invention comprises a computer system for market making, comprising: (a) a computer component for receiving data identifying a user-specified basket of securities; (b) a database storing the data identifying a user-specified basket of securities and storing data describing inventory of a market maker; and (c) a computer component for calculating a swap price for the basket in light of the inventory, the calculating based at least in part on quote deflection related to the inventory. Other aspects comprise related methods and software. | 05-17-2012 |
| 20120123966 | MULTIDIRECTIONAL DISTRIBUTED RECURSIVE PORTFOLIO ALLOCATION - A system and method for sharing portfolio allocation information among various participants while dispensing with the notion of specific roles of advisors and followers. The system and method includes a mechanism for allowing any participant to follow any other participant while creating greater diversity. The system and method may also provide an advice-following mechanism where those people who make smart investment decisions, or those people who are good at picking other people to make smart investments, will garner more followers and/or rewards. | 05-17-2012 |
| 20120123967 | System and Method for Flexible Spread Participation - A system and method for risk analysis of a portfolio of derivative products is disclosed which is conducted based on a set of flexible rules. The system and method allow creating predefined sets of products for the purpose of future risk offsets. If a futures trade as a subset of that set of products that met a threshold level, then the subset is assigned the offset value (or a pro rata or other portion of the offset value) of the predefined set. For example, assume that the predefined set consists of one S&P 500 futures, one NASDAQ futures, one S&P Midcap 400 futures and one Russell 1000 futures and the threshold is three. If the futures trader holds any three of those four futures, the three futures can be grouped, assigned an offset value, and this group can be used as one asset for purpose of further risk offsets. | 05-17-2012 |
| 20120123968 | USING COMMERCIAL SHARE OF WALLET TO RATE INVESTMENTS - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 05-17-2012 |
| 20120130919 | WIRE SPEED MONITORING AND CONTROL OF ELECTRONIC FINANCIAL TRANSACTIONS - An in-line hardware message filter device inspects incoming securities transactions. The invention is implemented as an integrated circuit (IC) device which contains computer code in the form of on-chip hardware instructions. Data messages comprising orders enter the device in exchange-specific formats. Messages that satisfy pre-determined risk assessment filters are allowed to pass through the device to the appropriate securities exchange for execution. The system functions as a passive device for all legitimate network traffic passing directly or indirectly between a customer's computer and a securities exchange's order-acceptance computer. Advantageously, the invention allows the broker-dealer to check and pass messages or orders as they come through the system without having to store the full message before making a risk assessment decision. The hardware-only nature of the invention serves to maximize the speed of order validation and to perform pre-trade checks in a cut-through or store-and-forward mode. | 05-24-2012 |
| 20120130920 | COMMODITY PROCESSING SUPPORTING SYSTEM AND COMMODITY PROCESSING SUPPORTING METHOD - According to one embodiment, a commodity processing supporting system includes a commodity-data acquiring section and a display-data generating section. The commodity-data acquiring section acquires, on the basis of information received from a portable information terminal, data of commodities registered in a storing section. The display-data generating section displays, on a display screen of the portable information terminal, information corresponding to the data acquired by the commodity-data acquiring section while distinguishing the commodities into commodities to be taken back home and commodities not to be taken back home. | 05-24-2012 |
| 20120130921 | FINANCIAL MILESTONES AND PAYOUT SYSTEM - Computer-implemented architectures for providing a milestone-based contingent fundraising platform using actionable information from experts are described. Businesses may, in conjunction with experts, establish milestones and offer a liability based on an offered interest rate and a target amount of funds to raise. Funders may match the business' offer with funding to meet the target raise. If the business achieves the milestone, then it may receive a portion of the funding. In some embodiments, if the business also has a revenue exceeding a threshold, then the funders may receive a portion of the revenue. Alternatively, if the business fails to achieve the milestone, then the funders may receive back their funding plus interest. Experts may be compensated with a portion of either the raised funds or the paid liability. In some embodiments, such a platform may be used for contests in which funders award businesses for achieving skill-based milestones. | 05-24-2012 |
| 20120130922 | Method and Apparatus for Processing Financial Information at Hardware Speeds Using FPGA Devices - A method and apparatus use hardware logic deployed on a reconfigurable logic device to process a stream of financial information at hardware speeds. The hardware logic can be configured to perform data reduction operations on the financial information stream. Examples of such data reductions operations include data processing operations to compute a latest stock price, a minimum stock price, and a maximum stock price. | 05-24-2012 |
| 20120130923 | System and Method for Determining the Market Risk Margin Requirements Associated with a Credit Default swap - A system and computer-implemented method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The system and method implement steps and procedures for analyzing the portfolio including the plurality of financial instruments where analyzing further includes determining a first time-series of returns for the plurality of financial instruments, determining a second time-series of returns for the plurality of financial instruments where the second time-series occurs after the first time-series, and calculating the correlation between the first time-series of returns and the second time-series of returns. The system and method implement further steps and procedures for calculating residuals and volatilities for the plurality of financial instruments within the portfolio as a function of the first time-series of returns, calculating a correlation matrix and degrees-of-freedom utilized to simulate standardized residuals for each of the plurality of financial instruments within the portfolio, generating simulated returns as a function of the simulated standardized residuals and the returns, generating a spread distribution for the portfolio, wherein the portfolio is repriced as a function of the simulated returns, and calculating a margin risk based on a risk percentile associated with the spread distribution. | 05-24-2012 |
| 20120136803 | Commodity Currency Portfolio And Index - A computerized method involves determining a first currency weighting factor for a group of net commodity exporting countries as a function of individual country net commodity trade information relative to individual country GDP information, determining a second currency weighting factor for the individual country based upon GDP information relative to total GDP information for the group, determining a third currency weighting factor for the individual countries based correlation to the Commodity Research Board index, and calculating, for each of the individual countries, a currency weight factor as an average of the first, second and third currency weighting factors, wherein the currency weighting factors for the group collectively defines a currency portfolio that is a proxy for at least some commodities exported by the countries of the group. | 05-31-2012 |
| 20120136804 | Wealth Management System and Method - Systems and methods for wealth management forecasting are provided. Financial and investment information can be collected from a client who wishes to implement a wealth management plan, and the performance of various scenarios can be forecast. Various scenarios can be developed that include dividing the investment portfolio of the client up into multiple buckets (referred to herein as “bucketizing” the portfolio) where each bucket has a different investment strategy that is part of an overall wealth management plan developed for the client. Each bucket can have different investment timelines and levels of risk associated with the investments in that portfolio. The forecasting process is completely automated, and the client can update various parameters to see how changes to the investment parameters can change the forecasted results of the wealth management plan, and the system can dynamically update the forecast to reflect the updated data. | 05-31-2012 |
| 20120136805 | Flexible Allocation Process - A method of managing an open ended fund of a client including determining a random maturity and a payoff function of the fund, calculating a profile of the payoff function depending on a current price of a risky asset of the fund, calculating, according to the profile, an exposure function depending on the current price of the risky asset, estimating an average reference price of the risky asset, and computing a current target exposure of the fund to the risky asset, according to the exposure function and the price and the average reference price of the risky asset. | 05-31-2012 |
| 20120136806 | Compliance Rules Analytics Engine - The present invention relates to compliance rules analytics systems and methods for facilitating compliance, such as the compliance of an investment portfolio or a set of investment portfolios, with a rule or a set of rules. | 05-31-2012 |
| 20120136807 | SYSTEM AND METHOD FOR FUNDING COMPANIES - A system and method for funding investment seeking companies (ISCs), e.g., startup companies, by a funding company is disclosed. For each of the ISCs, in exchange for private equity therein, the funding company issues a corresponding publicly tradable class of its own stock substantially based on the performance of the ISC. The ISCs are categorized according to characteristics important to investors, e.g., type of technology, revenue, and products or services (to be) offered so that ISCs in a same category compete against one another for funding distributions from the funding company. In particular, income returns on the investments of proceeds from public sales of each class of stock are periodically distributed among competing ISCs according to, e.g., the share prices of their corresponding class of funding company stocks. | 05-31-2012 |
| 20120136808 | SYSTEM AND METHOD FOR COMPUTER IMPLEMENTED COLLATERAL MANAGEMENT - A data processing system manages collateral risk associated with a trade of a financial instrument includes a processor and a memory that contains a database configured to store a ruleset relating to determining eligibility of collateral to be considered for a desired trade. A search module searches for accounts that could potentially accept a security position based upon established search criteria. Search results are stored in the memory, and are used to identify one or more security positions eligible for use as collateral for the trade. A collateral analysis module determines a collateral preference ranking by at least applying the ruleset via an algorithm executed by the processor so as to confirm an eligibility of security positions eligible for use as collateral for the trade by testing in accordance with the ruleset. The processor outputs a relative collateral preference indication via a user interface. | 05-31-2012 |
| 20120143782 | Private Company Valuation - Systems and techniques are disclosed to value privately-held companies, at least in part, on publicly traded companies. A value is computed for a primary private company using a weighted average valuation multiple and a weighted average total return value associated with publicly traded companies. A confidence rating of the computed valuation is also provided. | 06-07-2012 |
| 20120143783 | Object Oriented System for Managing Complex Financial Instruments - Object oriented design strategies and patterns are applied to financial data processing systems for processing and modeling of financial products (also referred to as financial instruments) with an emphasis being on derivative products. The system employs valuation independent, well-defined financial components (also referred to as financial events) that can be combined to build new financial structures. A general purpose software model is provided for representing the structure and characteristics of these products. A declarative specification language is provided to describe financial instruments in a consistent manner that lends itself to processing in such an object oriented system. A general traversal process is provided that can be applied to the macro structure of a financial instrument to implement various functions that produce results based on such information, such as the stream of financial events associated with the instrument, or the pricing or valuation of the instrument. | 06-07-2012 |
| 20120143784 | INTEGRATED TRADING INFORMATION PROCESSING AND TRANSMISSION SYSTEM FOR EXEMPT SECURITIES - A system is provided for processing and transmitting trading information for exempt securities or assets not otherwise listed, traded, valuated or bought/sold in any conventional exchange or system for the regulation of securities or commodities. The system may include: (a) a risk analytic module using the latest market prices and data provided by other modules, (b) an auction module including asset auction functionality and a multi-lateral counterparty trade workstation capability, with bid-offer and unique asset price sourcing capabilities, (c) an asset or portfolio tracking module providing browser based, realtime consolidated reporting of multi-firm asset positions (public or private), and (d) an out-of-band communications module alerting users/subscribers who may or may not be logged on the system via fax, e-mail, text messages, or other out-of-band communications of a pending transaction being consummated or achieved. | 06-07-2012 |
| 20120143785 | Proxies for Actively Managed Funds - Among other things, receiving public information about an actively managed fund, selecting a group of financial assets, determining a group of weights corresponding to the group of financial assets thereby determining a weighted group of financial assets, the weights being determined based only on the public information, and publishing the contents of the weighted group of financial assets, wherein an expected valuation of the weighted group of financial assets is within a threshold percentage of an expected valuation of the actively managed fund. | 06-07-2012 |
| 20120150765 | Regional Currency Portfolio And Index - A computerized method involves determining a first currency weighting factor, for a group of countries consisting of individual countries in a region, based upon individual country GDP information relative to total regional GDP information for the group, determining a second currency weighting factor for the individual countries based upon individual country currency liquidity information relative to total regional currency liquidity information for the group, determining a third currency weighting factor for the individual countries based upon implied volatility information for each individual country in the group's currency as a percentage of the sum of the implied volatility information of the group members, wherein the third currency weighting factors are higher for higher volatilities and lower for lower volatilities, and calculating, for each of the individual countries, a currency weight factor as an average of the first, second and third currency weighting factors. | 06-14-2012 |
| 20120150766 | Computer Based System for Pricing an Index-Offset Deposit Product - A computer-based method for determining a value of an index-offset deposit product, having a principal amount, a term, a specified guaranteed amount, and an index credit comprising the step of setting trial values for fixed-income-linked crediting parameters for the product implying an expected fixed-income-linked credit component at the end of the term. The method further comprises the steps of determining a cost for an option paying an index-linked credit component such that a composite index credit together with the principal is at least equal to a specified guaranteed amount. | 06-14-2012 |
| 20120150767 | CREDIT INDEX, A SYSTEM AND METHOD FOR STRUCTURING A CREDIT INDEX, AND A SYSTEM AND METHOD FOR OPERATING A CREDIT INDEX - The present invention relates to a credit index, a system and method for structuring a credit index, a system and method for operating a credit index, and a system and method for determining the liquidity of a credit. | 06-14-2012 |
| 20120150768 | COMPUTERIZED INVESTOR ADVISEMENT AND INVESTMENT MANAGEMENT SYSTEM - A system and method for evaluating, substituting and optimizing investment asset portfolios based on performance history to facilitate the investment process. An analyzed investment portfolio is compared to a dynamically composed reference portfolio of exchange-traded products whose periodic returns best approximate periodic returns of the analyzed portfolio. Excess periodic returns of the analyzed portfolio over those of the reference portfolio are discounted in time by a risk-adjusted rate, and the resulting normalized measure is used to rate and rank the analyzed portfolios. The analyzed portfolio is substituted with the reference portfolio through a periodic execution of adjustment trades in the latter, so that returns are closely tracked over time. The analyzed portfolio is optimized by using a lag fit of the reference portfolio, which smoothes out suboptimal market timing and macro-based investment decisions of the analyzed portfolio manager. | 06-14-2012 |
| 20120158612 | System and method for providing financial products - Disclose are methods, systems and products for providing financial payments to investors who live longer than a specified survival age. Premium payments are received ( | 06-21-2012 |
| 20120158613 | PREDICTING ECONOMIC TRENDS VIA NETWORK COMMUNICATION MOOD TRACKING - A method of investigating public mood from a multi-dimensional model approach and a method to predict economic market trends above chance level based on the multi-dimensional model approach are provided. The text-content of several large-scale collections of daily network communications are analyzed via mood assessment tools, measuring various mood dimensions. A Granger Causality analysis investigated the correlation between daily changes in public mood states via results of the daily mood time series of the mood assessment tools with changes in value of the Dow Jones Industrial Average (“DJIA”) over time. Based on the above investigation, a Self-Organizing Fuzzy Neural Network model was trained to predict next-day DJIA value based on a combination of past DJIA values and public mood state measurements across several specified mood dimensions, such as calm and a combination of calm and happy. | 06-21-2012 |
| 20120158614 | Executing a Leveraged Long/Short Strategy for an ETF - An ETF uses a leveraged long/short strategy that involves buying fully funded equities that are expected to overperform in the market, selling short equities that are expected to underperform, and buying additional equities that are expected to overperform using proceeds generated from the short sales. This is achieved for an ETF by creating and redeeming ETF shares, wherein the ETF fund manager specifies in a portfolio composition file which equities to buy and which equities to sell short. To create shares of the ETF, an authorized participant transfers these specified positions to the fund manager “in kind” in exchange for ETF shares. To redeem shares of the ETF, the authorized participant transfers the shares back to the fund manager and in return receives these specified positions in-kind from the fund manager. This avoids the need for the ETF fund manager to initiate the short sale. | 06-21-2012 |
| 20120166357 | COMPUTER SYSTEM AND METHOD FOR DETERMINING OPTIMAL ASSET ALLOCATION - A computer system is provided for selecting an asset allocation for an investment portfolio intended to produce a target payout starting at a target date. The computer system is programmed to receive inputs that may relate to the target payout, the target date and a nominal rate of contributions to the investment portfolio. The computer system calculates a plurality of simulated investment outcomes based on assumed investment return rates and assumed inflation rates. The assumed investment return rates and assumed inflation rates are randomly selected in multi-year clusters from historical data. The computer system selects the asset allocation based on relative performance of the assumed asset allocations in the simulated investment outcomes. | 06-28-2012 |
| 20120166358 | Financial Instrument Selection and Weighting System and Method - A financial instrument formed by selecting and weighting securities according to selection and weighting criteria. A primary index may be constructed from a universe of securities meeting at least one selection criterion, and may optionally be weighted according to a selection criterion. Derivative indices may be constructed from the primary index. The derivative indices may be further screened and/or weighted according to the same or different selection criteria. Derivative indices may also be created from other derivative indices, again based on selection and/or weighting criteria. The primary index and any derivative indices may be ranked according to one or more selection criteria, either before or after derivative indices are constructed. | 06-28-2012 |
| 20120166359 | METHOD FOR DEFINED CONTRIBUTION DEFAULT BENCHMARK - A method for generating an integrated family of benchmarks representing portfolio allocations for a participant is described. At least two assets for a portfolio are identified. A current market rate for at least one of the assets and an expected inflation for a predetermined time period are determined via a computing device. The computing device determines a portfolio allocation to each asset based on the current market rate and the expected inflation so as to define a process for obtaining inflation-protected income for a predetermined number of years and then non-inflation protected income for subsequent years. The identified assets and the portfolio allocations are published via a network. | 06-28-2012 |
| 20120173453 | System and method for establishing a structured investment - A structured investment product provides a return that substantially tracks returns from at least two different financial instruments. To establish the structured investment product a forward starting option on a first financial variable is acquired at a first time. A financial instrument is also acquired. Purchase orders for shares of the structured investment and investment capital are received. At a second time, options on the first financial variable are acquired. Certain predefined terms of the forward starting option and certain predefined terms of the option are the same. More of the financial instrument is acquired. | 07-05-2012 |
| 20120173454 | FINANCIAL PORTFOLIO BOOST EVALUATION - A method associates a financial portfolio with a social network. The method calculates a normalized change in equity value for the financial portfolio. Also, the method displays a message on the social network based on the calculated change. | 07-05-2012 |
| 20120173455 | APPARATUS FOR PROCESSING COMPOUND REDEMPTION OF A SINGLE ISSUER - The present invention provides methods and apparatus for a user to participate in one or more of: creating, issuing and redeeming Compound Redeemable Instruments for a Single Issuer. Apparatus can include a network access device with executable software that is executable upon demand to transmit instructions to process Redemption Instances, as well as, create and issue Compound Redeemable Instruments for a Single Issuer. | 07-05-2012 |
| 20120173456 | DECISION SUPPORT SYSTEM FOR THE MANAGEMENT OF ENERGY USE, CONTRACTING AND CAPITAL INVESTMENTS FOR FACILITIES - Disclosed herein is an energy management decision support system and methods for asset managers of buildings and facilities that can utilize energy usage data captured from meters, such as smart meters, and weather data to provide a systems-based cost reduction and optimization solution for end users. Building system components may be highly inter-dependent and changes to one system element can have substantial effects (positive and negative) upon other system elements. As described in further detail herein, system and method embodiments according to the present disclosure may apply predefined criteria to such building energy usage data to identify energy usage variances, and may graphically present to a user the identified energy usage variances. As a result, facility administrators are provided with more easily interpretable energy usage information. Such information may be applied by the administrators for adjusting operations, upgrading building equipment, or retrofitting building equipment to improve building efficiency. | 07-05-2012 |
| 20120173457 | System and Method for Allocating Traditional and Non-Traditional Assets in an Investment Portfolio - A computerized method and system for allocating assets among a plurality of financial products for an investor portfolio includes calculating a solution space of financial vehicle combinations by assigning allocations to each financial vehicle in each financial vehicle combination and generating a set of simulations, for each of the vehicle combinations, of a value of the financial vehicle combination. The computerized method and system further includes receiving investor-specific information, the investor-specific information including a retirement objective. The method and system further includes selecting a set of financial vehicle combinations within the solution space based on the received investor-specific information; and allocating assets among the plurality of financial products based on the set of selected financial vehicle combinations and received investor-specific information. | 07-05-2012 |
| 20120173458 | COMPUTERIZED INVESTMENT PRODUCT - A computer implemented investment product includes data stored on one or more computers that corresponds to a notional performance portfolio of assets. The notional performance portfolio includes: (a) a base portfolio of assets having a selected exposure amount; (b) a passive commodity index portfolio, of long and short positions, having a passive commodity index portfolio exposure in an amount substantially equal to a product of the selected exposure amount multiplied by a leverage factor of at least 100%; and (c) the notional performance portfolio having a lower risk and a higher return as compared to either the base portfolio or the passive commodity index portfolio. The one or more computers monitor the base portfolio and the passive commodity index portfolio and calculate the return for the notional performance portfolio. | 07-05-2012 |
| 20120179626 | SYSTEMS FOR STRUCTURED INVESTMENT SEEDING - The disclosure provides an investment structure and corresponding arrangement which involves methods and systems whereby the asset manager directly or indirectly makes a seed investment in the new fund and hedges its risk, while obtaining financing on its investment. Additionally, in another embodiment, the financial institution or asset manager may actually make an investment into the fund and hedge itself by trading with the fund. The financial institution would require little collateral as the methods and systems of the disclosure are designed to recognize offsetting positions and early detect any hedging mismatches. | 07-12-2012 |
| 20120179627 | UPSIDE INVESTING METHOD AND SYSTEM - An economic security, saving, spending, and investing financial planning method and system are disclosed, to calculate the smoothest possible living standard floor for a household, which does not necessitate borrowing or spending out of risky investments; and to show the extent to which the household's living standard floor may rise once risky investments are converted to safe investments. | 07-12-2012 |
| 20120179628 | Systems and Methods for Controlling Portfolios - Systems and methods are disclosed which relate to the management of asset invested in a fund. The system includes a computer connected to a network which has constantly updated fund data available to compare a current fund with a plurality of possible new funds. The system automatically transfers from one fund to another according to user predetermined criteria. | 07-12-2012 |
| 20120179629 | CONTROLLING AN ORDER SLICER FOR TRADING A FINANCIAL INSTRUMENT - In one aspect, the present invention provides an order slicer that receives an order that to trade a financial instrument. The order associates a trading strategy with said order. The trading strategy is replaceable. In another aspect, an interface accepts a trading strategy of an order to trade a financial instrument. A transmitter transmits the trading strategy to an order slicer. | 07-12-2012 |
| 20120179630 | METHODS FOR MEASURING HEDGING VALUE-AT-RISK AND PROFITABILITY - Methods for measuring value-at-risk and profitability of hedging in relation to BMA debt obligations are provided using rigorous, statistical solutions that address problems associated with municipalities involved in swap hedging face. Various embodiments permit users to quantify POL hedging basis risk through a VAR-style loss measurement and statistics measuring the profitability of a hedge, those statistics including gain durability and gain/loss ratio. Various aspects introduce significant innovation to risk management practices, particularly for tax-exempt issuers of debt. Certain embodiments of this disclosure facilitate better management of hedging risk, analysis of hedges using POL vs. BMA and provide guidance for analyzing the risk existing in an existing portfolio of POL swap hedges to better inform decision-making regarding use of hedging risk for profit or to lay off risk. | 07-12-2012 |
| 20120185405 | METHOD AND APPARATUS FOR COMMODITY SOURCING MANAGEMENT - A method for commodity sourcing management or commodity management includes identifying a plurality of divisions of commoditization. A plurality of sourcing options for at least one of the divisions of commoditization are identified, as well as a plurality of financial instruments. The method includes correlating the plurality of divisions of commoditization, the sourcing options and the financial instruments so that they are commonly commensurable for analysis. | 07-19-2012 |
| 20120185406 | FAST AND ACCURATE METHOD FOR ESTIMATING PORTFOLIO CVaR RISK - A method, system and computer program product for measuring a risk of an asset portfolio. The system estimates a β-level CVaR (Conditional Value-at-Risk) of the asset portfolio by modeling interdependencies between assets in the asset portfolio. The modeling is based on Gaussian copula model. | 07-19-2012 |
| 20120185407 | CREATING AND MAINTAINING A PAYOUT-READY PORTFOLIO WITHIN AN INVESTMENT PLAN TO GENERATE A SUSTAINABLE INCOME STREAM - Financial advisory methods and systems for creating a steady lifetime income stream within an investment plan is provided. According to one embodiment, based on an investor's current holdings in the investment plan, a pattern of periodic cash payouts is identified that can be made to the investor from an in-plan payout program implemented with the limited universe of financial products available within the investment plan. The assets of the investment plan are rebalanced to form a payout portfolio and an equity exposure portfolio. The payout portfolio is constructed to create an annuity-like stream of income to support the pattern of periodic cash payouts and includes multiple bond funds. The equity exposure portfolio is constructed to address inflation risk by providing an ability to rise with equities markets. Finally, a periodic cash payout of the pattern of periodic cash payouts is caused to be paid to the investor from the investment plan. | 07-19-2012 |
| 20120185408 | CREATING AND MAINTAINING A PAYOUT-READY PORTFOLIO WITHIN AN INVESTMENT PLAN TO GENERATE A SUSTAINABLE INCOME STREAM - Financial advisory methods and systems for creating a steady lifetime income stream within an investment plan is provided. According to one embodiment, based on an investor's current holdings in the investment plan, a pattern of periodic cash payouts is identified that can be made to the investor from an in-plan payout program implemented with the limited universe of financial products available within the investment plan. The assets of the investment plan are rebalanced to form a payout portfolio and an equity exposure portfolio. The payout portfolio is constructed to create an annuity-like stream of income to support the pattern of periodic cash payouts and includes multiple bond funds. The equity exposure portfolio is constructed to address inflation risk by providing an ability to rise with equities markets. Finally, a periodic cash payout of the pattern of periodic cash payouts is caused to be paid to the investor from the investment plan. | 07-19-2012 |
| 20120185409 | Systems and Methods for Securitizing the Revenue Stream of a Product - Systems and methods for securitizing the revenue stream of a product are disclosed. A system for securitizing the revenue stream of a product includes a primary market allowing a company to sell a percentage of the revenue of a product of the company to an investor, wherein the percentage of revenue stake in the product comprises issued shares; the bundling of the issued shares into various investment products; a secondary market providing liquidity for issued or bundled shares allowing the investor to trade these shares or bundles; retail market where these sales take place; wherein a transfer of the issued share from the company to the investor provides financial capital for the company without relinquishing an ownership stake in the company itself, and wherein when the product is sold, the investor is entitled to a percentage of revenues generated by sales of the product according to the issued shares. | 07-19-2012 |
| 20120185410 | Platform for Valuation of Financial Instruments - A machine-based method includes recording, by one or more computers, a first model for use in valuing a financial instrument in a financial market, publishing by the one or more computers the first model to systems of a group of users, receiving by the one or more computers review information pertaining to the first model resulting from publishing the first model and recording, at the one or more computers, a second model derived from the first model based on received review information and the associated data. | 07-19-2012 |
| 20120185411 | SYSTEMS AND METHODS FOR DETERMINING AN EARNINGS PORTION OF A DISTRIBUTION FROM A 529 PLAN - A method for determining an earnings portion of a distribution from a 529 plan. The method includes receiving information associated with a plurality of 529 plan accounts, identifying related 529 plan accounts, aggregating the information for related 529 plan accounts, and determining an earnings portion of a distribution from at least one of the 529 plan accounts. | 07-19-2012 |
| 20120191626 | Methods and Systems for Generating a Forward Implied Variance Index and Associated Financial Products - The FIVI may generate and manage forward-variance-sensitive financial indices and the associated portfolios of investment vehicles underlying them, as well as for construct tradable financial products based on the values of those indices. The FIVI may generate one or more indices reflective of a one-period (e.g., one-month) forward starting variance, which may provide exposure to implied volatility without significant exposure to realized volatility. The FIVI may replicate forward variance of an index by maintaining a portfolio of call and put options which may further employ delta-hedging. Maintenance of FIVI portfolios may further employ rolling, ongoing and/or periodic rebalancing. | 07-26-2012 |
| 20120191627 | STATE-BASED TRADING MANAGEMENT SYSTEM AND METHOD - The present invention discloses a state-based trading management system and method. Said trading management system divides each product into at least one type of state(s) to trade. There is one trading strategy relative to each state, including: at least one asset allocation module (model) which provides the ratio of each asset class to the state strategy module (model), and at least one state strategy module (model) performing the relative trading strategies in each state. The said asset allocation module (model) allows supervision from the user or the system itself. | 07-26-2012 |
| 20120197817 | Basket Option Hedging Method - A method and system for hedging a correlation risk associated with a basket option that includes a plurality of securities that includes the step of selecting at least two of the plurality of securities and, in the next step, forming a best-of option for the at least two of the plurality of securities. Finally, the best-of option is combined with the basket option to hedge the correlation risk associated with the basket option. | 08-02-2012 |
| 20120197818 | MANAGEMENT OF GOALS AND RECOMMENDATIONS - A particular method includes identifying a financial planning objective for a financial planning client and creating a financial planning goal for the financial planning client based at least in part on the financial planning objective. A financial planning recommendation is associated with the financial planning goal, and data identifying the financial planning goal and the financial planning recommendation is stored in a data store. The method also includes monitoring activity of the financial planning client and at least one other financial planning client to detect a financial planning trend. In response to the detected trend, a financial planning product is selected for potential incorporation into subsequent recommendation(s). | 08-02-2012 |
| 20120203709 | MANAGING SECURITY HOLDINGS RISK DURING PORTFOLIO TRADING - The present invention provides methods and systems for managing short-term risk to a portfolio of securities holdings while executing an outstanding trade list. The methods and systems may include steps of determining covariances between securities in the outstanding trade list and securities in the portfolio of holdings; receiving a risk variable, at least one constraint on the execution of a trade, and a proposed quantity representing a portion of said outstanding trade list desired to be executed at a particular time; and determining an immediately executable trade list based at least in part on the covariances and risk variable. The executable trade list must satisfy all of the trade constraints and also must be substantially equal to or less then the proposed quantity. | 08-09-2012 |
| 20120203710 | SYSTEM AND METHOD OF MANAGING AN INVESTMENT ON BEHALF OF AN INVESTOR - A method and a system for managing an investment on behalf of an investor includes a monitoring module to monitor the performance of an investment over a period of time, the investment being an investment managed by an investment manager on behalf of an investor. A comparator module compares the performance of the investment with the performance of other similar types of investments for the period of time and a booster module to determine an extra payment from the investment manager to the investor in the event that the performance of the investment is not as good as the performance of the other similar types of investments for the period of time. A payments module effects the extra payment from the investment manager to the investor. | 08-09-2012 |
| 20120203711 | SYSTEM AND METHOD OF MANAGING AN INVESTMENT ON BEHALF OF AN INVESTOR - A method and system for managing an investment on behalf of an investor includes a monitoring module to monitor the performance of an investment over a period of time, the investment being an investment managed by an investment manager on behalf of an investor. A comparator module compares the performance of the investment with the performance of other similar types of investments for the period of time and a fee performance module determines a fee refund payment to the investor in the event that the performance of the investment in the period of time falls by a predetermined level below similar funds ranked by performance. A payments module effects the extra payment from the investment manager to the investor. | 08-09-2012 |
| 20120209789 | METHOD AND SYSTEM FOR USING CREDIT LINES TO ENHANCE THE DURABILITY OF SECURITIES PORTFOLIOS - A system and method for determining a desirous funding source and/or sources based upon at least one of user information, home information and portfolio information, wherein said desirous funding source(s) is/are based, at least in part, upon maximization of a user's assets. | 08-16-2012 |
| 20120209790 | PROCESS FOR VERIFIABLY COMMUNICATING RISK CHARACTERISTICS OF AN INVESTMENT PORTFOLIO - Offered is a process for verifiably communicating risk characteristics of an investment portfolio to an investor without disclosing the exact composition. An investment manager may describe acceptable characteristics of a portfolio within the portfolio's prospectus and may cryptographically commit to the contents without disclosing the exact composition. Risk statistics may be calculated concerning the limitations specified in the prospectus regarding acceptable configurations of assets holdings without disclosing the exact composition. Cryptographic means may be provided to prove that portfolio holdings are within ranges specified in the prospectus. One or more third parties may participate in the protected verification. | 08-16-2012 |
| 20120209791 | SYSTEM FOR PROVIDING A TAILORED INVESTMENT OPTION FOR APATHETIC INVESTORS - An investment system for collecting, adjusting, monitoring and directing data from beneficiaries, customers, superannuation member accounts (investors) where the investor has not made any direction or indication of the third party controlling entity in regards to the investment option, style or type. The system computes a matrix of hurdle levels (potential goals or targets) across the whole pool of eligible investors and sets glide paths (percentage of growth of assets at different stages of the investment) for each of the hurdles. The system automatically provides asset allocations and advice to individual investors and provides asset allocations and advice to third party entities such as a trustee organisation managing investors' funds. | 08-16-2012 |
| 20120215716 | Financial Instrument Transferable from an Employer to an Employee - According to one embodiment, a method for administering a financial instrument includes storing a balance of an employee retirement plan account created for an employee and owned by an employer of the employee. The employee retirement plan account includes one or more variable investments. The balance of the employee retirement plan account is based, at least in part, on an initial deposit into the employee retirement plan account from a deduction from wages paid by the employer to the employee. The method also includes storing a minimum positive growth rate. The method further includes updating the stored balance of the employee retirement plan account based on market performance of the one or more variable investments. The method further includes calculating a protected value, and, upon occurrence of one or more events, transferring ownership of the employee retirement plan account from the employer to the employee. | 08-23-2012 |
| 20120215717 | USING ACCOUNTING DATA BASED INDEXING TO CREATE A PORTFOLIO OF FINANCIAL OBJECTS - A system, method and computer program product creates an index based on accounting based data, as well as a portfolio of financial objects based on the index where the portfolio is weighted according to accounting based data. A passive investment system may be based on indices created from various metrics. The indexes may be built with metrics other than market capitalization weighting, price weighting or equal weighting. Non-financial metrics may also be used to build indexes to create passive investment systems. Additionally, a combination of financial non-market capitalization metrics may be used along with non-financial metrics to create passive investment systems. Once the index is built, it may be used as a basis to purchase securities for a portfolio. Specifically excluded are widely-used capitalization-weighted indexes and price-weighted indexes, in which the price of a security contributes in a substantial way to the calculation of the weight of that security in the index or the portfolio, and equal weighting weighted indexes. Valuation indifferent indexes avoid overexposure to overvalued securities and underexposure to undervalued securities, as compared with conventional capitalization-weighted and price-weighted. | 08-23-2012 |
| 20120215718 | Computer Implemented System and Method for Aggregating, Analyzing and Distributing Information Corresponding to Retirement Plans - A computer implemented system and method for aggregating, analyzing, and distributing information corresponding to retirement plans offered to users have been disclosed. The system includes a database adapted to store at least authentication credentials and payroll information corresponding to users. The system includes a configuration module adapted to configure the retirement plans based on pre defined rules. The retirement plans are offered to users subsequent to determining, based on the payroll information corresponding to users, whether the users are eligible for a retirement plan. The users who have been identified as eligible are automatically enrolled onto the retirement plan via an enrollment module. The system also enables the users to initiate investment transfers including transfer of investments between various plans, reallocation of investments within the same plan and rebalancing of investments within the same plan. | 08-23-2012 |
| 20120215719 | Systems and Methods for Creating, Modeling, and Managing Investment Indexes Based Upon Intrinsic Values - Methods and systems for determining respective intrinsic values associated with a plurality of entities corresponding to respective securities, wherein the respective intrinsic values are determined based upon estimates relating to future growth or future profitability for each respective entity and further weighting the securities in an investment index, wherein the securities are weighted based at least in part upon the respective intrinsic values. | 08-23-2012 |
| 20120215720 | SYSTEM AND METHOD FOR FACILITATING CONNECTIONS AND COMPLIANCE INVOLVING SERVICE PROVIDERS IN THE SECURITIES INDUSTRY - The present invention generally relates to facilitating connections and compliance between individuals, business entities and service providers in the securities industry. Specifically, this invention relates to a system and method for facilitating the virtual connection of service providers in the securities industry with broker dealers, registered investment advisory firms private equity groups, hedge funds, other service providers and consultants through a computer based system that processes related communications and data via one or more networks and may be delivered to a user through one or more computing devices. | 08-23-2012 |
| 20120215721 | SYSTEMS AND METHODS FOR ONLINE SECURITIZATION OF ILLIQUID ASSETS - A system for online securitization of illiquid assets is disclosed. The system includes a physical storage media storing instructions for administering online securitization of illiquid assets and a processor. The processor is configured to execute the instructions for performing a method of receiving, over a network and from an owner of an illiquid asset, information relating to the illiquid asset. The processor is further configured for analyzing the information relating to the illiquid asset; securitizing the illiquid asset; generating an offer for purchasing an interest in the illiquid asset. The processor is further configured for transmitting the offer to an investor over the network; receiving payment from the investor, the payment being provided in consideration for the interest in the illiquid asset; and executing a transaction to transfer the interest in the illiquid asset to the investor. | 08-23-2012 |
| 20120215722 | COMPUTER MANAGED RETIREMENT FUND AND METHOD FOR GENTERATING INCREASED REVENUE STREAM - A retirement fund program managed by computer software requiring an initial fixed investment and producing an ever increasing revenue stream to a group of participant investors organized by life expectancy and grouped into an investment partnership. A financial portfolio is created from the monies invested by each investor and is used to manage high quality securities to generate income for the partnership. Periodically, the surviving members of the partnership are entitled to receive the revenue generated from the portfolio, which statistically will increase as fewer participant investors survive. The partnership can purchase term life insurance on each participant investor, so that the initial investment can be returned to the estate of a participant investor if the participant investor becomes deceased during the program. Upon termination of the program, all remaining assets will be distributed pro rata among the living participant investors of the investment partnership. | 08-23-2012 |
| 20120221481 | System and Method for Variable Annuity Financial Product Illustrations - System and methods for variable annuity financial product illustrations are provided. A computer system generates user interface screen(s) allowing the user to specify information about a variable annuity financial product to be illustrated, and a desired start date for a financial illustration. An illustration server receives the information and desired start date from the computer system. Historical performance data relating to at least one portfolio of the variable annuity financial product is obtained, and the variable annuity financial product is modeled to produce a first illustration for the variable annuity financial product. The variable annuity financial product is also modeled with a benefit associated with the variable annuity financial product, to produce a second illustration for the variable annuity financial product. An illustration report is created, allowing the user to compare performance of the variable annuity financial product during the illustration period with and without the benefit. | 08-30-2012 |
| 20120221482 | Methods and Systems for Creating and Trading Derivative Investment Products Based on a SKEW Index - Systems and methods for creating and disseminating a SKEW index based on a statistical property reflecting the skewness of an underlying asset and creating and trading derivative investment products based on the SKEW index are disclosed. In one aspect, a SKEW index associated with an underlying asset is calculated. The SKEW index is accessed and a SKEW derivative is created based on the SKEW index. Information associated width the SKEW derivative is then transmitted for display. | 08-30-2012 |
| 20120221483 | SINGLE-POT MARGINING WITH DIFFERING LIQUIDATION PERIODS - A computer-implemented method for determining a margin for a clearinghouse member position including both securities and derivatives. One example method includes receiving data at a margin calculation computer server on a securities position maintained by a clearing member and a derivatives position maintained by the clearing member. The method may further include calculating using the margin calculation computer server a single margin requirement for the member for both the securities position and the derivatives position using a first liquidation period for the securities position and a second different liquidation period for the derivatives position in the calculation of the margin requirement. | 08-30-2012 |
| 20120221484 | DIVERSIFICATION MEASUREMENT AND ANALYSIS SYSTEM - This disclosure details methods for measuring and analyzing diversification of portfolio of assets. A dimension is a logical and quantitative means to measure diversification. As the number of dimensions increases so does diversification. Strong asset correlations among each other detract from the notion of independence. A positive correlation increases risks and is therefore undesirable. Assets are embedded into a high dimensional Euclidean vector space. The entire portfolio is interpreted as a set of points whose ambient dimension is the number of assets in the portfolio. The Karhunen-Loève expansion is used to quantify the KL dimension of the geometric object induced by a portfolio. The associated dimension is taken as the measure of diversification accounts for both the number of assets and the commonality within them. This ensures that measuring diversification as a dimension accounts for the complete diversification affect of the portfolio and is thus a valuable portfolio management tool. | 08-30-2012 |
| 20120221485 | METHODS AND SYSTEMS FOR RISK MINING AND FOR GENERATING ENTITY RISK PROFILES - A computer implemented method for mining risks includes providing a set of risk-indicating patterns on a computing device; querying a corpus using the computing device to identify a set of potential risks by using a risk-identification-algorithm based, at least in part, on the set of risk-indicating patterns associated with the corpus; comparing the set of potential risks with the risk-indicating patterns to obtain a set of prerequisite risks; generating a signal representative of the set of prerequisite risks; storing the signal representative of the set of prerequisite risks in an electronic memory; and aggregating potential risks linked to an entity to an entity risk profile (ERP). A computing device or system for mining risks includes an electronic memory; and a risk-identification-algorithm based, at least in part, on the set of risk-indicating patterns associated with a corpus stored in the electronic memory. | 08-30-2012 |
| 20120221486 | METHODS AND SYSTEMS FOR RISK MINING AND FOR GENERATING ENTITY RISK PROFILES AND FOR PREDICTING BEHAVIOR OF SECURITY - A computer implemented method for mining risks includes providing a set of risk-indicating patterns on a computing device; querying a corpus using the computing device to identify a set of potential risks by using a risk-identification-algorithm based, at least in part, on the set of risk-indicating patterns associated with the corpus; comparing the set of potential risks with the risk-indicating patterns to obtain a set of prerequisite risks; generating a signal representative of the set of prerequisite risks; storing the signal representative of the set of prerequisite risks in an electronic memory; aggregating potential risks linked to an entity to an entity risk profile (ERP); and predicting a movement in a security associated with an entity. | 08-30-2012 |
| 20120221487 | SYSTEM AND METHOD FOR PROCESSING DATA RELATING TO ANNUITIES - A system for administering an insurance account includes a processor; a memory in communication with the processor; the processor being adapted to: access data indicative of a value of an index calculated based on a formula including as factors prices of individual equity securities; access data indicative of dividend yield; access data indicative of an asset value of an insurance account having a value based on the index; determine an updated asset value of the insurance account based on change in the index and on the dividend amount paid; store the determined updated asset value in the memory; and provide an output signal indicative of the determined updated asset value. | 08-30-2012 |
| 20120221488 | Distribution of Market Data - Systems and methods are provided for communicating and processing market data. The market data may comprise quotes, orders, trades and/or statistics. A messaging structure allows for adding, re-ordering and/or expanding data, within the printable character set of any language. One or more delimiters are defined and used to delimit data elements within the message structure. The data is interpreted based on templates which may be disseminated prior to the sending of messages and used as an abstraction so that the meaning of data need not be conveyed in the message. | 08-30-2012 |
| 20120221489 | Methods and Systems for Providing Partially Redeemable Offering Notes - In one aspect, the invention comprises a method comprising: (a) creating a partially redeemable offering note; (b) pricing the note; (c) issuing the note; and (d) redeeming the note. In another aspect, the invention comprises a method comprising: (a) buying a partially redeemable offering note issued by an issuer; and (b) receiving a first payment from the issuer for a first fraction between 0 and 1 of a notional amount of the note. In another aspect, the invention comprises a note with terms comprising: (a) a notional amount; (b) a schedule of two or more redemption dates; and (c) options for redeeming a percentage of the notional amount on at least two of the two or more redemption dates. | 08-30-2012 |
| 20120226628 | Mathematical model of holographic natural K-line and its application to technology analysis for securities - The present invention relates to the stock and securities technology analysis field and discloses a mathematical model of holographic natural K-line and its graph technology index. It takes the closing price of yesterday as comparison reference, and is relatively stable and well connected, which is a scientific stock price changing expression that follows the order of nature, traditional culture and thinking habit. It scientifically defines the yin and yang nature of K-line relative to the closing price of yesterday, correctly reflects the gaming process and power change of buyer and seller. It solves the problem of illegibility, loose, and misguidance of the traditional K-line with opening price as reference, expands the definition and theory of the traditional K-line, and is easy to learn and operate with more abundant information concise graph and more dynamic sense. It provides scientific core stock price graph index and good foundation for stock technology analysis, and can widely applied to the analysis for securities such as stock and futures. | 09-06-2012 |
| 20120226629 | System and Method For Multiple Frozen-Parameter Dynamic Modeling and Forecasting - A system and method is disclosed for determining multiple frozen-parameter dynamic modeling and forecasting of future data values from data values in a data set. Model parameter values are dynamically updated utilizing a time-varying system property, and an updated model is optimally evolved that takes into account the structural changes that may have influenced the actual process, thereby yielding a superior modeling capability. The resultant model is updated in a closed-loop manner. In one exemplary embodiment, the data set comprises financial portfolio data. In another exemplary embodiment, the data set comprises seismic data. | 09-06-2012 |
| 20120226630 | COMPUTER ARCHITECTURE AND PROCESS FOR PROTECTIVE INCOME MANAGER - Computer systems and computer implemented methods are provided for issuing and administering a variable annuity product that maximizes income for covered person(s) by distributing substantially all annuity contract value by the maximum annuity date, and for implementing allocation adjustment in conjunction with the variable annuity product or another insurance product. | 09-06-2012 |
| 20120226631 | Method of Administering an Investment Fund - A method of administering an investment fund using a computer. The method includes the steps of creating shares for sale, providing a managed distribution schedule identifying a number of payments to be provided during each of consecutive periods, providing an investment strategy for investing in assets to provide funds sufficient to meet the managed distribution schedule, issuing a share to an investor in exchange for funds received from the investor, investing the received funds according to the investment strategy, calculating the value of each of the payments to be provided according to the managed distribution schedule in a period to the investor, and providing each of the payments to the investor during the period. Mutiple embodiments relate to methods for calculation and sourcing of each payment. | 09-06-2012 |
| 20120226632 | STOCK PURCHASE INDICES - A method and system for determining investor participation driven stock purchase indices. Raw customer trading data is received from an accounting system. The raw customer trading data is then aggregated to generate daily transaction total counts for all stocks (that is, total shares bought and sold, total market value, etc.) as well as daily transaction total counts for each individual stock. Aggregation of the raw customer data also addresses customer privacy concerns. The aggregated data is processed to produce moving averages, stock purchase indices, and stock rankings. The stock purchase indices are based on a diffusion index technique of segregating buyers from sellers, and with these relative counts, measures the breadth of investor purchasing participation. The stock purchase indices are then displayed to a graphical user interface. The display includes stock buy and sell ranking lists. | 09-06-2012 |
| 20120226633 | STOCK PURCHASE INDICES - A method and system for providing a stock purchase index is provided. The system receives raw customer trading data. The raw customer trading data is segregated into buy and sell data per CUSIP to determine a number of buy CUSIP shares, a number of sell CUSIP shares, a total buy CUSIP market value, a total sell CUSIP market value, a total number of buy accounts, and a total number of sell accounts. The sorted data is processed to produce a stock purchase index report, wherein the stock purchase index report is a sell weighted index. The sell weighted index is then displayed in the stock purchase index report. | 09-06-2012 |
| 20120226634 | Automatic Mapping And Allocation Of Beneficial Interests In Trusts For Portfolio Analysis - The present invention relates to analysis of trusts that have multiple beneficiaries whose interests mature in different time periods or under different conditions. In particular, we disclose automatic mapping of interests in one or more trusts, optionally subject to user confirmation, to long and short positions in financial or derivative interests that have expected payouts and costs that can be offset against underlying trust assets. The underlying assets and long and short positions in the mapped instruments can be attributed to various beneficiaries and subjected to various risk and investment analyses. | 09-06-2012 |
| 20120233088 | SYSTEM AND METHOD FOR PROVIDING INCOME PAYMENTS TO AN INVESTOR - In at least one embodiment computerized methods and corresponding systems for providing guaranteed income payments to an investor are provided that include the step or steps of: receiving information from the investor representing at least a current age of the investor, a desired income start date, a desired income payment amount, and a premium payment amount; receiving a premium payment from the investor and placing the premium payment into a first investment sleeve; and automatically transferring using at least one computing device, during a waiting period and according to a predefined event, a portion of the premium payment from the first investment sleeve to a second investment sleeve, wherein the portion of the premium payment transferred calculated by the at least one computing device as a function of a time remaining in the waiting period and the desired income amount. | 09-13-2012 |
| 20120233089 | PRESENTING INVESTMENT-RELATED INFORMATION ON A MOBILE COMMUNICATION DEVICE - Methods, systems, computer programs are described that provide for presenting investment-related information in conjunction with display of a live video stream that includes the related publicly traded or privately held business entity or an object associated with the business entity. Business entities or the objects associated with the business entities that are proximate to a mobile communication device may be identified via object recognition techniques, product codes, wireless communication, location determination or the like. Once the business entities or objects have been identified, the related investment information is retrieved and indicators are displayed in the live video stream proximate to the display of the business entity or an object associated with the business entity. The user can activate the indicator to receive further investment-related information or be connected to an online investment broker for the purpose of purchase stock or some other form of investment instrument associated with the business entity. | 09-13-2012 |
| 20120233090 | INVESTMENT PORTFOLIO ANALYTICS SYSTEMS AND METHODS - Methods and systems may be used to provide information regarding investment holdings using point-of-sale (POS) data. To do so, POS datasets are aggregated from a plurality of POS terminals. Market data sets are identified from the POS datasets corresponding to a given market. Market trend data is generated from the market dataset, and an investment holding is identified whose price is related to an aspect of the market trend data. An analysis of the market trend data is performed to determine an estimated future price of the investment holding. | 09-13-2012 |
| 20120233091 | SYSTEMS AND METHODS FOR PROVIDING MIGRATION AND PERFORMANCE MATRICES - Systems and methods are provided for computing migration and performance matrices. The matrices may provide risk and performance data, as well as different views on the data useful for making and monitoring investment decisions. The migration and performance matrices may bring together data to reflect information on the likelihood that a rated entity will change its current rating within a given time period, information reflecting retention rates, and information describing the effect of changed exchanged rates on different data, for example. | 09-13-2012 |
| 20120233092 | METHOD AND APPARATUS FOR PROVIDING RETIREMENT INCOME BENEFITS - A computerized method and system for administering an unannuitized annuity plan having a guaranteed minimum withdrawal payment feature associated with a systematic withdrawal program includes the steps of and system for storing data, determining an amount of a maximum guaranteed withdrawal payment for a prescribed period (e.g., one year), periodically determining the account value, monitoring for an unscheduled withdrawal made under the plan and adjusting the amount of the maximum guaranteed withdrawal payment in response to the unscheduled withdrawal. Guaranteed withdrawal payments are periodically made to the account owner so long as withdrawals do not exceed the maximum guaranteed amount for the period, or the account value is greater than the payment. | 09-13-2012 |
| 20120233093 | ADJUSTABLE DERIVATIVE SECURITIES AND METHOD FOR ADJUSTING THE VALUE OF SAME DUE TO A CORPORATE EVENT - The claimed invention relates to an adjustable derivative contract. Particularly a method and system for adjusting the derivative contract to account for time value of money due to an occurrence of a corporate event that affects the value of the derivative contract. The claimed method and system allocates distributions amongst different derivative contracts, each derivative contract representing a different economic interest of at least two shares of an underlying security. The claimed invention uses the concepts of present and future values to value derivative contracts in order to more fairly and accurately represent the interests of the various holders of such derivative contracts upon the occurrence of a corporate event affecting the value of these derivative contracts. | 09-13-2012 |
| 20120239591 | METHOD OF CALCULATING THE MARKET VALUE OF INDIVIDUAL PATENTS WITHIN A PATENT LANDSCAPE - A method for deriving patent market value estimates within a patent landscape utilizing a relative metric score for all patents in the landscape, calibrating said market values by using a percentage of the known market values of patent portfolio owners, for example publicly traded companies with known patent portfolios. This method is based on the premise that the patents owned by said entities contribute to the market values of these entities, and describes a complete end-to-end process for estimating the market values for all patents within a patent landscape. This method also includes a set of steps useful for estimating the amount of revenue some patents may generate. | 09-20-2012 |
| 20120239592 | CODE GENERATION BASED ON SPREADSHEET DATA MODELS - Disclosed herein are processor-executable methods, computing systems, and related technology for the generation of software code based on spreadsheet data models. A spreadsheet data model may be parsed, and an intermediate representation may be generated based on the spreadsheet data model. Software code may be generated based on the intermediate representation. The software code may be in a high-level language such as C or C++, or in any other appropriate language. Alternatively or additionally, the software code may include the use of General Purpose Computing On Graphics Processing Units (GPGPU) technology. The software code may be compiled, and then executed to obtain results data. | 09-20-2012 |
| 20120239593 | FINANCIAL SYSTEM AND METHOD - The present invention relates to a data processing method and system for predicting income derived from an anticipated future benefit (Horizon Gain), wherein the system comprises: (a) registration means for registering a borrower in a first database and for registering characteristics a lender in a second database; (b) first automated means for inputting values to a first database; (c) automated means for generating databases as necessary populated with values for one or more selected future time divisions for the borrower's asset over one or more AD's before optimisation, the values being calculated according to a predetermined formulae; (d) visual display means to represent predicted income derived from the anticipated future benefit; (e) automated means for responding to a redemption event by determining the value of a payment to the lender that is the greater of (i) an agreed proportion of appreciation of the asset (HGAV), or (ii) qualifying outgoings (QO). | 09-20-2012 |
| 20120246094 | SYSTEM, METHOD & COMPUTER PROGRAM PRODUCT FOR CONSTRUCTING AN OPTIMIZED FACTOR PORTFOLIO - A system, method or computer program product for electronically constructing data indicative of an investible risk factor portfolio is disclosed. The method may include: constructing, by a processor(s), data indicative of an optimized factor portfolio, which may include: receiving data about a plurality of monthly returns for multiple years for a universe of asset classes; receiving data about investment returns; extracting a plurality of orthogonal risk factors, at least one factor characteristic, and an asset class-factor translation matrix by principal component analysis (PCA) from the data about the universe of asset classes; and optimizing to determine the optimized factor portfolio; constructing an investible custom mimicking portfolio based on the optimized factor portfolio, and any portfolio constraints, or any portfolio specifications, may include rebuilding using the asset class-factor translation matrix and an optimization process based on investment returns; and providing data indicative of the custom mimicking investible portfolio. | 09-27-2012 |
| 20120246095 | Resampled Efficient Frontiers for Portfolios with Derivative Overlays - Computer-implemented methods for constructing a risk-return optimal allocation to a set of assets, where a subset of the assets is at least partially insured or modified by the addition of derivative securities. The methods entail resampling a plurality of sets of returns consistent with a return distribution for each asset, with at least one asset modified by a derivative overlay, subject to terms of at least one contract requirement. A statistical mean of associated optimal portfolios is established, generating a resampled efficient frontier, on the basis of which a portfolio weight is selected for each asset according to a specified risk objective. | 09-27-2012 |
| 20120246096 | Clearing System That Determines Margin Requirements for Financial Portfolios - Methods, systems and apparatuses are described for calculating a performance bond amount for a portfolio including interest rate swaps. A risk calculation module (or risk processor) may assist in the calculation. In some examples, values, such as swap (DV01) dollar values and volatility values, and adjustments/factors, such as calendar charge adjustments and liquidity charge minimums, may be used to enhance the margin calculation. These values may be maintained and updated in various ways, including but not limited to, lookup tables, matrices, and other structures. The margin calculations may be used by an exchange or clearinghouse to request a portfolio holder to deposit additional funds towards a performance bond associated with the portfolio. | 09-27-2012 |
| 20120254062 | Index Based on Temporally Staggered Value Samples - Weights may be applied to temporally staggered value samples associated with a market item. Based on the weighted temporally staggered values, a value for an index is calculated. The calculated index value can then be output and used for any of a variety of purposes. | 10-04-2012 |
| 20120254063 | RESEARCHING EXCHANGE-LISTED PRODUCTS USING SENTIMENT - A metric, such as price, is estimated for an exchange-listed product based on public sentiment regarding the exchange-listed product. A system for estimating a metric for an exchange-listed product receives data from an external server. The data may be received from a social media website, and may represent user-generated data in natural language form. The system identifies a portion of the data and determines whether the portion represents a positive sentiment or a negative sentiment. The system estimates a metric for the exchange-listed product based on the sentiment represented by the data. The system may combine the metric based on sentiment with other metrics to create an averaged metric. The other metrics may be obtained using analyst consensus estimates as well as technical analyses of market information for the exchange-listed product. | 10-04-2012 |
| 20120254064 | STRATEGY MARKET BAROMETER - The present invention is directed to an alternative method for gauging market participant behavior, which is identified herein as “Market Barometer.” In one embodiment, Market Barometer is based on the recent performance ranks of particular equity strategy indices as compared to their historical ranks. Significant deviations from historical ranks is a predictor of market performance over subsequent near term time periods, for example, a subsequent month and, in turn, these deviations can be used to estimate the current market expected return. Empirical tests reveal that expected market returns vary over time in line with Market Barometer readings. | 10-04-2012 |
| 20120254065 | METHOD OF OPERATING A VENTURE BUSINESS - A method of operating a venture capital investment business, including establishing a business entity that establishes an investment fund and a fund managing entity thereof that attends to administrative matters relating thereto and makes investment decisions for the fund. The investment fund has investors that with the fund managing entity provide capital contributions to the fund that the fund utilizes to invest in portfolio entities. The investors receive a general participation interest in the fund, and the fund managing entity receives a carried interest in the fund. Investors provide at least a threshold capital contribution to the fund with stock rights in the business entity to enable such investors to become shareholders in the business entity. The business entity secures a portion of IPO shares that become available in the portfolio entities. The business entity enables shareholders thereof to purchase IPO shares that become available in the portfolio entities. | 10-04-2012 |
| 20120254066 | METHODS AND APPARATUS FOR VALUING MORTGAGE LOAN PORTFOLIOS - The system and methods disclosed herein are directed to valuing, comparing, and projecting mortgage loan portfolios based on residential real estate. The disclosed system enables portfolio managers to efficiently and accurately evaluate mortgage loan portfolios based on residential real estate. In one embodiment, a user can run detailed scenarios and then review comprehensive results of scenario runs using interactive tabs. The user can modify scenarios, assumptions, and individual parameters on the fly. The system provides aggregated information about a selected portfolio, as well as loan level information, from the same application. | 10-04-2012 |
| 20120254067 | System and Method for Identifying Accounting Anomalies to Help Investors Better Assess Investment Risks and Opportunities - A system and method of identifying accounting anomalies to assess investment risks and opportunities. The steps include receiving company data and criteria metrics, and evaluating the company data in view of the criteria metrics to produce a performance indicator. Information, such as an easily read visual flag is provided to a client identifying the performance indicator. | 10-04-2012 |
| 20120254068 | SYSTEMS AND METHODS FOR CHECKING MODEL PORTFOLIOS FOR ACTIVELY MANAGED FUNDS - The invention provides systems and methods for checking portfolios used to model the behavior of actively managed funds to facilitate intra-day trading of actively managed exchange traded funds (AMETFs) without revealing the fund assets. The invention also provides exchange traded notes based on an underlying actively managed fund without revealing the fund assets. | 10-04-2012 |
| 20120254069 | SYSTEM FOR IMPLEMENTING A SECURITY ISSUER RIGHTS MANAGEMENT PROCESS OVER A DISTRIBUTED COMMUNICATIONS NETWORK DEPLOYED IN A FINANCIAL MARKETPLACE - A computer-network implemented system recognizes that (i) the security issuer retains (i.e. withholds) the right to lend a debt or equity security prior to security issuance, and (ii) the system allows security borrowers to request from the security issuers, through the system, the right to borrow the non-borrowable security from the security issuer, according to borrowing/lending rates and time periods set by the security issuer with the system, so that (iii) security borrowers can then acquire the right to lend the non-borrowable security from the security issuer, and thereafter, (iv) security borrowers can sell the non-borrowable security short in the financial marketplace and profit from a short sale, without adversely effecting the security issuer. | 10-04-2012 |
| 20120254070 | FAIR VALUE MODEL BASED SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR VALUING FOREIGN-BASED SECURITIES IN A MUTUAL FUND - A system for determining fair value prices of financial securities of international markets includes selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and producing each calculated return factor coefficient in a data stream. | 10-04-2012 |
| 20120259795 | FIXED INCOME INSTRUMENT YIELD SPREAD FUTURES - A futures contract and method of computing a settlement price thereof are disclosed that enables a market participant to shed or acquire financial exposure in a conventional bond spread, in the form of single futures contract, rather than as a bona fide spread requiring active management of distinct long and short component bond positions, e.g. legs. The notional financial exposure of the futures contract is sized, not in terms of notional amounts/quantities of assets represented in the components of the futures contract's reference spread, but rather in terms of the pecuniary value of one basis point (i.e., 0.01 percent per annum) of the spread between yields to maturity for each of the components of the futures contract's reference spread. Effectively, the spread between the yields is defined inversely, i.e. the price per increment of spread is fixed whereas the quantities/notional amounts of reference bonds and the spread between them are not. | 10-11-2012 |
| 20120259796 | SYSTEM AND METHOD FOR OPTIMIZING COLLATERAL MANAGEMENT - A computer-implemented system and method for managing collateral allocations associated with Tri-Party repurchasing agreements and a collateral allocation system includes one or more processors and memory/database configured to store user-definable rulesets and collateral characteristics relating to the Tri-Party repurchasing agreements. A collateral allocation module recalls collateral from the Tri-Party repurchasing agreements to a common Dealer Box, and reallocates the collateral to the Tri-Party repurchasing agreements utilizing a self organizing map, so as to minimize margins to reduce over-collateralization and/or undercollateralization. Other considerations, such as basket identifiers and cost of carry considerations may be weighed in the reallocation as well. | 10-11-2012 |
| 20120259797 | METHOD AND APPARATUS FOR INVESTMENT STRATEGIES DERIVED FROM VARIOUS RESEARCH METHODOLOGIES AND EXTRACTIONS - The present invention provides a computer based apparatus and methodology for generating investment strategies for individuals by using a variety of research and screening methodologies to extract investment tools and data from publicly available data basis, while also utilizing computerized search skills, this business model looks to improve on investment methods currently offered by brokers and registered investment advisors. Several modules are provided that perform certain analyses based on information from the investor as well as other sources. Each module can be used as a stand-alone unit or can share information and prepare aggregate reports to the investor. | 10-11-2012 |
| 20120259798 | Scanning Based Spreads Using a Hedge Ratio Non-Linear Optimization Model - The disclosed embodiments utilize hedge ratios to determine the optimal hedge ratio and associated scanning spread. This tells traders what ratios of the quantities of products they should have in their portfolio in order to maintain the status of the portfolios as delta neutral, i.e. be delta hedged, and receive optimal margin credits therefore. | 10-11-2012 |
| 20120259799 | METHOD AND SYSTEM FOR PROCESSING DATA RELATING TO INVESTMENT PRODUCTS HAVING A PAYMENT GUARANTEE - A computer system for processing data relating to an investment arrangement having an account value dependent on investment performance and available for withdrawal by an account owner includes a data storage device storing data indicative of a present account value, a withdrawal factor value, a present payment base value, and a guarantee of payments available periodically for a term without reduction of the payment base value; and a processor. The processor is configured to, for periods after a first withdrawal, determine the present payment base value by comparing a present account value to a prior period account value, a periodic increase in the payment base value being limited to a maximum percentage; and determine an available maximum withdrawal without reduction of the payment base value based on the withdrawal factor value and a greater of the present account value and the present payment base value. | 10-11-2012 |
| 20120265708 | FINANCIAL PORTFOLIO MANAGEMENT SYSTEM AND METHOD - A financial portfolio management system operable in a network environment can be configured to gather financial information from a plurality of sources over an electronic network and intelligently aggregate the information into a financial portfolio viewable by a client. The client can determine which accounts should be included in the portfolio. The system uses web crawling, parsing, or spidering technology to update the portfolio information. The system provides one platform that conveys financial information from a variety of accounts held at several different financial institutions. | 10-18-2012 |
| 20120265709 | FINANCIAL RISK COVER ANALYSIS, MODELING CONTROL AND MONITORING SYSTEM - An automatic Financial Risk Cover configuration which receives returns behaviors connecting statistical behavior of each potential allocation of a submanager to a resultant statistical behavior of a Financial Risk Cover associated with a client portfolio, creates a total set of Financial Risk Cover configurations using genetic optimization processes to produce unpredictable variations of configurations, simulates and models each configuration in the total set against a set of potential or expected transient market events representative of a plurality of combinations of transient events, removes from the total set each configuration which fails to meet performance objectives during the modelling from the total set of configurations; and outputs each remaining configuration in the total set, wherein each configuration represents a plurality of investment instruments, each investement instrument being associated with an initial cash position. | 10-18-2012 |
| 20120271780 | TREASURY PRICING SALES TOOL - A method for providing a treasury pricing tool includes retrieving data from one or more source databases, initiating presentation, using a processing device, of a user interface configured to present some or all the data to a user, receiving input regarding a product pricing recommendation, presenting, via the user interface, one or more reports configured to assist the user in making a final determination regarding product pricing, and receiving user input regarding a final product pricing recommendation. In some embodiments, the data may include product pricing data, risk data, credit data, profitability data and/or liquidity data. In some embodiments, the method also includes communicating the final product pricing recommendation from the user to a second user and receiving, from the second user, approval for the final product pricing recommendation. | 10-25-2012 |
| 20120271781 | STOCHASTIC CONTROL SYSTEM AND METHOD FOR MULTI PERIOD CONSUMPTION WITH GOAL SATISFACTION REPORTING - The present invention relates to dynamic optimization of system control over time. The need for dynamic optimization arises in many settings, as diverse as solar car power consumption during a multi-day race and retirement portfolio management. We disclose a reformulation of the control problem that overcomes the so-called “curse of dimensionality” and allows formulation of optimal control policies multiple period planning horizons. One optimal control policy is for power consumption by a solar car during a race, which involves many course segments, as course conditions vary through a day. Another is for risk in and consumption from a portfolio intended to support retirement. Both multi-period control policies take into account future uncertainty. Particular aspects of the present invention are described in the claims, specification and drawings. | 10-25-2012 |
| 20120278254 | Method for Creating Factor Indexes and Long/Short Index Products With Systematic Risk Management - An investment method and process used to create investment indexes that measure the difference between market segments, which such market segments may be in unrelated investment categories or within the same asset class, while simultaneously managing long/short portfolios that return the measured difference in the form of investible index products is disclosed. The three primary steps of the inventive investment method and process are: (1) to identify the desired risk factor for isolation for purposes of hedging existing risk, diversifying risk, or tactical investment in risk; (2) to create and calculate a Factor Index and develop underlying algorithms for intraday and end-of-period benchmarking; and (3) to design a Factor Index Product and implement a Factor Portfolio involving the isolation of the desired risk factor by establishing and maintaining a long exposure to one (or more) market segment(s) and a short exposure to one (or more) market segment(s). | 11-01-2012 |
| 20120278255 | METHOD AND SYSTEM FOR BUILDING AND MAINTENANCE WATCH LISTS - A method and apparatus for monitoring a items such as stocks and other securities, suitable for use in portable devices, such as personal organizers, wherein instead of separate watch lists, a pool of items being watched is maintained, and the total number of items which can be contained in the pool is intentionally limited to a predefined number, and further wherein each of the items in the pool includes an associated tag which defines a watch list to which it belongs, and the pool of the items being watched can be viewed simultaneously as one coherent collection, or specific watch lists can be displayed. | 11-01-2012 |
| 20120278256 | METHOD AND APPARATUS FOR INVESTING IN CREDIT FACILITY AND FOR CALCULATING FEE DISTRIBUTIONS - Disclosed is a computer implemented system by which investors may allocate securities to a Fund where they are used as collateral for offers of credit given by the Fund to borrowers. The value of each investor's Segregated Securities relative to the total Fund value determines the investor's percentage ownership in the Fund. In exchange for offers of credit, the Fund receives incremental Credit Facility Fees, which are paid out to investors as dividends in proportion to their percentage of ownership. The portion of the investor's Segregated Securities committed as collateral to a credit commitment determines the investor's percentage of commitment in the Fund. The Segregated Securities of each investor are managed by the investor or a third party manager at the investor's direction, even while segregated. Therefore, the real-time cash value of the Fund, ownership percentage, and commitments of each investor can change and are calculated by a computer system. | 11-01-2012 |
| 20120278257 | METHOD FOR FINANCIAL INSTRUMENT VALUATIONS BASED ON PRIMARY DATA AND MINIMUM BASE AVERAGE VALUE OF FINANCIAL ASSETS - A data system and minimum base average value (MBAV) is accurate, verifiable and based on actual market conditions as well as trade data. The system has the cumulative effect of achieving accurate financial instrument valuations that support government, institutional and investor financial investments in a positive, stable way. No longer does a portfolio need to take a percentage hit almost overnight due to some random and/or questionable, or worse still, no valuation process being used in valuations. Without a definitive MBAV, billions of dollars of investment and investor money can “disappear” or be removed by false valuations, literally overnight. | 11-01-2012 |
| 20120278258 | MEANS AND METHOD OF INVESTMENT PORTFOLIO MANAGEMENT - The core of the present invention is to provide means and methods for managing an investment portfolio according to an investor's personal financial risk tolerance. In one embodiment this is accomplished by means of two separate and independently managed portfolios, these being a high-risk portfolio and low-risk portfolio, with an appropriate ratio of investment in each as appropriate for a given investor's risk tolerance. In another embodiment this is accomplished by choosing an investment portfolio that optimizes certain metrics related to ROI and the given investor's risk tolerance. | 11-01-2012 |
| 20120278259 | Computer-implemented method of constructing a stock index using index rotation - Computer-implemented methods of creating and maintaining stock indexes are provided. Stock migration is controlled using a systematic stock migration process so that stocks are gradually added and deleted from an index. | 11-01-2012 |
| 20120278260 | Computer-implemented method of constructing a stock index using multi-dimensional delineation between value and growth - Computer-implemented methods of creating and maintaining stock indexes are provided. Stock investment style is determined in a multi-dimensional process, instead of a linear process. Furthermore, the number of stocks in the stock index need not be a fixed value, but may depend upon how many stocks meet predefined criteria at any given point in time. | 11-01-2012 |
| 20120284204 | SYSTEM, METHOD AND COMPUTER-READABLE STORAGE MEDIUM FOR VALUING A PERFORMANCE OPTION - A system is provided that includes a plurality of modules. The system includes modules configured to determine a present value distribution of contingent positive utility attributable to commitment resources to an asset at a subsequent time, and a present value of a contingent negative utility required to make the resource commitment or deviate from a resource commitment to a known alternative asset. The modules are configured to determine the distribution of contingent positive utility based upon first parameters that reflect risk in the positive utility, and determine the contingent negative utility based upon second parameters that reflect risk in the negative utility. The system also includes a module configured to determine a value of an option to commit the resources based on the distribution of contingent positive utility and the contingent negative utility. | 11-08-2012 |
| 20120284205 | SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR ALLOCATING ASSETS AMONG A PLURALITY OF INVESTMENTS TO GUARANTEE A PREDETERMINED VALUE AT THE END OF A PREDETERMINED PERIOD - A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period. A computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary. | 11-08-2012 |
| 20120284206 | METHOD AND SYSTEM FOR MANAGING INTEREST RATE CALCULATIONS - A data processing method and system for managing interest rate calculations includes a data storage device storing data indicative of an account value of an investment product and a computer configured to determine a current value of an adjustable interest rate, compare the adjustable interest rate to a fixed guaranteed minimum interest rate, and determine whether to apply the adjustable interest rate or the fixed guaranteed minimum interest rate to the investment product account value to determine a value to credit to the account. | 11-08-2012 |
| 20120284207 | Extended Management System - An automated method, computer program product and system for using artificial intelligence based cognitive learning methods to create a custom risk transfer program for one or more organizations on a continual basis. The elements of value, external factors and segments of value of the one or more organizations are analyzed and modeled using predictive models that are developed by learning from the data associated with each of the organizations. Scenarios of both normal and extreme situations are also developed by learning from the data. The scenarios are then used to drive simulations of the predictive models. The output from these simulations are then used to calculate a risk by element of value, external factor and segment of value for each organization. A custom risk transfer program that optimizes financial performance for each of the organizations given the quantified value and risk is then identified and presented. | 11-08-2012 |
| 20120290498 | Methods for Strategic Asset Allocation by Mean Reversion Optimization - The invention is directed to a computer implemented method of determining the optimal asset allocation strategy for an investment portfolio. The optimization methodology is premised on computerized mathematical models that relate the distance from the long-term market trend at the beginning of historical periods to the returns investors ultimately receive over subsequent periods. The method incorporates a tendency of asset prices to revert to their long term trend over longer investment horizons. Applying this concept to optimizing asset allocation strategies required building software for configuring a computer to replicate this mean-reverting behavior within an optimization process and determine the distribution of expected returns from a current distance from trend. | 11-15-2012 |
| 20120290499 | METHOD AND APPARATUS OF ANALYZING SOCIAL NETWORK DATA TO IDENTIFY A FINANCIAL MARKET TREND - In general, the present disclosure includes a system, method and architecture for use in analyzing content of a social network data to identify a financial market trend, e.g., a trend associated with a financial market instrument. | 11-15-2012 |
| 20120290500 | CONFIGURATION PRICING STRATEGIES FOR MULTI-COMMODITY REQUEST-FOR-QUOTES - Win probability estimation model that statistically computes the probability of winning a bid at a given price, and profit optimization models that compute the optimal price for a bid balancing the probability of winning a bid at a price with the profitability of the bid at the given price. In one stage, an expected profit margin of a product may be formulated as a function of its profit margin and win probability to compute its optimal profit margin. In another stage, an expected profit for one or more product accessories may be formulated as a function of the profit margin and their conditional win probability given the server win to compute their optimal profit margins. The conditional win probabilities for the product accessories may be modeled as a function of the utilities of the various purchase options that contain the product and that accessory. | 11-15-2012 |
| 20120290501 | GENERATING METHOD FOR TRANSACTION MODELS WITH INDICATORS FOR OPTION - The invention is to provide a generating method for transaction models with indicators for option. The method comprises: (S | 11-15-2012 |
| 20120290502 | Interprocess Communication Regarding Interest Rates and Spreads - Various embodiments may relate to determining interest rates for one or more periods, determining interest rates for one or more financial instruments, determining correlations, and/or performing any desired actions. Various other embodiments that may include processes and/or apparatus are described. | 11-15-2012 |
| 20120290503 | SYSTEM FOR ACCESS TO AND EXCHANGE OF MARKET DATA - A system and method for real-time access to information and for information exchange regarding securities markets. The system allows access to securities data obtained from multiple sources, and allows a wide variety of data pertaining to a particular security to be simultaneously displayed. The data may further be automatically and continuously updated in real time, and users may contribute securities data to the system. The system further eases the creation of investment portfolios by relieving the user of the need to type bond identification numbers, issue names, coupons, or maturity data when creating and editing a portfolio. | 11-15-2012 |
| 20120290504 | SYSTEM AND METHOD FOR PROCESSING DATA FOR INSTRUMENTS IN MULTIPLE CLASSES FOR PROVIDING DEFERRED INCOME - A computer system for processing data related to financial instruments for providing deferred income includes a data storage device storing data relating to financial instruments representing a right to receive deferred periodic payments includes, for classes of financial instruments, a price, payment amount and frequency, deferral data, and one or more permitted values of one or more actuarial factors of purchasers. The system further includes a processor configured to receive via a communication module data indicative of a request to purchase financial instruments, including a purchase payment amount and one or more values of the one or more actuarial factors of an individual purchaser, and to determine, based on the received data, a number and class of the financial instruments for issue to the individual purchaser and to output data for generation of the determined number and class of the financial instruments for issue to the individual purchaser. | 11-15-2012 |
| 20120290505 | Market value matrix - An apparatus, computer program product and system for using artificial intelligence based cognitive learning methods to measure, manage and report value, risk and return for a portfolio on a continual basis. The elements of value, external factors and segments of value of the portfolio are analyzed and modeled by item using predictive models that are developed by learning from the data associated with said portfolio. Scenarios of both normal and extreme situations are also developed. The scenarios are then used to drive simulations of the predictive models. The output from these simulations are then used to calculate risks and a risk adjusted value for the elements of value, the items within each element of value, the external factors and the items within each external factor. The optimal mix of changes to the portfolio at the item level are also identified and presented to the user. | 11-15-2012 |
