Method and system for electronic transaction management and data extraction

US11526848B2 · kind B2 · utility

Assignee

• NAMMU21, INC. · US

Inventors

• Someera Fazal Khokhar · Manhattan, US
• Joel Jerome Jarvis · Minneapolis, US
• Brian Shaw · Napa, US
• Darcy Binder · Montvale, US
• Daniel Ayoub · Austin, US
• Adam Tyler Pugh · Austin, US
• Kusmina Gerasimina Laura Djohan Spender · London, GB
• Jason Simmons · Elvas, US
• Jordan Shelley · New York, US
• Paul DeGrote · Austin, US

Key dates

• Filing date: Jun 17, 2020
• Grant date: Dec 13, 2022
• Expiry date: Nov 19, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/03
• WIPO field: Computer technology
• WIPO sector: Electrical engineering

Abstract

A system and method for end-to-end transaction management, for example, for a structured finance market. The system and method digitizes and deconstructs complex interconnected transaction documents. The system creates transparency around the complexities of the transactions, generating significant efficiencies for existing market participants and enabling access to previously hidden and/or inaccessible data. In some embodiments, the platform supports a selected ecosystem (compared to specific use-cases within a market vertical) with a seamless integration of frameworks and schemas for the organization and structure of provisions, analytical tools extracting the required data, and the creation of metrics to informatively assess and calibrate the market. The system advantageously creates a digital language providing a tool, which will further enable the digitization of the finance ecosystem.