Distributed commerce system

• US 8,359,251 B2
• Filed: 02/08/2008
• Issued: 01/22/2013
• Est. Priority Date: 10/25/2000
• Status: Active Grant

• Current Assignee: Refinitiv US Organization, LLC (Refinitiv US Holdings, Inc.)
• Original Assignee: Thomson Financial LLC (Refinitiv US Holdings, Inc.)
• Inventors: Lamoureux, Bob, Jaminet, Paul, Shea, Edward, Kopikis, Alexis, Constantine, John B., Kuntz, Matthew, Bremner, Todd, Moochhala, Zenobia
• Primary Examiner(s): Zeender, F.
• Assistant Examiner(s): BUCHANAN, CHRISTOPHER R
• Application Number:
  US12/028,551
• Publication Number:
  US 20080133643A1
• Time in Patent Office: 1,810 Days
• Field of Search: None
• US Class Current: 705/34
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 30/04 Billing or invoicing
• CPC Class Codes: G06Q 40/12 Accounting
• CPC Class Codes: G06Q 50/265 Personal security, identity or safety

Abstract

A networked system for managing commercial interactions is providing. In some embodiments, the system includes: a bundle-passing interface between a plurality of networked users including distribution logic including a distribution control input responsive to machine-readable information in the bundles; and a statistics collection engine including a control input responsive to machine-readable information in the bundles.

Claims

1. A networked computer system for managing commercial interactions, comprising:

a computer system having;

a bundle-passing interface implemented by the computer system transmitting data bundles from different ones of a first plurality of different networked users to different ones of a second plurality of different networked users, wherein the bundles comprise meta data including a plurality of business language definitions, wherein the business language definitions comprise at least one keyword having at least one value, and wherein the interface comprises distribution logic to electronically transmit the bundles responsive to the meta data in the bundles; and

a statistics collection engine implemented by the computer system, monitoring the transmission from the first plurality of different networked users to the second plurality of different networked users, monitoring at least one response from the second plurality of different networked users, and collecting usage statistics whenever the bundles are created, modified, or downloaded, based on the at least one keyword and the at least one value of the business language definition descriptors.

2. The system of claim 1, further comprising a statistics processing engine implemented by the computer system, converting the traffic statistics into billing amounts.

3. The system of claim 2, wherein the statistics processing engine converts traffic to different destinations to different billing amounts.

4. The system of claim 2, wherein statistics processing engine converts traffic to billing amounts for events requested by programmed bundle processing logic.

5. The system of claim 1, wherein the statistics collection engine derives statistics about the presentation of offer bundles and acceptance rates for these offer bundles.

6. The system of claim 1, wherein the statistics collection engine derives statistics about the types of bundles transferred and information profiles for users involved in the transfers.

7. The system of claim 1, further comprising a statistics transfer engine implemented by the computer system, transferring the statistics to buy-side users.

8. The system of claim 1, wherein the bundles transmitted include a data element reference and meta data describing the data element, and wherein each data element remains resident on a node of a data owner in a network.

9. The system of claim 1, wherein the statistics collection engine derives statistics about transfers between pairs of users that are authorized to communicate with each other, but where communication of predetermined information between the pairs is not permitted.

10. The system of claim 1, wherein the statistics collection engine derives at least one of real-time statistics and historical statistics.

11. The system of claim 1, wherein the business language definitions comprise at least one of ticker, sector, region, country, author, firm, and bundle type.

12. The system of claim 1, wherein the statistics comprise at least one of activity statistics that provide information about numbers of transactions that take place in the system, publication statistics that provide information about amounts of use of the system, and coverage gap statistics that provide information comparing service levels between firms.

13. The system of claim 1, wherein the bundles transmitted include a data element reference and meta data describing the data element, wherein each data element remains resident on a node of a data owner in a network, and wherein the statistics collection engine derives statistics about transfers between pairs of users that are authorized to communicate with each other, but where communication of predetermined information between the pairs is not permitted.

14. The system of claim 1, wherein each bundle comprises a data element, a data element reference and meta data describing the data element, wherein each data element remains resident on a node associated with a data owner in the network;

wherein there is a plurality of versions of at least one of the bundles and wherein each of the plurality of versions is identified by a bundle version identifying signal; and

wherein the interface comprises distribution logic to issue periodically bundle version identifying signals to the different nodes of the network indicating changes to the data elements and distribute copies of the data elements in the bundles from the network node of their respective data owners to the network nodes of accessors, following selection of the data elements by the accessors using the meta data and the data element reference distributed through the network.

