Patents Examined by Seth Weis
  • Patent number: 7720687
    Abstract: A method and system provides transactions and arrangements in virtual world environments. A user can participate in transactions to acquire virtual property and related virtual rights. In some implementations, real-world and virtual parties can be involved in possible transfers of various types of virtual property and virtual property rights.
    Type: Grant
    Filed: October 3, 2005
    Date of Patent: May 18, 2010
    Assignee: The Invention Science Fund I, LLC
    Inventors: Edward K. Y. Jung, Royce A. Levien, Robert W. Lord, Mark A. Malamud, John D. Rinaldo, Jr.
  • Patent number: 7720726
    Abstract: Financial management applications may operate according to RIB rules in which expenditure budget limits are increased as an organization or department thereof realizes revenue. When such applications operate in conjunction with complicated data structures for revenues and budget, it can become burdensome to define a plurality of RIB rules individually. A configuration system includes a RIB strategy array containing a relatively small set of meta-rules for identifiers of various portions of a revenue data structure to which they apply. An automated configuration system surveys the revenue data structure, determines which value transforms and destination addresses of a budget database apply and generate a larger set of RIB rules that will govern in the financial management application during normal system operation.
    Type: Grant
    Filed: December 22, 2003
    Date of Patent: May 18, 2010
    Assignee: SAP AG
    Inventors: Thomas M. Schaub, Horst Schnoerer, Andreas Schaefer
  • Patent number: 7720733
    Abstract: A method and system provides transactions and arrangements in virtual world environments. A user can participate in transactions to acquire virtual property and related virtual rights. In some implementations, real-world and virtual parties can be involved in possible transfers and/or transfer revocations involving various types of virtual objects and virtual rights.
    Type: Grant
    Filed: December 15, 2005
    Date of Patent: May 18, 2010
    Assignee: The Invention Science Fund I, LLC
    Inventors: Edward K. Y. Jung, Royce A. Levien, Robert W. Lord, Mark A. Malamud, John D. Rinaldo, Jr.
  • Patent number: 7716092
    Abstract: Enterprise management applications perform a “revenues increasing the budget” (RIB) operation on general ledger data and store elements of the general ledger data that have a RIB effect in another ledger, called the “RIB ledger”. RIB ledgers may include sets of RIB rules, storage for documents reflecting all relevant delta values together with the corresponding links to the underlying original transaction documents as well as storage for all relevant aggregated data. Accordingly, when audit operations are performed for RIB budget increases, relevant transaction data is readily available in the RIB ledger. Such copies of the data are more easily accessed than through a search of the larger set of general ledger data, thus facilitating and accelerating use of the RIB techniques in an online system.
    Type: Grant
    Filed: December 22, 2003
    Date of Patent: May 11, 2010
    Assignee: SAP AG
    Inventors: Thomas M. Schaub, Andreas Schaefer, Horst Schnoerer
  • Patent number: 7716134
    Abstract: A method of operating a self service terminal (SST) (12) is described, in which the SST (12) detects characteristics of a mobile computing device held by a user (16), and configures the user interface dependent on the detected characteristics. The characteristics may include features of the mobile device, such as communication facilities, or may include user identification information. Where the user is identified, a user profile may be retrieved from a remote SST operator (14). Certain embodiments of the invention may detect devices held by a second or subsequent user (18), and retrieve the relevant user profile prior to the second user (18) interacting with the SST (12).
    Type: Grant
    Filed: January 18, 2002
    Date of Patent: May 11, 2010
    Assignee: NCR Corporation
    Inventors: Jonathan S. Black, Martin R. Smith, John G. Savage
  • Patent number: 7716120
    Abstract: In various embodiments, real and test trading orders are processed and results are transmitted back to the entities originating the orders.
    Type: Grant
    Filed: April 2, 2007
    Date of Patent: May 11, 2010
    Assignee: BGC Partners, Inc.
