SYSTEMS AND METHODS FOR ADMINISTERING INVESTMENT PORTFOLIOS BASED ON TRANSACTION DATA

• US 20150095150A1
• Filed: 09/30/2014
• Published: 04/02/2015
• Est. Priority Date: 09/30/2013
• Status: Abandoned Application

• Current Assignee: Toronto-Dominion Bank
• Original Assignee: Toronto-Dominion Bank
• Inventors: VAN HEERDEN, Lauren, SIVASHANMUGAM, Prabaharan, GLOBE, Michael E., AL-SAMADI, Mazin, NADARAJAH, Gunalan, DEL VECCHIO, Orin, CUMMINS, Michael D.
• Application Number:
  US14/502,268
• Publication Number:
  US 20150095150A1
• Time in Patent Office: Days
• US Class Current: 705/14.53
• CPC Class Codes: G06Q 30/0255 based on user history
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

The disclosed embodiments include systems and methods for administering actual and virtual investment portfolios based on transaction data associated with one or more users. The disclosed embodiments may be configured to obtain first transaction data associated with a first user and identifying one or more first products purchased by the first user. The disclosed embodiments may also be configured to obtain program data identifying a first loyalty program associated with the first user, and geographic data specifying a geographic region associated with the first user. Additionally, the disclosed embodiments may be configured to identify one or more first securities based on the first transaction data and the obtained program and/or geographic data. The disclosed embodiments may also generate one or more first electronic instructions to transmit information identifying a first set of the one or more first securities to a device of the first user.

Claims

1. An apparatus, comprising:

a storage device; and

at least one processor coupled to the storage device, the storage device storing software instructions for controlling the at least one processor when executed by the at least one processor, and the at least one processor is operative with the software instructions and is configured to;

obtain first transaction data associated with a first user, the first transaction data identifying one or more first products purchased by the first user;

obtain program data identifying a first loyalty program associated with the first user, the first member being a participant in the first loyalty program;

identify one or more first securities based on the first transaction data and the program data, the first securities being related to (i) the first loyalty program and (ii) at least one of the first products; and

generate one or more first electronic commands to transmit information identifying a first set of the one or more first securities to a device of the first user.

2. The system of claim 1, wherein the at least one processor is further configured to transmit, to the first user device, information identifying an incentive to purchase the first set of the one or more first securities, the incentive comprising at least one of a waiver of a purchase transaction fee or a reduction in a share price.

3. The system of claim 1, wherein the at least one processor is further configured to perform processes that purchase the first set of the one or more first securities to create or modify an investment portfolio of the first user.

4. The system of claim 3, wherein the at least one processor is further configured to:

identify a point balance associated with the first loyalty program; and

perform processes that increase the point balance by a value determined in accordance with one or more rules established by the first loyalty or reward program.

5. The system of claim 3, wherein the at least one processor is further configured to:

identify, in response to the purchase of the first securities, a second loyalty program available to the first user, the second loyalty program being associated with an issuer of at least one of the first set of the one or more first securities; and

generate one or more second electronic commands to transmit information identifying the second loyalty program to the first user device.

6. The system of claim 3, wherein the at least one processor is further configured to:

in response to the purchase of the first securities, generate information identifying an incentive to purchase a product associated with an issuer of at least one of the first set of the one or more first securities; and

generate one or more second electronic commands to transmit the generated purchase incentive information to the first user device.

7. The system of claim 6, wherein:

the issuer at least one of manufactures the product, transports the product, or offers the product for sale; and

the purchase incentive comprises a coupon redeemable at a retailer.

8. The system of claim 3, wherein the at least one processor is further configured to:

determine whether the investment portfolio conforms to an investment goal of the user; and

perform operations that sell at least one of the purchased first securities, when the investment portfolio fails to conform to the investment goal,

the investment goal comprising at least one of a cash reserve, a ratio of debt securities to equity securities, or a limit on a value of the investment portfolio.

9. The system of claim 1, wherein the at least one processor is further configured to generate or modify at least one of a virtual investment portfolio or a watchlist for the first user, the at least one virtual investment portfolio or watchlist comprising a first simulated financial position in at least one of the one or more first securities.

10. The system of claim 9, wherein the at least one processor is further configured to:

generate an incentive to purchase a product associated with an issuer of the at least one of the one or more first securities; and

generate one or more second electronic commands to transmit the generated purchase incentive to the first user device.

11. The system of claim 10, wherein:

the issuer at least one of manufactures the product, transports the product, or offers the product for sale; and

the purchase incentive comprises a coupon redeemable at least one of an electronic or physical retailer.

12. The system of claim 10, wherein the at least one processor is further configured to:

identify a number of prior purchase incentives provided to the first user device in a predetermined time period;

determine whether the identified number of prior purchase incentives exceeds a threshold number; and

when the identified number of prior purchase incentives is determined not to exceed the threshold value, generate the one or more second electronic commands to transmit the purchase incentive to the first user device.

