Patents Assigned to JP Morgan Chase Bank
  • Patent number: 8321467
    Abstract: A method for communicating between an application and a database by using a lightweight stored procedure data-binding framework for applications written in object oriented programming languages such as JAVA, significantly reduces the coding effort required to communicate with a relational database. Once the developer specifies the needed tabular data, the inventive framework generates all needed data objects and stored procedures to accomplish the interaction with that database data. The automatically generated code is then used by the application via a run-time component. This means the developer need only make simple calls in a few lines of code for database interaction. The encapsulated data model deals only with persistence and retrieval issues and is therefore de-coupled from the business model.
    Type: Grant
    Filed: December 11, 2006
    Date of Patent: November 27, 2012
    Assignee: JP Morgan Chase Bank
    Inventor: John Patrick Mangan
  • Publication number: 20120260093
    Abstract: A technique for providing message authenticity includes accepting transaction information, accepting a first data item used for authenticating an originating user, cryptographically processing the transaction information using only a second data item, wherein the entropy of the first data item is less than the entropy of the second data item, and authenticating the originating user using the first data item. The first data item can be a sequence of digits corresponding to those displayed on an external device, such as, for example, an RSA authorization token, credit card, etc.
    Type: Application
    Filed: April 16, 2012
    Publication date: October 11, 2012
    Applicant: JP MORGAN CHASE BANK
    Inventors: Glenn Stuart Benson, Joseph R. Calaceto, Russell M. Logar
  • Patent number: 8190893
    Abstract: A technique for providing message authenticity includes accepting transaction information, accepting a first data item used for authenticating an originating user, cryptographically processing the transaction information using only a second data item, wherein the entropy of the first data item is less than the entropy of the second data item, and authenticating the originating user using the first data item. The first data item can be a sequence of digits corresponding to those displayed on an external device, such as, for example, an RSA authorization token, credit card, etc. In general, the first data item will be a short alphanumeric string and the second data item will generally be much larger, e.g., a 128 bit sequence to be used principally for data authentication. According to another aspect of the present invention, consequential evidence of the transaction may be secured to provide after-the-fact evidence of the transaction.
    Type: Grant
    Filed: July 1, 2004
    Date of Patent: May 29, 2012
    Assignee: JP Morgan Chase Bank
    Inventors: Glenn Stuart Benson, Joseph R. Calaceto, Russell M. Logar
  • Patent number: 8170952
    Abstract: A system and method for issuance of a financial network-based payment card (generally known as a “payment card” or a “credit card”) almost instantaneously after application, wherein an applicant applies for a credit card by entering data into a data entry system using a handheld electronic device, advantageously by filling in a plurality of predefined forms in a computer-based data entry system. The applicant's data is sent via a data network to a central decision center, which approves or disapproves the application. If the application is approved, data is generated, a payment card is activated, and a result of the determination to issue is sent to the handheld electronic device.
    Type: Grant
    Filed: August 3, 2011
    Date of Patent: May 1, 2012
    Assignee: JP Morgan Chase Bank
    Inventors: Brigette A. White, Ronald Levinson, Mohit Sabharwal
  • Patent number: 8160942
    Abstract: An automated billing workflow system receives credit valuation adjustment (CVA) amounts associated with derivatives trades. The automated billing workflow system interacts with an Accounting System in order to make appropriate Profit and Loss (P&L) entries for the CVA amounts. The CVA amounts are billed to the business units which actually created the risk. The invention employs a plurality of Workflow Queues. As an item makes it way through the billing workflow, it may be slotted in one or more of these queues where further action will take place.
    Type: Grant
    Filed: July 20, 2010
    Date of Patent: April 17, 2012
    Assignee: JP Morgan Chase Bank
    Inventors: Harold Miller, Julian Mark Toghill, Tuan Pham
  • Patent number: 8118216
    Abstract: A method (and system) of discovering a significant subset in a collection of documents, includes identifying a set of documents from a plurality of documents based on a likelihood that documents in the set of documents carries an instance of information that is characteristic to the documents in the set of documents.
    Type: Grant
    Filed: October 30, 2007
    Date of Patent: February 21, 2012
    Assignees: JP Morgan Chase Bank, International Business Machines Corporation
    Inventors: Robert Hoch, Tayo Ibikunle, Ehud Kamin, William A. Liberis, Tomasz J. Nowicki, Michael J. Reilly, Howard E. Sachar, Charles P. Tresser, Eugene Walach
  • Patent number: 8095659
    Abstract: A service interface enables an application to be developed independently from a particular service. At execution of the application, the application is wrapped or bound to a service. Advantageously, a configuration file includes instructions that bind particular applications with a particular service. Therefore, if improved services are developed after the application is written, only the configuration file needs to be updated, not the application source code. Accordingly, significant time and expense is saved by allowing applications to be developed independently from particular services.
