Data health monitor for financial information communications networks

• US 6,587,840 B1
• Filed: 12/20/1999
• Issued: 07/01/2003
• Est. Priority Date: 09/08/1997
• Status: Expired due to Term

• Current Assignee: Thomson Reuters Global Resources Unlimited Company (The Woodbridge Co. Ltd.)
• Original Assignee: Reuters Limited (The Woodbridge Co. Ltd.)
• Inventors: Fletcher, Steve John Harwood, Dale, Stephen G., Smith, Christina
• Primary Examiner(s): Coggins, Wynn W.
• Assistant Examiner(s): ROSEN, NICHOLAS D
• Application Number:
  US09/466,774
• Time in Patent Office: 1,289 Days
• Field of Search: 705/1, 705/35, 705/37, 707/1, 707/10, 707/104.1, 707/200, 707/203, 707/511, 707/530, 707/540, 345/962, 709/205, 709/224, 709/248
• US Class Current: 705/35
• 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
• CPC Class Codes: G16H 40/20 for the management or administration of healthcare resources or facilities, e.g. managing hospital staff or surgery rooms
• CPC Class Codes: G16H 40/63 for local operation
• CPC Class Codes: Y02A 90/10 Information and communication technologies [ICT] supporting adaptation to climate change, e.g. for weather forecasting or climate simulation
• CPC Class Codes: Y10S 707/99953 Recoverability
• CPC Class Codes: Y10S 707/99954 Version management

Abstract

A financial communications network incorporating a data health monitor is provided that includes a plurality of data sources, a plurality of data collection system, a client site terminal and a network connecting these components. Each data collection system includes a processor for receiving and formatting financial data received from the data sources, wherein the formatted financial data has a data field including a first data source identifier identifying the data source of the formatted financial data and a first system identifier identifying the data collection system formatting the formatted financial data. The collection system also include a status code generator for generating and transmitting a status code, and a heartbeat signal generator for generating and periodical transmitting a heartbeat signal. Based on information in data fields, status codes, and heartbeat signal, client site terminals select a real-time or stale display mode for displaying the financial data.

Claims

1. In an open system, a data health monitor for detecting and identifying non-current financial data transmitted via a network, comprising:

a processor for receiving real-time financial data, formatting said real-time financial data to include a data source identifier, and transmitting said formatted real-time financial data onto the network;

a status code generator for generating and transmitting a data source status code based upon the operating status of a data source, said data source status code including the data source identifier, said status code generator automatically updating said data source status code in response to changes in the operating status of said data source and automatically transmitting said updated data source status code; and

a terminal for receiving and processing said formatted real-time financial data, said data source status code and said updated data source status code, said terminal selecting in real time a stale or real-time display mode for said formatted real-time financial data based upon said data source identifier of said formatted real-time financial data, said data source status code and said updated data source status code, and displaying said formatted real-time financial data in accordance with the selected display mode.

2. A data health monitor according to claim 1, wherein said terminal compares the data source identifier of said formatted real-time financial data with the data source identifier of the data source status code and displays the formatted real-time financial data in accordance with the status indicated in the data source status code when said data source identifiers match.

3. A data health monitor according to claim 1, wherein said terminal automatically alters the display mode of said formatted real-time financial data upon receipt of an updated data source status code having a data source identifier matching that of said formatted real-time financial data in accordance with the operating status indicated in the received updated data source status code.

4. A data health monitor for detecting and identifying non-current financial data transmitted via a network, comprising:

a processor for receiving real-time financial data from a data source, formatting said real-time financial data to include a data source identifier, and transmitting said formatted real-time financial data onto the network;

a status code generator for generating and transmitting a data source status code based upon the operating status of said data source, said data source status code including the data source identifier, said status code generator automatically updating said data source status code in response to changes in the operating status of said data source and automatically transmitting said updated data source status code; and

a terminal for receiving and processing said formatted real-time financial data, said data source status code and said updated data source status code, said terminal selecting in real time a stale or real-time display mode for said formatted real-time financial data based upon said data source identifier of said formatted real-time financial data, said data source status code and said updated data source status code, and displaying said formatted real-time financial data in accordance with the selected display mode.

5. A data health monitor according to claim 4, wherein said terminal compares the data source identifier of said formatted real-time financial data with the data source identifier of the data source status code and displays the formatted real-time financial data in accordance with the status indicated in the data source status code when said data source identifiers match.

6. A data health monitor according to claim 4, wherein said terminal automatically alters the display mode of said formatted real-time financial data upon receipt of an updated data source status code having a data source identifier matching that of said formatted real-time financial data in accordance with the operating status indicated in the received updated data source status code.

7. A data health monitor for detecting and identifying non-current financial data transmitted via a network, comprising:

a processor for receiving current financial data from a data source, formatting said current financial data to include a data source identifier, and transmitting said formatted current financial data onto the network;

a status code generator for generating and transmitting a data source status code based upon the operating status of said data source, said data source status code including the data source identifier, said status code generator automatically updating said data source status code in response to changes in the operating status of said data source and automatically transmitting said updated data source status code; and

a terminal for receiving and processing said formatted current financial data, said data source status code and said updated data source status code, said terminal selecting in real time a stale or real-time display mode for said current financial data based upon said data source identifier of said formatted current financial data, said data source status code and said updated data source status code, and displaying said current financial data in accordance with the selected display mode.

8. A data health monitor according to claim 7, wherein said terminal compares the data source identifier of said formatted current financial data with the data source identifier of the data source status code and displays the current financial data in accordance with the status indicated in the data source status code when said data source identifiers match.

9. A data health monitor according to claim 7, wherein said terminal automatically alters the display mode of said formatted current financial data upon receipt of an updated data source status code having a data source identifier matching that of said formatted current financial data in accordance with the operating status indicated in the received updated data source status code.