| 20120296843 | METHOD FOR CALCULATION OF TIME WEIGHTED RETURNS FOR PRIVATE EQUITY - Method for the calculation of performance data for a private equity fund, comprising the steps of acquiring input data representative of a first transaction of cash flow patterns of the private equity fund during a term of the fund, the term being divided into a plurality subperiods t | 11-22-2012 |
| 20120296844 | Method for Creating Roll Yield Indexes and Index Products - An inventive computerized investment method and process is disclosed that comprises the creation, calculation, and use of a “Roll Yield” Index, which is a function of a futures contract “rolling” methodology that may vary depending on the underlying commodity, and a systematic rebalancing mechanism for portfolio management of long/short commodity futures index products. Both the Roll Yield Index and the long/short portfolios have the same investment objective to deliver the spread, or difference, between two or more futures contracts on the same underlying commodity with different expiration dates. | 11-22-2012 |
| 20120296845 | METHODS AND SYSTEMS FOR GENERATING COMPOSITE INDEX USING SOCIAL MEDIA SOURCED DATA AND SENTIMENT ANALYSIS - The present invention provides a News/Media Analytics System (NMAS) adapted to automatically process and “read” news stories and content from blogs, twitter, and other social media sources, represented by news/media corpus, in as close to real-time as possible. Quantitative analysis, techniques or mathematics, such as green scoring/composite module and sentiment processing module are processed to arrive at green scores, green certification, and/or model the value of financial securities, including generating a composite environmental or green index. The NMAS automatically processes news stories, filings, new/social media and other content and applies one or more models against the content to determine green scoring and/or anticipate behavior of stock price and other investment vehicles. The NMAS leverages traditional and, especially, social media resources to provide a sentiment-based solution that expands the scope of conventional tools for creating a socially aware composite index. | 11-22-2012 |
| 20120296846 | SYSTEM FOR MODELING INVESTMENT PERFORMANCE - A system for simulating investment performance using computerized models. Inputs to an investment model may be derived from information published about the investment, information published about the investment manager, industry practices corresponding to the particular type of investment, etc. Model accuracy may then be verified by comparing simulated investment performance over a duration of time to actual investment performance over the same period. Disparities in actual and simulated performance may be resolved by adjusting the model, which may further comprise modifying the composition of model elements that replace questionable or unknown investment components in view of information that is known about the investment. | 11-22-2012 |
| 20120296847 | METHOD AND SYSTEM FOR GENERATING AND TRADING DERIVATIVE INVESTMENT INSTRUMENTS BASED ON A VOLATILITY ARBITRAGE BENCHMARK INDEX - A system and method for creating a volatility arbitrage bench mark index is disclosed. The method includes obtaining closing prices of an underlying instrument, such as a derivative investment instrument, and calculating a value representing a volatility arbitrage benchmark. The value may be displayed at a trading facility and volatility arbitrage benchmark quotes may be transmitted by the trading facility to a market participant. | 11-22-2012 |
| 20120296848 | System and method for managing credit risk for investment portfolios - A system is disclosed for enabling a portfolio manager to obtain credit approval for an issuer of securities from a credit analyst. The system includes a relational database containing subjective and objective issuer information, a graphical user interface for permitting a portfolio manager to submit a credit approval request to a credit analyst, a graphical user interface for permitting a credit analyst to evaluate the credit approval request submitted by the portfolio manager based on the issuer information contained in the database, and a graphical user interface for permitting the credit analyst to resolve the credit approval request on behalf of the portfolio manager. | 11-22-2012 |
| 20120296849 | SYSTEM AND METHOD FOR GENERATING TRANSACTION BASED RECOMMENDATIONS - A system for generating recommendation data includes an assessment unit and an evaluation unit. The assessment unit is configured to receive transaction data for a plurality of transactions and to assess each transaction and generate assessment data based thereon. The evaluation unit is coupled with the assessment unit and configured to receive an evaluation request including a proposed transaction, and generate recommendation data including a certainty indicator which indicates a level of certainty that the proposed transaction will be successful according to predetermined criteria. | 11-22-2012 |
| 20120296850 | System and Method for Asymmetric Offsets in a Risk Management System - A system and method for using asymmetrical offsets for products in a risk management analysis system are disclosed. Conventional systems assign symmetrical offsets for products, that is, if two products have an 80% correlation they each would be assigned an offset of 80% with respect to each other. However, it is desirable to allow for asymmetrical offsets. In the disclosed system and method, when two products have a correlation of 80%, one may be assigned an offset of 75% and the other may be assigned an offset of 80%. There are many reasons to vary the offset between the products. The varying offset may reflect an asymmetry in the risk in one of the products, such as being traded in an illiquid market or in a less desirable venue. The varying offset may correct for an imbalance in spread credits due to special charges from intra spreading. | 11-22-2012 |
| 20120303546 | STRESS TESTING FINANCIAL INVESTMENTS - Financial investments may be stress tested to manage risk. To stress test financial investments, a sequence of future economic market events is determined to use to analyze a portfolio, and indices associated with the portfolio are determined. Portfolio data associated with the portfolio is received, and the portfolio data indicates the volatility of the portfolio during a predefined time period. Index data associated with each index of the economic market is received, and the index data indicates the volatility of each index during the predefined time period. A correlation factor associated with the future economic market is determined. Using a processor, a calculated measurement of each index is determined according to the market data, the index data, and the correlation factor. The processor calculates a future index event according to the future market event and the calculated measurement of the index. | 11-29-2012 |
| 20120303547 | RISK ASSESSMENT PROCESSES FOR CLOSEOUT OF A PORTFOLIO - The invention pertains, in a general manner, to a process of risk assessment for closing out a portfolio and, more specifically, the invention relates to processes that allow a more efficient capital allocation for containing such risks. According to an embodiment of the invention, the risk assessment process for the closeout of a portfolio comprises the steps of (i) identifying a portfolio to be closed out; (ii) defining a strategy for the closeout of mentioned portfolio; (iii) estimating the risk related to the closeout strategy; and (iv) determining the potential losses for closing out the mentioned portfolio based on the evaluated risk. | 11-29-2012 |
| 20120303548 | DYNAMIC VISUAL STATISTICAL DATA DISPLAY AND NAVIGATION SYSTEM AND METHOD FOR LIMITED DISPLAY DEVICE - Embodiments include methods for distributing visual display information related to a plurality of items to one or more display devices, and methods for rendering visual display information related to a plurality of items by a display device. Embodiments also comprise display devices, servers, and computer-readable media embodying one or more of these methods. Embodiments display of large data sets and associated statistics, such as trading activity of securities or other business statistics, on devices with limited-size display screen, e.g. smartphone or tablet. Embodiments enable visual navigation of large dynamic data sets via relative and absolute contextual statistics. Embodiments combine dynamic visual displays with a multi-tiered navigation structure, supporting more effective information gathering and processing across a variety of users with different objectives. Embodiments provide more relevant, individualized user experience through flexibility to observe patterns, correlation, and contextuality, and to explore subsections of the data quickly via unique navigation paths. | 11-29-2012 |
| 20120303549 | MINIMIZING SECURITY HOLDINGS RISK DURING PORTFOLIO TRADING - A method and computer program product for minimizing short-term risk to a portfolio of securities holdings during implementation of executing an outstanding trade list of securities to be traded, takes into account covariances between securities in the outstanding trade list and between securities in the outstanding trade list and securities in the portfolio of holdings so as to minimize risk to the portfolio of holdings as well as to a residual trade list of unexecuted orders during said implementation. | 11-29-2012 |
| 20120303550 | System and Method for Using Diversification Spreading for Risk Offset - A computer-implemented method for analyzing a risk offset associated with a portfolio including a plurality of products traded on an exchange is disclosed. The method includes comparing a first market response of a first product in the portfolio with a second market response of a second product in the portfolio where the first and second market responses result from a change in market data, calculating an offsetting effect between the first market response and the second market response where the first and second market responses are substantially different responses to the same change in the market data, determining a diversification spread based on the offsetting effect derived between the first product and the second product, calculating a diversification spread credit based on the determined diversification spread, and adjusting a margin requirement for the portfolio based on the diversification spread credit. | 11-29-2012 |
| 20120310855 | SYSTEMS AND METHODS FOR DETERMINING A SITE FOR AN ENERGY CONVERSION DEVICE - Systems, methods and computer program products provide for determining the location of an energy conversion device to convert renewable energy into electrical energy. A method for determining the location of a renewable energy conversion device, via a data processing system, includes displaying a qualified site to establish the conversion device within a user-identified geographic area and calculating the potential energy production of the conversion device at the qualified site. The method further includes calculating the cost expenditure to construct the conversion device at the qualified site, the cost expenditure including at least construction contractor labor rates and material costs that are collected from construction contractors located within the geographic area. The method also further includes displaying for selection by the user at least one public or private funding source to establish the conversion device at the qualified site and submitting a funding-source application in response to a user selection of the funding source. | 12-06-2012 |
| 20120310856 | Methods And Systems For Financing And Marketing - The present invention provides methods and systems of executing the method/s of financing and/or marketing a venture or product while rewarding the revenue contributing clients of an enterprise based on the stage or the state that they make a revenue contribution to the enterprise. One of the objectives of this invention is to entitle the clients with a reward such as a stock that is appreciable through the growth and success of the enterprise. Such reward “program” is a function of the enterprise market value and the amount of client's revenue contribution at the time of the “revenue contribution event”. | 12-06-2012 |
| 20120310857 | FACTOR-BASED MEASURING OF SIMILARITY BETWEEN FINANCIAL INSTRUMENTS - A system and method for factor-based measuring of similarity between financial instruments are described. The method including selecting a model for factor intersection calculation of a two or more of financial instruments, the model including a plurality of factors; determining factor exposure values for first and second financial instruments on each of the factors; determining a proximity between the factor exposure values based on the selected model; and calculating a factor intersection result between the factor exposure values, wherein the factor intersection result includes at least one of an overlap amount and a non-overlap amount. | 12-06-2012 |
| 20120310858 | FINANCIAL INSTRUMENT MANAGEMENT SYSTEM - A financial instrument management system determines a current market rate of interest that is compared with an annual percentage yield of a financial instrument from a financial institution. The system processes (e.g., receives and/or presents) an early redemption request prior to a maturity date of the financial instrument. The early redemption request comprises a request for a payout equal to a current value of the financial instrument and a market value adjustment. The current value comprises the principal of the financial instrument plus accrued interest. The market value adjustment comprises a bonus portion such that the payout is greater than the current value of the financial instrument when the current market rate of interest is less than the annual percentage yield and/or a discount portion such that the payout is less than the current value when the current market rate of interest is greater than the annual percentage yield. | 12-06-2012 |
| 20120310859 | PRICE EARNINGS DERIVATIVE FINANCIAL PRODUCT - A system for and method of using a financial instrument to take a view on a price-to-earnings ratio for a set of one or more equities. The system and method may be used to commodify the price-to-earnings ratio for one or more equities, such a as a stock or an index. The system and method may include a financial instrument that allows a user to take a view on an earnings, or ratio comprising price and earnings, for underlying equities. | 12-06-2012 |
| 20120317051 | System and Method for Delegated Pricing and Quote Maintenance for Trading of Dependent Financial Instruments - System and method for delegated quote generation for a dependent financial instrument includes receiving a delegated pricing parameter vector for the dependent financial instrument, the delegated pricing parameter vector based at least in part on a plurality of market parameter fluctuations within which to price the dependent financial instrument, and generating a quote for the dependent financial instrument remotely from the market participant computer system in accordance with a plurality of parameters falling within the plurality of market parameter fluctuations in the delegated pricing parameter vector. | 12-13-2012 |
| 20120317052 | COLLECTIVELY ANALYZING HOLDINGS ACROSS MULTIPLE FIXED INCOME PRODUCTS - Systems, methods, and computer-readable mediums (i.e., utilities) for use in enabling corporate treasurers, money managers, and other investors to view and analyze consolidated credit risk on individual investments across multiple money market products (MMPs) and/or multiple accounts. In one aspect, the utilities may generate a database of MMP and related holding information that may be used to research and analyze one or more MMPs and/or underlying securities even if the same MMP or security is associated with different identifiers. In another aspect, the securities or holdings of the MMPs of actual or sample accounts may be aggregated (e.g., by common identifier, sponsor, issuer, etc.) either within MMPs and/or across multiple MMPs and subsequently analyzed to generate inferences and to obtain numerous types of information which may be presented to corporate treasurers and/or other users on a display (e.g., text, charts, graphs, etc.) for use in gauging a company's or other entity's credit exposure and in making decisions based on what is displayed. | 12-13-2012 |
| 20120317053 | FIXED INCOME SECURITIES MARKET DATA DISPLAY - A machine-implemented method includes: obtaining transaction data relating to one or more financial assets, the transaction data including the identity of the one or more financial assets, corresponding valuation data for the one or more financial assets, and corresponding volume data for the one or more financial assets; receiving, at the data processing apparatus, a request to display information relating to a first financial asset from the one or more financial assets; generating, in response to receiving the request, output data for display at a user terminal, in which the output data includes a user interface that displays at least a portion of the transaction data relating to the first financial asset and market projection information relating to the first financial asset, in which the market projection information is substantially contemporaneous with the portion of transaction data; and transmitting the output data to the user terminal. | 12-13-2012 |
| 20120317054 | COMMERCIAL INVESTMENT ANALYSIS - A technique for performing commercial venture analysis involves establishing an empirically-derived structure and evaluating companies using analytical techniques within that structure. The technique may involve defining jobs, or goals a customer is attempting to reach, with dozens or even hundreds of outcomes. Ideally, the structure and tools facilitate analysis that would not be possible otherwise. Moreover, the nature of the system enables real-time input for changing conditions and the ability to calculate returns for new markets in which products or services do not exist. | 12-13-2012 |
| 20120317055 | System and Method for Flexible Spread Participation - A system and method for risk analysis of a portfolio of derivative products is disclosed which is conducted based on a set of flexible rules. The system and method allow creating predefined sets of products for the purpose of future risk offsets. If a futures trade as a subset of that set of products that met a threshold level, then the subset is assigned the offset value (or a pro rata or other portion of the offset value) of the predefined set. For example, assume that the predefined set consists of one S&P 500 futures, one NASDAQ futures, one S&P Midcap 400 futures and one Russell 1000 futures and the threshold is three. If the futures trader holds any three of those four futures, the three futures can be grouped, assigned an offset value, and this group can be used as one asset for purpose of further risk offsets. | 12-13-2012 |
| 20120323816 | Method of Strategy Selection for Investment Portfolios - A method for attaining a financial goal. Using a computer, an individual makes decisions that include whether or not to engage a skilled investor to select an investment mix of asset classes; to then produce a starting investment portfolio by populating the selected investment mix with appropriate assets; and to monitor and adjusting the investment portfolio over time. These determine a path along a decision tree. A computer may then determine the likelihood of meeting the financial goal. The investment mix of asset classes may be determined using computer-generated tables of rolling average, historic returns. The computer may also cross-check an estimated return of the selected mix to ensure that a needed return may be attained. An investment portfolio is then created by populating the asset classes with appropriate assets. The investment portfolio may be monitored and periodically readjusted back to the original mix of asset classes. | 12-20-2012 |
| 20120323817 | Systems and Methods for Implementing a Separately Managed Account Platform - An SMA system that allows for efficient management of separately managed accounts across multiple investors. Electronic data interfaces exchange information between the SMA system and outside sources. The SMA system aggregates positions across the accounts and views those positions as one large account to generate block trades. The SMA system takes what was executed and updates accounts of individual investors based on the block trades. | 12-20-2012 |
| 20120323818 | FUNDING CAPITAL PROJECTS - Methods are disclosed which use an entity-based investment architecture to finance, in part or in whole, one or a series of projects of a parent company (or its Affiliates) to exploit a company's Protected Technologies, together with operational and administrative tools and machines to manage the investment architecture and related operations. These methods generally tend to reduce the likelihood of diluting the ownership interest of existing equity holders of the parent company or an Affiliate of the parent, as well as the likelihood of needing to separately raise investment funds for each individual project. | 12-20-2012 |
| 20120323819 | Method And System For Simulating Implied Volatility Surfaces For Basket Option Pricing - A method and system for simulating changes in volatility for a price of a particular option on an underlying financial instrument is disclosed. A volatility surface model having at least one surface parameter is provided along with a set of volatilities for a plurality of options on the underlying financial instrument. The set of volatilities is analyzed to determine an initial value for each surface parameter which, when used in the surface model, defines a surface approximating the set of volatilities. The values of the surface parameters are then evolved using an appropriate evolution function. A volatility value for a particular option is extracted from the volatility surface defined by the evolved surface parameter values. The extracted volatility value can then be used in an option pricing model to provide a price of the particular option. The volatility of a basket options valued relative to the performance of multiple components can be simulated by determining the value of surface parameters for options on the component securities and then combining the component surface parameters to determine surface parameters for a volatility surface of the basket. | 12-20-2012 |
| 20120323820 | ADJUSTABLE DERIVATIVE SECURITIES AND METHOD FOR ADJUSTING THE VALUE OF SAME DUE TO A CORPORATE EVENT - The claimed invention relates to an adjustable derivative contract. Particularly a method and system for adjusting the derivative contract to account for time value of money due to an occurrence of a corporate event that affects the value of the derivative contract. The claimed method and system allocates distributions amongst different derivative contracts, each derivative contract representing a different economic interest of at least two shares of an underlying security. The claimed invention uses the concepts of present and future values to value derivative contracts in order to more fairly and accurately represent the interests of the various holders of such derivative contracts upon the occurrence of a corporate event affecting the value of these derivative contracts. | 12-20-2012 |
| 20120330860 | SYSTEMS AND METHODS FOR MONITORING ORDERS IN AN EXCHANGE - A trading computer receives data regarding a change in the inside market for a product traded using a trading host. The computer determines a value of a highest bid price and a value of a lowest ask price and displays the values of the highest bid price and lowest offer price in a first and a second region, respectively, of a display. The trading computer also displays a plurality of values less than the value of the highest bid price in a first plurality of regions and a plurality of values greater than the value of the lowest offer price in a second plurality of regions. The location of the first region, the second region, the first plurality of regions, and the second region relative to each other remains constant even when the inside market changes. | 12-27-2012 |
| 20120330861 | SYSTEMS AND METHODS FOR PROVIDING INVESTMENT PERFORMEANCE DATA TO INVESTORS - Systems and methods for generating a performance index are described. A rank score is generated for each investor relative to a group of investors of which the investor is a member. Generation of the rank score uses investment data of a portfolio of the investor, and the portfolio comprises at least one investment position. A set of investors is selected from the group of investors, and the selection is based on the rank score of each investor. The performance index is generated to provide a measure of performance of top individual investors over time relative to a market index. Generation of the performance index includes generating a composite portfolio comprising investment positions of each portfolio of each investor of the set of investors. | 12-27-2012 |
| 20130006889 | Compliance and credit attribute system and method - A computer system and method for managing information related to compliance and credit attribution for fixed income securities. A computer system identifies CUSIP information for securities included in a user fixed income security portfolio and retrieves bond attribute information for the identified CUSIP information along with economic and demographic data. Risk credit notices are identified for the CUSIP information and a user report is generated indicating the retrieved bond attribute information, economic and demographic data and identified risk credit notices for the identified CUSIP information. | 01-03-2013 |
| 20130006890 | Method for Combining the Management and Administration of Mutual Fund and Exchange-Traded Fund Assets Using a Master-Feeder Arrangement - A Mutual fund and ETF master-feeder arrangement includes a Mutual Fund module for a feeder mutual fund that issues and redeems mutual fund shares in transactions with investors primarily for cash, an ETF module for a feeder ETF that issues and redeems ETF shares in transactions with Authorized Participants through in kind transfers, and a Master Portfolio module for a master portfolio that issues and redeems interests through in-kind transactions with the Mutual Fund and the ETF. The Mutual Fund applies cash invested by mutual fund investors to purchase securities in accordance with an asset configuration communicated by the master portfolio; and the ETF conforms the composition of assets received in in-kind transactions to the asset configuration. The Mutual Fund and the ETF increase interests in the master portfolio by contributing assets, wherein transactions in securities to accommodate feeder fund inflows occur outside of the master portfolio. | 01-03-2013 |
| 20130006891 | SYSTEM AND METHOD FOR ACCESSING AND DISPLAYING DATA RELATING TO FINANCIAL SECURITIES - A computer system for furnishing data relating to investments has a processor and one or more memory storage devices in communication with the processor. Data relating to investments is stored in the one or more memory storage devices. A catalog includes at least data stored in at least one of the one or more memory storage devices, the data including at least logical locations for the data relating to investments. The processor is adapted to execute services for calling to the catalog for locations of the data, and, employing at least logical locations of the selected data obtained from the catalog, access the selected data from at least one of the memory storage devices, perform one or more operations on the selected data, and provide the selected data for display to a user. | 01-03-2013 |
| 20130006892 | SYSTEM AND METHOD FOR PROCESSING DATA RELATED TO CHARGES APPLICABLE TO INVESTMENT ACCOUNTS - A system for data processing for an account of a financial product has a processor and a memory. The processor receives an account value and a charge applicable to the account based on a fraction of the value of the account; on a basis of a second period, shorter than a first period. Throughout the first period, the processor calculates a fractional charge based on the value of the account, and updates the account value by decrementing the account value in the amount of the fractional charge. At the end of the first period, the processor compares a charge for the first period based on the account value on one day during the first period to a sum of the fractional charges for the first period, and increases the account value by the difference if the first period charge is less than the sum of the fractional charges. | 01-03-2013 |
| 20130006893 | TARGETED DIVIDEND REINVESTMENT PLANS AND METHODS OF ESTABLISHING SAME - A method of establishing a targeted dividend reinvestment plan associated with environmental management projects, and financial securities generated therein. in one embodiment, the method comprises steps of providing a dividend reinvestment plan, identifying at least one environmental management project, generating financial securities (e.g. “green” shares or other financial instruments) associated with the environmental management project(s), receiving a direction from investors participating in the dividend reinvestment plan to invest funds through a purchase by the investor of financial securities associated with the environmental management projects, issuing the financial securities to investors, and allocating the funds to the environmental management project(s). | 01-03-2013 |
| 20130013530 | Method and System for measuring decisions of a portfolio manager as it relates to the return performance for any given asset - The present invention relates to a method and system for measuring a portfolio manager's decisions and performance for any asset as it relates to and compares to the potential performance which might have occurred during any given finite time period. An asset (which example is intended to be illustrative and not restrictive) can be a single publicly traded stock, bond, option, commodity, real asset or real estate, a portfolio of assets, or an index. Investment performance can target an individual action or actions of a portfolio manager or a financial institution's actions (which example is intended to be illustrative and not restrictive) such as a mutual fund, hedge fund, public or private pension fund. | 01-10-2013 |
| 20130013531 | SYSTEM AND METHOD FOR PROVIDING A MARKET-BACKED ANNUITY WITH VARIABLE SEGMENT TERMS AND AUTOMATIC ROLLOVER - The present invention provides a method and system for providing a market-backed annuity allowing for client-selected segment terms and automatic rollover. The method and system includes techniques for allowing an investor to specify a segment maturity date, specify a percentage of upside and downside protection, specify an underlying market index, and choose an amount of investment capital. By providing flexibility, the current invention increases the security and performance of market-backed annuity products. | 01-10-2013 |
| 20130013532 | System and Method for Process Scheduling - A method for scheduling processing of an instrument. The method receives instrument information, selects an instrument category for the instrument based on the instrument information, the selected instrument category having a calculation set, assigns the instrument to a job corresponding to the calculation set of the selected instrument category; and sends the job to a computing resource. In another aspect, the method also receives a purpose identifier, and chooses the calculation set from two or more calculation sets of the selected instrument category based on the purpose identifier. In another aspect, the calculation set includes two or more calculation sub-sets, each calculation sub-set having a job priority, and the method includes assigning the instrument to two or more jobs corresponding to each of the two or more calculation sub-sets. | 01-10-2013 |
| 20130018816 | INDEX FOR A PORTFOLIO AND RELATED METHOD AND APPARATUSAANM RATTRAY; Sandy CampbellAACI LondonAACO GBAAGP RATTRAY; Sandy Campbell London GBAANM MOHAMMED; KhalilAACI LondonAACO GBAAGP MOHAMMED; Khalil London GBAANM STANZYS; GediminasAACI LondonAACO GBAAGP STANZYS; Gediminas London GBAANM RADNOR; Samuel Benjamin PhilipAACI LondonAACO GBAAGP RADNOR; Samuel Benjamin Philip London GB - The present invention relates to an index for a portfolio, wherein the index value of the portfolio is determined in dependence on the value of the assets comprising the portfolio. The assets comprising the portfolio include cash. The invention also relates to a method of characterising a portfolio, and correctly managing transaction costs. Said method determines an index value of the portfolio in dependence on the value of the assets comprising the portfolio, wherein the value of the assets comprising the portfolio is divided by a constant number. The invention further relates to an apparatus for calculating an index for a portfolio. | 01-17-2013 |
| 20130018817 | METHOD AND SYSTEM FOR ONLINE AUTOMATED ASSOCIATION OF INDIVIDUAL RISK TOLERANCE AND RETIREMENT PLAN INVESTMENTSAANM Newman; GregoryAACI Aliso ViejoAAST CAAACO USAAGP Newman; Gregory Aliso Viejo CA USAANM Gorsline; DavidAACI Aliso ViejoAAST CAAACO USAAGP Gorsline; David Aliso Viejo CA US - An inventive system and method for online automated association of individual risk tolerance and retirement plan investments is presented. The invention comprises a secure online administrative interface that allows a plan administrator to select the available risk profile descriptions from a pre-determined list. The system automatically divides the available scores of any conforming and available risk tolerance questionnaire that includes multiple-choice questions and a scoring algorithm, into equal parts, based on the number of risk profile descriptions selected. A dual-column layout displays selected risk profile descriptions next to a list of plan investments derived from the plan database, and allows a plan administrator to associate each by clicking on investment titles and dragging and dropping them into bordered areas on screen designated for each risk profile description. The system allows multiple investments to be associated with each risk profile description, while restricting the use of each investment to one risk profile, and automatically adjusts the score associated with each investment, based on its placement within a particular risk profile, without increasing or decreasing the overall score range associated with that particular risk profile. | 01-17-2013 |
| 20130018818 | Systems And Methods For Investment Portfolio Management - Systems and methods for creating and managing investment portfolios are disclosed, These are useful to an individual investor, to investment advisors, as well as to professionally managed fund portfolios such as exchange traded funds, closed end funds, mutual funds, hedge funds, endowment funds, pension funds, wealth management funds, Other applications of taught methods and systems include product portfolio synthesis, process synthesis, and optimal internal allocation of capital in organizations. | 01-17-2013 |
| 20130018819 | SYSTEMS AND METHODS FOR OPTIMIZING AN INVESTMENT PORTFOLIO - Systems and methods for determining an optimal allocation of assets in an investment portfolio according to various aspects of the present invention may comprise a graphical user interface, database, asset allocation engine, and a display. The graphical user interface may be configured to receive identifying information about the assets and a financial risk tolerance profile of the asset owner. The database may be configured to store and/or retrieve information associated with the assets. The asset allocation engine may be configured to identify a deficiency between an existing allocation of assets in the portfolio and a target asset allocation model. The display may be configured to present the target asset allocation model and identified deficiencies. | 01-17-2013 |
| 20130024395 | SYSTEM AND METHOD FOR CONSTRUCTING OUTPERFORMING PORTFOLIOS RELATIVE TO TARGET BENCHMARKS - The system and method described herein may be used to construct outperforming portfolios relative to target benchmarks. In particular, the system and method described herein may use multi-factor models that employ multi-objective evolutionary algorithms and mean variance optimization calculations to select constituents from a target benchmark index to include in a portfolio. The selected constituents may then be weighed to construct or rebalance the portfolio in a manner that can consistently outperform the target benchmark index while satisfying real-world constraints that relate to turnover limits, minimum and maximum stock positions, cardinalities, target market capitalizations, investment strategies, and other characteristics associated with the portfolio. | 01-24-2013 |
| 20130024396 | Systems and Methods for Determining Cost of Capital for an Entity in a Bottom-Up, Fully Risk-Based Manner - The present invention relates generally to determining cost-of-capital in a bottom-up, fully risk based manner. In particular, the present invention relates to methods, systems, and software tools for calculating the cost-of-capital for a business entity. One or more risk drivers are provided by identifying one or more scenarios and quantifying the drivers for each scenario. Based on the risk drivers, one or more entity returns, and optionally one or more market returns, are determined, and based on the entity returns and optionally the market returns, one or more entity risk measures are determined. A cost-of-capital for the entity may be determined based on one or more of the entity risk measures. | 01-24-2013 |
| 20130024397 | AQUA INDEX - A method and system for computing a stable index value of a regulated substance by computing a virtual value of the substance based on the value of a freely marketed product of the substance. Particularly the invention may be applied to develop a stable investment instrument for investing in fresh water. | 01-24-2013 |
| 20130024398 | METHOD AND APPARATUS OF ANALYZING SOCIAL NETWORK DATA TO IDENTIFY A FINANCIAL MARKET TREND - In general, the present disclosure includes a system, method and architecture for use in analyzing content of a social network data to identify a financial market trend, e.g., a trend associated with a financial market instrument. | 01-24-2013 |
| 20130024399 | SYSTEM FOR DYNAMICALLY ALLOCATING NATURAL RESOURCES - Systems and methods for creating a dynamic resource trust can receive and distribute physical quantities of a resource at a future date. These systems and methods can be implemented in a computer system that dynamically designs and/or values shares of the trust's resources. These systems and methods can permit potential users of resources to tailor the amounts of resources they obtain under different market conditions in the future, with potentially lower costs than costs associated with futures contracts. | 01-24-2013 |
| 20130031020 | MARGIN AS CREDIT ENHANCEMENT CONTRACTS - Systems and methods are provided for implementing risk retention programs for originators and securitizers of asset backed securities. An administrative contract identified as a margin as credit enhancement contract is created for a corresponding asset backed security. A risk retention entity is assigned a long position for the margin as credit enhancement contract corresponding to a predetermined percentage of the asset backed security. A buyer of the asset backed security is assigned a short position for the margin as credit enhancement contract. When the asset backed security expires, a computer device settles the long and short positions of the margin as credit enhancement contract. | 01-31-2013 |
| 20130031021 | METHOD AND SYSTEM FOR ANALYZING INVESTMENTS AND INVESTMENT PLANS AND RISKS AND RELATED BUSINESSES WITH DYNAMIC DECISION MAKING - Systems, methods and computer program products for analyzing stochastic characteristics, including one or more subsystem for forecasting financial statements and financial ratios' probability distributions and configured for at least one of: analyzing insurance contracts and portfolios without simplifying contract and product terms and conditions; studying and illustrating financial statement probability distributions; analyzing insurance portfolios by creating net asset value distributions thereof without deterministic assumptions; modeling to support asset and liability management, wherein both assets and liabilities are simulated simultaneously and decisions are based on joint probability distributions thereof; and modeling to study effects of model specification changes by implementing new model definitions and by rerunning the model with constant random number generator seed. | 01-31-2013 |
| 20130031022 | GENERATING UPDATED DATA FROM EXTREME HETEROGENEOUS DATA - Systems, methods and apparatus are provided through which in some implementations a method of calculating risk of a financial asset by using performance data on past returns, include over-weighting high and low performance periods in the financial asset performance data, and generating an instability estimator of a risk statistic of the financial asset performance data in reference to the over-weighted high and low performance periods. | 01-31-2013 |
| 20130031023 | GENERATING UPDATED DATA FROM INTERRELATED HETEROGENEOUS DATA - Systems, methods and apparatus are provided through which in some implementations a method of calculating risk of an item by using performance data on past returns, include over-weighting high and low periods in the item data, and generating an estimated forecast of the item performance data in reference to the over-weighted high and low periods. | 01-31-2013 |
| 20130031024 | GENERATING A MEASURE OF INTRANSMISSIBILITY HAZARD FROM EXTREME HETEROGENEOUS DATA - Systems, methods and apparatus are provided through which in some implementations a method of estimating intransmissibility hazard of an item by identifying high and low periods in the item data, and generating an estimated intransmissibility hazard of the item data in reference to the identified high and low performance periods. | 01-31-2013 |
| 20130031025 | SYSTEMS AND METHODS FOR VALUATING FINANCIAL CONTRACTS AND ASSESSING ASSOCIATED RISK - Systems and methods valuate financial contracts and assess associated risk. Particular embodiments comprise: calibrating parameters of models based on market data; determining a metric for the risk of the models to changes in the parameters; determining a metric for the risk of the parameters to changes in the market data; generating a set of valuation functions corresponding to the contract and depending on the calibrated parameters of the models; generating a corresponding set of derivatives of the valuation functions, the derivatives depending on the metric for the risk of the parameters to changes in the market data; determining a value for the contract to comprise an expected value of one of the valuation functions; and assessing a risk of the value of the contract to one or more variables by determining an expected value of one or more of the set of derivatives of the valuation functions. | 01-31-2013 |
| 20130031026 | METHODS AND SYSTEMS FOR VALUATING FINANCIAL CONTRACTS INVOLVING EARLY EXERCISE - Systems and methods valuate financial contracts and associated risk. Particular embodiments comprise: receiving valuation details; receiving an internal contract representation describing the contract using: flow sets, each flow set comprising cash flow functions representing a cash flow amount at a cash flow time; and choice functions providing a choice between first and second flow sets. The method involves determining, for each choice function, whether information desirable to make the choice is determinable at a choice time, and if the information is not known for a particular choice function, then replacing the particular choice function with a trigger rule determinable at the choice time and specifying the first or second flow set of its associated choice function. Wherein each trigger rule is based on one or more explanatory stochastic processes which form part of the first and second flow set of its associated choice function. | 01-31-2013 |
| 20130031027 | Weather Derivative Volatility Surface Estimation - Systems and methods are provided for determining the volatility of weather derivative option contracts. Volatility levels are initially determined with conventional methods. Unreliable volatility levels are then replaced with futures contracts volatility levels. If the futures contracts volatility levels are not available or appear unreliable, meteorological volatility levels are utilized. The data may be reduced to a three dimensional surface and used when determining margin account requirements. | 01-31-2013 |
| 20130036070 | SYSTEMS AND METHODS FOR ANALYZING A STOCK - A system for analyzing a security includes a processor; an input module configured to cause a graphical user interface to be rendered on a user's client machine, the interface including a graph of stock price versus trading dates, with price being indicated on a first axis and trading dates being indicated on a second axis, the interface being configured to input a first trading date by a user interacting with the graph and actuating on the graph in a location, along the second axis, representing the first trading date, the interface being configured to input a second trading date by a user interacting with the graph and actuating on the graph in a location, along the second axis, representing the second trading date; a return decomposition module configured to compute, using the processor, shareholder return between the first trading date and second trading date, and to decompose the shareholder return into: zero growth earnings yield, earnings and yield growth, capital needs for growth, change in price-earnings ratio, and timing differences; and an output module configured to display the decomposition on the user's client machine in the form of a chart. Other systems and methods, and computer readable media are disclosed. | 02-07-2013 |
| 20130036071 | DYNAMIC COMMODITY INDEX METHODOLOGY - A rules-based commodity index methodology which is based on the performance of a fully margined or collateralized portfolio of 14 futures contracts with equal weights from six commodity sectors: energy, precious metals, industrial metals, grains, softs and livestock. | 02-07-2013 |
| 20130036072 | Method and System for Structuring The Ownership of an Investment - A method of structuring ownership of an invention including the steps of receiving an investment commitment and a capital contribution from at least one investor, investing the capital contribution in a portfolio company, assigning a set of securities to the at least one investor based upon the capital contribution, the set of securities comprising a plurality of strips, and providing one or more of the plurality of strips to the at least one investor, wherein each of the plurality of strips is defined as a portion of the capital contribution and wherein at least one of the strips is dedicated for donation by the investor to at least one charity. | 02-07-2013 |
| 20130036073 | System and Method for Management of Financial Advisor Records - An interactive system for managing records of a financial advisor by a service provider on behalf of the financial advisor. The system includes a financial advisor management application that provides a user interface displayed on the financial advisor computer, which receives, stores, and provides information regarding clients, the financial advisor and the financial advisor practice via multiple system tools. One system tool, in particular, the regulatory compliance tool, monitors the information and creates and stores client files for complying with various financial audit requirements. | 02-07-2013 |
| 20130036074 | UNSTEADINESS COMPENSATION IN VALUATION SYSTEM AND METHODS - There is provided a data processing system and method for valuing a bundle of constructs that may individually fail, in case of a separation event causing the bundle of constructs to separate a failing construct from the bundle. A present value determination unit applies a predefined model to determine a present value of the bundle of constructs after having separated the failing construct from the bundle. Further, a static value determination unit determines a static value by reducing a static base number each time a separation event occurs. Furthermore, a calculation unit calculates a value of the bundle of constructs based on the determined present value and the determined static value. The calculation unit is adapted to calculate a sum of the determined present value and the determined static value. In an embodiment, the bundle of constructs is a basket of credit default swaps. | 02-07-2013 |
| 20130041841 | Real Estate Investment System and Method of Controlling a Commercial System by Generating Key Investment Indicators - A commerce system is controlled by collecting information related to property assets from members of the commerce system, storing the information in a database, determining a plurality of sale transaction values for the property asset based upon the information stored in the database, determining a plurality of key investment indicators from the sale transaction values, determining an investment rating based on the key investment indicators, and utilizing the key investment indicators and investment rating to control a decision to conduct a sale transaction for the property asset within the commerce system. The sale transaction values include offer price, fair market rent, taxes, Mello-Roos, insurance, homeowner association fees, property management fees, total expenses, downpayment, loan type, interest rate, and mortgage payment. The key investment indicators include net operating income, capitalization rate, debt service ratio, cash flow, cash-on-cash return, and return on investment. | 02-14-2013 |
| 20130041842 | COMPUTER IMPLEMENTED RISK MANAGED TREND INDICES - The present invention provides for computer based systems and program controlled methods for reducing investors' exposure to the variability of an asset class's short-term volatility using long-short investing in a broad array of individual asset classes, with risk-controlled market exposures. This is achieved by constructing an index that employs a momentum portfolio policy, i.e. assets with prices that appear to be trending upward are held long, and those with prices that appear to be trending downward are sold short. This long-short policy is applied to each asset within broad asset class indices (equities, interest rates, commodities, and currencies), as well as within a multi-asset class composite index. | 02-14-2013 |
| 20130041843 | Pricing a Swap Financial Product Using a Non-Par Value - Computer readable media, methods, and apparatuses may be configured for processing a plurality of yields, each of the yields corresponding to a different maturity date, determining a plurality of floating payments based on the yields, determining a plurality of fixed payments based on a fixed interest rate, determining a present value of the floating payments, determining a present value of the fixed payments, and generating a quote for a swap financial product as a function of the present value of the floating payments and the present value of the fixed payments. | 02-14-2013 |
| 20130041844 | METHODS AND SYSTEMS FOR PROVIDING INVESTMENT OPPORTUNITIES - Processes and supporting systems facilitate the periodic assessment of the value of illiquid assets held by a real estate investment trust (“REIT). These values are combined with valuations of the liquid assets (securities, cash) held by the fund and used to calculate an overall net asset value. The periodic assessments may be adjusted intra-period to account for extraordinary events. In order to manage redemptions, the liquidity of the fund is managed and monitored and as redemption requests are received a “market condition” is established. Based on the market condition, a redemption cap is applied, which may limit the amount that may redeemed during any one period. | 02-14-2013 |
| 20130041845 | METHOD AND MACHINE CONFIGURED TO DISPLAY MULTIPLE COMPUTER SCREENS - A machine and method including a computer configured to generate and display multiple computer screens. A first computer receives data representing a first component of property and a second component of the property from at least one other computer, the property being a fixed-income asset, and is programmed to manipulate the data to generate one yield/discount rate for the first component and another yield/discount rate for the second component and to display the one yield/discount rate on a monitor in a first computer screen generated by the first computer and the other yield/discount rate on a monitor in one of the first computer screen and another computer screen generated by the first computer, and to compute purchase prices for the components in consummating a sale and corresponding purchase of the first component to one buyer and a sale and corresponding purchase of the second component to another buyer. | 02-14-2013 |
| 20130041846 | PRE-PAID FINANCIAL SAVINGS AND INVESTMENT CARD SYSTEM - A savings and investment system and method including a plurality of pre-paid investment cards (PPICs) which can be purchased by individuals as investment products for themselves or as gifts for PPIC recipients. The PPICs are pre-paid stored value cards that are provided for use with the investment system by a PPIC company, which establishes relationships with partner financial services providers and partner retailers to provide investment vehicles and the PPICs. The value stored on the PPICs can be redeemed through a PPIC website maintained by the PPIC company or the partner financial services provider(s), whereby the value on the PPIC is deposited in an investment account established for the PPIC recipient, and then allocated among specified investment vehicles. The PPIC purchaser may optionally define usage rules governing how the PPIC value is allocated. | 02-14-2013 |
| 20130041847 | Apparatus For Displaying Orders For Financial Derivatives And Evaluating Financial Derivatives, And A System And A Method Thereof - A computer screen showing a computer generated bar chart representing orders for financial derivatives, wherein the bid and offer prices for the orders are represented by markers in the bar chart. The volatility of the derivatives is calculated and represented by a volatility line in the chart. The extent to which the bids and offers differ from the theoretical value is represented by the distance between the markers and the volatility line. | 02-14-2013 |
| 20130041848 | Identifying and Compensating for Model Mis-Specification in Factor Risk Models - Techniques for using factor risk models to more accurately estimate the risk or active risk of an investment portfolio are disclosed. Inherent “modeling error” in factor risk models is identified and compensated for. One or more factors are added to compensate for factors that are unspecified or unattributed in the original factor risk model and which lead to modeling error. The approach can be used with a variety of different factor risk models, and for a variety of securities. Knowledge of the risk associated with modeling error can be utilized when estimating risk or active risk using factor risk models or when constructing optimal portfolios by mean-variance optimization or other portfolio construction strategies using factor risk models. | 02-14-2013 |
| 20130046709 | SYSTEM AND METHOD FOR PROVIDING AN INTERMEDIARY FOR A TRANSACTION - A method of providing an intermediary for a transaction is provided. The method includes receiving a first request to place a first order to trade a first product at a first price, the first product being associated with one or more events. The first order is placed. The method further includes receiving a second request to place a second order to trade the first product at a second price. The second order is placed. A match between the first order and the second order is identified based at least in part on the first price of the first order and the second price of the second order. A first set of one or more obligations is established based at least in part on the first order, and a second set of one or more obligations is established based at least in part on the second order. | 02-21-2013 |
| 20130046710 | METHODS AND SYSTEM FOR FINANCIAL INSTRUMENT CLASSIFICATION - The invention relates generally to financial instrument classification and more particularly to methods and system for recognizing similarities in behaviors among financial instruments. According to one embodiment, a method of classifying similar financial instruments is provided. Classification analysis is performed on a desired financial instrument that a user specifies to determine other financial instruments that behave similarly to the specified financial instrument during a specified time range. Based on the classification, the similarly behaving financial instruments and additional characteristics are presented to the user for evaluation and tracking. | 02-21-2013 |
| 20130054486 | Extended management system - A method of, computer program product and system for transforming data representative of an enterprise and its employees into a plurality of models that identify the tangible contribution of one or more elements of value and external factors to both a pension plan for enterprise employees and the enterprise. The models which are developed using automated learning support the management and/or optimization of both the pension plan and the enterprise. | 02-28-2013 |
| 20130054487 | COMPUTER-BASED SYSTEMS AND METHODS FOR COMPUTING MARKET-ADJUSTED ELASTICITIES FOR ACCOUNTS - Relating resources expended by a securities research entity to revenue received by a financial services firm including the securities research entity. A computer system may receive account revenue data indicative of revenue received by the financial services firm from a first customer investment account for at least securities trade execution by the financial services firm for the first customer investment account. The computer system may also receive account expense data indicative of expenses incurred by the securities research entity on behalf of the first customer investment account. The computer system may determine a market condition-adjusted elasticity for the first customer investment account. The market condition-adjusted elasticity, determined based on at least one market condition for securities, may indicate a relationship between the expenses incurred by the research entity on behalf of the first customer investment account and the revenue received by the financial services firm from the first customer investment account. | 02-28-2013 |
| 20130054488 | SYNTHETIC FUNDS HAVING STRUCTURED NOTES - The present invention relates to synthetic funds for purchase by investors. A structured note is structured to provide customized equity returns/exposure. Terms of each structured note may be specified by the purchaser and the structured notes may be unsecured liabilities of the obligor, e.g., there are no underlying assets upon which the structure note is based. Thus, there will be no limits on the use of structured note proceeds and management of assets and liabilities will be left entirely to the obligor's discretion. Structured note payment obligations may be related to the performance of an objective valuation, but structured note holders will depend on the good credit of the obligor for payment. | 02-28-2013 |
| 20130054489 | System and Method for Facilitating the Funding and Administration of a Long Term Investment or Retirement Trust - The funding and administration of a long term investment and/or retirement trust for an individual or individuals are facilitated by the present invention. In one embodiment, the present invention provides a system and method for the input of user variables specific to the requirements necessary for the real-time production of trust documents necessary and specific to the purpose of establishing a funded investment or pre-retirement trust for the individual. The present invention accommodates age-banded funds and investment options, life insurance funding vehicles, loan funding vehicles and alternative (e.g., non-retirement) distribution options. | 02-28-2013 |
| 20130054490 | METHOD AND SYSTEM FOR SELECTING SECURITIES FOR AN INVESTMENT PORTFOLIO - Methods and systems for selecting and weighting securities for an actively managed exchange-traded fund. An initial selection of stocks includes domestic or international stocks, which are selected based at least in part on market capitalization. Each stock is scored using a plurality of growth and value factors to generate one or more growth scores and one or more value scores. A selection score is determined for each stock, and the stocks are ranked according to selection scores. A predetermined amount of stocks are eliminated from the stock portfolio based on selection score ranking, and the remaining stocks are split into a plurality of sub-groups. A stock portfolio is generated by weighting the remaining stocks according to the sub-groups they are in, with each stock being equally weighted within its sub-group. An exchange-traded fund is offered to consumers based on the stock portfolio. | 02-28-2013 |
| 20130060714 | DEBT AND DERIVATIVE ALLOCATION FOR GAAP ACCOUNTING RECONCILIATION - An apparatus for dividing a balance sheet of a financial instrument from a portfolio level to a sub-portfolio level that includes receiving an asset portfolio and a debt and derivative portfolio of the financial instrument; dividing the asset portfolio and debt and derivative portfolio into a plurality of asset sub-portfolios and debt and derivative sub-portfolios; assigning a portion of each debt derivative sub-portfolio to a specific asset sub-portfolio; allocating a percentage value to each debt and derivative sub-portfolio; calculating a set of financial attributes based upon the allocation percentage; computing a residual error based upon the allocation percentage; and comparing the plurality of residual errors. | 03-07-2013 |
| 20130060715 | INTELLECTUAL PROPERTY COMMERCIALIZATION SUPPORTING SYSTEM CAPABLE OF DIVERSIFYING INVESTMENT RISK BASED ON SOCIAL NETWORK - Provided is a system for supporting intellectual property (IP) commercialization based on a social network in which business experts, a technology provider, and optionally capital investors can join. The system includes a project information providing unit configured to provide investment project information over a computer network, the investment project information including technical description of a target technology to be commercialized by a technology provider; an investment processing unit configured to store, as the project information, outcomes generated from knowledge-based services which are offered by participants for individual business elements required for commercialization of the target technology; and an investment share managing unit configured to manage shares converted from knowledge-based services offered by investors for the project, on the individual project/investor basis. | 03-07-2013 |
| 20130060716 | USING COMMERCIAL SHARE OF WALLET TO RATE INVESTMENTS - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 03-07-2013 |
| 20130060717 | COMPREHENSIVE SAVINGS AND INVESTMENT METHOD AND SYSTEM - In an automated savings and investment system, a Service Provider negotiates agreements with each one of a plurality of parties defining terms under which funds can be transferred from the respective party to the Service Provider on behalf of a subscriber. The Service Provider defines enhanced services under which deposit amounts can be supplemented with additional funds. The Service Provider identifies, from among the plurality of parties, a set of parties with which a given subscriber has a financial relationship and enables the subscriber to subscribe to one or more of the agreements; identifies a set of permissible enhanced services to which the subscriber is permitted to subscribe, and enables the subscriber to select at least one of the permissible enhanced services. A server receives and accumulates deposit amounts in an account associated with the subscriber; and automatically invests accumulated deposit amounts in accordance with investment preferences of the subscriber. | 03-07-2013 |
| 20130066801 | OPTION SPREAD MIDRANGE PROCESSING - Midrange values, which may be, for example, midpoint values, may be derived and provided for use in identifying spread opportunities. A first midrange value disposed between a bid price and a ask price is derived for the first financial instrument. A second midrange value disposed between a bid price and a ask price is derived for a second financial instrument. A computing system then derives from the first and second midrange values a midrange spread value representing a difference between the first and second midrange values. Information identifying the first financial instrument including the first midrange value, information identifying the second financial instrument including the second midrange value, and the midrange spread value are communicated for display. | 03-14-2013 |
| 20130066802 | TARGET TRADING SYSTEM AND METHOD - A method of reaching one or more target positions in a user-directed trading system includes the steps of: identifying target positions, wherein each target position includes a tradable instrument identifier and a target quantity; for at least one of the target positions, identifying a corresponding initial position including a current quantity associated with the tradable instrument identifier; and triggering the trading system to identify orders required to reach at least one target position from at least one initial position. A user-directed trading system includes: a user interface through which a user identifies target positions, wherein each target position includes a tradable instrument identifier and a target quantity; for at least one of the target positions, identifies a corresponding initial position including a current quantity associated with the tradable instrument identifier; and identifies orders required to reach at least one target position from at least one initial position. | 03-14-2013 |
| 20130066803 | SYSTEM AND METHODS FOR ANALYZING, COMPUTING AND DISPLAYING DEPTH OF MARKET VOLUME STRENGTH - Systems and methods are described for analyzing, computing and displaying the depth of market (DOM) volume strength which may assist trader to forecast the movements of the financial instrument in a structured and systematic manner. According to various embodiments, the DOM volume of a financial instrument is measured. The DOM volume can include bid volume elements and/or ask volume elements corresponding to price levels for electronically traded financial vehicles such as stocks, futures, bonds, commodities, options and the like. | 03-14-2013 |
| 20130066804 | TARGET PORTFOLIO TEMPLATES - Methods, systems, and apparatus, including computer programs encoded on computer storage media, for preferred portfolio templates. One of the methods includes identifying a base data structure, the base data structure having nodes, each node of the base data structure having attributes. The method includes generating a dependent data structure based on the base data structure, each node in the base data structure having a corresponding a node in the dependent data structure. The method also includes determining whether to automatically change an attribute of a node in the dependent data structure in response to a change in an attribute of the corresponding node of the base data structure. | 03-14-2013 |
| 20130066805 | Method and System for Providing Synthetic Exposure to an Actively Managed Portfolio - An investment vehicle tracks the positive returns of actively managed investments without realizing investment return from the actively managed assets directly. This tracking is provided through the purchase of a series of call options linked to the positive performance of the actively managed portfolio as well as supplemental investments, for example, in fixed income instrument to provide a desired volatility to the portfolio of options and supplemental investments. | 03-14-2013 |
| 20130066806 | SYSTEM AND METHOD FOR DETERMINING THE MARKET RISK MARGIN REQUIREMENTS ASSOCIATED WITH A CREDIT DEFAULT SWAP - A system and computer-implemented method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The system and method implement steps and procedures for analyzing the portfolio including the plurality of financial instruments where analyzing further includes determining a first time-series of returns for the plurality of financial instruments, determining a second time-series of returns for the plurality of financial instruments where the second time-series occurs after the first time-series, and calculating the correlation between the first time-series of returns and the second time-series of returns. The system and method implement further steps and procedures for calculating residuals and volatilities for the plurality of financial instruments within the portfolio as a function of the first time-series of returns, calculating a correlation matrix and degrees-of-freedom utilized to simulate standardized residuals for each of the plurality of financial instruments within the portfolio, generating simulated returns as a function of the simulated standardized residuals and the returns, generating a spread distribution for the portfolio, wherein the portfolio is repriced as a function of the simulated returns, and calculating a margin risk based on a risk percentile associated with the spread distribution. | 03-14-2013 |
| 20130066807 | Clearing System That Determines Margin Requirements for Financial Portfolios - Methods, systems and apparatuses are described for calculating a performance bond amount for a portfolio including interest rate swaps. A risk calculation module (or risk processor) may assist in the calculation. In some examples, values, such as swap (DV01) dollar values and volatility values, and adjustments/factors, such as calendar charge adjustments and liquidity charge minimums, may be used to enhance the margin calculation. These values may be maintained and updated in various ways, including but not limited to, lookup tables, matrices, and other structures. The margin calculations may be used by an exchange or clearinghouse to request a portfolio holder to deposit additional funds towards a performance bond associated with the portfolio. | 03-14-2013 |
| 20130066808 | METHOD AND APPARATUS FOR PRICING SECURITIES - The invention provides computer-implemented techniques and systems for parsimoniously modelling the price or value, expected rate of return or other relevant characteristics of securities issued by, or referenced to, firms (or other assets) by incorporating risk premia such that a range of different securities can be evaluated within a single, unified and coherent framework, thereby leading to significant reduction in the computing resources otherwise required. | 03-14-2013 |
| 20130066809 | Method of Identifying Patterns in Stock Market Data - The present invention relates to a method of identifying patterns in stock market data, the method comprising the steps of converting the stock market data for a given time period into a character representation of the stock market data; generating a string of character representations of the stock market data for a plurality of given time periods; and searching the string of character representations for a given sequence of character representations, the sequence representing a known pattern. The method provides for efficient identification of patterns in stock market date, in particular micro-patterns. | 03-14-2013 |
| 20130073478 | METHODS FOR VENDOR SCORING AND GENERATION OF REQUESTS FOR PROPOSALS AND REPORTS FOR INVESTMENT PRODUCTS - Electronic or computer-implemented systems and methods for allowing an investment advisor or user to evaluate one or more financial products offered by one or more providers of financial products, involving electronic configuration of a set of required and a set of preferred questions and corresponding appropriate answers for each of the questions in these sets, electronic configuration of weights for each of the questions in the set of preferred questions, electronically provided responses to at least some of the questions, electronic comparison of the appropriate answers and the responses, electronic calculation of preferred, required and combined scores, and electronic presentation of the combined scores to the investment advisor or user. Electronic or computer-implemented systems and methods for the generation of requests for proposals and reports based upon the scores obtained. | 03-21-2013 |
| 20130073479 | SYSTEM AND METHOD FOR MULTI-FACTOR MODELING, ANALYSIS AND MARGINING OF CREDIT DEFAULT SWAPS FOR RISK OFFSET - A method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The method includes receiving a plurality of data associated with the plurality of financial instruments within the portfolio, calculating a maximum risk margin for each of the plurality of risk factors such that the maximum risk margin for each of the plurality of risk factors is determined based on the plurality of data, and calculating a total multi-factor risk margin based on maximum risk margin for each of the plurality of risk factors. | 03-21-2013 |
| 20130073480 | REAL TIME CROSS CORRELATION OF INTENSITY AND SENTIMENT FROM SOCIAL MEDIA MESSAGES - A method finds patterns in a target real-valued time series by utilizing sentiment and frequency derived from a stream of social media messages, wherein the target represents a quantifiable property of an asset being tracked. The method includes identifying a target, which is a sampled real-valued time series; generating a sentiment time series, s | 03-21-2013 |
| 20130073481 | Risk and Reward Assessment Mechanism - A data driven and forward looking risk and reward appetite methodology for consumer and small business is described. The methodology includes account level historical data collection for customers associated with accounts as part of a portfolio. The account level historical data is segmented into groups of customers with similar revenues and loss characteristics. Segmented data is decomposed into seasoning, vintage, and cycle effects. Statistical clusters are formed based upon the data and effects. A simulation is applied to the statistical clusters and prediction data is generated. A simulation strategy to forecast and simulate revenue and loss volatility is developed. Efficient frontier curves of risk (e.g., return volatility) and reward (e.g., expected return) are created for the current portfolio under various economic scenarios. | 03-21-2013 |
| 20130073482 | Hedge Fund Risk Management - A computerized method and system for managing risk associated with a Hedge Fund is disclosed. Information relating to Hedge Funds is gathered and stored as data in preparation for a risk inquiry search relating to a Hedge Fund. Documents and sources of information can also be stored. A subscriber, such as a Financial Institution, can submit a Hedge Fund descriptor for which a risk inquiry search can be performed. The risk assessment or inquiry search can include data retrieved resultant to augmented retrieval methods. Scrubbed data as well as augmented data can be transmitted from a risk management clearinghouse to a subscriber or to a proprietary risk system utilized by a subscriber, such as a risk management system maintained in-house. Risk inquiry searches can be automated and made a part of standard operating procedure for any transaction conducted by the subscriber in which a Hedge Fund is involved. | 03-21-2013 |
| 20130080351 | Web And Social Media Platform For Selling IPO Stock To Large Numbers Of Issuer's Customers - A web and social media-based, fully automated offering of stock such as an Initial Public Offering (IPO) allows retail investors to participate with small amounts of money, while allowing issuing companies to build customer loyalty, and while complying with securities regulations. Several days before the offering date, users enroll in the offering via an enrollment user interface, providing a non-binding amount to invest. A preliminary prospectus, including an expected price range of the shares, is provided, and a suitability algorithm is performed. An IPO deposit is transferred from a payment source to an escrow account. A countdown clock to a time of the offering is provided. During a limited time window, the users can confirm or change the non-binding amount. After the time window, the shares are allocated. Enrollment in a post-IPO Customer Stock Ownership Plan (CSOP) and/or a Dividend Reinvestment Plan (DRIP) is also facilitated. | 03-28-2013 |
| 20130080352 | METHOD OF CREATING AND MAINTAINING MULTI-MANAGER EXCHANGE TRADED FUNDS - Systems and methods for creating and maintaining multi-manager exchange traded funds. An embodiment of a method includes receiving a plurality of model portfolios, each created by a different portfolio manager and identifying a plurality of assets traded on a stock exchange. A portfolio composition file is created based at least in part on at least a portion of the model portfolios. The portfolio composition file identifies a set of constituent assets traded on the stock exchange. One or more authorized participants are authorized to trade the set of constituent assets for a creation unit of an exchange traded fund. The creation unit includes at least one share that is tradable on the stock exchange by both the authorized participant(s) and the investors. | 03-28-2013 |
| 20130080353 | METHODS AND SYSTEMS OF FINANCIAL DATA ANALYSIS AND SIMULATION - A method of financial data analysis that comprises calculating for each member of a first group of publically traded financial instruments, a current growth grade according to combination of growth factor scores and a current value grade according to a combination of value factor scores, generating a presentation depicting the distribution of members of the first group according to their growth and value factor scores, receiving from a user a correlation between a range of value grades and a range of growth grades, the correlation being selected according to the presentation, selecting a second group of the publically traded financial instruments according to historical financial data so that each member thereof having historical growth and value grades which correspond with the value and growth grade ranges, performing back testing simulation(s) to members of the second group according to financial data from the past period, and presenting the testing simulation outcome. | 03-28-2013 |
| 20130080354 | METHODS AND APPARATUS RELATED TO BILLING AND ACCOUNTING FOR ASSETS THAT REQUIRE MORE THAN TWO FACTORS TO ESTABLISH ASSET VALUE - A non-transitory processor-readable medium includes code to cause a processor to receive a signal associated with a quantity of an asset at a first time, having a value of an underlying index at the first time. The processor executes code to re-index the underlying index at the first time to a predetermined value to produce a re-indexed value at the first time. The processor executes code to calculate a value of the asset at a second time, after the first time, based at least in part on the re-indexed value at the second time and an adjustment value. The adjustment value based on the re-indexed value at the first time, the re-indexed value at the second time, and a multiplier. The processor executes code to send, to a requesting entity, the value of the asset at the second time. | 03-28-2013 |
| 20130080355 | System and Method of Margining Fixed Payoff Products - A system and method is disclosed for determining performance bonds for fixed payoff products, i.e. contracts which payoff a fixed amount based on the outcome of an underlying event regardless of the value thereof. The worst outcome of the overall portfolio, which may contain more multiple instruments, is calculated, allowing the portfolio to have both long and short positions on the same underlying event and offsets among instruments within the portfolio. A universe of outcomes is constructed including single events with single outcomes, and the probability thereof, and single events with multiple outcomes, each with a probability thereof. Each outcome has an associated price and probability. Low probability events will have low values, resulting in a lower margin requirement. The margin requirement is then the amount of the maximum loss that the portfolio can sustain for any possible outcome of the underlying event, adjusted for the probability thereof. | 03-28-2013 |
| 20130085963 | METHOD AND SYSTEM FOR IMPLEMENTING AN ADAPTIVE INVESTING METHODOLOGY - Method and system for implementing an adaptive investing methodology. An asset allocation is determined for each of a plurality of periods of a model duration that optimize an objective function. The asset allocations identify for each of the periods how much of the investment account to invest in one or more asset classes. The objective function subtracts a value of a shortfall risk function from an expected value of an amount of income to be generated by an annuity purchased at the end of the model duration with funds in the investment account at the end of the model duration. The asset allocations are associated with values of a plurality of investor variables. The values of the plurality of investor variables and their associated asset allocations may be stored in one or more wealth tables and used to look up asset allocations for one or more investors. | 04-04-2013 |
| 20130085964 | REVENUE ORIENTED PATENT PORTFOLIO MANAGEMENT - This disclosure comprises a method and system to automatically provide important business information to a user of the system at key decision making times during the lifetime of a patent with the goal of aligning business and strategies. The system will include an interface for the client to input information regarding business strategy on a continual basis and another interface to present the compiled information to the client at a later time, or to the working attorney. That information will be automatically sent to key decisions makers throughout the lifetime of a patent. Specifically, the business strategy information will consist of a revenue contribution ranking for client products as well as the competitors' products for each geographic region for which the invention is to be made, sold or transported. | 04-04-2013 |
| 20130085965 | Method and Apparatus of Investment Strategy Formulation and Evaluation - A technique for formulating and evaluating financial investment strategies is provided. In one aspect, a method based on the technique receives, on an input device, a first user input from a user; receives financial data from a data collecting service and a data mining service; stores the received data; computes to provide a user-specific investment strategy based at least on the first user input, a user profile of the user, a trading style of the user, and the received data; and displays to the user, on an output device, the user-specific investment strategy. | 04-04-2013 |
| 20130085966 | SYSTEM, METHOD, ARTICLE FOR FACILITATING DERIVATIVES TRANSACTIONS - A derivatives transaction service is provided and includes qualifying prospective users of the service based on a user type and credit evaluation, determining approved transaction types for qualified users, identifying approved risk mitigation methods for qualified users; enrolling qualified users in the service; and providing to a qualified user services such as transaction search services; transaction offer services; portfolio management services; and transaction negotiation services. The service may be provided using one or more configured computing systems. | 04-04-2013 |
| 20130091072 | ALGORITHM FOR POST-TRADE ANALYSIS AND FORMULATION OF OPTIMIZED STRATEGY FOR SUBSEQUENT TRADES - A computer-implemented system and method for using market data and analysis of previous trades to improve return on investment in one or more future trades. Historical trading data relating to a fund is collected and used to identify an alpha profile of the fund. Outcomes of a plurality of strategies for trading a security are simulated based on the identified alpha profile, and an optimized trading strategy is determined based on the results of the simulations. | 04-11-2013 |
| 20130091073 | Method and System to Solve Dynamic Multi-Factor Models in Finance - Methods and systems for estimating time-varying factor exposures of either an individual financial instrument or a portfolio of such instruments, through the solution of a constrained multi-criteria dynamic optimization problem, providing an estimation error function and one or more transition error functions to be minimized over a period of time. The factor exposures relay the influence of the factors on the return of the instrument or portfolio. The estimation error function provides the estimation error at each time interval between the return of the asset collection and a sum of products of each factor exposure and its respective factor. Each transition error function provides a transition error of each factor exposure between time intervals. In one embodiment, the constraints can include a budget constraint and non-negativity bounds applying to some or all of the factor exposures. In other embodiments, the method and system can be applied to estimating any time-varying weight that is used in a model, to relay the influence of one or more independent variables on a dependent financial or economic variable, through the solution of a constrained multi-criteria dynamic problem, minimizing estimation error and, transition error terms. In other embodiments, the solution of a multi-criteria dynamic problem can be used as part of a method and system to determine structural breakpoints for each factor, and also as part of a method and system for determining optimal parameters to weight the transition error functions and selecting the factors included in the model. | 04-11-2013 |
| 20130091074 | METHOD AND SYSTEM FOR GENERATING A MUTUAL FUND SALES COVERAGE MODEL - A method for generating a sales coverage model for a purchaser of a mutual fund, comprising: using a processor, determining a purchaser score for the purchaser, the purchaser score being a predicted purchase amount of the mutual fund by the purchaser for an upcoming month; determining a responsiveness metric for the purchaser; determining a response curve for the purchaser by combining the purchaser score with a natural logarithm of a number of meetings with the purchaser per year scaled by the responsiveness metric and with a natural logarithm of a number of telephone calls to the purchaser per year scaled by the responsiveness metric, the response curve being a model of predicted purchase amount of the mutual fund by the purchaser for an upcoming year; determining a profit maximizing number of meetings with the purchaser and a profit maximizing number of telephone calls to the purchaser from the response curve and from predetermined costs associated with each meeting with the purchaser and with each telephone call to the purchaser; and, presenting the profit maximizing number of meetings with the purchaser and the profit maximizing number of telephone calls to the purchaser on a display coupled to the processor as the sales coverage model for the purchaser. | 04-11-2013 |
| 20130091075 | ELECTRONIC COLLATERAL MANAGEMENT SYSTEM AND METHOD - A process for allocating specific assets from a pool of assets to secure a liability. Information concerning each of the assets in the pool of assets is received from at least two sources. A set of validation rules is applied to the information for each asset in the pool of assets and those assets which do not meet the validation rules are rejected. A price is assigned to each non-rejected asset. A subset of the non-rejected assets is allocated to the liability as a function to collateralize the liability. | 04-11-2013 |
| 20130091076 | System for Electronic Re-Allocation of a Transaction Amount to an Investment - This system may include a system for electronically reallocating any portion of a transaction by maintaining a user account at a user institution; maintaining a vendor account at a vendor institution; maintaining a user account at a trust institution; initiating: a transaction for the transaction amount; electronically distributing the transaction amount from said user account to said vendor account; and electronically distributing at least a portion of the transaction amount from the vendor account to the user account at the trust institution, wherein the portion of the transaction amount in the user account at the trust institution is placed an to investment vehicle. The system of the present invention may further comprise providing an interactive information source between the user and the trust institution, whereby the trust institution can provide information (current or historical) to the user regarding the portion of the transaction amount placed in the investment vehicle. | 04-11-2013 |
| 20130091077 | System and Method for Resolving Transactions with Variable Offer Parameter Selection Capabilities - A system and method for the online settling of a transaction is provided. The system includes a server arrangement configured to determine a set of curves or planes defining acceptable settlement conditions for the financial transaction, enabling the user to select an acceptable settlement condition using interactive controls or computer implemented controls engageable by the user, such as sliding selectors or rotatable dials or the like, or controls enabling placement of points on a curve or curves. | 04-11-2013 |
| 20130097097 | METHODS AND SYSTEMS FOR MANAGING LONGEVITY RISK - A method for managing risk of longevity is presented in which transactions with supplier and demander entities which benefit from longevity increases or decreases, respectively, are hedged by an intermediary. For example, the intermediary may purchase a first bond from a first entity and sell a second bond to a second entity. Each of the bonds may be linked to a longevity statistic or index. | 04-18-2013 |
| 20130097098 | METHODS AND SYSTEMS FOR PROVIDING DEFERRED ANNUITIES WITH AN INCOME RESET FEATURE - Methods and corresponding systems are provided for providing and administering deferred annuities with an annuity reset feature that provide periodic income payments to an annuitant for a term beginning at a start date. The methods include the step or steps of: receiving annuity information for an annuitant; determining at a first date one of a purchase price and an amount of at least one income payment due to the annuitant at the start date. The purchase price or the amount of at least one income payment due the annuitant includes a fee for the annuity reset feature that resets at least one variable of the annuity at a reset date later than the first date if the at least one variable of the annuity at the reset date is more beneficial to the annuitant than at least the first date; and offering the annuity with the reset feature to the annuitant. | 04-18-2013 |
| 20130103610 | METHOD OF DAILY RECONCILIATION OF PARTICIPANT BENEFITS FOR A DEFINED BENEFIT PLAN - A method and software for daily reconciling and monitoring of a defined benefit plan including plan assets and plan benefit liabilities. A data processor receives a daily plan asset value and automatically tracks a difference between the plan asset value and allowed benefit values for participants of the defined benefit plan. The method further includes automatic posting of the difference to a side account with the data processor. | 04-25-2013 |
| 20130103611 | METHOD AND SYSTEM FOR ADMINISTERING THE HEDGING OF AN EMPLOYEE DEFERRED COMPENSATION PLAN USING SWAPS - A method and system for administering the hedging of an employee deferred compensation plan, e.g., which employs hedging of NQDC plan liabilities using total return swaps and/or put and call options and/or forwards, for tax purposes. A plan coordinator coordinates a transfer of information between an employer/plan sponsor, a plan administrator that communicates with the employees/plan participants, and a balance sheet provider. The plan coordinator receives and reconciles data and then calculates and modifies relevant information for tax purposes and use in reports that are provided to the plan sponsor and balance sheet provider. Calculations and modifications for tax purposes allow the plan sponsor to reap tax benefits from the NQDC plan swap hedge. The reports include an upcoming transactions report, which indicates new compensation deferrals, reallocations of previously deferred compensation among specified indices, and withdrawals. | 04-25-2013 |
| 20130103612 | Method and System for Using a Bayesian Belief Network to Ensure Data Integrity - The present invention relates to a method and system for assessing the risks and/or exposures associated with financial transactions using various statistical and probabilistic techniques. Specifically, the present invention relates to a method and system for identifying plausible sources of error in data used as input to financial risk assessment systems using Bayesian belief networks as a normative diagnostic tool to model relationships between and among inputs/outputs of the risk assessment system and other external factors. | 04-25-2013 |
| 20130103613 | DEVICE, METHOD AND SYSTEM OF PRICING FINANCIAL INSTRUMENTS - Some demonstrative embodiments include methods, devices and systems of pricing financial instruments. In one embodiment, a pricing module may be configured to receive first input data corresponding to at least one parameter defining a first option on an underlying asset and second input data corresponding to at least one current market condition relating to said underlying asset, and, based on said first and second input data, to determine a price of the first option according to a volatility smile satisfying a first criterion relating to a sum of a first correction corresponding to the first option and a second correction corresponding to a second option representing a position opposite to a position of a the first option and having substantially a same absolute delta value as the first option, wherein the first correction relates to a difference between a theoretical price of the first option and the price of the first option according to the volatility smile, and wherein the second correction relates to a difference between a theoretical price of the second option and the price of the second option according to the volatility smile. Other embodiments are described and claimed. | 04-25-2013 |
| 20130103614 | SYSTEM AND METHOD OF ALLOCATING DIVIDENDS TO CLASSES OF STOCK SHARES AND SUB-CLASSES OF THE STOCK SHARES - A system and a method for allocating dividends to stock shares are provided. The method includes creating a sub-class of a first stock share class. The method further includes allocating a first percentage of a total dividend amount to a first plurality of stock shares in the first stock share class. The method further includes allocating a second percentage of the total dividend amount to the second plurality of stock shares in the sub-class of the first stock share class. The method further includes storing the first percentage of the total dividend and the second percentage of the total dividend in a memory device. The method further includes buying-back stock shares in the first stock share class or sub-class of the first stock share class. | 04-25-2013 |
| 20130103615 | PROJECT ECONOMICS ANALYSIS TOOL - The present invention is applicable in the field of corporate finance, corporate capital investments, economics, math, risk analysis, simulation, decision analysis, and business statistics, and relates to the modeling and valuation of investment decisions under uncertainty and risk within all companies, allowing these firms to properly identify, assess, quantify, value, diversify, and hedge their corporate capital investment decisions and their associated risks | 04-25-2013 |
| 20130110741 | MULTI-LEVEL AUTOMATED HEDGING PROCESS | 05-02-2013 |
| 20130110742 | COMPUTER SYSTEM AND COMPUTER-IMPLEMENTED METHOD FOR ADMINISTERING A CUSTOMIZABLE ANNUITY PRODUCT | 05-02-2013 |
| 20130110743 | Financial Risk Cover Analysis, Modeling Control and Monitoring System | 05-02-2013 |
| 20130117196 | CONTRACT COMPLIANCE SYSTEM - Disclosed is a system and method for monitoring compliance with contract criteria. A rule-tracking module is configured to receive a document comprising client-specified criteria; deconstruct the criteria into contract rules and store the contract rules on the data storage component; and associate with each of the contract rules the document comprising the criteria from which such rule derives. A rule-monitoring module is configured to assign a risk level to each of the rules based on a subjective importance of such rule. A rule testing module is configured to receive information regarding the testing of rules and provide a notification if a rule has not been tested within the testing time period of such rule. | 05-09-2013 |
| 20130117197 | Determination of a Size of a Credit Default Swap Guaranty Fund - A system for determining an amount of a guaranty fund to cover mutual systemic risk of loss among a plurality of entities trading credit default swap (“CDS”) instruments using a central counterparty, such as the CME, is disclosed. The disclosed embodiments relate to a system and method for calculating a value, i.e. the size or magnitude, such as in dollars, of a CDS guaranty fund, such as more optimal size thereof, e.g. a size more reflective of the true risk, or each member's contribution thereto, thereby reducing or minimizing the burden on participants while adequately ensuring that risks are covered. The disclosed embodiments utilize a generalized approach to avoid too many risk scenarios while still accounting for all relevant possible portfolio constructions. | 05-09-2013 |
| 20130117198 | Intellectual property method for dollar cost averaging invesetment plan process for ongoing stock investing - A Dollar Cost Averaging Investment Plan Process for Ongoing Stock Investing builds an investment portfolio over time. The system prompts a user for an account number; investments are made in accordance with the DCA program. The user establishes from numerous parameters the criteria that governs the DCA process. Periodic email transmissions optionally provide for review of and adjustments to standing orders and commissions, or to cancel the standing orders. The system facilitates building an investment portfolio over time with a hands-off approach to investing. | 05-09-2013 |
| 20130117199 | USING ACCOUNTING DATA BASED INDEXING TO CREATE A LOW VOLATILITY PORTFOLIO OF FINANCIAL OBJECTS - A system, method and computer program product creates an index based on accounting data, or a portfolio of financial objects based on the index where the portfolio is weighted according to accounting data. Indexes may be built with metrics other than market capitalization weighting, price weighting or equal weighting. Financial and non-financial metrics may be used to build indexes to create passive investment systems. A combination of financial non-market capitalization metrics may be used with non-financial metrics to create passive investment systems. Once built, the index may be used as a basis to purchase securities for a portfolio. Specifically excluded are widely-used capitalization-weighted and price-weighted indexes, in which price of a security contributes in a substantial way to calculation of weight of that security in the index or the portfolio, and equal weighting weighted indexes. The indexes may be constructed to minimize volatility. | 05-09-2013 |
