Abstract: Systems and methods of trading items on an electronic trading system according to the invention are provided. According to an embodiment, the electronic trading system processes a new order type that is an only at best order type, whereby trades are preferably only executed at the best price the item is being bought or sold.

Abstract: A method for offering an asset in a financial environment is provided that includes receiving a request to perform a selected one of a purchasing and a selling operation for a futures contract. The futures contract includes a first asset class having a first value associated therewith and a second asset class having a second value associated therewith. A price for the futures contract is determined at least partially by the first and second values.

Abstract: A system and method for allowing market participants to evaluate the likelihood of finding hidden volume. The model can predict hidden volume and assess the probability that a market order will be executed within the spread and better than the mid-quote. The cost per immediate execution can be assessed.

Abstract: Methods and system for non-reversible payment processing are described. In one embodiment, a request for non-reversible payment for a sender may be received. The request for non-reversible payment may include a payment amount and a payment receiver identifier. The payment receiver identifier may be associated with a payment receiver. A sender account of the sender may be decreased by the payment amount. A payment receiver account of the payment receiver may be increased by the payment amount. A notification of non-reversible payment may be provided to a payment receiver that the increasing of the payment receiver account by the payment amount is non-reversible based on the receiving of the request for non-reversible payment.

Abstract: The present invention relates to a system and method for providing a web-based graphical user interface to a legacy insurance data process system to increase the functionality and ease of use in issuing insurance quotes and policies, providing insurance information and other insurance related services. The system and method integrate use of Internet technology in business work flows, provide dynamic data entry for insurance coverage packages and pricing programs, offer easy access to value-added products and services, and enable local printing of professional insurance applications, proposals and forms to facilitate immediate delivery of professional-quality proposals to customers.

Abstract: A payment device, method, and apparatus configured to determine the form factor of the payment device used in a financial transaction, without requiring a different primary account number for each payment device form factor.

Abstract: Methods and apparatus, including computer program products, for multiple client/user and capital market funded participating interest in qualifying trust. Methods include establishing a legal trust that holds assets and issues obligations that grant participation rights in its assets. The legal trust can be a legal qualifying trust. The legal qualifying trust can grant participation rights to multiple beneficiaries or participants.

Abstract: A notification service protects different user accounts from being exposed to fraudulent activity when one of the accounts is compromised. The notification service instructs an issuer of the compromised account to automatically close, freeze or place the other associated accounts on a watch list to prevent potential exposure to the other accounts due to a security breach associated with the compromised account. The card holder may receive notification of the compromised account from the notification service or the issuer via a mobile device. The mobile device may directly contact other issuers with one request to restrict access to any accounts associated with the compromised account. In the event that the compromised account is loaded on the mobile device, the account is cancelled and a new account is loaded to the mobile device.

Abstract: An intermittent risk exposure liability insurance method comprising the steps of: establishing an Internet business site enabled for communication with insurers and insureds through Internet service providers; enrolling the insureds in intermittent risk exposure liability insurance policies, the policies providing for a variable insurance premium rate depending upon an intermittent use of an insured article; logging start and completion times of each intermittent use of the insured article on the Internet business site by the insured; verifying start and completion times of use of the insured article in accordance with the logged start and completion times; and applying and billing premium insurance rates in accordance with the verified and logged start and completion times of use.

Abstract: A method and apparatus for real time testing of automated valuation models using various indicators of accuracy. These indicators are then weighted according to their value as indicators of accuracy using individualized weighting factors or an equation. A ranking is then computed based upon the factors and their weights. This method is preformed continuously, so as to achieve real-time or periodically updated automated valuation model accuracy rankings.

Abstract: Methods, systems, and computer-readable media are disclosed for volume and stress testing bank/credit processing systems. In one implementation, the example system can be configured to include at least one subsystem configured to generate a plurality of data packages. In this example each data package of the plurality can include one of a plurality of simulated financial transactions. The example system can be configured to include at least one subsystem configured to transmit the plurality of data packages to a target database operable to perform at least one of the simulated financial transactions included in one of the plurality of data packages. In this example, the example system can also be configured to include at least one subsystem configured to monitor performance characteristics of the target database as it processes the plurality of data packages.

