METHOD AND SYSTEM FOR FACILITATING A CONTEXT-BASED ELECTRONIC COMMUNICATION REGARDING A FINANCIAL TRANSACTION

• US 20110040661A1
• Filed: 08/11/2009
• Published: 02/17/2011
• Est. Priority Date: 08/11/2009
• Status: Active Grant

• Current Assignee: Citadel Enterprise IP
• Original Assignee: KCG IP HOLDINGS LLC
• Inventors: Miglis, Tom, Griffin, Kenneth C.
• Granted Patent: US 8,458,077 B2
• Time in Patent Office: Days
• US Class Current: 705/30
• CPC Class Codes: G06Q 10/107 Computer-aided management of electronic mailing [e-mailing]
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

Method and system providing context-based electronic communication regarding a financial transaction. One system includes a database configured to store data pertaining to a financial transaction involving an investment fund. The system further includes a display application configured to create a display for displaying the financial transaction and one or more transaction parameters. The transaction parameters are based on data pertaining to the financial transaction stored in the database. The system further includes a communication application configured to create a communication interface. The communication interface enables a first user to initiate a communication with a second user regarding the financial transaction. The communication interface further automatically embeds at least a portion of the transaction parameters in the communication displayed to the second user.

Claims

1. A computer communication system operatively coupled to a plurality of data sources, each of which collects or generates financial data pertaining to a financial transaction, the computer communication system comprising:

a database configured to store data pertaining to a financial transaction involving an investment fund, the data collected or generated by a plurality of data sources;

a display application stored on a computer readable memory and configured to execute on a processor to create a display for displaying the financial transaction and one or more transaction parameters, wherein the one or more transaction parameters are based on data pertaining to the financial transaction stored in the database; and

a communication application stored on a computer readable memory and configured to execute on a processor to create a communication interface, wherein the communication interface enables a first user to initiate a communication with a second user regarding the financial transaction and automatically embeds at least a portion of the plurality of transaction parameters in the communication displayed to the second user.

2. The computer communication system of claim 1, wherein the communication interface enables a first user to initiate an instant messaging communication with the second user via a first instant messaging window.

3. The computer communication system of claim 2, wherein the instant messaging communication is displayed to the second user via a second instant messaging communication window.

4. The computer communication system of claim 3, wherein the communication interface embeds some of the one or more transaction parameters in the communication displayed to the second user by embedding some of the one or more transaction parameters in the second instant messaging window.

5. The computer communication system of claim 1, wherein the financial transaction involving the investment fund is a trade of a particular security between the investment fund and a counterparty.

6. The computer communication system of claim 5, wherein the one or more transaction parameters include one or more parameters selected from a group consisting of status of the trade, type of the trade, quantity of the particular security, type of the particular security, price of the particular security, and the counterparty.

7. The computer communication system of claim 1, wherein the second user is an account manager for the investment fund.

8. The computer communication system of claim 1, wherein the communication interface further embeds in the communication a link to the data in the database pertaining to the financial transaction.

9. The computer communication system of claim 1, wherein the communication application further saves the communication in the database and associates the communication with the financial transaction.

10. The computer communication system of claim 1, wherein the communication is an e-mail communication.

11. A method of setting up a computer communication regarding a financial transaction for use in an investment fund data integration system operatively coupled to a plurality of data sources, each of which collects or generates financial data pertaining to the financial transaction, the data integration system comprising a database coupled to the plurality of data sources, a display application stored on a computer readable memory and configured to execute on a processor, and a communication application stored on a computer readable memory and configured to execute on a processor, the method comprising:

receiving from the plurality of electronic data sources financial data pertaining to a financial transaction involving an investment fund;

storing the received data in the database coupled to the plurality of data sources;

displaying the financial transaction and one or more transaction parameters via the display application, wherein the one or more transaction parameters are based on data pertaining to the financial transaction stored in the database;

using the communication application to receive a request from a first user to initiate a communication with a second user regarding the financial transaction;

initiating the communication between the first user and the second user regarding the financial transaction via the communication application; and

automatically embedding at least a portion of the plurality of transaction parameters in the communication displayed to the second user via the communication application.

12. The computer communication system of claim 11, wherein initiating the communication between the first user and the second user regarding the financial transaction includes initiating an instant messaging communication with the second user via a first instant messaging window.

13. The computer communication system of claim 12, wherein the instant messaging communication is displayed to the second user via a second instant messaging communication window.

14. The computer communication system of claim 13, wherein automatically embedding at least a portion of the plurality of transaction parameters in the communication further includes automatically embedding at least a portion of the plurality of transaction parameters in the second instant messaging window.

15. The computer communication system of claim 11, wherein the financial transaction involving the investment fund is a trade of a particular security between the investment fund and a counterparty.

16. The computer communication system of claim 15, wherein the one or more transaction parameters include one or more parameters selected from a group consisting of status of the trade, type of the trade, quantity of the particular security, type of the particular security, price of the particular security, and the counterparty.

17. The computer communication system of claim 11, wherein the second user is an account manager for the investment fund.

18. The computer communication system of claim 11, wherein automatically embedding at least a portion of the plurality of transaction parameters in the communication includes automatically embedding in the communication a link to the data in the database pertaining to the financial transaction.

19. The computer communication system of claim 11, further comprising saving the communication in the database and associating the communication with the financial transaction.

20. The computer communication system of claim 11, wherein the communication is an e-mail communication.