System and method for processing partially unstructured data

• US 7,593,876 B2
• Filed: 12/18/2003
• Issued: 09/22/2009
• Est. Priority Date: 10/15/2003
• Status: Active Grant

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: Rao, Srinivasan N.
• Primary Examiner(s): Weisberger; Richard C
• Application Number:
  US10/740,058
• Publication Number:
  US 20050086170A1
• Time in Patent Office: 2,105 Days
• Field of Search: 705 35- 45, 705/2, 705/3
• 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 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis

Abstract

A system and method for processing partially unstructured data relating to a financial security. The system and method resolve first- and second-identifying data from the partially unstructured data and determine whether a security is defined by the first-identifying data and the second-identifying data. Additionally, the system and method resolve trade information relating to the security identifier from the partially unstructured data. If a security is defined by the resolved identifying data, a security identifier representing the defined security, along with the trade information relating to the defined security, are output.

Claims

1. A system for processing non-structured text data relating to a financial security, the system comprising:

an input device programmed for receiving the non-structured text data; and

A processing device programmed for performing actions comprising;

(a) identifying, on a data item by data item basis, first-identifying data from the non-structured text data wherein the first-identifying data represents a ticker;

(b) identifying, on a data item by data item basis, second-identifying data from the non-structured text data, wherein the second-identifying data represents a coupon or a maturity; and

(c) determining whether a security is defined by the first-identifying data and the second-identifying data when the second-identifying data is of a predetermined type, wherein the predetermined type is a maturity.

2. A system for processing non-structured text data relating to a financial security, the system comprising:

an input device for receiving the non-structured text data; and

a processing device for performing actions comprising;

identifying, on a data item by data item basis, first-identifying data from the non-structured text data, wherein the first-identifying data represents a ticker;

identifying, on a data item by data item basis, second-identifying data from the non-structured text data, wherein the second-identifying data represents a coupon or a maturity; and

determining whether a security is defined by the first-identifying data and the second-identifying data when the second-identifying data is of a predetermined type, wherein the predetermined type is a maturity

identifying, on a data item by data item basis, third-identifying data from the non-structured text data, wherein the third-identifying data represents a coupon if the second-identifying data represents a maturity;

wherein the third-identifying data represents a maturity if the second-identifying data represents a coupon; and

determining whether a security is defined by the first-identifying data, the second-identifying data, and the third-identifying data.

3. The system of claim 2, wherein the processing device performs actions further comprising:

identifying trade information from the non-structured text data.

4. The system of claim 3, further comprising:

a storage device; and

an output device,

wherein the processing device performs actions further comprising;

storing in the storage device a security identifier representing a security determined to be defined by (a) the first-identifying data and the second-identifying data or (b) the first-identifying data, the second-identifying data, and the third-identifying data; and

outputting, via the output device, the security identifier and the trade information.

5. The system of claim 2,

wherein said processing device determines whether a security is defined by the first-identifying data and the second-identifying data by determining whether a security is unambiguously defined by the first-identifying data and the second-identifying data, and

wherein said processing device determines whether a security is defined by the first-identifying data, the second-identifying data, and the third-identifying data by determining whether a security is unambiguously defined by the first-identifying data, the second-identifying data, and the third-identifying data.

6. The system of claim 3, further comprising:

a storage device,

wherein the processing device performs actions further comprising;

storing the first-identifying data in a context in the storage device;

storing the second-identifying data in the context in the storage device;

storing the third-identifying data in the context in the storage device; and

storing the trade information in the context in the storage device.