FINANCIAL INSTITUTION PORTAL SYSTEM AND METHOD

• US 20060089894A1
• Filed: 10/04/2005
• Published: 04/27/2006
• Est. Priority Date: 10/04/2004
• Status: Active Grant

• Current Assignee: Standard Chartered UK Holdings Limited (Standard Chartered PLC)
• Original Assignee: American Express Travel Related Services Company, Inc. (American Express Company)
• Inventors: Nicol, Jennifer E., Balk, Michael A., Cejudo Bruno, Daniel A
• Granted Patent: US 7,593,892 B2
• Time in Patent Office: Days
• 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 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof

Abstract

Systems and methods utilizing a portal on a single computer platform for improving risk assessment and business reporting are disclosed. The portal integrates at least two financial information resources such as, for example, an electronic credit report (eCR) database, an electronic know your customer (eKYC) database, a client business management information system, and a customer profitability system large area network. The eCR database includes a link to an exposure database, a credit rating database, and/or an intelligence database. The eKYC database includes an anti-money laundering scoring module, and/or a standard KYC form or an enhanced KYC form.

Claims

1. A portal system configured to integrate financial information resources, comprising:

an application server including a portal, wherein said portal comprises a link to at least two of an electronic credit report (eCR) database, an electronic know your customer (eKYC) database, a client business management information system (CBMIS), and a customer profitability system large area network (CPS LAN); and

,

a web server coupled to said application server to facilitate access to said portal system for a plurality of users.

2. The portal system of claim 1, wherein said portal comprises a link to each of said eCR database, said eKYC database, said CRMIS, and said CPS LAN.

3. The portal system of claim 1, wherein said application server comprises said eCR database, wherein said eCR database comprises a link to at least one of an exposure database, a credit rating database, and an intelligence database.

4. The portal system of claim 1, wherein said application server comprises said eCR database and said eKYC, and wherein said eCR database comprises a link to at least one of an exposure database, a credit rating database, and an intelligence database.

5. The portal system of claim 1, wherein said portal comprises a link to said eCR database and a portal to said eKYC database, wherein said eKYC database comprises an anti money laundering scoring module and at least one of a standard KYC form and an enhanced KYC form.

6. The portal system of claim 1, wherein said portal comprises a first link to said eCR database and a second link to said eKYC database, wherein:

said eCR database comprises a third link to at least one of an exposure database, a credit rating database, and an intelligence database, and

said KYC database comprises an anti money laundering scoring module and at least one of a standard KYC form and an enhanced KYC form.

7. The portal system of claim 1, wherein said portal comprises a first link to said eCR database and a second link to said eKYC database, wherein:

said eCR database comprises a third link to at least one of an exposure database, a credit rating database, and an intelligence database, and

said KYC database comprises an anti-money laundering (AML) scoring module and at least one of a standard KYC form and an enhanced KYC form, wherein said AML scoring module is configured to calculate an AML score based upon at least one user input and produce a risk classification.

8. The portal system of claim 1, wherein said portal comprises a first link to said eCR database and a second link to said eKYC database, wherein:

said eCR database comprises a third link to at least one of an exposure database, a credit rating database, and an intelligence database, and

said KYC database comprises an anti-money laundering (AML) scoring module and at least one of a standard KYC form and an enhanced KYC form, wherein said AML scoring module is configured to calculate an AML score based upon at least one user input and produce a risk classification, wherein said risk classification comprises a high, high-medium, medium, medium-low, and low classification.

9. The portal system of claim 1, wherein said portal system facilitates access to substantially the same information by said plurality of users.

10. The portal system of claim 1, wherein said portal system facilitates access to substantially the same information by said plurality of users, and said information is stored in at least one customer file on said application server.

11. The portal system of claim 1, wherein said portal system facilitates access to substantially the same information by said plurality of users, and said information facilitates at least one of credit approval and KYC approval.

12. The portal system of claim 1, wherein said portal system facilitates access to substantially the same information by said plurality of users, and said information facilitates KYC approval, wherein said KYC approval comprises approval from at least one manager from within said plurality of users.

14. The computer-implemented method of claim 12, further comprising said steps of:

providing access, via said portal, to said financial information resources associated with said customer to said second user;

receiving, by said computer, further information associated with said customer from said second user; and

storing, by said computer, said further information in said file.

15. The computer-implemented method of claim 12, further comprising said steps of:

providing access, via said portal, to said financial information resources associated with said customer to said second user;

receiving, by said computer, further information associated with said customer from said second user;

storing, by said computer, said further information in said file; and

forwarding said file storing said information and said further information to a third user.

13. A computer-implemented method for facilitating improved risk assessment and business reporting comprising said steps of:

opening a file for a first user on a computing device;

providing access, via a portal on a platform of said computer, to financial information resources regarding a customer to a first user, wherein said financial information resources comprise at least two of an electronic credit report (eCR) database, a electronic know your customer (eKYC) database, a client business management information system (CBMIS), and a customer profitability system large area network (CPS LAN);

receiving, by said computer, information relating to said customer from said first user, wherein said information is gathered from said financial information resources;

storing, by said computer, said information in said file; and

forwarding said file to a second user.

16. A machine-readable medium having stored thereon a plurality of instructions, said plurality of instructions when executed by a processor, cause said processor to perform a method comprising said step of:

opening a file for a first user on a computing device;

providing access, via a portal on a platform of said computer, to financial information resources regarding a customer to a first user, wherein said financial information resources comprise at least two of an electronic credit report (eCR) database, a electronic know your customer (eKYC) database, a client business management information system (CBMIS), and a customer profitability system large area network (CPS LAN);

receiving, by said computer, information relating to said customer from said first user, wherein said information is gathered from said financial information resources;

storing, by said computer, said information in said file; and

forwarding said file to a second user.