| 20130117200 | SYSTEMS AND METHODS FOR OPTIMIZATION OF INVESTMENT PORTFOLIOS - Systems and methods for operating digital computer system and a quantum processor to optimize an investment portfolio are described. A set of candidate investments is mapped to the qubits of the quantum processor, where each qubit is programmed with a respective programmable qubit parameter that is representative of the recent performance of the particular candidate investment to which the qubit corresponds. Pair-wise correlations between the candidate investments are mapped to coupling devices of the quantum processor, where each coupling device is programmed with a respective programmable coupling parameter that is representative of the particular correlation to which the coupling device corresponds. The quantum processor is evolved to determine the minimum energy configuration of the qubit states with respect to the programmable qubit and coupling device parameters. The digital computer system interacts with the quantum processor via an investment portfolio optimization module. | 05-09-2013 |
| 20130124431 | System Providing Commodity Price-Move Protection for Small Risk Holders - A system for providing small to medium sized entities commodity price move protection is disclosed. The system may have the steps of receiving information from a client, selecting an appropriate commodity instrument, aggregating the client with other clients, and selecting an appropriate hedge in the event that the instrument provides for more protection than is sought by the aggregated clients and protection for the service provider is desired. | 05-16-2013 |
| 20130124432 | SYSTEM AND METHOD FOR THE CREATION AND SALE OF SEC-COMPLIANT INVESTMENT VEHICLES - A system and method are disclosed for raising financing in accordance with SEC and other regulatory requirements by an early stage company. Initially, a draft business plan is presented to collaborators, on a company's Internet website, and interested potential collaborators of the company are allowed to collaborate and assist in the development and refinement of the business plan, invite other prospective collaborators likewise to collaborate on the plans development. At such point as the business plan receives enough such indications of positive interest from collaborators, the company may elect to package the business plan elements into a securities offering as may be determined suitable by the company based on the number, qualifications, and geographic locations of collaborators who have indicated a willingness and a desire to invest in the company which they have helped to create. | 05-16-2013 |
| 20130124433 | METHODS AND COMPUTER SOFTWARE APPLICATIONS FOR SELECTING SECURITIES FOR AN INVESTMENT PORTFOLIO - Provided are methods and computer software applications for generating a stock portfolio, and/or enhanced stock index, through using a plurality of growth factors and a plurality of value factors to rank stocks, and for constructing investment vehicles based on the stock portfolio. The method, software application, or computer apparatus of the present technology employs a novel stock selection strategy to select stocks from a pre-selected universe of securities such as a commercially available stock market index in order to create a stock portfolio, and/or enhanced stock index, and a fund based thereon that can generate positive alpha as compared to a fund based on the pre-selected universe of securities. | 05-16-2013 |
| 20130124434 | SYSTEM AND METHOD USING CONTRACT FOR RISK TRANSFERENCE - Disclosed herein is a system and method for eliminating or transferring the non-economic risk of financial securities. The system and method serves to avoid non-economic losses in the first instance, and to counter the adverse capital impact of prior non-economic gap losses by providing capital relief consistent with a determined protected amount. A client sells to an investor its rights to payments from a fixed income securities (FIS) Portfolio that exceed an agreed threshold, or protection value. The investor purchases the rights to the payments from the client for an amount substantially equal to the difference between the protection value and a higher threshold, or implied value. The client and investor agree to a profit sharing arrangement for FIS Portfolio payments over the implied value. As security for the client's obligation to deliver either the FIS Portfolio or its proceeds to the investor after the FIS Portfolio returns reach the protection value, the client pledges the FIS Portfolio or other agreed upon assets, or some combination thereof. | 05-16-2013 |
| 20130132300 | METHODS AND SYSTEMS FOR COMBINING SECURITIES AND CARBON CREDITS - Systems and methods are provided for reducing or neutralizing a carbon footprint of a security using carbon credit. At least one security that is excluded from an investment fund may be determined. A carbon footprint of the at least one security may be calculated. A first amount of carbon credit necessary to neutralize the carbon footprint of the at least one security may be determined. A second amount of carbon credit may be purchased based on the act of calculating the first amount of carbon credit necessary to neutralize the carbon footprint. A financial instrument determined to have an at least partially neutralized carbon footprint may be generated by causing the at least one security and the second amount of carbon credit to be stored in a trust. | 05-23-2013 |
| 20130132301 | SYSTEM AND METHOD FOR PROCESSING DATA RELATING TO PROVIDING RISK MANAGEMENT FOR INVESTMENT ACCOUNTS - A computer system or network of computer systems is configured to administer investment accounts issued by an issuer. The investment accounts include equity based investments having associated guarantees, such as variable annuities during the accumulation phase. The investment accounts further include fixed income investments with a guarantee, such as a guaranteed minimum accumulation benefit. The fixed income accounts may sell may sell equity put spreads to the variable annuity accounts, and the variable annuity accounts may sell equity all spreads to the fixed income accounts. An independent pricing service may determine pricing for non-traded instruments. | 05-23-2013 |
| 20130132302 | SYSTEMS, METHODS AND INTERFACES IN A PATENT PORTFOLIO MANAGEMENT SYSTEM - Systems, methods and interfaces for patent portfolio management are proposed. In one example embodiment, a system comprises at least one module, executing on one or more computer processors, to assign a first, arbitrary patent value unit to any issued patent in the portfolio that has not been cited forward against another patent or application, assign a second, arbitrary patent value unit to any issued patent in the portfolio that has been cited forward against another patent or application, and sum the first and second arbitrary patent values units to derive the aggregate value of the patent portfolio. | 05-23-2013 |
| 20130132303 | SYSTEM AND PROCESS TO PROVIDE A SECURITY THAT CLOSELY MIRRORS RETURNS OF AN INDIVIDUAL SECURITY WHILE ALSO PROVIDING STOCK LOAN INCOME - The invention includes a process and a transaction system that allows, tracks, and monitors at least one of an individual security and a security that closely mirrors returns of the individual security. The system includes a database that stores information related to at least one of the individual security and the security that closely mirrors returns of the individual security associated with a lender, a server configured to receive a request from an investor to borrow at least one of the individual security and the security that closely mirrors returns of the individual security, the server further configured to execute a lending transaction requested by the investor to borrow at least one of the individual security and the security that closely mirrors returns of the individual security, and the server further configured to track and monitor the lending transaction. | 05-23-2013 |
| 20130132304 | METHOD AND SYSTEM FOR PROVIDING SUSTAINABLE PERFORMANCE INSTRUMENTS (SPI) - A method and system for designing and providing sustainable performance instruments. A new type of financial instruments called Sustainable Performance Instruments (SPI) provides investors with returns tied to the actual performance outcomes or impacts from a sustainable social or environments program or other policy interventions. The SPI incentivize investors with higher returns and/or borrowers with lower rates based on a scale on social and/or environmental and/or other objectives. The SPI are a new way to fund innovative projects in public and private sectors that may not be able to find financing or funding using conventional mechanisms. The SPI hold executors of the project or program accountable by directly tying financial returns and other benefits to actual measurable performance benchmarks or observable impacts. | 05-23-2013 |
| 20130132305 | METHOD AND APPARATUS FOR ANALYZING FINANCIAL DATA - A system analyzes multiple financial accounts having a common account holder and identifies a particular attribute, such as interest rate, associated with each of the multiple financial accounts. The system then makes a determination regarding whether an adjustment of funds among the multiple financial accounts would benefit the account holder. If the adjustment of funds would benefit the account holder, then recommending the adjustment of funds to the account holder and offering to perform the recommended adjustment of funds. The system executes the adjustment of funds if the account holder accepts the offer to perform the recommended adjustment of funds. | 05-23-2013 |
| 20130138576 | SYSTEMS AND METHODS FOR IMPLEMENTING A DEFINED MATURITY EQUITY - The invention relates to investment vehicles and supporting systems and methods for implementing and determining the value of a defined maturity equity. In one aspect, the invention includes identifying investment opportunities that represent underlying equity interests in ongoing businesses and selecting one or more of the underlying equities as a basis for a defined maturity equity investment to be issued on an issuance date and to mature on a particular maturity date. Each maturity date represents a future date on which the respective defined maturity equity investment may be redeemed for a respective redemption value. A redemption value may be calculated for the defined maturity equity investment based on operational results of the ongoing business between the issuance date and the maturity date of the defined maturity equity. | 05-30-2013 |
| 20130138577 | METHODS AND SYSTEMS FOR PREDICTING MARKET BEHAVIOR BASED ON NEWS AND SENTIMENT ANALYSIS - The present invention provides a method, system and software that provide a predictive model responsive to the correlation of news articles to stock price movement. The invention analyzes the derivative or ratio of events to drive predictions in a responsive manner. The invention considers derivatives or ratios of news meta-data within a small window in the past relative to a larger window of news items in the past. The invention may use a sentiment engine and apply the derivative of sentiment to predict volatility and/or trend direction of price of a security. The invention may look to the content, context, and derivative of sentiment to weigh news stories according to a predetermined taxonomy factoring in recency, criticality, repeatedness, trustworthiness, etc. to predict stock price behavior. Also, the invention may be used to forecast events given stock price movement and news to predict an impending story or release of significance. | 05-30-2013 |
| 20130138578 | Systems and Methods for Building Retirement Income - The present application is directed to systems and methods for building retirement income. A desirement mortgage may be determined which represents a maximum value of a user account. A supplemental funding source may be used for achieving the maximum value, and a compound interest source may also be used. Periodic inputs may be automatically inputted into the user account. A desirement date may be determined for achieving the maximum value. Periodically, a choice of account may be adjusted or changed based on achieving the maximum value at the desirement date. | 05-30-2013 |
| 20130138579 | SYSTEM AND METHOD FOR REBALANCING PORTFOLIOS - A method, computer program product, and computer system for identifying, by a computing device, one or more portfolio assets in a portfolio. One or more asset characteristics are associated with at least a portion of the one or more portfolio assets. A group that includes at least the portion of the one or more portfolio assets and one or more corresponding model components is generated based upon, at least in part, the one or more asset characteristics. The group is rebalanced based upon, at least in part, one or more values of at least the portion of the one or more portfolio assets and one or more values of the one or more corresponding model components. | 05-30-2013 |
| 20130138580 | METHODS AND SYSTEMS FOR PROVIDING SWAP INDICES - Zero-coupon swap indices are provided for tracking characteristics of nominal, inflation-linked liabilities and other aspects of swaps. A zero-coupon nominal swap index is based on a portfolio of assets consisting of a cash investment at a reference rate combined with a zero-coupon swap, where periodic payments can be exchanged for a single fixed cash flow at maturity. A zero-coupon inflation swap index is based on a portfolio of investments in a zero-coupon inflation swap, a zero-coupon nominal swap and cash invested at a reference rate. Periodic payments on the cash investment can be exchanged, in a zero-coupon nominal swap transaction, for a single fixed payment at maturity. | 05-30-2013 |
| 20130144804 | Income Product Selector - A first income need is determined to meet essential expenses for a user during retirement, and a second income need is determined to meet discretionary expenses for the user during retirement. A default target income mix is calculated to meet the first income need and the second income need. The default target income mix is a set of weights of one or more classes of income generating products. Qualitative investment preferences are quantified for the user. The default target income mix is adjusted using the quantification of the qualitative investment preferences to form an adjusted target income mix including a second set of weights of the one or more classes of income generating products. | 06-06-2013 |
| 20130144805 | GEOSPATIAL DATA BASED MEASUREMENT OF RISK ASSOCIATED WITH A VEHICULAR SECURITY INTEREST IN A VEHICULAR LOAN PORTFOLIO - A method of geospatial data based assessment of a vehicular security interest in a vehicular loan portfolio is disclosed. The method may involve permitting a party having a vehicular security interest and/or a party interested in acquiring the vehicular security interest and/or a vehicular loan portfolio access to dynamically determined vehicle location and pattern of usage information associable with the vehicle through a geospatial positioning device within the vehicle. A risk scoring methodology may be developed that may contribute to the assessment of the financial value of the vehicular security interest and/or the vehicular loan portfolio when there is a match between an event and the location and pattern of usage information associable with the vehicle. Subsequently, a risk score associated with the vehicular security interest and/or the vehicular loan portfolio based on the risk scoring methodology may be generated. | 06-06-2013 |
| 20130144806 | SYSTEM AND METHOD USING ASSET SALE AND LOAN FOR RISK TRANSFERENCE - Disclosed herein is a system and method for eliminating or transferring the non-economic risk of financial securities. The system and method serves to avoid non-economic losses in the first instance, and to counter the adverse capital impact of prior non-economic gap losses by providing capital relief consistent with a determined protected amount. A client makes a non-recourse loan to a provider. In return, the provider agrees to purchase a fixed income security (FIS) Portfolio from the client for an purchase price greater than the amount of the loan. If the aggregate principal payments (APP) of the FIS Portfolio exceed the purchase price, the parties engage in profit sharing of the APP over the purchase price. If the final market value of the FIS Portfolio is below the purchase price and above the loan amount, the losses are absorbed by the provider. In a broader implementation of the program, the client makes a revolving term loan to the provider, which over time the provider uses to acquire assets from the client to be used as collateral for the loan. | 06-06-2013 |
| 20130144807 | COMPUTERIZED SYSTEM AND METHOD FOR A STRUCTURED FINANCIAL PRODUCT - A computerized method and system is disclosed for creating custom structured financial products as well as standardized exchange traded structured financial products. The structured financial products include a fixed fund component and a derivative component. The fixed fund component is linked to an underlying asset. In addition, the risk profile of the derivative component is matched to the investor selected risk profile of the fixed fund component in order to provide the investor with a selectable level of risk. | 06-06-2013 |
| 20130144808 | IN-KIND DISTRIBUTION PROCESS FOR POOLED STABLE VALUE TRUST FUNDS - A highly efficient method is created for making an in-kind distribution of a defined contribution plan's beneficial interest in the investment assets of a pooled stable value fund, including, but not limited to a stable value collective trust fund. This is done by creating a sub-account within the insurer's, or other wrap provider's, separate account and allocating a pro rata share of the fund's investment assets to the sub account. The sub account is then wrapped by a pre-agreed version of the wrap provider's guarantee contract it would issue directly to a plan. Satisfying a plan withdrawal request in this manner would, among other things, mitigate the wrap provider's risk by eliminating the need to make a cash book value payments after a brief notice or “put” period. | 06-06-2013 |
| 20130151437 | SYSTEMS AND METHODS FOR AN UNDERWRITING PRODUCT PORTAL - Systems, apparatus, interfaces, methods, and articles of manufacture that provide for an underwriting product portal such as, for example, an online portal that provides bond and/or other underwriting product pricing, sales, and/or management services. | 06-13-2013 |
| 20130151438 | Relative Value Volatility Index Apparatuses, Methods, and Systems - A rule-based signal-driven algorithmic index and associated financial products for generating returns by trading the relative performance of the short-term of an implied volatility curve for a stock index versus a medium-term of the same implied volatility curve, as tracked by a short-term index and a medium-term index, respectively, based on the steepness of the short-term end of the curve versus the steepness of the medium-term end of the curve. | 06-13-2013 |
| 20130159210 | CORPORATE DEBT OPTIONS EXCHANGE - A method, apparatus, and system are provided for matching orders for corporate debt options in a corporate debt options exchange. A corporate debt options exchange receives an order for a corporate debt option, determines one or more conditions for purchase/sale on the order for the corporate debt option, and matches the order for the corporate debt option with a stored order in an order book in the corporate debt options exchange based on the one or more determined conditions. The order is stored in the order book when no match for the order is found. | 06-20-2013 |
| 20130159211 | System and Method for Efficiently Using Collateral for Risk Offset - A system and method for analyzing correlation between the assets given by the trader for collateral and that trader's open positions is disclosed. Thus, if the collateral is correlated to the trader's open positions, then some offset can be given. If there is no correlation than the collateral is valued in the conventional way. For example, if a trader provides t-bills as collateral for an account that has open positions (e.g. short futures) in T-bills, than that trader's account can be credited with some offset since the value of T-bills and T-bill futures are highly correlated. | 06-20-2013 |
| 20130159212 | METHOD OF FINANCING REAL PROPERTY IMPROVEMENT - The present invention provides a computerized network and system to finance improvements in real property with no up-front costs to the property owner. The method includes providing a management firm having a computerized database of potential investors and potential investments and for regulations and calculation of rewards for the improvement. The owner of the property provides a lease on the property in return for improvements on the property financed by the investors. The Management firm selects a property development company to provide the improvements and an LLC formed by the investors and the management company provides the funding. Upon completion of the improvement, the management company manages the property and collects rental receipts. In exchange, the property owner collects a share of the receipts as do the members of the LLC. | 06-20-2013 |
| 20130159213 | SYSTEMS AND METHODS FOR FINANCIAL INSTRUMENT INSPECTION - Systems and methods for user-configurable financial instrument inspection are provided. A user may select the type of financial performance information and presentation format of the financial performance information to be displayed when the user selects a particular financial instrument. The user may associate a set of financial performance information and presentation format with a particular financial market for financial instruments. The financial instrument inspector may also facilitate trading of financial instruments. | 06-20-2013 |
| 20130159214 | VEHICULAR GEOSPATIAL DATA BASED MEASUREMENT OF RISK ASSOCIATED WITH A SECURITY INTEREST IN A LOAN/LEASE PORTFOLIO - A method includes receiving, at a tracking server, geospatial location data of a vehicle at various points in time from a transmitter installed therein. The vehicle is associated with a borrower in a loan agreement or a lease agreement with a lending institution with regard to an asset. The method also includes determining a location of the vehicle and a pattern of usage thereof based on the geospatial location data received, permitting a financial entity server associated with the lending institution access to the location of the vehicle and the pattern of usage thereof, and determining an event based on the location of the vehicle and the pattern of usage thereof. Further, the method includes generating, through the tracking server, a risk score associated with a security interest in the asset and/or a loan/lease portfolio related to the asset based on a risk scoring methodology implemented therein. | 06-20-2013 |
| 20130159215 | COMPUTER PROGRAM, METHOD, AND SYSTEM FOR FACILITATING INVESTMENT TRANSACTIONS - A computer program, method, and system for managing, marketing, and facilitating investment transactions between an entrepreneur, start-up, or early stage company and a potential investor. Investors can research and learn about the companies and the company's business plans. Companies can present information to the investors in a streamlined, efficient manner. Embodiments incentivize investors to commit to funding the companies early, and companies are prevented from “shopping” among investors for more optimal offers or leveraging one investor's interest in the company against another investor. An investment transaction is completed within a known, preset period of time, which further encourages rapid due diligence and closing of the transaction. | 06-20-2013 |
| 20130159216 | System and Method for Using Diversification Spreading for Risk Offset - A computer-implemented method for analyzing a risk offset associated with a portfolio including a plurality of products traded on an exchange is disclosed. The method includes comparing a first market response of a first product in the portfolio with a second market response of a second product in the portfolio where the first and second market responses result from a change in market data, calculating an offsetting effect between the first market response and the second market response where the first and second market responses are substantially different responses to the same change in the market data, determining a diversification spread based on the offsetting effect derived between the first product and the second product, calculating a diversification spread credit based on the determined diversification spread, and adjusting a margin requirement for the portfolio based on the diversification spread credit. | 06-20-2013 |
| 20130166473 | CASH FLOW RATING SYSTEM - Methods and systems are provided herewith for rating a likelihood of payment of one or more cash flows. A computing device determines a probability of payment for one or more scheduled payments for each of one or more debt instruments in a debt instrument portfolio. The computing device may also determine a portfolio cash flow rating of the debt instrument portfolio based on the quantity and purchase price associated with each of the one or more debt instruments, the probability of payment for the one or more payments, a current market price of each of the one or more debt instruments, a net present expected value of the one or more payments in the payment schedule for each of the one or more debt instruments, and/or a credit rating of one or more issuers associated with the debt instruments. | 06-27-2013 |
| 20130166474 | PRICING CASH SETTLED ON-THE-RUN TREASURY FUTURES CONTRACTS - The disclosed embodiments relate to determining a listing date, an expiration date and the cash settlement price of a futures contract, i.e. a Treasury Futures, for the delivery of the most recently issued, referred to as an on-the-run, US treasury Note of a particular maturity by reference to the U.S. Treasury Auction cycle and the difference between a resultant industry surveyed swap rate and a resultant industry surveyed swap spread of the respective tenors (time remaining until maturity) of the on-the-run treasury futures. | 06-27-2013 |
| 20130166475 | COMPUTERIZED SYSTEM AND METHOD FOR A STRUCTURED FINANCIAL PRODUCT - A computerized method and system is disclosed for creating custom structured financial products as well as standardized exchange traded structured financial products. The structured financial products include a fixed fund component and a derivative component. The fixed fund component is linked to an underlying asset. In addition, the risk profile of the derivative component is matched to the investor selected risk profile of the fixed fund component in order to provide the investor with a selectable level of risk. | 06-27-2013 |
| 20130173493 | OPTIMIZING PROCUREMENT SPEND COMPLIANCE - Managing spend compliance may include receiving a set of spend transaction records containing one or more spend attributes, one or more compliance business rules and one or more investment scenarios that increase spend compliance. The compliance business rules may be applied to the transaction records and segments of transactions with predetermined high savings opportunities may be determined. A prioritized investment plan over one or more time periods that yield optimized return on investment may be generated based on applying the segments of transactions and the investment scenarios. | 07-04-2013 |
| 20130173494 | KNOWLEDGE BOURSE - Exemplary embodiments are disclosed for trading in knowledge stocks and knowledge futures. Systems and methods establish a bourse specialized in trading in various forms of knowledge encompassing inventions and intellectual properties and any type of explicit knowledge that have tangible value in the marketplace. Such value varies according to the supply and demand as well as the financial return that can be accrued by investors in the knowledge market. The creation of a knowledge bourse will provide a market for trading in knowledge stocks and commodities of different types. | 07-04-2013 |
| 20130173495 | SYSTEM AND METHOD FOR INTEGRATING, EVALUATING, AND MANAGING FINANCIAL DATA - Asset evaluation systems and methods are presented in which a financial firm's reported holdings may be received and evaluated based on external data sources. The asset evaluation systems and methods may then make a determination as to the risk involved in the financial firm's holdings portfolio and report risky or fraudulent activity. | 07-04-2013 |
| 20130173496 | MULTICAP VALUE INVESTMENT METHODOLOGY - A system and method manages an investment portfolio. The system includes at least one processor programmed to receive performance data for a plurality of investable entities forming a market. Risk adjusted discount cash flow (RA-DCF) values are then calculated for the investable entities using the received performance data. In response to at least one trigger, a predetermined number of the investable entities with RA-DCF values less than corresponding current market values are selected and the investment portfolio is rebalanced to include the selected investable entities. | 07-04-2013 |
| 20130179366 | SYSTEM AND METHOD FOR PROVIDING INCOME PAYMENTS TO AN INVESTOR - In at least one embodiment computerized methods and corresponding systems for providing guaranteed income payments to an investor are provided that include the step or steps of: receiving information from the investor representing at least a current age of the investor, a desired income start date, a desired income payment amount, and a premium payment amount; receiving a premium payment from the investor and placing the premium payment into a first investment sleeve; and automatically transferring using at least one computing device, during a waiting period and according to a predefined event, a portion of the premium payment from the first investment sleeve to a second investment sleeve, wherein the portion of the premium payment transferred calculated by the at least one computing device as a function of a time remaining in the waiting period and the desired income amount. | 07-11-2013 |
| 20130179367 | SYSTEM AND METHOD FOR MANAGING INVESTMENT FUNDS - Method for establishing an investment mandate and for managing institutional investment funds associated with equity-based investments, bond-based investments and other investments. | 07-11-2013 |
| 20130179368 | SPREAD LOCK ANNUITY SYSTEM AND METHOD - Systems and methods for financial assets are disclosed. The spread lock annuity system is directed to optimally exploit current market structure characteristics by avoiding today's low rates as much as possible, capturing today's great spreads as much as possible, for future premium payment when future interest rates and especially future funding levels are more attractive than today's and avoids the possibly adverse accounting impact of a traditional annuity purchase by temporarily using the “buy in” annuity structure until the Plan sponsor wishes to fully purchase the annuity or otherwise convert from buy-in to buy-out. | 07-11-2013 |
| 20130179369 | STABLE VALUE BIFURCATION SYSTEM & METHOD - Systems and methods for financial assets are disclosed. A Stable Value Fund Bifurcation separates the active employee component of the Stable Value Fund from the in-active component to create two funds, each having a different blended rate and duration. This bifurcation for stable value assets is directed to eliminating current structural defects in these funds and to insulate the funds from the potentially cataclysmic effect of interest rates rising and triggering the retiree put. | 07-11-2013 |
| 20130185223 | MULTI-LEVEL AUTOMATED HEDGING PROCESS WITH NEWS EVALUATION TOOL - An automated method, computer system and computer program product for performing automated trading activities is disclosed. The method includes generating, based on historical market data, at least one definition that defines at least one scenario associated with an initial position that must be executed. The method further includes receiving market data and searching the market data for the at least one scenario of the definition. The method further includes matching market data with the at least one scenario of the definition and, responsive to matching the market data, executing the initial position associated with the at least one scenario. The method further includes matching market data with the at least one scenario of a first level hedging action and, responsive to matching the market data with the at least one scenario, executing the first level hedging action, thereby initiating a first level hedging position that hedges the initial position. | 07-18-2013 |
| 20130185224 | SYSTEM AND METHOD FOR AUTOMATED CONSOLIDATION OF INDIVIDUAL RETIREMENT ACCOUNTS - A computer implemented system/method carried out over one or more networks for consolidating retirement accounts owned by an owner, comprising: receiving an electronic data record from a first record keeper for a first retirement account owned by the owner; searching databases and/or sending search requests to one or more account record keepers including said first record keeper for one or more other retirement accounts owned by the owner; and consolidating the first retirement account into the one or more other retirement accounts upon finding the one or more other retirement accounts account. | 07-18-2013 |
| 20130185225 | INVESTMENT METHOD OF AUTOMATIC COST ADJUSTMENT - An investment method of automatic cost adjustment includes an X ratio defined as a total net value of the target fund which the investor paid divided by a total cost of the target fund which the investor paid, a first ratio and a second ratio respectively defined as the standards for the investor to compare with the X ratio and further adjust his or her budget into the investment. Under this arrangement, the investment method keeps monitoring the situation of the X ratio and further requests the investor to buy more amounts of the target fund for investment or to sell out the whole target fund for earning money. | 07-18-2013 |
| 20130185226 | METHOD OF, AND SYSTEM FOR, ASSET INDEX GENERATION WITH SELF FINANCING PORTFOLIO ADJUSTMENT - Asset indexes are intended to track changes in the market value of assets. However, some assets such as real estate can change in value for reasons other than that a general change in the market has occurred. For example, a house can have an addition which adds another bedroom or a portion of land can be sub-divided, in which case an increase or decrease respectively in the asset value can occur which is independent of movements in the overall market. A method of generating an asset index under these circumstances is disclosed by effectively removing from the asset portfolio those assets which have had a change in attribute come to notice on the day the asset index is calculated. Such an asset is restored to the portfolio on subsequent days. | 07-18-2013 |
| 20130185227 | METHOD AND SYSTEM FOR EVALUATING PRICING OF ASSETS - Methods are provided for detecting price manipulation in assets by receiving data indicating returns on an asset, generating a histogram of returns data, determining a first area under a curve of the histogram in a first interval, determining a second area under the curve of the histogram in a second interval; and calculating a bias ratio which comprises a ratio based on the first area and the second area. | 07-18-2013 |
| 20130185228 | System and Method of Data Collection, Analysis and Distribution - A computer based system for the collection, analysis and dissemination of data related to financial transactions using an Internet interface in order to minimize investment risk. The system includes a computer processor and a plurality of software applications adapted to run on said processor for performing a variety of functions. The processor and software together operate as a computer engine. A database is connected with the engine for storing data related to the transactions. Means are provided for inputting data to the database, and an application programing interface is carried by the engine for communication with software carried on third party systems through data feeds connected to the engine. A web application interface connected to the engine allows a user of the system to access the engine through a local terminal and display. The application interface permits the user to conduct searches of the database for information pertaining to a particular financial deal, said deal including a financial transaction or project and project profile. The software applications include at least one application programming interface for tracking deal analysis and storing the analysis on the database. The application interface permits a user to view the stored analysis on the user's local display. | 07-18-2013 |
| 20130191307 | SYSTEM AND METHOD FOR VOLATILITY-BASED CHARACTERIZATION OF SECURITIES - A volatility-based securities index framework solves problems with the prior art. By recognizing that investors share the rational goal of earning the highest level of return for any level or risk, a volatility-based index provides investors with information about the most distinct choices in risk. Compared to known approaches, a volatility-based index framework partitions a securities market into much more differentiated segments which in turn provide much more distinct investment choices. Further, within each volatility segment, constituent members are more homogeneous facilitating a clearer understanding of each group's relative attractiveness. At an asset allocation level, improved risk choices expand opportunities to convert poorly compensated high risk investments into more attractive investments elsewhere. The persistence of volatility maintains style distinctions effectively over time, offering significant protection to tax exposed investors. | 07-25-2013 |
| 20130191308 | METHODS AND SYSTEMS FOR PROVIDING QUALIFIED DIVIDEND INCOME UNITS - In at least one aspect, the invention comprises a computer-implemented method comprising: (1) receiving investment amounts for a first class of partnership units with a senior position, with a second class having a subordinate position, wherein either: (a) options on an underlying security are bought and/or sold into the partnership, or (b) the first class of partnership units has an embedded short option on an underlying security, and the second class has an embedded long option; and (2) paying coupon payments on the first class for a specified period of time, wherein the coupon payments comprise dividend payments received on shares of a dividend-paying portfolio, wherein the second class absorbs losses in the portfolio up to a first specified amount, and wherein the first class absorbs losses above the first specified amount. Other aspects of the invention comprise related structure, software, and system implementations. | 07-25-2013 |
| 20130191309 | Dataset Compression - Compression of an initial dataset is implemented on a data processing system. The initial dataset can be transformed ( | 07-25-2013 |
| 20130198106 | SYSTEMS AND METHODS TO CREATE, COMPARE, CUSTOMIZE, PROMOTE, TRACK, OPTIMIZE AND SHOP FOR PORTFOLIOS OF SECURITIES THAT INCLUDES FRACTION SHARES - A system and method for conducting security transactions provides a system with a client device with a client interface, an inventory account and a trading engine. The trading engine processes a client buy, sell, sell short or buy to cover order. The trading engine enables a trading of fraction shares in real time as well as reduces a frequency of orders sent to market by executing principal trades against the inventory account. | 08-01-2013 |
| 20130198107 | SYSTEMS AND METHODS WITH A TARGETS ENGINE TO CREATE, COMPARE, CUSTOMIZE, PROMOTE, TRACK, OPTIMIZE AND SHOP FOR PORTFOLIOS OF SECURITIES - A system and method for conducting security transactions includes a client device with a client interface. A host server is coupled to the client device and executes logic resources for carrying out portfolio transactions for a client. An inventory account and a pricing engine are provided. A targets engine calculates a target number of long and short shares of a stock to be included in the inventory account to meet present and future buy, sell, sell short, and buy to cover client orders. | 08-01-2013 |
| 20130198108 | Systems and methods to create, compare, customize, promote, track, optimize and shop for portfolios of securities using social networks - A system and associated method for conducting security transactions includes a client device with a client interface configured to receive a client buy, sell, sell short, or buy to cover order from a client. The client is associated with a social media network and has at least one social network friend. A host server is coupled to the client device and executes logic resources for carrying out transactions for the client. A pricing engine and an inventory account are included. A targets engine determines a target number of long and shorted shares of a security to be held by the inventory account. A social networking engine allows clients to share information for at least one of, portfolios, orders and investment ideas. The social networking engine allows users to execute securities transactions based on the shared information. | 08-01-2013 |
| 20130198109 | Municipal bond tracking and evaluation system - The present invention relates to a web-application that gathers raw data and meta data, matches debt related data with corresponding meta data, marks the debt data so that the resulting data stream can be used to create various analytical reports on variable rate securities for Users. | 08-01-2013 |
| 20130198110 | METHOD FOR BUYING AND SELLING STOCKS AND SECURITIES - A computer-based method and system for buying and selling stocks and other securities. In general, the method creates an indicator for the purchase point or period and selling point or period for a stock. The method uses various technical indicators that converge to form zones, roughly in the form of triangles when viewed in a graphical display. A buy, sell, or take no action indicator is then determined based upon the comparison of price linear regression data to the other indicators described above. When the linear regression line or data at a point or for a period is greater than (i.e., above) all of the other indicators, this results in a buy indication. When the linear regression line or data at a point or for a period is lower than (i.e., below) all of the other indicators, this results in a sell indication. | 08-01-2013 |
| 20130198111 | COMPUTER SYSTEM AND METHOD FOR PRODUCT ALLOCATION VISUALIZATION - Information is received regarding retirement assets to be invested by a retiree planning for retirement. Based on the information, a plurality of product allocation options are selected to be presented to the retiree. The product allocations comprise different allocations of the retirement assets to different types of products. A depiction is generated that simultaneously shows the plurality of product allocation options. The depiction compares income predicted to be derived from each of the plurality of product allocation options. | 08-01-2013 |
| 20130204804 | SYSTEMS AND METHODS FOR CALCULATING VALUE OF A STOCK - A system for analyzing a security includes a processor; an input module configured to cause a graphical user interface to be rendered on a user's client device, the interface including a screen presenting a predetermined limited number of inputs relating to characteristics affecting valuation of a security, the predetermined number being not more than four; a forecast valuation module configured to compute, using the processor acting on the inputs, fair price and expected return for the security; and an output module configured to cause the user's client device to display fair price and expected return for the security. Other systems and methods, and computer readable media are disclosed. | 08-08-2013 |
| 20130204805 | SYSTEM FOR VALUING INVESTMENT OPPORTUNITIES - A system, comprising instructions executing on at least one computing device, to evaluate investment opportunities for an enterprise and calculate, for each investment opportunity, a strategic value of the investment opportunity to the enterprise and an estimated financial return of the investment. In some embodiments, in evaluating the strategic value of an investment opportunity, the opportunity evaluation system may assign to the investment opportunity one or more values with which the system was configured prior to receipt of information regarding the investment opportunity. The values that are assigned may be determined by the opportunity evaluation system in advance of evaluating investment opportunities, based at least in part on information collected from people affiliated with the enterprise. By determining the values in advance and evaluating each investment opportunity based on these predetermined values, the opportunity evaluation system may provide an objective and unbiased review of investment opportunities for the enterprise. | 08-08-2013 |
| 20130204806 | SYSTEMS & METHODS FOR EVALUATION OF ARTICLES OF COMMERCE - The invention is directed to systems and methods for indicating volatility adjusted price information for at least one article of commerce or market therefore, and various tools for providing valuation indicators for both current and historical price activity in terms of valuation rather than absolute price. The invention provides users indicators which quantify the degree in which a market is currently trading at fair value, overvalued or undervalued conditions using enhanced tools. | 08-08-2013 |
| 20130204807 | SYSTEMS & METHODS FOR EVALUATION OF ARTICLES OF COMMERCE - The invention is directed to systems and methods for indicating volatility adjusted price information for at least one article of commerce or market therefore, and various tools for providing valuation indicators for both current and historical price activity in terms of valuation rather than absolute price. The invention provides users indicators which quantify the degree in which a market is currently trading at fair value, overvalued or undervalued conditions using enhanced tools. | 08-08-2013 |
| 20130212040 | METHOD OF RESTRUCTURING INDEX SECURITIES FUNDS BY REVENUE WEIGHTING - A methodology for weighting individual securities maintained within a known index investment fund, and reconstructing the proportionate holdings of each of the stocks within the index investment fund as function of the calculated weighting. The inventive method and system considers each of the constituent securities in a known index fund and weights each said constituent security based upon a revenue weighting analysis. The known index fund is then reconstructed using the same constituent securities, and using the revenue weighting analysis to reproportion the holdings of each of the constituent securities as a function of the total revenue for the securities within the index fund. In a preferred embodiment, the weighting coefficients are recalculated on a pre-selected periodic basis, and the fund is then reconstructed based upon those recalculated weighting coefficients. | 08-15-2013 |
| 20130212041 | METHOD OF CONSTRUCTING STABILITY INDEXES - Methods of constructing a stability style index from a parent index comprising assets performed by one or more computing devices. A score is assigned to each of one or more stability variables for each asset based at least in part on a value of the stability variable. A quality score is assigned to each asset based at least in part on the score assigned to each stability variable for the asset. A score is assigned to each of one or more volatility variables for each asset based at least in part on a value of the volatility variable. A volatility score is assigned to each asset based at least in part on the score assigned to each volatility variable for the asset. A probability score is assigned to each asset as a function of the quality and volatility scores. The probability scores are used to construct the stability style index. | 08-15-2013 |
| 20130212042 | MUNICIPAL BOND TRACKING AND EVALUATION SYSTEM - The present invention relates to a web-application that gathers raw data and meta data, matches debt related data with corresponding meta data, marks the debt data so that the resulting data stream can be used to create various analytical reports on variable rate securities for Users. | 08-15-2013 |
| 20130212043 | SYSTEMS AND METHODS FOR PROVIDING A BENEFIT PRODUCT WITH PERIODIC GUARANTEED MINIMUM INCOME - The invention provides systems, and methods of using the systems, implementing a benefit product with a guaranteed minimum income, wherein payment into the benefit product securing the guaranteed minimum income. The system comprises an income recordkeeper interfacing with a plurality of savings recordkeepers, the income recordkeeper including (1) an income recordkeeper interface portion that inputs attributes to the benefit product funded by payments from a plan associated with the benefit product; and (2) an income recordkeeper record keeping system that implements the benefit product, the income recordkeeper record keeping system being in communication with the income recordkeeper interface portion, the income recordkeeper record keeping system: (a) monitoring transactions to or from the benefit product; and (b) determining, based on the transactions, a guaranteed minimum income associated with participation in the benefit product. | 08-15-2013 |
| 20130212044 | SYSTEM AND MEHTOD FOR MANAGING A DISTRIBUTION NETWORK OF INVESTMENT MONEY - This disclosure relates to a system and method for managing a distribution channel of investment money of a customer, which includes a plurality of modules systematically disposed in a communication pipeline of an IM managing backbone server, so that when an IM rebalancing opportunity situation occurs, a plurality of units, possessed by a customer, is guided to form a set of IM rebalancing distribution channel networks where the units are densely connected each other like a mesh, so that a customer or IM management company may not simplify but diversify rebalancing paths of IPs or IP portfolio into various patterns and therefore effectively enjoy resultant economic benefits. | 08-15-2013 |
| 20130212045 | METHOD FOR IMPLEMENTING A VIRTUAL COMMUNITY OF INVESTORS HAVING INVESTMENT PORTFOLIOS - A system and method for providing analytical tools for a community of investors having investment portfolios. A first tool provides an indication of a user's selection effectiveness regarding the user's choice of investments relative to those sectors in which the investment resides, and relative to a broader market. A second tool allows the user to evaluate the effectiveness of community stimuli on the user's portfolio. A third tool provides the user the capability to view relationships among a plurality of preferred analysts. With a fourth tool, a user may view a plurality of other analysts the user referred to the community. | 08-15-2013 |
| 20130218804 | Method and System for Determining Option-Adjusted True Interest Cost of Municipal Debt Instruments - Methods and systems are disclosed for calculating borrowing cost of municipal debt instruments. In an embodiment, a method receives terms, yield curve and interest rate volatility data for a set of bonds and then specifies an evolution of interest rates for each of the bonds. The method receives an option value V for each of the bonds and determines proceeds P for each bond. The method obtains an Option-Adjusted True Interest Cost (OATIC) for the bonds by adding the option values V to the proceeds P and finding a single discount rate that equates a present value of respective debt service for the bonds to P+V. In another embodiment, a system specifies an evolution of interest rates and receives an option value V for municipal debt offerings. The system selects a bond based on expected costs of bonds, which are calculated using OATIC values and identifies a preferred bond. | 08-22-2013 |
| 20130218805 | OPPORTUNITY LIST ENGINE - A method includes receiving a selection of a particular client (or advisor) and determining likelihoods of the selected client (or clients associated with the selected advisor) purchasing products based on the one or more factors correlating previous purchasers of the products. The method includes generating a prioritized list of sales opportunities associated with the selected client (or selected advisor) based on the likelihoods. | 08-22-2013 |
| 20130218806 | METHOD AND SYSTEM RELATING TO SOCIAL MEDIA TECHNOLOGIES - In an embodiment, a method performed in the computing system comprises steps of (a) electronically receiving an identifier concerning an investor's ownership or management of at least one brokerage account or at least one security; (b) electronically validating by the computing system the investor by querying a record database using the identifier to obtain an information from at least one investment account associated with the investor; (c) electronically extracting by the computing system the information; (d) electronically populating by the computing system a profile for the investor with the extracted information and electronically storing the extracted information to a computer readable medium in a profile database, wherein the extracted information comprises at least the investor's positional information; (e) electronically providing by the computing system at least one capability to the investor, wherein the capability allows the investor to electronically perform one or more activities; and (f) electronically generating by the computing system a representation of a quantity of a security owned or managed by the investor from the investor's positional information without generating a personal information of the investor. | 08-22-2013 |
| 20130218807 | System and Method for Valuation and Risk Estimation of Mortgage Backed Securities - Systems and methods for investment production valuation and risk estimation for mortgage-backed security products are provided. In one embodiment, the disclosure provides a system for investment product valuation and risk estimation, comprising a computer system for receiving information about a mortgage-backed security, an engine executed by the computer system and processing the information about the mortgage-backed security to disaggregate individual loan data, the engine simulating future prices scenarios of the mortgage-backed security using one or more computer models to generate valuation and risk estimation data for the mortgage-backed security, and a user interface generated by the system for presenting a report to a user which includes the future price scenarios of the mortgage-backed security. | 08-22-2013 |
| 20130218808 | SYSTEM AND METHOD FOR EXTRACTING VALUE FROM A PORTFOLIO OF ASSETS - A system and methods for extracting value from a portfolio of assets, for example a patent portfolio, are described. By granting floating privileges described herein, a portfolio owner can extend an opportunity for obtaining an interest in selected assets from the portfolio to a client who lacks the resources to accumulate and maintain such a portfolio, in return for an annuity stream to the portfolio owner. The floating privilege can take many forms, depending on the needs of the client and the nature of the assets in the portfolio. The privilege is executed for a set of assets selected by the client and approved by the portfolio owner in accordance with a floating privilege agreement controlling the floating privilege | 08-22-2013 |
| 20130218809 | PROSPECTIVE CURRENCY UNITS - Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union. | 08-22-2013 |
| 20130226827 | Enhanced Clearing House Collateral Management System with Capabilities to Transfer Excess Collateral to Other Users - Systems and methods are disclosed involving central clearing of forward contracts and/or other financial instruments. In particular, systems and methods for, among other things, transferring excess collateral between clearing members of a clearing house are disclosed. In some examples, systems and methods for efficient transfer of excess forward position collateral between the clearing members of a clearing house is disclosed. In some examples, the transferring may occur in the form of a sale and repurchase transaction (e.g., a “repo” transaction). | 08-29-2013 |
| 20130226828 | SYSTEMS AND METHODS FOR EVALUATING ALTERNATIVE FINANCIAL PRODUCTS - Systems and methods for evaluating alternative financial products are provided. A first financial product offered by a financial institution may be identified, where one or more customers of the financial institution are eligible for migration from a second financial product to the first financial product. An attrition risk associated with migration of the one or more customers to the first financial product may be determined. If the attrition risk satisfies a threshold, then migration of the one or more customers to the first financial product may be directed. Otherwise, if the attrition risk fails to satisfy the threshold, then one or more characteristics associated with the first financial product may be modified. | 08-29-2013 |
| 20130226829 | SYSTEMS AND METHODS FOR MIGRATING CUSTOMERS TO ALTERNATIVE FINANCIAL PRODUCTS - Systems and methods for migrating customers to alternative financial products are provided. A set of customers of a financial institution may be identified by a financial system that includes one or more computers. Each of the customers may be eligible for a migration from a first financial product to a second financial product. A pre-migration test may be conducted for a subset of the set of customers to determine an attrition risk associated with the migration of the set of customers to the second financial product. Based upon a determination that the attrition risk is acceptable, the migration of the set of customers from the first financial product to the second financial product may be directed. | 08-29-2013 |
| 20130226830 | SYSTEM AND METHOD FOR TRANSACTIONAL RISK AND RETURN ANALYSIS - Transactional risk and return analysis systems provided herein include a transaction database and a market database. The transaction database includes data regarding transactions with associated attributes and the market database includes market data. A portfolio model uses such data to estimate a risk prediction for each transaction. A risk prediction model is generated based on the portfolio model and estimates a risk prediction for a prospective transaction, and a case cash flow analyzer produces a risk-breakeven spread. A transaction evaluator uses the risk prediction model and the risk-breakeven spread to calculated transaction risk and return data for a prospective transaction. | 08-29-2013 |
| 20130226831 | COPPER INDEX METHODOLOGY - A computer-generated copper index usable as an investment benchmark for copper as an asset is based on a determination of eligible copper futures contracts based on an evaluation of backwardation or Contango, SCI excess return, and SCI total return. | 08-29-2013 |
| 20130226832 | Computerized System and Process for Financial Planning - A computerized process for determining and recommending a type of target-date fund, such as “to” funds and “through” funds, for a retirement savings plan. The process can include the steps of receiving, by a computing device, data from a user, determining, by the computing device, a recommended type of target-date fund based at least in part on the received data, and outputting the recommended type of target-date fund for presentation to the user. | 08-29-2013 |
| 20130226833 | Method and System For Generating Compliance Data - A computer implemented method for generating financial compliance data including generating by a computer system a risk tolerance questionnaire receiving data inputted by a user and stored in a first database on a computer readable medium in communication with the computer system; the risk tolerance questionnaire including data fields representative of a user's financial risk tolerance; generating by the computer system a know-your-client user profile stored in a second database on a computer readable medium in communication with the computer system; and mapping one or more fields from the first database onto one or more fields from the second database, such that the know-your-client user profile is at least partially completed with data obtained from the risk tolerance questionnaire. | 08-29-2013 |
| 20130226834 | SYSTEMS AND METHODS FOR DETERMINING THE FINANCIAL STATUS OF BONDS - Systems and methods for determining the financial status of a bond according to various aspects of the present invention may comprise a graphical user interface, a database linked to the graphical user interface, a bond analysis engine linked to the database, and a display. The graphical user interface may be configured to receive information associated with the bond from the user. The database may be linked to the graphical user interface and configured to store information associated with the bond from the user and retrieve the information associated with the bond from a data repository. The bond analysis engine may be linked to the database and configured to calculate a cost basis. The display may be configured to present the cost basis to the user. | 08-29-2013 |
| 20130226835 | Real-Time Trade Forecaster - Forecasting financial market activity includes a host system and a graphical processing unit in data communication with the server. Forecasting financial market activity also includes a computer program product residing on the host system, the computer program product including instructions for causing the host system to send one or more financial models to the graphical processing unit; and a computer program product residing on the graphical processing unit for causing the graphical processing unit to: receive the financial models and a list of types of market data associated with each financial model; generate one or more engine instances; structure the received market data; receive instructions, from the host system, to run an identified financial model; clone at least part of the structured market data; run the engine instances; and generate, in real time, forecast data indicative of an expected market performance. | 08-29-2013 |
| 20130232090 | Systems and Methods for Providing Direct to Capital Swaps - In one aspect, the present invention comprises a computer system for market making, comprising: (a) a computer component for receiving data identifying a user-specified basket of securities; (b) a database storing the data identifying a user-specified basket of securities and storing data describing inventory of a market maker; and (c) a computer component for calculating a swap price for the basket in light of the inventory, the calculating based at least in part on quote deflection related to the inventory. Other aspects comprise related methods and software. | 09-05-2013 |
| 20130232091 | Systems and Methods for a Maximum Product Position Risk Check - Various systems and methods are described herein for product level risk checks. The product level risk checks are used to either allow or prevent a trading strategy to proceed. When a trading strategy is initiated, positions created by various contracts for the trading strategy are grouped based on their association with the same product. Then, an offsetting logic is applied at a contract level to offset at least some positions created for the same contract by various orders across the orders of the trading strategy. | 09-05-2013 |
| 20130238523 | Apparatuses, Methods And Systems For Brokerage Fee Assessment And Management - Disclosed are systems methods and apparatuses enabling variable brokerage fees on a transaction. In particular, a market value for a brokered service is determined based on various objective and subjective metrics. The brokerage service compares a calculated market value against the requested fee for the service to determine whether there is a differential. If there is a differential, value present in the differential can be used to adjust the brokerage fee up or down. Additional factors can be considered in determining the variable fee or differential include, the popularity of the brokered service, the location of the brokered service, particularized needs of a given client for the service, and the mix of providers to customers currently available to the brokerage. The disclosed system is particularly advantageous for determining brokerage fees for in-home service providers. | 09-12-2013 |
| 20130238524 | SYSTEM AND METHOD FOR VOLATILITY-BASED CHARACTERIZATION OF SECURITIES - A volatility-based securities index framework solves problems with the prior art. By recognizing that investors share the rational goal of earning the highest level of return for any level or risk, a volatility-based index provides investors with information about the most distinct choices in risk. Compared to known approaches, a volatility-based index framework partitions a securities market into much more differentiated segments which in turn provide much more distinct investment choices. Further, within each volatility segment, constituent members are more homogeneous facilitating a clearer understanding of each group's relative attractiveness. At an asset allocation level, improved risk choices expand opportunities to convert poorly compensated high risk investments into more attractive investments elsewhere. The persistence of volatility maintains style distinctions effectively over time, offering significant protection to tax exposed investors. | 09-12-2013 |
| 20130238525 | SYSTEM AND METHOD FOR VOLATILITY-BASED CHARACTERIZATION OF SECURITIES - A volatility-based securities index framework solves problems with the prior art. By recognizing that investors share the rational goal of earning the highest level of return for any level or risk, a volatility-based index provides investors with information about the most distinct choices in risk. Compared to known approaches, a volatility-based index framework partitions a securities market into much more differentiated segments which in turn provide much more distinct investment choices. Further, within each volatility segment, constituent members are more homogeneous facilitating a clearer understanding of each group's relative attractiveness. At an asset allocation level, improved risk choices expand opportunities to convert poorly compensated high risk investments into more attractive investments elsewhere. The persistence of volatility maintains style distinctions effectively over time, offering significant protection to tax exposed investors. | 09-12-2013 |
| 20130238526 | PERIODIC RESET TOTAL RETURN INDEX FUTURES CONTRACTS - A periodic reset total return index may be based on a standard index, such as an equity index. The value of the periodic reset total return index may be the sum of the standard index plus the income flow generated by the index, such as dividends generated by stocks. The periodic reset total return index valuation may be deployed as the basis for a futures contract. On a periodic basis, the income flow accrued for the preceding period are passed from the short to the long position holder, with a corresponding adjustment of the settlement price of the contract. The expiration of the contract may be settled at the sum of the underlying index quotation plus the income flow accrual for the previous period. A buyer of a futures contract based on a periodic reset total return index receives the performance of the index plus the intervening income flow accrual. | 09-12-2013 |
| 20130238527 | METHODS FOR STRATEGIC ASSET ALLOCATION BY MEAN REVERSION OPTIMIZATION - A computer implemented method of determining the optimal asset allocation strategy for an investment portfolio is disclosed. The optimization methodology is premised on computerized mathematical models that relate the distance from the long-term market trend at the beginning of historical periods to the returns investors ultimately receive over subsequent periods. The method incorporates a tendency of asset prices to revert to their long term trend over longer investment horizons. Applying this concept to optimizing asset allocation strategies required building software for configuring a computer to replicate this mean-reverting behavior within an optimization process and determine the distribution of expected returns from a current distance from trend. | 09-12-2013 |
| 20130238528 | COLLATERALIZED LOANS WITH PERIODIC DRAWS SUBJECT TO A TRIGGERING EVENT - This document describes techniques for implementing a collateralized loan with periodic draws subject to a triggering event. These techniques include receiving funds from a client and establishing a credit line collateralized by the funds. The techniques may further include periodically dispensing an amount from the credit line upon occurrence of a predetermined event (e.g., the client's attainment of a certain age) and until death of the client. At the death of the client, any remaining funds may then be released to, for example, the client's estate. | 09-12-2013 |
| 20130238529 | System and method for improving the minimization of the interest rate risk - A system for interest rate risk management, comprising: an input device, configured to receive as input a first group of data indicative of a first group of financial instruments to be protected; a second group of data indicative of a second group of financial instruments aimed at protecting said first group of financial instruments; and an interest rate risk minimization device, connected to said input device, configured to receive as input said first and second group of data, a data feed of current market prices of said first and second group of financial instruments, a set of parameters of a term structure model, and historical zero-coupon term structures of interest rates, and to generate historical model errors and, considering these errors, the optimal amount to be invested in each financial instrument which shall be used to protect the balance sheet or portfolio. The interest rate risk minimization device is further configured to generate a residual risk estimation. | 09-12-2013 |
| 20130246303 | CORPORATE ACTIONS AUTOMATION SYSTEM AND METHOD - A data processing system processes information associated with an underlying corporate action (CA) and includes a communications module; a message processing module that receives corporate action data; an assignment module that parses the data; an external data feed module queries and receives third party information related to the notice and identifies discrepancies between data elements and the third party information and requests confirmation and/or correction of the information responsive to an identification of discrepancies; an announcement processing module which, responsive to approval of a golden event, generates an announcement concerning the underlying corporate action to one or more of the issuer, a securities exchange, and a securities clearinghouse over the communications network, and responsive to the publication of the announcement, the external data feed module again queries and receives third party information related to the announcement and reverifies consistency of the third party information with the announcement. | 09-19-2013 |
| 20130246304 | EVALUATION DEVICE FOR ENTERPRISE VALUE, EVALUATION METHOD AND RECORDING MEDIUM - Inputs of target values and performance values of the MBA index, the MOS index and the MOS index are accepted, three axes passing through an origin and orthogonal to each other are set, target vectors and performance vectors of the enterprise value based on the respective indices are rendered on three-dimensional coordinates of which the three axes are an MBA axis, an MOT axis and an MOS axis, resources for attaining targets of the respective indices in a second evaluation period are reset based on allocation rates of an allocation table if a divergence between the target value and the performance value in a first evaluation period is large, and reset results are output. | 09-19-2013 |
| 20130246305 | VOLATILITY INDEX AND DERIVATIVE CONTRACTS BASED THEREON - An improved volatility index and related futures contracts are provided. An index in accordance with the principals of the present invention estimates expected volatility from the prices of stock index options in a wide range of strike prices, not just at-the-money strikes. Also, an index in accordance with the principals of the present invention is not calculated from the Black/Scholes or any other option pricing model: the index of the present invention uses a newly developed formula to derive expected volatility by averaging the weighted prices of out-of-the money put and call options. In accordance with another aspect of the present invention, derivative contracts such as futures and options based on the volatility index of the present invention are provided. | 09-19-2013 |
| 20130246306 | ACTIVE SHARE PORTFOLIO MONITORING, CALIBRATION, MANAGEMENT, AND FEE CALCULATION TOOL - Systems and methods that facilitate monitoring and management of active funds are disclosed. These systems and methods can allow users to: (1) Accurately determine and monitor what portion of their investment is actively invested; (2) Properly compensate those managers based upon their level of active investment; (3) Define the specific level of active investment at which they want their investments managed; (4) Verify which index is being used to design and manage their active investment portfolio; and (5) Compare various indices to each other to fully understand which index best meets their investment objectives. | 09-19-2013 |
| 20130246307 | SYSTEMS AND METHODS FOR INDEX-BASED PRICING IN A PRICE MANAGEMENT SYSTEM - The present invention provides a flexible pricing method for providing pricing adjustments for a product in a deal in response to price variations in selected indexes. The method comprises: designating an index for the product wherein said index has a published index value; and computing a price for said product based on said published index value. The invention also provides for periodically re-pricing deals with index-based pricing terms. | 09-19-2013 |
| 20130246308 | FINANCIAL MILESTONES AND PAYOUT SYSTEM - Computer-implemented architectures for providing a milestone-based contingent fundraising platform using actionable information from experts are described. Businesses may, in conjunction with experts, establish milestones and offer a liability based on an offered interest rate and a target amount of funds to raise. Funders may match the business' offer with funding to meet the target raise. If the business achieves the milestone, then it may receive a portion of the funding. In some embodiments, if the business also has a revenue exceeding a threshold, then the funders may receive a portion of the revenue. Alternatively, if the business fails to achieve the milestone, then the funders may receive back their funding plus interest. Experts may be compensated with a portion of either the raised funds or the paid liability. In some embodiments, such a platform may be used for contests in which funders award businesses for achieving skill-based milestones. | 09-19-2013 |
| 20130246309 | Student Venture Management - A technique involves providing an actual cost commitment and investing a retail value of the actual cost commitment to a student venture, and receiving a return on the retail value and a return on actual cost that is equal to the return on the retail value minus the actual cost commitment. A system constructed according to the technique may include an investment decision engine, a portfolio management engine, and a venture scholar fund operations engine. The system may further include, for example, an authentication engine and a public information engine. | 09-19-2013 |
| 20130254135 | USING COMMERCIAL SHARE OF WALLET TO RATE INVESTMENTS - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 09-26-2013 |
| 20130262338 | System and Method for Determining the Market Risk Margin Requirements Associated with a Credit Default Swap - A system and computer-implemented method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The system and method implement steps and procedures for analyzing the portfolio including the plurality of financial instruments where analyzing further includes determining a first time-series of returns for the plurality of financial instruments, determining a second time-series of returns for the plurality of financial instruments where the second time-series occurs after the first time-series, and calculating the correlation between the first time-series of returns and the second time-series of returns. The system and method implement further steps and procedures for calculating residuals and volatilities for the plurality of financial instruments within the portfolio. | 10-03-2013 |
| 20130262339 | System and Method for Lien Portfolio Management - A lien portfolio management platform is presented that includes a management module operable on a cloud computer. The module accepts lien-relevant data in a predefined format and provides a common valuation methodology thereby facilitating trading of liens. Encrypted data is stored on a cloud database. The module produces predicted performance-parameters of a lien in real-time, such as graphics showing a total-investment and a total value of the lien over time. The data includes lien purchase amount, date and interest rates, as well as information about property underlying the lien, including location, market value, condition and owner. The management module also provides managers of calendar and correspondence, data import and export, documents and attachments, performance, redemption and foreclosure, and acquisition analysis. The platform also includes modules for pre-auction, redemption/foreclosure and servicing. These provide reverse, what if, calculations that give a price to bid to obtain a desired investment performance. | 10-03-2013 |
| 20130262340 | EQUIPMENT FOR DATA PROCESSING AND A METHOD FOR DETERMINING THE WEIGHTINGS OF CONSTITUENTS OF A TARGET PORTFOLIO - Equipment for data processing comprises a first input device for acquiring historical data of constituents of a defined investment universe, a storage for placing the acquired historical data in a first data structure, a first processor for generating a second data structure which corresponds to a subset of the first data structure selected according to specifiable criteria, wherein the second data structure is placed in the storage. The equipment further comprises a predictor for estimating a future volatility of the constituents of the second data structure, a second processor for generating a third data structure that is determined from the estimated future volatility. A third processor generates a fourth data structure that corresponds to an interpolation between the second data structure and the third data structure. Information based on the fourth data structure comprises weightings of constituents of a target portfolio. | 10-03-2013 |
| 20130262341 | Classification Structure and Uses Thereof - Aspects relate to a control process that may be utilized to benchmark and quantitatively measure global corporate and industrial engagement in the transition between an incumbent High Carbon Economy (HCE) and a rapidly developing Low Carbon Economy (LCE). Embodiments may implement a 9-point industrial engagement matrix configured to filter entities based on the criteria, such as: engagement, action, and event criteria. The determination may comprise categorizing with the engagement criteria, a first output of the first entity as one of a good, a product, or a service. Further implementations may determine with the action criteria, that the first output satisfies one of a plurality of global event conditions comprising at least one of: climate change, resource depletion and environmental erosion. Still other embodiments may correlate an industrial action condition to the global event condition. For example, the industrial actions may comprise at least one of: adapting, mitigating, and remediating. | 10-03-2013 |
| 20130262342 | Using Commercial Share of Wallet in Private Equity Investments - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. Private equity firms and other investors of small businesses can use the CSoW/CSoSW modeling approach to more accurately evaluate small and privately held companies, both during investment and for evaluating prospective investments. Over-the-counter securities trading systems can also use this modeling approach to provide more accurate information and/or rankings of listed companies to their customers. | 10-03-2013 |
| 20130268458 | SYSTEM AND METHOD FOR IDENTIFYING RELEVANT ENTITIES - A system, method and non-transitory computer readable storage medium for storing data for a plurality of entities, the data including values for a plurality of characteristics of each of the entities, receiving an identification of one of the entities as a target entity, calculating a distance from the target entity to each other entity not identified as the target entity, wherein the distance is calculated based on the values of the characteristics for the target entity and each of the other entities and identifying a predetermined number of the other entities as relevant entities, wherein the identifying is based on the distance calculated for each of the other entities. | 10-10-2013 |
| 20130268459 | PRICE TARGET BUILDER - Systems and techniques for determining price targets are disclosed. The systems and techniques are designed to be a key workflow tool for investment managers and analysts, saving time and improving investment discipline. Using the disclosed systems and techniques, price targets may be generated based on historic, forward looking, and/or relative valuation metrics which are applied to actual or estimated financial data. | 10-10-2013 |
| 20130268460 | SYSTEM AND METHOD FOR DATA PROCESSING FOR A DESTINATION FUND HAVING AN ASSOCIATED GUARANTEE - A system is provided for administering a destination fund having a guarantee wrapper. The guarantee provides an income stream for life to one or more investors. The destination fund has a selected mix of equities and fixed income investments to provide for enhanced returns throughout retirement for the investor. The destination fund additionally provides income stream flexibility throughout the lifetime of the investor. Administration of a destination fund having a guarantee wrapper may include initiating a guarantee payment process if a value of the destination fund falls below a threshold. | 10-10-2013 |
| 20130268461 | COMPUTER CONTROL OF NON-DEBT FUNDING SYSTEM FOR HOME FINANCE - Machine for controlling a system changing electrical signals to separately value components temporally decomposed from residential property, the computer apparatus including: a computer system, arranged for receiving information into a memory, the data representing the residential property, the computer system further comprising: logic means controlling the computer system to change the data to produce modified signals representing a separate valuation of each of a plurality of components temporally decomposed from the residential property, the components including a residential estate for years interest and a residential remainder interest; and an output device connected to convert the modified signals into documentation including the respective valuation of each of the components. | 10-10-2013 |
| 20130275330 | Assigning a Risk Profile to a Guarantee Product and Payment of Associated Fees - Methods and apparatuses, including computer program products, are described for assigning a risk profile to a guarantee product and charging associated fees. Risk profiles are established, each based on a risk level. A first risk profile is assigned to the guarantee product based on an initial allocation of assets in a linked investment account. A periodic determination is made as to whether the guarantee product is in compliance with the first risk profile due to initial asset allocation changes, including determining whether the asset allocation satisfies the risk level of the first risk profile. A second risk profile is assigned whenever the guarantee product is no longer in compliance with the first risk profile based on the current allocation of assets. | 10-17-2013 |
| 20130275331 | USING COMMERCIAL SHARE OF WALLET IN PRIVATE EQUITY INVESTMENTS - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. Private equity firms and other investors of small businesses can use the CSoW/CSoSW modeling approach to more accurately evaluate small and privately held companies, both during investment and for evaluating prospective investments. Over-the-counter securities trading systems can also use this modeling approach to provide more accurate information and/or rankings of listed companies to their customers. | 10-17-2013 |
| 20130275332 | Payment of Fees Associated with Assigning a Risk Profile to a Guarantee Product - Methods and apparatuses, including computer program products, are described for charging of fees associated with a guarantee product. A computing device calculates a fee associated with the guarantee product, wherein the guarantee product is linked to a first investment account. The computing device deducts the calculated fee from a second account if deduction of the fee from the second account can be completed. The computing device deducts the calculated fee from the first investment account if deduction from the second account cannot be completed, and a guarantee associated with the guarantee product is adjusted based on deduction of the calculated fee from the first investment account. | 10-17-2013 |
| 20130275333 | METHOD FOR IMPLEMENTING AN INVESTMENT COMPANY THAT ISSUES A CLASS OF CONVENTIONAL SHARES AND A CLASS OF EXCHANGE-TRADED SHARES IN THE SAME FUND - A method is provided for administering a single investment company that issues one or more classes of shares that are bought from and redeemed with the single investment company at a net asset value and issues one or more classes of shares that are listed for trading on a securities exchange and that are bought and sold at negotiated market prices. One or more computers maintain account data of the outstanding shares. An owner of any share of any share class has an undivided interest in the single investment company. | 10-17-2013 |
| 20130275334 | SYSTEM AND METHOD FOR MANAGING ASSET PORTFOLIOS - In exemplary embodiments of a computer implemented method, system and computer program for managing asset portfolios, asset allocation results conventionally dictated by Modern Portfolio Theory are modified through implementation of at least a market timing enhancement which signals when an investor should exit individual declining investment portfolio components. By optimizing an oscillator averaging period, computing an oscillator time history and optimizing long and short margin percentages of each of a defined portfolio of investment components, a modified time history of total return for each component is calculated. After inputting the modified time histories into a Classic Modern Portfolio Theory algorithm, allocations are altered based in the current value of the oscillator. | 10-17-2013 |
| 20130275335 | SYSTEM AND METHOD FOR SCREENING OF STOCKS - A method for selecting companies for potential investment from a universe of companies is disclosed. The method includes a first screening step in which each company within the universe is subject to an analysis that determines the change of its results over a period of time. Subsequently, those companies that have a change in performance that exceeds a threshold are selected for a second screening step in which those of the selected that have characteristics that meet specified requirements are presented to a user as prospects for investment. | 10-17-2013 |
| 20130275336 | MANAGING SECURITY HOLDINGS RISK DURING PORTFOLIO TRADING - The present invention provides methods and systems for managing short-term risk to a portfolio of securities holdings while executing an outstanding trade list. The methods and systems may include steps of determining covariances between securities in the outstanding trade list and securities in the portfolio of holdings; receiving a risk variable, at least one constraint on the execution of a trade, and a proposed quantity representing a portion of said outstanding trade list desired to be executed at a particular time; and determining an immediately executable trade list based at least in part on the covariances and risk variable. The executable trade list must satisfy all of the trade constraints and also must be substantially equal to or less then the proposed quantity. | 10-17-2013 |
| 20130275337 | DEVICE, METHOD AND SYSTEM OF TESTING FINANCIAL DERIVATIVE INSTRUMENTS - Devices, systems and methods of testing financial-derivative instruments. For example, a method may include receiving input information defining a tested financial derivative instrument and one or more testing parameters defining at least a back-testing period; simulating results of a plurality of simulation scenarios corresponding to a plurality of points of time within the back-testing period, each scenario including a modification of the tested financial derivative instrument with respect to a point of time within the back-testing period; and providing an output, which is based on the results of the plurality scenarios. | 10-17-2013 |
| 20130275338 | INVESTMENT PLAN PLANNING APPARATUS, INVESTMENT PLAN PLANNING METHOD, AND INVESTMENT PLAN PLANNING PROGRAM - An investment plan planning apparatus being a computer apparatus that evaluates a fund in hand and an investment effect of the fund in hand to estimate an investment plan relating to product production, comprising an input unit that receives information from a user to store in a storage unit, the storage unit stores at least prediction information related to a period for debt collection from a customer, prediction information related to a period for debt payment to a supplier, actual sales information of a product, demand information predicted for the product, and actual purchase information of items and services required for product production, received by the input unit from a user, and a computing unit executing the processes of identifying a collection period of accounts receivable related to a predetermined product from the actual sales information of the product, demand information of the product, and a prediction information of the debt collection period related to a customer of the product, identifying a payment period of accounts payable generated at a time of production of the product from an actual purchase information and the demand information related to the product, and calculating a cash flow by subtracting an accounts payable payment amount from an accounts receivable collection amount of each period, comparing movement of the calculated cash flow for a case when the cash flow is not used for investment with an investment amount defined by a user through the input unit, identifying as an investable term a term when an amount of the cash flow exceeds the investment amount, calculating fund in hand and an investment effect when the fund in hand is invested in a user-specified investment target for the investable term, and identifying an investment period causing a maximum investment effect and an investment amount therefor, and displaying the cash flow movement and pieces of information of the investment effect on a display unit. | 10-17-2013 |
| 20130275339 | METHOD AND SYSTEM FOR FACILITATING A CONTEXT-BASED ELECTRONIC COMMUNICATION REGARDING A FINANCIAL TRANSACTION - A computer communication system includes a database, a display application and a communication application. The database is configured to store data pertaining to a financial transaction. The display application is configured to execute on a processor to create a display for displaying a user-selectable communication item corresponding to the financial transaction. The communication application is configured to execute on a processor to create a communication interface. The communication interface enables a first user to initiate, by selecting the user-selectable communication item, a communication with a second user regarding the financial transaction, where the communication is an e-mail communication or an instant messaging communication. The communication interface also automatically embeds one or more transaction parameters corresponding to the financial transaction in the communication to be displayed to the second user. The one or more transaction parameters are based on the data pertaining to the financial transaction stored in the database. | 10-17-2013 |
| 20130275340 | SYSTEM AND METHOD FOR AUTOMATIC DEFEASANCE OF A BASE PORTFOLIO OF CREDIT DEFAULT SWAPS - A computer-implemented method for automatic defeasance of a base portfolio of swaps, the base portfolio being held between a first counterpart and a second counterpart, including the steps of: receiving at a portfolio database trade data related to the base portfolio; identifying from the trade data at a matching engine trades that have at least one of matching core attributes and matching trade characteristics so as to compile the base portfolio; grouping at a sub-portfolio generator the identified trades into sub-portfolios; determining at a spread value engine a set of allowable spread values for each sub-portfolio; and for each sub-portfolio, generating at a defeasance portfolio engine a defeasance portfolio of swaps comprising at the most two trades, each of the two trades having a spread value selected from the determined set of allowable spread values so that the defeasance portfolio replicates the base portfolio and minimizes gross notional of the defeasance portfolio. | 10-17-2013 |
| 20130275341 | System and Method for Visualization of Results of Multi-Criteria Financial Optimizations - Described is a system including a memory arrangement and a processor for graphically representing in a space data representing at least one portfolio. The memory arrangement stores a Multi-Criteria Financial Optimization (“MCFO”). The processor solves the MCFO to generate data corresponding to a set of portfolios. The processor selects vertex points corresponding to a set of components of the portfolios. The processor defines coordinates of the vertices on a chart and plots the vertices as points on the chart. The processor defining a projection vector-function using coordinates of the vertices and selecting a subset of the portfolios on the chart. The processor computing coordinates for the portfolios in the subset using the projection vector-function and a weighting corresponding to the portfolios. The processor plotting points corresponding to the portfolios in the subset on the chart using the computed coordinates. | 10-17-2013 |
| 20130282612 | RETURN ON PARTNERSHIP INVESTMENT CALCULATOR - Systems and methods for calculating a return on partnership investment are presented. An example system includes a first module to receive a reseller input representative of a cost related to a reseller selling a product of a selling partner and a cost assumption input representative of a cost related to buying the product from the selling partner, and generate a reseller output as a function of the reseller input, the reseller output related to a cost of the reseller. The system may further include a report module to receive the reseller output and the cost assumption input and to generate a report output as a function of the reseller output and cost assumption input, the report output comprising a return on partnership investment. | 10-24-2013 |
| 20130282613 | Computerized Method And System For Financing By EB-5 Investor Visa Regional Center - A computer-implemented financed commercial economic system and method for EB-5 immigrant investor visa programs through a regional center directed to promotion of economic growth, improved economic regional productivity, job creation and increased capital investment, in which EB-5 investors by a capital investment for economic commercialization of projects and an electronic database accessible through a communications network to maintain regional center and EB-5 investor information, with an escrow account of funds from sales of products produced in by the projects, and returning of capital investments to the EB-5 investors after a pre-determined period of time with the proceeds of the escrow account. | 10-24-2013 |
| 20130282614 | Method and Apparatus of Determining Funded Status Volatility - A volatility level associated with the funding level of a fund may be assessed with a memory and a processor. The processor is configured to store a plurality of data structures in memory. The data structures comprises a plurality of data items associated together as volatility measures, correlation measures that corresponds to correlation of the asset returns within the fund, duration measures that are related to the volatility measures, and holdings in the fund. The processor determines an asset class volatility measure based in part upon the volatility measures, the correlation measures, the duration measures, and the holding in the fund. The processor also determines a liability measure associated with the fund, a holding volatility measure based upon the asset class volatility measure and the percentage weight of the holding in the fund. The processor calculates a funded status volatility by comparing the holding volatility measure to the liability measure. | 10-24-2013 |
| 20130282615 | FAIR VALUE MODEL BASED SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR VALUING FOREIGN-BASED SECURITIES IN A MUTUAL FUND - A system for determining fair value prices of financial securities of international markets includes selecting a universe of securities of a particular international market, computing overnight returns of each security in the selected universe over a predetermined past period of time, selecting at least one return factor of a domestic financial market from a plurality of return factors, computing, for each selected return factor, the return factor's daily return over said predetermined past period of time, calculating, for each selected return factor, a return factor coefficient for each security in the selected universe by performing a time series regression to obtain the contribution of each return factor's return to the security's overnight return, and producing each calculated return factor coefficient in a data stream. | 10-24-2013 |
| 20130282616 | Auction Profile Method and System - In one embodiment, the present invention determines and graphically presents balance areas on a price chart for a tradable financial instrument such as a stock, bond, currency, future, etc. By highlighting such areas, the end user may more easily identify possible areas to initiate trades with good trade location according to the present invention. One method according to the present invention provides for receiving input from a user establishing parameters for determining at least one of: a value area, a market condition, and an expiring profile unit; receiving input from a market data component associated with at least one tradable financial instrument; providing a graphical user interface display in the form of a price chart; determining whether one or more profile units are to be displayed as part of the displayed price chart; and based upon the input from the market data component, re-assessing the determination of at least one profile unit to be displayed. | 10-24-2013 |
| 20130282617 | AUTOMATED INTELLECTUAL PROPERTY LICENSING - There is disclosed a website that allows patent licenses to be easily purchased. Through the website, customers can purchase paid-up, lump-sum licenses from the vendors. The website employs standard forms that avoid risks of litigation and the burdens of negotiation. | 10-24-2013 |
| 20130282618 | METHOD AND PROCESS FOR INTERACTIVELY DISPLAYING AND RESEARCHING INVESTMENT INFORMATION - An inventive business method and process operated and presented using computer software comprises an interactive marketing and information retrieval system which may, in a preferred embodiment, be used to provide a wide range of information about financial investments, and to market financial investment products and services. The inventive method uses various creative tools to present detailed investment information about different investment funds, including fund overview, portfolio, and performance. In a preferred embodiment, the method and process uses a look-and-feel of the periodic table of elements to organize, structure and present information about available investment funds. The method and process also allows users to interactively select and access fund and investment information, which may include information presented through webcasts or video-streaming. In a preferred embodiment, the method and process may further provide an interactive personalized user portfolio or “briefcase” showing the user's individual investment portfolio or selected fund or financial information. | 10-24-2013 |
