Abstract: A processor-implemented method for transforming transaction data and market feed data into trade metrics. The method includes executing a transaction for a financial instrument on a trading network using a server having a processor and interfacing with a database, receiving market data, regarding the financial instrument from a public exchange data source, determining a mark price for the financial instrument, calculating a trade metric for the executed transaction using an executed price for the transaction and the mark price, and storing the trade metric in the database. Trade metric data for a client may then be aggregated and used to categorize the client into one of a plurality of trading pools and to limit access to certain trading pools based on the categorization of the client.

Abstract: Providing an account-based product. A communications portal is provided and consumer data is received via the portal. At least one derived characteristic, e.g., qualification, is determined contemporaneously from the consumer data. A product set is presented, via the portal, including at least one product determined at least in part by the derived characteristic. A selection from the product set is received via the portal, and at least one product feature, e.g., balance transfer, of at least one selected product is activated contemporaneous with the product selection.

Abstract: Systems and methods for creating and trading dynamic securities are provided. Dynamic securities according to the invention may preferably include any security or non-securitized investment. To form the dynamic security, a user may select a plurality of securities including stocks, bonds, baseball cards and modern art paintings to create a dynamic security. The selection may be limited to a pre-determined list of securities.

Abstract: Computerized capping of mortgage foreclosures.

Abstract: Disclosed herein is an energy management decision support system and methods for asset managers of buildings and facilities that can utilize energy usage data captured from meters, such as smart meters, and weather data to provide a systems-based cost reduction and optimization solution for end users. Building system components may be highly inter-dependent and changes to one system element can have substantial effects (positive and negative) upon other system elements. As described in further detail herein, system and method embodiments according to the present disclosure may apply predefined criteria to such building energy usage data to identify energy usage variances, and may graphically present to a user the identified energy usage variances. As a result, facility administrators are provided with more easily interpretable energy usage information.

Abstract: A method and associated system comprise obtaining historical auction data, determining, from the historical auction data, a first parameter that is a function of a joint bid distribution and a density function related to the joint bid distribution, selecting a bidder, obtaining a value distribution for the selected bidder, and solving an equation. The equation may include the first parameter and the selected bidder's value distribution, and not the value distribution of other bidders. The equation computes a bid value associated with the selected bidder for a given bid.

Abstract: A method of verifying authority of a customer to use a financial instrument, includes initiating one or more transactions using a financial instrument identified by a customer. One or more attributes of the initiated one or more transactions are stored. A determination is made as to whether or not a further financial transaction using the identified financial instrument, requested by the customer prior to acceptance of the use of the financial instrument, complies with pre-acceptance transaction rules. The further transaction is initiated only if it is determined to comply with the pre-acceptance transaction rules. One or more proffered attributes are received, typically from the customer. The received proffered attributes are compared to the stored attributes. Use of the financial instrument by the customer is then accepted if the received proffered attributes correspond to the stored attributes.

Abstract: A method of managing an investment of a policyholder which corresponds to a sum assured is described. The invention has particular application to life insurance. The policyholder selects a basic sum assured, and a periodic basic premium corresponding to the basic sum assured is calculated. The basic sum assured is linked to one or more financial indices so that the value of the total sum assured increases or decreases with changes in the value of the indices. An additional premium is calculated based on the cost of the linking, and a composite periodic premium is calculated. By using derivative instruments, the policyholder's investment corresponds to the actual sum assured from inception of the policy, compared with conventional schemes which involve the periodic investment of the policyholder's contributions.

Abstract: Illustratively, there can be a securitization system that is comprised of a computer or computers using a network, and a process, for the conversion of assets into marketable securities. In one embodiment, the securitization system includes a distribution system to distribute at least some of the marketable securities generated by the securitization system to one or more buyers. The process may utilize a new definition of securitization that expands the universe of securitizable assets, the universe of asset securitization methodologies, and the universe of securities that can be designed and generated thereby.

Abstract: A process for identifying a normalized insurance quality index of present and prospective insurance policies for an insurance book that can be utilized to more accurately predict present and future profitability on a standardized basis.

Abstract: A trading process for trading securities in an electronic market includes a matching process to match a portion of a received order for a security against a security interest stored in an order book that resides in main memory of a computer system.

