Transaction and account management system

Abstract

An information management system that consists of data, a rules database, and user profiles is provided. The rules database stores information about system responses to modifications of the data. The user profiles store information concerning the availability of information and displays depending upon the user. Automatic updates to user profiles in response to modifications to the data are performed.

Description

CROSS REFERENCE TO RELATED APPLICATIONS [0001] This application is a continuation of U.S. patent application Ser. No. 09 / 658,332 entitled “Transaction and Account Management System” filed on Sep. 8, 2000, which application in turn claims priority under 35 U.S.C. § 119 to U.S. Provisional Application No. 60 / 152,920, filed Sep. 8, 1999. The disclosure of both of these applications is hereby incorporated by reference in its entirety.BACKGROUND OF THE INVENTION [0002] 1. Field of the Invention [0003] The invention relates generally to the field of computer implemented account tracking, processing, and management. The techniques are applicable to diverse fields. [0004] 2. Description of the Related Art [0005] With the advent of the Internet, a wide variety of computer implemented methods of tracking customer activity, fulfilling customer orders, and the like have been implemented or proposed. In some cases, these methods include the creation of user specific accounts which include variou...

AI Technical Summary

Problems solved by technology

The relevant information for a user is presently not available in an efficient manner.

Whenever a new account is opened for a new client, there may be a delay in receiving the information from the custodian bank and recording the client's initial holdings.

During this delay, the client's holdings may change.

The IA therefore does not know exactly what funds are available to be invested and may be recording inaccurately the securities in the client's account.

In these and other environments, existing art today is cumbersome and addresses only segments of identified core processes.

No one program or set of programs completely addresses and handles core processes of an enterprise from start to finish.

Regardless of the approach, each time a system user has to move to the next process there is a break in the flow of information.

Each portage or break and re-entry of data represents an possible risk of error and an inefficiency because it is an added step in running the business as the user moves from each process to the next.

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