Financial data reporting system
OwnerDavid S. Fetter, Robert J. O'Byrne +1inventors
InventorsDavid S. Fetter, Robert J. O'Byrne, K. Wade Turner
Life of this patent
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Abstract
A method and system for processing financial transaction data and generating reports. The present embodiment may create a variety of reports from data provided by a plurality of data sources. The present invention may create customized reports in customized formats to satisfy a client's unique reporting needs. Further, minimum programming effort and customization time is required due to the modularity of the method and system.
Claims17
A net commission processing system comprising:
- a raw data table storing as a set of entries substantially all data provided by a financial entity;
- a base data table storing a base set of data, the base set comprising a subset of the set of entries in the raw data table and created by logically operating on the raw data table;
- a summary data table having a set of summary entries resulting from logically operating on the base set;
- and
- a report generation means for generating a report from the set of summary entries.
A net commission processing system comprising
- first means for receiving raw data from a plurality of data sources;
- at least one raw data table for storing said raw data received from said plurality of data sources;
- second means for manipulating said raw data into manipulated data;
- at least one base data table for storing said manipulated data;
- third means for processing said manipulated data into processed data;
- at least one summary data table for storing said processed data;
- and
- fourth means for generating a plurality of reports from said processed data.
A net commission processing system comprising
- first means for receiving raw data from a plurality of data sources;
- at least one raw data table for storing said raw data received from said plurality of data sources;
- second means for receiving manually maintained data;
- at least one manually maintained table for storing said manually maintained data;
- third means for manipulating said raw data and said manually maintained data into manipulated data;
- at least one base data table for storing said manipulated data;
- fourth means for processing said manipulated data and said manually maintained data into processed data;
- at least one summary data table for storing said processed data;
- and
- fifth means for generating a plurality of reports from said processed data.
A method for creating a net commissions report, comprising:
- receiving raw data from at least one data source;
- storing the raw data as a set of raw data entries in a raw data table;
- manipulating the set of raw data entries to create base data;
- storing the base data as a set of base data entries in a base data table;
- determining which base data entries are required to generate a report;
- in response to determining which base data entries are required to generate a report, processing the required base data entries to form a set of summary data entries;
- storing the set of summary data entries in a summary data table;
- and
- generating a report based on the set of summary data entries.
A method for creating a custom report satisfying a client's unique case, comprising:
- interviewing the client to ascertain a client's unique case;
- determining a report having a format, the report complying with the unique case;
- receiving raw data;
- storing the raw data as a set of raw data entries in a raw data table;
- manipulating the set of raw data entries to create base data;
- storing the base data as a set of base data entries in a base data table;
- creating a custom code within a custom module;
- processing, via the custom code, the set of base data entries to create summary data;
- storing the summary data as a set of summary data entries in a summary data table;
- and
- generating the report from the set of summary data entries.
Dependencies are inferred from the claim text.