| 20130282619 | METHODS AND INVESTMENT INSTRUMENTS FOR PERFORMING TAX-DEFERRED REAL ESTATE EXCHANGES - Methods and investment instruments for investing in real estate are described wherein a portfolio of investment real estate is divided into a plurality of tenant-in-common deeds of predetermined denominations, and which are subject to a master agreement and master lease to form “deedshares.” Holders of the deedshares receive a guaranteed income stream from the master lease and yearly depreciation, without having to maintain or manage the real estate. The holders of deedshares are subject, under the master agreement, to a mechanism that enables the master tenant to purchase, or arrange for the purchase of the deedshares at fair market value (or some other calculable value) at the end of a specified term. Because the deedshares qualify as interests in investment real estate, they are eligible for tax-deferred treatment under §1031 of the Internal Revenue Code. | 10-24-2013 |
| 20130282620 | METHOD OF MATCHING HEDGE FUNDS AND INVESTORS AND APPARATUS THEREFOR - A method for matching a hedge fund and a hedge fund investor, and apparatus therefore, may utilize databases that may be searched by search engines. The databases and the search engines may be accessed using a website. Information regarding the investor may be stored in one database and information relating to the hedge fund may be separately stored in the other database. An investor may access the search engine associated with the database containing hedge fund information to identify hedge funds that may be relevant to that investor. Likewise, a hedge fund may access the search engine associated with the database containing investor information to identify qualified investors that may be interested in the hedge fund. | 10-24-2013 |
| 20130282621 | COMPUTERIZED METHOD AND SYSTEM FOR MANAGING A FINANCIAL PORTFOLIO RELATIVE TO MARKET VOLATILITY - The system and method for managing a financial portfolio relative to market stability includes determining a first allocation of assets in the portfolio and a level of equity exposure, the portfolio including a plurality of funds; monitoring a quantitative risk indicator for market signals, determining whether the quantitative risk indicator meets a predetermined risk threshold value and if the risk indicator meets the risk threshold value, adjusting the level of equity exposure by selling a first position on a first set of options associated with a first fund and purchasing a second position on a second set of options associated with a second fund. | 10-24-2013 |
| 20130282622 | DEVICE, SYSTEM, AND METHOD OF AUTOMATIC FINANCIAL-INSTRUMENT MANAGEMENT - Devices, systems, and methods of automatic Financial-Instrument (FI) management. In some embodiments, a system includes, a memory having stored thereon financial-instrument-based (FI-based) management instructions; and a processor to execute the FI-based management instructions resulting in a FI-based management application, wherein the FI-based management application may receive portfolio data corresponding to a plurality of financial-instrument portfolios associated with a plurality of clients, wherein the FI-based management application may automatically identify one or more portfolios of the plurality of portfolios satisfying at least one criterion, wherein, for each identified portfolio, the FI-based management application may receive client-specific management data corresponding to a client associated with the identified portfolio, wherein the client-specific management data includes at least client-specific destination information defining at least one destination, and wherein, for each identified portfolio, the FI-based management application may automatically communicate portfolio-related data corresponding to the identified portfolio to the destination defined by the management data. | 10-24-2013 |
| 20130290216 | SYSTEMS FOR, AND METHODS OF MAKING AND EXECUTING, INVESTMENT TRANSACTION DECISIONS - Methods and systems for a trading strategy, for making and executing investment transaction decisions. The methods and systems operate on two levels, based on sets of at least three simple moving averages, including back testing to establish a decision base for decision making. As a first level, the trading strategy ascertains a general direction of the market for a specific investment vehicle. Once the general direction of the market for that investment vehicle has been determined, the trading strategy uses multiple simple moving average crosses as basis for triggering transaction signals and/or transaction signal alerts. | 10-31-2013 |
| 20130290217 | SYSTEMS AND METHODS FOR IMPROVING INVESTMENT PERFORMANCE - Methods for a data processor implemented system monitor for enabling persons to turn over the allocation their investment assets, and/or receive assistance concerning how to receive disbursements from investments, in a manner that is free from or ameliorates the traditional conflicts of interest in previous systems. The methods are adapted to ameliorate the tension between other functions where the compensation may be affected by asset allocation. The systems and methods collect, monitor, and direct information from persons who hold indicative data, e.g., employers, to provide professional asset allocation services including automatic allocation, rebalancing, and reallocation of investment assets, on a regular basis; as well as assistance in determining how much to save or how to receive disbursements in a manner that ameliorates conflicts of interest, which, in the case of employee benefit plans, is consistent with the regulatory restraints of ERISA (Employee Retirement Income Security Act). | 10-31-2013 |
| 20130290218 | SYSTEM AND METHOD FOR REGULATORY COMPLIANCE MANAGEMENT - A regulatory compliance management system, method, and program for regulatory compliance management are provided. A method for regulatory compliance management includes: based on an investment portfolio, tagging and searching, by a query module, regulatory and other documents; receiving, by an analysis module, the documents; based on the received documents: determining and displaying trade errors; summarizing and displaying transactions in different accounts in the investment portfolio; summarizing and displaying instances of long and short positions occurring within a same security in the investment portfolio; determining and displaying daily trading volume for a security in the investment portfolio; determining and displaying total price times quantity of transactions for specific broker dealers in the investment portfolio; determining and displaying commissions in the investment portfolio; determining and displaying population standard deviation and distance from the mean for transactions within accounts, brokerages, and securities in the investment portfolio over a selectable time period. | 10-31-2013 |
| 20130290219 | METHOD AND APPARATUS FOR COMPUTING THE RELATIVE RISK OF FINANCIAL ASSETS USING RISK-RETURN PROFILES - Embodiments are described for a system and method for comparing risk associated with a financial asset by creating a risk-return profile for the first asset and a risk profile for the second asset over a defined time period having a plurality of asset holding times, calculating an average negative total return of each of the first and second assets for each of the plurality of asset holding times, calculating a worst case total return of each of the first and second assets for each of the plurality of asset holding times, and calculating a percentile total return each of the first and second assets for each of the plurality of asset holding times. | 10-31-2013 |
| 20130297529 | FRESH WATER PRICE INDEX BASED ON WATER QUALITY - A method and system for computing a stable index value of fresh water based on water quality category and/or grade from current values of root commodities (i.e. freely marketed products) that either have fresh water as a constituent and/or utilize fresh water in their production, usable to develop a stable investment instrument for investing in fresh water. A processor may process associations between a root commodity and a water quality category of fresh water. A display associated with a computer may display updateable current prices of fresh water of a particular water quality category and/or grade and updateable current prices of one or more root commodities. A water measurement device may measure at least one water source of fresh water with respect to at least one of TDS, carbonate content, pH, hardness, sodium, chloride, nitrate, toxins and sodium adsorption ratio and compare against standards to categorize the fresh water. | 11-07-2013 |
| 20130297530 | Methods and Apparatus for Improving Factor Risk Model Responsiveness - Construction of factor risk models that better predict the future volatility of returns of a portfolio of securities such as stocks, bonds, or the like is addressed. More specifically, improved factor-factor covariance estimation is made even when the covariances change rapidly over time. Methods and techniques for achieving better accuracy, responsiveness, and stability of factor risk models are addressed. | 11-07-2013 |
| 20130297531 | DEVICE FOR MODIFYING VARIOUS TYPES OF ASSETS - An asset modification device includes memory, an asset modification module, and operation modules. The memory stores limit tables and asset operational data. The asset modification module selects an asset to modify, a limit table regarding the asset, an operational module based on an entry in the limit table, and evaluation data. A specific task execution module of the selected operation module executes a specific task on asset operational data of the asset to produce a modified asset when an evaluation data filter of the selected operation module indicates that analysis of the evaluation data is favorable for modification of the asset via the specific task. | 11-07-2013 |
| 20130297532 | System And Method For Rating A Financial Portfolio - System and method for ranking the performance of a first portfolio relative to the performance of a plurality of portfolios. Software executing on a server determines a ranking for a first portfolio associated with a first client identifier. The ranking is based on a comparison between the performance of the first portfolio and the performance of the plurality of portfolios. Each of the portfolios is associated with a client identifier. Software executing on the server generates a report based on the first portfolio ranking and transmits the report to the client. The performance ranking may be based on a peer group. Financial advisors are rated based on the performance of portfolios they manage relative to other portfolios in the same peer group. | 11-07-2013 |
| 20130297533 | PROCESSING SECURITIES-RELATED INFORMATION - Embodiments of the invention provide techniques for improving clarity of disclosure materials provided to investors, by enabling securities issuers, intermediaries and/or other entities to create and disseminate clear and concise summary-level information on individual securities to investors to enable informed investment decisions. The information may include a summary version of the full statutory prospectus (a “summary prospectus”). A summary prospectus may include a concise, “plain English” synopsis and/or representation of certain information contained in the hill statutory prospectus, such as a security's investment objectives and strategies, costs, risks and/or other information. | 11-07-2013 |
| 20130297534 | SYSTEM AND METHOD FOR MULTI-FACTOR MODELING, ANALYSIS AND MARGINING OF CREDIT DEFAULT SWAPS FOR RISK OFFSET - A system and method for determining a margin requirement associated with a plurality of financial instruments within a portfolio is disclosed. The system and method include receiving a plurality of data associated with the plurality of financial instruments within the portfolio, determining a systematic risk margin based on at least a portion of the received plurality of data, determining a curve risk margin based on at least a second portion of the received plurality of data, determining a convergence and divergence risk margin based on at least a third portion of the received plurality of data, determining a sector risk margin based on at least a fourth portion of the received plurality of data, determining an idiosyncratic risk margin based on at least a fifth portion of the received plurality of data, determining a liquidity risk margin based on at least a sixth portion of the received plurality of data, determining a basis risk margin based on at least a seventh portion of the received plurality of data, and calculating a multi-factor risk margin based on one more of the determined risk factors. | 11-07-2013 |
| 20130304669 | SYSTEM AND METHOD FOR POOL RISK ASSESSMENT - A system and method for assessing risk is provided. The method comprises determining an investment index associated with investment by an insurance company in an insurance pool. Next, the method comprises determining a return index associated with an expected return to the insurance company from participating in the insurance pool; and determining a benefit index based on the investment and return indices. The system for assessing risk comprises an assessment module for assessing risks associated with an insurance company's participation in an insurance pool based on at least one of: an investment index associated with the costs of participating in the insurance pool, and a return index associated with the benefits of participating in the insurance pool. | 11-14-2013 |
| 20130304670 | Computer-Generated Investment Index - A method for generating an investment vehicle index including selecting a universe of investment vehicles and selecting, by a computer, out of the universe of investment vehicles, only those that meet at least one performance criteria, resulting in a first subset. The method also includes selecting, by the computer, out of the first subset, investment vehicles based upon at least one characteristic of the entity associated with each investment vehicles, resulting in a second subset. The method further includes weighting, by the computer, the second subset of investment vehicles based upon their standard deviation of volatility to generate an index of volatility-weighted investment vehicles. | 11-14-2013 |
| 20130304671 | Factor Risk Models with Multiple Specific Risk Estimates - Construction of factor risk models that more advantageously predict the future volatility of returns of a portfolio of securities such as stocks, bonds, or the like is addressed. More specifically, factor risk models with more than one estimate of specific risk or, alternatively an original specific risk estimate together with a set of specific risk differences derived from more than one estimate of specific risk. | 11-14-2013 |
| 20130304672 | METHOD AND SYSTEM FOR ANALYZING INVESTMENT INFORMATION - An information processing apparatus and associated method for analyzing investment information. An input unit receives a financial request and one or more investment variables relating to the financial indicator and a description vector unit generates at least two vectors containing the one or more investment variables based on the financial request. A description vector similarity unit then calculates a similarity value by comparing the at least two vectors and an investment analysis unit analyzes the similarity value and the financial request, and determines investment advice based on results of the analysis. | 11-14-2013 |
| 20130304673 | METHOD AND SYSTEM FOR GENERATING AN INDEX OF SECURITIES - A method for generating an index of securities includes selecting index constituents and weighing the selected index constituents by a measure (“an intangible asset measure”) of quality and/or value of the intangible assets of constituent entities. The index constituents can be selected from a set of potential constituents based on an intangible asset measure of each constituent in the set, and the selected index constituents may then be weighted by a desired measure or methodology or weighted equally, or by an intangible asset measure. Another method for generating an index of securities includes combining groups of constituents, which are selected based on an intangible asset measure, to be index constituents and weighing the index constituents by a desired measure or methodology. | 11-14-2013 |
| 20130311397 | SYSTEMS AND METHODS FOR FINANCIAL STOCK SCREENING THAT INCORPORATES PATENT DATA - The present invention provides means for screening investments by correlating financial information and patent information using customized criteria. Specifically, the present invention provides a screening tool that identifies publicly traded companies based on financial criteria input by a user, and further filters the publicly traded companies based on patent criteria input by the user. | 11-21-2013 |
| 20130311398 | ESTIMATING RISK OF A PORTFOLIO OF FINANCIAL INVESTMENTS - An estimate of the effect of a market condition or conditions on a portfolio of financial investments is determined. Financial risk for a portfolio of financial investments is estimated for particular observed parameter values that affect the value of the portfolio. The financial risk is estimated based on previously calculated measurements of risk of the portfolio for a previously selected range of values of the parameters. | 11-21-2013 |
| 20130311399 | METHOD OF SECURITIZING A PORTFOLIO OF AT LEAST 30% DISTRESSED COMMERCIAL LOANS - A platform and a securitization methodology that provides lenders with an opportunity to maximize the returns on their distressed commercial credit facilities and overcomes the obstacles that have historically precluded the securitization of distressed commercial loans. The present invention is based upon an underlying portfolio of at least 30% distressed commercial loans for securitization that emulates the predictability and regularity of the cash flow and recovery characteristics of a portfolio of generally performing commercial loans, thus eliminating crucial historical barriers to securitization of such distressed commercial loans, such as the absence of predictable and regular cash flows and predictable recoveries. The methodology of the present invention takes a specific mix of distinct classifications of distressed commercial loans with specified characteristics in confluence with structural specifications, such as specific reserves and safeguards, to create a synthetic asset class that emulates the characteristics of a portfolio of performing loans. | 11-21-2013 |
| 20130311400 | SYSTEM FOR REAL TIME CONTINUOUS DATA PROCESSING FOR INVESTMENT PORTFOLIOS - A real time continuous data inputting, processing, scanning and displaying system for financial data and inputting variable boundaries of data for a variety of desired data characteristics. The process displays when the data characteristics fall outside their respective variable boundaries. Real time financial markets data and conventional data inputs are input into the system which is comprised of conventional and new computer processor enabled processes, clusters of central processing units, a report writer, terminal device, data disk, and interface. The data disks and real time financial market data and conventional data inputs and outputs are continuously referenced during the scanning process for exceptions to the boundaries of desired data characteristics. | 11-21-2013 |
| 20130311401 | METHOD OF ADVANCING FUNDING EXPENSES FOR CAPITAL PROJECTS - The present teachings relate to a method of financing a government authorized construction project in advance of government scheduled funding. The method may provide a closed loop financing structure for the bond investor. Specifically, a method of financing a construction project in advance of future scheduled funding is shown and described. The method may include the steps of advancing funds for the construction projection by issuing bonds that are non-recourse to a contractor and a public owner hiring the contractor to deliver the construction project, and receiving a performance guarantee for the construction project, where the performance guarantee ensures delivery of the construction project for the public owner upon the contractor's failure to complete the construction project. The method may also include the steps of advancing payment to the construction project as the contractor completes work, and directing payments to a trustee from the future scheduled funding. | 11-21-2013 |
| 20130318003 | Index-Linked Notes With Periodic Coupons Subject To A Triggering Event - Index-linked notes with periodic coupons subject to a triggering event, and accompanying methods, are described herein. In some instances, exemplary notes allow a purchaser to purchase a note and receive periodic coupons returned on the note as long as a triggering event does not occur. Assuming that the triggering event does not occur, the purchaser may receive these coupons until the note reaches maturity. Payment of the periodic coupons may cease, however, when a triggering event (e.g., the purchaser's death) does occur. In addition, the amount of the periodic coupons are tied in some manner to a financial index, such as the Bloomberg index, the S&P 500, or the like. | 11-28-2013 |
| 20130318004 | APPARATUSES, METHODS AND SYSTEMS FOR FACILITATING COMMUNITIES OF SOCIAL NETWORK BASED INVESTMENT - The APPARATUSES, METHODS AND SYSTEMS FOR FACILITATING COMMUNITIES OF SOCIAL BASED INVESTMENT (“PAVE™ apparatuses, methods, systems, programs and interfaces”) transform user input into profile pages, a social networking platform, social based funding agreements and mentorship arrangements. | 11-28-2013 |
| 20130318005 | APPARATUSES, METHODS AND SYSTEMS FOR FACILITATING COMMUNITIES OF SOCIAL NETWORK BASED INVESTMENT - The APPARATUSES, METHODS AND SYSTEMS FOR FACILITATING COMMUNITIES OF SOCIAL BASED INVESTMENT (“PAVE™ apparatuses, methods, systems, programs and interfaces”) transform user input into profile pages, a social networking platform, social based funding agreements and mentorship arrangements. | 11-28-2013 |
| 20130318006 | ROLLING SETTLEMENT FOR TRI PARTY TRANSACTIONS - A system for settling trades in Tri-Party repurchasing agreements includes one or more processors configured to execute one or more computer program modules. The computer program modules are configured to obtain, on electronic storage media accessible to the one or more processors, security information associated with a plurality of securities securitizing a Tri-Party repurchasing agreement between a dealer and an investor. The computer program modules are also configured to execute one or more computer program modules configured to receive a cash amount from the dealer, the cash amount being less than required to repurchase an entirety of the plurality of securities. The computer program modules are further configured to execute one or more computer program modules configured to release a subset of the entirety of securities to the dealer, the subset of the entirety of securities being repurchased by the cash amount received from the dealer. | 11-28-2013 |
| 20130318007 | LIFETIME INCOME ANALYSIS TOOL - A lifetime income analysis tool (LIAT) that includes a client-based application that provides selective information relating to an individual's retirement. The client-based application processes the selective information to be sent as a request. A server-based application receives the request and processes the request to evaluate the feasibility of an individual's retirement income goal. The server-based application also provides a customized estimate of expected future monthly income needed to cover a broad range of health-care costs in retirement utilizing a plurality of LIAT factors. The server-based application sends its findings as a response to the client-based application for viewing by a user. | 11-28-2013 |
| 20130318008 | SYSTEM FOR MANAGING RETIREMENT INCOME AND A METHOD THEREOF - A method and system for managing a retirement income fund includes recording a starting value of a retirement investment for an investor and calculating based on the starting value a guaranteed periodic income amount that the investor will receive for the rest of their life. A selection is received from the investor of at least one investment fund and of a periodic withdrawal amount. Based on the performance of the at least one investment fund, upper and lower parameters for the periodic withdrawal amount are calculated. The guaranteed periodic income amount is recalculated whereby if the selected periodic withdrawal amount is lower than the lower parameter then the guaranteed periodic income amount is increased, if the periodic withdrawal amount is higher than the upper parameter then the guaranteed periodic income amount is decreased and if the periodic withdrawal amount is between the upper and lower parameters then the guaranteed periodic income amount is left the same. The selected periodic withdrawal amount is periodically paid to the investor and the value of the retirement investment is recalculated based on the performance of the at least one investment fund and reducing the value of the retirement investment by the periodic withdrawal amount. If the value of the retirement investment has reached zero then ceasing to pay to the investor the periodic withdrawal amount but thereafter periodically paying the guaranteed periodic income amount. Finally, on the death of the investor, determining the value of the retirement investment and if this is greater than zero then paying to at least one beneficiary of the investor the value and ceasing to pay any further periodic amounts. | 11-28-2013 |
| 20130325747 | STOCK ANALYSIS METHOD, COMPUTER PROGRAM PRODUCT, AND COMPUTER-READABLE RECORDING MEDIUM - In a stock analysis method for performing an analysis on stocks to select target ones to be bought/sold from the stocks, each stock is grouped into a corresponding group based on stock return data thereof, market return data and industry return data of each corresponding classified industry. Clustering data for each stock corresponding to each time interval and associated with the groups is obtained based a clustering mode. Analysis data for each stock corresponding to a coming time interval is estimated based on the corresponding clustering data. Any ones of the stocks, whose analysis data matches predetermined selection criteria, are determined as the target stocks. | 12-05-2013 |
| 20130325748 | NAVIGATION LOGIC CONSTRUCT FOR USE IN FORMULATION OF A RETIREMENT OUTCOME FRAMEWORK - A method for navigating to one or more customized, goals-based retirement outcome solution(s) is provided. The method may include using a receiver to receive essential expense information from an investor. The method may further include using the receiver to receive income information from the investor. In addition to a receiver, the method may also use a processor. The method may include using the processor to calculate: | 12-05-2013 |
| 20130325749 | Options in play development hero - The present invention is in the field of real-estate acquisition for economic development. More particularly, the present invention is drawn to a method for making blocks of real-estate readily available for economic development at a minimum cost to investors, while expediting that development, and rewarding real-estate owners with options to purchase contracts. | 12-05-2013 |
| 20130325750 | SYSTEM AND METHOD FOR AN ALGORITHM INVESTMENT MODEL - A system and method for raising funds for the development of a software application by pre-licensing a software application in a parallel processing development environment. Further including a pre-license auction aspect for auctioning off excess application uses to other users that exist within the development environment. | 12-05-2013 |
| 20130325751 | ASSET PLANNING AND TRACKING - A asset planning and tracking system plans and tracks progress towards a savings goal and analyzes the consumption of assets that are being used to satisfy the savings goal. The system may further be configured to analyze a user's periodic (e.g., monthly, quarterly, yearly) transactions and provide suggested transactions if the user has excess income for the period. An asset planning and tracking system may be implemented in the context of a retirement planning system to aid a non-retired user in planning for his or her retirement and to aid a retired user in tracking the consumption of retirement assets. | 12-05-2013 |
| 20130325752 | SYSTEM AND METHOD FOR EVALUATING DEFINED CONTRIBUTION PLANS - A system and method for comparing retirement plans against a selected group of similar plans is disclosed. In one embodiment, a computer system for evaluating a retirement plan comprises a computer server having a database comprising a plurality of data defining a plurality of characteristics of each of a plurality of retirement plans, software configured for identifying a subset of the plurality of retirement plans having characteristics comparable to characteristics of a selected retirement plan, software configured for permitting the selection of at least one report from a plurality of report types, and software configured for automatically generating the selected at least one report, where the at least one report comprises an evaluation of the characteristics of the selected retirement plan against the characteristics of the subset of the plurality of retirement plans. | 12-05-2013 |
| 20130332387 | GRAPH TRAVERSAL FOR GENERATING TABLE VIEWS - A method comprising creating and storing a graph having nodes and edges that represent financial assets and accounts in which the assets are held; individuals who own the assets; or legal entities who own the assets; receiving and storing bucketing factors and column factors; traversing the graph and creating a list of a plurality of paths of nodes and edges in the graph; applying the bucketing factors to the paths to result in associating each set among a plurality of sets of the nodes with a different value node among a plurality of value nodes; applying the column factors to the paths and the value nodes to result in associating column result values with the value nodes; creating and causing displaying a table view by forming rows based on the value nodes and forming columns based on the column result values. | 12-12-2013 |
| 20130332388 | SYSTEMS AND METHODS FOR MANAGING ELECTRONIC INTERACTIVE GAMING-BASED INVESTMENTS - The field of the invention relates to systems and methods for facilitating investments through interactive online gaming. In one embodiment, an interactive electronic gaming system includes a game server for hosting a Web application game, accessible over a data network. One or more client communication devices are configured to access the game server. An index fund server is accessible over said data network for maintaining electronic investment portfolios. The game server is configured to intercept any electronic payment transactions over a payment gateway server through the Web application game from one or more client devices and redirect the intercepted transaction to the index fund server. | 12-12-2013 |
| 20130332389 | ONLINE MARKETPLACE SYSTEM AND METHOD - A computerized online marketplace that facilitates the acquisition of funding and services for the development and operation of an online business. It provides a variety of investment opportunities for investors and facilitates an entrepreneur's acquisition of capital as well as skills and services needed to start an online business. Possible investment channels for potential investors comprise: money; skills; and services. Investors are awarded investment points for monetary and non-monetary investments and are compensated according to their points. Monetary compensation is awarded periodically to investors according to their rank in relation to the respective investor base of a given business entity. Businesses are hosted at the online marketplace and all aspects of investment and operations are managed through the marketplace thereby facilitating interactions between all parties involved in business initiation, development and operation, including customers. | 12-12-2013 |
| 20130332390 | Systems and Methods for Analysis of Portfolio Returns and Trade Cost Measurement Based on Fiduciary roles - Preferred embodiments of the present invention comprise, for example, a method for measuring trade costs, comprising (1) capturing trade data over a predetermined time period; (2) capturing time stamp data corresponding to said trade data, wherein said time stamp data comprises open events and close events, data regarding when an order is received by a buy-side trading desk from a portfolio manager; data regarding when execution of said order is completed, and data regarding when a manager decides to engage in trading regarding said order; and (3) performing an investment level analysis based on said trade data and said time stamp data. Further embodiments comprise systems and software for implementing the above method (and others) and utilizing information obtained therefrom. | 12-12-2013 |
| 20130332391 | Methodology and Process For Constructing Factor Indexes - Approaches to the construction of indexes are addressed wherein a portfolio of securities such as stocks, bonds, or the like and their associated investment weights or shares is generated. Indexes can be used as investment tools in various ways. For instance, indexes comprising a plurality of securities can often be bought and sold more cheaply than buying and selling the individual constituents of the index. This pricing differential allows investment with reduced transaction costs. Alternatively, in passive and enhanced indexing, investments are made with reference to an index. Performance statistics such as return and risk are reported with respect to the reference index. Factor indexes can serve as active manager benchmarks or the underlyers for investable products such as exchange traded funds and mutual funds. Computer based systems, methods and software are addressed for constructing indexes that replicate the returns of a quantitative factor such as medium term momentum or value. Further, processes and methodology are described by which the index can have the best possible replication of the underlying factor returns as well as other desirable characteristics. The methodology provides an approach to determine the index even when all desirable characteristics of the index are not simultaneously achievable. | 12-12-2013 |
| 20130332392 | System and Method of Margining Fixed Payoff Products - A system and method is disclosed for determining performance bonds for fixed payoff products, i.e. contracts which payoff a fixed amount based on the outcome of an underlying event regardless of the value thereof. The worst outcome of the overall portfolio, which may contain more multiple instruments, is calculated, allowing the portfolio to have both long and short positions on the same underlying event and offsets among instruments within the portfolio. A universe of outcomes is constructed including single events with single outcomes, and the probability thereof, and single events with multiple outcomes, each with a probability thereof. Each outcome has an associated price and probability. Low probability events will have low values, resulting in a lower margin requirement. The margin requirement is then the amount of the maximum loss that the portfolio can sustain for any possible outcome of the underlying event, adjusted for the probability thereof. | 12-12-2013 |
| 20130332393 | METHOD AND SYSTEM FOR ADDING LIQUIDITY TO ALTERNATIVE INVESTMENT TRANSACTIONS - The invention provides a method and system for providing liquidity to an alternative investment fund. The transaction system includes a plurality of fund investors; an alternative investment fund in which the fund investors commit to the investment of “alternative investment funds,” the alternative investment fund managed by a fund manager; a structure operated in conjunction with the alternative investment fund, the structure managed by a structure manager; and a plurality of structure investors, the structure investors investing structure funds into the structure. The structure provides at least one fund investor with an option to designate cash distributions of the alternative investment fund, which are made available to the at least one fund investor, to the structure. In the system the at least one fund investor obtains a liquidation of alternative investment funds upon the designation of the cash distributions of the alternative investment fund. | 12-12-2013 |
| 20130339272 | SYSTEMS AND METHODS FOR IMPLEMENTING AN INTEREST-BEARING INSTRUMENT - Systems and methods are provided that allow a financial instrument to be structured so that the underlying borrowed principal is callable, putable, or both. In one example, a Range Accrual Mortgage is structured so that the underlying borrowed principal is a mortgage that is callable, putable, or both by embedding into the loan structure a rate put option, and by permitting correlative adjustments to the outstanding loan principal. The invention lends symmetry to the interest rate behavior of certain borrowings by making explicit the pricing and market value of options that were previously only implicit in the borrowing structure. For example, a mortgage in accordance with the invention should provide incentives for either the homeowner or the bank to refinance the mortgage and should do so whether interest rates rise or fall, and no matter what path interest rates follow from the inception of the instrument until its maturity. | 12-19-2013 |
| 20130339273 | METHOD AND SYSTEM FOR ADDING LIQUIDITY TO ALTERNATIVE INVESTMENT TRANSACTIONS - The invention provides a method and system for providing liquidity to an alternative investment fund. The transaction system includes a plurality of fund investors; an alternative investment fund in which the fund investors commit to the investment of “alternative investment funds,” the alternative investment fund managed by a fund manager; a structure operated in conjunction with the alternative investment fund, the structure managed by a structure manager; and a plurality of structure investors, the structure investors investing structure funds into the structure. The structure provides at least one fund investor with an option to designate cash distributions of the alternative investment fund, which are made available to the at least one fund investor, to the structure. In the system the at least one fund investor obtains a liquidation of alternative investment funds upon the designation of the cash distributions of the alternative investment fund. | 12-19-2013 |
| 20130339274 | Computer-Implemented Method and Apparatus for Adjusting the Cost Basis of a Security - A computer-implemented method and apparatus for determining a cost basis associated with a plurality of shares of a security. In response to information identifying an issuer, the purchase date and the sale date, a list of capital events that occurred in connection with the security between the purchase date and the sale date is retrieved from a database. One or more shares held adjustment ratios are then retrieved from a database. Each of the shares held adjustment ratios corresponds to one of the capital events that occurred in connection with the security between the purchase date and the sale date. A current cost basis associated with the security may then be determined in accordance with the one or more cost adjustment ratios and the purchase price per share of the security. | 12-19-2013 |
| 20130346340 | Method of Managing Financial Instruments Equipment Lease Derivatives and Other Collateral Instruments Data Architecture Application and Process Program - A computer-implemented process and methodology that selects collateral instruments such as equipment leases, using mathematical models, based on selection criteria, risk-reward relationships, and maturity needs resulting in the creation of new financial instrument derivatives. These new derivatives allow for creation of secured private equity, public equity, mutual funds and venture capital funds where the investors' principal is safeguarded against loss regardless of the performance of the investments being made. A two-tier investment structure is created whereby the principal amounts from the fund are invested in specially identified high yield vehicles such as residual equipment leases with high yields over certain maturities. The high yield cash flow only is then invested in higher risk investments such as venture capital start-ups companies. | 12-26-2013 |
| 20130346341 | SYSTEM AND METHOD FOR ADMINISTERING INVESTMENT FUNDS - A computer system for administering investment funds holding shares of funds includes a processor and a memory storage device in communication with the processor. The processor is adapted to access from the memory storage device data indicative of allocation targets for allocating invested funds among two or more funds in two or more investment categories; receive data indicative of current holdings of shares, subscriptions and redemptions, and including security values, prices and fund value data; calculate the current allocations among investment categories and determine any differences between the current allocations and the allocation targets; allocate cash from the subscriptions to funds having allocations below their target allocations, commencing with a fund ranked at a greatest level below its target allocation; and allocate the cash to be withdrawn via redemptions to funds having allocations above their target allocations, commencing with a fund ranked at a greatest level above its target allocation. | 12-26-2013 |
| 20130346342 | INVESTOR RELATIONS SYSTEMS AND METHODS - Techniques to automate the management of investor relations are disclosed herein. A vertical domain query language is introduced, specifically for investor relations. Graphical query builder tools to create queries in the vertical domain query language are described. Reports specific to investor relations, in particular reports to assess the efficacy of investor relations activities, are also described. Investor relations client applications that make use of user state, such as identity, date time stamp and geolocation are described. | 12-26-2013 |
| 20130346343 | Method of Strategy Selection for Investment Portfolios - A method for attaining a financial goal. Using a computer, an individual makes decisions that include whether or not to engage a skilled investor to select an investment mix of asset classes; to then produce a starting investment portfolio by populating the selected investment mix with appropriate assets; and to monitor and adjusting the investment portfolio over time. These determine a path along a decision tree. A computer may then determine the likelihood of meeting the financial goal. The investment mix of asset classes may be determined using computer-generated tables of rolling average, historic returns. The computer may also cross-check an estimated return of the selected mix to ensure that a needed return may be attained. An investment portfolio is then created by populating the asset classes with appropriate assets. The investment portfolio may be monitored and periodically readjusted back to the original mix of asset classes. | 12-26-2013 |
| 20130346344 | SYSTEM AND METHOD FOR SELLING REAL ASSET IN ASSOCIATION WITH FINANCIAL PRODUCT - Provided is a system for selling a real asset in association with a financial product. An automobile sales server determines investment money as a purchase price of a new car to be purchased by a customer, determines a loss ratio of the investment money based on a value of a junk car to be delivered by the customer, and transmits the determined investment money and the loss ratio along with customer information to a fund subscription server. The fund is redeemed when a loss of the investment money of the customer exceeds a corresponding loss ratio or a predetermined fund operation period is elapsed and a redemption result of the fund is notified to the automobile sales server. | 12-26-2013 |
| 20140006311 | Regional Equity Index | 01-02-2014 |
| 20140006312 | SYSTEM AND METHOD FOR AGGREGATING BANK AND CORPORATE CALENDARS | 01-02-2014 |
| 20140006313 | STOCK RANKING PREDICTIONS BASED ON NEIGHBORHOOD MODEL | 01-02-2014 |
| 20140012776 | COMPUTER IMPLEMENTED RISK MANAGED TREND INDICES - The present invention provides for computer based systems and program controlled methods for reducing investors' exposure to the variability of an asset class's short-term volatility using rules-based long-only investments in various asset classes in which portfolio weights are dynamically rebalanced on a regular basis to a desired target volatility. This is achieved by constructing an index that represents a portfolio of liquid futures contracts, rebalanced as often as daily with the objective of maintaining the portfolio's volatility at a given level, typically the long-term average risk of that asset class. The index therefore is expected to exhibit relatively stable risk at all times when compared to the asset class's risk levels including during periods of high market volatility. | 01-09-2014 |
| 20140012777 | SYSTEM AND METHOD FOR VOLATILITY-BASED CHARACTERIZATION OF SECURITIES - A volatility-based securities index framework solves problems with the prior art. By recognizing that investors share the rational goal of earning the highest level of return for any level or risk, a volatility-based index provides investors with information about the most distinct choices in risk. Compared to known approaches, a volatility-based index framework partitions a securities market into much more differentiated segments which in turn provide much more distinct investment choices. Further, within each volatility segment, constituent members are more homogeneous facilitating a clearer understanding of each group's relative attractiveness. At an asset allocation level, improved risk choices expand opportunities to convert poorly compensated high risk investments into more attractive investments elsewhere. The persistence of volatility maintains style distinctions effectively over time, offering significant protection to tax exposed investors. | 01-09-2014 |
| 20140012778 | SYSTEM AND METHOD FOR DETERMINING THE LIQUIDITY OF A CREDIT - The present invention relates to a credit index, a system and method for structuring a credit index, a system and method for operating a credit index, and a system and method for determining the liquidity of a credit. | 01-09-2014 |
| 20140012779 | COMMUNICATION AND PROCESSING SYSTEM FOR DERIVATIVE - A method of facilitating trades of mismatch swaps including receiving trade data characterization a plurality of swap trades. Mismatches in at least two of the swap trades are identified and the mismatches are communicated to a plurality of traders. Offsetting mismatches may be identified and communicated to the plurality of traders also. The method may also include receiving offsetting mismatch trade requests from traders and communicating the offsetting mismatch trade requests to a clearinghouse. Identifying the offsetting mismatches may include determining a date gap between standard tenor instruments. And, the method may include determining whether the date gap is within a range of dates selected by a trader. The date gap will likely, in this instance, not be a benchmark tenor. | 01-09-2014 |
| 20140012780 | Systems and Methods for Equity Crowd Funding - A method of recommending a business for investment receives information about an investor from a crowd funding source. The method creates a group of investor data from the information about the investor. The group of investor data corresponds to a profile of the investor. The method also receives information about a plurality of businesses and creates groups of business data from the information about the plurality of businesses. Further, the method determines a plurality of relationship values. The relationship values are based on the group of investor data and the groups of business data. Each relationship value corresponds to a relationship between the investor and a unique business. The method selects a business for an investment recommendation based on the relationship value between the investor and the business. | 01-09-2014 |
| 20140012781 | METHOD OF RE-DISTRIBUTING AND REALIZING WEALTH BASED ON VALUE OF INTANGIBLE ASSETS OR OTHER ASSETS - Methods of re-distributing and realizing wealth based on the value of intangible, tangible or other assets are described. For example, one or more intangible assets, including but not limited to the company's established goodwill, may be sold to a purchaser corporation in exchange for an issuance of shares in the purchaser corporation's capital stock. Rights in the intangible assets may then be leased back to the seller company on terms that provide for the payment of periodic rent to the purchaser corporation. With the seller company's intangible assets having been converted at least partially into tangible, recordable investment property, the purchaser corporation may extend a credit facility to the seller company secured by the acquired shares in the corporation's issued capital stock. Loan advances drawn on the credit facility may then be taken by the seller company from time to time so as to generate positive real cash flows to the seller company. | 01-09-2014 |
| 20140012782 | METHOD OF RE-DISTRIBUTING AND REALIZING WEALTH BASED ON VALUE OF INTANGIBLE ASSETS OR OTHER ASSETS - Methods of re-distributing and realizing wealth based on the value of intangible, tangible or other assets are described. For example, one or more intangible assets, including but not limited to the company's established goodwill, may be sold to a purchaser corporation in exchange for an issuance of shares in the purchaser corporation's capital stock. Rights in the intangible assets may then be leased back to the seller company on terms that provide for the payment of periodic rent to the purchaser corporation. With the seller company's intangible assets having been converted at least partially into tangible, recordable investment property, the purchaser corporation may extend a credit facility to the seller company secured by the acquired shares in the corporation's issued capital stock. Loan advances drawn on the credit facility may then be taken by the seller company from time to time so as to generate positive real cash flows to the seller company. | 01-09-2014 |
| 20140012783 | Computer-Implemented Method and Apparatus for Adjusting the Cost Basis of a Security - A computer-implemented method and apparatus for determining a cost basis associated with a plurality of shares of a security. In response to information identifying an issuer, the purchase date and the sale date, a list of capital events that occurred in connection with the security between the purchase date and the sale date is retrieved from a database. One or more shares held adjustment ratios are then retrieved from a database. Each of the shares held adjustment ratios corresponds to one of the capital events that occurred in connection with the security between the purchase date and the sale date. A current cost basis associated with the security may then be determined in accordance with the one or more cost adjustment ratios and the purchase price per share of the security. | 01-09-2014 |
| 20140019380 | ASSET ALLOCATION BASED SYSTEM FOR INDIVIDUAL INVESTOR PORTFOLIO SELECTION - A system for allocation asset based portfolio investment and management provides model portfolios which are selected by correlation to investor's responses to a questionnaire concerning time frames and risk tolerance. Recommended model portfolios are presented to investors by asset allocation class percentages only, without identification of any specific securities of fund holdings of the portfolio and without enabling the participating investor to choose or delete specific assets for inclusion in the recommended portfolio. The system enables the investor only to alter the asset allocation. The model portfolios are professionally overseen and managed for compliance with projected returns and conformance to the assigned asset class. The system can be executed on paper or in the form of computer software run locally or on a network. | 01-16-2014 |
| 20140019381 | Pension Fund Systems - Computer systems, software, and methods of estimating a capital reserve requirement to cover the longevity risk exposure of a financial instrument in the case of a future longevity shock, the financial instrument undertaking to pay to an investor sums according to a payment schedule of amounts arranged to match with the future cash flow obligations of a pension scheme to at least a portion of its members. | 01-16-2014 |
| 20140019382 | Means by which to exercise fiduciary duty in transacting business via a self-selection process - A process by which a psychometric test is embedded within the sequence of steps for completing an e-commerce transaction, determining knowledge of and competency regarding the product or service offering, using performance scores from a psychometric testing instrument to determine whether individual or group self-selectors understand the risks of their e-commerce choices. The purpose of inserting the psychometric test as a condition for limiting, expanding, restricting, or recommending a certain array of choices is to appropriately exercise fiduciary oversight and, in so doing, reduce or eliminate fiduciary and/or other forms of liability for the vendor, provider, distributor or other party offering products, services, and/or access to content or any other form of digital media. As an individual's score increases on the test, a larger array of choices become available allowing greater opportunity for e-commerce product, service or advise customization. This screening process benefits the individual or group engaging in self-selection by limiting choices where risks are not properly understood. Additionally, the use of the test as a screener to curtail unsuitable choices affords providers and other parties a mechanism to demonstrate that they have properly exercised their fiduciary or other duties when offering e-commerce self-selection. | 01-16-2014 |
| 20140019383 | Means by which to examine and clarify responsibilities between counter parties in a fiduciary relationship - A process by which to examine and clarify responsibilities between counter-parties in a fiduciary, contractual or other relationship which entails legal responsibilities, obligations and potential liabilities by determining knowledge of and competency regarding the nature of the relationship using performance scores from a psychometric testing instrument to determine whether individuals or groups understand said relationship. | 01-16-2014 |
| 20140025603 | Funding Acquisition of University and Non-Profit Patent Portfolios - A method for funding IP procurement for non-profits such as universities and other non-profits that conduct research, includes providing a fund to hold interests in intellectual properties of a non-profit organization, receiving investments from investors to add to the fund to fund acquisition of intellectual properties of the non-profit, by machine, storing information regarding the investments, intellectual properties, and the investors into a database and distributing shares in the fund according to the value of investments made in the fund. | 01-23-2014 |
| 20140025604 | SYSTEM AND METHOD FOR MANAGING DERIVATIVE INSTRUMENTS - The present invention is a system and method for providing improved functionality for management of derivative instruments. The improved system includes functionality implementing a margin requirement determination function to allow optimization of a portfolio based on impacts to the collateral a user is required to provide for the positions in the swap portfolio. | 01-23-2014 |
| 20140025605 | DATABASE FOR RISK DATA PROCESSING - A database system for risk data processing is disclosed. The database system includes a database storage configured to store a group of data items stored in a first portion of the database and one or more benchmark sets of data items stored in a second portion of the database storage. The system further includes a database interface configured to provide access to the database storage. The system also includes a processor configured to perform risk data processing. | 01-23-2014 |
| 20140032442 | METHOD AND SYSTEM FOR CREATING AN ISSUANCE BASED SECURITIES INDEX - A method and system to create an issuance based securities index for a period i is provided for constructing a transparent and cost-efficient securities index. The method and system to create an issuance based securities index considers historical issuance notional and historical issuance distance for each security to be used for index construction purposes so as to determine the expected allocation weight as well as index allocation for each respective security. The method and system to construct an issuance based securities index further only considers securities for inclusion within the issuance based securities index at their time of issuance. The method and system to create an issuance based securities index is performed via a number of steps by deriving issuance cycle, notional weight, expected allocation cycle, allocation weight and index allocation. These values are applied into a statistical formula to calculate the index value of the issuance based securities index. | 01-30-2014 |
| 20140032443 | Guaranty Fund Apportionment in Default Auctions - A method apportions guaranty fund contributions into tranches in connection with an auction directed to transferring open positions in a set of markets, such as positions in interest rate swap contracts. Bids for the open positions from non-default market participants are received, and position data indicative of respective positions of non-default market participants is analyzed to determine a risk assessment proportion for each market of the non-default market participant. A quality factor is determined for each bid based on an offset between the bid and a winning bid in the auction for each open position. For each market and for each non-default market participant, a portion of the guaranty fund contribution of the non-default market participant is allocated to one of the tranches based on the quality factor for the market, the portion being defined in accordance with the risk assessment proportion for the market. | 01-30-2014 |
| 20140032444 | SYSTEM AND METHOD FOR AIDING DESIGN OF DEFINED CONTRIBUTION PLANS - A method is disclosed including receiving data relating to the determination of an optimal plan design, and storing the received data in memory on at least one computer; formulating, as optimization questions, a plurality of questions related to determination of an optimal plan design; storing the optimization questions in memory on at least one computer; delivering the optimization questions to a plurality of respondents; receiving, as optimization responses, responses to the optimization questions; creating, as optimization rules, a plurality of rules for using received data and optimization responses to determine an optimized plan design; storing the optimization rules in memory in at least one computer, and performing in a computer an optimization process that applies the optimization rules to the received data and optimization responses in order to determine an optimized plan design. | 01-30-2014 |
| 20140032445 | METHODS, SYSTEMS, AND COMPUTER READABLE MEDIA FOR DETERMINING AND PRESENTING OPTIMUM SOCIAL SECURITY RETIREMENT BENEFITS FILING STRATEGIES - A method for determining and presenting optimum social security benefits strategies received includes receiving input regarding at least one social security retirement benefits participant's age and full retirement age benefit amount. The method includes calculating, for each of a plurality of filing strategies and based on the inputs and the life expectancy of the at least one social security retirement benefits participant, a monetary value of social security benefits for a plurality of different benefits start ages of the participant and outputting indication of the relative monetary benefits for the different benefits start ages. | 01-30-2014 |
| 20140040163 | System and Method for Managing Derivative Instruments - The present invention is a system and method for providing improved functionality for management of derivative instruments. The improved system includes functionality implementing single interest rate sale sessions initiated either as a result of market conditions or a user request, risk adjustment sales to allow users to balance portfolio risks, consolidated sweeps to more efficiently allow a user to manage an investment swap portfolio, and credit limit clearance functionality to improve the management of credit limits associated with users and clearance facilities. | 02-06-2014 |
| 20140040164 | Methods and Systems for Creating a Government Bond Volatility Index and Trading Derivative Products Based Thereon - A computer system for calculating a government bond volatility index comprising memory configured to store at least one program; and at least one processor communicatively coupled to the memory, in which the at least one program, when executed by the at least one processor, causes the at least one processor to receive data regarding options on government bond derivatives; calculate, using the data regarding options on government bond derivatives, the government bond volatility index; and transmit data regarding the government bond volatility index. | 02-06-2014 |
| 20140046871 | Longevity Retirement Protection Fund System And Method - A system and method for facilitating the provisions of a longevity retirement protection fund that provides payments to fund participants based upon the participants' contributions to the fund, the projected longevity of the participants, and the investment performance of the fund. The periodic redemption amounts are based upon the amount the participant invests, upon the particular participant's projected longevity, and upon the fund's investment and longevity performance. Each participant is accordingly assured of receiving the periodic redemption amounts for the balance of the participant's life, subject to the investment and longevity experience of the fund, thereby making the longevity retirement protection fund a self-insured socializing of the longevity and mortality experiences among all of the fund members. | 02-13-2014 |
| 20140046872 | METHOD OF COMBINING DEMOGRAPHY, MONETARY POLICY METRICS, AND FISCAL POLICY METRICS FOR SECURITY SELECTION, WEIGHTING AND ASSET ALLOCATION - A system, method and computer program product may combine metrics, and may use metrics to select or weight an index, select or weight a portfolio of financial objects, or be used to perform asset allocation. Financial and non-financial metrics may be used. Metrics based on accounting data, or other non-price metrics such as, e.g., demography, monetary policy metrics, and/or fiscal policy metrics, may be used. A combination of metrics may be used. Indexes may be built with combinations of metrics other than market capitalization weighting, price weighting or equal weighting. Once built, an index may be used as a basis to purchase securities for a portfolio. Specifically excluded are widely-used capitalization-weighted and price-weighted indexes, in which price of a security contributes in a substantial way to calculation of weight of that security in the index or the portfolio, and equal weighting weighted indexes. Indexes may be constructed to minimize volatility. | 02-13-2014 |
| 20140052665 | SYSTEM AND METHOD FOR MANAGING HEDGING OF LONGEVITY RISK - A computer implemented method and system are provided for implementing a longevity bond management system for managing hedging of longevity of beneficiaries. The method may include issuing, through a special purpose vehicle, using computer processing components, a longevity bond having returns following a longevity index defined for a reference population of a pre-selected cohort of beneficiaries. The method may additionally include receiving from investors a payment amount for investment in the longevity bond, investing the payment amount in a collateral pool held by a custodian, and receiving cash flows from the investment in the collateral pool. The method may further include entering into a swap to exchange the cash flows from the investment for an amount equal to the difference between an actual and best-estimate longevity index amount and calculating, using computer processing components, based on the longevity index, a periodic payment to the investors based on the longevity performance of the pre-selected cohort of beneficiaries, such that the periodic payment increases when longevity exceeds expectations and decreases when longevity falls short of expectations. | 02-20-2014 |
| 20140052666 | SYSTEMS AND METHODS USING REAL ESTATE INVESTMENT ANALYTICS AND HEAT MAPPING - Systems and methods using real estate investment analytics and heat mapping are provided herein. Method may include obtaining active multiple listing service (MLS) records from an MLS system that are within the target location, placing the active MLS records in a ranked list organized from a lowest price to a highest price, locating a most expensive sold property from previous MLS records, within the target location, and calculating a potential profit spread for each of the active MLS records in the ranked list in comparison with the most expensive sold property. | 02-20-2014 |
| 20140052667 | SYSTEM AND METHOD FOR PATENT PORTFOLIO MANAGEMENT - Systems and method for patent portfolio management are described. In some example embodiments, a patent matter database that includes data pertaining to a patent matter is maintained. The data includes a docket activity description for a docket activity pertaining to the patent matter and a docket date that indicates a due date for the docket activity. An analysis on the data is performed based on applying a docketing rule to the data. The docketing rule specifies a condition when the docket date is a critical date. A determination is made that the docket date is the critical date based on the condition being satisfied in the data. The data is tagged to indicate that the docket date is the critical date. | 02-20-2014 |
| 20140052668 | System and Method for Crowdfunded Investment Clearance and Compliance - Using an intermediary system, a method of providing entrepreneurs with crowdfunding capital that maintains appropriate monitoring controls, expedites document handling, and efficiently transfers funs between participating parties. | 02-20-2014 |
| 20140052669 | Method and System Balancing Net Savings, Resources and Claims Into Retirement - The present disclosure relates to household portfolio simulation and analysis to provide retirement income. In particular, it discloses advanced technologies for modeling, simulation and analysis of potential economic futures, as applied to household retirement prospects. Improved modeling may capture factors such as concrete objectives of participants' priorities among objectives, risk adversity and starting conditions that impact tax consequences of transactions. Improved modeling may address consistency among similar factors, tax consequences in simulation periods and transactions in real estate and private investments. Improved analyses may apply a margin of safety and/or risk budget analysis to a household portfolio to produce a meaningful presentation. | 02-20-2014 |
| 20140052670 | PENSION FUND SYSTEMS - There is provided a computer-implemented method of projecting the future cash flows of a pension scheme, comprising: receiving data representative of the members of the pension scheme; receiving data representative of a mortality assumption; calculating, using data processing apparatus, for each pension scheme member, a projection of the future cash flow liabilities of the pension scheme to that member on the basis of the pension scheme member data and by applying the mortality assumption data to the pension scheme member data; and generating, using data processing apparatus, data representative of a projected liability cash flow of the pension scheme to all of its members by aggregating the liabilities to each member. | 02-20-2014 |
| 20140052671 | ONLINE MARKETPLACE SYSTEM AND METHOD - A computerized online marketplace that facilitates the acquisition of funding and services for the development and operation of an online business. It provides a variety of investment opportunities for investors and facilitates an entrepreneur's acquisition of capital as well as skills and services needed to start an online business. Possible investment channels for potential investors comprise: money; skills; and services. Investors are awarded investment points for monetary and non-monetary investments and are compensated according to their points. Monetary compensation is awarded periodically to investors according to their rank in relation to the respective investor base of a given business entity. Businesses are hosted at the online marketplace and all aspects of investment and operations are managed through the marketplace thereby facilitating interactions between all parties involved in business initiation, development and operation, including customers. | 02-20-2014 |
| 20140058974 | METHOD FOR EVALUATING CONSENSUS CREDIT SPREAD - A financial metric application running on a computational device has a client registration module, a market factor measure collection module, a synthesis module and a reporting module. A plurality of pre-qualified financial professionals submit to the financial metric application collection module market factor measures which they believe contribute to a fixed income financial instrument metric, and the synthesis module comprising the application operates to evaluate the metric against each of the submitted market factor measures to determine the contribution each measure makes to the financial metric. | 02-27-2014 |
| 20140058975 | DYNAMIC COMMODITY INDEX METHODOLOGY - A rules-based commodity index methodology which is based on the performance of a fully margined or collateralized portfolio of 14 futures contracts with equal weights from six commodity sectors: energy, precious metals, industrial metals, grains, softs and livestock. | 02-27-2014 |
| 20140058976 | COMPUTERIZED SALES TOOL FOR VISUALIZING THE IMPACT OF SELECTIVE FINANCIAL PRODUCTS ON RETIREMENT PLANNING - A computerized financial product sales system is disclosed. The system includes a customer profile calibration module, a product selection module, and a visualization module. The customer profile calibration module may be configured to allow selection of one or more customer parameters. The product selection module may be configured to allow selection of a financial product. The visualization module may be configured to graphically display an impact of the selected financial product on one or more of the selected customer parameters based on actual historical data over a specified time period. | 02-27-2014 |
| 20140058977 | Method, System, and Computer Program Product for Evaluating Securities Value - A computer-implemented method, system and computer program product for evaluating securities investment value, through using accounting based data to generate value factors and evaluation factors of at least one financial object, and then an expected price of the financial object in the last year of a plurality of predication years may be generated. A requested return rate may be selected, and then a fair value of the financial object may be generated. A fair ratio of the financial object may be determined and an expected return rate may be generated. Once the fair value or the expected return rate is obtained, it may be used as a basis to evaluate the investment value of the financial object. The value ratio or the expected return rate may be used as a basis to compare the relative investment value among financial objects in the plurality of securities. | 02-27-2014 |
| 20140058978 | FACILITATING GROWTH INVESTMENT DECISIONS - A technique for performing securable market analysis involves establishing an empirically-derived structure and evaluating market size using analytical techniques within that structure. Inputs to a system that incorporates the technique can include a functional job and related emotional and consumption jobs, if any; importance levels; satisfaction levels; job executors; and willingness-to-pay. | 02-27-2014 |
| 20140058979 | METHOD AND SYSTEM FOR SELECTING SECURITIES FOR AN INVESTMENT PORTFOLIO - Methods and systems for selecting and weighting securities for an actively managed exchange-traded fund. An initial selection of stocks includes domestic or international stocks, which are selected based at least in part on market capitalization. Each stock is scored using a plurality of growth and value factors to generate one or more growth scores and one or more value scores. A selection score is determined for each stock, and the stocks are ranked according to selection scores. A predetermined amount of stocks are eliminated from the stock portfolio based on selection score ranking, and the remaining stocks are split into a plurality of sub-groups. A stock portfolio is generated by weighting the remaining stocks according to the sub-groups they are in, with each stock being equally weighted within its sub-group. An exchange-traded fund is offered to consumers based on the stock portfolio. | 02-27-2014 |
| 20140067711 | Liquidity Charge Determination - A liquidity charge may be determined and added to a performance bond value for a portfolio. The resulting sum may then represent an augmented performance bond value that compensates for expected liquidation cost associated with the portfolio. Liquidation charge data may be stored for each of multiple portfolio types. For each of those portfolio types, the stored data may define possible input values for a pre-augmentation performance bond and liquidity charges based on any of the possible input values. That data may then be used to determine a liquidity charge based on the pre-augmentation performance bond value. | 03-06-2014 |
| 20140067712 | Financial Goal Management - A financial goal management system for managing client financial goals is provided. The financial goal management system receives financial goal information indicative of a financial goal and account information indicative of an account associated with the financial goal. The financial goal management system determines savings recommendation information indicative of a recommended savings value based on the financial goal information and the account information. Subsequently, the financial goal management system determines progress-to-goal information based on the financial goal information, the account information, and the savings recommendation information. In some arrangements, the financial goal management system may further determine action step information indicative of action steps to be performed while progressing towards completion of the financial goal. | 03-06-2014 |
| 20140067713 | SYSTEMS AND METHODS FOR MANAGING INVESTMENTS - The methods and systems described herein can identify meaningful relationships between actual positions within a portfolio of investments, as well as relationships to externalities. Based on the understanding that relationships between positions are not fixed over periods of time but can vary depending on recent external events, the methods and systems described herein can achieve a portfolio of investments that are least related to other investments within the portfolio (e.g., a diverse portfolio) and, if desired, least related to the overall market (e.g., a market neutral portfolio). The methods and systems described herein can filter performance data to evaluate and manage risk across a dynamic portfolio that includes numerous primary instruments and hedge instruments. The methods and systems described herein can also provide a diagnostic tool to monitor both risk and diversification (including relationships) by determining the actual amount of profit and loss and a diversity score for each investment. | 03-06-2014 |
| 20140067714 | METHODS AND APPARATUS FOR PERFORMING AN ANALYSIS OF SUSTAINABILITY OF A RETIREMENT INVESTMENT PORTFOLIO - Described herein are methods and apparatus for performing an interactive, computer-implemented analysis of the sustainability of an investment portfolio to support a retirement income need for a client. In certain embodiments, the technology determines an optimum allocation of an investment portfolio in accordance with client goals, conveys a measure of the sustainability of the investment portfolio to provide sufficient income over the length of the client's retirement, allows adjustment of the portfolio by the client, determines a revised measure of sustainability, and provides information about the potential financial legacy that will be left to the client's heirs. | 03-06-2014 |
| 20140067715 | METHOD FOR DEFINED CONTRIBUTION DEFAULT BENCHMARK - A method for generating an integrated family of benchmarks representing portfolio allocations for a participant is described. At least two assets for a portfolio are identified. A current market rate for at least one of the assets and a break-even inflation rate for a predetermined time period are determined via a computing device. The computing device determines a portfolio allocation to each asset based on the current market rate and the break-even inflation for obtaining inflation-protected income for a predetermined number of years and then non-inflation protected income for subsequent years. The identified assets and the portfolio allocations are published via a network. | 03-06-2014 |
| 20140067716 | SYSTEMS AND METHODS FOR MEASURING RELATIONSHIPS BETWEEN INVESTMENTS AND OTHER VARIABLES - The systems and methods described herein can identify meaningful relationships between variables, such as particular investments or general asset classes. Unlike conventional correlation analysis, these systems and methods provide an improved technique of comovement analysis that implements a threshold to eliminate data “noise” and then discretizes the remaining observations to normalize any outliers. Such comovement analysis has numerous advantages over known techniques for characterizing relationships between variables. In some embodiments, this improved comovement analysis can be used to calculate a covariance matrix for purposes of mean-variance optimized portfolio construction. | 03-06-2014 |
| 20140067717 | METHODS AND SYSTEMS FOR IDENTIFYING OVERVALUED, UNDERVALUED, AND CORRECTLY VALUED FINANCIAL RETURNS - Methods and systems for identifying and reporting an index of overvaluation and undervaluation of a financial instrument due to behavioral bias of traders, including but not limited to stocks, bonds, mutual funds, and options by producing a fundamental valuation index that equals zero when the actual returns equal the fundamental economic returns of the instrument as predicted by the model, and that does not equal zero when the returns are overvalued or undervalued, to enable an investor to formulate optimal investment strategies. | 03-06-2014 |
| 20140067718 | Trading Exposure Management System and Method - Aspects of the present invention are directed to a computer-implemented trading exposure management method and system for centrally managing trading exposures within an industry. The method may include receiving a client request for additional exposure capacity above a predetermined client exposure limit with respect to a particular counterparty and selecting a third party with available exposure capacity with respect to the particular counterparty. The method may additionally include transferring at least a portion of the selected third party's available exposure capacity with respect to the particular counterparty to the client. | 03-06-2014 |
| 20140067719 | LIFETIME FINANCIAL PRODUCT - A system and method that offers a simple product solution for managing financial risks in retirement is provided. The product solution combines a uniquely structured deposit product (e.g., certificate of deposit (CD)) together with an insurance policy (e.g., group longevity insurance policy) to guarantee a lifetime stream of income to a customer. | 03-06-2014 |
| 20140067720 | SYSTEMS AND METHODS FOR DETERMINING AN EARNINGS PORTION OF A DISTRIBUTION FROM A 529 PLAN - A method for determining an earnings portion of a distribution from a 529 plan. The method includes receiving information associated with a plurality of 529 plan accounts, identifying related 529 plan accounts, aggregating the information for related 529 plan accounts, and determining an earnings portion of a distribution from at least one of the 529 plan accounts. | 03-06-2014 |
| 20140067721 | SCANNING BASED SPREADS USING A HEDGE RATIO NON-LINEAR OPTIMIZATION MODEL - The disclosed embodiments utilize hedge ratios to determine the optimal hedge ratio and associated scanning spread. This tells traders what ratios of the quantities of products they should have in their portfolio in order to maintain the status of the portfolios as delta neutral, i.e. be delta hedged, and receive optimal margin credits therefore. | 03-06-2014 |
| 20140074751 | SYSTEM AND METHOD FOR CALCULATING FUTURE VALUE - A system and method for calculating, across one or more objects or portfolios, a probability distribution of values of a first parameter for one or more values of a second parameter (e.g., time). Probability distributions are assigned to each object at two or more different values of the second parameter. Each probability distribution defines a first parameter value distribution for that object at that particular value of the second parameter. Probability distributions of the first parameter across two or more objects or across a portfolio are calculated over changing values of the second parameter as a function of the probability distributions assigned to each object involved. | 03-13-2014 |
| 20140074752 | Commerce System and Method of Providing Access to an Investment Signal Based on Product Information - A commerce system has retailers offering products for sale to consumers. Product information associated with a plurality of products is collected. The product information includes a sale price for the products, an estimated cost to a retailer for the products and an estimated demand for the products. The product information is stored in a database. An investment signal is identified based on the product information. An investment signal alert is provided to notify investors about the investment signal. A future value of investing in the retailer is forecasted based on the investment signal. Future profitability of the retailer is estimated based on the investment signal. A value for the investment signal is estimated. A bid for access to the investment signal is accepted including an offer to share a portion of an investment trade. Investment decisions within the commerce system are controlled by providing access to the investment signal. | 03-13-2014 |
| 20140074753 | ADJUSTMENT TOOL FOR MANAGING AND TRACKING A COLLECTION OF ASSETS - Disclosed herein is an adjustment tool for managing a collection of assets and a method of customizing established percentages of segments that constitute a collection of assets. In one embodiment, the adjustment tool includes: (1) an interface configured to receive manipulation data associated with at least one of multiple segments that form the collection, wherein the multiple segments constitute the collection according to established percentages; and (2) a decision engine configured to generate a modified percentage of the at least one of the multiple segments based on the manipulation data, wherein the modified percentage differs from an established percentage of the at least one. | 03-13-2014 |
| 20140074754 | Method of Identifying Relative Strength of Mutual Funds - Methods are provided for identifying the relative strength of mutual funds for strengthening an investment portfolio. The methods employ a strategies to rank mutual funds obtained from a database including data regarding a plurality of mutual funds of a predetermined universe of mutual funds. The mutual fund database includes for each of the plurality of mutual funds, factors comprising percent return, ulcer index, standard deviation, and relative strength index. The mutual funds can be ranked by at least two of the factors. A composite rank can be calculated for each mutual fund, and a list of mutual funds, sorted by relative strength, can be compiled. | 03-13-2014 |
| 20140074755 | SYSTEM AND METHOD FOR PROCESSING INVESTMENT TRANSACTIONS - A method for processing investment transactions includes receiving investor information regarding each of a plurality of investors. The investor information may include, an identity, a minimum investment per unique investment and a minimum number of required unique investments. Each of the plurality of investors may be signatory to a respective general partnership agreement that share a common general partner. Some of the investor information may be derived from the terms of the general partnership agreement. The method may also include notifying the plurality of investors of a future unique investment opportunity. In accordance with a particular embodiment, for each particular investor of the plurality of investors, it is determined whether the particular investor will participate in the future unique investment. | 03-13-2014 |
| 20140074756 | System And Method For Facilitating Unified Trading And Control For A Sponsoring Organization's Money Management Process - An embodiment of the present invention provides a system, method, process, software and standards that enable a unified trading and control process utilized by sponsoring organizations and asset managers (money managers) for sub advised or externally managed investment portfolios as to increase control over the trading process by a sponsoring organization, enhance regulatory compliance, substantially lower trading costs and improve investment performance on a recurring basis for the shareholders and beneficiaries investing in registered and non registered mutual funds and institutional investment portfolios. | 03-13-2014 |
| 20140081888 | Methods And Systems For Constructing Risk Parity Portfolios - A method and system for constructing risk parity portfolios wherein the overall portfolio risk is diversified by allocating the risk equally or substantially equally across various portfolio components. The system receives a selection of investments assets, covariance matrix of the assets, and constraints including bounds on the weights of the investment assets. The system optimizes a mathematical formulation that is constrained by the bounds on the weights of the investment assets to generate a solution that is used for constructing a risk parity portfolio having optimal asset allocations that result in a balanced risk contribution. | 03-20-2014 |
| 20140081889 | Purifying Portfolios Using Orthogonal Non-Target Factor Constraints - The quantitative construction of investment portfolios of securities such as stocks, bonds, or the like using optimization is addressed. More specifically, during optimization constraints on non-target factor exposures are automatically converted to constraints on the exposure of the projections of the non-target factors that are orthogonal to a specified target factor. Such constraints may be utilized to produce portfolios with superior performance to those produced with traditional factor exposure constraints. | 03-20-2014 |
| 20140089226 | METHOD AND SYSTEM FOR CREATION OF AN INTEREST ONLY STRIPS INDEX - A method A computer-implemented method of creating an SBA 7(a) index of interest only strip pools comprising: (1) forming one or more candidate pools based on specific characteristics of SBA 7(a) interest only pools; (2) determining one or more selection criteria for including one or more candidate pools in an index; (3) comparing the one or more candidate pools to the selection criteria; (4) and if the criteria is met, then (5) weighting the pool and (6) storing said pool in the index. | 03-27-2014 |
| 20140089227 | Method For Structuring An Obligation - A method for structuring an obligation. More particularly, a method for structuring an interest-bearing obligation which is convertible into stock. | 03-27-2014 |
| 20140089228 | Investment Management System - An investment management system includes aspects of a points based social network. The system assigns point values, badges, levels and statuses to investors. The system permits investors to create investment proposals for a particular investment target company, including an amount of money and other terms. The system can group compatible investment proposals together so that they can be presented to the target as a single, larger proposal. The system can permit target companies to see what investment offers are available on a given set of terms, and permit the target companies to alter proposed terms and see the effect such an alteration has on available investment offers. | 03-27-2014 |
| 20140089229 | Method of Administering an Investment Fund - A method of administering an investment fund using a computer. The method includes the steps of creating shares for sale, providing a managed distribution schedule identifying a number of payments to be provided during each of consecutive periods, providing an investment strategy for investing in assets to provide funds sufficient to meet the managed distribution schedule, issuing a share to an investor in exchange for funds received from the investor, investing the received funds according to the investment strategy, calculating the value of each of the payments to be provided according to the managed distribution schedule in a period to the investor, and providing each of the payments to the investor during the period. Mutiple embodiments relate to methods for calculation and sourcing of each payment. | 03-27-2014 |
| 20140089230 | Mutual Fund with Reduced Fee Share Class and Method of Managing the Same - A method of administering a mutual fund includes establishing a mutual fund having a plurality of share classes and charging each share class fund-level fees according to a fee rate applicable thereto. One or more share classes are then relieved of at least a portion of their respective fund-level fees, for example by reimbursing some or all of the fund-level fees paid; waiving payment of some or all of the fund-level fees in the first instance; and/or setting expense limits on the fund-level fees payable by the share classes. | 03-27-2014 |
| 20140095409 | WEB PLATFORM WITH CUSTOMIZED AGENTS FOR AUTOMATED INVESTMENT MANAGEMENT SERVICES - A web platform for automated investment management services is provided. The platform may enable the automated management of client funds, invested in stocks and other traded assets such as commodities and gold, as well as other traded securities and financial instruments like stock options, stock funds, stock indexes, bonds and structured products. The platform may support customization based on each client's investment profile and policy. Agents may be dynamic and thus may enable the implementation of portfolio strategies that automatically adapt to changes in global financial and stock markets risk, as well as return and currency factors. In some embodiments, the platform may utilize genetic learning algorithms. The platform may support market making and distribution of third party funds and instruments, as well as an investor community, where clients can provide agents to allow others to co-invest. | 04-03-2014 |
| 20140101072 | SYSTEM AND METHOD FOR DISPLAYING A GIVING PLAN - According to some embodiments, a system comprises an interface and one or more processors. The interface receives a request to display a giving plan associated with a donor. The processors determine beneficiaries and assets of the donor. The processors also determine an allocation plan that associates one or more of the assets with one or more of the beneficiaries. The interface displays the giving plan comprising a graphical representation of the beneficiaries and a relative value of the assets associated with each beneficiary based on the allocation plan. The giving plan also comprises interactive features that facilitate modifying the graphical representation in order to visualize a potential change to the allocation plan. | 04-10-2014 |
| 20140101073 | Methods and Systems for Determining an Investment Portfolio Withdrawal Rate - A method and system for determining an investment portfolio withdrawal rate is disclosed, including determining a target draw rate and adjusting the target draw rate by a value gap to determine a safe maximum withdrawal rate. The value gap may be determined by comparing the investment portfolio to an estimated internal value of the portfolio or to a market trend value. Alternative embodiments may include subsequently adjusting the safe maximum withdrawal rate by a value gap when the value gap allows and if desired. Further embodiments may provide methods and systems for managing distributions associated with an investment account, which may incorporate the determination of a safe maximum withdrawal rate. | 04-10-2014 |
| 20140101074 | Apparatuses, Methods and Systems For A High Density Financial Asset Information Display - The disclosure details the implementation of an APPARATUSES, METHODS AND SYSTEMS FOR A HIGH DENSITY FINANCIAL ASSET INFORMATION DISPLAY. The disclosure teaches a High Density Financial Asset Information Display which provides a high density, straightforward, compact, dynamic and comprehensive display interface that presents users with a high volume of easy-to-understand financial asset information including the current buy and sell prices, the current price direction, the amount of time the asset pair is traded at each price, and the change in price over multiple time frames. The High Density Financial Asset Information Display is dynamically updated with the latest financial information and is updated periodically to provide real time changes in a Sparkline that displays the day low, day high, VWAP of a financial asset in a snapshot of twenty minutes with colored directional arrows with color coded trails. | 04-10-2014 |
| 20140108291 | Funding Loans Through the Short Sale of Yield Bearing Assets - A system and method are provided for funding loans. The method includes selling US Treasury securities (or other yield bearing assets) short and using the proceeds of the short sale to fund a loan to a borrower. The system includes a feature to aggregate and database securities available to sell short along with pertinent information about those securities. The system compares a proposed loan's cash flows to the cash flows of securities available to sell short. The system uses cash flow matching algorithms to construct a portfolio of securities to sell short to fund a loan. The system had the ability to effect the execution of transactions to sell securities short once included in a portfolio of securities to fund a loan. An option allows for multiple loans to be aggregated for the purpose of cash flow matching with securities to sell short. | 04-17-2014 |
| 20140108292 | COMPUTER PROGRAM, SYSTEM, AND METHOD FOR COMPARING SOCIAL SECURITY CLAIMING STRATEGIES - A non-transitory computer readable medium having a computer program stored thereon for directing operation of a processor. The computer program receives personal and financial data for a couple; accesses data for a plurality of Social Security claiming strategies for the couple based on the personal and financial data; and illustrates on a graphical display which of the Social Security claiming strategies would provide the maximum cumulative benefits for each of multiple mortality combinations of the couple so that the couple or an advisor for the couple can quickly ascertain which claiming strategy would provide the maximum benefits for each mortality combination. The computer program also presents graphical displays that quantify the additional lifetime benefits of one claiming strategy versus others and that show the breakeven point between each pair of claiming strategies. | 04-17-2014 |
| 20140108293 | SYSTEMS AND METHODS FOR TRADING, TRACKING, AND MANAGING CONFIGURABLE PORTFOLIO BASKETS - A system and method for establishing, tracking, and managing a user-configurable portfolio basket is provided. The system provides a plurality of pre-determined, user-selectable portfolio baskets, wherein said portfolio baskets include a plurality of products of at least one asset class. The user then selects one of the portfolio baskets, and sets a lower delta, an upper delta, and a time selection to be associated with said basket. These are then used by the system to determine trading instruments for each of the plurality of products in the basket. The trades represented by the instruments in the basket are then reviewed to confirm the authorization of the user to trade them and, if so, the trade is placed as a basket. Further, the performance of the instruments is tracked as a basket and the user may later add instruments to or sell instruments from the portfolio basket. | 04-17-2014 |
| 20140108294 | METHOD AND APPARATUS FOR ANALYSIS AND MAPPING OF HEDGE FUND INVESTMENT STRATEGIES - Techniques are provided that systematically deconstruct any fund investment strategy into precise elements along multiple, orthogonal dimensions such that such fund investment strategy can be uniquely and meaningfully mapped as a point or locus of points in a multi-dimensional space, thereby producing a strategy map. This can be done alone or in conjunction with other such strategy maps and such that the relative overlap and complementation of a collection of the strategy maps can be readily and automatically determined with a reasonable degree of precision. In particular, an application to hedge funds and their associated hedge fund investment strategies is provided. | 04-17-2014 |
| 20140108295 | Methods and Apparatus for Generating Purified Minimum Risk Portfolios - The quantitative construction of investment portfolios of securities such as stocks, bonds, or the like using optimization is addressed. More specifically, during optimization, constraints on non-target factor exposures are automatically converted to constraints on the exposure of the projections of the non-target factors that are orthogonal to a specified target factor. The target factor may be the implied alpha of a reference portfolio, such as a traditional minimum risk portfolio. Such constraints may be utilized to produce portfolios with superior performance to those produced with traditional factor exposure constraints. | 04-17-2014 |
| 20140108296 | Future Cost of Retirement Index and Fund - A future cost of retirement index is used to quantify the present value of future income. The future cost of retirement index provides a way for an investor to quantify the present cost of funding a secure future income for retirement. Upon establishing a cost of retirement index that quantifies a present value of future estimated investment returns, an investment funds track the index. This permits an investor to accumulate funds that approximate an amount needed to purchase, at a future time, a defined income stream for life. Because the future cost of retirement index fund is not itself an annuity, but is merely a tool that can be used to acquire sufficient assets to purchase an annuity, a future cost of retirement index fund facilitates retirement planning while also preserving asset liquidity. | 04-17-2014 |
| 20140108297 | METHOD AND APPARATUS FOR PROVIDING RETIREMENT INCOME BENEFITS - A computerized method and system for administering an unannuitized annuity plan having a guaranteed minimum withdrawal payment feature associated with a systematic withdrawal program includes the steps of and system for storing data, determining an amount of a maximum guaranteed withdrawal payment for a prescribed period (e.g., one year), periodically determining the account value, monitoring for an unscheduled withdrawal made under the plan and adjusting the amount of the maximum guaranteed withdrawal payment in response to the unscheduled withdrawal. Guaranteed withdrawal payments are periodically made to the account owner so long as withdrawals do not exceed the maximum guaranteed amount for the period, or the account value is greater than the payment. | 04-17-2014 |
| 20140108298 | Management of Goals and Recommendations - A particular method includes creating a financial planning goal for a financial planning client based at least in part on a financial planning objective. A financial planning recommendation is associated with the financial planning goal, and data identifying the financial planning goal and the financial planning recommendation is stored in a data store. The method also includes monitoring activity of the financial planning client and at least one other financial planning client to detect a financial planning trend. In response to the detected trend, a financial planning product is selected for potential incorporation into subsequent recommendation(s). | 04-17-2014 |
