Abstract: Methods and systems are disclosed for automatically identifying and managing potentially fraudulent transactions without adversely impacting legitimate customers. In one implementation, the methods and systems provide a transaction risk analyzer for analyzing a risk associated with a financial transaction. The transaction risk analyzer quickly and automatically evaluates a number of factors in connection with each transaction to determine the risk associated with the transaction. The factors may include, for example, the relationship of the customer to the financial services company, the identity of the customer, and the behavior pattern of the customer. A set of business rules may then be applied to these factors to help distinguish between potentially fraudulent transactions and legitimate transactions. Based on the business rules, the transaction risk analyzer may recommend certain actions to mitigate loss potentially resulting from the transaction.

Abstract: A method of managing financial products is disclosed. The method includes receiving transaction parameters associated with a financial transaction, determining a standardized financial product, wherein the standardized financial transaction reflects the transaction parameters associated with the financial position, calculating a net present value position between the financial position and the standardized financial product, and clearing the net present value position through a clearing party.

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 respective universes of securities and investment assets that can be designed and generated thereby.

Abstract: A method for providing a wager in a financial market environment is provided that includes presenting an opportunity to make a wager that is based on a moving market line associated with a financial market. An end user is given an opportunity to bet on whether a financial market value will be above or below the moving market line at a designated time. The wager may be accepted from the end user. The wager may be monitored in order to determine whether the financial market value was above or below the moving market line at the designated time.

Abstract: Disclosed are novel tools (including, without limitation, systems, methods and software) to facilitate the sale of items of property and/or for providing title transfer services that ensure that the purchaser of the items of property (real or personal) receives adequate title to the property. In an aspect, the tools can serve as a clearinghouse for the various components to the transaction (e.g., receiving payment from the buyer, confirming that any security interest in the property has been paid off, informing the various parties to the transaction of the transaction's status, etc.).

Abstract: A method and apparatus for optimizing a portfolio of financial assets is disclosed. The method includes computing a risk-return profile for each of a plurality of feasible weight distributions of financial assets in the portfolio and selecting as the optimal distribution the risk-return profile having the greatest annualized total return. Also disclosed is a method for providing a real-time design of a portfolio of financial assets.

Abstract: A set of average transaction amounts is established. For each of the average transaction amounts, a total transaction cost is determined. An intended per-transaction profit is established. A service fee is established for each of the average transaction amounts based on the average transaction amount and the intended per-transaction profit.

Abstract: Collateralized option index derivative investment instruments and methods for creating a collateralized option index are disclosed herein based on changes in a performance of collateralized option strategies. According to an aspect of the disclosure, a method for calculating a collateralized option index is disclosed. In one embodiment, the method for calculating a collateralized option index includes calculating a value of a portfolio invested in a collateralized short strategy according to the relation: Vt=Mt?NlastPt where Mt is a value of a LIBOR component of the portfolio at the close of date t, Nlast is a number of put options sold at a last roll date, and Pt is a price of the underlying option portfolio based on arithmetic averages of the last bid and ask prices of all options in the underlying option portfolio reported before a time on date t.

Abstract: The present invention is directed at a system and method to rate lender profiles to determine the level of risk that is present in the loans originated or purchased by a particular lender will be based on a misrepresentation or as a result of material inaccuracies in the financial information provided by or on behalf of the borrower. The rating is preferably based on a variety of factors including at least one of, for example, prefunding controls, post closing controls, product mix, and/or loan source.

Abstract: Systems and methods of allocating transactions among business objects are described. Allocation is accomplished using generated allocation rules that are generated using a hierarchical data structure representative of relationships between the business objects and using predefined rules that characterize the business objects. Each generated allocation rule is associated with at least one of the business objects and is used to query a set of transactions to be allocated. Query results, generated using a generated allocation rule, include the transactions to be allocated to the associated business object. Embodiments are disclosed to illustrate how the invention can be used to allocate sales commissions to members of a sales team. The invention is applicable to a variety of business objects including people, organizations, accounts, tasks, or the like.

Abstract: A computer-implemented method for evaluating an investment employs entries and associated impact groups to define analytical lines that represent financial activity of a business entity over time. Distribution factors can be used to allocate the value of the respective entries over corresponding user-defined time periods. Annual entries can be defined and allocated into corresponding entries. Conditional calculations pertaining to the analytical lines can also be carried out. In addition, rules-based logic can be used to adjust dates pertaining to the analytical lines (such as shifting days ahead in manner that accommodates for non working days). The analytical lines are processed to simulate information that forecasts financial activity of the business entity. The user can apply variation factors to numeric values used in the method. Such variation factors permit the method to quickly and conveniently model scenarios that affect a primary entry or item or other calculation.

