Portfolio synchronizing between different interfaces

• US 7,991,673 B2
• Filed: 11/18/2009
• Issued: 08/02/2011
• Est. Priority Date: 12/08/1998
• Status: Expired due to Fees

• Current Assignee: Yodlee Incorporated (Envestnet Incorporated)
• Original Assignee: Yodlee.com, Inc. (Envestnet Incorporated)
• Inventors: Scott, Jennifer Green, Kumar, Srihari, Kelley, John, Desai, Satyen, Pandurangan, Senthil Kumar, Hayward, Blake Earl
• Primary Examiner(s): Havan; Thu Thao
• Application Number:
  US12/621,225
• Publication Number:
  US 20100185556A1
• Time in Patent Office: 622 Days
• Field of Search: 705 36 R- 37
• US Class Current: 705/36.00R
• CPC Class Codes: G06F 16/9535 Search customisation based on user profiles and personalisation
• CPC Class Codes: G06F 16/957 Browsing optimisation, e.g. caching or content distillation
• CPC Class Codes: G06F 16/958 Organisation or management of web site content, e.g. publishing, maintaining pages or automatic linking
• CPC Class Codes: G06F 21/41 where a single sign-on provides access to a plurality of computers
• CPC Class Codes: G06F 2221/2119 Authenticating web pages, e.g. with suspicious links
• CPC Class Codes: G06Q 20/10 specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
• CPC Class Codes: G06Q 20/108 Remote banking, e.g. home banking
• 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
• CPC Class Codes: H04L 67/02 based on web technology, e.g. hypertext transfer protocol [HTTP]
• CPC Class Codes: H04L 67/56 Provisioning of proxy services store-and-forward switching systems in data switching networks H04L12/54
• CPC Class Codes: H04L 67/567 Integrating service provisioning from a plurality of service providers

Abstract

A system for updating parameters of financial transactions associated with financial services initiated and completed on behalf of or directly by a user through access to a data-packet-network into more than one electronic interface accessible to the user is provided. The system comprises, a main electronic interface supported by back-end software, the main interface for registering all user accounts into at least one portfolio group, the accounts accessible in detail through the main interface, at least one cobranded electronic interface supported by back-end software, the cobranded interface mirroring the accounts registered in the main electronic interface and a plurality of institution-specific electronic interfaces for providing direct account registration, reporting, and maintenance specific to accounts provided by the associated institutions. Through direct linking between the main, cobranded, and institution-specific interfaces, any parameters associated with any action initiated to a specific account through any of the interfaces is immediately propagated to the other interfaces.

Claims

1. A system for coordinating changes in financial accounts, comprising:

a first electronic interactive interface accessible by the user registering a plurality of accounts belonging to a single specific user into one portfolio group for that user;

a second electronic interactive interface accessible by the user and mirroring the accounts of the portfolio group; and

a plurality of institution-specific electronic interactive interfaces accessible by the user and providing direct account registration for the user, reporting, and maintenance specific to accounts specific to each institution;

wherein, through direct linking between the first, the-second, and the institution specific interfaces, changes made to any account through any of the interfaces is immediately propagated to the other interfaces and displayed when the user accesses the other interfaces.

2. The system of claim 1, wherein the data-packet-network is the Internet network.

3. The system of claim 2, wherein the interactive electronic interfaces are HTML interfaces served by file servers operating on the Internet.

4. The system of claim 1, wherein cross-linking between the interfaces is accomplished through hyperlinking data within the respective interfaces.

5. The system of claim 1 wherein one or more of the institution-specific interfaces is adapted as a cobranded interface.

6. The system of claim 1, wherein at least one of the interfaces is accessible through a wireless communications device connected to the network.

7. The system of claim 1 wherein linking between the interfaces is through embedded function.

8. A method for updating interactive electronic interfaces relative to accounts in a portfolio comprising steps of:

(a) providing a plurality of interactive electronic interfaces accessible by a user associated with the accounts in the portfolio, each interface enabled to access the accounts;

(b) connecting to the network and accessing one of the interfaces by the user;

(c) making a change by the user in an account through the accessed interface;

(d) propagating the change to the other interfaces in the plurality of interfaces; and

(e) displaying the change in step (d) when the other interfaces are accessed by the user.

9. The method of claim 8, wherein the data-packet-network is the Internet network.

10. The method of claim 8 wherein in step (a) the electronic interfaces are HTML interfaces accessible from the Internet.

11. The method of claim 8 wherein in step (d), the parameters are propagated automatically through embedded function during an interactive session.