15. A networked computer system for managing commercial interactions, comprising:

means for distributing information bundles from different ones of a first plurality of different networked users to different ones of a second plurality of different networked users according to meta data in the bundles that includes a plurality of business language definitions, wherein the business language definitions comprise at least one keyword having at least one value; and

means for monitoring the distribution from the first plurality of different networked users to the second plurality of different networked users, monitoring at least one response from the second plurality of different networked users, and deriving usage statistics whenever the bundles are created, modified, or downloaded, based on at least one of use of the at least one keyword of the business language definitions, use of the at least one values for the business language definitions, and behavior of users in response to the bundles containing the at least one keyword and the at least one value of the business language definitions.

16. The system of claim 15, further comprising means for converting the traffic statistics into billing amounts.

17. The system of claim 16, wherein the means for converting converts traffic to different destinations to different billing amounts.

18. The system of claim 16, wherein the means for converting converts traffic to billing amounts for events requested by programmed bundle processing logic.

19. The system of claim 15, wherein the means for deriving derives statistics about the presentation of offer bundles and acceptance rates for these offer bundles.

20. The system of claim 15, wherein the means for deriving derives statistics about the types of bundles transferred and information profiles for users involved in the transfers.

21. The system of claim 15, further comprising means for transferring the statistics to buy-side users.

22. The system of claim 15, wherein the bundles distributed include a data element reference and meta data describing the data element, and wherein each data element remains resident on a node of a data owner in a network.

23. The system of claim 15, wherein the means for deriving derives statistics about transfers between pairs of users that are authorized to communicate with each other, but where communication of predetermined information between the pairs is not permitted.

24. The system of claim 15, wherein the means for deriving derives at least one of real-time statistics and historical statistics.

25. The system of claim 15, wherein the business language definitions comprise at least one of ticker, sector, region, country, author, firm, and bundle type.

26. The system of claim 15, wherein the statistics comprise at least one of activity statistics that provide information about numbers of transactions that take place in the system, publication statistics that provide information about amounts of use of the system, and coverage gap statistics that provide information comparing service levels between firms.

27. The system of claim 15, wherein the bundles distributed include a data element reference and meta data describing the data element, wherein each data element remains resident on a node of a data owner in a network, and wherein the means for deriving derives statistics about transfers between pairs of users that are authorized to communicate with each other, but where communication of predetermined information between the pairs is not permitted.

28. The system of claim 15, wherein each bundle comprises a data element, a data element reference and meta data describing the data element, wherein each data element remains resident on a node associated with a data owner in the network;

wherein there is a plurality of versions of at least one of the bundles and wherein each of the plurality of versions is identified by a bundle version identifying signal; and

wherein the means for distributing comprises distribution logic to issue periodically bundle version identifying signals to the different nodes of the network indicating changes to the data elements and distribute copies of the data elements in the bundles from the network node of their respective data owners to the network nodes of accessors, following selection of the data elements by the accessors using the meta data and the data element reference distributed through the network.

29. A networked computer system for managing commercial interactions, comprising:

a computer system having;

a bundle-passing interface implemented by the computer system transmitting data bundles between a plurality of networked users, wherein the bundles comprise meta data including a plurality of business language definitions comprising keywords and values, and wherein the interface comprises distribution logic to electronically transmit the bundles responsive to the meta data in the bundles;

a statistics collection engine implemented by the computer system, tracking bundle activity via the passing of the meta data through inbound and outbound bundle services detecting when the users publish bundles and when the users request bundles and collecting usage statistics whenever the bundles are created, modified, or downloaded, based the keywords and the values of the business language definitions; and

a statistics database aggregating the statistics and electronically transmitting the statistics to billing systems for billing.

30. The system of claim 29, wherein the bundles transmitted include a data element reference and meta data describing the data element, wherein each data element remains resident on a node of a data owner in a network, and wherein the statistics collection engine derives statistics about transfers between pairs of users that are authorized to communicate with each other, but where communication of predetermined information between the pairs is not permitted.

31. The system of claim 29, wherein each bundle comprises a data element, a data element reference and meta data describing the data element, wherein each data element remains resident on a node associated with a data owner in the network;

wherein there is a plurality of versions of at least one of the bundles and wherein each of the plurality of versions is identified by a bundle version identifying signal; and

wherein the interface comprises distribution logic to issue periodically bundle version identifying signals to the different nodes of the network indicating changes to the data elements and distribute copies of the data elements in the bundles from the network node of their respective data owners to the network nodes of accessors, following selection of the data elements by the accessors using the meta data and the data element reference distributed through the network.