Boots – shoes – and leggings
Patent
1994-09-01
1996-05-14
McElheny, Jr., Donald E.
Boots, shoes, and leggings
G06F 1760
Patent
active
055174060
ABSTRACT:
An automated trade processing system including a record keeper for receiving participant mutual fund transaction requests. The record keeper also aggregates the participant mutual fund transaction requests by mutual fund into omnibus plan transaction requests. These requests are then transmitted in at least one file which has a plurality of fields of information about the omnibus plan transaction requests. A host processor, interacting with the record keeper, receives the at least one file, processes the omnibus plan transaction requests, verifies at least one of the plurality of fields of information, and trade-acknowledgment confirms the omnibus plan transaction requests to the record keeper. The host processor then transfers the omnibus plan transaction requests to a transaction executor which executes the omnibus plan transaction requests. The trade-acknowledgment confirmation occurs at a time prior to execution of the omnibus plan transaction requests. The transfer agent executes the omnibus plan trades and trade-execution confirms them to the host processor. The host processor compares the trade-acknowledgement confirmation and the trade-execution confirmation and generates a mismatch file which is then transmitted to the at least one record keeping systems. This cycle occurs in less than a day and enables the record keeping system to perform daily valuation of all participant accounts in its various plans.
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Altobelli David J.
Blucke Robert W.
Harris Randall C.
Wilson, Jr. R. J. Montgomery
Wyle Stephen C.
McElheny Jr. Donald E.
The Shareholder Services Group, Inc.
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