Automated investment fund accounting system
US4933842A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Feb 29, 1988 |
| Grant date | Jun 12, 1990 |
| Priority date | — |
| Expiry date | Feb 29, 2008 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computerized investment plan accounting system manages data for investment plans with multiple participants and multiple investment funds. When a transaction is entered, one side of the transaction (either units or dollars) may be flagged as pended. When the unit value for the fund is determined and stored, the pended side is calculated, stored, dated, and flagged as fixed. Investment fund balances are accumulated by posting the transactions to investment fund accounts. Individual participant fund balances are determined by accumulating transaction data in a multi-dimensional matrix. The participant fund balances are combined for all participants, and the combined totals are compared to the investment fund balances.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.