Integrated investment management system with network datafeed

• US 7,587,350 B1
• Filed: 07/26/2001
• Issued: 09/08/2009
• Est. Priority Date: 07/26/2000
• Status: Active Grant

• Current Assignee: First Rate, Inc.
• Original Assignee: InvestEdge, Inc.
• Inventors: Collins, Roland E. III, Stewart, Robert S.
• Primary Examiner(s): APPLE, KIRSTEN SACHWITZ
• Application Number:
  US09/915,993
• Time in Patent Office: 2,966 Days
• Field of Search: 705/36.R
• US Class Current: 705/36.00R
• CPC Class Codes: G06Q 10/0639 Performance analysis of employees; Performance analysis of enterprise or organisation operations
• 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: G06Q 40/12 Accounting
• CPC Class Codes: Y10S 707/99933 Query processing, i.e. searching
• CPC Class Codes: Y10S 707/99953 Recoverability

Abstract

An investment management system in communication with a data vendor and an accounting system. The system includes an application server, the application server has logic configured to perform at least one of the following upon a user request:

• • portfolio analysis of an investment portfolio;
  • portfolio monitoring of the investment portfolio;
  • trade calculation and rebalancing;
  • scenario analysis;
  • reporting at least one holding of the investment portfolio; and
  • linking at least one publication to at least one holding of the investment portfolio.
    The system also includes a database server in communication with the application server.

Claims

1. An investment management computer system in electronic communication with at least one of a data vendor or an electronic accounting system, the investment management computer system comprising:

an electronic application server, the application server having logic configured to perform at least the following electronically;

portfolio analysis of an investment portfolio, wherein the portfolio analysis includes aggregating a plurality of securities in the investment portfolio by security type;

portfolio monitoring of the investment portfolio;

reporting at least one holding of the investment portfolio;

an electronic database server in communication with the application server, the database server having at least one associated electronic database; and

,

wherein the application server further includes data load logic configured to perform the following electronically on a periodic basis in association with at least one of the databases associated with the database server;

extracting and receiving data into the database server database from at least one of the accounting system or a data vendor data source,

validating the extracted and received data to promote a complete transmission and to promote a correct as-of-date transmission for the extracted and received data,

deleting previously extracted and received data stored in the database server database, and

replacing the deleted extracted and received data in the database server database with the newly extracted and received data.

2. The system of claim 1, further comprising a web browser in communication with the application server.

3. The system of claim 1, wherein the user is one of an investment professional and a customer of an investment professional.

4. The system of claim 1, wherein the database server includes an account database, a portfolio database, and a company/security database.

5. The system of claim 4, wherein the database server further includes a user database.

6. The system of claim 4, wherein the database server further includes a publication database.

7. The system of claim 1, wherein the application server has logic that is configured to additionally perform at least one of the following upon a request by the user:

optimization of a plurality of holdings of the investment portfolio;

record an investment policy for at least one customer account;

track the performance of at least one holding of the investment portfolio;

perform base currency translations;

enable block trades of a plurality of holdings in the investment portfolio;

or

track relationships among multiple customers.

8. The system of claim 1, wherein the application server has logic that is configured to perform at least one operation on a scheduled basis upon a request by the user.

9. The system of claim 1, further comprising the application server being configured to perform scenario analysis, wherein the scenario analysis includes an analysis of possible trades of at least one security.

10. The system of claim 1, further comprising the application server being configured for linking at least one publication to at least one holding of the investment portfolio.

11. The system of claim 1, further comprising the application server being configured for trade calculation and rebalancing.

12. The system of claim 1, wherein the application server has logic that is configured to additionally perform the following upon a request by the user:

optimization of a plurality of holdings of the investment portfolio;

record an investment policy for at least one customer account;

track the performance of at least one holding of the investment portfolio; and

,

enable block trades of a plurality of holdings in the investment portfolio.

13. A method of managing a portfolio of asset holdings, comprising:

receiving a request from a user to perform an operation on the portfolio;

electronically performing the following operations on the portfolio with an electronic application server;

analyzing the portfolio, wherein analyzing the portfolio includes aggregating a plurality of securities in the portfolio by security type; and

monitoring the portfolio;

wherein the operation is performed using data from at least one of an accounting system and a data vendor;

performing the following electronically with the application server on a periodic basis in association with an electronic database server;

extracting and receiving data into a database associated with the database server from at least one of an accounting system or a data vendor data source,

validating the extracted and received data to promote a complete transmission and to promote a correct as-of-date transmission for the extracted and received data,

deleting previously extracted and received data stored in the database server database, and

replacing the deleted extracted and received data in the database server database with the newly extracted and received data; and

outputting a report to the user.

14. The method of claim 13, further comprising authenticating the user.

15. The method of claim 13, further comprising updating data in a database.

16. The method of claim 13, wherein receiving a request from a user to perform an operation on the portfolio includes receiving a request from a user to perform an operation on the portfolio on a scheduled basis.

17. The method of claim 13, wherein the operations further include responding to an account inquiry.

18. The method of claim 13, wherein the operations further include responding to an asset inquiry.

19. The method of claim 13, wherein the operations further include recording an investment policy.

20. The method of claim 13, wherein the operations further include comparing at least one holding of the portfolio to a predefined criterion.

21. The method of claim 13, wherein the operations further include comparing at least one holding of the portfolio to a target allocation.

22. The method of claim 13, wherein the operations further include performing an optimization calculation on at least one holding of the portfolio.

23. The method of claim 13, wherein the operations further include publishing a document and searching a document.

24. The method of claim 13, wherein the operations further include performing relationship tracking for a plurality of customers of an investment professional.

25. The method of claim 13, wherein the operations additionally include tracking a performance of at least one holding of the portfolio.

26. The method of claim 13, wherein the operations further include performing a currency translation.

27. The method of claim 13, wherein the operations further include trading a block of holdings of the portfolio.

28. The system of claim 13, further comprising performing the following operation on the portfolio:

analyzing trading scenarios related to the portfolio, wherein analyzing includes analyzing possible trades of at least one asset.

29. The system of claim 13, further comprising performing the following operation on the portfolio:

linking publications and data to the portfolio.

30. The system of claim 13, further comprising performing the following operations on the portfolio:

calculating the effects of trades on the portfolio and rebalancing the portfolio.

31. A computer-readable medium having stored thereon instructions which, when executed by a processor, cause the processor to:

receive a request from a user to perform an operation on a portfolio of asset holdings;

electronically perform the following operations on the portfolio;

analyzing the portfolio, wherein analyzing the portfolio includes aggregating a plurality of securities in the portfolio by security type; and

monitoring the portfolio;

perform the following electronically with an electronic application server on a periodic basis in association with an electronic database server;

extracting and receiving data into a database associated with the database server from at least one of an accounting system or a data vendor data source,

validating the extracted and received data to promote a complete transmission and to promote a correct as-of-date transmission for the extracted and received data,

deleting previously extracted and received data stored in the database server database, and

replacing the deleted extracted and received data in the database server database with the newly extracted and received data; and

,

output a report to the user.

32. The computer-readable medium of claim 31, having stored thereon additional instructions which, when executed by the processor, cause the processor to authenticate the user.

33. The computer-readable medium of claim 31, having stored thereon additional instructions which, when executed by the processor, cause the processor to perform the following operation on the portfolio:

analyzing trading scenarios related to the portfolio, wherein analyzing includes analyzing possible trades of at least one asset.

34. The computer-readable medium of claim 31, having stored thereon additional instructions which, when executed by the processor, cause the processor to perform the following operation on the portfolio:

linking publications and data to the portfolio.