System and Method for Locating a Document Containing a Selected Number and Displaying the Number as it Appears in the Document

• US 20100280972A1
• Filed: 07/16/2010
• Published: 11/04/2010
• Est. Priority Date: 05/29/2002
• Status: Active Grant

• Current Assignee: Capital IQ (Standard & Poor's Investment Advisory Services LLC)
• Original Assignee: Capital IQ (Standard & Poor's Investment Advisory Services LLC)
• Inventors: MURPHY, William, GOLDMAN, Neal D.
• Granted Patent: US 7,870,168 B2
• Time in Patent Office: Days
• US Class Current: 705/36R
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: Y10S 707/99933 Query processing, i.e. searching
• CPC Class Codes: Y10S 707/99945 Object-oriented database structure processing

Abstract

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.

Claims

1. A computer-readable medium having encoded thereon computer-executable instructions which, when executed by a computer, cause the computer to perform a process comprising the steps of:

(a) receiving a user selection of a target entity about which the user wishes to view financial information;

(b) retrieving financial information of the target entity from a computer-stored database of financial information;

(c) displaying the retrieved financial information of the target entity;

(d) receiving a user selection of a number within the displayed financial information;

(e) searching through the database to locate a source document containing the selected number; and

(f) displaying a portion of the source document containing the selected number.

3. The computer-readable medium of either of claim 1 or 2, having encoded thereon instructions for performing the step of searching through the database to locate a source document containing the selected number which, when executed by the computer, cause the computer to:

generating one or more alternative number representations for the selected number when no source document containing the selected number is found;

searching through the database to locate a source document containing at least one of the alternative number representations; and

stopping the search when a source document containing a one of the alternative number representations is located.

4. The computer-readable medium of either of claim 1 or 2, having encoded thereon instructions for performing the step of searching through the database to locate a source document containing the selected number which, when executed by the computer, cause the computer to search for the source document that has a date that is closest to the end of the 3-month quarter in which the selected number is reported by the target entity.

5. The computer-readable medium of either of claim 1 or 2, having encoded thereon instructions for performing the step of searching through the database to locate a source document containing the selected number which, when executed by the computer, cause the computer to search for the source document that has a date that falls within a predetermined specified date range.

6. The computer-readable medium of either of claim 1 or 2, having encoded thereon instructions for performing the step of searching through the database to locate a source document containing the selected number which, when executed by the computer, cause the computer to search for the source document that has a date that falls within at least one of the following date ranges:

(a) a time period extending before and after the target entity'"'"'s filing date for the source document containing the selected number,

(b) a time period extending before the target entity'"'"'s filing date for the source document containing the selected number; and

(c) a time period extending after the target entity'"'"'s filing date for the source document containing the selected number.

7. The computer-readable medium of claim 6, having encoded thereon instructions which, when executed by the computer, cause the computer to determine which of two or more located documents has the most recent date if two or more documents are located having a date that falls within the date range.

8. The computer-readable medium of either of claim 1 or 2, wherein the financial information comprises financial numbers including dollar values, ratios and multiples.

9. The computer-readable medium of either of claim 1 or 2, wherein the financial information comprises financial numbers including Net Debt, Revenue, EBIDTA, EBIT, EPS and Book Value.

10. The computer-readable medium of claim 3,

(a) wherein the alternative number representations comprise numerical digits representing units of money;

(b) wherein at least one of the alternative number representations includes a unit of money symbol;

(c) wherein at least one of the alternative number representations includes at least one comma between digits;

(d) wherein at least one of the alternative number representations includes at least one period between digits; and

(e) wherein at least one of the alternative number representations includes at least one space between digits.

11. The computer-readable medium of claim 10, wherein a specific ranking is assigned to the alternative number representations, and searches for the alternative number representations follow the assigned ranking.