| 20140108299 | TRANSFORMATION WEIGHTED INDEXES OFFERING CONCENTRATED MULTI-RISK FACTOR EXPOSURE - Computer-based systems, software, and computer-implemented methods for creating an index of securities based upon various data transformations of risk factor metrics regarding entities or securities associated with the entities and weighting each index member in proportion to its combined transformed weighting value. | 04-17-2014 |
| 20140114878 | MOBILE MEETING PROCESSING - A system aggregates data that may be used during the course of a scheduled meeting and allows for the customization of the data for presentation during the scheduled meeting. The system communicates the customized data to meeting participants for discussion and review. The system also accepts inputs during the meeting that define additional meeting information such as bookmarked pages and views that were reviewed during the meeting. The inputs may further define notes reflecting discussions held during the meeting. The system stores information reflecting the bookmarks and notes that were made during the meeting. After the meeting has concluded, the data that was presented during the meeting as well as the bookmarks and notes that were presented during the meeting may be reviewed and selected for inclusion in an electronic document. The document may then be electronically communicated to the participants in the meeting for reference at a later time. | 04-24-2014 |
| 20140114879 | SYSTEMS AND METHODS FOR PROVIDING INVESTING OPPORTUNITIES - The present invention is directed toward systems and methods for providing investment opportunities to a communication device carried by a user. The method is implemented by a computer-implemented system in communication with the communication device via a communication network. The systems and methods include collecting location information and/or receiving graphical images from the user, identifying investment options corresponding to the collected location information or the received graphical images, providing the identified investment options to the communication device carried by the user, and enabling the user to invest in the identified investment options for their investment related needs by providing an investment platform capable of being used by the user for transacting in stocks related to the investment options. | 04-24-2014 |
| 20140114880 | Computer Implemented Method for Estimating Age-Period-Cohort Models on Account-Level Data - A computer-implemented method and invention for calculating a loan-level model with the age, period, and cohort functions found in the structure of an Age-Period-Cohort models. The invention uses one observation per account per time period, processed with a uniquely structured set of basis functions, so that the model may be estimated with either Generalized Linear Models (GLM) or Generalized Linear Mixed Models (GLMM). The model created by the invention may be used for account-level forecasting or stress testing of the defined performance variable if the historic extrapolation of the period function is detrended, the age and cohort functions are re-estimated appropriately, and a suitable scenario for the future of the period function. Scores may also be created by combining traditional scoring inputs with an account-level offset computed as the sum of the age and period functions at each time point. | 04-24-2014 |
| 20140114881 | Systems and Methods for Portfolio Analysis - In one aspect, the invention comprises a computer-implemented method comprising: (i) electronically receiving data describing one or more risk factors driving volatility of each of a plurality of securities comprised in a specified portfolio; (ii) for each of the plurality of securities, categorizing each of the risk factors as a random variable and identifying a distribution that best fits each risk factor's historical behavior; and generating a return distribution for the security, based on the best fit distributions; and (iii) aggregating the security return distributions to generate a return distribution for in the specified portfolio. Other aspects and embodiments comprise analogous software and computer systems. | 04-24-2014 |
| 20140114882 | SYSTEM AND METHOD FOR ADVANCED RETIREMENT PLANNING - A system and method to assist financial advisors in running different scenarios to help the client determine when and how to take their Social Security benefits, integrating the potential complexities of spousal and survivorship considerations and strategies, as well as overarching retirement income considerations, into the decision making framework. | 04-24-2014 |
| 20140114883 | ADAPTIVE CLOSED LOOP INVESTMENT DECISION ENGINE - An adaptive closed loop decision engine outputs actionable alerts regarding asset holdings and allocations to reduce investment volatility and improve returns over market and sector cycles without unnecessary trading activity. The decision engine performs a statistical analysis on pricing trends that generates threshold decision points for investing in or avoiding assets and for determining asset allocation weightings within a portfolio. | 04-24-2014 |
| 20140122371 | System and Method for outcome-oriented Investing - A method for outcome-oriented investing is provided. A unit investment trust is established. An intended non-linear economic outcome structured to reference underlying assets is established. Securities and the weights of those securities are selected in compliance with unit investment trust requirements such that the unit investment trust delivers the intended non-linear economic outcome. For example, the securities selected are liquid, and active management of the securities held in the unit investment trust is not allowed. In one example embodiment described herein, at least one U.S. Treasury bond and at least one exchange-traded option are selected. | 05-01-2014 |
| 20140122372 | SYSTEMS AND METHODS FOR PROVIDING FINANCIAL SERVICES - A new method and system for providing financial services is provided. These methods and systems can include providing banking and investment services to hedge fund money managers and other customers without the assistance or need for a prime broker. While employing the present invention a money manager may receive prime brokerage services from a bank or other financial service while at the same time be able to pursue investment opportunities with this bank or financial institution and other banks, institutions, and brokerages. The prime brokerage services that a money manger may receive can include accounting services, loan services, and cash management. | 05-01-2014 |
| 20140122373 | Method and System to Solve Dynamic Multi-Factor Models in Finance - A method is for determining a factor exposure of an asset collection for each of time intervals in a period of time, the asset collection including at least one asset. An objective function which includes an estimation error term or at least one transition error term is determined. The estimation error term represents an estimation error at each time interval between a performance of the asset collection and a sum of products of each of the factor exposure and its respective factor. The transition error term represents a transition error at each time interval after a first time interval for each of the factor exposure between the time interval and a prior time interval. At least one hedging or leveraging constraint on the factor exposure for at least one of the time intervals is defined. The factor exposure by optimizing a value of the objective function is determined. | 05-01-2014 |
| 20140129480 | INVESTMENT RISK MANAGEMENT SYSTEM AND METHOD - A system and method of assessing a future investment. The present invention may include entering in personal information and investment information. The user may be present invention with a series of risk and reward questions or statements in which the user may agree with or disagree with. The questions may change based on the entered information. The questions may progressively increase the risk and/or reward users are willing to take to achieve their goals. Once the questions have been answered, the software prepares and provides a risk and reward assessment. | 05-08-2014 |
| 20140129481 | FIXED RATE FINANCING INSTRUMENT OFFERING A DIVIDEND OR PARTIALLY GUARANTEED BY THIRD PARTY TO ISSUANCE, METHOD FOR ESTABLISHING A MARKET FOR THE SAME, METHOD FOR DIRECTLY PUBLIC-OFFERING THE SAME ON-LINE - A fixed rate financing instrument issued by a corporation, government, or other organization which pays a fixed interest rate and/or dividend as secured by an issuing entity's promise to pay and partially guaranteed by a third party to issuance. An operation financing system for public-offering the fixed rate financing instrument on-line directly by the issuing entity or for public-offering the fixed rate financing instrument through a direct purchase plan by the issuing entity. A method for forming a new market includes preparing the fixed rate financing instrument, public-offering the fixed rate financing instrument, delivering to a potential purchaser the financial disclosure as required by law, requesting the potential purchaser to acknowledge receipt and review of the financial disclosure as required by law, and confirming acknowledgement of the financial disclosure from the potential purchaser; and processing a requested transaction by retrieving information via a network to a server. | 05-08-2014 |
| 20140129482 | TARGET PORTFOLIO TEMPLATES - Methods, systems, and apparatus, including computer programs encoded on computer storage media, for preferred portfolio templates. One of the methods includes identifying a base data structure, the base data structure having nodes, each node of the base data structure having attributes. The method includes generating a dependent data structure based on the base data structure, each node in the base data structure having a corresponding a node in the dependent data structure. The method also includes determining whether to automatically change an attribute of a node in the dependent data structure in response to a change in an attribute of the corresponding node of the base data structure. | 05-08-2014 |
| 20140136444 | SYSTEM AND METHOD FOR DE-RISKING A PENSION FUND - A system for de-risking a pension fund, the system including: an input module for receiving asset class forecasts; a modeling module for modeling a plurality of portfolios based on the asset class forecasts to provide a de-risking framework; an asset mix module for receiving an asset mix for each of the model portfolios based on the de-risking framework; a database for storing data related to the asset class forecasts, the model portfolios, and asset mix; a processor configured to monitor the model portfolios for performance within the de-risking framework by: calculating an indicator of funded status volatility; comparing the indicator with a benchmark; and reporting the result. In particular, the indicator of funded status volatility is a liability tracking error and the benchmark is the liability tracking error of a conventional or standard pension portfolio. | 05-15-2014 |
| 20140136445 | SECURITIES LENDING RECORDS PROCESSING - A system for securities lending data management aggregates securities lending transaction data across a plurality of firms. The data comprises records including parameters for securities lending transactions entered into by individual firms. The system queries the data in order to identify instances wherein for a record of a transaction engaged by one firm, there is no corresponding record for another firm indicating a counterparty. The system compares instances of such orphan records in order to identify instances wherein the parameters for an orphan record corresponds to the parameters of another orphan record with the exception of perhaps one or two parameter values. The system outputs a listing of such instances and receives input confirming or invalidating that the identified orphan records correspond to the same transaction. | 05-15-2014 |
| 20140136446 | METHOD AND COMPUTER READABLE MEDIUM FOR MANAGING INVESTMENT PORTFOLIOS - A method and a non-transitory computer readable medium, the method includes receiving by a computerized system information about a large number of investment opportunities; wherein each investment opportunity exhibits investment characteristics and is formed from a financial asset; comparing in real time, by the computerized system, between characteristics of investment opportunities and characteristics of a large amount of investment portfolios to find investment opportunities that match investment portfolios; and adding investment opportunities to investment portfolios that match the investment opportunities | 05-15-2014 |
| 20140136447 | APPARATUSES, METHODS AND SYSTEMS FOR A HIGH DENSITY FINANCIAL ASSET INFORMATION DISPLAY - The disclosure details the implementation of an APPARATUSES, METHODS AND SYSTEMS FOR A HIGH DENSITY FINANCIAL ASSET INFORMATION DISPLAY. The disclosure teaches a High Density Financial Asset Information Display which provides a high density, straightforward, unified, compact, dynamic and comprehensive display interface that presents users with a high volume of easy to understand financial asset information including the current buy and sell prices, the current price direction, the amount of time the asset pair is traded at each price, and the change in price over multiple time frames. The High Density Financial Asset Information Display is dynamically updated with the latest financial information and is formatted to convey relevant changes in the information of interest in a way that is easily understood by users. | 05-15-2014 |
| 20140143173 | SYSTEMS AND METHODS FOR USING A REVERSE MORTGAGE AS A PORTFOLIO SUPPLEMENT - Systems and methods are described for providing information to retirees wishing to supplement a retirement investment portfolio by judicious use of funds from one of several available reverse mortgage programs. System inputs can include data about the retiree(s), the investment portfolio, a primary residence, a desired amount of funds to be drawn on a monthly, yearly, or other regular basis. Based at least in part on the accepted data, various simulations can be run which show the likelihood of the portfolio lasting and providing the desired funds across the length of the retirement planning horizon. Simulations can include, scenarios in which (a) no reverse mortgage funds are used, (b) reverse mortgage funds are used until they are exhausted before beginning to draw funds from the investment portfolio, and/or (c) scenarios in which regularly scheduled reverse mortgage funds are used to supplement (and thereby reduce) portfolio withdrawals. | 05-22-2014 |
| 20140143174 | Method And Apparatus For Evaluating And Monitoring Collateralized Debt Obligations - Systems, methods, apparatus, computer program code and means for evaluating and monitoring collateralized debt obligations (CDOs) are provided which include identifying a first investment including interests in a first plurality of assets, identifying a second investment including interests in a second plurality of assets, identifying a common feature associated with both the first and second plurality of assets, and identifying a relative exposure to risk associated with the common feature. | 05-22-2014 |
| 20140143175 | RETIREMENT PLANNING METHOD - Retirement planning methods and systems for use with an individual investor having a retirement plan comprising assets and future liabilities. One or more computing devices perform the methods. Embodiments of the methods include determining a net present value of the assets and a net present value of the future liabilities. A funded ratio is calculated as a function of the net present value of the assets and the net present value of the future liabilities. If the funded ratio is less than a predetermined threshold value, the retirement plan is at risk of being underfunded. If the funded ratio is greater than the predetermined threshold value, the retirement plan is not at risk of being underfunded. An indication may be displayed indicating whether the retirement plan is at risk of being underfunded. | 05-22-2014 |
| 20140143176 | Leveraging to Minimize the Expected Inverse Assets - The question of how much should be placed at risk on a given investment, relative to the total assets available for investment, is basically that of determining the optimal leverage. An existing well known method for calculating optimal leverage does not appear to be derived from sound principles. The approach taken by the method described in this specification is to optimize the expected future inverse assets, conditioned on the assets having some estimated distribution. Asymptotically over time, the distribution of log-assets becomes Gaussian. Using this analysis, a couple of the more obvious strategies are ruled out, while the strategy of minimizing the reciprocal expected assets yields an elegant result that can also be interpreted in some sense as minimizing the risk of bankruptcy. Besides being applicable to Gaussian long term continuous time leveraging, methods are claimed for minimizing the inverse assets for intermediate and finite horizon continuous time leveraging, as well as for discrete time leveraging. It seems this inverse asset strategy is particularly relevant for insurance companies, financial security ratings, and financial leveraging. | 05-22-2014 |
| 20140143177 | SYSTEM AND METHOD FOR MANAGING TAX-DEFERRED RETIREMENT ACCOUNTS - A system and method of managing tax-deferred retirement accounts that enable the participants to invest in exchange traded funds (ETFs) and to forecast and intelligently plan for their retirement savings needs. The system and method preferably allow each participant to select an asset allocation model pursuant to which their investments will be managed and periodically rebalance the portfolio of each participant based on the selected asset allocation model. | 05-22-2014 |
| 20140143178 | MANAGING CONSISTENT INTERFACES FOR CREDIT PORTFOLIO BUSINESS OBJECTS ACROSS HETEROGENEOUS SYSTEMS - A business object model, which reflects data that is used during a given business transaction, is utilized to generate interfaces. This business object model facilitates commercial transactions by providing consistent interfaces that are suitable for use across industries, across businesses, and across different departments within a business during a business transaction. In some operations, software creates, updates, or otherwise processes information related to a credit portfolio model, a credit portfolio analytical result, a credit portfolio management process control, a financial instrument exposure profile analytical result, and/or a material supply and demand allocation business object. | 05-22-2014 |
| 20140149312 | SYSTEMS AND METHODS FOR DETERMINING A QUANTITATIVE RETAIL SENTIMENT INDEX FROM CLIENT BEHAVIOR - Systems, methods, and instructions stored on computer-readable mediums for calculating a volatility score for each of a plurality of securities and calculating a reference volatility score for a benchmark. A relative volatility score is derived for each of the plurality of securities based upon the volatility score for each of the plurality of securities and the reference volatility score. A correlation for each of the plurality of securities to the benchmark is determined. The relative volatility score for at least one of the securities is adjusted based on the correlation. An aggregated volatility score is derived for each of a plurality of accounts based in part on securities held within an account and the relative volatility scores for the securities. A sentiment index is determined based upon the aggregated volatility score for each of the plurality of accounts. | 05-29-2014 |
| 20140149313 | SYSTEM AND METHODS FOR TRADING IN MULTI-MODAL FREIGHT SHIPMENT DERIVATIVES - A system for facilitating freight transactions that includes a secure portal for receiving users' (carriers, forwarders, shippers, and market makers) data that includes orders and capacity postings between destinations. The system also includes a back-end modules configured for collecting capacity/shipping volume data to generate forecast data, managing derivative contracts, determining best possible routing given the orders and capacity postings, breaking the best possible routing into component segments that is then traded as derivative contracts, providing report, managing settlement and clearinghouse functions, and receiving risk assessment about the forecast data. The system further includes an interface layer for facilitating communications between the portal and the back-end modules. The system moreover includes a contract and capacity management module configured for enabling the carriers and the forwarders to strategically position their capacity. The system yet also includes a real time integration layer configured for enabling a external systems to interact with the system. | 05-29-2014 |
| 20140149314 | System and Method for Monitoring Compliance Regarding Investment Thresholds and Accredited/Non-Accredited Status of Investors - A central database for platform compliance regarding investment thresholds and accredited investor verification that is coupled with, or able to be integrated with, a managed payments and escrow service or a third-party payment and escrow service. At the center of the platform is an application programming interface (API) that exchanges information between the system and a host of parties including, without limitation, intermediaries, third-party data sources, payments and escrow vendors. | 05-29-2014 |
| 20140149315 | METHOD AND SYSTEM FOR COMMUNICATING FINANCIAL NEWS - A system and software-implemented method for reporting financial market news and events. Machine-readable extracted data is reformulated in content and format to provide a more efficient display and understanding of the relevance of news and events to the end user. Audio and/or graphic indicators are added to further promote efficient understanding of the delivered news or event message. | 05-29-2014 |
| 20140149316 | Rating System and Method - A rating method for Indexing and Rating a Defined Benefit type of Retirement Plan. The method provides a rating for the financial plan, with the rating based on the comparative average earnings value of the financial plan in relation to an equity return and/or a bond return. An algorithm computes the average earnings value in relation to the equity return or the bond return to determine the appropriate rating. The rating includes a scale of A through F, with “A” rating providing the best return, and “F” rating representing a poor return. The rating method derives the rating depending on whether the equity and bond returns are positive or negative. The rating method incorporates an annual cost of living value. The different participants include a contributor, a retired, a terminated, and an active participant. The market value of the financial plan's average earnings value can be computed. | 05-29-2014 |
| 20140149317 | USING COMMERCIAL SHARE OF WALLET TO RATE INVESTMENTS - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 05-29-2014 |
| 20140149318 | METHOD AND SYSTEM FOR PROVIDING GUIDANCE DATA - Described herein is a system and method for providing entity investment guidance via a communication network. The system includes a server, at least one entity-issued disclosure received by the server via the communication network and a storage accessible by the server. The storage includes at least one forecast data extracted from the at least one entity disclosure, said forecast data indicative of a projection of an entity performance parameter, and a context file for each of the forecast data, the context file including at least a portion of the entity disclosure associated with the forecast data. Also included in the system is a user interface in communication with the server, wherein the server generates an investment guidance display of the forecast data and the context file and transmits the display to the user interface via the communication network. | 05-29-2014 |
| 20140156558 | Collateral Mechanisms - Techniques for providing collateral and satisfying collateral requirements involve receipt of a request for obligations that grant to a first party a right to allow a second party having commercial contracts with the first party to draw against assets of a legal trust funded by investors and recording receipt of eligible assets obtained from the first party that are placed in a first account for the first party in the legal trust, determining terms for issuance of the obligations, the terms including a lien on the eligible assets in the first account for the first party and a guarantee by the first party to redeem assets in the legal trust that are drawn by the second party, and recording a transfer of the requested obligations to a collateral account that benefits the second party. | 06-05-2014 |
| 20140156559 | TRANSACTIONAL DECISION MAKING DEVICE AND METHOD - A system for assisting groups of individuals in making personal and private transactions deploys a common large display means and a plurality of small portable data access and display devices for receiving and viewing private information associated with the matter shown on the common display. The small portable devices access existing transactional websites. The device and the associated method can be used for investment education and transaction execution, as well as enrollment in financial, health and related service plans requiring the user's selection from among options that depend on individual and generally private circumstances, and in particular for retirement plan enrollment and investment management. | 06-05-2014 |
| 20140156560 | METHOD AND APPARATUS FOR INVESTMENT STRATEGIES DERIVED FROM VARIOUS RESEARCH METHODOLOGIES AND EXTRACTIONS - The present invention provides a computer based apparatus and methodology for generating investment strategies for individuals by using a variety of research and screening methodologies to extract investment tools and data from publicly available data basis, while also utilizing computerized search skills, this business model looks to improve on investment methods currently offered by brokers and registered investment advisors. Several modules are provided that perform certain analyses based on information from the investor as well as other sources. Each module can be used as a stand-alone unit or can share information and prepare aggregate reports to the investor. In one preferred embodiment, an asset allocation module is used to generate a proposed asset allocation to an individual based on at least one of his risk profile, assets, and planned retirement age. | 06-05-2014 |
| 20140164285 | System and Method for the Creation, Review and Revision of Investment Banking Materials - A system and method for the creation, review and revision of investment banking materials is described. The system includes an end-to-end software application that assists investment bankers in creating decks to present to their clients. The decks contain a mixture of publically-available and confidential information presented in charts and tables together with textual commentary and advice. The user is shown charts and if preferred, a chart can be immediately placed into a deck. Each chart has the bank's branding and style guidelines (e.g., colors, fonts) encoded such that charts are presented to the user pre-formatted. The system supports auditability, chart linking, and visual alerts. The system and methods can be executed on various devices, including pad and tablet computers, desktops and workstations, smartTVs, and mobile telephone units. | 06-12-2014 |
| 20140164286 | Interest Rate Swap Risk Compression - The disclosed embodiments relate to minimization of risk of loss, and thereby minimization of margin and/or guarantee fund requirements, for a portfolio of interest rate swap (“IRS”) positions held by a market participant. The disclosed embodiments identify proposed trades across portfolios wherein execution of the proposed trade would result in a reduction of the risk of loss of the portfolio and the other portfolio, by iteratively testing each of a set of candidate trades between substantially equivalent positions in the portfolio and other portfolio for an effect on the risk of loss of the portfolio, the identified proposed trade comprising a candidate trade which results in a reduction in risk of loss of the portfolio in excess of a threshold. The disclosed embodiments then provide each of the identified proposed trades to at least the market participant who holds the subject portfolio for acceptance thereby. | 06-12-2014 |
| 20140164287 | NEEDS-BASED SUGGESTION ENGINE - A system for generating needs-based suggestions which includes a computing device. The computing device is configured to gather key financial data for at least one user, analyze the key financial data to perform at least one of generating questions directed at identifying additional key financial data and selecting at least one suggestion based on the key financial data, and generate an electronic message including the at least one suggestion and a detailed explanation of reasons the at least one suggestion was selected based on the key financial data. | 06-12-2014 |
| 20140164288 | SYSTEMS FOR DETERMINING AND PROVIDING A PORTFOLIO OVERLAY FOR INVESTMENT PORTFOLIO ADJUSTMENT TO MITIGATE FINANCIAL RISK - The disclosed technology, in certain embodiments, analyzes financial market data to determine a financial overlay that is provided to portfolio owners in order to notify or alert the portfolio owner regarding when to convert an investment to cash and/or cash equivalents, buy an investment, or sell an investment. In certain embodiments, financial market data is used to determine the status of respective market sectors based on a change in behavior and/or a correlation to a financial index. In certain embodiments, a financial overlay decision associated with the market sectors is determined based on the status of a market sector. The financial overlay decision may be provided to portfolio owners and may include a decision to maintain an investment, buy an investment, sell an investment, or convert an investment to cash or cash equivalents. | 06-12-2014 |
| 20140164289 | DUE DILIGENCE AND DISCLOSURE REPORT CREATION AND PRESENTATION SYSTEM, AND COMPUTER READABLE MEDIUM - Systems, methods, and processes are described that facilitate the production, transmission, analysis, and sharing of information. The disclosed subject matter allows a provider to create meaningful due diligence and disclosure reports on companies seeking to raise money from individuals via the Internet and other communications mediums and present this information in an easily accessibly manner integrated within various mediums, including but not limited to the websites of platforms who serve as intermediaries between the company seeking investment and the potential investing public. | 06-12-2014 |
| 20140164290 | DATABASE FOR RISK DATA PROCESSING - A database for risk data processing is described. A database system includes a database storage comprising one or more data items, each data item associated with a selection criteria and a risk tolerance. The system further includes an electronic processing device in data communication with the database storage. The electronic processing device is configured to interface between a user terminal and the database storage to process risk data and provide displayable representations thereof. | 06-12-2014 |
| 20140164291 | System and Method for Crowdfunded Investment Clearance and Compliance - Using an intermediary system, a method of providing entrepreneurs with crowdfunding capital that maintains appropriate monitoring controls, expedites document handling, and efficiently transfers funs between participating parties. | 06-12-2014 |
| 20140164292 | COMMERCIAL INVESTMENT ANALYSIS - A technique for performing commercial venture analysis involves establishing an empirically-derived structure and evaluating companies using analytical techniques within that structure. The technique may involve defining jobs, or goals a customer is attempting to reach, with dozens or even hundreds of outcomes. Ideally, the structure and tools facilitate analysis that would not be possible otherwise. Moreover, the nature of the system enables real-time input for changing conditions and the ability to calculate returns for new markets in which products or services do not exist. | 06-12-2014 |
| 20140164293 | SYSTEMS AND METHODS FOR ONLINE SECURITIZATION OF ILLIQUID ASSETS - A system for online securitization of illiquid assets is disclosed. The system includes a physical storage media storing instructions for administering online securitization of illiquid assets and a processor. The processor is configured to execute the instructions for performing a method of receiving, over a network and from an owner of an illiquid asset, information relating to the illiquid asset. The processor is further configured for analyzing the information relating to the illiquid asset; securitizing the illiquid asset; generating an offer for purchasing an interest in the illiquid asset. The processor is further configured for transmitting the offer to an investor over the network; receiving payment from the investor, the payment being provided in consideration for the interest in the illiquid asset; and executing a transaction to transfer the interest in the illiquid asset to the investor. | 06-12-2014 |
| 20140172745 | TRANSACTION EFFECTS - A method comprising creating and storing, in computer memory, a financial graph having nodes and edges, wherein the nodes include first nodes representing assets and second nodes representing any one or more of accounts in which one or more of the assets are held, individuals who own one or more of the assets, or legal entities who own one or more of the assets; obtaining, from an asset custodian data source, asset transaction data associated with one or more of the assets represented by the first nodes of the financial graph; transforming the asset transaction data into one or more stored transaction objects, wherein each transaction object is associated with a plurality of transaction effect objects; wherein each of the plurality of transaction effect objects is associated with a particular edge in the financial graph and represents one of a credit to an account type associated with the particular edge and a debit from an account type associated with the particular edge. | 06-19-2014 |
| 20140172746 | Margin Determination for Products Based on Currency Pairs - A performance bond contribution applicable to a holding in one or more products based on a currency pair may be determined, at least in part, based on volatility values and a volatility floor value. A performance bond contribution applicable to a holding in one or more products based on a third currency pair that includes first and third currencies may be determined using a series of rates. That series of rates may be created, at least in part, based on a series of rates applicable to a first currency pair that includes the first currency and a second currency and a series of rates applicable to a second currency pair that includes the third currency and the second currency. A performance bond contribution applicable to a product based on a pegged component currency pair may be determined using hypothetical portfolios. | 06-19-2014 |
| 20140172747 | SHORT SALE INFORMATION - A system, method, and computer program product are provided for short sale information. Short sale information, including short interest in a security, from at least one source is stored in a database. Short sale volumes of shares are calculated for the security by summing a volume of shares associated with each short sale for each time unit during a time period. A graph is generated by plotting each short sale volume of shares associated with a time unit on a horizontal axis, plotting volume of shares on one vertical axis, and plotting a closing price for the security for each time unit on another vertical axis. A report that includes the graph is output via a user interface to an investor, prompting the investor to purchase security shares based on the graph depicting an increase in the short sale volume of shares and a corresponding decrease in the closing price. | 06-19-2014 |
| 20140172748 | Liquidity Margin - Systems and methods are provided for determining margin requirements for portfolios that are illiquid or have concentrated positions. Surveys with sample portfolios that include credit default swaps and that ask for liquidity charges are distributed to clearing members. Answers to the surveys are analyzed to develop a liquidity risk model. The liquidity risk model is subsequently used when setting margin requirements. | 06-19-2014 |
| 20140172749 | TRANSACTION EFFECTS - A method comprising creating and storing, in computer memory, a financial graph having nodes and edges, wherein the nodes include first nodes representing assets and second nodes representing any one or more of accounts in which one or more of the assets are held, individuals who own one or more of the assets, or legal entities who own one or more of the assets; obtaining, from an asset custodian data source, asset transaction data representing a plurality of financial transaction events; identifying a financial transaction type represented by one or more of the plurality of financial transaction events; generating, based on the identified financial transaction type, a plurality of transaction effect objects; wherein each of the plurality of transaction effect objects is associated with a particular edge in the financial graph and represents one of a credit to an account type associated with the particular edge and a debit from an account type associated with the particular edge. | 06-19-2014 |
| 20140172750 | Leveraging to Minimize the Expected Inverse Assets - In a previous disclosure it was shown that a long-term leveraging formula can be derived from a root objective function that attempts to minimize the expected inverse assets of a return distribution. In this disclosure, the inverse asset objective is more generally applied, in two additional distinct cases, to optimally leverage portfolios of investments where long term conditions do not apply. Particularly, this results in a process useful for quantitative optimization of a qualitative retirement portfolio strategy. | 06-19-2014 |
| 20140172751 | METHOD, SYSTEM AND SOFTWARE FOR SOCIAL-FINANCIAL INVESTMENT RISK AVOIDANCE, OPPORTUNITY IDENTIFICATION, AND DATA VISUALIZATION - Method, system and software for social-financial investment risk avoidance, opportunity identification, and data visualization, which can use social data with other data to generate and present new types of data, which can be used by investors to make investment decisions, which can include a scoring model, which can help users identify trends and/or interpret and synthesize large amounts of data based on social data and other data, which can include an interactive, graphical user interface, which allows users to explore and examine social data and other data that can impact, for example, the investment performance of a company's stock, and which can include the ability to click on any word or point on a line plotted over time to see additional information constructs, where the social data can be illustrated via numeric scores, line and scatter plots, word clouds, word radials, gauges and the like. | 06-19-2014 |
| 20140172752 | Management of Related Portfolios - A computer-implemented method comprising: retrieving information indicative of sets of upper level portfolios; retrieving information indicative of a plurality of objectives for the sets of upper level portfolios; retrieving a plurality of constraints, with at least one of the constraints restricting aggregate trade amounts for the same lower level portfolio across the sets of upper level portfolios, and with a constraint comprising a parameter that is at least partly based on an objective and attributes of the sets of upper level portfolios; and executing by one or more computer systems a collection of optimization rules to apply across the sets of upper level portfolios to current trade amounts of the sets of upper level portfolios and to the objectives according to parameters specified by the constraints to determine rebalanced trade amounts for the sets of upper level portfolios. | 06-19-2014 |
| 20140180962 | SYSTEM AND METHOD FOR INCOME MANAGED ACCOUNT - A system and method for managing a consolidated account which consolidates the cash flows of a plurality of different accounts and outside income, tracks the cash flows, monitors the sustainability of income streams and expense needs, makes projections for further potential cash flows, has the ability to make variable distributions, tracks the current and projected balance in the income managed account and issues alerts when account parameters fail to meet a criteria, and automatically takes corrective action or makes recommendations. | 06-26-2014 |
| 20140180963 | SYSTEM AND METHOD FOR SPEND ANALYSIS - A system for spend analysis by providing strategies for mining spend information that analyzes classified spend data based on pre-determined strategies to find saving and compliance opportunities across category and supplier. These strategies are supplier payment based saving and compliance strategies, e.g., payment term rationalization and supplier payment term compliance. The system includes: a processor unit; and a computer readable medium storing instructions executable by the processor unit comprising: an input system adapted for entering pre-defined parameters; a strategy selection system to select a spend analysis strategy from a spend analysis strategy system; a category/supplier display system to display categories/suppliers for user-defined spend data that match the default/user-defined business constraints; wherein the category/supplier display system is integrated with a classification system adapted for classifying spend data based on pre-defined parameters; and an output system adapted for displaying output for a strategy being selected for a specific parameter. | 06-26-2014 |
| 20140180964 | METHOD FOR DISPLAYING CURRENT DISPARATE RATIO FOR ENTERPRISE VALUE USING DIFFERENCE BETWEEN MARKET VALUE FOR ENTERPRISE AND BASIC ANALYSIS - A method for displaying a current disparate ratio for an enterprise value uses a difference between market value for an enterprise and a basic analysis. The method includes entering personal information into a stock information server on the basis of a membership verification procedure, storing and managing information related to stocks of interest for a member by using the stock information server, receiving total market value data for the stocks of interest from the stock information sever, receiving net asset value data for the stocks of interest from the electronic disclosure system server, storing the total market value data and net asset value data in the stock information server in a graphic format by time, and displaying the total market value data and net asset value data with each set to a predetermined axis. | 06-26-2014 |
| 20140180965 | Method and System for Developing and Applying Market Data Scenarios - A method for developing and applying market data scenarios may include receiving market data by a record and replay daemon executing on a computer system; storing the received market data in a storage device; replaying the stored market data; changing the stored market data with respect to at least one asset by applying in an automated manner a contrived market activity scenario selected from a plurality of different scenarios stored on the computer system, whereby performance of at least one specific asset is changed to a contrived performance to simulate market activity desired by a user to create a contrived market activity scenario; and transmitting the contrived market activity scenario to a client application, which is able to process the contrived market activity scenario as if it were market data transmitted directly from the market data distribution platform. | 06-26-2014 |
| 20140180966 | METHOD AND SYSTEM FOR BUILDING AND MAINTENANCE WATCH LISTS - A method and apparatus for monitoring a items such as stocks and other securities, suitable for use in portable devices, such as personal organizes, wherein instead of separate watch lists, a pool of items being watched is maintained, and the total number of items which can be contained in the pool is intentionally limited to a predefined number, and further wherein each of the items in the pool includes an associated tag which defines a watch list to which it belongs, and the pool of the items being watched can be viewed simultaneously as one coherent collection, or specific watch lists can be displayed. | 06-26-2014 |
| 20140180967 | DESIGN SUPPORT SYSTEM FOR FINANCIAL PRODUCTS OF DIVISIONAL PAYMENT TYPE - The present invention relates to a design support system for financial products of a divisional payment type (FPD). A plurality of computing modules according to the present invention are systematically disposed within a communication pipeline of an FPD sales staff's communication terminal which is connected to an online network so that the FPD sales staff can provide FPD design particulars corresponding to desires of customers whom the FPD sales staff is handling without any particular difficulties in real time using the modules. Accordingly, it is possible to guide the FPD sales staff and an FPD management company, and furthermore, each customer can easily avoid problems related to reduction in business efficiency or sales efficiency of the FPD, and the inability to rapidly invest in and possess desired FPD, and the like. | 06-26-2014 |
| 20140188757 | Computer Systems and Methods for Determining Combinations of Investments Based On User-Defined Criteria - A system and method for selecting a combination of investments are disclosed. According to one aspect, the system is configured to automatically select a combination of investments that can be mapped to investments in a current investment line-up by asset classification and which provide a matching solution based on defined investment objectives. According to another aspect, the system may dynamically generate different investment line-ups based on a variation of objectives provided by the user, and may display alternate investment line-ups simultaneously based on pre-defined line-up selection criteria. | 07-03-2014 |
| 20140188758 | METHODS AND SYSTEMS FOR IDENTIFYING FINANCIAL NEEDS AND PROVIDING CUSTOMIZABLE FINANCIAL ADVICE - The system and method of the centralized integrated software for assisting agents in providing financial advice and product recommendations to clients based on financial needs is disclosed. The centralized software includes integrated applications for identifying various financial needs, priorities, and urgencies, and calculating survivor and retirement needs and various metrics based on rankings of various factors presented by the user. The centralized software includes an interactive interface for use for data gathering of client information. A module is identified for further input of user information based on the financial needs, priorities, and urgencies of the user. | 07-03-2014 |
| 20140188759 | Method and System for using Credit Lines to Enhance the Durability of Securities Portfolios - A system and method for determining a desirous funding source and/or sources based upon at least one of user information, home information and portfolio information, wherein said desirous funding source(s) is/are based, at least in part, upon maximization of a user's assets. | 07-03-2014 |
| 20140188760 | METHOD AND SYSTEM FOR INTRA-PERIOD ESTIMATION OF INDEX VALUE - A method and system for intra-period estimation of index value includes the steps of providing an intra-period estimation of index value software program in a computer readable medium that is maintained in a host computer. Information is received concerning a financial investment from a data contributor, and the information includes data reported on a predetermined basis. A value is determined for each financial investment using the information. Additional information concerning the financial investment is received that includes observable data regarding each financial investment. An intra-period index is calculated using the additional information that is used in valuation of the financial activity. | 07-03-2014 |
| 20140188761 | SOCIAL NETWORK-BASED INVESTMENT GUIDANCE - Personal and asset transaction information of a plurality of participating investors of a social network-based investment guidance service can be aggregated. A subset of the aggregated personal information and asset transaction information can be defined based on a set of one or more dimensions relating to either or both of the aggregated asset transaction information and personal information of the plurality of participating investors and investor profile information can be presented to the individual participating investor based on the subset. | 07-03-2014 |
| 20140188762 | METHOD AND SYSTEM FOR MULTIPLE PORTFOLIO OPTIMIZATION - Methods and systems for optimizing a plurality of portfolios, each portfolio including one or more shares of one or more tradable assets, and may include the steps of: receiving asset data associated with the plurality of the portfolios; receiving one or more optimization constraints including at least one global constraint defining a constraint to be applied across an aggregate of the plurality of portfolios; for each portfolio, optimizing the asset data based on the one or more optimization constraints to create optimized portfolio data; aggregating the optimized portfolio data to create aggregate optimized asset data; determining if the aggregate optimized asset data satisfies the at least one global constraint; and only if the at least one global constraint is satisfied, outputting the optimized asset data. | 07-03-2014 |
| 20140188763 | SYSTEMS AND METHODS FOR ADJUSTING COST BASIS AND CALCULATING MARKET VALUES AND INVESTMENT PERFOMANCE IN AN INVESTMENT PORTFOLIO - A financial advisory system for evaluating a plurality assets for an asset owner, comprising a user interface, a database, a performance engine, and a display. The user interface is configured to receive identifying information about the plurality of assets via an application program interface. The database is communicatively linked to the application program interface and configured to store the identifying information, retrieve asset data from a repository database, the asset data comprising historical information about the plurality of assets; and retrieve information about market trends from an authoritative source. The performance engine is communicatively linked to the database and configured to calculate an investment performance of the plurality of assets and generate an alert in response to a sale of at least one of the plurality of assets. The display is configured to present a report of the activity of the plurality of assets. | 07-03-2014 |
| 20140188764 | BREAKOUT INDEXES - Methods and systems for calculating values for indexes based on breakout currencies are provided. A prospective breakout index may be formed before an entity breaks out of a monetary union. Other aspects relate to calculating an initial index value on a breakout date. An initial exchange rate of the breakout currency may be combined with a breakout value and/or a base value. In one embodiment, the breakout value is the reciprocal of the initial exchange rate. Therefore, in accordance with certain embodiments, the initial index value of the breakout index may be equal to the base value. Further aspects relate to calculating a second index value. A second exchange rate of the breakout currency may be utilized with the fixed base value and the breakout value to calculate the second index value of the breakout index. Further aspects relate to creating a prospective currency unit for a monetary union. | 07-03-2014 |
| 20140188765 | INTERACTIVE USER INTERFACE FOR INPUT OF FORECASTS AND RISK PRIORITIES AND DISPLAY OF RELATED STRATEGIES IN A TRADING SYSTEM - A system for inputting a forecast and/or a risk priority and displaying an associated strategy for a trading system comprises a processor and a memory. The processor is configured to receive an indication of a forecast for an underlying investment and/or an indication of a risk priority. The processor is configured to display and/or cause the display of the probability band and/or a list of risk priorities. The processor is further configured to determine a probability band based at least in part on the forecast and display or cause a display of one or more strategies compatible with the forecast or to determine an ordered list of risk priorities and display or cause a display of one or more strategies compatible with the ordered list. The memory is coupled to the processor and configured to provide the processor with instructions. | 07-03-2014 |
| 20140195460 | METHOD FOR OBTAINING A HIGH RISE IN VALUE FOR INDIVIDUAL INVESTORS AND ENTERPRISES - Method for obtaining a high rise in value for individual investors and enterprises through at least two investing organizations, wherein said at least two investing organizations work together as co-operating investing organizations, said co-operating investing organizations in common develop strategies for the highest rise in value and influence over invested capital, said co-operating investing organizations arranging a common management function, and said common management function in all strategic matters co-operate with a project manager before making any investment of capital. | 07-10-2014 |
| 20140201103 | SYSTEM FOR RESEARCH AND DEVELOPMENT INFORMATION ASSISTING IN INVESTMENT, AND A METHOD, A COMPUTER PROGRAM, AND A READABLE AND RECORDABLE MEDIA FOR COMPUTER THEREOF - A system for research and development information assisting in investment, and a method, a computer program, and a readable and recordable media for computer thereof are disclosed. The system comprises a processing unit, a database module, an investment analysis subsystem, and an output unit, and provides a method, a computer program or a readable and recordable media for computer. The investment analysis subsystem compares an academic document with a patent document to generate a technical relevancy, providing the user to determine whether a patent document of the target enterprise is forward-looking or whether too many popular patents are owned. Therefore, users can choose to enter the market earlier when the stock price of the enterprise is underestimated or exit earlier before the invested enterprise reduces the turnover and the enterprise value due to a vicious competition and a price reduction strategy of competitors, thereby ensuring investors' profits. | 07-17-2014 |
| 20140201104 | SYSTEM AND METHOD FOR FACILITATING COLLABORATIVE INVESTMENT BANKING AGREEMENTS - A system and method for facilitating collaborative investment banking agreements is disclosed. In at least one embodiment, a central computing system contains details related to an at least one lead banker, an at least one investment opportunity, and an at least one outside banker with whom the lead banker is desirous of potentially collaborating on the investment opportunity. Each banker is required to separately execute a master subscription agreement setting forth various general terms. The lead banker is then able to create the investment opportunity and present it the outside banker for a potential collaborative investment deal. The lead banker and outside banker are able to negotiate any ancillary terms specific to the investment deal which are not included in the master subscription agreement. Once agreed upon, the parties are legally bound through a third party beneficiary agreement to work the investment deal together and share in the compensation. | 07-17-2014 |
| 20140201105 | INVESTMENT PORTFOLIO RISK ANALYSIS SYSTEM - A computer-implemented method includes receiving information identifying an investment; receiving information associated with a financial characteristic of the investment; and causing a processor to determine one or more of a range of motion, a portfolio history, an economic value of the tail, an exposure, and points of ruin associated with the investment using the financial characteristic of the investment. The processor can also initiate an alert when one or more conditions are met for the investment based upon the determination of the range of motion, the portfolio history, the economic value of the tail, the exposure, and/or the points of ruin. | 07-17-2014 |
| 20140201106 | Method and System for Improving Performance of Endowments - A method, system, and computer program product for providing a return on an investment to an endowment that also encourages donations by investing in a vehicles that provide a benefit to the endowed institution. The method includes receiving principal funds from one or more investing entities and receiving data describing an obligation of an endowed institution to pay for goods or services from a supplying entity. The method also includes making a payment to the supplying entity using at least a portion of the principal funds. The method also includes receiving a payment from the endowed institution at a later date for a greater amount than the earlier payment. The payment received from the endowed institution is made at a date later than the payment made to the supplying entity and is an amount that exceeds the payment made to the supplying entity. The method also includes making a payment to an endowment. | 07-17-2014 |
| 20140201107 | Methods and Apparatus for Improving Factor Risk Model Responsiveness - Construction of factor risk models that better predict the future volatility of returns of a portfolio of securities such as stocks, bonds, or the like is addressed. More specifically, improved factor-factor covariance estimation is made even when the covariances change rapidly over time. Methods and techniques for achieving better accuracy, responsiveness, and stability of factor risk models are addressed. | 07-17-2014 |
| 20140207705 | RESIDUAL RISK ANALYSIS SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT THEREFOR - Systems, methods and products for determining residual values of asset portfolios are disclosed. In one embodiment, a system includes a server computer coupled to a network and to a data storage device. The server generates residual value curves for each of a set of item types and stores them. The server computer also receives and/or maintains information defining a set of items in a portfolio. When an assessment of the portfolio is initiated, the server determines a residual value for each item in the portfolio by identifying a corresponding one of the item types, retrieving the residual value curve corresponding to the identified item type, and determining a future value of the item based on the retrieved residual value curve for the corresponding item type. The server then aggregates the individual residual values into a residual value for the portfolio and enables access to this value. | 07-24-2014 |
| 20140207706 | Computer Implemented System and Method for Aggregating, Analyzing and Distributing Information Corresponding to Retirement Plans - A computer implemented system and method for aggregating, analyzing, and distributing information corresponding to retirement plans offered to users have been disclosed. The system includes a database adapted to store at least authentication credentials and payroll information corresponding to users. The system includes a configuration sub-system adapted to configure the retirement plans based on pre-defined rules. The retirement plans are offered to users subsequent to determining, based on the payroll information corresponding to users, whether the users are eligible for a retirement plan. The users who have been identified as eligible are automatically enrolled onto the retirement plan via an enrollment module. The system also enables the users to initiate investment transfers between various plans, reallocation of investments within the same plan and rebalancing of investments within the same plan. The system also allows the plan sponsor/administrator to timely rectify exceptions if any using a user interface. | 07-24-2014 |
| 20140214718 | Methods, systems and computer program products to facilitate the hedging, risk management and trading of derivatives contracts - This invention relates to methods, systems and computer programs product to facilitate the hedging, trading and risk management of derivatives contracts on one or more underlying via the introduction of Basis instrument Contracts (BICs). | 07-31-2014 |
| 20140214719 | SYSTEM AND METHOD FOR PROVIDING A CUSTOMIZED OPTIONS VALUATION LATTICE - A method and system that allows the valuation of financial, exotic, employee, and strategic real options using a family of highly flexible and customizable lattices, where the method can be used to solve real-life situations and conditions or to value financially engineered situations. The method uses specialized algorithms to solve complex and large models very quickly, and also allow simulation to be run on the inputs. | 07-31-2014 |
| 20140214720 | Financial Options System and Method - A method and system that allows the valuation of financial, exotic, employee, and strategic real options using a family of highly flexible and customizable lattices, where the method can be used to solve real-life situations and conditions or to value financially engineered situations. The method uses specialized algorithms to solve complex and large models very quickly, and also allow simulation to be run on the inputs. | 07-31-2014 |
| 20140214721 | SYSTEM AND METHOD FOR DISPLAYING AND ANALYZING FINANCIAL CORRELATION DATA - A method for displaying a matrix of correlations or other statistical measures of co-movement associated with a plurality of financial instruments, portfolios, indices, or asset classes is disclosed. The method includes: converting the matrix of correlations or other co-movement measures into a probability transition matrix; defining a corresponding abstract distance measurement between any two of the plurality of financial instruments, portfolios, indices, or asset classes based on the probability transition matrix; assigning coordinates in a Euclidean space to each of the plurality of financial instruments, portfolios, indices, or asset classes, wherein a Euclidean distance between any two financial instruments, portfolios, indices, or asset classes in the Euclidean space corresponds to the corresponding abstract distance measurement; and displaying on a display device the plurality of financial instruments, portfolios, indices, or asset classes based on more significant dimensions of the Euclidean space. | 07-31-2014 |
| 20140214722 | REAL TIME EVALUATION OF FINANCIAL RETURNS BASED ON NEARLY ELLIPTICAL MODELS - A computer-implemented method for forecasting losses in a financial portfolio includes estimating parameters of an autoregressive-moving-average generalized-autoregressive-conditional-heteroscedastic (ARMA-GARCH) model for each individual asset in a financial portfolio by performing a parallel maximum likelihood estimation, estimating parameters of a copula dependence structure for standardized residuals of the ARMA-GARCH model, and estimating a Value-at-Risk (VaR) for the financial portfolio from the ARMA-GARCH model parameters and the copula dependence structure parameters. | 07-31-2014 |
| 20140214723 | METHOD AND SYSTEM FOR A PENSION FUNDING DERIVATIVE - A system and method for developing a pension funding derivative, particularly wherein both interest rate changes and equity returns are taken into consideration so as to mitigate risk. | 07-31-2014 |
| 20140214724 | FUNDING CAPITAL PROJECTS - Methods are disclosed which use an entity-based investment architecture to finance, in part or in whole, one or a series of projects of a parent company (or its Affiliates) to exploit a company's Protected Technologies, together with operational and administrative tools and machines to manage the investment architecture and related operations. These methods generally tend to reduce the likelihood of diluting the ownership interest of existing equity holders of the parent company or an Affiliate of the parent, as well as the likelihood of needing to separately raise investment funds for each individual project. | 07-31-2014 |
| 20140222713 | Computer-implemented method for transforming bank-owned real property assets and or /bank held mortgage notes receivables suitable for refinancing into a negotiable hybrid mortgage asset-backed security - A method for transforming bank-owned real property assets and/or bank held mortgage note receivables, suitable for refinancing, into a negotiable hybrid mortgage/asset-backed security. The method includes providing a bank mortgage at a below-market mortgage rate for purchase of the real property or refinance by the mortgagor. The bank mortgage, having a face value, is assigned to a secondary market buyer at a market price less than 120% of the mortgage face value and greater than 30% of the mortgage face value. The face value minus the market price defining mortgage note equity. Using the mortgage note equity or a ratio of 33% of the mortgage face value, a negotiable government security is purchased by the secondary market buyer. The bank mortgage note and government security are then securitized into a single negotiable hybrid security suitable for pledging to a central bank as collateral securing a loan to recycle the process. | 08-07-2014 |
| 20140222714 | Method and System for Evaluating Target Date Funds - The invention generally concerns systems, methods, and apparatus wherein a computer may receive information concerning a group of target date funds from a database. Information about the target date funds may comprise information about the glide path and the target retirement date of that fund. A diversification level of each of the target date funds may be determined from the received information. An equity ratio may also be determined for each of the target date funds using the received information. In some instances, the equity ratio may be based upon the amount of equity projected to be owned by the target date fund upon the target retirement date. After determining an equity ratio and a diversification level, a summary of the group of funds is output for review by a user. The summary may include a summary or graph of the diversification levels and equity ratios of the target date funds. | 08-07-2014 |
| 20140222715 | Methods and systems for providing preferred income equity replacement securities - In one aspect, the invention comprises a method comprising issuing perpetual preferred securities that provide non-cumulative dividends with a fixed liquidation preference; wherein valuation of the securities upon redemption or conversion is based on market value of a specified number of common shares, and wherein the securities are operable to receive treasury stock method accounting. In various embodiments: (1) the securities receive C or D Basket treatment from Moody's; (2) the securities receive treasury stock method accounting because, upon conversion or redemption, common shares are issued only with respect to the valuation of the securities in excess of the fixed liquidation preference; and (3) upon conversion or redemption the number of common shares is equal to (A×B−C)/B, where A=a conversion rate, B=price per share of the common shares, and C=the fixed liquidation preference. | 08-07-2014 |
| 20140222716 | Methods And Systems For Processing Debt Portfolios - Disclosed herein are systems and methods for forming an organization. Also disclosed herein are systems and methods for evaluating a debt portfolio. An exemplary method can comprise receiving a debt portfolio having a plurality of accounts. The method can comprise identifying predictive data for one or more of the plurality of accounts. The method can also comprise comparing one or more accounts in the debt portfolio to one or more accounts in a debt collection history based on the predictive data. The method can further comprise determining a predicted collection value based on the comparing the one or more accounts in the debt portfolio to the one or more accounts in the debt collection history. | 08-07-2014 |
| 20140222717 | PROCESSING SECURITIES-RELATED INFORMATION - Embodiments of the invention provide techniques for improving clarity of disclosure materials provided to investors, by enabling securities issuers, intermediaries and/or other entities to create and disseminate clear and concise summary-level information on individual securities to investors to enable informed investment decisions. The information may include a summary version of the full statutory prospectus (a “summary prospectus”). A summary prospectus may include a concise, “plain English” synopsis and/or representation of certain information contained in the full statutory prospectus, such as a security's investment objectives and strategies, costs, to risks and/or other information. | 08-07-2014 |
| 20140236859 | ENVIRONMENTAL, SOCIAL AND CORPORATE GOVERNANCE LINKED DEBT INSTRUMENTS - Systems and techniques for structuring and analyzing a fixed-income security are disclosed. The fixed-income security includes a coupon that provides at least a variable rate of interest payment over a time interval. The variable rate of interest payment may be based at least in part on a set of environmental, social, and governance (“ESG”) goals defined for an issuer over the time interval. A set of ESG values associated with performance of the issuer and corresponding to the set of ESG goals may be reported, independently audited, and used to determine the variable rate of interest payment provided by the security. | 08-21-2014 |
| 20140236860 | system allowing banks to diversify their loan portfolios via exchanging loans - A method of measuring concentration capital in a bank's loan portfolio and facilitating exchanging of loans, is described. Banks exchange their loans with each other in order to reduce their portfolio's concentration capital and keep within their lending limits. The banks exchange loans in their portfolio using Web pages over the internet or via spreadsheets. The present invention also allows a bank to originate a loan with another bank, thereby avoiding concentration capital and breaching credit limits The present invention also facilitates the securitization of loans from their portfolio into vehicles that include Collateralized Debt Obligations, thereby again reducing concentration capital and adhering to credit limits. By exchanging loans, the diversification of the bank's portfolios protects the bank from the chance of a large financial “systemic event”, industry category, or group of borrowers, to which the bank would currently be exposed. It also reduces the concentration capital needed. | 08-21-2014 |
| 20140236861 | OPTION PRICING MODEL FOR EVENT DRIVEN CALL AND PUT OPTIONS - Systems and methods are provided for valuing event driven option contracts. A jump diffusion based model, such as a Merton jump diffusion based model, is modified to assume arithmetic movement of an underlying price and a single jump. The arithmetic movement of the underlying price may be modeled with a Bachelier based arithmetic model. Calculated values may be used to determine margin account requirements. | 08-21-2014 |
| 20140236862 | Object Oriented System for Managing Complex Financial Instruments - Object oriented design strategies and patterns are applied to financial data processing systems for processing and modeling of financial products (also referred to as financial instruments) with an emphasis being on derivative products. The system employs valuation independent, well-defined financial components (also referred to as financial events) that can be combined to build new financial structures. A general purpose software model is provided for representing the structure and characteristics of these products. A declarative specification language is provided to describe financial instruments in a consistent manner that lends itself to processing in such an object oriented system. A general traversal process is provided that can be applied to the macro structure of a financial instrument to implement various functions that produce results based on such information, such as the stream of financial events associated with the instrument, or the pricing or valuation of the instrument. Techniques including double dispatch and other mechanisms are further provided to provide flexible means of associating the appropriate processing methods with the diverse range of instrument characteristics that are encountered in a typical financial institution's course of business. | 08-21-2014 |
| 20140236863 | SYSTEM AND METHOD FOR DE-RISKING A PENSION FUND - A system for de-risking a pension fund, the system including: an input module for receiving asset class forecasts; a modeling module for modeling a plurality of portfolios based on the asset class forecasts to provide a de-risking framework; an asset mix module for receiving an asset mix for each of the model portfolios based on the de-risking framework; a database for storing data related to the asset class forecasts, the model portfolios, and asset mix; a processor configured to monitor the model portfolios for performance within the de-risking framework by: calculating an indicator of funded status volatility; comparing the indicator with a benchmark; and reporting the result. In particular, the indicator of funded status volatility is a liability tracking error and the benchmark is the liability tracking error of a conventional or standard pension portfolio. | 08-21-2014 |
| 20140236864 | ALLOCATING FINANCIAL RISK AND REWARD IN A MULTI-TENANT ENVIRONMENT - Multi-tenant resources can be funded using payment submitted with requests for those resources, such that the resources do not need to be associated with a specific user account. A resource can be allocated and available as long as payment has been provided. If a user wants the resource to be available for additional processing, for example, the user can submit another request with additional funding. The funding can come in the form of donations from any user, or in the form of investments where the investor expects some return on the investment in the form of revenue, visibility, or other such compensation. One or more management components can track funding for various resources, can accept and select bids for period of sponsorship, and can manage various donation models. | 08-21-2014 |
| 20140236865 | Licensed Electronic Investment Portfolio Management Bidding System - A licensed electronic investment portfolio management bidding system running on a computing device comprises of a website interface allowing an owner of investment portfolios to list their investment portfolio in a directory or post the investment portfolio in an investment marketplace. Approved financial advisors may submit requests to manage an investment portfolio listed or bid on a listed investment portfolio. The portfolio owner awards management to a financial advisor and transfers ownership of the portfolio to a controlling company which grants access to the awarded financial advisor. The present invention allows an investment portfolio owner to place their investment portfolio up to be competed for by financial advisors. | 08-21-2014 |
| 20140236866 | SYSTEMS AND METHODS FOR PROVIDING SHARE ASSESSMENT DATA WITH PRICE AND VALUE ANALYSIS - A computer-implemented method for providing share assessment data, the method including: maintaining access to a repository of data for a plurality of shares, wherein the data includes, for each share: (e) data indicative of a share price rating; and (f) data indicative of a share quality rating; and providing a client interface configured to display a plurality of charts, wherein each chart provides, for each of a selection of the shares, respective graphical markers thereby to illustrate the attributes of each share in the selection relative to a set of assessment dimensions; wherein, for each share, the graphical marker has a visual feature determined by the relationship between the respective share price rating and share quality rating; and wherein for each share the graphical marker has the same or a corresponding visual feature across the plurality of charts. | 08-21-2014 |
| 20140244540 | SYSTEM FOR REAL TIME CONTINUOUS DATA PROCESSING FOR INVESTMENT PORTFOLIOS - A real time continuous data inputting, processing, scanning and displaying system for financial data and inputting variable boundaries of data for a variety of desired data characteristics. The process displays when the data characteristics fall outside their respective variable boundaries. Real time financial markets data and conventional data inputs are input into the system which is comprised of conventional and new computer processor enabled processes, clusters of central processing units, a report writer, terminal device, data disk, and interface. The data disks and real time financial market data and conventional data inputs and outputs are continuously referenced during the scanning process for exceptions to the boundaries of desired data characteristics. | 08-28-2014 |
| 20140244541 | CONVERSION AND LIQUIDATION OF DEFAULTED POSITIONS - A method of liquidating defaulted positions associated with centrally cleared financial product is disclosed. The method includes identifying a defaulted position associated with a centrally cleared financial product, calculating a value differential between the defaulted position and a standard position, offering the value differential and the standard position to a party such that the value differential and the standard position represent a converted position, and settling the converted position upon acceptance of the offer by the party. | 08-28-2014 |
| 20140244542 | SYSTEMS AND METHODS FOR PROVIDING SHARE ASSESSMENT DATA WITH CAPITAL ANALYSIS - A computer-implemented method for transforming share assessment data thereby to provide return on equity assessment data, the method including: maintaining access to a repository of data for a plurality of shares, wherein the data includes, for each share, company performance data for the company in respect of which the share is issued; receiving, from a client, a capital history assessment request for a given one of the shares; obtaining from the repository, for the user-selected share, values for a set of data fields associated with the given one of the shares, wherein the values are indicative of, for one or more historical periods, a profit quantifier, one or more equity quantifiers, and a debt quantifier; determining a return on equity quantifier for each of the historical periods, wherein the return on equity quantifier is derived from the profit quantifier and at least one of the equity quantifiers; defining data indicative of a chart to be displayed by the client, wherein the chart displays in graphical form, overlaid on common axes, for each historical period, at least one equity quantifier, the debt quantifier, the profit quantifier and the return on equity quantifier; and providing the defined data to the client thereby to allow generation of the chart. | 08-28-2014 |
| 20140250029 | SUPPORT SYSTEM AND COMPUTER READABLE NON-TRANSITORY RECORDING MEDIUM HAVING PROGRAM RECORDED THEREON - A support system includes a display device that includes a display screen, a storage device, and a processing device that is connected to the display device and the storage device and that causes the display device to carry out processing to display an indicator display section on the display screen, the indicator display section displaying an indicator that indicates a price reversal timing within a predetermined period with time on the horizontal axis based on information stored in the storage device indicating the price reversal timing, and being configured, when being displayed to be superimposed on another image displayed on the display screen, to allow the other image to be visible through the indicator display section. | 09-04-2014 |
| 20140250030 | METHOD AND APPARATUS USING DEBT OR EQUITY FOR MAKING FINANCIAL TRANSACTIONS ECONOMIC - A business method and system work to create an observable, verifiable and tangible result that can prevent the default of financial transactions by creating a separate income generating Private Equity Portfolio Asset Base that can be financially relied upon prior to a financial default. The self-insured, income generating Private Equity Portfolio is created contemporaneously by the select equity creator plus (SECP) at the time of the underlying transaction's closing, providing contemporaneous liquidity upon the execution of the underlying transaction. Once the underlying transaction is secured, the additional value created by the SECP, vis-à-vis the Private Equity Portfolio, may be used for other financial purposes unrelated to the original underlying transaction. The user of the SECP has a direct and additional financial benefit from the Private Equity Portfolio Asset Base in tandem with the counterparty to the financial transaction. | 09-04-2014 |
| 20140258174 | Method and System for Stock Valuation and Positional Risk Analysis of Company Stock - A system for assessing company valuation and positional risk of a stock price includes a storage device for receiving a current company earnings value for a stock, a current stock price, a desired rate of return, and a selected growth analysis time period, and an application processor executing instructions to determine an equity discount rate based on the greater of either a benchmark interest rate plus an equity premium or a floor equity discount rate where the application processor executing instructions to determine an implied earnings value based on a current stock price and the equity discount rate. The system further includes a graphic display device for displaying a visually intuitive graphical user interface for assessing company valuation and positional risk of a stock price including an interactive priceline assessment tool, and an interactive required earnings projection tool, each having graphically adjustable values. | 09-11-2014 |
| 20140258175 | Generating Personalized Investment Recommendations - Disclosed herein are system, method, and computer program product embodiments for generating personalized investment recommendations. An embodiment operates by determining a high level asset allocation for a user, generating a baseline asset allocation based on current market data and performance analysis, adjusting the baseline asset allocation based on one or more user parameters, formulating an optimal asset allocation profile across one or more axes, and selecting particular assets satisfying the optimal asset allocation profile. | 09-11-2014 |
| 20140258176 | SYSTEM AND METHOD FOR DYNAMIC VISUAL REPRESENTATION OF ESTIMATED FINANCIAL DATA - A system and method provides for visual analysis of graphical representations of financial data including one or more processing devices operative to perform processing operations including electronically generating a graphical display for a plurality of historical financial data, including the graphical display of values of the financial data over a first time interval. The method and system further includes electronically generating a technical overlay based on the historical financial data and incorporating it within the graphical display. The method and system receives a user input of estimated financial data estimating financial data values over a second time interval, therein updating the technical overlay based on the estimated financial data, including the technical overlay within the second time interval and updating the graphical display including the estimated financial data and the updated technical overlay. The method and system further updates the graphical display with the updated technical overlay. | 09-11-2014 |
| 20140258177 | SYSTEM AND METHOD FOR DETECTION AND DISPLAY OF DIVERGENCE WITHIN A FINANICAL DATA SET - A system and method provides for the detection of divergence within a financial data set including receiving a plurality of financial data points from a financial data set providing values of the financial data points over a first time interval. The method and system electronically generates a graphical display of the financial data points over the first time interval and receives a user selection of a plurality of technical indicators applicable to the financial data points, as well as electronically applying the technical indicators to the financial data points to generate technical indicator data points and electronically detecting at least one divergence between the values of the financial data set and the financial data indictor points during a second time interval. Wherein, the method and system updates the graphical display to include a graphical display of the least one divergence concurrent with the financial data points and technical indicators. | 09-11-2014 |
| 20140258178 | Selling Income from Tax Deferred Investments - A machine manufacture, process, composition and product produced thereby. Representatively there can be a computer-aided method for assist person to save sufficient amounts to fund an adequate retirement income the method including the automatic adjustment of amounts saved to increase the probability of achieving a projected income in retirement. | 09-11-2014 |
| 20140279678 | Automated Cash Leveraging Facility to Provide Available Cash from Sweep Investments for Margin Financing - A computer-implemented trade and order management system that enables cash movement for providing margin financing to customers in brokerage accounts utilizing sweep vehicles on a cost-effective and efficient basis to provide expanded access to capital for brokerages. The computer-implemented method issues sells and buys of the cash sweep vehicles on a daily basis to generate cash and free credits in customer accounts or to reduce free credits and add to the sweep vehicle position in the accounts. The goal is to match the amount in the aggregate across all accounts of free credits with the aggregate of customer debits so as to result in a net zero free credit to customer debit position for the brokerage. This method involves a daily calculation across all pertinent accounts. | 09-18-2014 |
| 20140279679 | Multi-Factor Investment Fund Rating Scoring System And Method - A system of and method for generating investment fund rating scores using a number of factors including criteria related to risk factors, performance, and qualitative factors. Historical weighting is provided to minimize the effect of short-term fluctuations, and the various factors are also weighted to establish the relative contributions of each of the evaluated factors. The ratings can be used to select, evaluate, and monitor mutual funds. | 09-18-2014 |
| 20140279680 | SYSTEMS AND METHODS FOR PROVIDING ASSET-BACKED SECURITIES - Systems and methods are provided for creating and managing securities backed by assets from a variety of municipal jurisdictions. A cash flow determination module within a computing system receives cash flow information indicative of cash flows associated with a plurality of municipal securities. The plurality of municipal securities is associated with a plurality of municipal jurisdictions. A tranche requirements determination module within the computing system creates an investment program based on the cash flow information. An asset structuring module within the computing system causes the investment program to be provided to a multi jurisdictional municipal bond issuer, where the multi jurisdictional municipal bond issuer is authorized to issue municipal bonds for the plurality of securities associated with the plurality of jurisdictions. | 09-18-2014 |
| 20140279681 | AUTOMATED INVESTMENT PORTFOLIO MANAGEMENT - A computer-implemented asset management method automatically selects, creates, and maintains individual portfolios for investors. The method includes: receiving from a client, via one or more computer systems, a client plan that includes risk information indicative of a relative risk desired by the client; receiving client funds for investment; creating asset profiles for individual investment assets, respectively, at least some of the individual investment assets being securities; selecting for the client a personal subset of the investment assets based on the client plan and the asset profiles of the individual assets in the personal subset; and creating a personalized client portfolio of assets by automatically investing the client funds in the personal subset of the investment assets. | 09-18-2014 |
| 20140279682 | SYSTEM AND METHOD FOR MANAGING CROWDFUNDING PLATFORM INFORMATION - A system and method of collection, management and provision of information relating to various types of investment platforms is disclosed. In one aspect, the system provides a useful way for users to search, filter, compare, and display information relating to investment platforms. In another aspect, the system collects information relating to the user and their proposed venture. In another aspect, the system matches ventures with investment platforms. The system is also capable of matching users with investment ventures. The system also provides a comprehensive information database relating to investment platforms. In another aspect, the system connects users with professional services based on the users' activities and industries. In another aspect, the system validates users and investment opportunities for certain criteria to ensure integrity and trustworthiness of the system. | 09-18-2014 |
| 20140279683 | Performance Evaluation Of Mortgage Portfolios - Systems and methods for mortgage portfolio evaluation are provided. Some embodiments of the present invention use a synthetic pool model as part of the process for evaluating and pricing mortgage servicing rights (MSR). In some embodiments, the synthetic pool model can identify a static pool of loans from the servicing portfolio (e.g., portfolio of residential mortgages) with collateral characteristics similar to the loans in the bid pool. Performance reports can then be created from the synthetic pool in order to estimate the performance of the loan servicer based on actual historical performance of a portfolio with similar characteristics. In addition, these reports can quantify performance assumptions for use in an MSR pricing model. | 09-18-2014 |
| 20140279684 | SYSTEM AND METHOD FOR DETERMINING AND UTILIZING SUCCESSFUL OBSERVED PERFORMANCE - In embodiments, a message retriever accesses a plurality of messages and a message filter identifies, within the accessed messages, a set predictive messages. The risk/return-related messages are analyzed to identify associated return advisors. The return advisors are evaluated and ranked according to advisor scores, and risk/return-related decisions referenced in the messages are also identified, evaluated, and ranked. The ranked return advisors and decisions are used to facilitate assessment of future performance of an item or entity. | 09-18-2014 |
| 20140279685 | SYSTEM AND METHOD FOR MONETIZING AN EXTERNALITY - A method is disclosed that includes calculating by an intermediary, using a computing apparatus, an estimated social dividend achieved as a monetization of an externality accruing to the public. The method further includes advancing funds, by a partaking entity, related to the externality. The method also includes paying, by the intermediary, the social dividend as estimated. The method further includes receiving, by the partaking entity, an incentive for advancing funds related to the externality. | 09-18-2014 |
| 20140279686 | SYSTEMS AND METHODS FOR CONFIGURING AND MODIFYING OFFERINGS AND/OR ASPECTS OF OFFERINGS - The invention generally relates to systems, methods and/or programmed products that can be used for configuring and/or modifying offerings as well as aspects of offerings using participated and/or accepted offer units, related groups of offer units, variables associated with groups of offer units, pricing scales, premiums, discounts, and/or discounts based on aggregated accepted volume, to name a few. The configurable and/or modifiable offerings can include one or more groups of offerings comprising a plurality of offer units. When all of the offer units are participated and/or accepted, then participated and/or accepted offer units at a lower price point and/or having a less desirable variable can be replaced by other accepted for requests to participate having a higher price point and/or more desirable variable. | 09-18-2014 |
| 20140279687 | SYSTEM AND METHOD FOR PLAN INVESTMENT MANAGEMENT - A method and system for plan investment management are provided. The method includes: determining criteria for analysis of a plurality of funds; weighting the criteria; analyzing the plurality of funds, wherein analyzing includes: retrieving fund data with respect to each fund of the plurality of funds; analyzing the fund data in relation to the weighted criteria; ranking each fund based on the analysis. The method also includes: reporting the ranking of each fund of the plurality of funds; and selecting funds for the plan. The system includes: a monitoring module for retrieving fund data with respect to each fund of a plurality of funds; an analysis module configured to determine and weight criteria for analysis of each fund within the plurality of funds, the analysis module further configured to analyze the fund data in relation to the weighted criteria and rank each fund based on the analysis; a reporting module configured to rank each fund within the plurality of funds; and a selection component configured to select funds for the plan. | 09-18-2014 |
| 20140279688 | Dollar Depository Receipts and Electronic Friends Trading and Repo Transactions - According to various embodiments, systems and methods are provided for creating and managing a group account, e.g., via a social network platform. A first user may request to create an account. The first user may designate a plurality of accountholders for the account and a subset of accountholders authorized to transact trades and other transactions for the account. The first user may also specify rules governing how accountholders may be added or removed from the account. The account may be activated. An authorized trader may conduct trades and other transactions on behalf of the account, such as repo transactions and the trading of Dollar Depository Receipts. Accountholders may be added or removed in accordance with the rules. | 09-18-2014 |
| 20140279689 | HYBRID RESIMULATION-REGRESSION METHODS FOR DETERMINING POTENTIAL FUTURE EXPOSURE (PFE) - A method for use in counterparty credit risk management systems and products to determine or calculate potential future exposure (PFE) for exotic financial investment products including some derivative products. In the method, Monte Carlo simulation is used to generate PFE scenarios. Because PFE calculations can be quite computationally demanding when the pricing model also uses Monte Carlo simulation, the method uses least squares regression with a state space sampling approach as part of the PFE determination process. Using regressions for PFE calculations may generate new or additional challenges, and the method, and systems implementing the method, include tools or processes to address these regression-related issues. Testing of the method was performed using examples of exotic interest rate products, and the numerical results are presented in the disclosure. | 09-18-2014 |
| 20140279690 | Managing Sustainable Intellectual Property Portfolio of an Enterprise - The present subject matter describes a method and a system for managing sustainable intellectual property (SIP) portfolio of an Enterprise, which comprises generating, by a processor, a sustainable intellectual property (IP) in atomicity of the Enterprise based on a set of sustainability differentiators. The sustainability differentiator is obtained, based on at least one of a strength parameter, a spread parameter, a duplicity parameter, and a difference parameter Further, a plurality of decomposed fragments of intellectual property landscapes are obtained by analyzing the sustainable IP in atomicity based on a plurality of intermediate datasets and data structures. The method further comprises creating a sustainable and optimized IP portfolio for the Enterprise by processing at least one of the sustainable IP in atomicity and the plurality of decomposed fragments based on optimization parameters and at least one multiple objective portfolio optimization function. An integrated system is developed that enables the method in totality. | 09-18-2014 |
| 20140279691 | SYSTEMS AND METHODS FOR FINANCIAL PROPOSAL GENERATION - Systems and methods that receive personal and/or financial information associated with a customer and a proposed financial action are disclosed. Based, at least in part on the received information, and iterative analysis of the financial implications of the proposed financial action, a financial proposal is generated. The financial proposal may provide insight into one or more optimized times and/or optimized amounts for executing the proposed financial action. | 09-18-2014 |
| 20140279692 | OPTIMIZING RETURN ON INVESTMENT IN REAL PROPERTY - The present invention is directed to a system and method comprising an expert system that provides a logical step by step decision making support system that assists and guides an actual or potential real property investor, borrower, lender, appraiser, or assessor in optimizing the components of return on a real property, investment or loan, that is embodied in a computer-implemented web-based environment. The method of the present invention contains six major phases—Qualifying, Valuation, Developing and Deciding on Alternatives, Marketing, Negotiation and Closing, and the Post Closing Phase. The system guides the user in ordering and executing the method steps within each of the six major phases. The principle advantage of this invention is that the method of the present invention is a decision support system that provides those transacting business in these market a means of optimizing their return on investment by reducing transaction cost, time, uncertainty, and risk. | 09-18-2014 |
| 20140279693 | Goal-Based Portfolio Management System - A method for providing goal-based portfolio management with a server is provided. User input is received at the server. The user input includes investment goals and portfolio information. An asset allocation and investment strategy based on the received user input is automatically determined with the server by assigning the user to a target portfolio asset allocation, a glide path, and a set of specific recommendations. The glide path is dependent upon at least one of the investment goals received from the user. The glide path includes at least one shift from a first portfolio to a second portfolio different from the first portfolio as a user encounters risk exposure changes while moving towards at least one of the investment goals. The asset allocation and investment strategy are provided from the server to a user interface of the user. | 09-18-2014 |
| 20140279694 | METHOD AND DEVICE FOR FACILITATING FINANCING FOR PROJECTS - A method and apparatus for facilitating a financing process for clean energy and other projects employing software, process automation, project management, electronic communications, a pre-screening means, a vetting means, a project to investor matching means, and a due diligence system. | 09-18-2014 |
| 20140279695 | SYSTEM AND METHOD FOR RATING AND SELECTING MODELS - Computer-implemented method and system are provided to identify superior models relative to a benchmark model in a step-wise fashion while reducing data snooping bias and increasing the test power. The data snooping bias may be reduced or avoided by controlling, in a step-wise fashion, a measure of error such as generalized family-wise error rate (FWER) and/or false discovery proportion (FDP). The test power of the method may be increased by relaxing the generalized FWER to tolerate more falsely rejected models and applying re-centering techniques to account for the inclusion of potentially “poor” models in the evaluation. | 09-18-2014 |
