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System and method for brokering the allocation of an item of business property

  • US 5,893,904 A
  • Filed: 06/14/1996
  • Issued: 04/13/1999
  • Est. Priority Date: 06/14/1996
  • Status: Expired due to Term
First Claim
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1. A system operating on at least one computer for brokering the allocation of an item of business property to a recipient, the system coupled to a business database containing business data identified with the item, comprising:

  • a translate module operable to receive allocation data for the item, the allocation data comprising a first portion comprising a recipient identifier and an item identifier, the allocation data comprising a second portion that comprises a submitter identifier, an authorizer identifier, and a unique transaction identifier for the item, the translate module further operable to generate query data for the item that represents the first portion of the allocation data;

    a query module coupled to the translate module and operable to generate a query using the query data for submission to the business database;

    a transaction database coupled to the translate module and operable to receive at least some of the allocation data from the translate module and to store the received allocation data in a record according to the unique transaction identifier for the item, the transaction database further operable to store a query response received from the business database in the record according to the unique transaction identifier for the item; and

    a broker module coupled to the transaction database and operable to access the query response and the allocation data stored in the record to confirm authorization for the allocation of the item and, in response, to broker the allocation of the item to the recipient.

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