Goal-directed financial asset management system
First Claim
1. A data processing system for administering a program to provide a future return commensurate with a selected degree of correspondence to a capital market, said system comprising:
- means for receiving and storing data on accounts from participating investors, including for each account a selected proportionality factor, MM, indicative of the degree of correspondence between a valuation of said account and valuation of said capital market;
means for receiving adjustment requests from said participating investors for said accounts;
means responsive to said adjustment requests for determining an asset transaction in said capital market wherein said asset transaction is proportional to a net aggregate value of all said adjustment requests for said asset; and
means for adjusting said participating investor accounts responsive to said asset transaction and said adjustment requests.
1 Assignment
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Accused Products
Abstract
A data processing apparatus and method controls and implements a goal-directed financial assets management system. The operative system receives investor deposits at selected levels of correspondence to established capital markets. A proportionality factor, or "market multiple" MM, is established as a measure of correspondence between the account and each market or asset of interest. The operative system periodically enters new account data and adjusts the individual accounts in response thereto. The system determines a net position change which is translated into aggregate purchase/sale orders of various market index futures contracts or other capital instruments. The system automatically adjusts the risk exposure in any asset category to prevent its reaching an excessive level. As a result, an account can never lose more than the amount deposited. The data processing system provides efficient operation and low transaction fees to the participating investors.
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Citations
18 Claims
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1. A data processing system for administering a program to provide a future return commensurate with a selected degree of correspondence to a capital market, said system comprising:
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means for receiving and storing data on accounts from participating investors, including for each account a selected proportionality factor, MM, indicative of the degree of correspondence between a valuation of said account and valuation of said capital market; means for receiving adjustment requests from said participating investors for said accounts; means responsive to said adjustment requests for determining an asset transaction in said capital market wherein said asset transaction is proportional to a net aggregate value of all said adjustment requests for said asset; and means for adjusting said participating investor accounts responsive to said asset transaction and said adjustment requests. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A data processing method for administering a program to provide an investment account a rate of return commensurate with an established capital market, said method comprising the steps of:
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a. Receiving and storing account parameters for said investment account, including an account asset allocation and a selected proportionality factor relating the rate of return between said investment account to said established capital market; b. Receiving on a periodic basis a market index value (IDX), wherein said market index value represents a valuation of assets for said established capital market; c. Receiving adjustments to said account parameters and determining a position change for said investment accounts based thereon; d. Determining a total net position change for all participating investors at said market index value (IDX). e. Adjusting said account parameters responsive to said position change for said investment account. - View Dependent Claims (8, 9, 10)
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11. In combination in a data processing system for supervising an investment group of plural investment accounts, each account having investment parameters including an account balance and a proportionality factor, said data processing system comprising:
- market data entry means for receiving a current market index representative of a periodic valuation of a selected market;
account data entry means for receiving account deposits, withdrawals and changes to said proportionality factor;
means for determining an investment group investment position in the selected market in response to an aggregate adjustment to said accounts;
data processing means responsive on a periodic basis to said current market index deposits, withdrawals or changes in said proportionality factor for adjusting each account so that an account valuation corresponds to the selected market index;
storage means for recording net changes in account balances and said investment group investment position; and
output means for interactive communication to said market and system participants. - View Dependent Claims (12, 13, 14)
- market data entry means for receiving a current market index representative of a periodic valuation of a selected market;
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15. In combination in a data processing system for managing plural accounts to provide for each account a rate of return commensurate to an established form of capital, comprising;
- a data entry means for receiving and storing information on each said account including an account balance and a proportionality factor relating the rate of return between the account balance and the established form of capital, a customer request entry means for entering changes to the account information including deposits, withdrawals and changes to said proportionality factor for said account, a data processing means for determining an investment position contingent on an aggregation of said account information, a market communication means to effect a transaction pursuant to said investment position, and an automatic adjustment means to adjust said accounts corresponding to said transaction and said proportionality factor pursuant to preset limits regarding an exposure level for said account in said form of capital.
- View Dependent Claims (16, 17, 18)
Specification