Institutional provided data share platform

• US 8,548,930 B2
• Filed: 11/30/2012
• Issued: 10/01/2013
• Est. Priority Date: 02/18/2011
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Ross, Erik Stephen
• Primary Examiner(s): Hayes, John
• Assistant Examiner(s): CHEN, GEORGE YUNG CHIEH
• Application Number:
  US13/690,357
• Publication Number:
  US 20130090982A1
• Time in Patent Office: 305 Days
• Field of Search: 705/1.1, 705/325, 705400-412, 705 711- 735
• US Class Current: 705/325
• CPC Class Codes: G06Q 30/00 Commerce
• CPC Class Codes: G06Q 30/0201 Market modelling; Market analysis; Collecting market data
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

Embodiments of the invention are directed to a system, method, or computer program product for an institution provided data share platform. The institution provided data share platform allows customers and commercial partners to access data the institution may have. Specific platform data access may be limited and/or monitored by the institution to ensure customer safety and privacy compliance. Allowing access to the institution data provides a customer the means to create customized applications utilizing the data in combination with data provided by the customer. In return for access to the platform, the institution may recover assessments based on the application the customer creates.

Claims

1. A computer implemented method to facilitate data sharing, the method for providing a data share platform comprising:

providing a computing system comprising a computer processing device and a non-transitory computer readable medium, where the computer readable medium comprises configured computer program instruction code, such that when said instruction code is operated by said computer processing device, said computer processing device performs the following operations;

allowing customer access to data to facilitate data sharing for building applications, the data being accessible on a data share platform associated with the computing system;

receiving restricted data from the customer, wherein restricted data comprises personal data associated with the customer and wherein the restricted data from the customer is stored on the data share platform for data sharing;

providing secure data access to the customer with one or more restrictions based at least in part on the restricted data received from the customer, wherein the one or more restrictions include at least one of restricting access to restricted data from other individuals without authorization or restricting an amount of data that is accessible;

monitoring activity of the data share system platform to track misappropriations of the data for security purposes, wherein misappropriations of the data includes data usage for purposes other than building applications; and

determining a customer assessment amount based on the type of data requested and amount of data accessed by the customer, wherein the assessment is based at least in part on the monitoring of the data share platform.

2. The method of claim 1, wherein providing secure security data access to the customer limits the customer access to restricted data.

3. The method of claim 2, wherein restricted data is financial data of other customers.

4. The method of claim 2, wherein restricted data comprises data that the institution is not able to acquire independent of the customer.

5. The method of claim 1, wherein the data on the data share system platform is provided to the customer through an application programming interface.

6. The method of claim 1, wherein the customer is an individual customer of the institution providing the data share system platform.

7. The method of claim 1, wherein the customer is a commercial partner of the institution providing the data share system platform.

8. The method of claim 1, further comprising providing security data access to the data share system platform based at least in part on the monitoring of activity on the data share system platform.

9. The method of claim 1, wherein monitoring the activity of the data share platform comprises monitoring the number of accesses to the data share platform.

10. The method of claim 1, wherein monitoring the activity of the data share system platform comprises monitoring use of the data, wherein the data comprises code recognition readable by the data share system platform.

11. The method of claim 1, further comprising determining a assessment amount based at least in part on the monitoring interaction between the share system platform and the customer.

12. The method of claim 1, wherein the institution is a financial institution, wherein the data provided by the data share system platform is financial data.