US 8,015,109 B2 · Data processing system for complex pricing and transactional analysis

Abstract

The present invention provides methods and systems for defining financial transaction components; defining mapping rules for taking individual financial transactions and breaking them down into their components, such as production services, billing services and settlement services. A data processing system in accordance with one embodiment of the present invention, creates a transaction instance corresponding to a financial transaction, creates a production service instance linked to the transaction instance by a first relation instance, and creates a billing service instance linked to the production service instance by a second relation instance. The data processing system, may also create other production service instances linked to the transaction instance using other relation instances, as well as, other billing service instances linked to the production service instances.

Claims10

Dependent claims

A data processing system including instances of data objects referred to as entities and relations, the data processing system comprising:

a transaction analysis subsystem which performs a transaction analysis by breaking down an instance of a transaction entity into instances of component entities present in the instance of the transaction, according to mapping rules among the component entities and the transaction, each mapping rule being a relation;
one or more price tables stored in a storage device of the data processing system associating the instances of the component entities to monetary values;
and
a price calculation subsystem which operates cooperatively with the transaction analysis subsystem and which assigns, during the course of the transaction analysis, a monetary value to the instance of the transaction according to the price tables associated with the component entities, using the mapping rules.

1 more element

Dependencies are inferred from the claim text.

Facts

Application

10/996,892Filed 23 Nov 2004 · continuation

Priority

1 Aug 1997

Published

US 2005/0165676 A128 Jul 2005

Granted

6 Sep 2011

Term ends

Not estimatedThe source records don’t support an estimate.

Classification14 codes

G06Q 40/00
Finance
G06Q 10/0875
Inventory or stock management, e.g. order filling, procurement or balancing against orders: itemisation or classification of parts, supplies or…
G06Q 20/10
Payment architectures: specially adapted for electronic funds transfer [EFT] systems; specially adapted for home banking systems
G06Q 20/201
Point-of-sale [POS] network systems: price look-up processing, e.g. updating

Family

Application08/904,716Parent of this continuation · filed 1 Aug 1997

Application09/535,573Parent of this continuation · filed 27 Mar 2000

US 6,052,672 AParent of this continuation · filed 18 Apr 2000

Application10/370,940Parent of this continuation · filed 20 Feb 2003

US 2005/0165676 A1Pre-grant publication · published 28 Jul 2005

US 7,127,420 B1Parent of this continuation · filed 24 Oct 2006

US 7,664,696 B2Parent of this continuation

US 2003/0172000 A1Published application

US 8,015,109 B2This patent

From the US filing history. Foreign family members aren’t listed.

Data processing system for complex pricing and transactional analysis

Life of this patent

Data processing system for complex pricing and transactional analysis

Life of this patent

Abstract

Claims10