Methods and systems for correlating company data stored in an electronic database
AssigneeNone recorded
InventorsEleanor Sothern Wilson, Anne Frederick McDowell
Life of this patent
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AssigneeNone recorded
InventorsEleanor Sothern Wilson, Anne Frederick McDowell
Estimating the term…
Methods and systems for operating a computer in response to a search request for company data for one company stored in a plurality of databases is provided. In one embodiment, a plurality of company names are linked to a unique identifier for the one company, and the search request identifies a data type and the one company. The method comprises the steps of operating the computer to select at least one of the databases to search based on the identified data type and company, select at least one of the plurality of company names to utilize in the search, and perform the search in the selected databases using the selected company names. The operation of correlating company names and locating the desired data is transparent to the system user.
A method for operating a computer in response to a search request for company data for one company stored in a plurality of databases, a plurality of company names being linked to a unique identifier for the one company, the search request identifying a data type and the one company, said method comprising the steps of operating the computer to:
A company database system comprising a plurality of databases, at least one processor coupled to said databases, and a memory coupled to said processor, said memory having a plurality of unique company identifiers stored therein, each of said unique company identifiers linked to at least one company name.
A database system comprising a plurality of databases, at least one of said databases having a plurality of unique company identifiers stored therein, each said identifier linked to at least one company name.
A method for alerting a user of a change in status of a company, company data being stored in at least one database coupled to a processor, a unique identifier being associated with at least one name of the company, the processor coupled to a communications network, a user computer coupled to the communications network, said method comprising the steps of:
Dependencies are inferred from the claim text.
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Finance; Insurance; Tax strategies; Processing of corporate or income taxes: banking, e.g. interest calculation or account maintenance
Information and communication technology [ict] specially adapted for administrative, commercial, financial, managerial
Term end not estimated
This invention relates generally to data management, and more specifically, to correlating data from multiple sources.
Scorecards typically are utilized in financial businesses in assessing whether to enter into a particular financial transaction with another company and in assessing a current status of transactions with that company. A typical scorecard includes, for example, ratings information from public sources as well as ratings internally generated by the financial business. The internal ratings are based, for example, on data collected by the financial business from past transactions entered into with the company. In a financial business that enters into thousands of transactions with other companies, however, the data related to one particular company may be spread out across multiple databases and may have been entered into the databases by many different people. Accessing all information relating to the particular company therefore may be extremely difficult. As a result of an inability to easily and quickly access all information within the financial business regarding the particular company, different scorecards for one company may be generated for different deals across the financial business.
In addition, since data is spread out across multiple databases, a financial businesses may not have a single point of entry and access to information regarding a particular company. For example, with data about a particular company being provided by multiple sources and accessible in many different databases, there exists a strong likelihood that many different identifiers will be employed by the various sources and in the different databases to identify the particular company. A company such as General Electric Company may be referenced using different identifiers such as General Electric Company, GE, GE Company, and GE Co. As a result of using many different identifiers for any one company, simply associating the comprehensive data with the one company can be extremely difficult and time consuming.
FIG. 1 is a block diagram of an example embodiment of a company database system;
FIG. 2 is an example embodiment of a server architecture;
FIG. 3 is a block diagram illustrating application interactions; and
Set forth below are descriptions of example embodiments of company database systems and methods that facilitate integrated network-based electronic reporting and workflow process management. The systems and methods facilitate, for example, electronic correlation of information stored within the system and extraction of such information.
More specifically, the systems and methods described herein correlate a variety of names under which a company might be identified in the same or different databases, internally and externally. The various names for a given company are linked together as a unit, stored at a specific location and assigned a unique identification number. All information relevant to this unit is linked to the unique ID, and as additional data relating to the company is entered, such additional data also is linked to the unique ID. Therefore, a next user requiring information on that entity can view the information already available regarding the entity before duplicating entry or research.
Once the data regarding a particular entity is linked as described above, the data can be fed to various reporting systems in place or later put in place across a company. In addition, and each time company data is accessed, the data is obtained from a same database location so that the same data is accessible and used across the company regardless of the function.