| 20140279696 | ASSET DATA MANAGEMENT SYSTEM AND METHOD - A financial planning and advice system that relates to asset data management and analysis, trading methodologies, and efficient transmission and storage of asset data based on user preferences for specific monetary outcomes. The system can collect information about an individual's assets and the individual's preferred asset allocation and can determine trades that, when made, will change the current asset allocation to more closely match the goal asset allocation. This information can then be exported to an external trading platform in the market. | 09-18-2014 |
| 20140279697 | SYSTEM AND METHOD FOR OPTIMIZING COLLATERAL MANAGEMENT - A computer-implemented system and method for managing collateral allocations associated with Tri-Party repurchasing agreements and a collateral allocation system includes one or more processors and memory/database configured to store user-definable rulesets and collateral characteristics relating to the Tri-Party repurchasing agreements. A collateral allocation module recalls collateral from the Tri-Party repurchasing agreements to a common Dealer Box, and reallocates the collateral to the Tri-Party repurchasing agreements utilizing a self organizing map, so as to minimize margins to reduce over-collateralization and/or undercollateralization. Other considerations, such as basket identifiers and cost of carry considerations may be weighed in the reallocation as well. | 09-18-2014 |
| 20140279698 | SYSTEMS AND METHODS FOR MULTIVARIATE SORTING OF FINANCIAL DATA - Systems, methods and computer program products providing a multivariate sorting solution for presenting financial instrument data using multiple concurrent sorting methods including server-side, client-side, and color assist. The multivariate sorting solution for financial data generally includes a datacenter receiving financial market data. A datacenter server of the datacenter may use mathematical algorithms to analyze, sort, and prioritize the market data. The datacenter server may then make the analyzed, sorted, and prioritized data available for the client-side financial data application running on the end users computer. The data may be dynamically sorted again on the client application's display on the end users computer, and an additional color sorting scheme may be applied to the data list displayed on the end user's computer for improved visualization of the data. | 09-18-2014 |
| 20140279699 | FINANCIAL ADVISORY SYSTEM - A system for providing investment metrics of an investment based on a multi-period time span, the system comprising a system for providing a first measure comprising a first ratio of the number of periods in which a return of the investment within the multi-period time span meets or exceeds a Goal Oriented Target (GOT) to the total number of periods within the multi-period time span and a system for providing a second measure comprising a second ratio of the total amount of surpluses within the multi-period time span to the total amount of surpluses and gaps within the total number of periods in the multi-period time span. | 09-18-2014 |
| 20140279700 | PAY PLAN SYSTEM AND METHOD FOR MITIGATING RISK AND IMPROVING EMPLOYEE COMPENSATION - Some embodiments of the invention include a novel pay plan system and method for mitigating risk and improving employee compensation. In some embodiments, the method converts a single pay raise into an employer contribution to a 401a Plan, thereby causing the effect of this pay raise to become significantly larger in its monetary amount. In some embodiments, the method transforms 401a matching plans to fully serve public schools by combining both a retirement supplement plan and a compensation enhancement plan into a single plan. | 09-18-2014 |
| 20140279701 | ASSET ALLOCATION BASED SYSTEM FOR INDIVIDUAL INVESTOR PORTFOLIO SELECTION - A system for implementing an investment methodology that uses expertly managed funds to automatically manage the investments in a retirement account to take into account various investor information, including the investor age, beneficiary status information, projected retirement plans, among others. The methodology allows use of target-date age-based funds, fixed risk/return funds, or both in a manner that can accommodate not only the investor's retirement plans and status, but also the status of the investor's beneficiaries. Also, the system can automatically implement dollar cost averaging for moving or otherwise purchasing investments in funds. | 09-18-2014 |
| 20140279702 | SOCIAL IMPACT INVESTMENT INDEX APPARATUSES, METHODS, AND SYSTEMS - Apparatuses, methods, and systems for calculating an investable index, including determining a non-financial impact metric associated with each company included in a predetermined group of publicly traded companies, comparing each one of the non-financial impact metrics to a predetermined threshold, creating a notional portfolio that includes only the companies in the predetermined group whose non-financial impact score meets the predetermined threshold, and calculating an index value based on at least a publicly available share price and the non-financial impact metric, for each company in the notional portfolio. | 09-18-2014 |
| 20140279703 | Systems and methods for parameter estimation for use in determining value-at-risk - A process is provided, that facilitates the use of value-at-risk analysis in industries with dynamic market data. The method utilizes past market data to estimate future market parameters. The method includes identifying and removing seasonal patterns from said past market data and normalizing deseasonalized market data with a repeated method of replacing large outliers with mean values. Outliers and normalized data are then grouped separately. Forecasts of normalized future market data and forecasts of future outlier patterns are then determined from said separate groups. In this way parameters used for value-at-risk analysis can be accurately estimated, leading to precise value-at-risk-analysis results. | 09-18-2014 |
| 20140279704 | MAPPING CONSUMER OWNERSHIP OF FINANCIAL ASSETS TO GEOGRAPHIC LOCALITIES AND COMPUTER-IMPLEMENTED METHODS AND COMPUTER SYSTEMS THEREOF - In some embodiments, the instant invention provides a programmed system that includes at least the following components: a computer programmed with software instructions that include: code to periodically receive financial data of a plurality of customers from a plurality of financial-related entities related to a plurality of financial assets, code to consolidate the financial data into a consolidated financial data; code to analyze the consolidated financial data with at least one address-matching program; code to associate each record of the consolidated financial data with a respective eleven digit postal code to result in an address-enriched consolidated financial data; code to anonymize the address-enriched consolidated financial data to form an anonymous address-enriched consolidated financial data; and code to link information of the anonymous address-enriched consolidated financial data across a plurality data relationship to form a consolidate household view for each respective eleven digit postal code. | 09-18-2014 |
| 20140279705 | COMPUTER PROGRAM, SYSTEM, AND METHOD FOR MAPPING SOCIAL SECURITY CLAIMING STRATEGIES - A non-transitory computer readable medium having a computer program stored thereon for directing operation of a processor. The computer program receives personal and financial data for a couple; accesses data for a plurality of Social Security claiming strategies for the couple based on the personal and financial data; and illustrates on a graphical display which of the Social Security claiming strategies would provide the maximum present value of benefits for multiple mortality combinations of the couple so that the couple or an advisor for the couple can quickly ascertain which claiming strategy would provide the maximum benefits for a particular mortality combination. | 09-18-2014 |
| 20140289163 | Method and Computer Program for Minimizing Trading Costs Subject to a Probability Criterion of Optimality Acceptability - Embodiments model a series of partial trades on an investment portfolio to reduce the optimality discrepancy relative to a target optimal portfolio, and determine whether a partially rebalanced portfolio along the trading path is within a predefined threshold of statistical optimality relative to the target optimal portfolio. Certain embodiments maximize the impact of partial rebalancing of a portfolio by maximizing reduction of an optimality discrepancy while minimizing the trade cost function along the trading path from the initial portfolio toward the target optimal portfolio. | 09-25-2014 |
| 20140289164 | Trading Platform for Invoice Spread Products - A system and method for providing improved functionality to an invoice spread swap platform includes functionality for determining parameters associated with a potential invoice spread swap transaction, such as automated determination of swap and bond DVO1 values, as well as normalizes the transaction notional amount as a result of the calculated DVO1 values. The system may also be implemented in a method of implementing invoice spread swap transactions, as well as computer instructions which when executed implement invoice spread swap transactions including automated determination of swap and bond DVO1 values, as well as normalizes the transaction notional amount as a result of the calculated DVO1 values. | 09-25-2014 |
| 20140289165 | METHOD AND SYSTEM FOR GENERATING STOCK PRICE ALERTS BASED ON REAL-TIME MARKET DATA - The embodiments herein provide a system and methods for generating stock price alerts based on real-time market data. The system comprises a user mobile device with a mobile application, a central server, and an alerting module. The alerting module tracks and monitors stock price of the stocks to provide an alert with respect to the stocks on periodic intervals based on preset conditions and parameters. The alerting module comprises a feed engine for monitoring the stock exchanges to downloads all the information related to the stocks as feed packets in the central server, a periodic alert engine and a conditional alert engine for processing the feed packets to provides alerts based on the preset alert conditions and an updating engine for updating the matched stock condition and information in a database for a permanent record. | 09-25-2014 |
| 20140289166 | INVESTMENT SCORING AND MANAGEMENT SYSTEM AND METHOD - A method of real time assessment of an aggregated investment portfolio requiring a computer coupled to a database of statistical financial data includes querying the database and retrieving a set of data points associated with a plurality of investments; controlling the processor to sort like-kind investments of the plurality of investments into an investment type and storing the plurality of investments in a system database; receiving via an electronic user interface data associated with at least one user investment; querying the system database via the processor to match each of the at least one user investment with the set of data for one of the plurality of investments; deriving an investment score for each of the at least one user investment using the processor to compare and rank the set of data points for each user investment against all the sets of data points for the plurality of other like-kind investments. | 09-25-2014 |
| 20140297560 | METHOD AND SYSTEM FOR REBALANCING INVESTMENT PORTFOLIOS THAT CONTROL MAXIMUM LEVEL OF ROLLING ECONOMIC DRAWDOWN - A computer-implemented method and electronic system periodically select portfolio weightings for each of the plurality of assets to rebalance the investment portfolio at a pre-specified frequency. With a risk free asset, the portfolio can be optimal by maximizing long term expected return rate while constraining the risk of losses within a pre-determined limit. | 10-02-2014 |
| 20140297561 | METHOD AND SYSTEM FOR ESTABLISHING, MONITORING, AND RESERVING A GUARANTEED MINIMUM VALUE RETURN ON SELECT INVESTMENTS - The present invention provides a method and system for assuring a minimal guaranteed return on long-term investments, such as mutual funds or variable annuities. The invention includes a method and system for pricing, administration, customer presentation, and reserving relating to the guaranteed minimum return assurance. In addition, the present invention includes a method and system for allowing individual investors to control and easily change their typical asset allocation strategies. In order to accomplish the minimum guaranteed return, the present invention also includes sophisticated projection techniques, such as Monte Carlo simulation of investment performance. The present invention also includes features that allow the tracking of payments and removal of overcontributions from selected accounts, use of reserving techniques, optimizing investment diversification, proposal, issue, and administration of variable annuity riders, such as guaranteed minimum variable income benefit riders and guaranteed minimum income benefit riders, linkable to guaranteed minimum death benefits, and establish a charge for the guarantee. | 10-02-2014 |
| 20140297562 | SYSTEM AND METHOD FOR ENABLING TRANSFER OF SYSTEMIC RISK EXPOSURE - A system and computer-implemented method of facilitating transfer of systemic risk exposure between a plurality of entities having asset portfolios with a sensitivity to one or more of a plurality of common risk factors, the method comprising: for each entity, receiving data representative of the risk appetite of that entity to provide or receive in relation to a counterparty an amount of protection against a given loss in connection with one or more of the said risk factors; and using said data representative of the risk appetites of said entities, matching counterparties to trade systemic risk exposure by way of one or more derivatives contracts for a relevant amount of said protection against a given loss in connection with one or more of the said risk factors. | 10-02-2014 |
| 20140297563 | Estimating Values of Assets - A body of information elements is maintained including facts, assumptions, and relationships, at least one element being generated from the others using the relationships and representative of an estimate of a value of, or a market size of a product or service associated with, an asset. The relationships each define how a resulting fact or assumption can be generated from at least one source fact or assumption. How at least one source fact or assumption can be generated from another source fact or assumption is defined in each of multiple instances by one of the relationships. The body of information is exposed through a publicly accessible communication medium on a non-discriminatory basis. On the communication medium, users are enabled to engage in moderated collective discussion concerning the information elements. Users are enabled to participate financially in contracts having values that are tied to the estimated value of the asset. | 10-02-2014 |
| 20140297564 | METHODS AND SYSTEMS FOR ANALYSIS, TRACKING AND MODIFICATIONS OF CALL OPTIONS ON DEBT ISSUANCES - A computer-implemented method that includes receiving on a computer system, a price of a debt issuance; where the price of the debt issuance includes a cost for purchase of an embedded call option; calculating on a computer system, an actual cost of the purchase of the embedded call option; comparing on a computer system, the cost calculation of the call option to a rule based system of an alternative option type and a corresponding cost of the alternative option type; and determining on a computer system, based on the comparing step, the type of option to be embedded with the debt issuance. | 10-02-2014 |
| 20140297565 | SYSTEMS AND METHODS FOR PROVIDING SHARE ASSESSMENT DATA WITH PLAIN LANGUAGE INTERPRETATION - A computer-implemented method for transforming share assessment data into plain language, the method including: | 10-02-2014 |
| 20140304190 | CASH SWEEP ACCOUNT PLATFORM SYSTEM AND METHOD - An integrated banking transaction services (IBTS) module receives an instrument from a client to initiate a brokerage transaction between a broker-dealer and an investment firm. The IBTS module transmits a notification message to a broker-dealer that the instrument was presented. The IBTS module receives a confirmation message from the broker-dealer that includes information as to whether to pay the instrument. If the instrument is to be paid, the IBTS module transmits information associated with the brokerage transaction to a sub-accounting engine. | 10-09-2014 |
| 20140304191 | METHODS AND SYSTEMS FOR UTILIZING INTELLECTUAL PROPERTY ASSETS AND RIGHTS - A method of utilizing an intellectual property grouping owned by a patent entity to generate income. The method includes acquiring rights in a first intellectual property asset from a seller on behalf of a patent investment entity, providing compensation to the seller in exchange for the first intellectual property asset, granting less than all of the rights in the first intellectual property asset to the seller of the intellectual property asset in exchange for a stream of payments, wherein granting less than all of the rights in the first intellectual property asset creates residual rights in the first intellectual property asset, and utilizing the residual rights in the first intellectual property asset to generate income for the patent investment entity. | 10-09-2014 |
| 20140304192 | METHOD AND SYSTEM FOR BUILDING AN INVESTMENT PORTFOLIO - Methods and systems are disclosed that enable the leveraging of financial instrument research at an individual financial instrument level but across multiple classifications of financial instruments to efficiently build an investment portfolio for an investor based on a desired portfolio objective through a plurality of graphical user interfaces (GUIs). | 10-09-2014 |
| 20140304193 | INCOME PRODUCT SELECTOR - A first income need is determined to meet essential expenses for a user during retirement, and a second income need is determined to meet discretionary expenses for the user during retirement. A default target income mix is calculated to meet the first income need and the second income need. The default target income mix is a set of weights of one or more classes of income generating products. Qualitative investment preferences are quantified for the user. The default target income mix is adjusted using the quantification of the qualitative investment preferences to form an adjusted target income mix including a second set of weights of the one or more classes of income generating products. | 10-09-2014 |
| 20140304194 | Independent Annuity Placement System and Method - A system and method for facilitating annuity transactions between annuity purchasers and providers via an annuities placement program accessible to the purchasers and providers. Purchasers enter quote solicitation information used by the annuity providers to establish a quote for an annuity. Annuity providers enter a quote in response to the quote solicitation information, and the quote is provided to the purchaser via the annuities placement program. The quote is customized to the annuity purchaser's quote solicitation information. Multiple quotes from multiple providers may be presented to the purchaser for ease of quote comparison. To facilitate such transactions, a discretionary group is established to be a contract holder for each participating annuity provider. A master group contract is established for each of the participating providers, each of which is written by a respective one of the participating annuity providers to the discretionary group to allow the discretionary group to be the contract holder for annuities purchased by the annuity purchasers. In response to an annuity purchase, a certificate of participation is issued to the purchaser from the provider under the terms of the master group contract of that annuity provider, which reflects annuity terms customized to the annuity purchaser. | 10-09-2014 |
| 20140304195 | Funding of Research & Development projects by selling financial interests in potential intellectual property rights of projects - A method of funding of Research and Development projects which allows financial market investors to invest in R&D projects. The method addresses the two existing problems of: (i) Lack of financial information with regards to R&D projects, and (ii) High risk of investments in R&D projects, faced by the financial market investors. The method comprises of doing a financial valuation of intellectual properties expected to result from the research projects, creating financial instruments representing ownership of financial interest in intellectual properties (thereby giving the choice to the investors to make investment as per their risk profile and reduce the perceived risk), pricing these financial instruments, producing financial information necessary for an investor to make investment in these instruments and offering the instruments for sale along with the financial information. Funds generated from sale of these instruments are then used for carrying out the R&D project further. | 10-09-2014 |
| 20140310199 | SYSTEM AND METHOD FOR HEDGING INDEX EXPOSURES - The present invention discloses an engineering solution to the automation of funding assessing and managing collateral dependent loans and indexed linked products. Equity Finance Mortgages (EFM's) are issued by financial institutions and have a return, either profit or loss, which is determined by the way residential real estate market rise or fall respectively. Financial index products sold by some financial entities are akin to bonds or term deposits and pay a return to investors which is linked to the performance of a house or home price index. Consequently, an EFM issuing institution can hedge its exposures to the residential real estate market by selling such financial index products so that profits or losses on the EFM's are offset by the losses or profits respectively of the index products. Methods of calculating an appropriate matching of the dollar value of the EFM's and index products are disclosed. Also disclosed is a vector or distance technique to determine if new EFM's having various characteristics should be added to the existing portfolio of EFM's | 10-16-2014 |
| 20140310200 | Social Investing Network (SIN) that uses mobile communication devices or personal computers to conduct business investments and social connectivity for the Crowd Funding Industry from within a single Network configuration by means of CrowdBoarding - A Social Investing Network (SIN) that uses mobile communication devices or personal computers to conduct business investments and social connectivity for the Crowd Funding Industry from within a single Network configuration. Social Investing is achieved by the use of CrowdBoards and Fixed Target Variable Level Crowdfunding (FTVLC) methodology. The SIN eliminates the need for Crowd Boarders to access and log into multiple sites to carry out these tasks and also offers tiered individual profiles for different users determined by user group selection and specific tasks administered within the Network. The social activities that take place and the title of these actions in pursuit of different CrowdBoards is herein referred to as “CrowdBoarding”. | 10-16-2014 |
| 20140310201 | Systems and Methods for Trading with Market Depth Information - Techniques for displaying market depth information for a financial instrument including a plurality of bid and ask order metrics at corresponding prices. A graphical representation of the market depth information, with axes corresponding to order metrics and price, is aligned with an expected profile, including an expected metric corresponding to one or more metrics including, for example, bid and ask order volume, order count, or order consideration, generated based on the market depth information. The graphical representation of the market depth information and the expected profile are displayed using a display device. | 10-16-2014 |
| 20140310202 | Systems and Methods for Trading with Market Depth Information - Techniques for displaying market depth information for a financial instrument including a plurality of bid and ask order metrics at corresponding prices of the market instrument and associated time information. A graphical representation of the market depth information, with axes corresponding to time and price, is aligned with color gradients corresponding to one or more metrics including, for example, bid and ask order volume, order count, or order consideration, generated based on the market depth information. The graphical representation of the market depth information and the color gradients are displayed using a display device. | 10-16-2014 |
| 20140310203 | EQUITY BASED INCENTIVE COMPENSATION PLAN - The present invention extends to methods, systems, and computer program products for an Equity Based Incentive Compensation (EBIC) plan. In an EBIC plan, a company awards restricted shares of their stock to employees as incentive compensation. The restricted shares are transferred to a separate holding vehicle. Loans are provided to the holding vehicle by a third party lender. Loans are secured by a part or all of the employee' shares transferred to the separate holding vehicle. Employees may or may not elect to include their restricted shares as taxable income at award date. The holding vehicle uses loan proceeds to reimburse payroll withholdings for employees electing to include their restricted shares as taxable income at award date or to buy additional unrestricted shares of the company's stock. Upon vesting of the restricted shares, one or more unrestricted shares are sold for loan repayment and/or to satisfy further tax liabilities. | 10-16-2014 |
| 20140310204 | METHOD AND APPARATUS FOR PROVIDING AFTER TAX BOND VALUATION - Methods and systems are disclosed for determining valuation and risk analysis of municipal debt instruments on an after-tax basis. In one embodiment, bond terms, yield curve and interest rate volatility data are received for a set of bonds. Additionally, IRS treatment data and applicable tax rates for the set of bonds and a purchaser of the bonds are also received. Theoretical tax-neutral values of the bonds are calculated using a buy-and-hold methodology, wherein the tax-neutral value comprises the price of the at least one municipal debt offering such that its discounted after-tax value equals the price. A theoretical maximum after-tax values of the bonds are also calculated using a recursive valuation path-dependent methodology. Optimal bond management is determined using the calculated theoretical tax-neutral values and maximum after-tax values of the bonds. | 10-16-2014 |
| 20140317016 | SYSTEM AND METHOD FOR PROVIDING INCOME PAYMENTS TO AN INVESTOR - In at least one embodiment computerized methods and corresponding systems for providing guaranteed income payments to an investor are provided that include the step or steps of: receiving information from the investor representing at least a current age of the investor, a desired income start date, a desired income payment amount, and a premium payment amount; receiving a premium payment from the investor and placing the premium payment into a first investment sleeve; and automatically transferring using at least one computing device, during a waiting period and according to a predefined event, a portion of the premium payment from the first investment sleeve to a second investment sleeve, wherein the portion of the premium payment transferred calculated by the at least one computing device as a function of a time remaining in the waiting period and the desired income amount. | 10-23-2014 |
| 20140317017 | AUTOMATIC MAPPING AND ALLOCATION OF SPECIAL INTERESTS IN TRUSTS FOR PORTFOLIO ANALYSIS - The present invention relates to analysis of trusts that have multiple beneficiaries whose interests mature in different time periods or under different conditions. In particular, we disclose automatic mapping of interests in one or more trusts, optionally subject to user confirmation, to long and short positions in financial or derivative interests that have expected payouts and costs that can be offset against underlying trust assets. The underlying assets and long and short positions in the mapped instruments can be attributed to various beneficiaries and subjected to various risk and investment analyses. | 10-23-2014 |
| 20140317018 | System and Method for Managing Investments with an Investment Model - A computer-implemented method for managing a plurality of 401(k) accounts comprises the step of transmitting data configured to generate at least one graphical user interface comprising selectable options configured to facilitate a user to create an investment model for the plurality of 401(k) accounts, wherein the created investment model comprises a plurality of securities and, for each security of the plurality of securities, a target percentage. The method further includes the step of automatically initiating investments at predetermined intervals for each 401(k) account of the plurality of 401(k) accounts based at least partially on the investment model, wherein each investment is based at least partially on the target percentage of a corresponding security, such that an allocation of assets for each 401(k) account of the plurality of 401(k) accounts is rebalanced according to the target percentage for each security. A system for performing the method is also disclosed. | 10-23-2014 |
| 20140317019 | SYSTEM AND METHOD FOR RISK MANAGEMENT AND PORTFOLIO OPTIMIZATION - A processor-based analytical system accesses financial data for a group of assets over a plurality of time periods and identifies relationship characteristics for the financial data during those time periods. The system compares the relationship characteristics to compute pair-wise similarity measures, which are used to group different time periods into states. The system also accesses information identifying an investment portfolio, such as information identifying particular assets in that portfolio as well as the weightings of those assets in the portfolio. The system evaluates the performance of the portfolio in the states. The system alters the investment portfolio by altering the weightings of the assets in the investment portfolio in order to achieve a predetermined investment goal. | 10-23-2014 |
| 20140317020 | MANAGEMENT METHOD AND SYSTEM FOR A USER - The invention provides a system, method, machine readable program and a graphical user interface for managing multiple accounts associated with a user. The method includes receiving a first set of information associated with identification of a user, in response to the first set of information, identifying a second set of information relating to a financial account associated with the user, the financial account being associated with a financial institution, in response to the first set of information. The method also includes identifying a third set of information relating to a health account associated with the user, the health account being associated with a healthcare institution. A fourth set of information is generated based upon the second set of information and the third set of information. The method also includes sending a signal representative of the fourth set of information. The signal may be sent to the user or a designee of the user. | 10-23-2014 |
| 20140317021 | MULTI-ASSET PORTFOLIO SIMULATION (MAPS) - An exemplary system according to the present disclosure comprises a computing device that in operation, causes the system to receive financial product or financial portfolio data, map the financial product to a risk factor, execute a risk factor simulation process involving the risk factor, generate product profit and loss values for the financial product or portfolio profit and loss values for the financial portfolio based on the risk factor simulation process, and determine an initial margin for the financial product. The risk factor simulation process can be a filtered historical simulation process. | 10-23-2014 |
| 20140317022 | USING COMMERCIAL SHARE OF WALLET TO RATE INVESTMENTS - Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio. | 10-23-2014 |
| 20140317023 | STOCK INFORMATION PROVISION METHOD AND SYSTEM FOR DISPLAYING A BUSINESS GROWTH CYCLE AND CALCULATING UNDERVALUED/OVERVALUED STOCKS USING SAME - The present invention relates to stock information provision method and system for providing stock information and a business growth cycle as well, thereby helping investors select a buying or selling strategy according to each phase of the business growth cycle, and also presenting the degree by which the business is overvalued or undervalued in a percentage method. The stock information provision system includes a present value calculating unit which calculates a present value based on the latest net profits of the business, a normal value calculating unit which calculates a normal value based on net assets of the business, a future value calculating unit which calculates a future value based on a stock price of the business, and a business growth cycle calculating unit which decides one of phases forming a growth cycle of the business through comparison with the three values each other. | 10-23-2014 |
| 20140324730 | Portfolio Generation - A first model is used to generate portfolios that each includes a number of projects. The first model in generating the portfolio optimizes a portfolio value in consideration of objectives under differing bounds of some of the objectives while satisfying constraints. A second model is used to generate an additional portfolio. The second model in generating the additional portfolio optimizes the portfolio value in consideration of the objectives with respect to a priority thereof while satisfying the constraints. | 10-30-2014 |
| 20140324731 | SYSTEM AND METHOD FOR RESOLVING TRANSACTIONS WITH LUMP SUM PAYMENT CAPABILITIES - A system and method for the online settling of a transaction is provided. The system includes a server arrangement having a rules based engine including rules established on behalf of a party to the transaction, such as a creditor. The rules based engine is configured to process data and present a transaction settlement offer set comprising a plurality of selectable offers to the user based on at least one decision made by the rules based engine. The server arrangement is further configured to receive a lump sum payment proposal from the user and to use the rules based engine to process information comprising the lump sum payment proposal and present a second transaction settlement offer set to the user based at least in part on the lump sum payment proposal from the user. | 10-30-2014 |
| 20140324732 | METHOD AND SYSTEM FOR OPERATING A PROJECT PORTFOLIO MANAGEMENT TOOL AND A PRODUCT LIFECYCLE MANAGEMENT TOOL - The invention relates to a method for operating a Project Portfolio Management tool (PPM tool) and a Product Lifecycle Management tool (PLM tool). The PPM tool ( | 10-30-2014 |
| 20140324733 | STUDENT VENTURE MANAGEMENT - A technique involves: receiving authentication information for a team leader at an authentication engine; storing a venture scholarship application data structure in a new applications data store; storing credentials of the team leader in association with the venture scholarship application data structure; building a student venture team at a venture scholar networking engine; storing credentials of members of the student venture team in association with the venture scholarship application data structure; allocating financial support associated with the venture scholarship after the venture scholarship is indicated to be eligible by an eligibility filtering engine; recording equity or an instrument convertible to equity in a student venture associated with the student venture team and the venture scholarship at a student venture fund operations engine; allocating equity or the instrument convertible to equity from the student venture to members working on the student venture as the student venture matures. | 10-30-2014 |
| 20140324734 | Computerized Method And System For Financing By EB-5 Investor Visa Regional Center - A computer-implemented financed commercial economic system and method for EB-5 immigrant investor visa programs through a regional center directed to promotion of economic growth, improved economic regional productivity, job creation and increased capital investment, in which EB-5 investors by a capital investment for economic commercialization of projects and an electronic database accessible through a communications network to maintain regional center and EB-5 investor information, with an escrow account of funds from sales of products produced by the projects, and returning of capital investments to the EB-5 investors after a pre-determined period of time with the proceeds of the escrow account, with an agreement providing management compensation from asset rights of the EB-5 investors. | 10-30-2014 |
| 20140330746 | STOCHASTIC INVESTMENT PLANNING SYSTEM - Embodiments relate to stochastic investment planning. One aspect includes receiving a plurality of constraints associated with projects to be performed by a plurality of agencies. The constraints are compared across the projects to identify projects having a spatial overlap and compatible project types. Two or more of the projects are combined based on compatibility of the projects having the spatial overlap. An optimization model is applied to the combined projects to produce an optimization parameter representing a critical attribute based on at least one uncertainty of the combined projects. The comparing, the combining, and the applying of the optimization model are iteratively repeated while varying a threshold for combining the projects until the optimization parameter is determined to be within an acceptable range. | 11-06-2014 |
| 20140330747 | ASSET LIFECYCLE MANAGEMENT - Embodiments of the invention relate to asset lifecycle management. A method includes assessing a current health condition of a plurality of assets that are managed by a plurality of different entities. Predictive analytics are applied to determine a predicted future health condition of the assets. Prescription options for the assets are determined based on the current health condition and the predicted future health condition of the assets. Each prescription option specifies an asset, a timeframe, an expected cost, and an expected future health condition of the asset. Spatial and temporal analytics are performed to combine individual prescription options into a unified project. The unified project includes prescription options that specify assets that are managed by at least two of the entities. A timeframe to execute the unified project is determined based on financial constraints and spatial constraints. The unified project plan is output. | 11-06-2014 |
| 20140330748 | STOCHASTIC INVESTMENT PLANNING SYSTEM - Embodiments relate to stochastic investment planning. One aspect includes receiving a plurality of constraints associated with projects to be performed by a plurality of agencies. The constraints are compared across the projects to identify projects having a spatial overlap and compatible project types. Two or more of the projects are combined based on compatibility of the projects having the spatial overlap. An optimization model is applied to the combined projects to produce an optimization parameter representing a critical attribute based on at least one uncertainty of the combined projects. The comparing, the combining, and the applying of the optimization model are iteratively repeated while varying a threshold for combining the projects until the optimization parameter is determined to be within an acceptable range. | 11-06-2014 |
| 20140330749 | ASSET LIFECYCLE MANAGEMENT - Embodiments of the invention relate to asset lifecycle management. A method includes assessing a current health condition of a plurality of assets that are managed by a plurality of different entities. Predictive analytics are applied to determine a predicted future health condition of the assets. Prescription options for the assets are determined based on the current health condition and the predicted future health condition of the assets. Each prescription option specifies an asset, a timeframe, an expected cost, and an expected future health condition of the asset. Spatial and temporal analytics are performed to combine individual prescription options into a unified project. The unified project includes prescription options that specify assets that are managed by at least two of the entities. A timeframe to execute the unified project is determined based on financial constraints and spatial constraints. The unified project plan is output. | 11-06-2014 |
| 20140330750 | Computer implemented method for transforming bank-owned real property assets and/or bank held mortgage note receivables into a hybrid mortgage/asset - backed security - A method for transforming bank-owned real property assets and/or bank held mortgage note receivables, suitable for refinancing, into a negotiable hybrid mortgage/asset-backed security. The method includes providing a bank mortgage at a below-market mortgage rate for purchase of the real property or refinance by the mortgagor. The bank mortgage, having a face value, is assigned to a secondary market buyer at a market price less than 120% of the mortgage face value and greater than 30% of the mortgage face value. The face value minus the market price defining mortgage note equity. Using the mortgage note equity or a ratio of 33% of the mortgage face value, a negotiable government security is purchased by the secondary market buyer. The bank mortgage note and government security are then securitized into a single negotiable hybrid security suitable for pledging to a central bank as collateral securing a loan to recycle the process. | 11-06-2014 |
| 20140330751 | Method and system to capture credit risks in a portfolio context - A method for capturing credit risks in a portfolio context includes the steps of linking accounting data of economic subjects using data on the exchange of goods and services between the economic subjects and determining the probability of at least one credit event in the portfolio context by applying at least one rating model to the accounting data of the economic subjects. | 11-06-2014 |
| 20140330752 | MARKET DATA ALERT AND NEWS-DRIVEN ALERT SYSTEM - A system for providing a real-time user notice or alert for traders and daytraders based on stockmarket events or other market data is disclosed. The system provides for receiving a user selection of a first market event setting, and receiving user input specifying a maximum period of time, and providing the alert only if within the maximum period of time specified a first market signal corresponding to the first market event occurs and a second market signal corresponding to the first market event occurs, the first and second market event both corresponding to the same market event selection but being at different values. Also, customizable business or market news-based alerting is disclosed to allow signals and/or filters to be set for news-driven alerts. | 11-06-2014 |
| 20140330753 | SYSTEM AND METHODS FOR RESIDENTIAL REAL ESTATE RISK TRANSFERENCE VIA ASSET-BACKED CONTRACT - Real estate risk may be transferred via a contract associated with a real estate property. Such a contract may be an asset-backed index swap or an investment contract in which an owner entity of the real estate property grants to an investor entity an economic right to a portion of future appreciation of the real estate property in exchange for consideration. The contract may expire responsive to a transfer of title of the real estate property. Exemplary implementations may provide a way to slice off the growth component of the property to an investor who wants it yet leaves the utility value and existing equity squarely in the hands of the homeowner. This division of growth and utility components may allow the homeowner to sell just the growth component of the property—and do so at a lower price in exchange for the convenience and liquidity tendered. | 11-06-2014 |
| 20140330754 | Systems and Methods for Providing Share Assessment Data in Relation to Virtual Portfolios - A computer-implemented method for providing share assessment data, the method including: maintaining access to a repository of data for a plurality of shares; providing, via a client interface, a share selection interface, wherein a share selected via the share selection interface is added to a virtual share portfolio; providing, via the client interface, a virtual portfolio display interface, wherein the interface provides data indicative of the shares in the virtual portfolio; providing, via the client interface, a chart display interface, wherein the chart display interface is configured to display a plurality of charts, wherein each chart provides, for each of a selection of the shares, respective graphical markers thereby to illustrate the attributes of each share in the selection relative to a set of assessment dimensions; responsive to a user command, applying a visual identifier to one or more of the graphical markers corresponding to shares in the virtual share portfolio, thereby to facilitate identification of those graphical markers by a user. | 11-06-2014 |
| 20140344184 | SYSTEMS AND METHODS FOR PROVIDING INVESTMENT OPPORTUNITIES - The present invention is directed toward systems and methods for providing investment opportunities to a communication device carried by a user. The method is implemented by a computer-implemented system in communication with the communication device via a communication network. The systems and methods include collecting location information and/or receiving graphical images from the user, identifying investment options corresponding to the collected location information or the received graphical images, providing the identified investment options to the communication device carried by the user, and enabling the user to invest in the identified investment options for their investment related needs by providing an investment platform capable of being used by the user for transacting in stocks related to the investment options. | 11-20-2014 |
| 20140344185 | SYSTEM AND METHOD FOR DEVELOPMENT OF FINANCIAL PLANS - A system and method for development of financial plans includes computer readable program code to execute a in which, on a daily basis, a comprehensive review is performed for each of a plurality of a financial advisor's clients and an updated financial plan is generated based on the comprehensive review. On a daily basis, a series of alerts are generated based on the comprehensive review, the alerts indicating to a financial advisor which of the advisor's clients should be contacted. The series of alerts are then transmitted to the financial advisor. | 11-20-2014 |
| 20140344186 | SYSTEMS AND METHODS FOR DATA MINING AND MODELING - Techniques for prediction of financial instrument returns, identifying statistical history, the discovery of pricing anomalies, and financial instrument visualization are disclosed. In one particular exemplary embodiment, the techniques may be realized as a method for identifying financial instrument returns and pricing anomalies including matching, using at least one computer processor one or more portions of current market data associated with a financial instrument with historical market data, averaging outcomes of matched historical market data, and providing a probabilistic outcome for financial instrument returns, pricing anomalies, or other metrics based on the matched historical market data and the current market data. Techniques for financial instrument analysis may also include processing event data, correlating the event data using a large volume of historical market data to identify a predicted impact on returns of a financial instrument and/or pricing anomalies, and presenting the predicted impact to a user (e.g., in near real time). | 11-20-2014 |
| 20140344187 | SYSTEM FOR DYNAMICALLY ALLOCATING NATURAL RESOURCES - Systems and methods for creating a dynamic resource trust can receive and distribute physical quantities of a resource at a future date. These systems and methods can be implemented in a computer system that dynamically designs and/or values shares of the trust's resources. These systems and methods can permit potential users of resources to tailor the amounts of resources they obtain under different market conditions in the future, with potentially lower costs than costs associated with futures contracts. | 11-20-2014 |
| 20140344188 | Computer System For Efficiently Managing Data Processing and Communications with Third Party Servers - A system is provided for administering a destination fund having a guarantee wrapper. The guarantee provides an income stream for life to one or more investors. The destination fund has a selected mix of equities and fixed income investments to provide for enhanced returns throughout retirement for the investor. The destination fund additionally provides income stream flexibility throughout the lifetime of the investor. Administration of a destination fund having a guarantee wrapper may include initiating a guarantee payment process if a value of the destination fund falls below a threshold. | 11-20-2014 |
| 20140351165 | PROPERTY DEVELOPMENT HEDGE STRUCTURE - A method for modeling a hedge structure that dynamically transfers financial and operating leveraged market risk between a real estate company and an investor as the real estate company's development projects go through the different risk phases of the development cycle resulting in market risk exposure changes. | 11-27-2014 |
| 20140351166 | Streamlined portfolio allocation method, apparatus, and computer-readable medium - A method of allocating investment assets within a portfolio, performed by a processing device, the method including: receiving a current age value of a user; receiving a retirement age value of the user; displaying a plurality of questions for the user; receiving answers to the questions; determining a risk tolerance level for the user based on the answers to the questions; determining portfolio allocation constraints of the investment assets based on the current age, the retirement age, and the risk tolerance; determining an efficient frontier based on the constraints; determining a plurality of mixes of investment assets along the efficient frontier; displaying the efficient frontier and the plurality of mixes of investment assets; selecting at least one mix of investment assets along the efficient frontier; and displaying at least one risk statistic and at least one expected future return parameter for the selected mix of investment assets. | 11-27-2014 |
| 20140351167 | SYSTEM AND METHOD FOR IMPROVING RATING AND MODELING OF ASSET BACKED SECURITIES - The present invention provides a computer-based system for evaluating risk in asset backed securities (ABS) comprising: a database containing data associated with an asset pool of an ABS; a computer having a processor for executing software and being adapted to establish a communication link with an external provider of electronic data and to receive a first data set associated with an asset pool of an ABS, the first data set including credit score data related to the asset pool; and a migratory pattern predictive model application executed by the processor and adapted to analyze at least a part of the first data set, including the credit score data, and to determine a rating concerning the relative risk associated with the ABS. | 11-27-2014 |
| 20140351168 | SYSTEM AND METHOD FOR INCOME PLANNER - The invention forecasts a customer's annual withdrawals, manages order of withdrawal, forecasts likelihood that assets at retirement will provide needs for retirement, and provides ability to perform alternative analysis by changing various retirement goals, such as preservation of principal, amount of income desired, or expected length of retirement. | 11-27-2014 |
| 20140351169 | SYSTEM AND METHOD OF MARGINING FIXED PAYOFF PRODUCTS - A system and method is disclosed for determining performance bonds for fixed payoff products, i.e. contracts which payoff a fixed amount based on the outcome of an underlying event regardless of the value thereof. The worst outcome of the overall portfolio, which may contain more multiple instruments, is calculated, allowing the portfolio to have both long and short positions on the same underlying event and offsets among instruments within the portfolio. A universe of outcomes is constructed including single events with single outcomes, and the probability thereof, and single events with multiple outcomes, each with a probability thereof. Each outcome has an associated price and probability. Low probability events will have low values, resulting in a lower margin requirement. The margin requirement is then the amount of the maximum loss that the portfolio can sustain for any possible outcome of the underlying event, adjusted for the probability thereof. | 11-27-2014 |
| 20140351170 | FINANCIAL INSTRUMENT BASED ON CONTENT AND METHODS FOR VALUATION - The present invention is a system and methods by which an investment vehicle can be established that is directed to one or a very limited specific form of content. More specifically, the system and methods of the present invention creates a financial instrument directed to specific content—such as a specific technology or specific artistic or literary work—that may be issued, thereby providing investors with the opportunity to invest in the specific content or aspect of that specific content. | 11-27-2014 |
| 20140351171 | Investment Guidance System Which Enables Individuals To Rate And Select Assets Based On Personal Investment Preferences - An investment guidance system which enables individuals to rate and select assets based on personal investment preferences. The system comprises a method for receiving a request to rate a plurality of assets, providing two or more criteria associated with the assets for a user to evaluate, receiving a relative weight of importance for the two or more criteria, and determining a rating for each asset based on the relative weights assigned to the two or more criteria. The system then ranks the plurality of assets based on the rated value for each asset, provides a list of the ranked assets and receives requests to execute trades for the ranked assets. The assets can comprise mutual funds, stocks, bonds, and/or other investment vehicles. | 11-27-2014 |
| 20140358821 | Robust Method for Portfolio Management - A method for improve or reconstruct an existing or putative portfolio with different assets. Construct two kinds of “centroids” in order to reduce estimation-errors and uncertainties of the future. Then base on prior knowledge of risk region and uncertainty, one can construct their own weighted efficient frontier after their using the classic MV method and complete the next stage with a specified risk objective. | 12-04-2014 |
| 20140358822 | SYSTEMS AND METHODS FOR DETECTING PROPERTY CAPITAL GAINS - Certain embodiments of the disclosed technology may include systems and methods for detecting property capital gains. According to an example embodiment of the disclosed technology, a method is provided that includes receiving property transaction information comprising previous owner identification (ID) and property ID associated with a property. The method includes querying one or more databases with the property transaction information, receiving independent data in response to the querying, producing transformed data based at least in part on the independent data and the property transaction information, determining potential property capital gains for the property based at least in part on one or more of the property transaction information, the independent data, and the transformed data, and outputting data identifying the determined potential property capital gains associated with the property. | 12-04-2014 |
| 20140358823 | METHOD AND SYSTEM FOR DISPLAYING PAST RETURNS OF A PREEXISTING INVESTMENT USING A GAME-OF-CHANCE-LIKE GRAPHICAL USER INTERFACE - A method and system for revealing investment account information including past returns of one or more of the user's preexisting investments is provided. The method and system include providing a query to one or more databases to access and acquire investment account information of the user's preexisting investments. The method and system include obtaining, in response to the query, the investment account information. The method and system also include populating the investment account information to be accessed by a return on investment game-of-chance interface application. The method and system additionally include revealing the investment account information as though the past returns of one or more of the user's preexisting investments were the result of a game-of-chance played by the user on a game-of-chance user interface by operation of the return on investment game-of-chance interface application. | 12-04-2014 |
| 20140358824 | SYSTEM AND METHOD FOR PROVIDING GLOBAL INFORMATION ON RISKS AND RELATED HEDGING STRATEGIES - A system for providing information on risks and related hedging strategies includes a plurality of client terminals coupled to the server for providing access to the system for accessing information on risks and related hedging strategies. A data aggregation module configured to store financial arid risk related information from a plurality of data sources that include private client data sources and public data sources. An analytical module coupled to the data aggregation module configured to perform benchmarking estimates based on information retrieved from the private client data sources and the public data, sources, the benchmarking estimates further configured to be performed against the private data and the public data obtained from a plurality of industries. | 12-04-2014 |
| 20140365399 | SECTOR-BASED PORTFOLIO CONSTRUCTION PLATFORM APPARATUSES, METHODS AND SYSTEMS - The SECTOR-BASED PORTFOLIO CONSTRUCTION PLATFORM APPARATUSES, METHODS AND SYSTEMS (“SPC”) transform user data request via SPC components into sector-based portfolio investment transaction records. In one implementation, the SPC may provide an electronic user interface (UI) (e.g., web-based, mobile, etc.) for a user to construct a sector-based investment portfolio, to obtain performance prediction for the portfolio's allocation strategies by performance back-testing of selected sector funds and indices. | 12-11-2014 |
| 20140365400 | SYSTEM AND METHOD OF EVALUATING AN INVESTMENT PORTFOLIO - A system and method for performing a diagnostic evaluation of an investment portfolio by categorizing the assets in the portfolio, establishing thresholds for each category and identifying assets that are not in compliance with the established thresholds. | 12-11-2014 |
| 20140372340 | FINANCIAL WELLNESS SCORING TOOL - Embodiments of the invention provide for systems, computer program products, and methods for a financial plan wellness tool that provides an overview of the financial well-being of financial plan participates (e.g., employees of an institution participating in a retirement plan, clients participating in a retirement plan, or the like) based on whether or not they are exhibiting behaviors in the financial plan that may lead to retirement success. The financial plan wellness tool creates a wellness score for plan participants based on the behaviors the participants are taking with respect to their retirement accounts. The financial plan wellness tool provides a report to an institution that shows aggregated wellness scores and aggregated metrics illustrating the well-being of plan participants based on the participants that utilize an advice service, trends of the plan participates over time, and comparisons against plan participates of other institutions. | 12-18-2014 |
| 20140372341 | WELLNESS SEGMENTATION TOOL - Embodiments of the invention provide for systems, computer program products, and methods for a financial wellness segmentation tool that allows a user to create customized wellness segmentation reports in order to segment the wellness metrics of plan participants in one or more retirement accounts into customized groups for additional analysis. The wellness segmentation tool searches the underlying data related to individual wellness scores, wellness metrics, retirement accounts, and participant information, and creates customized wellness segmentation reports for the user based on one or more retirement plans, selection criteria, and data points selected by the user. In this way, a user may create customized wellness segmentation reports that allow the institution to receive specific information about the participants in order to adjust investment options, retirement account benefits, or targeted communication or education for specifically identified plan participants. | 12-18-2014 |
| 20140372342 | SYSTEM AND METHOD FOR AUTOMATED MARKET MAKING - Method and systems for design and operation of a prediction market. A plurality of security bundles and a plurality of payoff vectors may be defined, such that each payoff vector in the plurality of payoff vectors is associated with at least one outcome in a plurality of outcomes. A prediction market engine may be provided for determining a price for each security bundle in the plurality of security bundles by using at least one processor to minimize a convex function over a convex set comprising a convex hull of the plurality of payoff vectors. | 12-18-2014 |
| 20140372343 | ORDER GRID HIGHLIGHTING - Systems, methods and user interfaces are provided for order matrix management and highlighting. Market data may be arranged in a matrix where the market data may be highlighted and/or otherwise presented to provide further information to a user. In some cases a computer system may include a computer-readable medium containing computer-executable instructions that, when executed by one or more processors, cause a computing device to receive market data for a financial instrument. The computer system may further process instructions to identify pending orders that may result in a cross trade, such as with trades entered by a trader or between members of a same business organization. The computer system may further process instructions that cause the computer system to generate a user interface that highlights which of the pending orders that may result in a cross trade. | 12-18-2014 |
| 20140379611 | RETIREMENT PLANNING SYSTEM - A retirement planning system uses employee age and salary information from an employer's employee information system, along with other information such as funds from other sources, to determine a target retirement account value for the employee, along with a periodic contribution amount that is expected to yield the target retirement account value upon retirement. The system may allocate an additional amount to serve as a shock absorber fund. The system may automatically enroll the employee in a retirement plan using the determined contribution level, and it may monitor the plan's value and make automatic adjustments to the contribution amounts to keep the employee on track toward retirement goals. When the employee reaches retirement, the system may manage distributions to the then-former employee. If the account value dips below an expected amount at any time, it may use the shock absorber funds to help maintain an account balance. | 12-25-2014 |
| 20140379612 | Leveraging to Minimize the Expected Inverse Assets - The question of how much should be placed at risk on a given investment, relative to the total assets available for investment, is basically that of determining the optimal leverage. The approach taken by the method described in this specification is to optimize the expected future inverse assets, conditioned on the assets having some estimated linear return distribution. The expected inverse assets is shown to outperform the Kelly Criterion, an existing well known method for calculating optimal leverage, using a simple cross evaluation method, whereby the optimum leverage according to one method is measured using the other method's utility function. The expected inverse assets measure outperforms the Kelly Criterion in the two analytic scenarios considered, a Gaussian distribution of log-returns and a Bernoulli distribution of linear returns. Example usage of the expected inverse asset utility or objective function is provided by the specification of a system of processing histograms that represent the forecast return distributions of investments. It is also shown how this system can be applied specifically to leveraging with market equities, leveraging with debt, leveraging in insurance, and leveraging in a retirement portfolio. | 12-25-2014 |
| 20150012459 | Computerized stock market investment decision-making for individual stocks - A computer-implemented interactive method to help an investor in the decision-making process of evaluating what securities to buy and sell, and when to buy and when to sell, and when to be out of the market, for an actively-managed portfolio of individual stocks. The method provides individualized advice based upon input by the User/Investor and operates under the supervision of a Registered Investment Advisor. The process evaluates and scores the upside potential and the downside risk of a given stock, along with the investor's temperament to be in the market. | 01-08-2015 |
| 20150012460 | METHOD AND SYSTEM FOR GENERATING A VALUATION METRIC BASED ON GROWTH DATA FACTORS - The present invention relates to a system, method and apparatus for evaluating a variety of financial information, determining a valuation metric, and distributing the valuation metric to system users. The valuation metric distribution may be configured by an administrator for automatic distribution of the valuation metric to system users. Alternately, a system user may log onto a central server to access the valuation metric, based on administrator defined or user-customized system data. The valuation characteristic provides a system user with a metric that may be used to assist in allocating the user's financial resources. The metric is determined by analyzing three main types of financial indicators, specifically an earnings-yield factor, an interest factor and a growth indicator. | 01-08-2015 |
| 20150012461 | SYSTEM FOR HANDLING INVESTMENT PROCESS AT LOWER RISK ENTITIES - The subject matter of the invention is a system for handling investment process at lower risk entities, concerning information processing in financial investments, communication and processing of information with the aim to optimise investment methods. The system consists of the main server ( | 01-08-2015 |
| 20150012462 | Blending Methodology for Settling Swaption Volatility Cube and Prices - Systems and methods are provided for determining volatility levels for swaptions. End of day volatility data from swaption dealers. The data may be blended to obtain averaged data and then a modified SABR model may be used to fit a smile to the data points. The modified SABR model models density instead of implied volatility. | 01-08-2015 |
| 20150019457 | SYSTEM AND METHOD FOR PROVIDING A MARKET-BACKED ANNUITY WITH VARIABLE SEGMENT TERMS AND AUTOMATIC ROLLOVER - The present invention provides a method and system for providing a market-backed annuity allowing for client-selected segment terms and automatic rollover. The method and system includes techniques for allowing an investor to specify a segment maturity date, specify a percentage of upside and downside protection, specify an underlying market index, and choose an amount of investment capital. By providing flexibility, the current invention increases the security and performance of market-backed annuity products. | 01-15-2015 |
| 20150019458 | MULTISTAGE OPTIMIZATION OF ASSET HEALTH VERSUS COSTS TO MEET OPERATION TARGETS - A method for determining an optimal multi-stage asset management policy includes providing a plurality of decision epochs and a number of admissible asset health levels for each decision epoch, providing a portfolio of assets over the admissible asset health levels in an initial decision epoch, providing a plurality of state transition probabilities between states of an underlying asset health dynamics process for the decision epochs, where each state corresponds to a percentage of assets that has a given health level in a given decision epoch, providing an action set to which admissible actions of the state transition probabilities belong, where an action changes a state transition probability, and determining cost functions of the admissible actions on a per-asset basis, where operational targets impose constraints on probabilities that the asset health of the portfolio of assets, in one or more decision epochs, is within a specified range. | 01-15-2015 |
| 20150026095 | SYSTEM AND METHOD FOR CUSTOMIZING APPEARANCE AND BEHAVIOR OF GRAPHICAL USER INTERFACE DISPLAYING ANALYSIS INFORMATION ACROSS CHARTS AND TABLES - Displaying analysis information about a portfolio across several charts and tables becomes more meaningful when the properties and behavior of a selected group of securities, or a pertinent field, is displayed in multiple charts and tables showing different parameters and functions of the selected group of securities, or unifying field. The selection of one group of securities in one chart or table may either highlight or filter that same selected group of securities across all displayed charts and tables. Moreover, selecting a different grouping scheme for one chart or table causes the display of the modified grouping scheme in all other charts and tables. Furthermore, based on the resulting information in the charts and tables the user may select different groups of securities, directly from the charts and tables, to be included in, excluded from, or have set constraints in subsequent analysis. | 01-22-2015 |
| 20150026096 | POOL-BASED SYSTEM FOR ORGANIZING AND MEASURING PERSONALIZED FINANCIAL MANAGEMENT TECHNIQUES - A system and method for a money pools system is presented. The money pools system includes a plurality of financial positions that are allocated to a plurality of pools. A category may be used to contain a grouping of pools. Multiple categories allow a user to view aggregated financial positions that are common to the multiple categories. New pools and categories may be created by a user, a financial institution, and/or a third party. Pool systems may also incorporate pool templates to facilitate the creation of pools. Pool templates may also be shared over a network of interconnected money pool systems. | 01-22-2015 |
| 20150026097 | SYSTEM AND METHOD FOR COMPLIANCE MONITORING AND RESOLUTION OF BROKERAGE ACCOUNT MAINTENANCE REQUIREMENTS - A system and method for automatically monitoring brokerage accounts and preemptively, via credit card authorization, transferring funds to said brokerage accounts to avoid non-compliance of maintenance requirements. As brokerage accounts recover and rise above maintenance requirements, funds authorized from credit cards may automatically be refunded. | 01-22-2015 |
| 20150026098 | COLLECTIVELY ANALYZING HOLDINGS ACROSS MULTIPLE FIXED INCOME PRODUCTS - Systems, methods, and computer-readable mediums (i.e., utilities) for use in enabling corporate treasurers, money managers, and other investors to view and analyze consolidated credit risk on individual investments across multiple money market products (MMPs) and/or multiple accounts. In one aspect, the utilities may generate a database of MMP and related holding information that may be used to research and analyze one or more MMPs and/or underlying securities even if the same MMP or security is associated with different identifiers. In another aspect, the securities or holdings of the MMPs of actual or sample accounts may be aggregated (e.g., by common identifier, sponsor, issuer, etc.) either within MMPs and/or across multiple MMPs and subsequently analyzed to generate inferences and to obtain numerous types of information which may be presented to corporate treasurers and/or other users on a display (e.g., text, charts, graphs, etc.) for use in gauging a company's or other entity's credit exposure and in making decisions based on what is displayed. | 01-22-2015 |
| 20150032662 | RETIREMENT INCOME OPTION - An option is provided to hedge against the risk of a reduction in retirement benefits or a change in the timing of when such benefits are received. The option may also be used to hedge against reductions in returns from Social Security and retirement savings plans. The option is standardized in that it provides protection against an identifiable set of potential modifications to Social Security retirement benefits and the timing of such benefits as well as reductions in returns from retirement savings plans. At the same time, each option is customized for each purchaser based upon the purchaser's age, income level, investment mix, desired return and other factors. | 01-29-2015 |
| 20150032663 | INTEGRATED TRADING INFORMATION PROCESSING AND TRANSMISSION SYSTEM FOR EXEMPT SECURITIES - The present invention provides a system for processing and transmitting trading information incorporating (a) a risk analytic module using the latest market prices and data provided by the other two modules, (b) an auction module comprising a private asset auction functionality and a two way trader workstation capability, with bid-offer and unique asset price sourcing capabilities, (c) an asset or portfolio tracking module to provide browser based, real-time consolidated reporting of multi-firm asset positions (public or private), and (d) an out-of-band communications module which alerts users/subscribers who may or may not be logged on the system via fax, e-mail, or text messages of a pending transaction being consummated or achieved. | 01-29-2015 |
| 20150032664 | ANALYSIS PROCESS - A method, computer program product, and computing system for determining a first dividend paid during the defined period of time for the one or more shares of the first security. A first Δ net asset value during the defined period of time is calculated for the one or more shares of the first security. A first Δ ownership during the defined period of time is calculated for the one or more shares of the first security. A first performance indicator for the defined period of time is calculated for the one or more shares of the first security based, at least in part, upon the first dividend, the first Δ net asset value, and the first Δ ownership. | 01-29-2015 |
| 20150032665 | COMPUTER-BASED SYSTEMS AND METHODS FOR COMPUTING MARKET-ADJUSTED ELASTICITIES FOR ACCOUNTS - Relating resources expended by a securities research entity to revenue received by a financial services firm including the securities research entity. A computer system may receive account revenue data indicative of revenue received by the financial services firm from a first customer investment account for at least securities trade execution by the financial services firm for the first customer investment account. The computer system may also receive account expense data indicative of expenses incurred by the securities research entity on behalf of the first customer investment account. The computer system may determine a market condition-adjusted elasticity for the first customer investment account. The market condition-adjusted elasticity, determined based on at least one market condition for securities, may indicate a relationship between the expenses incurred by the research entity on behalf of the first customer investment account and the revenue received by the financial services firm from the first customer investment account. | 01-29-2015 |
| 20150039530 | PCA-BASED PORTFOLIO MARGINING - A computer implemented method determines a margin requirement for a financial product portfolio. Market conditions for the financial product portfolio are characterized by a zero curve. The method includes producing a plurality of scenario curves, each scenario curve reflecting a principal component analysis (PCA) model of the zero curve with a respective PCA factor of a plurality of PCA factors of the PCA model offset from a corresponding base value for the zero curve, calculating a respective projected value of the financial product portfolio for each scenario curve of the plurality of scenario curves, calculating a loss risk amount for each PCA factor based on the respective projected value and a current value of the financial product portfolio, and determining the margin requirement based on a sum of the loss risk amounts for the plurality of PCA factors. | 02-05-2015 |
| 20150039531 | COMPUTER-BASED INVESTMENT AND FUND ANALYZER - A system and a method are disclosed including Graphical User Interface (GUI) components, and one or more software data gathering and analysis components that are used to automatically obtain financial data for company stock selected by a user, compute other intermediate financial parameters and scores for the selected stock, and generate an overall investment score for the particular company stock for support of investment decisions. In various embodiments, the Investment Recommendation and Analysis System (IRAS) generates the overall investment score in multiple intermediate stages based on fundamental financial data and corresponding intermediate scores. The stages may include Fundamentals, Technical, Analyst, and Management stages, each including one or more financial parameters obtained from external sources or calculated. Market conditions are also considered based on trading environment parameters to determine the investment recommendations. In a recommendation stage, detailed investment recommendations are provided based on the other stages. | 02-05-2015 |
| 20150039532 | VOLATILITY INDEX AND DERIVATIVE CONTRACTS BASED THEREON - An improved volatility index and related futures contracts are provided. An index in accordance with the principals of the present invention estimates expected volatility from the prices of stock index options in a wide range of strike prices, not just at-the-money strikes. Also, an index in accordance with the principals of the present invention is not calculated from the Black/Scholes or any other option pricing model: the index of the present invention uses a newly developed formula to derive expected volatility by averaging the weighted prices of out-of-the money put and call options. In accordance with another aspect of the present invention, derivative contracts such as futures and options based on the volatility index of the present invention are provided. | 02-05-2015 |
| 20150039533 | SYSTEM AND METHODS TO PROVIDE FOR AND COMMUNICATE ABOUT SAFER AND BETTER RETURNING ASSET-LIABILITY INVESTMENT PROGRAMS - A data processing system compiles information about account holders, holdings, and other investment-related information. A hypothetical portfolio is generated to provide for a specified payout stream over a defined period of time, statistically evaluated, and compared by means of scaling to determine the best fit scale of the portfolio to the defined criteria. The composition of this scaled portfolio in comparison with the composition of the available assets defines a series of trades. The composition of the level of payout that can be expected to be supported by the new composition of available assets defines a series of insurance trades. Insurance providers can impose limitations and requirements on the assets managed by limiting or stipulating certain settings that a given account can be allowed to have. | 02-05-2015 |
| 20150039534 | INVENTION PROTECTION AND DEVELOPMENT SYSTEMS - An embodiment of the invention relates to a crowd-sourcing invention development system (CIDS) and methods associated with the system to aid inventors, at no cost or at minimal cost, to develop their ideas and to file patent applications based on their ideas. According to embodiments of the invention, CIDS facilitates investment in an inventor's invention by exposing potential investors to inventions at preliminary stages of invention development, allowing investors to fund activities such as searching and patent application drafting and filing. Investors may continue to invest after patent application drafting. | 02-05-2015 |
| 20150046372 | Method and System for Permanent and Continuous Preservation and Retrieval of a Data Object in the Internet Cloud - A method and system funding long-term data storage, retrieval, and preservation services accessed over the internet, the data services funded by an automated system seeking a target rate of return, input to the system, using pooled, one-time client payments of a client fee ( | 02-12-2015 |
| 20150046373 | METHOD FOR HEDGING ONE OR MORE LIABILITIES ASSOCIATED WITH A DEFERRED COMPENSATION PLAN AND FOR RECORDKEEPING INFORMATION OF SUCH A HEDGE - The present invention relates to a method for hedging a deferred compensation liability. In one embodiment, the invention may provide a mechanism to hedge the compensation expense liabilities of an employer providing deferred compensation to one or more employees. | 02-12-2015 |
| 20150052078 | Mapping Pension Planning to a Metaphor - A system for benefits management that includes a benefit metaphor engine that can apply a user-facing metaphor over the benefit plan, where characteristics of the benefit plan are used to identify rule sets to generate an appropriate metaphor. The metaphor presents information about the benefit plan within the metaphor setting, and allows for the user to make decisions within the metaphor that affect the benefit plan outside of the metaphor. | 02-19-2015 |
| 20150052079 | PROVIDING AN INDEX AND PORTFOLIO WITH DEFINED ACTIVE SHARE LEVEL - A current portfolio comprising financial objects and a current benchmark comprising a subset of the financial objects of the current portfolio are selected. For each unique financial object of the current portfolio and benchmark, an active weight of the corresponding financial object is computed and a current aggregate active weight is derived based on the computed active weight. A primary benchmark is selected, and segments of interest are identified. A segmented benchmark is computed. Then, an intermediate portfolio is computed based on the segmented benchmark and the current aggregate active weight. For each financial object, an intermediate active weight is computed, and for each segment of the intermediate portfolio, an active share of the corresponding segment of the intermediate portfolio is computed. A required active share level is selected. For each segment of the intermediate portfolio, a scaling factor is computed, and a segmented final portfolio including segments is created. | 02-19-2015 |
| 20150052080 | SYSTEMS AND METHODS FOR MANAGING REAL ESTATE INVESTMENTS - Systems and methods are provided for managing real estate investments. A commercial real estate investment management system may be implemented in a software or application. Tools may be provided that may aid in managing the commercial real estate investments. In some embodiments, tools or features may include a live offering memo, geospatial touring, and/or side by side scenario comparison. | 02-19-2015 |
| 20150058256 | Portfolio Optimization by Reduction of Chaotic Intermittency - An investment portfolio management method for creating or rebalancing an investor's securities portfolio based on reducing, completely eliminating, increasing, or maximizing the relative proportion or number of investments that are determined to have an underlying intermittently chaotic nonlinear generating mechanism within the portfolio. The presence of chaos or chaotic traits and intermittent chaos can be indicated by a subset of a group of statistical and mathematical tests of mathematical and statistical chaos. The method utilizes existing statistical tests and mathematical tests chaotic structure in time series combined with the new theory of chaotic portfolio optimization as developed by the inventor. By eliminating or altering the relative intermittently chaotic proportion of investments a portfolio can be optimized by taking advantage of additional information implied by chaotic traits that are not utilized by other methods. This allows the maximization of the portfolio's expected return and the minimization of its risk. | 02-26-2015 |
| 20150058257 | System and Method for Imbedding a Defined Benefit in a Defined Contribution Plan - A system and method comprises a defined contribution module for periodically receiving contributions and for accumulating value over a period of time by investing at least one of the contributions, the accumulated value being capable of: (1) being withdrawn at any time and reinvested, and (2) being paid out after a predetermined period of time; and wherein select investment options comprises investment products and at least one designated defined benefit investment option module for: (1) receiving at least one investment payment from the defined contribution module, the investment payment comprising at least one of the contributions and/or the accumulated value, (2) for paying out a guaranteed minimum income payment for life, after the predetermined period of time, based on a retirement income formula, and (3) increasing the income payment for life for excess performance over the formula. | 02-26-2015 |
| 20150058258 | SYSTEM AND METHOD FOR DISPLAYING A COMBINED TRADING AND RISK MANAGEMENT GUI DISPLAY - A graphic user interface is disclosed that combines a traditional trading, bookkeeping system or clearing system window with a detailed margin and/or collateral asset calculation analysis window on a single screen. The disclosed GUI provides the flexibility to analyze any combination of products or instrument classes such as single stock futures, futures (of all types), options (of all types), forward contracts, security options, securities and cash-based assets. Conventional systems merely block entry of orders beyond a predetermined credit limit or display clearing/bookkeeping information on all types of portfolio or accounts. The disclosed GUI, in an automated real-time or manual execution control basis, provide the user useful information (all types of numerical and/or graphical display) concerning which products contribute to and how much each product position contribute to the margin limits on, for example, multiple levels; all types of product level, product period (duration) level, account level and clearing level, etc. In one embodiment, the margin window may include a “what if” Scenario Panel and an “Actuals” Margin Analysis Panel. This Scenario Panel allows the user to experiment with “what-if” scenarios in real time or on an as-needed basis. This allows the user to better assess the changes an “actual” position(s) or “what-if” position(s) may have on the margin requirements on all account level types. Further, the actual panel displays the account's actual positions and the associated contributions each position has to that account's margin requirements. | 02-26-2015 |
| 20150058259 | METHOD AND SYSTEM OF ENABLING INVESTMENT IN REAL ESTATE ASSETS IN EXCHANGE FOR PERIODIC PAYMENTS - A method and system of enabling an investor to invest in real estate asset in exchange for periodic payments to the owner of the real estate asset includes: a) receiving from the investor criteria for investments in real estate assets, b) obtaining a plurality of applications from the owners of their real estate assets who desire to exchange an interest in potential future appreciation of their respective real estate assets for periodic payments from an investor, each of the applications including information pertaining to the respective owner and to its real estate asset, c) storing the investor criteria and the information pertaining to the owner and its real estate asset, d) reviewing the plurality of applications to determine whether the information in the applications matches the investor criteria, and e) for those of the plurality of applications having information that matches the investor criteria, facilitating each investor to enter into individual contracts with selected ones of the corresponding owners to exchange the periodic payments for an interest in said potential future appreciation of the corresponding real estate assets of selected owners. | 02-26-2015 |
| 20150058260 | System for Modeling Risk Valuations for a Financial Institution - A method and system allowing banks and financial institutions the capability to perform advanced credit and market risk analyses required by central banks and banking regulators or supervisors, such that the banks are in compliance with the Basel II and Basel III Accord requirements. This system is both a standalone and server-based set of software modules and advanced analytical tools that is used to quantify and value credit and market risk, as well as forecast future outcomes of economic and financial variables, and generate optimal portfolios that mitigate risks. | 02-26-2015 |
| 20150066808 | Determining Income Replacement Rates - A computer-implemented method, including executing a plurality of simulations on a retirement account in a retirement plan to produce a plurality of potential retirement account balances at a retirement age and associated confidence levels specifying a predicted level of accuracy of corresponding account balances; selecting, from the range, a particular potential account balance that has a confidence level that exceeds a confidence level threshold; and calculating, by one or more processing devices, a constant periodic withdrawal amount of funds from the retirement account. | 03-05-2015 |
| 20150066809 | COLLECTIVELY ANALYZING HOLDINGS ACROSS MULTIPLE FIXED INCOME PRODUCTS - Systems, methods, and computer-readable mediums (i.e., utilities) for use in enabling corporate treasurers, money managers, and other investors to view and analyze consolidated credit risk on individual investments across multiple money market products (MMPs) and/or multiple accounts. In one aspect, the utilities may generate a database of MMP and related holding information that may be used to research and analyze one or more MMPs and/or underlying securities even if the same MMP or security is associated with different identifiers. In another aspect, the securities or holdings of the MMPs of actual or sample accounts may be aggregated (e.g., by common identifier, sponsor, issuer, etc.) either within MMPs and/or across multiple MMPs and subsequently analyzed to generate inferences and to obtain numerous types of information which may be presented to corporate treasurers and/or other users on a display (e.g., text, charts, graphs, etc.) for use in gauging a company's or other entity's credit exposure and in making decisions based on what is displayed. | 03-05-2015 |
| 20150066810 | SYSTEMS AND METHODS FOR OBTAINING A DETERMINISTIC VALUE FOR ONE OR MORE FINANCIAL PRODUCTS - The invention relates to a system and method for obtaining a deterministic value for one or more financial products. This invention defines one or more rules to obtain the deterministic value for the one or more financial products. The one or more rules include an interest rule, a principal rule and a currency rule. The one or more rules are attached to the one or more financial products and executed at the time of cash flow event calculation to obtain the deterministic value of the interest, the mode of payment and the currency of payment for the one or more financial products. | 03-05-2015 |
| 20150066811 | Determining Income Replacement Rates - A computer-implemented method, including executing a plurality of simulations on a retirement account in a retirement plan to produce a plurality of potential retirement account balances at a retirement age and associated confidence levels specifying a predicted level of accuracy of corresponding account balances; selecting, from the range, a particular potential account balance that has a confidence level that exceeds a confidence level threshold; and calculating, by one or more processing devices, a constant periodic withdrawal amount of funds from the retirement account. | 03-05-2015 |
| 20150074016 | Visualized Market Monitoring - Techniques for passive, visualized monitoring of market data using visuals are described and involve receiving by one or more computers a data stream of current market values for the financial item, applying the data stream to a rules engine to determine a change value and using by the computers the determined change value to retrieve an image according to a selected graphical representation of a financial item, with the change value corresponding to a defined status level for the financial item. | 03-12-2015 |
| 20150074017 | Market Driven Aural Monitor - Techniques for conveying market information to users are described. The techniques are computer driven and involve receiving by one or more computers a data stream of current market values for the financial item, applying by the one or more computers the data stream to a rules engine to determine a change value corresponding to a change between a current value of the financial item and a historical value and using by the one or more computers the determined change value to retrieve an audio file according to a selected audio representation, with the change value corresponding to a defined status, e.g., price, trading volume level for the financial item. | 03-12-2015 |
| 20150081589 | ASSET-BACKED TOKEN PROCESSING WITH ENHANCED PRIVATE-CREDIT EXCHANGE APPARATUS - An apparatus configured with software that enable participants: to generate tokens which can function as a common exchange medium, by means of remitting assets into an asset-pool; to use tokens to redeem assets from the asset-pool; and to exchange other assets for assets in the asset-pool. | 03-19-2015 |
| 20150081590 | SYSTEM AND METHOD FOR ANALYZING THE PERFORMANCE OF MORTGAGE-BACKED SECURITIES AND IDENTIFYING POTENTIAL MORTGAGE BORROWERS - A method for analyzing and forecasting the performance of a mortgage-backed security or pool thereof comprises the steps of collecting actual data relating to mortgage loan transactions and property valuations, determining whether the property value for a particular real property is above or below a current mortgage balance, and associating a performance rating to the real property based on such determination. A method for identifying potential mortgage borrowers comprises the steps of collecting actual data relating to client information and real estate listings, determining whether a client listed therein may be in need of a new mortgage loan, and notifying one or more third-parties of such determination. A system for running the aforementioned methods comprises a computer readable medium, an input means, a processor, and a display module, which system is capable of executing various subroutines and user commands to perform the methods. | 03-19-2015 |
| 20150081591 | SYSTEM AND METHOD FOR COLLATERAL DATA AGGREGATION AND OPTIMIZATION - A system for managing collateral of a client of a financial services provider includes one or more processors configured to execute one or more computer program modules, configured to aggregate collateral data from a plurality of financial subsystems of the financial services provider as aggregated collateral data, the aggregated collateral data being associated with collateral across the plurality of financial subsystems. The program modules are also configured to calculate a cost associated with each of the collateral, across each of a plurality of categories described in the aggregated collateral data, calculate an optimized cost based on a proposed reallocation of the collateral, the optimized cost being associated with a utilized amount of reallocated collateral, and transmit, for viewing on an electronic display communicatively linked with the one or more processors, the optimized cost based on the proposed reallocation. Associated systems and methods are also disclosed. | 03-19-2015 |
| 20150081592 | Adjusted Factor-Based Performance Attribution - Performance attribution results of investment portfolios are often misleading due to correlation between the factor and specific contributions. This correlation is not correctly accounted for in standard factor-based attribution thus leading to potentially erroneous results. The present invention produces an adjusted factor-based performance attribution methodology that moves a portion of the specific return that is correlated with the factor contributions into the factor portion. This methodology adjusts the contribution to a subset of factors and to the specific contributions such that the resulting factor and specific contributions have small correlation. | 03-19-2015 |
| 20150081593 | Method for Deriving Insights by Categorizing Companies Based on Net Sales and Net Profits - The present invention relates to an investment decision making system for providing investment insights. The investment decision making system of the present invention comprises a database server for storing the data essential for providing investment insights, an end user for querying the investment decision system for deriving insights for any entity for a particular period inputted by the end user. The system also comprises a processor configured to determine a net profit change (ΔP) and a net sales change (ΔS) for the queried entity from the data stored in the database server and to allocate the queried entity to any one of the quadrant based on the relative movement of the net profit change (ΔP) and the net sales change (ΔS). | 03-19-2015 |
| 20150081594 | COMMERCIAL INVESTMENT ANALYSIS - A technique for performing commercial venture analysis involves establishing an empirically-derived structure and evaluating companies using analytical techniques within that structure. The technique may involve defining jobs, or goals a customer is attempting to reach, with dozens or even hundreds of outcomes. Ideally, the structure and tools facilitate analysis that would not be possible otherwise. Moreover, the nature of the system enables real-time input for changing conditions and the ability to calculate returns for new markets in which products or services do not exist. | 03-19-2015 |
| 20150088783 | SYSTEM AND METHOD FOR MODELING AND QUANTIFYING REGULATORY CAPITAL, KEY RISK INDICATORS, PROBABILITY OF DEFAULT, EXPOSURE AT DEFAULT, LOSS GIVEN DEFAULT, LIQUIDITY RATIOS, AND VALUE AT RISK, WITHIN THE AREAS OF ASSET LIABILITY MANAGEMENT, CREDIT RISK, MARKET RISK, OPERATIONAL RISK, AND LIQUIDITY RISK FOR BANKS - The present invention is in the field of modeling and quantifying Regulatory Capital, Key Risk Indicators, Probability of Default, Exposure at Default, Loss Given Default, Liquidity Ratios, and Value at Risk, using quantitative models, Monte Carlo risk simulations, credit models, and business statistics, and relates to the modeling and analysis of Asset Liability Management, Credit Risk, Market Risk, Operational Risk, and Liquidity Risk for banks or financial institutions, allowing these firms to properly identify, assess, quantify, value, diversify, hedge, and generate periodic regulatory reports for supervisory authorities and Central Banks on their credit, market, and operational risk areas. | 03-26-2015 |
| 20150095258 | COMPOSITE PORTFOLIO TRADING METHOD, CREATION AND ANALYSIS SYSTEM - A trader is enabled to create, to visualize, to study historical performance, to track, to perform analysis on, to share, to edit and to trade a personal composite instrument (PCI) that includes a first portfolio with a first set or group of assets and their respective quantities, and a second portfolio with a second set of assets and their respective quantities, the first portfolio “traded against” the second portfolio, leading to the creation of a new independent financial entity. Being a flexible and universal tool for traders in financial markets, the PCI provides an opportunity to invent unique financial entities which can open hidden ground for performing an in-depth analysis of assets or even markets and can enhance the trader's ability to set entry and exit points for separate assets or whole portfolios as technical analysis tools and composite price history become available. | 04-02-2015 |
| 20150095259 | SYSTEM AND METHOD FOR INVESTMENT FUND MANAGEMENT - A system and method for investment fund management are provided. The method includes: determining a set of investment strategies based on a predetermined criterion; determining a performance predictor for each investment strategy in the set, wherein the performance predictor is normalized to take into account market conditions; and selecting at least one investment strategy for the investment fund from the set of investment strategies based on the performance predictor. The system includes: a data subsystem configured to receive and store data related to investment strategies; a connection module configured to provide the data subsystem access to external systems; and at least one analyzer, having at least one processor and at least one computational subsystem. | 04-02-2015 |
