System and method of security pricing for portfolio management system
AssigneeMK Asset, Inc.
InventorsBradley Greer, David C. Seahorn, Ward Wilcox
Life of this patent
Estimating the term…
Abstract
A portfolio pricing system and method can include a database receiving multiple feeds, an analytics server in communication with the database, and an accounting server. The analytics server can include a pricing algorithm that assigns prices to the analytics server and the accounting server according to a hierarchy that selects the most reliable source for each type of security. The reliability may be determined within a date range or according to the source of the price.
Claims35
A method of pricing a security, comprising:
- creating a hierarchy for a price of a security in an analytics system based upon reliability;
- creating a hierarchy for a price of a security in an accounting system based upon reliability;
- and
- selecting a most reliable price between the price in the analytics system and the price in the accounting system.
A portfolio pricing system comprising:
- a database receiving at least one feed;
- an analytics server in communication with the database;
- and
- an accounting server;
- wherein the analytics server includes a pricing algorithm that assigns prices to the analytics server and the accounting server according to a hierarchy that selects the most reliable source for each type of security.
A computer-readable medium having computer-executable instructions for pricing a security, the computer-readable medium comprising:
- computer-executable instructions for creating a hierarchy for a price of a security in an analytics system based upon reliability;
- computer-executable instructions for creating a hierarchy for a price of a security in an accounting system based upon reliability;
- computer-executable instructions for selecting a most reliable price between the price in the analytics system and the price in the accounting system.
Dependencies are inferred from the claim text.