Virtual resource control and distribution

• US 10,579,440 B2
• Filed: 11/07/2017
• Issued: 03/03/2020
• Est. Priority Date: 11/07/2017
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Reed, Alfred James, Wu, Huihui
• Primary Examiner(s): Kendall, Chuck O
• Application Number:
  US15/805,840
• Publication Number:
  US 20190138363A1
• Time in Patent Office: 847 Days
• Field of Search: 717148
• CPC Class Codes: G06F 9/5027 the resource being a machine, e.g. CPUs, Servers, Terminals
• CPC Class Codes: G06F 9/5077 Logical partitioning of resources; Management or configuration of virtualized resources specific details on emulation or internal functioning of virtual machines G06F9/455

Abstract

A virtual resource control and distribution system is provided that utilizes virtual resource pools coupled to authentic resource pools in order to reduce processing capacity requirements, memory requirements, and processing time. In particular, the present invention utilizes a reduced number of authentic resource pools, such as one single authentic resource pool, that is coupled to one or more virtual resource pools. The virtual resource pools may be utilized to enter into interactions. However, when interactions are entered, the virtual resource pools may be adjusted based on the resources associated with the interaction without actually having any resources associated with the virtual resource pools. As such, the virtual resource pools may illustrate a change in virtual resources in the virtual resource pool, but the authentic resource pool to which the virtual resource pool is associated, will be utilized for distributing the resources and processing the interactions.

Claims

1. A virtual resource pool system for control and distribution of resources, the resource pool system comprising:

one or more memory components storing computer-readable program code; and

one or more processing components operatively coupled to the one or more memory components, wherein the one or more processing components are configured to execute the computer-readable program code to;

receive interaction indications for interactions between a client and one or more third-party entities that include a transfer of the resources, wherein the interaction indications include resource pools utilized for the interactions, wherein the interaction indications are received from client systems or third party systems, wherein the interactions are transactions, the resources are funds, the resource pools are accounts used to enter into the interactions with the funds, and the interaction indications include transaction information for the transactions;

determine the resource pools that are virtual resource pools, wherein the determination is made by comparing resource pool identifiers received from the interaction indications with stored virtual resource pool identifiers, wherein the virtual resource pools comprise virtual accounts with virtual funds;

determine one or more authentic resource pools associated with the virtual resource pools when any of the resource pools are determined to be the virtual resource pools, wherein the authentic resource pools comprise authentic accounts with the funds;

apply an accounting of the resources for each of the interactions to each of the virtual resource pools; and

distribute the resources for each of the interactions using the one or more authentic resource pools associated with the virtual resource pools.

2. The system of claim 1, wherein the one or more processing components are configured to execute the computer-readable program code to:

establish the one or more authentic resource pools;

establish the virtual resource pools;

couple the virtual resource pools to the one or more authentic resource pools; and

store the coupling of the one or more authentic resource pools and the virtual resource pools in a resource pool database.

3. The system of claim 2, wherein the one or more processing components are further configured to execute the computer-readable program code to:

receive one or more configurations for the virtual resource pools; and

wherein applying the accounting of the resources for each of the interactions to each of the virtual resource pools, and distributing the resources for each of the interactions using the one or more authentic resource pools is further based on the one or more configurations associated with the virtual resource pools.

4. The system of claim 3, wherein the one or more configurations comprises at least a resource type associated with the virtual resource pools, and wherein the resources are converted based on the resource type before distributing the resources using the one or more authentic resource pools.

5. The system of claim 2, wherein establishing the one or more authentic resource pools comprises creating new authentic resource pools or identifying the resource pools through which the resources are actually stored, added to, and removed from.

6. The system of claim 2, wherein establishing the virtual resource pools comprises creating new virtual resource pools or identifying the resource pools through which the resources are accounted for virtually.

7. The system of claim 2, wherein coupling the virtual resource pools to the one or more authentic resource pools comprises assigning virtual resource pool identifiers of the virtual resource pools to an authentic resource pool identifier of the one or more authentic resource pools.

8. The system of claim 1, wherein the one or more processing components are configured to execute the computer-readable program code to:

receive an activation indication for at least one of the virtual resource pools; and

activate the at least one of the virtual resource pools, wherein after activation the at least one of the virtual resource pools may be utilized for the interactions.

9. The system of claim 1, wherein the one or more processing components are configured to execute the computer-readable program code to:

receive a deactivation indication for at least one of the virtual resource pools; and

deactivate the at least one of the virtual resource pools, wherein after deactivation the at least one of the virtual resource pools may not be used for the interactions.

10. The system of claim 1, wherein the one or more processing components are configured to execute the computer-readable program code to:

receive a configuration edit indication of at least one of the virtual resource pools; and

edit the configuration of the at least one of the virtual resource pools.

