System and method of investment management including means to adjust deposit and loan accounts for inflation
CAFCFirst Claim
1. An investment system for providing an improved capital structure for an institution comprising:
- means for establishing data representative of at least one deposit account for a term, the deposit account having a deposit principal component and a deposit accrual component, the deposit accrual component having a fixed interest component and a variable interest component; and
an account management data processor for servicing the deposit account over the term, including;
means for determining the rate of inflation;
means for adjusting the amount in the deposit accrual component in a manner responsive to the rate of inflation;
means for retiring the fixed interest component by a first schedule over the term; and
means for paying the deposit principal component according to a second schedule over the term.
0 Assignments
0 Petitions
Reexamination
Accused Products
Abstract
Data processing for novel form of relationship management links, supervises, and balances depositors, marketing agents, financial intermediaries, mortgage brokers, and borrowers in an inflation-adjusted financing program. Funds are deposited in participating financial institutions in return for certificates of deposit yielding a fixed rate of interest, plus principal growth at a yearly rate equal to that year'"'"'s rate of growth in the Consumer Price Index-All Urban Consumers, All Items. Funds on deposit are loaned to borrower, either directly or through brokers, at a rate calculated by adding three components: a fixed debt service rate, a fixed constant interest rate, and an inflation factor interest rate which reflects the effects of inflation on the outstanding loan balance. Organizing company sychronizes entire program by contacting depositors through marketing agent, designating institutions to receive depositors'"'"' funds, contacting borrowers directly or through brokers, and by supplying data processing capabilitites to financial intermediaries for purposes of impletation of the program and for analysis of the effects of the program on the intermediaries'"'"' capital structures.
111 Citations
44 Claims
-
1. An investment system for providing an improved capital structure for an institution comprising:
-
means for establishing data representative of at least one deposit account for a term, the deposit account having a deposit principal component and a deposit accrual component, the deposit accrual component having a fixed interest component and a variable interest component; and an account management data processor for servicing the deposit account over the term, including; means for determining the rate of inflation; means for adjusting the amount in the deposit accrual component in a manner responsive to the rate of inflation; means for retiring the fixed interest component by a first schedule over the term; and means for paying the deposit principal component according to a second schedule over the term. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23)
-
-
24. In combination, in an investment system for managing inflation risk:
-
means for establishing data representative of a deposit account with an institution, the deposit account having a principal component representing the cash investment of a depositor for an account term, and an accrual component comprising a fixed interest component which is enhanced at a fixed interest rate times the principal component and a variable interest component which is enhanced at an index responsive to the rate of inflation times the principal component; and an account management dataprocessor including means for paying the deposit account over the term. - View Dependent Claims (25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35)
-
-
36. A system for managing deposit and loan accounts, comprising:
-
means for establishing data representative of at least one deposit account for a term; means for establishing data representative of at least one loan account for a term, the loan account having a loan principal component and a loan accrual component, the loan accrual component having a fixed interest component and variable and variable interest component; and an account management dataprocessor for servicing the accounts over the term, comprising; means for adjusting the amount in the deposit account in a manner responsive to the rate of inflation; means for paying out the deposit account; means for determining the amount in the loan accrual component in a manner responsive to the rate of inflation; and means for retiring the loan account over the term, including means for retiring the fixed interest component by a first schedule over the term, and means for retiring the loan principal component by a second schedule over the term. - View Dependent Claims (37, 38, 39, 40, 41, 42, 43, 44)
-
Specification