Restricted party screening

US7742970B2 · kind B2 · utility

Assignee

• SAP AG · DE

Inventors

• Jochen Thierer · Bruchsal, DE
• Torsten Zube · Waibstadt, DE

Key dates

• Filing date: Dec 20, 2002
• Grant date: Jun 22, 2010
• Expiry date: May 27, 2024

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Regulating trade activities comprises receiving information identifying a potential trading party, normalizing at least a portion of the received identifying information to generate a normalized identifier for the potential trading party, comparing the normalized identifier with one or more other normalized identifiers corresponding to parties with whom trade should be restricted, and selectively restricting trading with the potential trading party.