| 20150095260 | SYSTEM AND METHODS FOR AGGREGATING INVESTMENT, EDUCATIONAL AND ENTERTAINMENT DATA AND DISPLAY OF THE DATA THEREOF - A system and method that aggregates investment, educational and entertainment data for consumers in a visually simplified way. In an embodiment, a system for such aggregated data can include a database containing investment data and investment education data and a processor in communication with the investment database and investment education database. In an exemplary embodiment, the processor may be included in a web server. The processor may be configured to execute instructions to provide a graphical user interface (GUI) to display visuals and accept queries from users according to at least one of the investment data and the investment education data. The GUI can include an educational portion and an investment portion. The processor can be configured to display through the GUI appropriate educational content from the educational portion and appropriate investment content from the investment portion. | 04-02-2015 |
| 20150095261 | SYSTEMS AND METHODS FOR ADMINISTERING INVESTMENT PORTFOLIOS BASED ON TRANSACTION DATA - The disclosed embodiments include systems and methods for administering actual and virtual investment portfolios based on transaction data associated with one or more users. The disclosed embodiments may be configured to modify an investment risk tolerance of a user based on transaction data identifying one or more first products purchased by the user and one or more prior financial services transactions associated with the user. The disclosed embodiments may also be configured to identify one or more first securities based on a portion of the transaction data and the modified investment risk tolerance. In certain aspects, the identified first securities may be related to at least one of the purchased products. | 04-02-2015 |
| 20150095262 | COMPUTING ENVIRONMENT FOR SOCIAL IMPACT INVESTING - Exemplary embodiments of the present disclosure are directed to a computing environment for social impact investing. The computing environment can be programmed and/or configured to provide a platform for user of the environment to contribute to social impact investment instruments as investors, payors, service providers, and/or creators of social impact investment instruments, such as social impact bonds. | 04-02-2015 |
| 20150095263 | SYSTEMS AND METHODS FOR ADMINISTERING INVESTMENT PORTFOLIOS BASED ON TRANSACTION DATA - The disclosed embodiments include systems and methods for administering actual and virtual investment portfolios based on transaction data associated with one or more users. The disclosed embodiments may be configured to modify an investment risk tolerance of a user based on transaction data identifying one or more first products purchased by the user and one or more prior financial services transactions associated with the user. The disclosed embodiments may also be configured to identify one or more first securities based on a portion of the transaction data and the modified investment risk tolerance. In certain aspects, the identified first securities may be related to at least one of the purchased products. | 04-02-2015 |
| 20150095264 | Financial Index - The present invention relates to a financial index, a system and method for structuring a financial index, a system and method for operating a financial index, and a system and method for structuring an investment portfolio. | 04-02-2015 |
| 20150095265 | METHOD AND SYSTEM FOR DETERMINING AN OPTIMUM PLAN FOR RETIREMENT INCOME - The method, system, and computer-readable medium generate and adjust retirement plans. Client information and projection parameters are received from a user and used to generate a first retirement plan. Default values for some information may be presented to verification based upon previously entered information. The first retirement plan is presented to the user simultaneously with a plurality of options to adjust the parameters, which are presented such that the user may adjust the parameters without obscuring the retirement plan information. Upon selection of an option by the user, the retirement plan is adjusted and presented in real-time, which may be implemented by the user's computer without communication with another computer. A reallocation option may be included to request quotes from additional parties, receive the quotes, and reallocate part or all of the value of a client asset to a different type of asset based upon the quotes. | 04-02-2015 |
| 20150100517 | Providing a Guarantee Associated with an Investment - According to one embodiment, a system includes one or more processors operable to receive data indicative of an account associated with one or more investments by an investor in a target date fund. The processors are further operable to calculate a plurality of premium amounts for a plurality of negative guarantees, communicate an indication of the premium amounts and the negative guarantees, and receive an indication of a selection of one of the negative guarantees. The selected negative guarantee provides a guarantee that, at a realization date, an account value of the account will be at least equal to an amount less than a principal amount regardless of market performance of the target date fund. The processors are further operable to, at the realization date, determine whether the selected negative guarantee was met by the account value, and communicate an indication of whether the selected negative guarantee was met. | 04-09-2015 |
| 20150100518 | ADMINISTERING A CYCLE-BASED COLLARED INVESTMENT OPTION - A system for administering a cycle-based collared investment option may include a processor, memory, and an application stored in memory. The application may be executable by the processor to receive a cycle order. The cycle order may include investment data and a plurality of cycle parameters. The application may further by executable by the processor to send a derivative contract transaction request to a hedge advisor. The derivative contract transaction may be based on the investment data and cycle parameters. The application may further by executable by the processor to receive a daily market value corresponding to a held derivative contract from the hedge advisor. The application may further by executable by the processor to calculate a cycle interim value rate of return. The cycle interim value may be calculated by applying a predetermined formula that accounts for the daily market value received from the hedge advisor. | 04-09-2015 |
| 20150100519 | SYSTEMS AND METHODS FOR IDENTIFYING PRODUCT RECOMMENDATIONS BASED ON INVESTMENT PORTFOLIO DATA - The disclosed embodiments include, for example, systems and methods for providing recommendations of one or more alternative products to a user based on investment portfolio data. In one aspect, the disclosed embodiments may include a system that is configured to obtain information associated with one or more products of interest to the user. In certain aspects, the obtained information may identify a product previously purchased by the user, one or more products that form a shopping list of the user, and/or a product identified by the user as a potential purchase. The system may be configured to identify one or more alternative products that are similar to the products of interest and that are related to one or more securities associated with an investment portfolio of the user. | 04-09-2015 |
| 20150106302 | PROCESSING SECURITIES-RELATED INFORMATION - Embodiments of the invention provide techniques for improving clarity of disclosure materials provided to investors, by enabling securities issuers, intermediaries and/or other entities to create and disseminate clear and concise summary-level information on individual securities to investors to enable informed investment decisions. The information may include a summary version of the full statutory prospectus (a “summary prospectus”). A summary prospectus may include a concise, “plain English” synopsis and/or representation of certain information contained in the full statutory prospectus, such as a security's investment objectives and strategies, costs, risks and/or other information. | 04-16-2015 |
| 20150112889 | ACHIEVING MARGIN CAPITAL EFFICIENCIES USING LINEAR PROGRAMMING - A minimum margin requirement associated with an account may be determined by calculating, by a computer system, a first margin requirement for each of a plurality of derivatives positions associated with an account, calculating, by the computer system, a second spread margin requirement for each of one or more spread positions corresponding to the plurality of derivatives positions associated with the account, and determining, by the computer system, a minimum account margin requirement for the account using a linear programming technique and based on the first margin requirement for each of the plurality of derivatives positions and the second spread margin requirement for each of the one or more spread positions. | 04-23-2015 |
| 20150112890 | SYSTEM AND METHOD FOR EVALUATING A SERVICE PROVIDER OF A RETIREMENT PLAN - A system and method for analyzing a service provider of a retirement plan and comparing the service provider against the service providers associated with a group of similar plans is disclosed. In one embodiment, a computer system for evaluating a service provider of a retirement plan comprises a computer server having a database comprising a plurality of data defining a plurality of characteristics of each of a plurality of retirement plans, software configured to identify a subset of the plurality of retirement plans having characteristics comparable to characteristics of the selected retirement plan in view of the type and characteristics of the service provider, software configured to permit the selection of at least one report providing the comparison of the service provider, and software configured to automatically generate the selected at least one report. | 04-23-2015 |
| 20150120608 | INTERACTIVE MULTIDIMENSIONAL PORTFOLIO ANALYSIS - Financial portfolios are analyzed based on a number of statistics and presented as a visualization on a display. The visualization is changeable based on user inputs, including definition by the user of a analysis period and selection of specific statistical filters. The visualization responds to the inputs substantially in real-time. | 04-30-2015 |
| 20150120609 | Methods and systems for providing liquidity on exchange-traded investment vehicles, including exchange-traded funds, while preserving the confidentiality of their holdings - Methods and computer-based system to enable an exchange-traded vehicle to facilitate hedging by a third party against the value of the investment portfolio of the said exchange-traded vehicle. The methods and system disclosed enable a dedicated entity, closely integrated with the exchange-traded vehicle, to offer reliable hedging services while preserving the confidentiality of the said vehicle's investment portfolio holdings. Processes around control and performance reporting for the dedicated entity eliminate potential conflicts of interest and ensure adequate transparency to market participants. | 04-30-2015 |
| 20150120610 | Beam Scale Apparatus Implemented for Visual Assessment of Financial Plans - A beam scale apparatus, which can be implemented as a physical apparatus or presented as a graphical representation through computer-based system, is provided for visually assessing a financial plan and the impact of changes thereto. | 04-30-2015 |
| 20150120611 | Systems and Methods for Multi-Style Portfolio (MSP) Cash Flow Enhancement - Systems and methods are provided for multi-style portfolio cash flow enhancement. The systems and methods include identifying a first set of one or more investment sleeves within an investment account as underweighted relative to a desired target and identifying a second set of one or more investment sleeves within the investment account as overweighted relative to the desired target, where the investment account includes a plurality of investment sleeves and where each investment sleeve includes at least one asset. The systems and methods further include generating one or more sell orders in the second set to rebalance at least one overweighted investment sleeve of the second set to the desired target, associating one or more cash flows with each sell order, where each of the one or more cash flows is further associated with one of the underweighted sleeves of the first set, and performing at least one of the one or more cash flows to flow cash to one or more of the underweighted sleeves if the corresponding sell order is successfully executed. | 04-30-2015 |
| 20150120612 | BINIOG SATHI APPARATUS, SYSTEM, AND A METHOD THEREOF - The present invention relates generally to an inventive concept in investment and charitable contributions. The present invention also contemplates modifying the existing banking model with the incorporation of a zakat or charity fund that will allow the financial institutions to mitigate the default risk for loans. This invention finds a sustainable solution to the problems of debt default in the financial services industry with the help of zakat or charity funds from a partnering zakat or charity entity. It also strengthens the existing Islamic banking model complying with all the sharia principles. This invention develops a banking model that will be acceptable to all individuals and businesses seeking loans irrespective of race, color, religion, social class, etc., and wherein each loan being given by the financial services industry to a borrower using the Biniog Sathi process is backed or supported by a charity entity using zakat or charity funds. | 04-30-2015 |
| 20150120613 | REAL-TIME TRADE FORECASTER - Forecasting financial market activity includes a host system and a graphical processing unit in data communication with the server. Forecasting financial market activity also includes a computer program product residing on the host system, the computer program product including instructions for causing the host system to send one or more financial models to the graphical processing unit; and a computer program product residing on the graphical processing unit for causing the graphical processing unit to: receive the financial models and a list of types of market data associated with each financial model; generate one or more engine instances; structure the received market data; receive instructions, from the host system, to run an identified financial model; clone at least part of the structured market data; run the engine instances; and generate, in real time, forecast data indicative of an expected market performance. | 04-30-2015 |
| 20150127580 | Equalizer - A system, method, and computer program product for modeling a risk are provided. An equalizer and an equalizer backend model portfolio risk based on a scenario generated by the equalizer. A scenario includes an active factor, a passive factor, and a change in an active factor level. To model portfolio risk, the equalizer backend uses two-tiered regression analysis. In the first regression, the equalizer backend regresses the passive factor against the active factor and determines changes in a passive factor level. In the second regression, the equalizer backend regresses the changes in the passive and active factor levels against positions in the portfolio that models portfolio risk. The equalizer displays the modeled portfolio risk. | 05-07-2015 |
| 20150127581 | Planning Tool for Determining a Future Cost of Retirement - A future cost of retirement planning tool conveniently translates lump-sum investment amounts into a future lifetime annual income amount. This future lifetime annual income amount is predicted as a function of retirement date, future pre-retirement saving rate, retirement income goal, and investment portfolio composition. The planning tool also provides probability distributions (or other measurements of variability) of the predicted future lifetime annual income amount based on the foregoing factors. This information is presented to a user in a convenient graphical interface. | 05-07-2015 |
| 20150127582 | SYSTEM, METHOD, AND COMPUTER READABLE MEDIUM FOR CALCULATING MIXED FREQUENCY VALUATION CHANGES OF ILLIQUID ASSETS - Methods and systems for determining mixed frequency valuations and valuation changes for illiquid assets. | 05-07-2015 |
| 20150134564 | PREDICTING ECONOMIC CONDITIONS - Computer-implemented methods for identifying or assessing any type of risk and/or opportunity that may arise can include either, alone or in combination, band pass filtering, principal component analysis, random matrix theory analysis, synchronization analysis, and early-warning detection. Each technique can also be viewed as a process that takes a set of inputs and converts it to a set of outputs. These outputs can be used as inputs for a subsequent process or the outputs may be directly actionable for formulating certain economic predictions to make certain decisions. | 05-14-2015 |
| 20150134565 | PREDICTING ECONOMIC CONDITIONS - Computer-implemented methods for identifying or assessing any type of risk and/or opportunity that may arise can include either, alone or in combination, band pass filtering, principal component analysis, random matrix theory analysis, synchronization analysis, and early-warning detection. Each technique can also be viewed as a process that takes a set of inputs and converts it to a set of outputs. These outputs can be used as inputs for a subsequent process or the outputs may be directly actionable for formulating certain economic predictions to make certain decisions. | 05-14-2015 |
| 20150134566 | Computer-Implemented Systems and Methods for Hedging with Counterbalancing Capacity - This disclosure describes computer-program products, systems and computer-implemented methods for optimal liquidity reserve planning. Liquidity portfolio optimization models are disclosed that hedge with contractual cash flows and/or hedge with counterbalancing capacity. With respect to hedging with contractual cash flows, disclosed embodiments receive a minimum solvency rate for a simulation of future events that specifies a percentage of simulation scenarios in which a solvent stress test outcome is achieved, and a minimum cost portfolio is identified that provides solvency in a percentage of simulation scenarios that meets or exceeds the minimum solvency rate. With respect to hedging with counterbalancing capacity, a hedging portfolio is structured by executing a liquidity portfolio optimization model, which prescribes a series of liquidity execution actions related to management of the hedging portfolio with respect to at least one random simulation scenario. | 05-14-2015 |
| 20150134567 | EMPLOYEE STOCK OWNERSHIP PLAN (ESOP) MANAGEMENT SYSTEM AND METHOD - Computer-implemented systems and methods operate a customized financial product plan for a sponsoring company. A rules engine executes rules to determine insurance coverage limit data for product plan participants based on available insurance coverage. In addition, a web-based program gathers current status data related to customized financial products, and yields a remaining balance able to be deposited without exceeding FDIC account limits. | 05-14-2015 |
| 20150134568 | STRATIFIED COMPOSITE PORTFOLIOS OF INVESTMENT SECURITIES - A stratified composite portfolio can be formed by selecting a group of investment securities, stratifying them according to attributes that correlate to a specific asset risk, and assigning relative portfolio weights to the components based on their stratified positions. The attributes are selected from a universe of possible values. Further positive and negative biases can be applied at any arbitrary point or stratified position, including to individual assets, groups of arbitrarily selected assets, or arbitrary stratification positions. | 05-14-2015 |
| 20150134569 | DOMAIN-SPECIFIC SYNTACTIC TAGGING IN A FUNCTIONAL INFORMATION SYSTEM - The invention relates to systems and methods using a logical data model for aggregating data entities in a functional information system supported upon a computing platform, and also for providing systems and methods for analyzing economic information using a functional coordinate system. | 05-14-2015 |
| 20150142696 | Investment management system accuracy increasing method - A method of improving investment performance models accuracy by taking into the account the effects of model optimization process that leads to systematic calculation errors caused by the limited amount of available historical investment data and a method of testing such systems that creates artificial historical investment data with known theoretical performance for such models. An investment management system comprising user interaction interface comprising a manual step of entering time independent investment algorithm, and automatic steps of performing all other necessary calculations leading to the production of real time portfolio management instructions. | 05-21-2015 |
| 20150142697 | Stock Slots - Stock market performance is used and that data is translated into slot machine results. The application-based slot machine that uses a formula to translate stock performance into slot machine spin results. The application-based slot machine combines the excitement and entertainment value of casino gambling with the importance of saving or investing. Instead of “winnings” or “losses” being a result of gambling, they are a result of investment choices. By making investing/saving fun, the application-based slot machine encourages smart investing rather than true casino gambling. | 05-21-2015 |
| 20150142698 | Method and Apparatus for Representing and Modeling Concepts in Finance - A method and apparatus for presenting, managing and manipulating financial and econometric data are presented. The method and apparatus presented provide a virtual financial laboratory that allows a user to test and verify financial “Concepts”. The disclosed method and apparatus allows a user to learn how to wisely invest money and manage investments based on an enhanced understanding gained through the testing and verifying of financial Concepts. Some of these embodiments are directed toward a method and apparatus for modeling and simulating events. | 05-21-2015 |
| 20150149386 | Piggy Bank Account/Penny Bank Account/PBA - Piggy bank account or penny bank account(PBA) is a new model of interne banking business that do like a merchant to charging assigned debit and credit cards to feed a PBA account that is saving and retirement account for customers. PBA is a system and methods that track expenses of customers on assigned cards (credit and debit) through an automated special web connection with bank card issuer's website to pull out the transaction information. PBA charge assigned cards according to preselected contribution plans. PBA provide highly convenience method for people who want to save and invest with each purchase. | 05-28-2015 |
| 20150149387 | SYSTEMS AND METHODS FOR CONSTRUCTION OF EXCHANGE TRADED PRODUCTS - A method of creating one or more exchange traded products is provided. The method includes the steps of: (a) analyzing a plurality of investor managed individual security accounts to determine at least one investment characteristic for each of a plurality of investors; generating an investment objective and risk profile for each investor based on the results of step (a); and (c) creating one or more exchange traded products using the profiles generated for the plurality of investors. | 05-28-2015 |
| 20150149388 | Investment Management System - An investment management system includes aspects of a points based social network. The system assigns point values, badges, levels and statuses to investors. The system permits investors to create investment proposals for a particular investment target company, including an amount of money and other terms. The system can group compatible investment proposals together so that they can be presented to the target as a single, larger proposal. The system can permit target companies to see what investment offers are available on a given set of terms, and permit the target companies to alter proposed terms and see the effect such an alteration has on available investment offers. | 05-28-2015 |
| 20150294418 | SYSTEM AND METHOD FOR DISPLAYING AND ANALYZING FINANCIAL CORRELATION DATA - A method for displaying a matrix of correlations or other statistical measures of co-movement associated with a plurality of financial instruments, portfolios, indices, or asset classes is disclosed. The method includes: converting the matrix of correlations or other co-movement measures into a probability transition matrix; defining a corresponding abstract distance measurement between any two of the plurality of financial instruments, portfolios, indices, or asset classes based on the probability transition matrix; assigning coordinates in a Euclidean space to each of the plurality of financial instruments, portfolios, indices, or asset classes, wherein a Euclidean distance between any two financial instruments, portfolios, indices, or asset classes in the Euclidean space corresponds to the corresponding abstract distance measurement; and displaying on a display device the plurality of financial instruments, portfolios, indices, or asset classes based on more significant dimensions of the Euclidean space. | 10-15-2015 |
| 20150302524 | Method and System for Generating Compliance Data - A computer implemented method for generating financial compliance data including generating by a computer system a risk tolerance questionnaire receiving data inputted by a user and stored in a first database on a computer readable medium in communication with the computer system; the risk tolerance questionnaire including data fields representative of a user's financial risk tolerance; generating by the computer system a know-your-client user profile stored in a second database on a computer readable medium in communication with the computer system; and mapping one or more fields from the first database onto one or more fields from the second database, such that the know-your-client user profile is at least partially completed with data obtained from the risk tolerance questionnaire. | 10-22-2015 |
| 20150302525 | METHOD OF MATCHING HEDGE FUNDS AND INVESTORS AND APPARATUS THEREFOR - A method for matching a hedge fund and a hedge fund investor, and apparatus therefore, may utilize databases that may be searched by search engines. The databases and the search engines may be accessed using a website. Information regarding the investor may be stored in one database and information relating to the hedge fund may be separately stored in the other database. An investor may access the search engine associated with the database containing hedge fund information to identify hedge funds that may be relevant to that investor. Likewise, a hedge fund may access the search engine associated with the database containing investor information to identify qualified investors that may be interested in the hedge fund. | 10-22-2015 |
| 20150310554 | System And Method For A Computer Implemented Retirement Plan - A system and method for a computer implemented retirement plan directing inputs to defined benefit and defined contribution components whereby an employee or beneficiary is provided a single income stream, wherein comprising time phase shifted or stacked payout of the defined contribution balance from retirement to a predefined date, followed by payments by the defined benefit component from the predefined date until the death of the employee or beneficiary. | 10-29-2015 |
| 20150310555 | SYSTEMS AND METHODS FOR TRADING ACTIVELY MANAGED FUNDS - The invention provides systems and methods for intra-day trading of actively managed exchange traded funds (AMETFs). The invention provides creation and redemption structures for AMETF shares that allow arbitrage, intra-day value estimations for AMETF shares, and hedging portfolios for hedging risks associated with trading AMETF shares, all without requiring disclosure of the specific assets underlying the AMETF. | 10-29-2015 |
| 20150317726 | GOAL PLANNING SYSTEM AND METHOD - A method of identifying and prioritizing goals for retirement is provided. The method comprises obtaining by a computer a list of goals from a user to create a first list and providing a list of pre-selected goals to the user. The user's preferred goals are obtained by a computer from the list of pre-selected goals to create a second list and the first list and the second list are combined into a combined list. In the next step, the goals are prioritized by a computer on the combined list based on the user's preferences. A first question is proposed by a computer to the user and the user's response to the first question is recorded by a computer. The goals are reprioritized by a computer on the combined list based on the user's preferences. | 11-05-2015 |
| 20150317727 | ON-LINE SAVINGS ACCOUNT - An on-line savings page for managing a savings account includes a list of items the user is saving for, where each item has a specified priority. A savings rate for each item is determined by the savings account based on the priority and total savings rate. The user is notified of any changes in the savings account, such as price changes, inventory changes, etc., as well as relevant information related to the item, such as sales, offers, recalls, etc. | 11-05-2015 |
| 20150317736 | METHODS AND TOOLS FOR GURANTEEING PORTFOLIO EXPECTED RETURN WHILE MINIMIZING RISKS - Methods and tools for guaranteeing portfolio expected return while minimizing risks are disclosed, Firstly, extracting the user's investment portfolio, the expected return data, the user's position in upper and lower limits of the various investment and the long and short positions in investment requirements and the user's investment orientation, and quantitatively calculating portfolios of financial risks in all positions; Secondly, according to the result of user's data and system risk quantitative calculation and the profit and loss optimization value, dynamically adjusting the actual effective boundary; within the multi-dimensional actual effective boundary calculating the optimum portfolio weights ratio to meet the user's expectation of investment returns and position limits, while minimizing investment risks; Then, listing the corresponding increase or decrease in trading, profit and loss and cash flow when transforming the current portfolio into the optimized portfolio, thus improving the user's investment performance while reducing investment risks. | 11-05-2015 |
| 20150317737 | SYSTEM AND METHOD OF MANAGING RISK IN AN INVESTMENT FUND - A method of managing risk in an investment fund is implemented on a computer based system. The method includes (a) determining a primary investment in accordance with a primary investment objective; (b) determining a secondary investment objective that is a financial opposite of the primary investment objective; (c) determining secondary investment in accordance with the secondary investment objective; (d) performing a rebalancing cycle having (i) at a first point, (1) calculating a net asset value of the investment pair according to formula EQ.NAV=(EQ.primary+EQ.secondary); (2) calculating a nominal net asset value according to formula NN.NAV=(HU.primary*PI.market price+EQ.secondary) (3) calculating an actual leverage factor according to formula LF.actual=(NN.NAV/EQ.NAV); (ii) at a second point calculating by a computer of a rebalance trade of the primary investment according to formula RBTR=(EQ.NAV*LF.target−NN.NAV). | 11-05-2015 |
| 20150317738 | COMPUTERIZED METHOD AND SYSTEM FOR SECURE COMMUNICATION, AND METHOD AND SYSTEM FOR MATCHING CUSTOMERS WITH OPTIONS FOR INVESTMENT - A computerized system includes a server which can be accessed by a plurality of customers (investors), and by suppliers of options for investments. The suppliers upload the options to the server. Each investor creates an investment profile indicative of investments suitable for that investor, and the server automatically matches the investors to one or more of the options for investment according to the profile, and transacts chosen investments based on data entered using said functions. Customer-specific data describing the details of the investments made by the investors is stored at locations associated with the investors, and a computer system at that location repeatedly forms a temporary communication path with the server, so that, in the case that a report is to be produced based on the data, the server can communicate with the computer system at the location associated with the customer to obtain the required data. | 11-05-2015 |
| 20150324918 | METHODS AND SYSTEMS FOR COLLABORATIVE PORTFOLIO OPTIMIZATION - Method and systems for collaborative portfolio optimisation comprising aggregating, in a server, data associated with portfolios of investments of an online community of users; determining, using the server, performance and risk of each portfolio; and generating, using the server, user interfaces presented on clients that enable users to: filter, compare and follow portfolios of other users based on portfolio performance and risk; add portfolios being followed into target portfolios; and select percentage weightings of portfolios being followed that are added into the target portfolios. | 11-12-2015 |
| 20150324919 | SEGMENTATION AND STRATIFICATION OF COMPOSITE PORTFOLIOS OF INVESTMENT SECURITIES - A stratified or segmented composite portfolio can be formed by selecting a group of investment securities, stratifying or segmenting them according to attributes that correlate to a specific asset risk, and assigning relative portfolio weights to the components based on their stratified or segmented positions. The attributes are selected from a universe of possible values. Further positive and negative biases can be applied at any arbitrary point or position, including to individual assets, groups of arbitrarily selected assets, or arbitrary positions. | 11-12-2015 |
| 20150332400 | Method and system for creating a portfolio of equity securities for an investment portfolio - A computer implemented method and system for selecting stock equities for inclusion in a strategic investment portfolio. The system creates a universe of companies that meet all pre-set conditions based upon Market Capitalization, Senior Unsecured Credit Rating, Outstanding Short and Long term Debt, Shareholders Equity and Dividend History. The companies in this universe are sorted by the net debt as a ratio of shareholders' equity, lowest to highest. The lowest 100 are chosen for “The Cascade Approved 100”. From this list five distinct portfolio strategies are derived: The Lowest Leverage Portfolio, The Total Return Portfolio, The Revenue Growth Portfolio, The Dividend Growth Portfolio and the Low Variability Portfolio. | 11-19-2015 |
| 20150332401 | PERFORMANCE ATTRIBUTION FOR AN INVESTMENT FUND - Methods and apparatuses, including computer program products, are described for performance attribution for an investment fund. A server determines a selected asset allocation for a primary investment fund based upon a manager-selected weight and asset class exposures. The server determines a first rate of return based upon the selected asset allocation. The server generates a comparison investment fund. The server determines a second rate of return for the comparison investment fund. The server compares the second rate of return and a third rate of return for the primary investment fund to generate a fund selection contribution value. The server compares the first rate of return and the second rate of return to generate an opportunity set contribution value. The server determines a level of performance attributable to a manager of the primary investment fund based upon the fund selection contribution value and the opportunity set contribution value. | 11-19-2015 |
| 20150332402 | SYSTEM AND METHOD FOR PROVIDING ADDITIONAL INCOME FOR ANNUITIES - Methods and a system for providing an annuity having income payments and receipt of a dividend. The method comprises receiving a dividend and having the option to receive the dividend in cash, convert it into an income payment stream, defer a portion of the value of the dividend declared to convert into a future dividend stream, or any combination of the foregoing. A portion of a value of dividends from the annuity can be used to purchase additional income payments. Future dividend payments may be based on additional income payments purchased with dividends. The dividend can be used to purchase additional income payments with a first portion of a value of dividends from the annuity and receive a cash payment with a second portion of the value of the dividends from the annuity. The dividend purchased portion of the income payment may be converted to a non-dividend income payment. | 11-19-2015 |
| 20150332403 | Calculating Liquidity Margin Requirements - Systems and methods are provided for calculating margin requirements and stress testing exposures of cleared credit portfolios. These margin requirements are calculated using the following components: spread risk, idiosyncratic risk, interest rate, and liquidity risk. The calculation of these risk components is accomplished with a detailed statistical analysis of the risk factors underlying instruments, such as a credit default swap instrument. | 11-19-2015 |
| 20150332404 | MARGIN REQUIREMENT DETERMINATION AND MODELING FOR CLEARED CREDIT - Systems and methods are provided for calculating margin requirements and stress testing exposures of cleared credit portfolios. These margin requirements are calculated using the following components: spread risk, idiosyncratic risk, interest rate, and liquidity risk. The calculation of these risk components is accomplished with a detailed statistical analysis of the risk factors underlying instruments, such as a credit default swap instrument. | 11-19-2015 |
| 20150332405 | SYSTEM AND METHOD FOR EVALUATING AN IDEA WITH EXPERT REVIEW OVER A COLLABORATIVE PLATFORM - A system and method for providing unbiased, expert panel to review a requested idea is disclosed. This invention relates to a computerized, online system that facilitates the review of an idea for investment chosen by an investor. The expert panel is either selected by the investor, automatically suggested, or recommended through the administrator system based on internal data corresponding to the experts. Experts are selected based on ability to provide the most relevant scoring and fitting analysis of the chosen idea. The investor is able to assign a percentage weight not only to the experts, but upon the criteria factors of analysis as well to eliminate any potential bias of one particular expert. The experts analyze the innovation or idea based on pertinent criteria in this field and subsequently recommend a monetary value or equity exchange suitable for investing in the particular idea. | 11-19-2015 |
| 20150332406 | SYSTEMS AND METHODS FOR CHECKING MODEL PORTFOLIOS FOR ACTIVELY MANAGED FUNDS - Embodiments include systems and methods for evaluating the integrity of a model portfolio designed to have substantially the same values, returns, or risk characteristics as a financial instrument. Embodiments include operating a first computer to perform a statistical comparison between said model portfolio and the financial instrument, wherein said statistical comparison compares at least one of the periodic values, returns, and risk characteristics of the model portfolio and the financial instrument over some period of time. The results of the statistical comparison are periodically published throughout a trading day for use by a trader to at least one (i) price and (ii) hedge an investment in the financial instrument. According to embodiments, the model portfolio does not reveal the holdings of a reference asset for the financial instrument. | 11-19-2015 |
| 20150339775 | Investment portfolio performance presentation method - A method of displaying statistically distributed investment portfolio return rate emphasizing the statistical nature of the return rate, its relation to the portfolio holdings and the method of avoiding the misrepresentation caused by systematic errors is described. | 11-26-2015 |
| 20150339776 | FACILITY-INVESTMENT-SCENARIO PROVIDING DEVICE AND METHOD - To provide the information showing when the production facility is to be added or changed in order to obtain a larger income, a facility-investment-scenario providing device includes a facility-investment-scenario storage unit for storing a facility investment scenario having a facility investment pattern associated with each of periods obtained by dividing a total period for producing a product by every predetermined interval, and acquires the facility investment scenario corresponding to a selecting-input-received condition from the facility-investment-scenario storage unit and displays the facility investment pattern corresponding to each of the periods based on the acquired facility investment scenario. | 11-26-2015 |
| 20150348192 | ELECTRONIC PLATFORM FOR MANAGING INVESTMENT PRODUCTS - Example embodiments of the present invention are directed to an integrated system and methods performed thereon for identifying customized structured investment products, certifying users to use and sell such customized structured products, selling and trading such customized structured products, and monitoring the performance of the customized structured products. The customized structured products are built from real time market data, client specific data, and/or performance metrics of other customized structured products | 12-03-2015 |
| 20150348194 | SYSTEMS AND METHODS FOR CHECKING MODEL PORTFOLIOS FOR ACTIVELY MANAGED FUNDS - Embodiments include systems and methods for evaluating the integrity of a model portfolio designed to have substantially the same values, returns, or risk characteristics as a financial instrument. Embodiments include operating a first computer to perform a statistical comparison between said model portfolio and the financial instrument, wherein said statistical comparison compares at least one of the periodic values, returns, and risk characteristics of the model portfolio and the financial instrument over some period of time. The results of the statistical comparison are periodically published throughout a trading day for use by a trader to at least one (i) price and (ii) hedge an investment in the financial instrument. According to embodiments, the model portfolio does not reveal the holdings of a reference asset for the financial instrument. | 12-03-2015 |
| 20150348195 | SYSTEMS AND METHODS FOR TRADING ACTIVELY MANAGED FUNDS - Embodiments include systems and methods for evaluating the integrity of a model portfolio designed to have substantially the same values, returns, or risk characteristics as a financial instrument. Embodiments include operating a first computer to perform a statistical comparison between said model portfolio and the financial instrument, wherein said statistical comparison compares at least one of the periodic values, returns, and risk characteristics of the model portfolio and the financial instrument over some period of time. The results of the statistical comparison are periodically published throughout a trading day for use by a trader to at least one (i) price and (ii) hedge an investment in the financial instrument. According to embodiments, the model portfolio does not reveal the holdings of a reference asset for the financial instrument. | 12-03-2015 |
| 20150348196 | System and method for financial forecasting and report generation - A system and method for financial forecasting and report generation provides a computerized system for providing forecasts of possible future financial outcomes and generating a report to explain the results of the forecasts. The system receives and stores information related to the forecast, generates a series of possible future financial outcomes, and provides a customizable framework for displaying obtained results and generating reports depicting the obtained results. | 12-03-2015 |
| 20150348197 | Repurchase agreement analytics across multiple fixed income products - Systems, methods, and computer-readable mediums (i.e., utilities) for use in enabling corporate treasurers, money managers, and other investors to view and analyze consolidated credit risk on individual investments across multiple money market products (MMPs) and/or multiple accounts. In one aspect, the utilities may generate a database of MMP and related holding information that may be used to research and analyze one or more MMPs and/or underlying securities even if the same MMP or security is associated with different identifiers. In another aspect, the securities or holdings of the MMPs of actual or sample accounts may be aggregated (e.g., by common identifier, sponsor, issuer, etc.) either within MMPs and/or across multiple MMPs and subsequently analyzed to generate inferences and to obtain numerous types of information which may be presented to corporate treasurers and/or other users on a display (e.g., text, charts, graphs, etc.) for use in gauging a company's or other entity's credit exposure and in making decisions based on what is displayed. | 12-03-2015 |
| 20150348198 | REPURCHASE AGREEMENT REPORTING ACROSS MULTIPLE FIXED INCOME PRODUCTS - Systems, methods, and computer-readable mediums (i.e., utilities) for use in enabling corporate treasurers, money managers, and other investors to view and analyze consolidated credit risk on individual investments across multiple money market products (MMPs) and/or multiple accounts. In one aspect, the utilities may generate a database of MMP and related holding information that may be used to research and analyze one or more MMPs and/or underlying securities even if the same MMP or security is associated with different identifiers. In another aspect, the securities or holdings of the MMPs of actual or sample accounts may be aggregated (e.g., by common identifier, sponsor, issuer, etc.) either within MMPs and/or across multiple MMPs and subsequently analyzed to generate inferences and to obtain numerous types of information which may be presented to corporate treasurers and/or other users on a display (e.g., text, charts, graphs, etc.) for use in gauging a company's or other entity's credit exposure and in making decisions based on what is displayed. | 12-03-2015 |
| 20150348199 | SPONSOR-BASED ANALYTICS ACROSS MULTIPLE FIXED INCOME PRODUCTS - Systems, methods, and computer-readable mediums (i.e., utilities) for use in enabling corporate treasurers, money managers, and other investors to view and analyze consolidated credit risk on individual investments across multiple money market products (MMPs) and/or multiple accounts. In one aspect, the utilities may generate a database of MMP and related holding information that may be used to research and analyze one or more MMPs and/or underlying securities even if the same MMP or security is associated with different identifiers. In another aspect, the securities or holdings of the MMPs of actual or sample accounts may be aggregated (e.g., by common identifier, sponsor, issuer, etc.) either within MMPs and/or across multiple MMPs and subsequently analyzed to generate inferences and to obtain numerous types of information which may be presented to corporate treasurers and/or other users on a display (e.g., text, charts, graphs, etc.) for use in gauging a company's or other entity's credit exposure and in making decisions based on what is displayed. | 12-03-2015 |
| 20150348200 | SYSTEMS AND METHODS FOR FACILITATING COMMUNICATION AND INVESTMENT - Systems, methods and techniques for facilitating communication and investment between prescreened investors and businesses seeking capital. The computer-aided system and method comprise a secure platform through which investors and businesses can interact. Business data is made accessible to the appropriate users, and investors can browse the same while remaining anonymous. Additionally, the system and method can categorize and sort businesses into targeted subsets pursuant to investor-defined parameters, thereby enabling investors to focus on and research a smaller group of businesses. The facilitating communication and investment system and method hereof further enables investors to contact targeted businesses directly through the secure platform to facilitate communication therebetween. | 12-03-2015 |
| 20150348201 | AUTOMATED TOOL FOR INVESTMENT TECHNOLOGIES - A method for creating at least one investment strategy, the method including the steps of inputting user data via a user interface to identify a user; utilising said user data to retrieve statistical and reference data relevant to said user from a database; generating at least one investment strategy for the user based on the user data and retrieved statistical and reference data; displaying said at least one investment strategy. | 12-03-2015 |
| 20150356525 | SYSTEMS AND METHODS FOR ALTERNATIVE DIGITAL CURRENCY - In one embodiment, a system for mobile alternative currency transforms accumulated private financial liabilities into a means of digital payment. Advantageously, debtors are provided with liquidity, typically in the form of additional spending power. Providers of goods and services, typically retailers, can also increase revenue while creditors are provided with a net financial enhancement mechanism applicable to their claims and additional net profits. | 12-10-2015 |
| 20150356684 | Financial Portfolio Analysis Systems and Methods - Provided are systems and methods relating to financial portfolio analysis, including a computer processing structure configured to compare an investment to a metric that may be selected from a list or may be specially constructed as a hybrid, weighted metric from a plurality of indexes and other sub-metrics. The computer processing structure is specially adapted to apply SPC-like statistical analysis to one or more investments in view of the selected metric, and to optionally provide alerts when statistically significant events occur. The computer processing structure may also be specially adapted to output a variety of reports that may be color coded to indicate degree of compliance with predetermined criteria and to highlight issues and raise questions. | 12-10-2015 |
| 20150363881 | Program and Method for Investing Cooperatively in the Property of Wholesale Goods - This invention is for a cooperative investment program. For this cooperative investment program, the credit union and bank's administrators operate the software program that houses the method of investing in the property of wholesale consumer goods. The administrators organize the program of investing in the goods by dividing the goods into four departments, which are groceries, clothing, computer electronics and automobiles. The credit union and bank manages the investors' monthly investments and the compensation for investing in the property of wholesale consumer goods. The credit union uses the money as the financial engine that opens the cooperatively owned stores and buys the goods that go in these stores. The credit unions and banks are also the campaign hubs that organize the marketing and recruitment for the investment program and its method which is the Force Matrix used to invest in these four areas of the property of wholesale consumer goods. | 12-17-2015 |
| 20150363882 | SYSTEMS, METHODS, AND COMPUTER PRODUCTS FOR AN ADJUSTABLE GUARANTEED BENEFIT RETIREMENT PLAN - Technologies are described herein for providing a funding-adjusted guaranteed benefit in a retirement plan. In some aspects, the employer may make a commitment to contribute a fixed percentage of payroll each payroll cycle. An actuarial basis may be used to determine liabilities in the plan. An actuary, or other suitable technology, may determine the benefit which is the funded portion using the fixed percentage. The funded portion may be reduced by a margin. In some examples, a retirement plan executed according to various technologies described herein can guarantee a benefit of half of the funded portion as reduced by a margin. In the event the plan is overfunded by 100% or more, in some examples, the plan may pay double the guaranteed benefit. | 12-17-2015 |
| 20150363883 | RESTRUCTURED CAPITAL APPRECIATION BONDS - A computer-implemented technique restructures a capital appreciation bond (CAB) by using market data among other data to offer an incentive to a current owner of the CAB to sell voluntarily his or her bond back to the school district that issued the bond. This resold CAB is, in turn, replaced with a restructured lower cost bond, i.e., a CAB restructured bond (CRB), through a particular refinancing, computer-implemented, process referred to as bond refunding. | 12-17-2015 |
| 20150363884 | METHOD AND APPARATUS PREVENTING WASTE OF U.S. FEDERAL LOW INCOME HOUSING TAX CREDITS AVAILABLE FOR A MIXED-INCOME REAL ESTATE PROJECTS HAVING LOW-INCOME UNITS AND MARKET-INCOME UNITS - Mixed-income housing projects generate federal low-income housing tax credits. Previously, due to numerous impediments, it has been impossible to efficiently syndicate these credits, resulting in many going to waste every year. The present invention relates a method that allows for more efficient syndication of the available tax credits, as well as provides more efficient means for analyzing the potential syndicatability of the tax credits generated by a given building project. | 12-17-2015 |
| 20150371167 | METHOD FOR IMPLEMENTING A COOPERATIVE NETWORK OF BUSINESSES - A method in accordance with the invention includes establishing a cooperative network of businesses, establishing a first entity configured to own and invest in intellectual property assets utilized by the cooperative network of businesses, and establishing a second entity configured to own and invest in physical assets shared and utilized by the cooperative network of business. | 12-24-2015 |
| 20150371333 | METHOD FOR EXCHANGING AN ASSET FOR SHARES OF AN INVESTMENT FUND IN AN INVESTMENT FUND CORPORATION - Described is a method for exchanging a subscription asset for shares of an investment fund in an investment fund corporation, the method comprising: considering a subscription asset offered by a client; considering an equivalent value asset offered by an institutional investor in exchange for shares of an in-kind fund in the investment fund corporation; receiving the subscription asset from the client in exchange for subscription shares of the in-kind fund; receiving the equivalent value asset from the institutional investor in exchange for shares of the in-kind fund; holding the subscription asset in the in-kind fund; and converting the subscription shares of the in-kind fund into shares of an investment fund in the investment fund corporation. | 12-24-2015 |
| 20150371334 | FUNDING AND FOLLOW-UP MANAGEMENT SYSTEM AND THEREOF METHOD USING OPEN PLATFORM - Disclosed is a funding management and post-management system using an open platform, including: an investor terminal which accesses an open platform server system over a communication network, checks histories and current achievement statuses of milestones of companies, and inputs investment intentions; a company terminal which accesses the open platform server system over a communication network, registers company information and current achievement status of a milestone, and inputs whether funding is in progress; and the open platform server system which operates a homepage for providing the company information to the investor terminal and the company terminal accessed over a communication network, displays the current achievement status of the milestone of each company, makes public a funding situation of a company which has requested funding, extracts a potential investor who has registered a company which has started funding as an interest company, and performs crowdfunding while individually providing notification. | 12-24-2015 |
| 20150371335 | Business Financing Method and System - Methods and systems for transacting business financing are described. Such methods and systems may involve businesses, providers of capital, and consumers in a transaction that provides fully collateralized financial instruments for the purpose of funding a business. | 12-24-2015 |
| 20150379485 | SYSTEMS AND METHODS FOR IDENTIFYING AND REMEDYING ACCOUNT ERROR EVENTS IN NETWORKED COMPUTER SYSTEMS - The disclosed embodiments include methods and system for detecting error events, such as account shortfalls, within networked computer systems operated by the financial institutions and other business. In one aspect, a system includes a memory storing instructions and one or more processors configured to execute the instruction to perform operating, such as receiving a payment request for a payment amount from a first account of a user to a destination account. The operations may also include determining that the first account lacks sufficient funds to cover the payment amount, and determining that the user has pre-approved credit facility secured by a first set of investment holdings of the user that generate revenue that is periodically transferred to the first account. The operations may also include performing a fund transfer operation for the payment amount from the credit line account to the first account. | 12-31-2015 |
| 20150379488 | AUTOMATED PROACTIVE ELECTRONIC RESOURCE ALLOCATION PROCESSING SYSTEM - An automated proactive electronic resource allocation processing system can allocate resources based at least in part on configuration information. In one embodiment, a processing system can determine a strategic configuration of user accounts (“Accounts”) based on information collected about a user. One or more computing resources can communicate, such as over a network, to configure a plurality of Account features, attributes, identities, permissions, controls, and/or restrictions for each Account in order to accomplish objectives related to the resources. One or more computing resources can be configured to proactively and automatically allocate resources to one or more user Accounts. A computing resource associated with a user Account can be configured to complete a plurality of desired or necessary transactions, including receiving, holding, and reporting current balance information, and/or transferring portions of the financial resources to other user Accounts or other non-user accounts. | 12-31-2015 |
| 20150379641 | Implied Volatility Skew Futures Product - Systems and methods are described for providing a derivatives product corresponding to an implied volatility skew of a financial product traded on an exchange. The method may include calculating, by one or more computing devices, a risk neutral density based on options information associated with an option trading on a financial market. The one or more computing devices may calculate an implied volatility skew associated with the option based on the risk neutral density and provide an implied volatility skew derivatives product corresponding to the implied volatility skew associated with the financial product underlying the option, wherein the implied volatility skew derivatives product is cash-settled based on the implied volatility skew. | 12-31-2015 |
| 20150379642 | Carry-Adjusted Index Futures - A calculation of a value for a carry-adjusted version of an economic index may include adjusting an equity component by a carrying cost component. The equity component may be based on a value of the economic index corresponding to the current time. The carrying cost component may be based on a carrying cost rate and a time period from the current time to a previous time. The calculation may be periodically reset to, e.g., reflect a new carrying cost rate. The carry-adjusted version of an economic index may be the underlying of a futures contract or other type of product. | 12-31-2015 |
| 20150379643 | Interest Rate Swap Compression - A computer system may access data corresponding to a portfolio that comprises interest rate swaps and may calculate parameters for a compressed swap. The computer system may determine, based at least in part on the parameters for the compressed swap, a performance bond requirement attributable to the interest rate swaps. The computer system may compare the performance bond requirement to account data associated with a holder of the portfolio and may perform one or more additional actions based on the comparing. | 12-31-2015 |
| 20150379644 | SYSTEMS AND METHODS FOR IDENTIFYING AND REMEDYING ACCOUNT ERROR EVENTS IN NETWORKED COMPUTER SYSTEMS - The disclosed embodiments include computerized methods and system for detecting error events, such as account shortfalls, within networked computer systems operated by the financial institutions and other business entities. In one aspect, a system includes a memory storing instructions and one or more processors configured to execute the instruction to perform operating, such as receiving a payment request for a payment amount from a first account of a user to a destination account. The operations may also include determining that the first account lacks sufficient funds to cover the payment amount, and determining that the user has pre-approved a credit line account secured by a first set of investment holdings of the user that generate revenue that is periodically transferred to the first account. The operations may also include performing a fund transfer operation for the payment amount from the credit line account to the first account. | 12-31-2015 |
| 20160005124 | SYSTEMS AND METHODS FOR PROVIDING LIQUIDITY TO SHAREHOLDERS OF A REAL ESTATE PROJECT - A computer-based method for providing liquidity to shareholders of a real estate project is provided. The method is implemented using a computing device including a processor communicatively coupled to a memory. The method includes receiving a request from a project sponsor associated with the real estate project to initiate a share offering, transmitting the share offering to a potential investor, receiving an investment request from the potential investor, determining a proceeds amount for the share offering based on the investment request, and determining, using the processor, a compensation amount owed to a shareholder of the real estate project based on at least one of the proceeds amount, a number of shares of the real estate project owned by the shareholder, and a number of shares of the real estate project sold by the shareholder as a result of the share offering. | 01-07-2016 |
| 20160005125 | SYSTEMS AND METHODS FOR SOLICITING FINANCING FOR REAL ESTATE PROJECTS - A computer-based method for soliciting financing for real estate projects is implemented using a computing device including a processor communicatively coupled to a memory. The method includes identifying a project category for a real estate project based on preliminary project data provided by a project sponsor associated with the real estate project, selecting a project profile template from a plurality of project profile templates stored in the memory based on the identified project category, transmitting a set of category-specific prompts to the project sponsor based on the identified project category, receiving category-specific project data from the project sponsor, generating a project profile for the real estate project by populating the selected project profile template with the category-specific project data using the processor, and displaying the project profile to a potential investor. | 01-07-2016 |
| 20160005126 | SYSTEM AND METHOD FOR INVESTMENT PORTFOLIO RECOMMENDATIONS BASED ON PURCHASING AND RETAIL LOCATION - Systems and methods are provided for scanning a code associated with, taking a picture of, or otherwise receiving a product or service identifier. Upon recognizing the product or service identifier, the product or service identifier can be linked, mapped, correlated to, or otherwise associated with a company or corporate entity. Upon determining, for example, that the company or corporate entity is publicly owned or traded, one or more investment activities can be undertaken, e.g., purchasing stock in the company or corporate entity, viewing financial information associated with the company or corporate entity, etc. | 01-07-2016 |
| 20160005127 | METHOD AND SYSTEM FOR ANALYSIS, DISPLAY AND DISSEMINATION OF FINANCIAL INFORMATION USING RESAMPLED STATISTICAL METHODS - The present invention provides a method and system for the statistical analysis, display and dissemination of financial data over an information network such as the Internet and WWW. The present invention utilizes resampled statistical methods for the analysis of financial data. Resampled statistical analysis provides a meaningful and reasonable statistical description of financial information, which typically escapes modeling using parametric methods (i.e., assumptions of a Gaussian distribution). The present invention provides at least a GUI that provides functionality for user input of statistical queries, a statistical computation engine that performs statistical analysis of financial data and a graphical rendering engine that generates graphical display of statistical distributions generated by the statistical computation engine. According to one embodiment, the present invention employs a parallel processing architecture to speed generation of the resampled statistics. | 01-07-2016 |
| 20160005128 | SYSTEMS AND METHODS OF APPLYING HIGH PERFORMANCE COMPUTATIONAL TECHNIQUES TO ANALYSIS AND EXECUTION OF FINANCIAL STRATEGIES - Systems and method of the present disclosure are directed to a strategy assessment tool that facilitates developing a financial strategy, testing the financial strategy on historical data, and applying the strategy in real time to activate trades. The strategy assessment tool can retrieve, obtain, or otherwise identify financial data related financial instruments. The tool can store the financial data in a database or data structure such that the tool can efficient analyze the data using one or more financial strategies running on multiple threads of a GPU. | 01-07-2016 |
| 20160012535 | Data Processing System and Method for Deriving and Publishing Knowledge of Registered Investment Advisors and Related Entities and People | 01-14-2016 |
| 20160012536 | METHODS AND SYSTEMS FOR ADDRESSING CONVEXITY IN AUTOMATED VALUATION OF FINANCIAL CONTRACTS | 01-14-2016 |
| 20160012537 | AUTOMATED TRANSFORMATION OF OBJECT IDENTIFICATION INTO EXECUTABLE INVESTMENT | 01-14-2016 |
| 20160012538 | Educational Decision-Making Tool | 01-14-2016 |
| 20160019646 | COMPUTER SYSTEMS AND METHODS FOR BALANCING INDEXES - An index rebalancing computer system is provided that automatically rebalances an index and the component weights of one or more securities in the index. The system tracks and stores a value that represents an amount of cash generated by securities in the index over a predetermined time period. The index is rebalanced by at least adjusting a weight or a value of a second security included in the group of securities based on the value that indicates the amount of cash generated by securities in the index. An updated index value is calculated for the index based on the group of securities that includes the second security with the adjusted weight. Index component data is transmitted to subscribing entities. | 01-21-2016 |
| 20160019647 | PORTFOLIO OPTIMIZATION AND EVALUATION TOOL - A computer system configured to evaluate a portfolio comprising instruments, comprising a computer memory configured to store, for each instrument, an instrument value for each portfolio scenario in an n-dimensional matrix, a first constraint and a second constraint; and a computer processor configured to transpose the n-dimensional matrix, to determine a first solution by maximizing the product of transpose of the n-dimensional matrix and the first constraint, determine whether the first solution is within an accepted range of an acceptable risk, if the expected first solution is not within an accepted range of an acceptable risk, process the second constraint with the first solution to obtain a second solution, and determine whether the second solution is within the accepted range of the acceptable risk. | 01-21-2016 |
| 20160019648 | SYSTEM AND METHOD FOR FUNDING COMPANIES - A system and method for funding investment seeking companies (ISCs), e.g., startup companies, by a funding company is disclosed. For each of the ISCs, in exchange for private equity therein, the funding company issues a corresponding publicly tradable class of its own stock substantially based on the performance of the ISC. The ISCs are categorized according to characteristics important to investors, e.g., type of technology, revenue, and products or services (to be) offered so that ISCs in a same category compete against one another for funding distributions from the funding company. In particular, income returns on the investments of proceeds from public sales of each class of stock are periodically distributed among competing ISCs according to, e.g., the share prices of their corresponding class of funding company stocks. | 01-21-2016 |
| 20160019649 | SYSTEM AND METHOD FOR PROVIDING AN ANALYSIS OF THE RELATIVE VOLATILITY OF ASSET CLASSES - The disclosed technology relates generally to a method and system for evaluating asset classes and investment categories. Financial advisors, for example, may use the disclosed technology to talk to investors about diversification. The disclosed technology allows users to explore and visualize the concept of diversification. The disclosed technology may also be used to help explain and reinforce the importance of diversification by highlighting the relative volatility of the asset classes. The disclosed technology, in certain embodiments, lets users explore performance of asset classes in several investment categories (e.g., equity, fixed-income, and alternatives) and shows how a diversified portfolio would have performed over the same time period. | 01-21-2016 |
| 20160019650 | SYSTEM AND METHOD FOR INTERACTIVE FORECASTING, NEWS, AND DATA ON RISK PORTFOLIO WEBSITE - A system receives public opinion information and then generates statistical output based upon the received information. Users access the system and enter their opinions or projections with respect to a particular subject. The system utilizes the entered information to provide users with public opinion and projection data. The amount of weight that any particular opinion is given depends upon the time that the opinion was submitted. | 01-21-2016 |
| 20160027111 | SYSTEM AND METHOD FOR VALUING STOCKS - A method for valuing stocks includes determining ( | 01-28-2016 |
| 20160027116 | TRANSFORMATION WEIGHTED INDEXES OFFERING CONCENTRATED MULTI-RISK FACTOR EXPOSURE - Computer-based systems, software, and computer-implemented methods for creating an index of securities based upon various data transformations of risk factor metrics regarding entities or securities associated with the entities and weighting each index member in proportion to its combined transformed weighting value. | 01-28-2016 |
| 20160035032 | DETERMINING AN ASSET RECOMMENDATION - Disclosed herein are system, apparatus, article of manufacture, method and/or computer program product embodiments for determining an asset recommendation. An embodiment operates by iteratively removing asset categories from an asset category allocation and determining an asset to recommend based on one or more remaining asset categories in the asset category allocation. | 02-04-2016 |
| 20160035033 | Liquidation Cost Calculation - A set of estimated allocations N | 02-04-2016 |
| 20160035034 | High Volume Capital Investment Aggregation System and Method - A network based system for presenting subscribers of a crowdfunding platform with an aggregation of entrepreneurial project funding opportunities derived from various sources and delivering to subscribers social media content associated with the entrepreneurial project funding opportunity and award notifications based on the level of subscriber contribution. | 02-04-2016 |
| 20160035035 | TRANSACTION EFFECTS - A method comprising creating and storing, in computer memory, a financial graph having nodes and edges, wherein the nodes include first nodes representing assets and second nodes representing any one or more of accounts in which one or more of the assets are held, individuals who own one or more of the assets, or legal entities who own one or more of the assets; obtaining, from an asset custodian data source, asset transaction data associated with one or more of the assets represented by the first nodes of the financial graph; transforming the asset transaction data into one or more stored transaction objects, wherein each transaction object is associated with a plurality of transaction effect objects; wherein each of the plurality of transaction effect objects is associated with a particular edge in the financial graph and represents one of a credit to an account type associated with the particular edge and a debit from an account type associated with the particular edge. | 02-04-2016 |
| 20160042452 | SOFTWARE SYSTEM FOR GRADUALLY PURCHASING A REAL ESTATE PROPERTY - A software system for gradually purchasing a real estate property, comprising a gradual acquisition plan on the part of a purchaser of an estate which is registered in the name of a legal entity represented by quotas; the quotas are transferred by the bank, owner of the legal entity holder of the estate, to the purchaser, according to a certain gradual reacquisition plan; the method includes reacquisition phases on the part of said purchaser of quota or portions of it through the payment, to the bank, of monthly installments, each including the quota value and relative interest; said quotas can be exchanged by an electronic system in order to exchange the estate with another property by mean their respective legal entity. | 02-11-2016 |
| 20160042458 | SYSTEM AND METHOD OF DETERMINING PORTFOLIO COMPLEXITY - A method includes determining a plurality of complexity scores. Each of the plurality of complexity scores corresponds to a particular underlying component of a plurality of underlying components of a portfolio. The complexity score of the particular underlying component is based on a complexity rating of the particular underlying component and a contribution level of the particular underlying component to the portfolio. The method also includes determining a complexity score of the portfolio based on the plurality of complexity scores of the plurality of underlying components. | 02-11-2016 |
| 20160042459 | System and Method for Managing Derivative Instruments - The present invention is a system and method for providing improved management functions for derivative instruments. In order to allow a portfolio manager to convert existing positions to new positions with reduced parameters, including but not limited to, the total number of positions, and the total notional amount, a process is provided allowing a DM platform to generate potential transactions which compress eligible positions within a portfolio manager's portfolio to obtain such reduced parameters, with analytical support for the potential transactions. | 02-11-2016 |
| 20160042461 | Data Flow Management System and Method for Equity/Interest Rate Risk Mitigation - A system for managing data flows includes a network server including a central processing unit, a communication port, at least one random access memory, a read-only memory and one or more databases or data storage devices. Computer program code is stored on a memory. The system includes an engine operable to determine data specifying a risk mitigation portfolio including a hybrid derivative to embed multiple exposures simultaneously and which provides a formula that is a joint function of an index and a rate. A central serial bus operably interconnects devices via a bi-directional connection. | 02-11-2016 |
| 20160048921 | INTEREST RATE SWAP AND SWAPTION LIQUIDATION SYSTEM AND METHOD - Systems and methods are provided for determining liquidations costs for portfolios of financial instruments. Survey data for liquidation costs at different risk profiles is received from market participants. An initial attempt is made to hedge part of the portfolio. Some hedges may not be available during market stress conditions. A warehousing cost for warehousing the unhedged portion of the portfolio is determined and a re-hedge cost for hedging the partially hedged portfolio when hedges are available is determined. A liquidation cost is a combination of the hedge cost, the warehousing cost and the re-hedge cost. Weighting for Greek ladder may be created by mapping liquidation costs to Greek ladders. Lookup tables may be created from liquidity cost. The lookup tables may be used to look up for liquidity cost using aggregated Greek generated by weighted sum of Greek ladder and provide a simplified mechanism for determining liquidation costs. | 02-18-2016 |
| 20160048922 | ETF RESEARCH PLATFORM - Disclosed is an exchange traded fund (ETF) research system. The ETF research system typically includes a processor, a memory, and a scoring module stored in the memory. The scoring module is typically configured for determining a first score of each of a plurality of exchange traded fund according to a first multifactor model; based on the first score of each exchange traded fund, determining a first percentile ranking of each exchange traded fund relative to the plurality of exchange traded funds; determining a first percentile ranking for each of a plurality of asset class categories; and graphically presenting a first user interface including a numeric representation and a color representation of the first percentile ranking of one or more of the asset class categories. | 02-18-2016 |
| 20160055584 | Margin Determination for Products Based on Currency Pairs - A performance bond contribution applicable to a holding in one or more products based on a currency pair may be determined, at least in part, based on volatility values and a volatility floor value. A performance bond contribution applicable to a holding in one or more products based on a third currency pair that includes first and third currencies may be determined using a series of rates. That series of rates may be created, at least in part, based on a series of rates applicable to a first currency pair that includes the first currency and a second currency and a series of rates applicable to a second currency pair that includes the third currency and the second currency. A performance bond contribution applicable to a product based on a pegged component currency pair may be determined using hypothetical portfolios. | 02-25-2016 |
| 20160055585 | SMART BETA FACTOR DEPOSITION SYSTEM - Disclosed is a smart beta factor deposition system for constructing an investment portfolio. The smart beta factor deposition system typically includes a processor, a memory, and a deposition module stored in the memory. The deposition module is typically configured for: defining a plurality of factor sleeves, each factor sleeve defining (i) a beta factor model, (ii) one or more asset classes and/or asset class categories, (iii) a size, and (iv) one or more position sizes; for each sleeve's beta factor model, determining a score of each of a plurality of securities; for each factor sleeve, selecting one or more securities based on the score of each security according to the sleeve's beta factor model to form positions until the sleeve's size has been reached; and combining the positions of each factor sleeve to create the investment portfolio. | 02-25-2016 |
| 20160055586 | SMART BETA FACTOR DEPOSITION BASED ON ACCOUNT TRANSACTION COSTS - Disclosed is a smart beta factor deposition system for constructing an investment portfolio. The system is typically configured for: defining a plurality of factor sleeves, each factor sleeve defining (i) a beta factor model, (ii) one or more asset classes and/or asset class categories, (iii) a size, and (iv) one or more position sizes; for each sleeve's beta factor model, determining a score of each of a plurality of securities; for each factor sleeve, selecting one or more securities based on the score of each security according to the sleeve's beta factor model to form positions until the sleeve's size has been reached; and combining the positions of each factor sleeve to create the investment portfolio. Each factor sleeve may be assigned to one of a plurality of customer accounts based on transaction costs associated with each customer account. | 02-25-2016 |
| 20160055587 | Method that forms investment strategy to invest and withdraw a company's stock or fund - My invention is a method that forms an investment strategy to invest and withdraw, by using crossover of 2 moving average from data of leading economic indicators to determine buy and sell signals for company's stocks or funds. The researcher set 2 moving averages from data of leading economic indicators, the faster moving average and the slower moving average. When the faster moving average moves above the slower moving average, it signals the investor to buy and hold the stock/fund, and vice versa. To refine this investment strategy to invest and withdraw, backtesting is used to test the historic company's stock/fund's price movement with different combinations of moving averages stated in the above method. | 02-25-2016 |
| 20160063629 | Processing Decomposing Financial Instruments - Systems and methods are provided for processing financial instruments. An original financial instrument may be a futures contract that is a combination of financial instruments or is based on a combination of financial instruments. The original financial instrument includes a provision identifying one or more decomposition events. When a decomposition event occurs, a futures contract composition computer or other device decomposes the original financial instrument into two or more financial instruments. | 03-03-2016 |
| 20160063630 | DYNAMICALLY UPDATING PREDICTION SYSTEM - Methods and systems are provided for dynamically updating a projected cash flow for an investment using a gesture-based graphical user interface. The method comprises displaying in the graphical user interface a graphical representation of the projected cash flow for an investment and performance metrics for the investment based on the projected cash flow; receiving gesture input from a user via the graphical user interface; updating the projected cash flow based on the gesture input; updating the performance metrics based on the updated projected cash flow; updating the graphical user interface to reflect the updates to the projected cash flow and the performance metrics. | 03-03-2016 |
| 20160063631 | SYSTEM AND METHOD FOR DYNAMIC RISK MANAGEMENT - A network interface receives portfolio data related to an investment plan portfolio of a participant. A processor identifies a first plurality of risk factors associated with market conditions, wherein the first plurality of risk factors comprises a future data and risk strength. The processor further identifies a second plurality of risk factors associated with the participant. The processor then generates glide path data based at least partially on the first plurality of risk factors and the second plurality of risk factors. The processor also generates a glide path map based at least partially on the generated glide path data. | 03-03-2016 |
| 20160063632 | METHOD AND APPARATUS FOR CALCULATING AN OPTIMAL RETIREMENT PLAN BASED ON INCOME NEEDS, INCOME SOURCES AND FEDERAL INCOME TAX IMPACTS - Methods and apparatuses for calculating an optimal retirement plan based on income needs, incomes sources and federal income tax impacts for individuals and married couples is disclosed. Financial information of the user(s) is used to create a user profile(s) which comprises retirement income requirements, available income sources and investment risk tolerance of the user. The user profile is used to calculate a suggested strategy which balances the income requirements of the user impacted by taxes to the available income sources and accounting for investment risks of the user and a set of all possible life and death variables. A life plan is created using the suggested strategy, the set of all possible life and death variables and the user profile, and presented as output to show the optimal retirement plan. | 03-03-2016 |
| 20160063634 | SYSTEMS AND METHODS FOR DISPLAY AND INTERACTION ON A GRAPHICAL USER INTERFACE - A computer system configured to generate data to provide an interactive graphical interface for display on a remote user device is configured to provide an interactive graphical interface including first and second screen areas, and icons for user manipulation, each icon corresponding to a user goal. Icons corresponding to user goals of a first set are displayed within the first screen area, and icons corresponding to user goals of the second set are displayed in the second screen area. A gap is calculated and displayed based on data associated with icons and stored data. Responsive to receipt of data indicative of drag and drop movement of an icon between the first and second screen areas, the gap is recalculated and a resized gap is displayed. | 03-03-2016 |
| 20160071210 | DYNAMIC RISK-RESPONSIVE BOND LADDER - Embodiments of the invention relate to systems, methods, and computer program products for monitoring financial risk indicators to provide a composite financial risk indicator and, based on the composite financial risk indicator, determining the number of years for which financial investors in distribution mode should have self-liquidating assets available (i.e., the number of rungs on a bond ladder) to insure that cash flow needs are met in future years regardless of the risk present in the financial markets. In response to determining the number of years for which the investors should have self-liquidating assets, the financial portfolios of the investors are automatically adjusted to provide for self-liquidating assets for each of the determined number of years (i.e., self-liquidating assets are bought or sold). | 03-10-2016 |
| 20160071211 | NONPARAMETRIC TRACKING AND FORECASTING OF MULTIVARIATE DATA - Risk management is facilitated by tracking and forecasting multivariate data using nonparametric statistical procedures. Enhanced matrix factorization is used for developing a nonparametric tracking and forecasting algorithm, based on Kalman smoothing, that applies a state space model to both (i) factor loading, and (ii) factor time series of multivariate data in the matrix factorization. One example of use is tracking and forecasting financial risk according to a yield curve based on multivariate financial data. The forecasted yield curve change forms the bases, for example, of risk exposure adjustments associated with US Treasury bond investment. | 03-10-2016 |
| 20160071212 | Structured and unstructured data processing method to create and implement investment strategies - The present disclosure provides for contemporaneous evaluation of structured and unstructured data on a single integrated platform, facilitating the creation and implementation of investment strategies. Functionality includes the ability to modify data with a variety of statistical and mathematical operations, and the saving, exporting, and sharing of analyses. It is additionally possible to set up alerts, translate analyses into trading instructions for market brokers, include additional datasets, and generate parameters for predictive analytics. Function calls can be processed manually or in a batch mode, and events can be imposed to occur sequentially within specified timeframes as pre-conditions for investment actions being taken. Preferred performance profiles can be expanded so as to permit an automated process of identifying opportunities among alternative investments. | 03-10-2016 |
| 20160071213 | Factor-Factor Covariance Estimates for Risk Factor Groups in Factor Risk Models - Tools for analyzing the risk of a portfolio of financial investments such as equities, bonds, and the like, are addressed. More particularly, computer based systems, processes and software are addressed for calculating factor risk models and for predicting the risk and tracking error of portfolios. A particular approach that can be utilized to revise the factor-factor covariance estimates of a factor risk model is provided. This approach is applied to factor risk model predictions, portfolio construction using the factor risk model, and performance attribution using the factor risk model. | 03-10-2016 |
| 20160071214 | SYSTEM AND METHOD FOR COMPELLING PHYSICAL DELIVERY OF ITEMS WITHIN A QUALITY RANGE - Systems and methods are provided for processing futures contracts that have physical delivery settlement provisions. At the time of settlement, the quality of potential underlying items that would be delivered are ranked. The rankings may be based on characteristics of the sources of the potential underlying items. Subsets of the potential underlying items that comply with percentile ranges included in the futures contracts may then be identified as deliverable underlying items. | 03-10-2016 |
| 20160071215 | SYSTEMS, DEVICES, AND METHODS FOR DETERMINING VALUE OF AN ENTITY BASED ON STOCK PRICE AND FINANCIAL DATA - Embodiments of the present disclosure include a communication network and a financial data computer server coupled to a user computing device through the communication network. The financial data computer server stores and processes financial data information. The user computing device may request and receive, from the financial data computer server, a market price for a primary entity and three variables based on financial data information of the primary entity. Further, the user computing device may render a primary point in a three-dimensional scatter plot of the market price of the primary entity based on the three variables and calculate a spherical distance of the primary point to the origin to determine and compare market price to the intrinsic value of the primary entity based on the spherical distance and a predetermined threshold. | 03-10-2016 |
| 20160078541 | SYSTEMS AND METHODS FOR CONSTRAINED RESOURCE SOLUTION OPTIMIZATION - There is provided a system and method for constructing, scoring and determining optimal cash flow solutions for use of funds, such as in retirement. Such systems and methods include apportioning strategies for constructing the set of possible solutions, scoring methods to reflect an optimal solution, and heuristics and metaheuristics for maximizing computational resources to arrive at an optimal cash flow solution. | 03-17-2016 |
| 20160086274 | METHOD FOR CREATING AND DELIVERING CUSTOMIZED COMPLIANCE INFORMATION - A method and system to create personalized investor information packages, based on investor information, to be delivered to the investor to satisfy both compliance regulations and investor preferences. The method and system may deliver information in a paper or electronic format. | 03-24-2016 |
| 20160086277 | Stochastic Dynamic Programming in a Computer Using a Multi-Part Utility Function and Local Search to Efficiently Compute Asset Allocation and Consumption - The invention relates, among other things, to methods and non-transitory computer-readable medium that include inputting data representing consumption levels into the memory, wherein a value of the consumption levels represents required consumption C | 03-24-2016 |
| 20160086278 | Risk Factor Splitting - Factor-based performance attribution results are often used to identify portfolio exposures or bets that either perform well or underperform. By identifying particular exposures or bets that appear to be opportune to be increased or reduced, the overall performance of the portfolio can potentially be improved. However, the factors present in standard factor risk models are often too broad to identify exposures or bets which can be easily altered. Changing exposures based on the original risk model factors can involve trading too many stocks, or can involve trading stocks that a portfolio manager may not want to trade. The present invention allows portfolio managers to split the original risk model factors into more granular factors that cover smaller sub-sets of the assets in the portfolio. The over- and under-performing exposures of split factors are often easier to alter in practice and can be used to improve the performance of the portfolio. | 03-24-2016 |
| 20160086279 | SYSTEM AND METHOD FOR PROACTIVE AUTO PORTABILITY OF INDIVIDUAL RETIREMENT ACCOUNTS - A method performed by one or more processing devices, via one or more networks, for the proactive, without initiation by an owner of a first retirement account, and automatic portability of the first retirement account, comprising: automatically searching databases or sending search requests to one or more record-keepers for a second retirement account owned by the owner; and sending a negative consent notification having a date to the owner of the first retirement account; wherein the negative consent notification advises the owner that unless the owner provides other instructions within a time period from the date, the first retirement account shall be rolled over, in-whole or in-part, into the second retirement account or vice versa. | 03-24-2016 |
| 20160086280 | EVALUATION METHOD, EVALUATION DEVICE, AND PROGRAM - An investment judgement support server refers a website ranking of a corresponding website for each search term in a search term group ranking list as a ranking reference destination, sums a multiplication result obtained by multiplying a click through rate, which corresponds to the referred ranking of each search term, by a search volume of each search term, and makes a division result of dividing a sum of the multiplication result by a sum of the search volume of each search term a click share rate that is unique to the search term group ranking list as the ranking reference destination in the corresponding website. | 03-24-2016 |
| 20160086282 | INVESTMENT MANAGEMENT SYSTEM - An investment management system includes aspects of a points based social network. The system assigns point values, badges, levels and statuses to investors. The system permits investors to create investment proposals for a particular investment target company, including an amount of money and other terms. The system can group compatible investment proposals together so that they can be presented to the target as a single, larger proposal. The system can permit target companies to see what investment offers are available on a given set of terms, and permit the target companies to alter proposed terms and see the effect such an alteration has on available investment offers. | 03-24-2016 |
| 20160092983 | MICROFINANCE FUNDS AGGREGATION FOR A RETAIL INVESTOR - A computer-implemented system and method supporting aggregation for clients are disclosed. A particular example embodiment includes selecting listings for clients based on profiles; causing display of the listings at the clients; receiving, from at least some of the clients, authorization to aggregate resources; aggregating the authorized resources; and providing the aggregated resources to another party. | 03-31-2016 |
| 20160092987 | Funding Seed Investments - A funding platform permits investors to review a company for investment and provide funding for the company by executing an investment transaction online. The funding platform determines whether the investor is an accredited or qualified investor and provides diligence information to the investor for evaluating whether to invest in the company. The investor provides a request to invest in the company, and the funding platform determines whether the investor has an account with a broker-dealer. The funding platform receives a commitment from the investor to fund the company, and when a funding threshold amount is reached from one or more investors, the funding platform initiates funding of the company and receives a financial instrument for the investors issued by the company. | 03-31-2016 |
| 20160098795 | Path-Dependent Market Risk Observer - A computerized method is presented for observing the market risk of a portfolio, which includes application of path-dependent analysis to market data and providing risk observations capturing salient characteristics of risk experienced by investors. Advantages of one or more embodiments include support for accurate estimation of probabilities associated with large losses and expected losses at given probabilities. The method is adaptable to all risk estimation functions and is compatible with nonhomogeneous data. | 04-07-2016 |
| 20160098796 | Performance Attribution for Portfolios with Composite Investments - In existing performance attribution, composite investments are resolved into simple assets, and the performance attribution provides results only for the resolved, net investment in the simple assets. As a result, the individual investment in the composite investment in isolation is lost, and it is impossible to determine if the investment in the composite investment in isolation helped or hurt performance. Approaches are described to determine attribution in a manner in which the attribution hierarchy is altered so that, after reporting on the performance of the full portfolio, a further level of attribution reports on a set of sub-portfolios. The first sub-portfolio represents the original investments in simple assets only while the other sub-portfolios represent investments in each composite investment. This composite-first performance attribution determines the individual contribution to performance of each composite investment, resulting in more detailed, practical, and intuitive results. | 04-07-2016 |
| 20160098799 | PROCESSING SECURITIES-RELATED INFORMATION - Embodiments of the invention provide techniques for improving clarity of disclosure materials provided to investors, by enabling securities issuers, intermediaries and/or other entities to create and disseminate clear and concise summary-level information on individual securities to investors to enable informed investment decisions. The information may include a summary version of the full statutory prospectus (a “summary prospectus”). A summary prospectus may include a concise, “plain English” synopsis and/or representation of certain information contained in the full statutory prospectus, such as a security's investment objectives and strategies, costs, risks and/or other information. | 04-07-2016 |
| 20160104244 | System and Method of Portfolio Allocation Comprising One or More Alternative Investments - A system and method for a modern portfolio allocation, which incorporates one or more of an alternative investment asset, comprises an investment policy statement, a plurality of alternative investments, one or more risk management variables, a behavioral finance analysis, and one or more optimization tools. The system and method are configured to provide a tripartite asset allocation comprised of assets that are not highly correlated. A system for allocating assets within an investment portfolio comprises: one or more data storage units; an investment policy statement, including a risk tolerance level; one or more analysis engines in communication with the data storage unit, wherein the investment policy statement is analyzed by one or more of the analysis engines, thereby generating a portfolio construction comprised of a tripartite asset allocation of fixed income, equities, and one or more alternative investments. | 04-14-2016 |
| 20160110809 | Increasing Value Handbag - Apparatus comprising an electronic device in a handbag configured to communicate with a mobile device in order to update and display a portfolio value on a display device; the mobile device including a software application configured to automatically update the portfolio value by connecting to an online database. | 04-21-2016 |
| 20160110810 | Research Systems and Methods for Integrating Query Data and Individual User Profile - Systems and computerized methods are described for providing a research result tailored to user profile data of an account owner. A first server computing device generates a research request based on retrieved user profile data and user query data received from a client device, and transmits the research request to a second server computing device aggregating research data ingested from information sources. The first server computing device receives a research response from the second server computing device and analyzes the research response using a first predetermined metric threshold based on at least a confidence rating associated with each item of research data in the response, and a predetermined reliability rating of its associated information source. The first server computing device formats a research result including the items of research data that exceed the first predetermined metric threshold, and provides the research result to the client device. | 04-21-2016 |