Abstract: Disclosed are a method, apparatus, and computer-readable medium for determining the value of a derivative product over nonconsecutive periods. The derivative product may be an interest rate swap product, which, when exchanged traded, normally is valued on a mark-to-market basis over consecutive periods. The product may be valued using swap value factors and settlement values according to the methodology disclosed herein.

Abstract: Methods and systems are disclosed for automatically identifying and managing potentially fraudulent transactions without adversely impacting legitimate customers. In one implementation, the methods and systems provide a transaction risk analyzer for analyzing a risk associated with a financial transaction. The transaction risk analyzer quickly and automatically evaluates a number of factors in connection with each transaction to determine the risk associated with the transaction. The factors may include, for example, the relationship of the customer to the financial services company, the identity of the customer, and the behavior pattern of the customer. A set of business rules may then be applied to these factors to help distinguish between potentially fraudulent transactions and legitimate transactions. Based on the business rules, the transaction risk analyzer may recommend certain actions to mitigate loss potentially resulting from the transaction.

Abstract: A method of monitoring fraud associated with prepaid devices includes configuring fraud platform parameters which comprise one or more limits defined by one or more values, each limit associated with a particular platform parameter, one or more thresholds defined by one or more values, each threshold associated with a particular platform parameter, and one or more rules that define restrictions for certain prepaid device activities. The method further includes applying the fraud platform parameters to prepaid device production data and determining whether to issue the prepaid device depending on whether any parameters were triggered by the production data.

Abstract: A consumer's credit rating is derived from non-credit transactions on an account. Each transaction was a purchase by the consumer from a merchant using a pre-paid card. The derived consumer's credit rating can use a total of all of the transactions, totals for each merchant and/or for categories thereof. Here, the account is issued by an issuer to the consumer. Each merchant submits each non-credit transaction to an acquirer for processing by a transaction handler who requests the issuer to obtain payment for the transaction from the account. The issuer forwards the payment to the transaction handler who forwards the payment to the acquirer to pay the merchant for the purchase of the transaction. The derived credit rating can also consider prior credit ratings based upon prior credit transactions.

Abstract: In accordance with a preferred embodiment of the invention, there is disclosed a process for verifiably communicating risk characteristics of an investment portfolio to an investor without disclosing the exact composition of the portfolio comprising: A procedure for the investment manager to describe acceptable characteristics of an investment portfolio within the portfolio's prospectus, An algorithm and procedure for the investment manager to cryptographically commit to portfolio contents without disclosing the exact composition, An algorithm and procedure to calculate the risk statistics concerning the limitations specified in the prospectus concerning the acceptable configurations of assets holdings without disclosing the exact composition, An algorithm and procedure employing cryptographic means to prove that each such statistic is within the numerical range specified in the prospectus, An algorithm and procedure to check the validity of proofs claiming that each statistic is within a particular range, an

Abstract: A computing device that includes a processor and a memory receives inputs including indications of a transaction amount and a type of transaction. It is determined whether the transaction amount exceeds a predetermined threshold. Further, it is determined whether the type of transaction is one of a cash transaction and a payment card transaction. If the type of transaction is a cash transaction and the transaction amount exceeds the predetermined threshold, a predetermined service fee is added to the transaction amount, and a predetermined discount is subtracted from the transaction amount.

Abstract: A method and a system are provided to allocate a borrower's monthly home loan repayments to a loan provider to an interest payment account and an equity accrual account; and, to further allocate to a retirement or education account a monthly amount of savings that is correlated to that portion of each monthly home loan repayment comprising interest on the loan. The monthly amount of savings allocated to the retirement or education account is computed by multiplying that portion of each monthly home loan repayment comprising interest on the loan by a savings rate that is a function of an economic benchmark.

Abstract: The reputation scoring and reporting system for accounts associated with telephone numbers and maintained in an electronic database includes processing a request for a reputation report corresponding to an account in the database. The request is authenticated via the telephone number associated with the account. A reputation report is then sent to a subscriber in response to an authenticated request. In return, transaction information between the subscriber and entity is associated with the account in the electronic database. The reputation score for the account is calculated in real-time based on the transaction information stored in the electronic database.

Abstract: A method and system for determining and displaying market sentiment information is disclosed. The method may include obtaining customer opening option activity information from an order routing system database, excluding spread transactions from the customer opening option activity information, calculating a sum of buy call trades and sell put trades from the customer opening option activity information, calculating a total number of customer trades from the customer opening option activity information and dividing the sum of buy call trades and sell put trades by the total number of customer trades to calculate an indicator value. The indicator value may be recalculated every N period until an end of a trading day using all trades through the N period in the trading day.