INSTITUTIONAL PROVIDED DATA SHARE PLATFORM

• US 20120215724A1
• Filed: 04/29/2011
• Published: 08/23/2012
• Est. Priority Date: 02/18/2011
• Status: Abandoned Application

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Ross, Erik Stephen
• Application Number:
  US13/097,828
• Publication Number:
  US 20120215724A1
• Time in Patent Office: Days
• US Class Current: 705/400
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Embodiments of the invention are directed to a system, method, or computer program product for an institution provided data share platform. The institution provided data share platform allows customers and commercial partners to access data the institution may have. Specific platform data access may be limited and/or monitored by the institution to ensure customer safety and privacy compliance. Allowing access to the institution data provides a customer the means to create customized applications utilizing the data in combination with data provided by the customer. In return for access to the platform, the institution may recover fees based on the application the customer creates.

Claims

1. A method for providing data via a data share platform comprising:

populating the data share platform with data that is accessible through the data share platform;

receiving a request, from a requestor who desires access to the data on the data share platform, wherein the request includes authentication information;

authenticating the requestor from the authentication information, to determine if the requestor has access to the data on the data share platform; and

providing, using a processing device, a response to the request, wherein the response to the request comprises data available through the data share platform, the data being provided to the requestor based at least in part on queries made by the requestor to the data share platform.

2. The method of claim 1, wherein populating the data share platform comprises data provided by an institution.

3. The method of claim 1, wherein populating the data share platform comprises data provided by the requestor and implemented on the data share platform by the requestor.

4. The method of claim 1, wherein receiving a request is be provided through an application programming interface.

5. The method of claim 1, wherein the requestor is a customer of the institution providing the data share platform.

6. The method of claim 1, wherein the requestor is a commercial partner of the institution providing the data share platform.

7. The method of claim 1, wherein authenticating the requestor for access to the data share platform is based at least in part on institutional security.

8. The method of claim 1, wherein authenticating the requestor for access to the data share platform is based in part on the requestor providing data to the data share platform.

9. The method of claim 8, wherein requestor provided data comprises data that the institution is not able to acquire independent of the requestor.

10. The method of claim 4, wherein the application programming interface provides the response to the request.

11. The method of claim 1, further comprising monitoring activity of the data share platform

12. The method of claim 11, wherein monitoring the activity of the data share platform comprises monitoring the number of accesses to the data share platform.

13. The method of claim 11, wherein monitoring the activity of the data share platform comprises monitoring use of the data, wherein the data comprises code recognition readable by the data share platform.

14. The method of claim 11, further comprising determining a payment amount based at least in part on the monitoring interaction between the data share platform and the requestor.

15. The method of claim 11, further comprising providing institutional security for the data share platform based at least in part on the monitoring interaction between the data share platform and the requestor.

16. The method of claim 1, wherein the institution is a financial institution, wherein the data provided by the data share platform is financial data.

17. An institution provided data share platform system comprising:

a memory device;

a communication device; and

a processing device operatively coupled to the memory device and the communication device, wherein the processing device is configured to execute computer-readable program code to;

populate the data share platform with data that is accessible through the platform;

receive a request, from a requestor who desires access to the data on the data share platform, wherein the request includes authentication information;

authenticate the requestor from the authentication information, to determine if the requestor has access to the data on the data share platform; and

provide a response to the request, wherein the response to the request comprises data available through the data share platform, the data being provided to the requestor based at least in part on queries made by the requestor to the data share platform.

18. The system of claim 17, wherein populating the data share platform comprises data provided by an institution.

19. The system of claim 17, wherein populating the data share platform comprises data provided by requestors implemented on the data share platform by the requestor.

20. The system of claim 17, wherein the processing device is further configured to execute computer-readable program code to receive a request through an application programming interface.

21. The system of claim 17, wherein the requestor is a customer of the institution providing the data share platform.

22. The system of claim 17, wherein the requestor is a commercial partner of the institution providing the data share platform.

23. The system of claim 17, wherein the processing device is further configured to execute computer-readable program code to authenticate the requestor for access to the data share platform is based at least in part on institutional security.

24. The system of claim 17, wherein the processing device is further configured to execute computer-readable program code to authenticate the requestor for access to the data share platform is based in part on the requestor providing data to the data share platform.

25. The system of claim 24, wherein requestor provided data is data that the institution is not able to acquire independent of requestor.

