Methods and systems for monitoring, analyzing and reporting information in association with collateralized financial instruments

• US 7,937,302 B1
• Filed: 11/20/2002
• Issued: 05/03/2011
• Est. Priority Date: 11/20/2002
• Status: Active Grant

• Current Assignee: The PNC Financial Services Group, Inc.
• Original Assignee: The PNC Financial Services Group, Inc.
• Inventors: Lego, Michael J., Bengtson, Katina, Kallet, Katherine
• Primary Examiner(s): Borlinghaus; Jason M
• Assistant Examiner(s): Norman; Samica L
• Application Number:
  US10/300,145
• Time in Patent Office: 3,086 Days
• Field of Search: 705/35, 705/36.R, 705/38
• 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 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

In one method embodiment of the present methods and systems, a computer-assisted method is provided for analyzing at least one financial instrument associated with a financial institution. The financial instrument has an associated collateral. The method includes receiving at least one collateral margin record from a collateral data source, wherein the collateral margin record includes information related to at least one collateral margin condition of the financial instrument; comparing at least a portion of the collateral margin record to at least one criterion; and, generating at least one of a report and a notification based on the step of comparing the collateral margin record to the criterion. Various aspects of the present method embodiments discussed herein can also be provided in accordance with various computer-readable media embodiments and system embodiments.

Claims

1. A computer-assisted method for analyzing at least one financial instrument associated with a financial institution, said financial instrument having collateral associated therewith, said method comprising the steps of:

receiving, using an electronic computing device, at least one collateral margin record from a collateral data source, wherein said collateral margin record includes information related to at least one collateral margin condition of said financial instrument;

comparing, using the electronic computing device, at least a portion of said collateral margin record to at least one criterion;

excluding the collateral margin record from analysis when the collateral associated with the financial instrument is maintained by an organization which is internal to the financial institution;

generating with a collateral analysis application at least one of a report or a notification based on said step of comparing said collateral margin record to said criterion;

sorting the collateral margin records by an indicia of collateral margin representative;

excluding the collateral margin record from analysis by the collateral margin representative when the collateral margin condition is less than a first predetermined dollar amount, wherein said first predetermined dollar amount is greater than zero;

requiring a relationship manager to acknowledge the existence of the collateral margin record when the collateral margin condition is greater than a second predetermined dollar amount and has existed for less than a predetermined number of days;

requiring the relationship manager to acknowledge the existence of the collateral margin condition and take an action to address the collateral margin condition when the collateral margin condition is greater than said second predetermined dollar amount and the collateral margin condition has existed for at least the predetermined number of days.

2. The method of claim 1, wherein said portion of said collateral margin record includes the value of said collateral and said criterion includes said first predetermined dollar amount.

3. The method of claim 1, wherein said portion of said collateral margin record includes an indication of a number of days associated with the existence of said collateral margin record and said criterion includes said predetermined number of days.

4. The method of claim 3, further comprising generating said notification based on comparing said predetermined number of days to said indication of a number of days of said collateral margin record.

5. The method of claim 1, further comprising setting a status for said collateral margin record based on said comparing step.

6. The method of claim 5, further comprising updating said status of said collateral margin record.

7. The method of claim 1, wherein said report includes an indication of an under margin condition associated with said financial instrument.

8. The method of claim 1, further comprising associating the collateral margin representative with a characteristic of at least one collateral margin condition, wherein the characteristic is at least one of a cost center, a lending group or a profit center.

9. The method of claim 1, further comprising requiring a senior credit officer to acknowledge the existence of the collateral margin condition.

10. The method of claim 1, wherein said first dollar predetermined amount is equal to said second predetermined amount.

11. A non-transitory computer-readable medium including instructions for performing a method for analyzing at least one financial instrument associated with a financial institution, said financial instrument having collateral associated therewith, said method comprising the steps of:

receiving, by an electronic computing device, at least one collateral margin record from a collateral data source, wherein said collateral margin record includes information related to at least one collateral margin condition of said financial instrument;

comparing, using the electronic computing device, at least a portion of said collateral margin record to at least one criterion;

excluding the collateral margin record from analysis when the collateral associated with the financial instrument is maintained by an organization which is internal to the financial institution;

generating with a collateral analysis application at least one of a report or a notification based on said step of comparing said collateral margin record to said criterion;

sorting the collateral margin records by an indicia of collateral margin representative;

excluding the collateral margin record from analysis by a collateral margin representative when the collateral margin condition is less than a first predetermined dollar amount, wherein said first predetermined dollar amount is greater than zero;

requiring an acknowledgment by a relationship manager of the existence of the collateral margin record when the collateral margin condition is greater than a second predetermined dollar amount and has existed for less than a predetermined number of days;

requiring an acknowledgment by the relationship manager and an action to be taken by the relationship manager to address the collateral margin condition when the collateral margin condition is greater than said second predetermined dollar amount and the collateral margin condition has existed for at least said predetermined number of days.

12. The medium of claim 11, wherein said portion of said collateral margin record includes the value of said collateral and said criterion includes said first predetermined dollar amount.

13. The medium of claim 11, wherein said portion of said collateral margin record includes an indication of a number of days associated with the existence of said collateral margin record and said criterion includes said predetermined number of days.

14. The medium of claim 13, further comprising instructions for generating said notification based on comparing said predetermined number of days to said indication of a number of days of said collateral margin record.

15. The medium of claim 11, further comprising instructions for setting a status for said collateral margin record based on said comparing step.

16. The medium of claim 15, further comprising instructions for updating said status of said collateral margin record.

17. The medium of claim 11, wherein said report includes an indication of an under margin condition associated with said financial instrument.

18. The medium of claim 11, wherein said first dollar predetermined amount is equal to said second predetermined amount.

19. A computer-implemented system for analyzing at least one financial instrument associated with a financial institution, said financial instrument having collateral associated therewith, said system comprising:

a computer system comprising at least one processor; and

a storage device comprising computer-readable medium in communication with the processor and storing instructions adapted to be executed by the processor to;

receive at least one collateral margin record from a collateral data source, wherein said collateral margin record includes information related to at least one collateral margin condition of said financial instrument;

compare at least a portion of said collateral margin record to at least one criterion;

exclude the collateral margin record from analysis when the collateral associated with the financial instrument is maintained by an organization which is internal to the financial institution;

generate at least one of a report or a notification based on said step of comparing said collateral margin record to said criterion;

sort the collateral margin records by an indicia of collateral margin representative;

exclude the collateral margin record from analysis by a collateral margin representative when the collateral margin condition is less than a first predetermined dollar amount, wherein said first predetermined dollar amount is eater than zero;

require an acknowledgement by a relationship manager of the existence of the collateral margin record when the collateral margin condition is greater than a second predetermined dollar amount and has existed for less than a predetermined number of days;

require an acknowledgement of the existence by the relationship manager of the collateral margin condition and an action to be taken by the relationship manager to address the collateral margin condition when the collateral margin condition is greater than said second predetermined dollar amount and the collateral margin condition has existed for at least said predetermined number of days.

20. The system of claim 19, wherein said portion of said collateral margin record includes the value of said collateral and said criterion includes a predetermined dollar amount.

21. The system of claim 19, wherein said portion of said collateral margin record includes an indication of a number of days associated with the existence of said collateral margin record and said criterion includes a predetermined number of days.

22. The system of claim 19, wherein said report includes an indication of an under margin condition associated with said financial instrument.

23. The system of claim 19, wherein said first dollar predetermined amount is equal to said second predetermined amount.