2. A computer-readable medium having encoded thereon computer-executable instructions which, when executed by a computer, cause the computer to perform a process comprising the steps of:

(a) receiving a user selection of a target entity about which the user wishes to view financial information;

(b) retrieving financial information of the target entity from a computer-stored database of financial information;

(c) displaying the retrieved financial information of the target entity;

(d) receiving a user selection of a number within the displayed financial information;

(e) retrieving from the database one or more component numbers used to calculate the selected number, and displaying the component numbers;

(f) receiving a user selection of one of the component numbers;

(g) repeating steps (e) and (f) until the number selected by the user is a number contained in a source document and not calculated from two or more component numbers;

(h) searching through the database to locate a source document containing the selected number; and

(i) displaying a portion of the source document containing the selected number.

12. A computer-implemented method for locating and displaying a number in a source document comprising the steps of:

(a) storing a database of financial information;

(b) receiving a user selection entered on a computer of a target entity about which the user wishes to view financial information;

(c) retrieving financial information of the target entity from the database of financial information;

(d) displaying the retrieved financial information of the target entity;

(e) receiving a user selection entered on a computer of a number within the displayed financial information;

(f) searching through the database to locate a source document containing the selected number; and

(g) displaying a portion of the source document containing the selected number.

14. The computer-implemented method of either of claim 12 or 13, wherein the step of searching through the database to locate a source document containing the selected number comprises:

generating one or more alternative number representations for the selected number when no source document containing the selected number is found;

searching through the database to locate a source document containing at least one of the alternative number representations; and

stopping the search when a source document containing a one of the alternative number representations is located.

15. The computer-implemented method of either of claim 12 or 13, wherein the step of searching through the database to locate a source document containing the selected number comprises searching for the source document that has a date that is closest to the end of the 3-month quarter in which the selected number is reported by the target entity.

16. The computer-implemented method of either of claim 12 or 13, wherein the step of searching through the database to locate a source document containing the selected number comprises searching for the source document that has a date that falls within a predetermined specified date range.

17. The computer-implemented method of either of claim 12 or 13, wherein the step of searching through the database to locate a source document containing the selected number comprises searching for the source document that has a date that falls within at least one of the following date ranges:

(a) a time period extending before and after the target entity'"'"'s filing date for the source document containing the selected number,

(b) a time period extending before the target entity'"'"'s filing date for the source document containing the selected number; and

(c) a time period extending after the target entity'"'"'s filing date for the source document containing the selected number.

18. The computer-implemented method of claim 17, wherein if two or more documents are located having a date that falls within the date range, the step of searching through the database to locate a source document containing the selected number further comprises determining which of the two or more documents has the most recent date.

19. The computer-implemented method of either of claim 12 or 13, wherein the financial information comprises financial numbers including dollar values, ratios and multiples.

20. The computer-implemented method of either of claim 12 or 13, wherein the financial information comprises financial numbers including Net Debt, Revenue, EBIDTA, EBIT, EPS and Book Value.

21. The computer-implemented method of claim 14:

(a) wherein the alternative number representations comprise numerical digits representing units of money;

(b) wherein at least one of the alternative number representations includes a unit of money symbol;

(c) wherein at least one of the alternative number representations includes at least one comma between digits;

(d) wherein at least one of the alternative number representations includes at least one period between digits; and

(e) wherein at least one of the alternative number representations includes at least one space between digits.

22. The computer-implemented method of claim 21, wherein a specific ranking is assigned to the alternative number representations, and searches for the alternative number representations follow the assigned ranking.

13. A computer-implemented method for locating and displaying a number in a source document comprising the steps of:

(a) storing a database of financial information;

(b) receiving a user selection entered on a computer of a target entity about which the user wishes to view financial information;

(c) retrieving financial information of the target entity from the database of financial information;

(d) displaying the retrieved financial information of the target entity;

(e) receiving a user selection entered on a computer of a number within the displayed financial information;

(f) retrieving from the database one or more component numbers used to calculate the selected number, and displaying the component numbers;

(g) receiving a user selection entered on a computer of one of the component numbers;

(h) repeating steps (f) and (g) until the number selected by the user is a number contained in a source document and not calculated from two or more component numbers;

(i) searching through the database to locate a source document containing the selected number; and

(j) displaying a portion of the source document containing the selected number.