Method and system for facilitating a context-based electronic communication regarding a financial transaction

• US 8,458,077 B2
• Filed: 08/11/2009
• Issued: 06/04/2013
• Est. Priority Date: 08/11/2009
• Status: Active Grant

• Current Assignee: Citadel Enterprise IP
• Original Assignee: KCG IP HOLDINGS LLC
• Inventors: Griffin, Kenneth C., Miglis, Tom
• Primary Examiner(s): Shaawat, Mussa A
• Application Number:
  US12/539,440
• Publication Number:
  US 20110040661A1
• Time in Patent Office: 1,393 Days
• Field of Search: None
• US Class Current: 705/37
• CPC Class Codes: G06Q 10/107 Computer-aided management of electronic mailing [e-mailing]
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/12 Accounting

Abstract

Method and system providing context-based electronic communication regarding a financial transaction. One system includes a database configured to store data pertaining to a financial transaction involving an investment fund. The system further includes a display application configured to create a display for displaying the financial transaction and one or more transaction parameters. The transaction parameters are based on data pertaining to the financial transaction stored in the database. The system further includes a communication application configured to create a communication interface. The communication interface enables a first user to initiate a communication with a second user regarding the financial transaction. The communication interface further automatically embeds at least a portion of the transaction parameters in the communication displayed to the second user.

Claims

1. A computer communication system operatively coupled to a plurality of data sources, each of which collects or generates financial data pertaining to a financial transaction, the computer communication system comprising:

a database configured to store data pertaining to a trade of a particular asset between an investment fund and a counterparty, the data collected or generated by a plurality of data sources;

a display application stored on a computer readable memory and configured to execute on a processor to create a display for displaying (i) one or more trade parameters corresponding to the trade, wherein the one or more trade parameters are based on data pertaining to the trade stored in the database, and (ii) a user-selectable communication item corresponding to the trade; and

a communication application stored on a computer readable memory and configured to execute on a processor to create a communication interface, wherein the communication interface

enables a first user to initiate a communication with a second user regarding the trade in response to a selection by the first user of the user-selectable communication item corresponding to the trade, wherein the communication is an e-mail communication or an instant messaging communication, and

automatically embeds at least a portion of the one or more trade parameters in the communication displayed to the second user.

2. The computer communication system of claim 1, wherein the communication is an instant messaging communication, and wherein the communication interface enables the first user to initiate the instant messaging communication with the second user via a first instant messaging window.

3. The computer communication system of claim 2, wherein the instant messaging communication is displayed to the second user via a second instant messaging communication window.

4. The computer communication system of claim 3, wherein the communication interface embeds at least some of the one or more trade parameters in the communication displayed to the second user by embedding at least some of the one or more trade parameters in the second instant messaging window.

5. The computer communication system of claim 1, wherein the one or more trade parameters include one or more parameters selected from a group consisting of status of the trade, type of the trade, quantity of the particular asset, type of the particular asset, price of the particular asset, and the counterparty.

6. The computer communication system of claim 1, wherein the second user is an account manager for the investment fund.

7. The computer communication system of claim 1, wherein the communication interface further embeds in the communication a link to the data in the database pertaining to the trade.

8. The computer communication system of claim 1, wherein the communication application further saves the communication in the database and associates the communication with the trade.

9. The computer communication system of claim 1, wherein the communication is an e-mail communication.

19. The computer communication system of claim 1, wherein the user-selectable communication item corresponding to the trade includes a menu item of a menu displayed along with the one or more trade parameters.

10. A method of setting up a computer communication regarding a financial transaction for use in an investment fund data integration system operatively coupled to a plurality of data sources, each of which collects or generates financial data pertaining to the financial transaction, the data integration system comprising a database coupled to the plurality of data sources, a display application, and a communication application, the method comprising:

receiving from the plurality of electronic data sources financial data pertaining to a trade of a particular asset between an investment fund and a counterparty;

storing the received data in the database coupled to the plurality of data sources;

displaying (i) one or more trade parameters corresponding to the trade, and (ii) a user-selectable communication item corresponding to the trade, via a processor executing the display application, wherein the display application is stored on a computer readable memory, and wherein the one or more trade parameters are based on data pertaining to the trade stored in the database;

receiving, via the processor executing the communication application, a request from the first user to initiate a communication with a second user regarding the selected trade, wherein the request from the first user corresponds to a selection by the first user of the user-selectable communication item corresponding to the trade;

initiating, via the processor executing the communication application and in response to receiving the request from the first user, the communication between the first user and the second user regarding the selected trade, wherein the communication is an e-mail communication or an instant messaging communication; and

automatically embedding, via the processor executing the communication application, at least a portion of the one or more trade parameters in the communication displayed to the second user.

11. The method of claim 10, wherein the communication is an instant messaging communication, and wherein initiating the communication between the first user and the second user regarding the trade includes initiating an instant messaging communication with the second user via a first instant messaging window.

12. The method of claim 11, wherein the instant messaging communication is displayed to the second user via a second instant messaging communication window.

13. The method of claim 12, wherein automatically embedding at least a portion of the one or more trade parameters in the communication further includes automatically embedding at least a portion of the plurality of one or more trade parameters in the second instant messaging window.

14. The method of claim 10, wherein the one or more trade parameters include one or more parameters selected from a group consisting of status of the trade, type of the trade, quantity of the particular asset, type of the particular asset, price of the particular asset, and the counterparty.

15. The method of claim 10, wherein the second user is an account manager for the investment fund.

16. The method of claim 10, wherein automatically embedding at least a portion of the one or more trade parameters in the communication includes automatically embedding in the communication a link to the data in the database pertaining to the trade.

17. The method of claim 10, further comprising saving the communication in the database and associating the communication with the trade.

18. The method of claim 10, wherein the communication is an e-mail communication.

20. The method of claim 10, wherein the user-selectable communication item corresponding to the trade includes a menu item of a menu displayed along with the one or more trade parameters.