Abstract: Methods and systems are provided for structuring and investing in a single investment vehicle that combines a guarantee of a predetermined percentage of principal along with a potential for returns historically associated with high risk equity investments. Methods and systems of the invention are useful for allocating investments to provide potentially high yields while preserving a guaranteed amount of principal over a predetermined investment period. Methods of the invention are also useful for providing institutional investors with a return driven investment vehicle that also provides access to principal during an investment period in order to meet pre-existing or continuing financial obligations.

Abstract: A system and method of electronically funding a financial account is disclosed. The method includes the acts of providing an electronic funding application, electronically transmitting the electronic funding application to a customer-operated client, and entering financial data into the funding application of the customer-operated client. The financial data includes a magnetic ink character recognition (MICR) line, a currency amount, and an account identifier. The method further includes the acts of electronically transmitting the financial data to a server (30), validating that at least a portion of the entered financial data corresponds to the demand deposit account, converting the MICR line to an item compatible with the Automated Clearing House network, submitting the item and the currency to this network and electronically transfering the currency from the demand deposit account to the financial account.

Abstract: A system for authentication of financial transactions using a remote terminal includes apparatus for sampling a unique biological identifier of a system user. The system has particular relevance to credit card or other electronic funds transfer transactions whereby the user may complete a transaction over the Internet, or at a merchant's remote terminal by using a unique biological identifier in place of the credit card. The unique biological identifier is preferably a finger print which is read by a camera at the personal computer or remote terminal. The image is digitized and forwarded to a clearing house to identify the appropriate account for the required transaction to be processed.

Abstract: Disclosed herein is a method of facilitating an insurance coverage determination for a property based on a plurality of characteristic elements relevant to the insurance coverage determination. The method includes receiving property data indicative of attributes of the property for the plurality of characteristic elements, determining a property risk score for the property based on the property data, and supporting the insurance coverage determination with the property risk score.

Abstract: Methods are described for processing and clearing derivative products such as interest rate swaps (IRSs). A swap value factor (SVF) may be generated to calculate the mark-to-market value of an IRS. The SVF may be a function of interest rates derived from a yield curve. Cash flow may be generated between the buyer and the seller to reflect the change in the market price of the derivative, i.e., the mark-to-market process. The results of a cleared swap may be used to determine or alter the margin deposit required by the buyer or seller.

Abstract: A method for valuing portfolio assets using a snapshot approach system is provided. The method includes segmenting portfolio assets into a predetermined number of segments based on financial attributes of each asset, selecting a representative sample of assets from each segment, valuing each asset in the representative asset sample, and calculating a value of the portfolio assets for bidding purposes based on the value of each asset in the representative asset sample.

Abstract: A system and method to produce and use new bank checks with magnetized strips (30) and/or storage chips (33) to avoid forging in the checks and to confirm immediately upon introducing them for negotiation, whether or not sufficient funds are available. The bank check system comprises issued bank checks whose front and rear faces carry imprinted visible data (11-21) and a magnetic strip (30) and/or storage chip (33) containing stored encoded data readable by a reader so it can be checked for conformity with the visible data (11-21) to detect any unauthorized alterations to the check. The visible data (11-21) and stored encoded data include an identification of a check (19), account, drawer (15) and bank (16). The new checks include checks with a maximum value, or a fixed value that is pre-paid and blocked in the drawer's account, and “ordinary” checks, enabling to check whether the checks to be paid with a sufficient blocked amount.

Abstract: A stock method for objectively quantifying the feeling, or market sentiment, of a company's stock (or the market as a whole) in a data-driven and transparent manner that serves as a standardized tool useful to investors and stock market analysts in gauging such items as inflated or deflated price values resulting from varying levels of market sentiment.

Abstract: A commercial financing payment planning system and associated method provide commercial financing customers the ability to retrieve and monitor account activity, track scheduled payment dates, and create/submit remittance instructions online. The system provides numerous functions to a customer, such as customer payment control, access to multiple payment sources by the customer, automatic funds transfer, customized user access, a customer dispute process for disputing supplier invoices, automatic dispute response, and credit tracking. With payment control, the customer specifies which and on what date the invoices will be paid, and the source of funds for the payments. The customer can make these payments from one or a combination of sources. By creating a remittance advice document, the customer can specify in advance payment details and give authorization for automatic payment by the system.