SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT FOR ONLINE FINANCIAL PRODUCTS TRADING

Patent №

US 6,233,566

Granted

2001-05-15

Filed 1999

Owner

ULTRAPRISE CORPORATION

+2 more

Lab

AI components

1

planning

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

09270837

An online centralized financial products exchange system. The invention is a system, method and computer program product that creates a "marketplace" for end-to-end financial products life cycle transactions. More particularly, the invention provides a centralized exchange system for the trading of loans. The system includes a plurality of Web servers for receiving and providing loan information from and to subscribers on several Web clients and a database server for searching the pre-set rules to match potential buyers with sellers. The system also includes a database for storing information relating to negotiations (i.e., bidding) for the sale of loans and for storing pre-set rules for pre-registered buyers and sellers. The system further includes a database and server for storing risk/return information that is made available to subscribers for analysis.

PlanningG06Q 40/02G06Q 40/03G06Q 40/06

AI classification

Planning1.00
Knowledge representation0.46
Machine learning0.07
Evolutionary computation0.01
Vision0.00
Natural language0.00
AI hardware0.00
Speech0.00

Ownership

ULTRAPRISE CORPORATION

assignment · 98490715

ULTRAPRISE LOAN TECHNOLOGIES, INC.

merger · 120590574

GHR SYSTEMS, INC.

assignment · 163230036

Assignors

LEVINE, DAVID A., LEVINE, MONICA L., MINTON, GABRIEL D., POLETTI, JON, SONDREGGER, DEAN

On an employer assignment, the assignors are typically the inventors.

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