13. The system of claim 1, wherein the at least one processor is further configured to:

identify a first position in at least one of the first set of the one or more first securities, the first position corresponding to an investment strategy for incorporating the first set of the one or more first securities into at least one investment portfolio or watchlist; and

generate one or more second electronic commands to transmit information identifying the first position to the first user device.

14. The system of claim 13, wherein the at least one processor is further configured to:

identify a second position in at least one of the first set of the one or more first securities; and

generate the one or more second electronic commands to transmit information identifying the first and second positions to the first user device.

15. The system of claim 1, wherein the at least one processor is further configured to:

identify at least one of an investment program or an investment offering related to (i) the first loyalty program and (ii) at least one of the first products; and

generate one or more second electronic commands to transmit information identifying the at least one investment program or offering to the first user device.

16. The system of claim 15, wherein:

the investment offering comprises an initial public offering of at least one second security; and

the investment program comprises a dividend reinvestment program.

17. The system of claim 1, wherein the at least one processor is further configured to:

obtain geographic data associated with the user, the geographic data specifying a geographic region associated with at least one purchase transaction initiated by the user; and

identify the one or more first securities based on the first transaction data, the program data, and the geographic data, the first securities being related to the first loyalty program, the at least one of the first products, and the geographic region.

18. The system of claim 17, wherein:

the first securities comprise an debt security issued by a governmental entity associated with the geographic region; and

the purchase transaction is associated with at least one of (i) a retailer disposed within the geographic region or (ii) a shipping address disposed within the geographic region.

19. The system of claim 1, wherein the at least one processor is further configured to:

obtain information indicative of an investment risk tolerance of the first user; and

identify the one or more first securities based on the first transaction data and the investment risk tolerance information.

20. The system of claim 19, wherein the at least one processor is further configured to:

receive the investment risk tolerance from the first user device;

or

determine the investment risk tolerance based on an outcome of a financial investing game.

21. The system of claim 19, wherein:

the first transaction data identifies at least one prior financial services transaction associated with the first user; and

the at least one processor is further configured to;

determine a modified investment risk tolerance in accordance with the at least one prior financial services transaction; and

identify the one or more first securities based on the obtained transaction data and the modified investment risk tolerance.

22. The system of claim 1, wherein the at least one processor is further configured to:

identify a plurality of candidate securities, the candidate securities being associated with corresponding issuers;

determine a relationship between a first issuer of the corresponding issuers and the at least one of the first products; and

select a first candidate security as one of the one or more first securities, based on the determined relationship.

23. The system of claim 1, wherein the at least one processor is further configured to:

obtain second transaction data associated with one or more second users; and

identify the one or more first securities based on the first and second transaction data.

24. The system of claim 23, wherein the at least one processor is further configured to identify the one or more second users based on at least one of a familial relationship with the first user or demographic data associated with the first user, the demographic data specifying at least one of an age, an income, an education level, or a geographic location of the first user.

25. A computer-implemented method, comprising:

obtaining, by one or more processors, first transaction data associated with a first user, the first transaction data identifying one or more first products purchased by the first user;

obtaining, by the one or more processors, program data identifying a first loyalty program associated with the first user, the first member being a participant in the at least one first loyalty program;

identifying, by the one or more processors, one or more first securities based on the first transaction data and the program data, the first securities being related to (i) the first loyalty program and (ii) at least one of the first products; and

generating, by the one or more processors, one or more first electronic commands to transmit information identifying a first set of the one or more first securities to a device of the first user.

26. A system, comprising:

a storage device; and

at least one processor coupled to the storage device, the storage device storing software instructions for controlling the at least one processor when executed by the at least one processor, and the at least one processor being operative with the software instructions and configured to;

obtain first transaction data associated with a first user, the first transaction data identifying purchases of one or more first products by the first user;

identify geographic data associated with the first user, the geographic data specifying a geographic region corresponding to at least one of a retailer or a shipping address associated with the purchases;

identify one or more first securities based on the first transaction data and the geographic data, the first securities being related to the geographic region and at least one of the first products; and

generate one or more first electronic commands to transmit information identifying a first set of the one or more first securities to a device of the first user.

27. The system of claim 26, wherein the at least one processor is further configured to:

obtain program data identifying a first loyalty program associated with the first user, the first member being a participant in the first loyalty program; and

identify the one or more first securities based on the first transaction data, the geographic data, and the program data, at least one of the first securities being related to the first loyalty program.

28. The system of claim 26, wherein at least one of the first securities comprises a municipal bond issued by a government entity of the geographic region.

29. The system of claim 26, wherein the at least one processor is further configured to:

obtain information indicative of an investment risk tolerance of the first user; and

identify the one or more first securities based on the first transaction data, the geographic data, and the investment risk tolerance information.

30. The system of claim 29, wherein:

the first transaction data identifies at least one prior financial services transaction associated with the first user; and

the at least one processor is further configured to;

determine a modified investment risk tolerance in accordance with the at least one prior financial services transaction; and

identify the one or more first securities based on the obtained transaction data, the geographic data, and the modified investment risk tolerance.