    Inventors: James R. Driscoll, Matthew W. Claus
  • Patent number: 7711623
    Abstract: A system includes instructions configured for enabling the one or more data processing device to facilitate preparing client-specific template information and determining client-specific consulting information dependent upon the client-specific template information. The client specific template information includes performance criteria, weightings, defined investment dataset information, filters configured for refining investment dataset information and/or process instructions. Examples of client specific consulting information include investment index performance scores, performance scores of investments in an investment portfolio, objectively quantified investment choices, asset class corresponding to allocated investment within an investment portfolio, comparative performance analyses between allocated investments and non-allocated investments represented within an asset class, and other information utilized by an investor for making investment decisions.
    Type: Grant
    Filed: August 20, 2004
    Date of Patent: May 4, 2010
    Assignee: Consulting Services Support Corporation
    Inventors: Eric S. Smith, Joseph Simko
  • Patent number: 7711633
    Abstract: In various embodiments, test trading orders are generated, transmitted and ranked.
    Type: Grant
    Filed: April 2, 2007
    Date of Patent: May 4, 2010
    Assignee: BGC Partners, Inc.
    Inventors: James R. Driscoll, Matthew W. Claus
  • Patent number: 7689497
    Abstract: A switch engine module receives interest rate risk portfolios from a plurality of traders, and for each prospective trader, provides available switches based on positions in other counterparty portfolios that offset the viewing traders' positions. The offsetting positions are encoded with credit preference information in order to identify eligible trades based on both counterparties credit preferences. Another embodiment provides for a switch auction whereby users can use an auction process to trade for forward rate agreement switches with other counterparties. In the switch auction, the price is predetermined by the system prior to the auction so that parties can opt out of the transaction if desired. The credit preferences of the participating traders are taken in consideration in making matches.
    Type: Grant
    Filed: February 28, 2003
    Date of Patent: March 30, 2010
    Assignee: Blackbird Holdings, Inc.
    Inventor: R. Raymond May
  • Patent number: 7606754
    Abstract: A method and system for tracking the compliance of an insurance policy's portfolio account used to finance benefit obligations containing equity-linked assets distributed among at least one fund category, containing at least one investment vehicle such as equities, bonds, cash, etc. This method monitors the balance of assets included in selected investment vehicles, e.g., equities, bonds, etc. and relates them to new or modified liability allocations. The method identifies a liability balance associated with selected investment vehicles within each of the insurance fund categories, identifies an asset balance associated with the value of equities in the account, and divests a portion of the equity assets when that asset balance exceeds a regulation regarding liability balance. The method further provides an indication for reporting when the asset balance is within the known relation to the liability balance.
    Type: Grant
    Filed: January 31, 2002
    Date of Patent: October 20, 2009
    Assignee: Hartford Fire Insurance Company
    Inventor: Paul Reiss
  • Patent number: 7584131
    Abstract: There is provided a no-blackout migration process for migrating plans between record keeping systems with continuous and uninterrupted client and participant access to the plans being migrated comprising the steps of: moving a plan to a staging data storage, extracting plan data, converting a financial data subset, converting all extracted plan data to converted plan data having a second format, transmitting the converted plan data to a second system data storage and loading to a second system data storage wherein the majority of the converted plan data loaded into the second system data storage is loaded through execution of a bulk copy program, executing post-import comparisons and auto-reconciliation jobs and executing a correction process if the second plan does not correspond to the selected plan in the first system, activating the second plan and deactivating the original plan, and migrating and loading pending transactions into the second data storage.
    Type: Grant
    Filed: July 31, 2002
    Date of Patent: September 1, 2009
    Assignee: Ameriprise Financial, Inc.
    Inventors: Thomas Harold Kurtz, Brian Theodore Simonson, John William Borgstrom, Timothy J. Dubbs, Edward Newman, Claire Mary Berrett, Pamela Jean Higgins, Karen Ingrid Omtvedt