11. A method of using virtual resource pool system for control and distribution of resources, the method comprising:

receiving, by one or more processing components, interaction indications for interactions between a client and one or more third-party entities that include a transfer of the resources, wherein the interaction indications include resource pools utilized for the interactions, wherein the interaction indications are received from client systems or third party systems, wherein the interactions are transactions, the resources are funds, the resource pools are accounts used to enter into the interactions with the funds, and the interaction indications include transaction information for the transactions;

determining, by the one or more processing components, the resource pools that are virtual resource pools, wherein the determination is made by comparing resource pool identifiers received from the interaction indications with stored virtual resource pool identifiers, wherein the virtual resource pools comprise virtual accounts with virtual funds;

determining, by the one or more processing components, one or more authentic resource pools associated with the virtual resource pools when any of the resource pools are determined to be the virtual resource pools, wherein the authentic resource pools comprise authentic accounts with the funds;

applying, by the one or more processing components, an accounting of the resources for each of the interactions to each of the virtual resource pools; and

distributing, by the one or more processing components, the resources for each of the interactions using the one or more authentic resource pools associated with the virtual resource pools.

12. The method of claim 11, further comprising:

establishing, by the one or more processing components, the one or more authentic resource pools;

establishing, by the one or more processing components, the virtual resource pools;

coupling, by the one or more processing components, the virtual resource pools to the one or more authentic resource pools; and

storing, by the one or more processing components, the coupling of the one or more authentic resource pools and the virtual resource pools in a resource pool database.

13. The method of claim 12, further comprising:

receiving, by the one or more processing components, one or more configurations for the virtual resource pools; and

wherein applying the accounting of the resources for each of the interactions to each of the virtual resource pools, and distributing the resources for each of the interactions using the one or more authentic resource pools is further based on the one or more configurations associated with the virtual resource pools.

14. The method of claim 13, wherein the one or more configurations comprises at least a resource type associated with the virtual resource pools, and wherein the resources are converted based on the resource type before distributing the resources using the one or more authentic resource pools.

15. The method of claim 12, wherein establishing the one or more authentic resource pools comprises creating new authentic resource pools or identifying the resource pools through which the resources are actually stored, added to, and removed from.

16. The method of claim 12, wherein establishing the virtual resource pools comprises creating new virtual resource pools or identifying the resource pools through which the resource are accounted for virtually.

17. The method of claim 12, wherein coupling the virtual resource pools to the one or more authentic resource pools comprises assigning virtual resource pool identifiers of the virtual resource pools to an authentic resource pool identifier of the one or more authentic resource pools.

18. The method of claim 11, further comprising:

receiving, by the one or more processing components, an activation indication for at least one of the virtual resource pools, and activating, by the one or more processing components, the at least one of the virtual resource pools, wherein after the activation the at least one of the virtual resource pools may be utilized for the interactions;

receiving, by the one or more processing components, a deactivation indication for at least one of the virtual resource pools, and deactivating, by the one or more processing components, the at least one of the virtual resource pools, wherein after the deactivation the at least one of the virtual resource pools may not be used for the interactions;

or

receiving, by the one or more processing components, a configuration edit indication of at least one of the virtual resource pools, and editing, by the one or more processing components, the configuration of the at least one of the virtual resource pools.

19. A computer program product for using a virtual resource pool system for control and distribution of resources, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

an executable portion configured to receive interaction indications for interactions between a client and one or more third-party entities that include a transfer of the resources, wherein the interaction indications include resource pools utilized for the interactions, wherein the interaction indications are received from client systems or third party systems, wherein the interactions are transactions, the resources are funds, the resource pools are accounts used to enter into the interactions with the funds, and the interaction indications include transaction information for the transactions;

an executable portion configured to determine the resource pools that are virtual resource pools, wherein the determination is made by comparing resource pool identifiers received from the interaction indications with stored virtual resource pool identifiers, wherein the virtual resource pools comprise virtual accounts with virtual funds;

an executable portion configured to determine one or more authentic resource pools associated with the virtual resource pools when any of the resource pools are determined to be the virtual resource pools, wherein the authentic resource pools comprise authentic accounts with the funds;

an executable portion configured to apply an accounting of resources for each of the interactions to each of the virtual resource pools; and

an executable portion configured to distribute the resources for each of the interactions using the one or more authentic resource pools associated with the virtual resource pools.

20. The computer program product of claim 19, wherein the computer-readable program code portions further comprise:

an executable portion configured to establish the one or more authentic resource pools;

an executable portion configured to establish the virtual resource pools;

an executable portion configured to couple the virtual resource pools to the one or more authentic resource pools; and

an executable portion configured to store the coupling of the one or more authentic resource pools and the virtual resource pools in a resource pool database.