Automated investment alerts from multiple data sources

• US 8,170,942 B2
• Filed: 09/10/2010
• Issued: 05/01/2012
• Est. Priority Date: 02/23/1999
• Status: Expired due to Fees

• Current Assignee: Microsoft Technology Licensing LLC (Microsoft Corporation)
• Original Assignee: Microsoft Corporation
• Inventors: Mead, Jennifer Ruth, Zinda, Eric K., Fisher, Daniel J., Raghavan, Malti, Jubak, James
• Primary Examiner(s): Campen, Kelly
• Application Number:
  US12/879,888
• Publication Number:
  US 20100332414A1
• Time in Patent Office: 599 Days
• Field of Search: 705/35, 705/36.R, 705/36.T, 705/37, 340/825.26, 340/825.27
• US Class Current: 705/36.R
• 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

Abstract

A system and method provides investors with meaningful information extracted from large volumes of available data for a particular stock, mutual fund, bond, or other investment. The system includes one or more computers that receive and process multiple data feeds to extract information relating to each type of investment. The processed data is compared to “alert rules” each corresponding to a predefined condition, and a truth table is established that identifies alerts that are true for each particular investment. An investor logs onto a web site and enters a stock ticker symbol or similar investment identifier. Computer software displays a web page including “alerts” that are presently true for that particular investment. The alerts can be predefined by financial experts to make them useful to novice investors. When an investor selects a particular investment, a display is generated showing all of the alerts that are true for that investment and allowing the user to get more information concerning the significance of the alerts. The alerts can be grouped into different categories according to their content or time sensitivity.

Claims

1. A computer-implemented method of displaying investment information, comprising:

using a computer, causing display of, on a computer display, a user interface configured to enable a user to enter input associated with specifying an investment of interest;

receiving, with the computer, input specifying an investment of interest via the user interface;

generating, with the computer, a request to a remote computer, the request based, at least in part, on the investment of interest specified by the input;

using the computer, retrieving, from the remote computer, a collection of one or more investment alerts that are currently true for the investment of interest specified by the input, wherein the investment alerts are generated from a plurality of data sources that report quantitative and non-quantitative investment information and reflect that certain predefined criteria have been satisfied for the investment of interest, the predefined criteria including criteria created by an entity other than the user; and

using the computer, causing display of the one or more investment alerts on the computer display.

2. The method of claim 1, wherein said retrieving comprises populating a preformatted text message with a quantitative data value extracted from a data source that regularly reports quantitative investment information.

3. The method of claim 1, wherein said causing display of the one or more investment alerts comprises causing display of a plurality of investment alerts grouped into separate categories, wherein at least one of the categories is time-sensitive, wherein alerts in that category expire after a predetermined time period.

4. The method of claim 1, wherein said causing display of the one or more investment alerts comprises causing display of the date on which each of the plurality of investment alerts became true.

5. The method of claim 1, further comprising:

using the computer, associating, on the computer display, one or more hyperlinks with each investment alert and, in response to the user selecting one of the hyperlinks, causing display of additional information concerning the selected investment alert.

6. The method of claim 1, further comprising using the computer, causing display of a table of quantitative investment information and causing display of each alert next to an item in the table of quantitative investment information.

7. The method of claim 1, wherein said retrieving comprises retrieving an investment alert that defines an ordered membership in a set of investments, wherein each member of the set satisfies a previously specified criterion.

8. A computer-implemented method of displaying investment information, comprising:

using a computer, causing display of, on a computer display, a user interface configured to enable a user to enter input associated with specifying an investment of interest;

receiving, with the computer, input specifying an investment of interest via the user interface;

generating, with the computer, a request to a remote computer, the request based, at least in part, on the investment of interest specified by the input;

using the computer, retrieving from the remote computer, a collection of one or more investment alerts that are currently true for the investment of interest specified by the input, wherein the investment alerts are generated from a plurality of data sources that report quantitative and non-quantitative investment information and reflect that certain predefined criteria have been satisfied for the investment of interest, the predefined criteria including criteria created by an entity other than the user; and

using the computer, causing display of at least one of the one or more investment alerts on the computer display as a footnote-type alert on a display of information.

9. The method of claim 8, wherein said retrieving comprises populating a preformatted text message with a quantitative data value extracted from a data source that regularly reports quantitative investment information.

10. The method of claim 8, wherein said causing display of the at least one of the one or more investment alerts further comprises causing display of a plurality of investment alerts grouped into separate categories, wherein at least one of the categories is time-sensitive, wherein alerts in that category expire after a predetermined time period.

11. The method of claim 8, wherein said causing display of the at least one of the one or more investment alerts further comprises causing display of the date on which each of the plurality of investment alerts became true.

12. The method of claim 8, further comprising:

using the computer, associating, on the computer display, one or more hyperlinks with each investment alert and, in response to a user selecting one of the hyperlinks, causing display of additional information concerning the selected investment alert.

13. The method of claim 8, further comprising using the computer, causing display of a table of quantitative investment information and causing display of each alert next to an item in the table of quantitative investment information.

14. The method of claim 8, wherein said retrieving comprises retrieving an investment alert that defines an ordered membership in a set of investments, wherein each member of the set satisfies a previously specified criterion.

15. One or more computer-readable storage media device embodying computer-readable instructions which, when executed, implement a method of displaying investment information, comprising:

specifying on a computer display an investment of interest;

retrieving from a remote computer a collection of one or more investment alerts that are currently true for the investment of interest specified, wherein the investment alerts are generated from a plurality of data sources that report quantitative and non-quantitative investment information and reflect that certain predefined criteria have been satisfied for the investment of interest, the predefined criteria including criteria created by an entity other than a user of a computer associated with the computer display; and

displaying the one or more investment alerts on the computer display.

16. The one or more computer-readable storage media device of claim 15, wherein said retrieving comprises populating a preformatted text message with a quantitative data value extracted from a data source that regularly reports quantitative investment information.

17. The one or more computer-readable storage media device of claim 15, wherein said displaying comprises displaying a plurality of investment alerts grouped into separate categories, wherein at least one of the categories is time-sensitive, wherein alerts in that category expire after a predetermined time period.

18. The one or more computer-readable storage media device of claim 15, wherein said displaying comprises displaying the date on which each of the plurality of investment alerts became true.

19. The one or more computer-readable storage media device of claim 15, wherein the instructions, when executed, implement a method further comprising:

associating on the computer display one or more hyperlinks with each investment alert and, in response to a user selecting one of the hyperlinks, displaying additional information concerning the selected investment alert.

20. The one or more computer-readable storage media device of claim 15, wherein the instructions, when executed, implement a method further comprising:

displaying a table of quantitative investment information and displaying each alert next to an item in the table of quantitative investment information.