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1. WO2000039736 - SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT FOR ONLINE FINANCIAL PRODUCTS TRADING

Publication Number WO/2000/039736
Publication Date 06.07.2000
International Application No. PCT/US1999/031107
International Filing Date 30.12.1999
Chapter 2 Demand Filed 28.07.2000
IPC
G06Q 40/00 2006.01
GPHYSICS
06COMPUTING; CALCULATING OR COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
CPC
G06Q 40/02
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
02Banking, e.g. interest calculation, credit approval, mortgages, home banking or on-line banking
G06Q 40/025
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
02Banking, e.g. interest calculation, credit approval, mortgages, home banking or on-line banking
025Credit processing or loan processing, e.g. risk analysis for mortgages
G06Q 40/06
GPHYSICS
06COMPUTING; CALCULATING; COUNTING
QDATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTING PURPOSES, NOT OTHERWISE PROVIDED FOR
40Finance; Insurance; Tax strategies; Processing of corporate or income taxes
06Investment, e.g. financial instruments, portfolio management or fund management
Applicants
  • ULTRAPRISE CORPORATION [US/US]; 123 East German Street Shepherdstown, WV 25443, US
Inventors
  • LEVINE, David, A.; US
  • LEVINE, Monica, Larson; US
  • MINTON, Gabriel, D.; US
  • POLETTI, Jonathan; US
  • SONDREGGER, Dean; US
  • HEFFNER, Reid, R.; US
Agents
  • DURKIN, Tracy-Gene, G. ; Sterne, Kessler, Goldstein & Fox P.L.L.C. 1100 New York Avenue, N.W. Suite 600 Washington, DC 20005-3934, US
Priority Data
09/270,83718.03.1999US
60/114,57831.12.1998US
Publication Language English (EN)
Filing Language English (EN)
Designated States
Title
(EN) SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT FOR ONLINE FINANCIAL PRODUCTS TRADING
(FR) SYSTEME, PROCEDE DE PROGICIEL D'ECHANGE EN LIGNE DE PRODUITS FINANCIERS
Abstract
(EN)
A system, method and computer program product are provided for an online, centralized financial products exchange system which automates and standardizes the secondary market process by applying a data transformation and mapping process to loan information and instantly matching available loans and loan pools with the purchasing criteria of buyers. The system transforms the loan information that is entered by the user into a standardized data format. Data is filtered before being forwarded to a subscriber using a pre-defined criteria selected by the subscriber. The system includes a plurality of Web servers for receiving and providing loan information from and to subscribers on several Web clients and a database server for searching the predefined rules to match potential buyers with sellers. The system also includes a database for storing information relating to negotiations (i.e., bidding) for the sale of loans and for storing predefined rules for pre-registered buyers and sellers. The system further includes a database and server for storing risk/return information that is made available to subscribers for analysis.
(FR)
L'invention concerne un système, un procédé et un progiciel destinés à un système d'échange centralisé en ligne de produits financiers, qui permet d'automatiser et de standardiser les opérations réalisées sur le marché secondaire par application d'un procédé de mise en correspondance et de transformation des données aux informations relatives aux prêts, et par mise en corrélation instantanée des prêts et des groupes de prêts disponibles avec les critères d'achat des acheteurs. Le système transforme les informations relatives aux prêts saisies par l'utilisateur en un format de données standard. Les données sont filtrées avant d'être transmises à un abonné à l'aide d'un critère prédéfini choisi par l'abonné lui-même. Le système comprend une pluralité de serveurs Web destinés à recevoir et à fournir des informations relatives aux prêts de/aux abonnées via plusieurs clients Web, et un serveur de base de données permettant la recherche de règles prédéfinies de mise en corrélation d'acheteurs éventuels avec des vendeurs. Le système comprend également une base de données destinée au stockage d'informations relatives aux négociations (enchères, par exemple) pour la vente de prêts, et au stockage de règles prédéfinies pour acheteurs et vendeurs préenregistrés. Le système comprend, en outre, une base de données et un serveur destinés au stockage d'informations relatives au risque/rendement divulguées auprès des abonnées à des fins d'analyse.
Also published as
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