    Type: Grant
    Filed: May 17, 2004
    Date of Patent: January 10, 2012
    Assignee: JP Morgan Chase Bank
    Inventors: John Kevin Phenix, Nicholas Clive Judge
  • Patent number: 8027914
    Abstract: A system and method for issuance of a financial network-based payment card (generally known as a “credit card”) almost instantaneously after application, wherein an applicant applies for a credit card by entering data into a data entry system, advantageously by filling in a plurality of predefined forms in a computer-based data entry system. The applicant's data is sent via a data network to a central decision center, which approves or disapproves the application. If the application is approved, data is generated and delivered to a card production system, which embosses and magnetically encodes a card blank. The card is then delivered to the applicant.
    Type: Grant
    Filed: January 5, 2010
    Date of Patent: September 27, 2011
    Assignee: JP Morgan Chase Bank
    Inventors: Brigette A. White, Ronald Levinson, Mohit Sabharwal
  • Patent number: 8015096
    Abstract: Network-based systems and methods for hosting and operating a network-based platform that allows clients to open and build a portfolio-swap account that is subdivided into a plurality of client sub-accounts or funds. The methods and systems of the invention allow the client to sub-allocate equity-swap transactions among its various client sub-account or funds as the client deems appropriate.
    Type: Grant
    Filed: June 25, 2010
    Date of Patent: September 6, 2011
    Assignee: JP Morgan Chase Bank
    Inventors: Daniel Bleunven, Eliane Karotsch, Christian Dalban, Andrew D J Miller
  • Publication number: 20110202452
    Abstract: The present invention is directed to providing borrow coverage services to clients by a conduit lender, while the conduit lender maintains a flat position. The source of supply for the loans is a liquidity pool from existing agent lenders that have enrolled the conduit lender as a borrower.
    Type: Application
    Filed: February 18, 2011
    Publication date: August 18, 2011
    Applicant: JP Morgan Chase Bank, N.A.
    Inventors: Tommy Chan, Jennifer Sclafani, Jeremy M. Dobrick, Rajiv T. Yadlapalli, Matthew Bax, Dean X. Fezza
  • Publication number: 20110184846
    Abstract: A system for and method of providing payment protection upon the occurrence of trigger events. The system and method include an account, which may be associated with a credit card or other financial product. An accountholder may select trigger events and associated benefits. Upon the occurrence of a trigger event, the issuing entity will evaluate whether the accountholder is entitled to receive an associated benefit. Each benefit is intended to address at least one payment obligation. For example, an account may include payment protection in the form of automatic payment of minimum monthly credit card fees should the accountholder involuntarily become unemployed.
    Type: Application
    Filed: April 7, 2011
    Publication date: July 28, 2011
    Applicant: JP MORGAN CHASE BANK
    Inventor: John Mark DeLoach
  • Patent number: 7987127
    Abstract: A synthetic instrument known as a “Total Fair Value Swap” is disclosed. According to one embodiment, the Total Fair Value Swap may comprise an agreement between two counterparties, a “Fixed Rate Payer” and a “Floating Rate Payer”. According to the agreement, the Fixed Rate Payer makes a stream of payments to the Floating Rate Payer based on a fixed rate, and the Floating Rate Payer makes a second stream of payments to the Fixed Rate Payer based on a floating rate, wherein a first portion of the floating rate is based on a reference interest rate, and wherein a second portion of the floating rate is based on a credit spread associated with the Floating Rate Payer. The reference interest rate may be, for example, London Inter-Bank Offer Rate (LIBOR), prime interest rate, the US dollar swap rate, the U.S. Treasury Bond rate or any other widely traded interest rate that is reset periodically. The credit spread may be observed from the Credit Default Swap (CDS) market.
    Type: Grant
    Filed: July 17, 2009
    Date of Patent: July 26, 2011
    Assignee: JP Morgan Chase Bank, NA
    Inventors: David A Oaten, Stephen J Wolf, Pankaj Jhamb
  • Patent number: 7983468
    Abstract: A method (and system) for extracting information from a document, includes segregating a set of documents from a plurality of documents based on a likelihood that at least one document in the set of documents carries an instance of a preset information.
    Type: Grant
    Filed: February 9, 2005
    Date of Patent: July 19, 2011
    Assignees: JP Morgan Chase Bank, International Business Machines Corporation
    Inventors: Tayo Ibikunle, Ehud Karnin, William A. Liberis, Tomasz J. Nowicki, Michael J. Reilly, Howard E. Sachar, Charles P. Tresser, Eugene Walach, David A. Weeshoff
  • Patent number: 7974895
    Abstract: A system and method for providing finance rates are provided. According to the system and method, rate request information is acquired. Once the rate request information is acquired, it may be stored in a tracking database for statistical purposes. The acquired request information is submitted to a rate generation system that generates rates based at least upon the acquired request information. The generated rates are used to populate a template rate sheet that is then output in response to a rate request.
