SYSTEM AND METHOD FOR ACCESSING AND DISPLAYING DATA RELATING TO FINANCIAL SECURITIES

• US 20130006891A1
• Filed: 09/10/2012
• Published: 01/03/2013
• Est. Priority Date: 09/04/2009
• Status: Active Grant

• Current Assignee: Hartford Fire Insurance Company (The Hartford Financial Services Group, Inc.)
• Original Assignee: Hartford Fire Insurance Company (The Hartford Financial Services Group, Inc.)
• Inventors: Brazdzionis, Paul L., Giancarlo, Phillip A., Serhant, James A. II, Toutoungi, Nasri, Gray, Michael
• Granted Patent: US 8,682,767 B2
• Time in Patent Office: Days
• US Class Current: 705/36.R
• CPC Class Codes: G06Q 10/06 Resources, workflows, human or project management; Enterprise or organisation planning; Enterprise or organisation modelling
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

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.

Claims

1. A computer system for furnishing data relating to securities and issuers of the securities, comprising:

a processor;

one or more memory storage devices, in communication with the processor, storing data relating to the securities and the issuers of the securities; and

an electronic catalog comprising at least catalog data stored in at least one of the one or more memory storage devices, the catalog data comprising at least logical locations for the data relating to the securities and the issuers of the securities;

the processor being configured to;

access, using at least the catalog data, the data relating to the securities and the issuers of the securities; and

process the accessed data relating to the securities and the issuers of the securities and output for display data including a listing of issuers and, associated with each issuer in the listing, one or more criteria and a result of application of a surveillance rule to each of the one or more criteria.

2. The computer system of claim 1, wherein the processor is further configured to output data for representation of the result of application of the surveillance rule graphically in color.

3. The computer system of claim 1, wherein the processor is further configured to, responsive to receipt of a prompt to display only those issuers having an exception included in the result of application of the surveillance rule, output data for display of data for only those issuers having at least one exception included in the result of application of the surveillance rule.

4. The computer system of claim 1, wherein the processor is further configured to receive an indication of review and closure of an exception in the application of the surveillance rule, and responsive to receipt of the indication, output data for graphic display in association with the issuer and the surveillance rule an indication of a reviewed exception.

5. The computer system of claim 1, wherein the processor is further configured to output data for graphic representation of, for one or more of the criteria, a subject value, a reference value, and a limit of tolerance of the subject value.

6. The computer system of claim 5, wherein the reference value is a value of the subject value at a prior time.

7. The computer system of claim 6, wherein the subject value is a current credit default swap value and the subject value is a prior day credit default swap value.

8. The computer system of claim 6, wherein the subject value is a credit rating of an issuer and the reference value is a prior day credit rating of the issuer.

9. The computer system of claim 5, wherein the processor is further configured to receive a reference value determined by a user and based on data associated with selected securities of issuers assigned to a same industry class as an issuer, and to output data indicative of a result of comparison of the subject value to the user-determined reference value.

10. The computer system of claim 5, wherein the processor is further configured to output data for representation of the subject value in a first color when within the limit of tolerance and in a second color when outside the limit of tolerance.

11. A computer-implemented method for furnishing data relating to securities and issuers of the securities, comprising:

storing in one or more memory storage devices data relating to the securities and the issuers of the securities;

storing in the one or more memory storage devices catalog data comprising at least logical locations for the data relating to the securities and the issuers of the securities;

accessing by one or more processors, using at least the catalog data, the data relating to the securities and the issuers of the securities; and

processing by the one or more processors the accessed data relating to the securities and the issuers of the securities and outputting by the one or more processors for display data including a listing of issuers and, associated with each issuer in the listing, one or more criteria and a result of application of a surveillance rule to each of the one or more criteria.

12. The computer-implemented method of claim 11, further comprising outputting data for display of a graphic indicative of unavailability of data to determine the result of application of the surveillance rule.

13. The computer-implemented method of claim 11, further comprising receiving a user selection of a risk class, and outputting for display in the listing data relating only to issuers in the user-selected risk class.

14. The computer-implemented method of claim 11, wherein the criteria comprise data indicative of variations in credit default swap values for a plurality of periods.

15. The computer-implemented method of claim 14, wherein the data indicative of variations in credit default swap values comprise credit default swap 1 day variation, credit default swap 5 day variation and credit default swap 30 day variation.

16. The computer-implemented method of claim 11, further comprising receiving a user-defined setting to provide an alert when a subject value is outside a tolerance range in a negative manner, and, responsive to determining that the subject value is outside the tolerance range in the negative manner, providing an alert via at least one of e-mail or text message.

17. A non-transitory computer-readable medium having a plurality of instructions thereon for furnishing data relating to investments, which instructions, when executed by a processor, cause the processor to:

access an electronic catalog comprising at least catalog data stored in one or more memory storage devices, the catalog data comprising at least logical locations for the data relating to investments;

employ location data accessed from the catalog to access selected data of the data relating to investments stored in a plurality of formats in one or more memory storage devices; and

process the accessed data relating to the securities and the issuers of the securities and output for display data including a listing of issuers and, associated with each issuer in the listing, one or more criteria and a result of application of a surveillance rule to each of the one or more criteria.

18. The non-transitory computer-readable medium of claim 17, wherein the instructions further cause the processor to output for graphic representation, for at least some of the criteria, a subject value, a reference value, and negative and positive limits of tolerance of the subject value.

19. The non-transitory computer-readable medium of claim 18, wherein the instructions further cause the processor to output data for representation of the subject value in a first color for a value within the limits of tolerance, a second color for a value exceeding the negative limit of tolerance, and a third color for a value exceeding the positive limit of tolerance.

20. The non-transitory computer-readable medium of claim 19, wherein the subject value is a current credit rating.