| 20160110811 | Methods and Apparatus for Implementing Improved Notional-free Asset Liquidity Rules - On the basis of simulated backtests, many portfolios including so-called smart beta and other factor products often boast impressive track records. However, given the additional trading that occurs, can such advertised performance truly be realized once transaction costs are taken into account? One might expect these products to make a concerted effort to manage liquidity. However, explicit efforts to manage liquidity in existing smart beta and factor ETF and index products have been relatively modest. A new set of rules are provided that are independent of the notional value of the portfolio that can be used to better manage the liquidity of investment portfolio. | 04-21-2016 |
| 20160110812 | PROJECT ECONOMICS ANALYSIS TOOL - The present invention is applicable in the field of corporate finance, corporate capital investments, economics, math, risk analysis, simulation, decision analysis, and business statistics, and relates to the modeling and valuation of investment decisions under uncertainty and risk within all companies, allowing these firms to properly identify, assess, quantify, value, diversify, and hedge their corporate capital investment decisions and their associated risks | 04-21-2016 |
| 20160110813 | Comprehensive Financial Plan Generator, Client-to-Client Comparative Analytics Tool, Advisor Ratings, Overall Financial Wellness Rating System and On-Demand Decision Analysis, Data Importation Aggregator - A direct-to-consumer financial analysis and advisor comparison system has a website in electronic communication with a server and is provided on a subscription basis. The website receives user information including estate, insurance, tax, and investment information. A system aggregator uses the user information to automatically calculate a financial wellness score for each user, representing a comprehensive financial analysis. The system aggregator uses the user information to automatically create a prioritized to-do list for each user, the to-do list representing tasks to be completed to track and implement a series of actions that will achieve the user's financial goals. A comparer uses the user information to automatically generate an aggregated viewpoint of all users, which is then reported back to each individual user to show a series of financial analytics regarding all users, a series of users based upon a sub-filter based upon specified criteria by the user, etc. | 04-21-2016 |
| 20160110814 | ASSET AND LIABILITY MODELING TOOL - A method for modeling financial variables describing a client over a time period. The method may comprise the step of generating a first simulation of the time period. Generating the first simulation may comprise the steps of assigning the client to a first health-related state and advancing the first simulation from a first interval of the time period to a second interval of the time period. A probability that the client will transition from the first health-related state to a second health-related state may be calculated, the client may be randomly assigned to either the first health-related state or the second health-related state considering the probability. According to various embodiments, the methods may also comprise the steps of calculating a client income for the second interval; and calculating a plurality of client expenses for the second interval. Also, the various health-related states may include one or more of a healthy state, a long term care (LTC) state, a disabled state and a dead state. | 04-21-2016 |
| 20160117771 | Centralized and Customized Asset Allocation Recommendation and Planning Using Personalized Profiling - Methods and apparatuses, including computer program products, are described for generating an asset allocation recommendation using personalized, household, and trust profiling. A personalized asset allocation recommendation combines pre-defined cohort data with client input and generates a personalized roll-down schedule, which is then used in determining the asset projections and optimal withdrawal amount during distribution phase or optimal savings amount during accumulation phase. The personal profile and its associated asset allocation recommendation and asset allocation planning can be displayed dynamically in real-time fashion on a dashboard. A household asset allocation recommendation takes into consideration of various aspects of household needs that involving planning with multiple goals and accounts. The profiling questionnaire data for irrevocable trust is presented dynamically upon the determination of the structure of the irrevocable trust. Based on the conditionally collected data, an asset allocation that balances various beneficiaries' needs is recommended for the irrevocable trust. | 04-28-2016 |
| 20160117772 | Centralized and Customized Asset Allocation Recommendation and Planning Using Household Profiling - Methods and apparatuses, including computer program products, are described for generating an asset allocation recommendation using personalized, household, and trust profiling. A personalized asset allocation recommendation combines pre-defined cohort data with client input and generates a personalized roll-down schedule, which is then used in determining the asset projections and optimal withdrawal amount during distribution phase or optimal savings amount during accumulation phase. The personal profile and its associated asset allocation recommendation and asset allocation planning can be displayed dynamically in real-time fashion on a dashboard. A household asset allocation recommendation takes into consideration of various aspects of household needs that involving planning with multiple goals and accounts. The profiling questionnaire data for irrevocable trust is presented dynamically upon the determination of the structure of the irrevocable trust. Based on the conditionally collected data, an asset allocation that balances various beneficiaries' needs is recommended for the irrevocable trust. | 04-28-2016 |
| 20160117773 | Centralized and Customized Asset Allocation Recommendation and Planning Using Trust Profiling - Methods and apparatuses, including computer program products, are described for generating an asset allocation recommendation using personalized, household, and trust profiling. A personalized asset allocation recommendation combines pre-defined cohort data with client input and generates a personalized roll-down schedule, which is then used in determining the asset projections and optimal withdrawal amount during distribution phase or optimal savings amount during accumulation phase. The personal profile and its associated asset allocation recommendation and asset allocation planning can be displayed dynamically in real-time fashion on a dashboard. A household asset allocation recommendation takes into consideration of various aspects of household needs that involving planning with multiple goals and accounts. The profiling questionnaire data for irrevocable trust is presented dynamically upon the determination of the structure of the irrevocable trust. Based on the conditionally collected data, an asset allocation that balances various beneficiaries' needs is recommended for the irrevocable trust. | 04-28-2016 |
| 20160117774 | ENVIRONMENT, SOCIAL AND GOVERNANCE RATING SYSTEM - A scoring system scores companies based on environment, social, and governance (ESG) data. The scoring system identifies the ESG data for the companies within a group of companies. The scoring system calculates individual company ESG scores from the ESG data and weights the company ESG scores based on proportions of the group of companies. The scoring system then generates a group ESG score based on the weighted company ESG scores for the group of companies. The rating system may calculate the company ESG scores based on different data categories, such as environmental related data, social related data, and governance related data. | 04-28-2016 |
| 20160117775 | METHODS AND SYSTEMS FOR ANALYSIS, TRACKING AND MODIFICATIONS OF CALL OPTIONS ON DEBT ISSUANCES - A computer-implemented method that includes receiving on a computer system, a price of a debt issuance; where the price of the debt issuance includes a cost for purchase of an embedded call option; calculating on a computer system, an actual cost of the purchase of the embedded call option; comparing on a computer system, the cost calculation of the call option to a rule based system of an alternative option type and a corresponding cost of the alternative option type; and determining on a computer system, based on the comparing step, the type of option to be embedded with the debt issuance. | 04-28-2016 |
| 20160125527 | Financial Information Management System and User Interface - A computer-implemented method to generate a horizon view of a plurality of financial information objects is disclosed. The method includes the step of arranging, on a computer, the plurality of interactive financial information objects along a horizon carousel, wherein the financial information objects comprise at least one or more of market data, portfolio data, applications, and workspaces. The method further includes the step of displaying, on a display device of the computer, the horizon carousel and the financial information objects along a horizontal plane. The method further includes the step of generating, on the computer, an inspector window, wherein the inspector window displays, on the display device of the computer, additional information about an active interactive financial information object. | 05-05-2016 |
| 20160125537 | PORTFOLIO MANAGEMENT - A method and system are provided. The method includes calculating respective moving average values for client holdings at a financial account level, an individual client level, and a household level based on end-of-day holding prices therefor. The method further includes calculating a financial account level risk metric, an individual level risk metric, and a household level risk metric responsive to the respective moving average values. The method also includes outputting a respective alarm signal for at least one financial firm employee responsive to any of the financial account level risk metric, the individual level risk metric, and the household level risk metric respectively exceeding a target financial account level risk metric, a target individual level risk metric, and a target household level risk metric. The target risk metrics are determined from respective client specified risk acceptance values at the financial account level, the individual client level, and the household level. | 05-05-2016 |
| 20160125538 | CREATIVE GENERATION OF FINANCIAL PORTFOLIOS - A method, computer program product, and system for generating financial portfolios, the method included categorizing, by a computer, financial assets in a database of financial portfolios into asset categories based on their characteristics, clustering, by the computer, the financial portfolios of the database into a plurality of portfolio clusters based on the asset categories, each portfolio cluster includes financial portfolios having similar asset allocations in similar asset categories, identifying, by the computer, a target portfolio cluster from the plurality of portfolio clusters based on pre-defined financial metrics, and generating, by the computer, novel combinations of assets within the boundaries of the target portfolio cluster, the novel combinations of assets have similar asset allocations in similar asset categories and similar financial metrics as the target portfolio cluster. | 05-05-2016 |
| 20160125539 | Multifactorial Leveraged Indexed Investment Product - A computer-implemented method is presented for structuring and maintaining a leveraged indexed investment product, also known as leveraged exchange-traded fund, leveraged ETF, and LETF. The method comprises determining a leverage adjustment protocol, monitoring the leverage of the product, and calculating a target leverage adjustment in accordance with the protocol. Advantages of one or more embodiments include a longer-term investment return profile improved across different statistical regimes, fewer and smaller rebalancing actions, and no more than a predetermined variation in leverage. The method is compatible with fund structures in which the beneficial interests of investors are fungible. | 05-05-2016 |
| 20160125540 | SYSTEM AND METHOD OF ANALYSING FINANCIAL RECORDS - A method of analyzing financial records including receiving, at a server, one or more financial records for a time period, the one or more financial records including one or more transactions, and each transaction including a narrative. The method further includes determining, at the serve, one or more known components within the narrative, generating, at the server, a condensed narrative by removing each known component from the narrative, a remainder being the condensed narrative, generating, at the server, a report including the condensed narrative, and providing the report to a user on a data interface. | 05-05-2016 |
| 20160125541 | METHOD, SYSTEM AND COMPUTER PROGRAM PRODUCT FOR ASSET ALLOCATION AND WITHDRAWAL - According to one embodiment, withdrawal parameters associated with a financial product are obtained via a user interface. The withdrawal parameters include a withdrawal period, an investment amount, a beginning year and a desired end balance. Historical rates of return associated with a plurality of asset classes for the withdrawal period are obtained. An optimal withdrawal amount for the beginning year is calculated based at least in part upon the withdrawal parameters and the historical rates of return, wherein the optimal withdrawal amount is withdrawn from an asset class having the highest rate of return in the beginning year. Optimal withdrawal amounts for subsequent years of the withdrawal period are calculated based at least in part upon the optimal withdrawal amount for the beginning year, wherein the optimal withdrawal amount for each subsequent year is withdrawn from an asset class having the highest rate of return in said subsequent year. | 05-05-2016 |
| 20160125542 | Computer Assisted Magic Trick Executed in the Financial Markets - The invention is directed toward a method of performing an unconventional magic trick. The magic trick is a methodology of identifying a number of securities of publicly traded companies which are ideal targets for short selling. The process starts with utilizing a computer system to scrape publicly available information on the internet about a company. The system then searches for social connections between a target company and a company which has been previously successfully targeted for a short selling campaign. Evidence which would cause a change in the perceived value is collected and disseminated. A magic show is performed where the perceived value of the target company is first increased and then sharply decreased. Audience members are invited to participate in the trick by purchasing enhanced tickets which include a share in the proceeds from a short selling campaign against the company. | 05-05-2016 |
| 20160132966 | METHODS, APPARATUS, AND SYSTEMS FOR CURVE TRADING - The described technology displays, at a GUI, a graph of one or more financial curves having one or more actionable indicators indicative of one or more tradable events associated with modeling and/or trading at least one market asset or financial instrument at a financial marketplace. The one or more indicators display a current real-time market value of a tradable event associated with the market asset or financial instrument. Input is received at the GUI from a trader to perform an action associated with the financial curve. In response to receiving the input, the action is initiated and the results are displayed at the GUI. | 05-12-2016 |
| 20160132968 | MEANS AND METHOD OF INVESTMENT PORTFOLIO MANAGEMENT - A diversified composite portfolio can be formed by selecting a bundle of investment securities, correlating them according to a user specific risk tolerance value, and assigning relative portfolio performance metric to the components based on calculated risk tolerance value. | 05-12-2016 |
| 20160148314 | Systems and Methods to Enhance Capital Formation by Small and Medium Enterprises - The present disclosure provides, in an embodiment, a method for managing securities. The method may include creating a first entity for holding a first series of securities and creating a subsidiary entity associated with the first entity, where the subsidiary entity may be designed to hold a second series of securities. The method may further include offering publicly the first and second series of securities, wherein the first entity may holds rights to acquire part of the second series of securities. In addition, the method can also include performing business transactions through the first entity using the second series of securities held by the first entity. | 05-26-2016 |
| 20160148315 | METHODS AND APPARATUS FOR SHARED OWNERSHIP TRANSACTIONAL ASSET BACKED SECURITY - The present invention provides apparatus and methods for providing investment in a legal entity by a customer of the legal entity. Investment is correlated with one or both of assets managed by the legal entity and assets transferred to the customer based upon investment in the legal entity. In addition, one or more services may be provided to the customer based upon investment in the legal entity. | 05-26-2016 |
| 20160148316 | Adaptive and Customizable Account Interface System and Method - The invention is directed to a method and system for providing an interface including modular customizable elements for implementation by a system user. The method and system have particular application for financial accounts, such as credit card accounts. The interface may adapt in response to user behaviors. However, the user may also customize features of the interface. Thus, a behavioral monitoring and analysis system is provided for monitoring account holder spending behaviors and analyzing the spending behaviors. Account holder customization tools may be presented to the account holders through a user interface, the account holder customization tools allowing account holders to modify a user interface display of account related parameters by inputting parameters into a computing system. An experience customization engine may be implemented by a processor for receiving input from both the behavioral monitoring and analysis system and the account holder customization tools. | 05-26-2016 |
| 20160155100 | SYSTEM AND METHOD FOR CROWDFUNDED INVESTMENT CLEARANCE AND COMPLIANCE | 06-02-2016 |
| 20160155200 | Dynamic Asset Sector Simulator Apparatuses, Methods and Systems | 06-02-2016 |
| 20160162991 | SYSTEM FOR ACCESSING AND CERTIFYING DATA IN A CLIENT SERVER ENVIRONMENT - This invention relates to a database system in a distributed client server network environment for matching entity data with structured query data to validate selection of one or more entities for funding. Recertification of the entity may be electronically performed on a periodic basis to validate the entity. | 06-09-2016 |
| 20160162992 | SYSTEM AND METHOD FOR GENERATING A LIFE PLAN FOR PEOPLE WITH DISABILITIES VIA A GLOBAL COMPUTER NETWORK - Embodiments of the present invention generally relate to a computer-implemented system and method for generating a life plan via a global-computer network. In one embodiment, a computer-implemented method for generating a life plan via a global-computer network comprises receiving a request to create a user account from an entity, and creating the user account; receiving a request from the user account to create a common profile, the common profile associated with the disabled individual; generating the common profile and receiving a set of profile data from the user account, the set of profile data comprising information related to the disabled individual and associated with the common profile; and analyzing the common profile and generating a life plan based on the common profile, the life plan comprising data related to providing guidance to the entity to allow the disabled individual to lead a productive life. | 06-09-2016 |
| 20160171604 | FINANCIAL INSTRUMENT WITH SELF-COVERING OPTION POSITIONS | 06-16-2016 |
| 20160171605 | APPARATUS, SYSTEM, AND METHOD FOR OIL AND GAS PORTFOLIO MANAGEMENT | 06-16-2016 |
| 20160171606 | PORTFOLIO CONSTRUCTION | 06-16-2016 |
| 20160171607 | PORTFOLIO MANAGEMENT AND PROTECTION | 06-16-2016 |
| 20160171608 | METHODS AND SYSTEMS FOR FINDING SIMILAR FUNDS | 06-16-2016 |
| 20160171609 | METHODS AND SYSTEMS FOR DEPICTING PSYCHOLOGICAL ANALYSIS | 06-16-2016 |
| 20160171610 | METHODS AND APPARATUS TO MANAGE TRADING STRATEGIES | 06-16-2016 |
| 20160171612 | METHOD FOR MACHINE-CONTROLLED LEGAL PORTFOLIO MONITORING | 06-16-2016 |
| 20160171613 | BACKING MANAGEMENT | 06-16-2016 |
| 20160180454 | ACCOUNT REVIEW TRIGGER FEATURE | 06-23-2016 |
| 20160180463 | HEDGE FUND LIQUIDITY AND REDEMPTION MANAGEMENT SYSTEM | 06-23-2016 |
| 20160180464 | SYSTEM AND METHOD FOR ENABLING ORGANIZATIONS TO OFFERING FINANCING | 06-23-2016 |
| 20160180465 | Systems and Methods for Providing Real-Time Monitoring of Spending Limits | 06-23-2016 |
| 20160189301 | Diversity Analysis with Actionable Feedback Methodologies - Various embodiments of the present technology relate to diversity and similarity analysis. In some exemplary embodiments, a method includes, for each of a plurality of entities, receiving a set of variables that are indicative of attributes of an entity. The exemplary method also includes comparing the sets of variables for the plurality of entities to each other, locating clusters of similar variables shared between two or more of the plurality of entities, determining a probable maximum loss for the plurality of entities that share the clusters, the probable maximum loss being a loss value attributed to a cyber event against one or more of the shared variables, receiving feedback from an end user in response to providing the probable maximum loss to the end user, and updating the probable maximum loss in response to the feedback. | 06-30-2016 |
| 20160196610 | GLOBAL FINANCIAL CRISIS PREDICTION AND GEOPOLITICAL RISK ANALYZER | 07-07-2016 |
| 20160203556 | MINIMUM OUTCOME ASSURANCE CONTRACTS FROM REVENUE SHARING OF ROYALTIES | 07-14-2016 |
| 20160203558 | SYSTEM AND METHOD FOR COMPARING RETIREMENT PLAN SERVICES | 07-14-2016 |
| 20160203559 | SYSTEM AND METHOD FOR FINANCIAL ADVISING BASED ON A GOAL ORIENTED TARGET | 07-14-2016 |
| 20160253757 | SYSTEM FOR ASSESSING IMPACT OF FUND TRANSFERS ON RETIREMENT PLANNING | 09-01-2016 |
| 20160253758 | Insulated Account Datastructure Apparatuses, Methods and Systems | 09-01-2016 |
| 20160253759 | COMPUTERIZED SYSTEM AND METHOD OF NAVIGATING DATA WITH TREE STRUCTURE VISUALIZATION USING SEGMENTED ACCESS RIGHTS | 09-01-2016 |
| 20160253760 | A computer-implemented method for a social media mechanism to rate the liquidity of closed ended private investments | 09-01-2016 |
| 20160253762 | A method for a social media mechanism to facilitate collaboration and information exchange for private investment funds | 09-01-2016 |
| 20160379305 | METHOD AND SYSTEM RELATING TO SOCIAL MEDIA TECHNOLOGIES - In an embodiment, a method performed in the computing system comprises steps of (a) electronically receiving an identifier concerning an investor's ownership or management of at least one brokerage account or at least one security; (b) electronically validating by the computing system the investor by querying a record database using the identifier to obtain an information from at least one investment account associated with the investor; (c) electronically extracting by the computing system the information; (d) electronically populating by the computing system a profile for the investor with the extracted information and electronically storing the extracted information to a computer readable medium in a profile database, wherein the extracted information comprises at least the investor's positional information; (e) electronically providing by the computing system at least one capability to the investor, wherein the capability allows the investor to electronically perform one or more activities; and (f) electronically generating by the computing system a representation of a quantity of a security owned or managed by the investor from the investor's positional information without generating a personal information of the investor. | 12-29-2016 |
| 20160379306 | OPTIMIZED RESOURCE ALLOCATION - Systems and methods are provided for optimal resource allocation to a plurality of factors. A parameter estimation component is configured to determine an estimated per unit value for each of a plurality of factors, an estimated covariance matrix for the plurality of factors, and a synthetic time series randomly generated from historical values selected for each of the plurality of factors. A risk evaluation component is configured to determine a constraint for the resource allocation from the synthetic time series, such that a conditional value at risk for a set of resources represented by the resource allocation constrained to a threshold value over a defined period of time. An optimization component is configured to determine an allocation of the set of resources to the plurality of factors having a maximum utility given the constraint, the estimated per unit value, and the estimated covariance matrix. | 12-29-2016 |
| 20170236207 | SYSTEMS AND METHODS FOR OPERATING A PHYSICAL MODEL SIMULATING A COMPARATIVE ASSESSMENT OF RESOURCES | 08-17-2017 |
| 20180025428 | METHODS AND SYSTEMS FOR ANALYZING FINANCIAL RISK FACTORS FOR COMPANIES WITHIN AN INDUSTRY | 01-25-2018 |
| 20180025429 | SYSTEM AND METHOD FOR IDENTIFYING POTENTIAL MORTGAGE BORROWERS | 01-25-2018 |
| 20190147505 | SYSTEM FOR ELECTRONIC MANAGEMENT OF FUNDRAISING CAMPAIGNS | 05-16-2019 |
| 20190147535 | TRADE DATA PROCESSING DEVICE AND METHOD FOR FINANCIAL INSTRUMENTS | 05-16-2019 |
| 20190147537 | A PARETO-BASED GENETIC ALGORITHM FOR A DYNAMIC PORTFOLIO MANAGEMENT | 05-16-2019 |
| 20220138855 | ELECTRONIC UTILITY FOR AGGREGATE FUNDING NEW ENTERTAINMENT PRODUCTIONS AND AUTOMATING THEREOF PROFIT-SHARING - This invention discloses the techniques and mechanisms for aggregate funding new entertainment productions and automating profit-sharing at a level of open infrastructure. It brings the efficiencies of smart contracts and blockchain technologies to manage the entertainment-making operations, including content sourcing, commercial validation, production budgeting, and on-demand streaming, while also offering decentralized monetization, smart revenue routing, and automated profit-sharing throughout content lifecycles. | 05-05-2022 |
| 20220138856 | Recommendation System For Generating Personalized And Themed Recommendations On A User Interface Based On User Similarity - An asset recommendation system includes a processor and a memory. The memory stores an aggregated database including user identifiers. The user identifiers correspond to user information. The memory stores instructions for execution by the at least one processor. The instructions include, for each user identifier, generating a user representation based on the user information included in the aggregated database. The instructions include identifying, from the user representations of the user identifiers, a set of similar user representations based on a first user representation corresponding to a first user identifier. The instructions include obtaining, for a set of similar user identifiers corresponding to the set of similar user representations, a set of asset identifiers associated with the set of similar user identifiers. The instructions include transforming an interface of a user device of the first user identifier by rendering a graphical depiction of the set of assets identifiers. | 05-05-2022 |
| 20220138857 | SYSTEM AND METHOD FOR NEAR-INSTANTANEOUS PORTFOLIO PROTECTION - A system and method for near-instantaneous portfolio protection is provided. The portfolio protection tool is configured to be activated/deactivated nearly instantaneously with minimal customer inputs and efficiently provides customizable risk-management solutions for individual investors and advisors alike. The system includes a Market Data Server that receives market data from electronic intra-day financial market data sources, processes and selectively compiles salient market data points. A Risk Pricer Server computes, based on user-defined protection period and protection level settings, a risk level and a price for the protection on the user's portfolio. A Book Manager identifies specific trades required to provide the portfolio protection as a function of an aggregate risk to multiple customers. A Trader is configured to execute the specific trades. The system can throttle asynchronous input data to construct synchronized data sets resolving technical challenges of unsynchronized electronic financial market data. | 05-05-2022 |
| 20220138858 | ACTIVITY-BASED COLLATERAL MODELING - Techniques for performing activity-based collateral modeling (ABCM) analysis are disclosed, including: obtaining portfolio data; obtaining multiple ranked criteria for cross-asset utilization; performing an ABCM analysis on the portfolio data according to the ranked criteria for cross-asset utilization, to obtain a set of one or more recommended transactions; receiving user input indicating a decision to execute a transaction in the set of one or more recommended transactions; and responsive to the user input, updating the ABCM analysis to reflect the decision to execute the transaction. | 05-05-2022 |
| 20080243722 | Method and process for facilitating donations via debt instruments - A method, process and system for making charitable contributions according to at least one exemplary embodiment of the present invention can include having a debt contract entered into by a donative borrower and a lender acting as a donation conduit. The debt instrument can have a primary rate term and an borrower-elected donative rate term. The lender or a servicer, for example, owning the service rights can receive recurring payments from the donative borrower and directly or indirectly disburse the donations to one or more donees. In at least one embodiment, the donative borrower may also claim a first tax item based on the total interest paid on the debt contract over a time period as well as can claim a second tax item based on the total donations made over the same time period. | 10-02-2008 |
| 20080294574 | TAX MANAGED BUY-WRITE FUND - A system and method is provided for administering a tax-managed, buy-write investment fund having a plurality of units available for sale to the public. An index representing a first portfolio of assets having desired performance characteristics is identified. A second portfolio of assets is configured to have less than 70 percent overlap therewith. Shares of the second portfolio are purchased, while call options against the index are written. | 11-27-2008 |
| 20090018974 | MANAGING INVESTMENT ASSETS - A method for providing investor liquidity and portfolio growth includes (a) acquiring properties from investors through tax-preferred transactions, at least one of the properties being acquired from one of the investors in exchange for an interest in an investment entity; (b) disposing of at least one of the properties that falls outside of an investment profile; (c) enhancing the value of at least one of the properties by physical improvements; and (c) redeeming interests of investors by the investment entity. | 01-15-2009 |
| 20090024541 | POWER PURCHASE METHODS, AGREEMENTS AND FINANCIAL INSTRUMENTS FOR TAX-ADVANTAGED FINANCING RESIDENTIAL RENEWABLE ENERGY EQUIPMENT - A business method is disclosed for tax-advantaged financing renewable energy consumer premises equipment (CPE) for installation and operation on a residential premises of a residential consumer. The method comprises (a) agreeing to supply power generated by the renewable energy CPE to the residential premises of the residential consumer and (b) taking a real property security interest in a primary residence of the residential consumer, whereby the real property security interest secures payments for the power supplied to the residential consumer. | 01-22-2009 |
| 20090037347 | METHOD AND APPARATUS FOR OFFERING, PRICING, AND SELLING SECURITIES OVER A NETWORK - The present invention relates to a system and method of offering, automatically pricing, preparing for sale, selling, and managing securities, such as municipal bonds, over a network, such as the Internet. The present invention also relates to a system and method for an on-line, one-stop and one-source platform for municipal borrowing, production of associated bond legal documents and offering materials, and satisfaction of continuing disclosure requirements. | 02-05-2009 |
| 20090063366 | Multi-Basket Structure for Exchange Traded Fund (ETF) - A exchange-traded fund (ETF) has a multi-basket structure that allows shares of the ETF to be created using a different basket of assets than the basket of assets required to redeem shares of the ETF. A method for administering a multi-basket ETF comprises providing shares of the ETF to investors in exchange for assets defined in a published creation basket, providing assets defined in a published redemption basket to investors in exchange for shares of the ETF, and publishing a holdings basket that represents the assets held in the ETF. The multi-basket ETF can be used to implement an ETF holding assets that have a relatively low liquidity and/or accessibility. The multi-basket structure also enables financial strategies such as to minimize transaction costs, increase tax efficiency, access less liquid or less accessible markets or securities, and meet regulatory requirements and ETF investment objectives. | 03-05-2009 |
| 20090070275 | FINANCIAL OPTIMIZATION SYSTEM AND METHOD - An improved investment optimizing system and method. Once an investor or investment advisor determines the appropriate asset allocation and that there are both taxable accounts and tax-deferred or tax-free investment accounts, the invention will optimize/maximize the investor's ending after-tax asset accumulation, which is the objective of all investors. This is accomplished by allocating the chosen investment vehicles between the taxable and tax-deferred accounts in an optimum way. The invention runs on a computer system and searches for an allocation which results in a maximal return. Intelligent heuristics measure increased performance based on different asset allocations. | 03-12-2009 |
| 20090083197 | PROPERTY INVESTMENT INSTRUMENT, SYSTEM, METHOD, PRODUCT, AND APPARATUS - A property investment instrument for investing in a property includes at least one contractual agreement between a first entity and a second entity to share in the property, the property having a plurality of investment components including a credit investment component and at least one of a capital investment component, knowledge investment component, time investment component, and labor investment component where the second entity can provide only the credit investment component and the first entity can provide at least one of the remaining investment components. | 03-26-2009 |
| 20090094170 | METHODS AND SYSTEMS FOR FINANCIAL ACCOUNT MANAGEMENT - Provided herein are methods and systems for managing a plurality of investment accounts, allowing the automatic execution of financial plans. | 04-09-2009 |
| 20090094171 | SYSTEM AND METHOD FOR MAXIMIZING AFTER-TAX INCOME USING SPLIT METHOD CHARITABLE REMAINDER TRUSTS - A system and method are disclosed for maximizing after-tax income from charitable remainder trusts, An evaluation service establishes a first charitable remainder trust (CRT- | 04-09-2009 |
| 20090106169 | METHOD FOR ENABLING AMERICAN INDIAN TRIBES TO ATTRACT EQUITY CAPITAL INVESTMENT - A business method for deferring federal corporate income tax, whereby a pass-through entity, such as an LLC, is linked to an FT Corporation, which functions as a portable subset of a tribal reservation. Such a structure enables investors to participate as direct equity shareholders in the pass-through entity, thereby ensuring their right to vote as a minor or majority equity interest holders. The structure also enables those investors to participate as virtual equity shareholders in the FT Corporation, so that they can enjoy the tax-exempt status and other financial benefits that have been conferred upon FT Corporations by the Federal Government as a means to help Indian Tribes achieve economic self-determination, without those business entities being disqualified for such special treatment. | 04-23-2009 |
| 20090157565 | Method and System: [1] to Automatically Segregate Income that is (a) "Exempt From" from the Unrelated Business Income Tax, from Income that is (b) "Subject To" the Unrelated Business Income Tax; [2] to Create Leverage (without Debt Financing); and [3] to Control the Allocation of Investment Profits between Accounts and Investors; in order to Accelerate the Growth of Retirement Accounts and other Tax Exempt and/or Tax Deferred Entities and Accounts in compliance with the Unrelated Business Income Tax in 26 USC 511-514 - Methods, structures and systems are disclosed which, in their separate parts and when used in combination:
| 06-18-2009 |
| 20090171860 | Process for optimized lifetime return on personal investment capital or wealth creation - A process for managing investment funds to realize the highest return after taxes. First and second distinct closed end funds are established. The first of said funds is a personal account (PA) fund designed to be purchased with taxable monies, and the second of said funds is a tax deferred (TD) fund designed to be purchased with tax deferred monies. A single investment manager is designated for the funds. The investment manager manages investments in the funds separately from each other, and makes buy and sell determinations on assets for each fund based on the manager's assessment of the prospective holding period of the asset and the characterization of income from and appreciation of the asset expected over time such that taxable gains and taxable income are minimized in the first fund. Tax losses are recognized in the first fund such that they can be employed to offset potential future gains, thereby realizing the minimum tax burden on investment returns from both funds in both long and short taxation periods. | 07-02-2009 |
| 20090187512 | Asset-backed investment instrument and related methods - An asset-backed investment instrument that increases deferred tax liabilities for an investor and, therefore, is attractive to any investor that benefits from deferred tax liabilities, such as certain insurance companies. Ownership of an asset underlying the investment instrument is transferred to an investing entity. The transferred asset is leased from the investing entity for a predetermined period. The lease may include a like-kind exchange feature to lengthen the predetermined period of the lease and to allow the accrued deferred tax liabilities to remain outstanding for a longer period of time. The lease may also include a Terminal Rental Adjustment Clause to remove the risk of a change in an estimated residual value from the investing entity. | 07-23-2009 |
| 20090222385 | System and methods for modeling a multiplicative index - Computer-implemented methods for valuing a derivative based on the BMA rate: the methods may comprise generating a model of the BMA/LIBOR ratio as a function of the LIBOR index, a stochastic noise function, and a seasonality process. The methods may also comprise solving the model for at least one value of the LIBOR index, and estimating a value of the derivative given the solution of the model. The value of the derivative may then be stored. | 09-03-2009 |
| 20090276374 | Investment portfolio analysis system - An investment portfolio management system enables computation of hedging strategies (each including one or more hedging transactions) and presentation of the strategies to the investor. Each hedging strategy takes into consideration tax impact information that is particularized to the individual investor. Investor portfolio data identifying assets owned by an investor and tax status information associated with the investor can be stored at a server that is accessible by a web browser. Software at the server enables computing of the hedging strategies based on an analysis of an investor's investment portfolio. The portfolio analysis includes an analysis of at least a first one of the assets identified by the investor portfolio data and a tax impact analysis to determine gain and loss and tax impact data associated with hedging transactions. The determined gain, loss and tax impact data can be determined based on the investor's particular tax status information. | 11-05-2009 |
| 20090307150 | COMPUTER-BASED SYSTEM - A computer-based system for determining insurance premium taxes (IPT) for multiple clients | 12-10-2009 |
| 20100010938 | METHOD AND SYSTEM FOR ASSET ALLOCATION - A method and system of matching an investor's objectives for portfolio investment return and risk with an assessment of a range of expected returns and risks that are likely to be generated by investment portfolios consisting at least in part of alternative asset classes that involves, for example, selecting available historical data for a plurality of alternative asset classes, unsmoothing the historical data based at least in part on historical data for traditional asset classes related to the respective alternative asset classes, and correcting the historical data for the alternative asset classes for an impact of survivorship and selection biases. A forecast of an expected return and risk is computed for each of the alternative asset classes, based at least in part on the unsmoothed and corrected historical data for the alternative asset classes, and at least one of the alternative asset classes that has an expected return and risk that corresponds substantially to the investor's objectives for portfolio investment return and risk is identified for inclusion in the investment portfolio. | 01-14-2010 |
| 20100030705 | REHYPOTHECATION SYSTEM AND METHOD - Embodiments of the invention are directed to a computer-implemented rehypothecation system and method for facilitating automatic collateral re-use between system participants, wherein the system participants include borrowers, lenders, and lender/borrowers, the system comprising. The system may additionally include an allocation engine for automatically performing allocation runs for redistribution of collateral, the allocation engine comprising collateral distribution components for assigning collateral to lenders and lender/borrowers based on borrower-selected parameters and an eligibility filter for verifying each assignment of collateral in accordance with lender requirements. The system may further include a global synchronization engine for pre-determining timing of allocation runs to enable global collateral re-use across time zones. | 02-04-2010 |
| 20100063942 | SYSTEM, METHOD, AND COMPUTER PROGRAM PRODUCT FOR MANAGING A VIRTUAL PORTFOLIO OF FINANCIAL OBJECTS - A system, method and/or computer program product for managing an index and/or a portfolio of financial objects. An index may be created, which may include selecting financial objects based on accounting data and/or weighting the financial objects based on accounting data. A portfolio may be created based on the index. A plurality of investment managers may manage a plurality of accounts for a plurality of investors. The investors may directly hold assets in the accounts so that the investors may take advantage of any tax benefits generated by transactions using the assets in the accounts. An investor(s) may have one or more accounts and thus one or more managers. A manager may have one or more investors and thus one or more accounts to manage. A virtual mutual fund manager may use a holdings matrix and a lot matrix to track the asset lots in the accounts. When a manager wishes to make a trade affecting an investor, the virtual mutual fund manager may determine which asset lots held by the investor should be used to execute the trade. Optionally, each investor may be associated with a tax-managed account. The tax-managed account may be used by the virtual fund manager to make deferred “paper” trades thereby avoiding certain adverse tax consequences that may be created when an investor has multiple managers. Optionally, each investor may allow loss-harvesting trades to be executed on his or her behalf in circumstances where such trades may reduce the investor's tax obligations. | 03-11-2010 |
| 20100076908 | FINANCIAL OPTIMIZATION SYSTEM AND METHOD - An improved investment optimizing system and method. Once an investor or investment advisor determines the appropriate asset allocation and that there are both taxable accounts and tax-deferred or tax-free investment accounts, the invention will optimize/maximize the investor's ending after-tax asset accumulation, which is the objective of all investors. This is accomplished by allocating the chosen investment vehicles between the taxable and tax-deferred accounts in an optimum way. The invention runs on a computer system and searches for an allocation which results in a maximal return. Intelligent heuristics measure increased performance based on different asset allocations. | 03-25-2010 |
| 20100125536 | TECHNIQUES FOR ILLUSTRATING AND ANALYZING COLLEGE SAVINGS PLANS - Analyzing educational saving plans by considering the tax implications of these plans is provided by storing a plurality of educational institution identifiers and a plurality of educational savings plan parameter sets. Each of the educational institution identifiers is associated with a corresponding set of cost parameters specifying room, board, and tuition costs for the respective educational institution. Each of the educational savings plan parameter sets specifies a characteristic of a corresponding educational savings plan. A comparative analysis of educational savings plans is generated by applying a retrieved set of cost parameters for each educational plan parameter sets. This comparative analysis takes into consideration tax implications of an educational savings plan. The results of the comparative analysis are outputted on a display and/or printout so that an investor can determine which of the plurality of educational savings plans best meets their needs. | 05-20-2010 |
| 20100191671 | METHODS AND SYSTEMS FOR PROVIDING A MUNICIPAL INDEX SWAP - In at least one aspect the invention comprises a computer-implemented method comprising: (a) electronically receiving data regarding characteristics of a plurality of tax exempt municipal bonds; (b) electronically receiving data describing a plurality of rules for inclusion of the tax exempt municipal bonds in a municipal bond index; (c) constructing a municipal bond index by applying the rules to characteristics of the plurality of tax exempt municipal bonds; and (d) quoting a municipal swap having a reference index, wherein the reference index is the municipal bond index. Other aspects comprise related computer systems and apparatuses, as well as various embodiments. | 07-29-2010 |
| 20100191672 | SYSTEMS, METHODS, AND COMPUTER PROGRAM PRODUCTS FOR ADJUSTING THE ASSETS OF AN INVESTMENT ACCOUNT - Methods of the present invention identify an asset allocation model and at least one security associated there with. An investment account portfolio is stored that includes at least one substitute security associated with the identified at least one security. A virtual portfolio is then generated that includes the identified at least one security. A tax lot is created for the identified at least one security to identify a total value for the at least one security, and the method determines whether the virtual portfolio complies with the asset allocation model. The identified at least one security associated with the asset allocation model is restricted from the investment account portfolio. | 07-29-2010 |
| 20100198750 | Systems and methods for financial planning - Various computerized servers such as, for example, a computerized server including: a) an interview engine configured to prompt data input pertaining to a user and the user's assets from a user connected to the server; b) an analytic module adapted to apply a set of predetermined rules to said data input, formulate an asset re-allocation suggestion and to output an estimate of potential savings from implementing said asset re-allocation suggestion; and c) a display engine configured to present the estimate to the user are disclosed. | 08-05-2010 |
| 20100205117 | ASSET ANALYSIS ACCORDING TO THE REQUIRED YIELD METHOD - A method, computer system, and computer program product for performing an asset analysis for at least one asset, using the Required Yield Method (RYM). The method provides first economic data relating to a first economy. The economic data includes a gross domestic product (GDP) per capita growth rate for the first economy. The economic data may further include an expected inflation rate for the first economy over a time interval. At least one asset characteristic (e.g, asset valuation) of each asset of the least one asset is computed. The at least one asset characteristic is a function of a portion of the economic data. The computing is in accordance with the RYM. The computed at least one asset characteristic is transferred to a tangible medium. The at least one asset may include an equity index, a bond, gold, a currency, a derivative, etc. | 08-12-2010 |
| 20100228686 | Structured financial products - A method of assembling a structured financial instrument, including electronic methods of pricing, selling, and administering the structured financial instrument are provided. A minimum deposit and a specified term are specified. The structured financial instrument is indexed to at least one economic indicator. A percentage of the original deposit may be withdrawn at a specified interval without penalty, with interest calculated at the end of the term reduced to reflect any prior partial withdrawals. The structured financial instrument is insured from the FDIC. In the event of death, a death benefit is provided equal to the value of the structured financial product on the date of death. At a specified time, a structured financial product holder has an option of choosing to lock in a specified percentage of the index gains to date, in exchange for re-upping the structured financial product into a new structured financial product of equal or greater term length and using a similar return framework as the original structured product. In additional embodiments, nursing home liquidity and required minimum distributions liquidity can be provided. | 09-09-2010 |
| 20100274740 | BUSINESS METHOD AND SYSTEM FOR PLANNING EXECUTING AND ADMINISTERING A PUBLIC OFFERING OF REVENUE BACKED SECURITIES - A computer system which includes both hardware and software components which develops, executes and administers public offerings providing individual investors direct participation in joint ventures. In these public offerings, investors purchase full or fractional ownership of specified operating assets, which may be sold by venture partners or acquired from other sources. Investors become silent partners in the joint venture by contributing the use of such assets for pursuit of the business purpose(s) of the venture, and are compensated by receiving guaranteed ownership of specified revenues. These public offerings provide the joint venture or other sponsoring business entity with a new source of funding, plus other financial benefits. | 10-28-2010 |
| 20100318473 | System, Method, and Computer Program Product for Cost Effective, Dynamic Allocation of Assets Among a Plurality of Investments - A system, method, and computer program product for dynamic, cost effective reallocation of assets among a plurality of investment products comprising a processor, a memory and a computer program stored in the memory. The computer program implementing the present invention controls the reallocation of assets to reduce the transactions costs associated with rebalancing the investor's composite assets according to a composite asset allocation model. Information relating to the composite asset allocation model, the investor's assets, and the investor are stored in memory. Periodically, or upon occurrence of an event, the composite assets are evaluated to determine if rebalancing is necessary. If rebalancing is necessary, the transaction costs associated with the available transactions for performing the rebalancing are compared to select the most economically favorable transaction. Thus, the reallocation is achieved by selecting the least costly transaction that will serve to realize the composite asset allocation model, which is independent of the structure of the investor's portfolio among particular accounts or products. In addition, the computer program compares the available options for recovery of the transaction fees to select the most economically favorable means of recovering the fees associated with the transaction to further reduce the transaction cost of the reallocations. | 12-16-2010 |
| 20110016062 | TAX DEDUCTION APPARATUS AND METHOD - An apparatus and method providing individuals and small businesses a simple and inexpensive way to collect information regarding their specific situation, identify and maximize available tax benefits, record various financial and non-financial information necessary to support the tax benefits, and systematically work toward growing the business. | 01-20-2011 |
| 20110022543 | Managing Investment Assets - A method for providing investor liquidity and portfolio growth includes (a) acquiring properties from investors through tax-preferred transactions, at least one of the properties being acquired from one of the investors in exchange for an interest in an investment entity; (b) disposing of at least one of the properties that falls outside of an investment profile; (c) enhancing the value of at least one of the properties by physical improvements; and (c) redeeming interests of investors by the investment entity. | 01-27-2011 |
| 20110055115 | ROTH-AWARE FINANCIAL ADVISORY PLATFORM - A financial advisory platform that includes Roth contribution support is provided. According to one embodiment, trade-offs between a current retirement savings strategy and an alternative retirement savings strategy are presented to an end user. Information is received regarding the alternative retirement savings strategy, which includes information regarding a target proportion of retirement plan contributions to be invested pre-tax and post-tax in a retirement portfolio where the target proportion is different than the current proportion of pre-tax and post-tax contributions under the current retirement savings strategy. An after tax value of the retirement portfolio is forecast by a forecasting module based on the alternative retirement savings strategy. Trade-offs are presented between the alternative retirement savings strategy and the current retirement savings strategy. The trade-offs include an indication regarding an effect on take-home pay as a result of switching from the current retirement savings strategy to the alternative retirement savings strategy. | 03-03-2011 |
| 20110060699 | SYSTEM FOR AND METHOD OF INTERNATIONAL POOLING - A system for and method of tracking a loan from a pool of assets is presented. The pool of assets may be legally owned by a single entity, but with separate individual investors owning an economic beneficial interest in a portion of the pool. The system and method provide a technique that allows for tax transparency for income generated by loans of such individual investor's associated assets. Moreover, the system and method allow for the separate individual investors to be domiciled in different tax jurisdictions. | 03-10-2011 |
| 20110087623 | MECHANISMS FOR BETTER DECISION MAKING AND OUTCOMES - Methods and systems are disclosed for providing income to persons generally after retirement by addressing the risk of living too long in a way that collectivizes the risk generally avoiding adverse selection and in some cases avoiding or minimizing the use of insurance products. | 04-14-2011 |
| 20110161247 | SYSTEMS AND METHODS FOR OPTIMIZING TAX - Systems and methods for optimizing a tax consequence of an asset according to various aspects of the present invention may comprise a user interface, a database linked to the user interface, and a display. The user interface may be configured to receive information associated with the asset and a desired outcome. The database may be linked to the user interface and configured to store the information associated with the asset. The asset comprises at least one tax lot, and each tax lot was purchased prior to the occurrence of the taxable event. The display may be configured to present which tax lot achieves the desired outcome based upon the sale information associated with the taxable event. | 06-30-2011 |
| 20110173138 | EQUITY BASED INCENTIVE COMPENSATION PLAN - An equity based incentive compensation plan is established by acquiring shares of an equity security by grant and by purchase using funds loaned by a third party. The risk of the loan may be abated using various strategies including employing a forward contract between the lender and a third party. The amount of the loan repayment amount may reflect the cost to the lender or entering into the forward contract with the third party. The computer system of the invention manages plans including calculating the ratio of a plan's loan repayment amount(s) to the value of the plan's shares that are collateral of the loan. | 07-14-2011 |
| 20110196813 | Method of Reducing a Tax Liability Incurred by the Receipt of a Distribution Amount - A method of increasing a realized portion of a plurality of monetary payments includes: creating a deferred income account; identifying a payout amount; receiving into the deferred income account a deferred portion of a first one of the plurality of monetary payments; after receiving the deferred portion of the first one of the plurality of monetary payments, optionally deducting an expense amount from the deferred income account; after receiving the deferred portion of the first one of the plurality of monetary payments, providing a first portion of the deferred income account for obtaining the payout amount; and repeating the receiving and deducting steps for subsequent ones of the plurality of monetary payments. After an occurrence of a qualifying event, the payout amount and a balance of the deferred income account are distributed to one or more qualifying recipients. | 08-11-2011 |
| 20110218937 | System and Methods for Management of Real Property - Computer systems and methods enable an individual to simulate real estate/financial transactions over time, provide accounting and cash flow management for management of real estate investments, and track property values for rental properties taking into account tenant creditworthiness (tenant credit score) and the like. The computer system calculates a tenant reliability score (TRS) that can be used when an individual real estate investor is contemplating whether to enter into a lease with a tenant. A lower TRS would alert the landlord that the tenant may not be a good risk which would decrease the expected future value of rental property. A simulator preferably incorporates the TRS into cash flow projections such that the investor could compare different potential tenants and. Financial tracking modules enable the real estate investor to track the equity value of his or her real estate investments, cash flow, and to provide data useful for buy/sell decisions. | 09-08-2011 |
| 20110231341 | Substantial Equity Content Trust Preferred ("SECTRS") - A hybrid financial instrument, based on the traditional trust proffered structure, is designed to be more equity-like than debt-like. The financial instrument is designed to have permanence, ongoing payments, and loss absorption characteristics that meet rating agency requirements for favorable equity-like treatment. | 09-22-2011 |
| 20110270782 | SYSTEMS AND METHODS FOR DETERMINING INVESTMENT STRATEGIES - An investment strategy determines changes of a value of an asset portfolio over the time of a study period. For each of the incremental periods of the study period, an exemplary embodiment retrieves from a memory a base parameter value for the incremental period, wherein the base parameter value corresponds to one of a base inflation value, a base asset return value, and a base tax value; determines a first iteration parameter value based upon a statistical function associated with the base parameter value; and determines a value of an asset portfolio based upon the first iteration parameter value and the second iteration parameter value. A financial report is generated based upon the determined value of the asset portfolio for each of the incremental periods, wherein the generated financial report indicates changes of the value of the asset portfolio over the study period. | 11-03-2011 |
| 20110282806 | METHOD AND APPARATUS FOR INVESTMENT ALLOCATION - A method for identifying an allocation of investment resources among a plurality of investments to construct an investment portfolio for an investor, the method comprising: generating a representation of a first joint probability distribution of one or more investor attributes, at least one of which is a representation of risk aversion, and of a plurality of attributes for a set of investments to be allocated; generating an objective function that incorporates the representation of the first joint probability distribution; and optimizing, using a microprocessor, an allocation of investment resources for each of the plurality of investments according to the objective function. | 11-17-2011 |
| 20110289018 | METHOD AND COMPUTER PROGRAM FOR TAX SENSITIVE INVESTMENT PORTFOLIO MANAGEMENT - Methods and corresponding systems are provided for managing investment portfolios that includes the steps of identifying at least one security of the investment portfolio to be sold during rebalancing of the investment portfolio, and rebalancing or deferring rebalancing of the investment portfolio based at least in part on a rebalancing threshold for short-term capital gains or losses, investor specified or otherwise. If an implied total short-term capital gain or loss, e.g., a loss or gain that would occur if the at least one security were sold, falls within the rebalancing threshold rebalancing occurs, otherwise rebalancing is deferred for a later time. | 11-24-2011 |
| 20120005123 | Data Processing for an Exchange Traded Fund - An accounting system allows posting transactions to a general ledger of an Exchange Traded Fund. The accounting system includes a computer-assisted process that nets subscription and redemption orders that occurred over a particular time (e.g., one day) and records a transfer of securities into or out of the fund based on the net of the subscription and redemption orders. | 01-05-2012 |
| 20120005124 | ROTH-AWARE FINANCIAL ADVISORY PLATFORM - A financial advisory platform that includes Roth contribution support is provided. According to one embodiment, a method is provided for identifying an alternative retirement savings strategy that maintains take-home pay and increases a forecasted after tax value of a retirement portfolio. A split optimization module determines whether there exists an alternative retirement savings strategy for an investor that both (i) maintains take-home pay of an investor and (ii) increases a forecasted after tax value of a retirement portfolio of the investor as compared to a current retirement savings strategy of the investor. If the alternative retirement savings strategy exists, then a user interface module presents information associated with the alternative retirement savings strategy, including information regarding a recommended periodic contribution by the investor to be invested in the retirement portfolio and information regarding a target proportion of the recommended periodic contribution that should be made pre-tax and post-tax. | 01-05-2012 |
| 20120023039 | SYSTEM AND METHOD FOR TAX-ADVANTAGED FINANCING OF RESIDENTIAL RENEWABLE ENERGY EQUIPMENT - A method and system are disclosed for tax-advantaged financing of renewable energy consumer premises equipment (CPE) for installation and operation on a residential premises of a residential consumer. The method comprises (a) agreeing to supply power generated by the renewable energy CPE to the residential premises of the residential consumer and (b) taking a real property security interest in a primary residence of the residential consumer, whereby the real property security interest secures payments for the power supplied to the residential consumer. | 01-26-2012 |
| 20120023040 | METHOD AND SYSTEM FOR REAL-TIME EQUITY RISK PREMIUM - A process and integrated system for estimating a customized, ex-ante equity risk premium in real time or as of a user-specified historical date. A related database retrieves and processes selected market data and applies the method to determine the ex-ante ERP estimate. Modified versions of the method and system provide size risk premium estimates, industry risk premium estimates, and country risk premium estimates. Another embodiment recursively processes risk premium estimates to further improve accuracy. | 01-26-2012 |
| 20120030142 | System and Method for Managing Tax-Deferred Retirement Accounts - A system and method of managing tax-deferred retirement accounts may allow a plurality of participants to invest in a portfolio having a plurality of exchange traded funds (ETFs) according to an asset allocation model. The system and method may use at least one regular contribution to selectively buy at least one underweighted exchange traded fund to cause a participant's portfolio to more closely conform to the asset allocation model. The system and method may allow a plurality of participants to conduct calculations of estimated retirement savings based on a plurality of parameters. | 02-02-2012 |
| 20120150769 | MORTGAGE AND EDUCATION FINANCIAL OPTIMIZATION - The invention relates to systems and methods for optimizing investments in view of anticipated education or mortgage expenses. One an allocation of assets among investments is determined, and education or mortgage costs are to be considered, systems and methods of the invention assist in optimizing a tax treatment by allocating the chosen investments from accounts based on the tax treatment of those accounts. The invention includes a computer system and methods of the invention run on a computer system. | 06-14-2012 |
| 20120185412 | METHODS AND INVESTMENT INSTRUMENTS FOR PERFORMING TAX-DEFERRED REAL ESTATE EXCHANGES - Methods and investment instruments for investing in real estate are described wherein a portfolio of investment real estate is divided into a plurality of tenant-in-common deeds of predetermined denominations, and which are subject to a master agreement and master lease to form “deedshares.” Holders of the deedshares receive a guaranteed income stream from the master lease and yearly depreciation, without having to maintain or manage the real estate. The holders of deedshares are subject, under the master agreement, to a mechanism that enables the master tenant to purchase, or arrange for the purchase of the deedshares at fair market value (or some other calculable value) at the end of a specified term. Because the deedshares qualify as interests in investment real estate, they are eligible for tax-deferred treatment under §1031 of the Internal Revenue Code. | 07-19-2012 |
| 20120203712 | METHOD AND APPARATUS FOR ISSUING MUNICIPAL BONDS REDEEMABLE FOR FUTURE PAYMENTS OF TAXES AND OTHER OBLIGATIONS TO ISSUING MUNICIPALITY - A system and method of issuing municipal bonds (tax coupon bond, zero coupon bonds, etc.) includes issuing, from a bond agent computer, a bond offering for prospective bond holders, and purchasing, by at least one of the prospective bond holders using a prospective bond holders/investor device, at least one of the offered bonds, wherein the at least one purchased bond is redeemable to offset a bond owner's tax liability to a municipality authorizing the issuance of the bond at a future date. | 08-09-2012 |
| 20120203713 | SYSTEM AND METHOD OF MANAGING AN INVESTMENT ON BEHALF OF AN INVESTOR - A system for managing an investment on behalf of an investor includes a monitoring module to monitor the performance of an investment over a predetermined period of time. A calculation module calculates an amount of tax owing based on the performance of the investment for the period of time. A payments module effects a payment to the investor wherein the payment is the amount of tax owing or a percentage of the amount of tax owing and wherein the payment is only effected if the investor does not withdraw the investment before the predetermined period of time. | 08-09-2012 |
| 20120265710 | Method and system to evaluate and trade a liability for an uncertain tax position - Method and system to provide an exchange to enable trading of liability for uncertain tax positions between a taxpayer and a counterparty. The exchange provides risk assessments and operates as a market maker to consummate bids and acceptance thereof over a network. The method comprises obtaining over a network an indication of the valuation risk associated with the taxpayer's position; recalculating a risk profile of the tax position using weighting factors such as knowledge of tax laws, tax administrative department rulings, regulations, and court decisions; and providing the recalculated risk profile to counterparties who may place bids regarding the tax position in exchange for a proposed payment. The invention may also enable the taxpayer and counterparty to conclude a financial transaction concerning the tax position and the proposed payment. The invention is particularly directed to mitigating uncertainty regarding a taxpayer's FIN 48 tax position. | 10-18-2012 |
| 20120296851 | METHOD FOR PERSONALIZED GUIDANCE FOR REFERENCE DATE DEPENDENT INVESTMENTS - A system and method is provided to generate personalized savings recommendation and/or needed assignments of reference-date dependent investments. Recommendations and assignments are based on differences between a investor profile and an ideal representative that was used to construct the investments. The system provides a configurable increasing level of financial service based on a Methodology Publisher's configuration for reference date based investments. A forecast simulation system is provided for each investor with various optimizers by the Methodologically Publisher to provide various level of financial services and portfolio recommendations for reference date dependent investments. Reports may be provided to investors illustrating progress toward goals and highlighting distribution of potential risky outcomes. An online inter-active mode may allow an investor to provide further profile information and customize a solution to their needs. | 11-22-2012 |
| 20120303551 | Funding Acquisition of University and Non-Profit Patent Portfolios - A method for funding IP procurement for non-profits such as universities and other non-profits that conduct research, includes providing a fund to hold interests in intellectual properties of a non-profit organization, receiving investments from investors to add to the fund to fund acquisition of intellectual properties of the non-profit, by machine, storing information regarding the investments, intellectual properties, and the investors into a database and distributing shares in the fund according to the value of investments made in the fund. | 11-29-2012 |
| 20120330862 | Single-Stock Futures Contract (SSFC) - The “invention” described in this Application is a method, process, structure, system and formulation describing one way how to produce a “financial instrument” which can simultaneously: (1) permit an organization qualified to receive “tax deductible” donations under IRC §170(c)(2) and §2055(a)(2) to issue a “securities futures contract” (the “SSFC”) without violating the restrictions on transfer of restricted stock under SEC Rule 144; and (2) qualify the SSFC as an “exempt security” (not subject to registration or regulation under the Federal Securities Acts or the Commodities Trading Acts of the U.S. Government, when issued by a qualified “tax exempt organization” described in IRC §170(c)(2) and §501(c)(3)-); and (3) qualify the SSFC as a “securities futures contract” within the meaning of the definition in IRC §1234B; and (4) permit the “tacking” of the holding period (under IRC §1223(14)-) of the SSFC onto the holding period of the securities delivered pursuant to the SSFC (provided the SSFC not a §1256 contract); and (5) qualify the purchaser and/or holder of the SSFC, who remains as the holder of the securities delivered pursuant to the SSFC, to receive a charitable income tax deduction under IRC §170(a), or a charitable estate tax deduction under IRC §2055(a), equal to the ‘current market value’ of the donated securities (when the donated securities were received pursuant to the “securities futures contract” and held as a ‘capital asset’ by the holder for a combined holding period which is longer than one (1) year); without regard to the (possibly lesser) “cost basis” of the donor in the securities acquired pursuant to the SSFC; and, without regard to the (possibly shorter) holding period of the donated securities, if/when computed only from the date that the donated securities were delivered pursuant to the SSFC to the donor of the securities. | 12-27-2012 |
| 20130041849 | Methods and Systems for Providing a Municipal Index Swap - In at least one aspect the invention comprises a computer-implemented method comprising: (a) electronically receiving data regarding characteristics of a plurality of tax exempt municipal bonds; (b) electronically receiving data describing a plurality of rules for inclusion of the tax exempt municipal bonds in a municipal bond index; (c) constructing a municipal bond index by applying the rules to characteristics of the plurality of tax exempt municipal bonds; and (d) quoting a municipal swap having a reference index, wherein the reference index is the municipal bond index. Other aspects comprise related computer systems and apparatuses, as well as various embodiments. | 02-14-2013 |
| 20130066810 | PARENT KID ROTH - There is disclosed a child wealth-building computer-implemented financial planning tool on computer readable medium. In an embodiment, the tool includes computer executable instructions for receiving an age of a child in a current tax year in to a computer system. The tool includes computer executable instructions for identifying services performed by the child into the computer system. The tool includes computer executable instructions for entering a source of wages and an amount of wages. The tool includes computer executable instructions for determining tax deductibility of the wages. The tool includes computer executable instructions for calculating tax savings to the parent and to the child. The tool includes computer executable instructions for reporting tax savings. Other embodiments are also disclosed. | 03-14-2013 |
| 20130066811 | PORTFOLIO MANAGEMENT ANALYSIS SYSTEM AND METHOD - An analysis system and method are provided in which out-of-bound accounts can be easily identified and rebalanced. | 03-14-2013 |
| 20130085967 | Asset Investment Tool - A method to maximize a post-mortem asset disbursement, the method receives information about one or more assets owned by an asset holder, selects a life expectancy from the group consisting of a single life, a joint life, and both a single life and a joint life, and sets an expected aggregate expenditure of the asset holder over the life expectancy period. The method further calculates a first investment corpus, a first investment corpus life expectancy value, and calculates a first estimated post-mortem tax liability. The method further sets a value for carve out funds deducted from the first investment corpus, wherein said carve out funds take into account both gift tax and estate tax exclusions, calculates a second investment corpus, a second investment corpus life expectancy value, and a second estimated post-mortem tax liability. The method then determines a value for life insurance proceeds paid at end of life expectancy. | 04-04-2013 |
| 20130151439 | Systems and Methods for Automated, User-Specific, Location-Based, Comprehensive Tax Burden Calculation, Analysis, and Display from a Personal Financial Profile - An interactive query-based system provides user-specific, location-based, comprehensive tax burdens, based upon a taxable entity financial profile, for all locations in any user-designated geographical region. The system rank-orders the results of the user's query, and displays the data in a tabular format and/or geospatially in the form of a “heat map”, thereby allowing the user to quickly and easily determine a comprehensive tax burden for any location in the user-designated geographical region. Furthermore, because the results are rank-ordered, the user can easily compare the comprehensive tax burden for one location to any other number of locations, thereby enabling the user to quickly determine the location providing the lowest comprehensive tax burden, the location providing the highest comprehensive tax burden, and the order and value of those locations in between. | 06-13-2013 |
| 20130166476 | Investment Guidance System Which Enables Individuals To Rate And Select Assets Based On Personal Investment Preferences - An investment guidance system which enables individuals to rate and select assets based on personal investment preferences. The system comprises a method for receiving a request to rate a plurality of assets, providing two or more criteria associated with the assets for a user to evaluate, receiving a relative weight of importance for the two or more criteria, and determining a rating for each asset based on the relative weights assigned to the two or more criteria. The system then ranks the plurality of assets based on the rated value for each asset, provides a list of the ranked assets and receives requests to execute trades for the ranked assets. The assets can comprise mutual funds, stocks, bonds, and/or other investment vehicles. | 06-27-2013 |
| 20130226836 | Generating a Funding and Investment Strategy Associated with an Underfunded Pension Plan - Methods and apparatuses are described generating a funding and investment strategy associated with an underfunded pension plan. A computing device determines an amount of funding required to fund the pension plan to a predetermined liability limit, where the amount of funding required is adjusted for (i) an expected return on pension plan assets, (ii) governmental premiums imposed on underfunded pension plans, and (iii) tax deduction amounts. The computing device determines an amount of debt to incur based on the amount of funding required, and contributes the incurred debt amount into the pension plan as a pension plan asset. The computing device generates a strategic plan for investing the contributed pension plan asset in long-duration bonds, where the long-duration bonds have a higher yield curve than the incurred debt interest rate. The computing device acquires long-duration bonds that have characteristics consistent with the strategic plan. | 08-29-2013 |
| 20130246310 | SYSTEMS AND METHODS FOR PROVIDING AN ONLINE PRIVATE CAPITAL MARKETPLACE - A system for issuing a hybrid structured preferred security within private capital markets, comprising an application server computer, a data analysis manager, a due diligence manager, a pricing manager, a transaction manager, and a plurality of data collection servers adapted to retrieve remote electronic tax data from a taxing authority. Upon receiving a request from an entity for a capital transaction, the application server receives a plurality of data elements pertaining to the entity. An automated due diligence process is conducted using tax data from the entity. The data analysis manager computes risk parameters pertaining to the transaction. The pricing manager computes deal parameters. On receiving from an investor an acceptance of a deal, the transaction manager issues hybrid securities comprising preferred equity shares and warrants to convert preferred equity shares into common shares. | 09-19-2013 |
| 20130262343 | Online Secondary Market for Tax Liens - An electronic, online, secondary marketplace for tax liens in which a marketplace server receives details of a tax-lien certificate put up for sale by a certificate owner. The owner supplies certificate details including the amount of taxes, penalties, premiums and interest currently due, an interest rate associated with the certificate, the property on which the lien is secured, the expiry date of the redemption period of the certificate, and an asking price. On request from a second user, the certificate details are sent to them. The second user may submit a bid price. If the bid price is acceptable to the first user, beneficial ownership of the tax-lien certificate is transferred to the 2 | 10-03-2013 |
| 20130282623 | Tax Efficient Multi-Manager Equity Separately Managed Account - A plurality of model portfolios is received. Each model portfolio is from a respective manager and includes a listing of securities and a respective weight for each security. The plurality of model portfolios is blended to form a blended manager model including a blended listing of securities and a respective blended weight for each security. A separately managed account is constructed by purchasing or trading securities to track at least one characteristic of the blended manager model. | 10-24-2013 |
| 20130311402 | METHOD TO FINANCE DATA CENTERS AND OTHER HIGH INFRASTRUCTURE FACILITIES - A method to finance data centers and other high infrastructure facilities provides suitable collateral to close real estate financing. The method has three portions: vetting of suitable projects upon a computer, assembly of select tax credits upon a computer, and formation of capital as collateral for financing. This invention finds a building that fits the criteria for a government preservation program. Then the invention obtains collateral for financing the building renovation or rehabilitation from governmental agencies in connection with the building. Next the invention finds a third party interested in the collateral that invests in a building project or ownership of the building in exchange for the collateral. The investment funds then provide a down payment for the financing. The collateral may have the form of a federal tax credit. The method promotes financing of structures that may otherwise not obtain financing for reconstruction into a new use. | 11-21-2013 |
| 20130318009 | Property Sale Application and Tracking System - A property sale application system, such as for a tax deed, is provided that receives sale applications. The tax deed application can include information associated with a parcel, certificate information associated with a tax certificate associated with the parcel, and investor information associated with an investor associated with the at least one tax certificate. The system can enter data representative of the application into a database, transmit the application for review, and retrieve parcel information related to the identification information, the certificate information, or the investor information. The system may update the application data in the tax deed database based at least in part on the parcel information, receive a title search request based at least in part on the parcel information, transmit the title search request for processing, provide a status identifier representative of a current status of the tax deed application, and update the status identifier. | 11-28-2013 |
| 20130332394 | Retirement Planning Application - A method includes generating a first interactive graphical user interface (GUI) that identifies one or more guaranteed income options to fund essential retirement expenses and receiving a selection of a guaranteed income option. The method includes generating a second interactive GUI that identifies one or more investment options to fund lifestyle retirement expenses and receiving a selection of an investment option. The method includes generating a third interactive GUI that identifies one or more unexpected liability coverage options and receiving a selection of an unexpected liability coverage option. The method includes generating a fourth interactive GUI that identifies one or more legacy planning options and receiving a selection of a legacy planning option. The method includes generating a retirement plan that identifies the selected guaranteed income option, the selected investment option, the selected unexpected liability coverage option, and the selected legacy planning option. | 12-12-2013 |
| 20140032446 | Holistic Management of Portfolios that Include Separately Managed Accounts - Computer-implemented methods for transforming an investment portfolio that contains at least one separately-managed subaccount. Once instructions are received from a user with respect to cashflows, a net present value of future income is calculated for each separately managed subaccount considered as included within a taxable account or tax-advantaged account. A gap is then calculated between current and expected after-tax values of incremental withdrawals from each of the taxable and tax-advantaged accounts, as well as risk, tax, and location scores. On the basis of a combination score, putative trades are evaluated, with sales and purchases assigned to subaccounts, and the investment portfolio is transformed by implementing trades on the basis of the forgoing processes. | 01-30-2014 |
| 20140067722 | OPTIMAL PORTFOLIO WITHDRAWAL DURING RETIREMENT IN THE PRESENCE OF LONGEVITY RISK - A method, system, and medium for recommending an optimal withdrawal amount, for a given period, from a retiree's portfolio accounts comprised of relatively risky and relatively safe financial assets used to finance retirement. The user supplies information about the retiree's personal characteristics, including age, gender, and health status. Details of the retiree's financial situation are also supplied, including the retiree's total liquid wealth, the current value of relatively risky and relatively safe assets, and any after-tax pension and other annuity income. Risk (standard deviation of return), return (expected rate of return based on a lognormal or other random distribution), or other measurable differentiating characteristics are retrieved for a portfolio comprised of relatively risky assets. A valuation rate is also retrieved. Based on these inputs, an actuarial discount rate is computed, an optimal wealth depletion time is located, and the optimal withdrawal amount is computed and displayed to the user. | 03-06-2014 |
| 20140081890 | Wealth information management system - This invention is generally directed to methods, systems and computer program products for wealth information management. Specifically, methods, systems and computer program products for the retrieval, compilation, collection, aggregation and analysis of an individual's or entity's financial and transactional data. The methods, systems and computer program products of the present invention will also be directed to creating an individual's or entity's commitment schedule, capturing an individual's transactional information and data, determining tax impacts while also determining relationships between transactions and discrepancies within the data. | 03-20-2014 |
| 20140108300 | METHOD AND SYSTEM FOR PROVIDING, ADMINISTERING, AND COORDINATING A DUAL-PURPOSE PROFIT SHARING PLAN - A process and system where such process implements a definite predetermined formula to allocate a value of a life insurance contract owned by one or more parties to support a payment mechanism owned by each party where such definite predetermined formula calculates an amount to allocate to the profit-sharing account of a plan participant and an amount to allocate to another party to support a workers' compensation purpose. | 04-17-2014 |
| 20140149319 | Selling Income from Tax Deferred Investments - A machine manufacture, process, composition and product produced thereby. Representatively there can be a computer-aided method for assigning and managing the rights to receive taxes when amounts are disbursed from tax-advantaged accounts for which a prior deduction has been received, the method including the input of data and incorporation of contract terms which determine the amounts and timing of the right to receive taxes when amounts are disbursed. | 05-29-2014 |
| 20140195461 | DAILY EQUITY BASED TAX SOLUTION - In a computer-implemented method for managing tax withholding liabilities, a notification of a non-standard compensation transaction is received. The non-standard compensation transaction is initiated during a time period covered by the notification. A resulting tax withholding liability is automatically calculated. A directive is automatically generated for directing a calculated tax withholding payment to be made and applied against the calculated tax withholding liability. The calculated payment is to be made to a tax authority on or before a calculated due date of the tax withholding liability. | 07-10-2014 |
| 20140201108 | METHOD AND APPARATUS FOR CALCULATING A TAX COST DIFFERENCE BETWEEN ACTUAL AND MODEL INVESTMENT PORTFOLIOS - A method and apparatus of a device that computes the total tax cost difference between an actual client portfolio and a model portfolio is described. In an exemplary embodiment, the device receives client data corresponding to the actual portfolio and model data corresponding to the model portfolio. The device further computes the total tax cost difference between the actual portfolio and the model portfolio. To compute the total tax difference, the device computes a plurality of individual tax cost differences during a comparison time period between positions of a plurality of securities in both the actual portfolio and the model portfolio and sums the plurality of individual tax cost differences to give the total tax cost difference. In addition, the device stores the total tax cost difference in storage. | 07-17-2014 |
| 20140214725 | GENERATING A FUNDING AND INVESTMENT STRATEGY ASSOCIATED WITH AN UNDERFUNDED PENSION PLAN - Methods and apparatuses are described for generating a funding and investment strategy associated with an underfunded pension plan. A computing device determines an amount of funding required to fund the pension plan to a predetermined liability limit, where the amount of funding required is adjusted. The computing device determines an amount of debt to incur based on the amount of funding required and determines a tax savings amount based on an interest rate associated with the amount of debt to incur. The computing device adjusts the amount of debt to incur based on the tax savings amount and contributes the incurred debt amount into the pension plan as a pension plan asset. The computing device generates a strategic plan for investing the contributed pension plan asset in long-duration bonds. The computing device acquires long-duration bonds that have characteristics consistent with the strategic plan. | 07-31-2014 |
| 20140244543 | Computer-Implemented Optimization of Retirement Income Sourcing - Computer-implemented methods for optimizing income sources in an investment portfolio over a specified course of years. Once input data concerning household income sources, investment assets, preferences and putative strategies have been received, sources of income available to the household in a first year are then optimized on the basis of a first set of simulation assumptions. Sources include social security, investment income, withdrawals from accounts, and annuity income. Iteration over a specified retirement period yields an optimized sequence of income, as well as recommended sources of income and investment allocations. | 08-28-2014 |
| 20140244544 | METHOD AND APPARATUS FOR PROVIDING AFTER TAX BOND VALUATION - Methods and systems are disclosed for determining valuation and risk analysis of municipal debt instruments on an after-tax basis. In one embodiment, bond terms, yield curve and interest rate volatility data are received for a set of bonds. Additionally, IRS treatment data and applicable tax rates for the set of bonds and a purchaser of the bonds are also received. Theoretical tax-neutral values of the bonds are calculated using a buy-and-hold methodology, wherein the tax-neutral value comprises the price of the at least one municipal debt offering such that its discounted after-tax value equals the price. A theoretical maximum after-tax values of the bonds are also calculated using a recursive valuation path-dependent methodology. Optimal bond management is determined using the calculated theoretical tax-neutral values and maximum after-tax values of the bonds. | 08-28-2014 |
| 20140250031 | METHOD OF AND INFORMATION PROCESSING MACHINERY FOR RECOGNIZING, COMPUTING AND CAPTURING SUBSIDIZING PAYMENT CONTRIBUTIONS MADE BY PAYING CONSUMERS WHEN PAYING FOR SERVICES PROVIDED BY ORGANIZATIONS THAT ALSO PROVIDE SIMIMLAR SERVICES TO OTHERS IN FINANCIAL NEED IN A SUBSIDIZED MANNER - Method of capturing, by registered, paying consumers, consumer subsidizing payment contribution based tax benefits across a plurality of tax-qualified organizations and institutions participating within an internet-based tax benefit calculation and capture (TBRCC) network, and calculating and capturing tax benefits generated by consumers paying in excess of the cost of economic benefit(s) provided, with the excess of consumers' payments used to subsidize the receipt of identical or similar economic benefit(s) (e.g. services and/or goods) provided to other consumers in financial need. Further, providing registered, paying consumers with the ability to sell or trade their subsidizing payment contribution-generated tax benefit(s), or converted tax benefits, to other consumers and entities also registered and participating in the TBRCC network. Finally, providing full tax reconciliation between all registered, paying consumers, tax-qualified organizations and institutions, other consumers and entities, and all relevant taxing authorities. | 09-04-2014 |
| 20140258179 | OPEN RETIREMENT ACCOUNT - Methods, systems, and computer-readable media for providing an open retirement account are presented. An open retirement account may comprise of one or more financial accounts, for example, a checking account, a savings account, a 401k, an individual retirement account (IRA), a roth IRA, a certificate of deposit (CD), or any other suitable financial account. Deposits may be made to one or more of the financial accounts where the deposits may have one of a pre-tax state or a post-tax state. The tax states for the deposits may be tracked. The open retirement account may be displayed to a user such that the pre-tax balance is displayed separate from the post-tax balance. In some embodiments, a user may request to withdraw funds from a pre-tax portion of the open retirement account, and the system may compute a tax liability for the withdrawal. The tax liability, including any charges and/or a tax rate for the withdrawal, may be displayed to the user. | 09-11-2014 |
| 20140258180 | FINANCIAL OPTIMIZATION SYSTEM AND METHOD - The invention relates to investment optimizing systems and methods. Once an investor or investment advisor determines the appropriate asset allocation and there are both taxable accounts and at least one of a tax-deferred and tax-free investment account, the systems and methods will optimize the investor's after-tax asset accumulation. This is accomplished by allocating the chosen investment vehicles between the taxable and at least one of the tax-deferred and tax-free accounts in an optimum manner. The invention includes a computer system and methods of the invention run on a computer system and further include the use of intelligent heuristics for measuring increased performance based on different asset allocations. | 09-11-2014 |
| 20150074018 | METHOD AND SYSTEM FOR AUTOMATICALLY IDENTIFYING TAX AGENCIES FOR REAL ESTATE PROPERTIES - Computer-based systems and methods are disclosed for automatically identifying taxes for real estate properties. The systems and methods can automatically identify the tax agency and/or tax identifier for real estate properties without substantial user interaction. In some embodiments, the systems and methods can automatically identify the real estate property and/or parcel based at least in part on received tax information without substantial user interaction. A confidence score and/or error rate may also be calculated based on one or more business rules to provide information about the relative error rate in any of the identifications provided. | 03-12-2015 |
| 20150310560 | Systems And Methods For Improving Government Financing Of Infrastructure Services/Improvements - Disclosed herein are various categorization and rating systems for tax liens, tax deeds, and/or non-ad valorem (NAV) liens, as well as associated methods that facilitate classifications and ratings across various local governmental jurisdictions according to a common, referenceable categorization and/or rating scheme. The common categorization and/or rating scheme facilitates identification of tax liens, tax deeds and/or NAV liens having common underlying real property characteristics, investment characteristics, or other characteristics. In one example, a computer categorizes the tax liens, tax deeds and/or NAV liens into subgroups, and determines a rating based on one or more characteristics, including the likely desirableness as an investment vehicle to certain classes of investors. The categorized tax lien/tax deed and/or NAV lien information and the ratings may be made available to third-party computing devices (such as mobile devices or tablets) used by potential investors to evaluate the possible purchase thereof. | 10-29-2015 |
| 20160063633 | USER INTERFACE FOR REAL ESTATE DEVELOPMENT AND COMMUNICATIONS PLATFORM - In some embodiments, a method to generate a visualization of real estate development data may include receiving, at a communications module, source data from third party servers; inferring, at a data module, inferred location attributes from the source data; analyzing, at an analytics module, development opportunities and building potential of a selected property based on the inferred location attributes; analyzing, at the analytics module, zoning regulations and tax records of the selected property based on inferences made by the data module; calculating, at the analytics module, economic and tax potential of development capacity of a specified property; and/or creating, at a visualization module, a 3D representation of the development opportunities and building potential to display on a 3D map, based on the inferences made by the data module, as well as the calculations made by the analytics module. | 03-03-2016 |
| 20160110820 | CLOUD COMPUTED DATA SERVICE FOR AUTOMATED REPORTING OF VEHICLE TRIP DATA AND ANALYSIS - This disclosure generally relates to systems and methods to receiving onboard diagnostic data associated with an operational state of a vehicle of a user and pushing a message to the user, the message including information associated with the onboard diagnostic data. | 04-21-2016 |
| 20160140662 | FINANCIAL PLANNING TOOL - An interactive graphical system is disclosed for ascertaining a person's or business owner's financial status to aid in financial planning. A display graphically and interactively displays the size of a person's or business owner's assets and locations thereof in real time, the assets comprise at least one of the group: investments, Roth funds, 401k/IRA funds, deferred annuities, non-cash assets, life insurance, disability insurance, and cash reserves. Current strategies in place to meet future goals are evaluated and a processor is provided for calculating surplus or deficit cash flow position due to living expenses, current strategies, and taxes in order to formulate strategies for future goals. Tax implications of current asset locations are also considered as part of the planning process. The result of using this inventive tool is to provide clarity of a person's assets and plans. | 05-19-2016 |