Abstract: A computerized accounting system is described herein. At least a portion of the accounting system may have a service oriented architecture. The accounting system may include an accounting service that is capable of storing versioned accounting policies. The various accounting policies may be used to process accounting data to determine the effect of the various accounting policies on the financial results. Also, the accounting system may include an event processing framework which, in one embodiment, may be used to amortize loans, securities and/or guaranty fee items.

Abstract: A method for assessing the performance of a company is provided. The method may include receiving financial data about the company and determining a future value of the company. Next, the future value is decomposed into a plurality of future value components, where the plurality of future value components includes an economy component that defines an implied amount of growth of the company attributable to the growth of the economy in general. Finally, the method may include displaying at least one of the future value components to advise a user of the performance of the company relative to the economy in general.

Abstract: Computer implemented methods are provided for managing and optimizing the profitability of an insurance network with a plurality of physicians in a healthcare practice participating therein. Exemplary computer implemented methods can include, for example, comparing data received via a communications network for each of the plurality of physicians in the healthcare practice with one or more preferred ancillary medical procedures of the insurance network to thereby identify at least one of the plurality of physicians in the healthcare practice who engages in ancillary medical procedures that are not preferred by the insurance network.

Abstract: A facility procuring information about a distinguished property from its owner that is usable to refine an automatic valuation of the distinguished property is described. The facility displays information about the distinguished property used in the automatic valuation of the distinguished property. The facility obtains user input from the owner adjusting at least one aspect of information about the distinguished property used in the automatic valuation of the distinguished property. The facility then displays to the owner a refined valuation of the distinguished property that is based on the adjustment of the obtained user input.

Abstract: An intelligent electronic subrogation network (“ESN”) automates intra-organization workflow, inter-organization workflow and collaboration for insurance subrogation. This ESN is facilitated by a novel system architecture and process that includes an inter-organizational workflow management system, an inter-organizational transaction processing system, and a unique mechanism for optimizing and enriching web-based user interaction within any such system.

Abstract: Centralized process context and information context are provided for a computer system having an enterprise service architecture platform. The process context is a centrally accessible object storing and providing status data generated during performance of a process flow. The process context permits firm personnel to review performance of the process flow, for example, to determine its status and to identify any business exceptions that may have occurred therein. The information context caches information generated during performance of the process flow. It provides data on which to assess firm performance parameters, for example, time elapsed during performance of each process step and it provides a detailed set of information describing the process business activity. The process context and information context support higher-level monitoring functions.

Abstract: The invention relates to a system for handling insurance requests, such as new coverage applications, renewal applications, and insurance quote requests. The system includes at least two computerized predictive models whose outputs each serve as inputs to the other. A business logic module is included in the system to process insurance requests with the predictive models to determine one or more sets of recommended policy parameters for the user and to output the determination to the user via a user interface. In various embodiments, the predictive models also output workflow components (such as underwriting workflow components) and price components (such as premium prices) corresponding to output suggested sets of coverage parameters.

Abstract: Computer implemented methods are provided for managing and optimizing the profitability of a plurality of physicians in a healthcare practice participating in an insurance network. Exemplary computer implemented methods can include, for example, comparing via one or more computers current ancillary medical procedures used by each of the plurality of physicians with one or more preferred ancillary medical procedures of the insurance network to thereby identify at least one of the plurality of physicians in the healthcare practice who engages in ancillary medical procedures that are not preferred by the insurance network. Such exemplary computer implemented methods can also include, for example, modifying the ancillary medical cost management behavior of the at least one of the plurality of physicians and distributing a predetermined percentage of savings attributed to the modified ancillary medical cost management behavior of the at least one of the plurality of physicians.

Abstract: A method for offering an asset in a financial environment is provided that includes receiving a request to perform a selected one of a purchasing and a selling operation for a futures contract. The futures contract includes a first asset class having a first value associated therewith and a second asset class having a second value associated therewith. A price for the futures contract is determined at least partially by the first and second values.