Electronic communication system and method for facilitating...

Details Electronic communication system and method for facilitating... Electronic communication system and method for facilitating...

2007-12-25

2007-12-25

Patel, Jagdish N. (Department: 3693)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S037000, C705S052000, C705S001100, C705S004000, C455S414400, C719S318000, C715S252000, C340S307000

Reexamination Certificate

active

09520825

ABSTRACT:
A system and method for electronically communicating investment plan information between money managers and issuers of investment contracts to facilitate plan inquiry and plan bidding processes. An import specification is defined, identifying database format characteristics of investment plan information stored in a first database. Data fields are mapped from the first database to data fields in a second database to create a data import map, where the data fields in the second database are predefined data fields. Investment plan information is imported into the predefined data fields of the second database according to the import specification and data import map. The resulting imported information is transferred to a central database accessible by investment contract sellers who are authorized by the investment contract buyers to receive the investment plan information. The investment plan information is transferred from the central database to the authorized investment contract sellers upon request of the authorized investment contract sellers. A proposed investment contract may then be created using the investment plan information received via the central database.

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