26. The system of claim 20, wherein an application programming interface provides the response to the request.

27. The system of claim 17, wherein the processing device is further configured to execute computer-readable program code to monitor activity of the data share platform.

28. The system of claim 27, wherein monitor the activity of the data share platform comprising monitoring the number of accesses to the data share platform.

29. The system of claim 28, wherein the data comprises code recognition readable by the data share platform.

30. The system of claim 27, wherein the processing device is further configured to execute computer-readable program code to determine a payment amount based at least in part on monitoring the interaction between the data share platform and the requestor.

31. The system of claim 27, wherein the processing device is further configured to execute computer-readable program code to provide institutional security for the data share platform based at least in part on monitoring interaction between the data share platform and the requestor.

32. The system of claim 17, wherein the institution is a financial institution, wherein the data provided by the data share platform is financial data.

33. A computer program product, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

an executable portion configured for receiving a request, from a requestor who desires access to the data on the data share platform, wherein the request includes authentication information;

an executable portion configured for authenticating the requestor from the authentication information to determine if the requestor has access to the data on the data share platform; and

an executable portion configured for providing a response to the request, wherein the response to the request comprises data available through the data share platform, the data being provided to the requestor based at least in part on queries made by the requestor to the data share platform.

34. The computer program product of claim 33, wherein populating the data share platform comprises data provided by an institution.

35. The computer program product of claim 33, wherein populating the data share platform comprises data provided by requestors implemented on the data share platform by the requestor.

36. The computer program product of claim 33, wherein receiving a request is through an application programming interface.

37. The computer program product of claim 33, wherein the requestor is a customer of the institution providing the data share platform.

38. The computer program product of claim 33, wherein the requestor is a commercial partner of the institution providing the data share platform.

39. The computer program product of claim 33, wherein authenticating the requestor for access to the data share platform is based at least in part on institutional security.

40. The computer program product of claim 33, wherein authenticating the requestor for access to the data share platform is based in part on the requestor providing data to the data share platform.

41. The computer program product of claim 40, wherein requestor provided data is data that the institution is not able to acquire independent of requestor.

42. The computer program product of claim 33, wherein an application programming interface provides the response to the request.

43. The computer program product of claim 33, further comprising an executable portion configured for monitoring activity of the data share platform.

44. The computer program product of claim 43, wherein monitoring the activity of the data share platform comprises monitoring the number of accesses to the data share platform.

45. The computer program product of claim 43, wherein monitoring the activity of the data share platform further comprises code recognition readable by the data share platform.

46. The computer program product of claim 43, further comprising an executable portion configured for determining a payment amount based at least in part on monitoring the interaction between the data share platform and the requestor.

47. The computer program product of claim 43, further comprising an executable portion configured for providing institutional security for the data share platform based at least in part on the monitoring interaction between the data share platform and the requestor.

48. The computer program product of claim 33, wherein the data provided by the data share platform is financial data.

49. A method for providing a data share platform comprising:

allowing access to data on the data share platform to a customer;

providing security to the customer, wherein the customer is provided limited access to the data on the data share platform;

monitoring activity of the data share platform; and

determining a customer payment amount based on the customer use of the data share platform, wherein the fee is further based at least in part on the monitoring of the data share platform.

50. The method of claim 49, wherein the data on the data share platform is provided to the customer through an application programming interface.

51. The method of claim 49, wherein the customer is an individual customer of the institution providing the data share platform.

52. The method of claim 49, wherein the customer is a commercial partner of the institution providing the data share platform.

53. The method of claim 49, wherein providing security to the customer limits the customer access to restricted data.

54. The method of claim 53, wherein restricted data is financial data of other customers.

55. The method of claim 53, wherein restricted data comprises data that the institution is not able to acquire independent of the customer.

56. The method of claim 49, further comprising providing security for the data share platform based at least in part on the monitoring of activity on the data share platform.

57. The method of claim 49, wherein monitoring the activity of the data share platform comprises monitoring the number of accesses to the data share platform.

58. The method of claim 49, wherein monitoring the activity of the data share platform comprises monitoring use of the data, wherein the data comprises code recognition readable by the data share platform.

59. The method of claim 49, further comprising determining a payment amount based at least in part on the monitoring interaction between the data share platform and the customer.

60. The method of claim 49, wherein the institution is a financial institution, wherein the data provided by the data share platform is financial data.