    Type: Grant
    Filed: March 11, 2005
    Date of Patent: July 5, 2011
    Assignee: JP Morgan Chase Bank
    Inventors: Debora L. Allen, Andrew Arce, Debra Ann Hogan, Mark Gregory Anderson, Michael Joseph LaForgia, Ashish Prabhakar
  • Patent number: 7970688
    Abstract: A method for pricing a trade comprising providing a user input for entering trade data, providing a structure for receiving the trade data and then transmitting the structure to a pricing system. The structure, now populated with both the trade data and the pricing data, is received from the pricing system and the trade data and pricing information is displayed. Advantageously, the structure is encrypted prior to transmitting it to the pricing system and decrypted when received from the pricing system. The pricing system records the data and the pricing information, which may be automatically entered into a trading system if and when the user agrees.
    Type: Grant
    Filed: January 15, 2004
    Date of Patent: June 28, 2011
    Assignee: JP Morgan Chase Bank
    Inventors: Stephen G. Moore, Gordon Davies, Adam Weiner
  • Publication number: 20110060699
    Abstract: A system for and method of tracking a loan from a pool of assets is presented. The pool of assets may be legally owned by a single entity, but with separate individual investors owning an economic beneficial interest in a portion of the pool. The system and method provide a technique that allows for tax transparency for income generated by loans of such individual investor's associated assets. Moreover, the system and method allow for the separate individual investors to be domiciled in different tax jurisdictions.
    Type: Application
    Filed: April 16, 2010
    Publication date: March 10, 2011
    Applicant: JP Morgan Chase Bank, N.A.
    Inventors: Matthew Bax, Gary Plummer, Nitin Babbar, AndyHill, Danielle Rumore
  • Patent number: 7895565
    Abstract: The system and method presented provides a multi-phase, end-to-end integrated process for testing application software using a standard software testing tool. The system and method involve integrating the functional, automated regression and performance phases of software application testing by leveraging deliverables at each phase so that the deliverables may be efficiently reused in subsequent test phases. Deliverables such as functional and technical test conditions and manual test scripts are used as inputs for each phase of the integrated tests. The use of leveraged requirements-based deliverables between test phases significantly reduces much of the repetitive testing typically associated with functionality and performance testing and minimizes repetition of testing errors discovered in earlier test phases.
    Type: Grant
    Filed: March 15, 2006
    Date of Patent: February 22, 2011
    Assignee: JP Morgan Chase Bank, N.A.
    Inventors: Morrisha Hudgons, Michael E. Frank, Judit Petlickijne, Alex Rheingans
  • Patent number: 7890343
    Abstract: Accurate risk management curves are generated for companies that have limited market information available to generate a risk management curve purely from the market information by allowing a pre-existing risk management curve (referred to as a “leader curve”) to be selected as a basis for generating a new risk management curve (referred to as a “target curve”). The leader curve may pertain to a company (referred to as the “leader company”) that has similar characteristics to the company for which the target curve is being generated (referred to as the “target company”). Further, any known differences between the leader company and the target company may be reflected in the target curve by incorporating any number of offsets between the leader curve and the target curve.
    Type: Grant
    Filed: January 11, 2005
    Date of Patent: February 15, 2011
    Assignee: JP Morgan Chase Bank
    Inventors: Anthony Iasello, Philip H. Jung, Samik Chandarana, Kapil Bhatia, Robert P. Machado, Jr., Doron Simon, Stephen Wayne Bennett, Chet Zhang, Gary Michelson, Paul Coolen, Mitchell Smith
  • Publication number: 20100318456
    Abstract: Network-based systems and methods for hosting and operating a network-based platform that allows clients to open and build a portfolio-swap account that is subdivided into a plurality of client sub-accounts or funds. The methods and systems of the invention allow the client to sub-allocate equity-swap transactions among its various client sub-account or funds as the client deems appropriate.
    Type: Application
    Filed: June 25, 2010
    Publication date: December 16, 2010
    Applicant: JP MORGAN CHASE BANK
    Inventors: Daniel Bleunven, Eliane Karotsch, Christian Dalban, Andrew DJ Miller
  • Patent number: 7844518
    Abstract: A system and method for evaluating financial transactions, which may involve credit requests, is provided. Credit requests are categorized into three tiers: the third-tier is for requests capable of being processed by computers, the second-tier is for requests that meet predefined criteria and cannot be categorized as third-tier requests, and the first-tier is for requests that cannot be categorized as second-tier or third-tier requests. The first-tier requests are manually reviewed by a credit executive. The second-tier requests are delegated to more junior credit personnel via an inventive pre-approval procedure. The third-tier requests are processed, at least in part, by computers. Additionally, requests that exceed a credit line, or limit, may be approved by reallocating credit from other credit lines.
    Type: Grant
    Filed: April 19, 2005
    Date of Patent: November 30, 2010
    Assignee: JP Morgan Chase Bank
    Inventors: Andrew Cox, Donna Dellosso, Mark Cisz, Ela Bekker, Jean-Christopher Chandumont, Joseph Dafni