10. A data health monitor for detecting and identifying non-current financial data transmitted via a network, comprising:

a processor for receiving real-time financial data from a data source, formatting said real-time financial data to include a system identifier, and transmitting said formatted real-time financial data onto the network;

a heartbeat signal generator for generating and transmitting at a predetermined interval a heartbeat signal including said system identifier; and

a terminal for receiving and processing said formatted real-time financial data and said heartbeat signal, said terminal selecting in real time a stale or real-time display mode for said formatted real-time financial data based upon said system identifier of said formatted real-time financial data and said heartbeat signal and displaying said formatted real-time financial data in accordance with the selected display mode.

11. A data health monitor according to claim 10, wherein, when said terminal does not receive said heartbeat signal within a predetermined period of time, said terminal compares the system identifier of said formatted real-time financial data with the system identifier of the heartbeat signal not received and displays the formatted real-time financial data in the stale display mode when said system identifiers match.

12. In an open system, a data health monitor for detecting and identifying noncurrent financial data transmitted via a worldwide network, comprising:

a processor for receiving current financial data, formatting said current financial data to include an identifier, and transmitting said formatted current financial data onto the worldwide network;

a status code generator for generating and transmitting a data source status code based upon the operating status of a data source, said data source status code including the data source identifier, said status code generator automatically updating said data source status code in response to changes in the operating status of said data source and automatically transmitting said updated data source status code; and

a terminal for receiving and processing said formatted current financial data, said data source status code and said updated data source status code, said terminal selecting in real time a stale or real-time display mode for said current financial data based upon said data source identifier of said formatted current financial data, said data source status code and said updated data source status code, and displaying said current financial data in accordance with the selected display mode.

13. A data health monitor according to claim 12, wherein said terminal compares the data source identifier of said formatted real-time financial data with the data source identifier of the data source status code and displays the formatted real-time financial data in accordance with the status indicated in the data source status code when said data source identifiers match.

14. A data health monitor according to claim 13, wherein said terminal automatically alters the display mode of said formatted real-time financial data upon receipt of an updated data source status code having a data source identifier matching that of said formatted real-time financial data in accordance with the operating status indicated in the received updated data source status code.

15. A data health monitor for detecting and identifying non-current financial data transmitted via a worldwide network, comprising:

a processor for receiving real-time financial data from a data source, formatting said real-time financial data to include a data source identifier, and transmitting said formatted real-time financial data onto the worldwide network;

a status code generator for generating and transmitting a data source status code based upon the operating status of said data source, said data source status code including the data source identifier, said status code generator automatically updating said data source status code in response to changes in the operating status of said data source and automatically transmitting said updated data source status code; and

a terminal for receiving and processing said formatted real-time financial data, said data source status code and said updated data source status code, said terminal selecting in real time a stale or real-time display mode for said formatted real-time financial data based upon said data source identifier of said formatted real-time financial data, said data source status code and said updated data source status code, and displaying said formatted real-time financial data in accordance with the selected display mode.

16. A data health monitor according to claim 15, wherein said terminal compares the data source identifier of said formatted real-time financial data with the data source identifier of the data source status code and displays the formatted real-time financial data in accordance with the status indicated in the data source status code when said data source identifiers match.

17. A data health monitor according to claim 16, wherein said terminal automatically alters the display mode of said formatted real-time financial data upon receipt of an updated data source status code having a data source identifier matching that of said formatted real-time financial data in accordance with the operating status indicated in the received updated data source status code.

18. A data health monitor for detecting and identifying non-current financial data transmitted via a worldwide network, comprising:

a processor for receiving current financial data from a data source, formatting said current financial data to include a data source identifier, and transmitting said formatted current financial data onto the worldwide network;

a status code generator for generating and transmitting a data source status code based upon the operating status of said data source, said data source status code including the data source identifier, said status code generator automatically updating said data source status code in response to changes in the operating status of said data source and automatically transmitting said updated data source status code; and

a terminal for receiving and processing said formatted current financial data, said data source status code and said updated data source status code, said terminal selecting in real time a stale or real-time display mode for said current financial data based upon said data source identifier of said formatted current financial data, said data source status code and said updated data source status code, and displaying said current financial data in accordance with the selected display mode.

19. A data health monitor according to claim 18, wherein said terminal compares the data source identifier of said formatted current financial data with the data source identifier of the data source status code and displays the formatted current financial data in accordance with the status indicated in the data source status code when said data source identifiers match.

20. A data health monitor according to claim 19, wherein said terminal automatically alters the display mode of said current financial data upon receipt of an updated data source status code having a data source identifier matching that of said formatted real-time financial data in accordance with the operating status indicated in the received updated data source status code.

21. A data health monitor for detecting and identifying non-current financial data transmitted via a worldwide network, comprising:

a processor for receiving real-time financial data from a data source, formatting said real-time financial data to include a system identifier, and transmitting said formatted real-time financial data onto the worldwide network;

a heartbeat signal generator for generating and transmitting at a predetermined interval a heartbeat signal including said system identifier; and

a terminal for receiving and processing said formatted real-time financial data and said heartbeat signal, said terminal selecting in real time a stale or real-time display mode for said formatted real-time financial data based upon said system identifier of said formatted real-time financial data and said heartbeat signal and displaying said formatted real-time financial data in accordance with the selected display mode.

22. A data health monitor according to claim 21, wherein, when said terminal does not receive said heartbeat signal within a predetermined period of time, said terminal compares the system identifier of said formatted real-time financial data with the system identifier of the heartbeat signal not received and displays the formatted real-time financial data in the stale display mode when said system identifiers match.