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US 8,266,039 B2Granted
System and method for processing data relating to allocation of assets
AssigneeHartford Fire Insurance Company
InventorsJason Scott Frain, Diane Toby Gallo
Life of this patent
Estimating the term…
Abstract
A distributed asset allocation processing system performs a computerized method for allocating subscriber assets. The system configures predetermined investment allocation paths that relate asset allocation models to trigger events. The system then selects a predetermined path based on a subscriber's risk tolerance. At each trigger event along the predetermined path, the system automatically rebalances the subscriber's assets according to an asset allocation model corresponding to the trigger event.
Claims20
A computer system for processing data relating to allocation of assets of an investor, comprising:
- a data storage device storing data indicative of a plurality of investment allocation paths, each of the investment allocation paths having a plurality of trigger events and a plurality of asset allocation models, one of the plurality of asset allocation models corresponding to each of the trigger events, each of the investment allocation paths being associated with one of a plurality of risk tolerance values;
- a server coupled to the data storage device, wherein the server is configured to receive data indicative of an initial risk tolerance value of the investor, select a first one of the investment allocation paths corresponding to the initial risk tolerance value of the investor, select an asset allocation model based on the selected investment allocation path, and, responsive to receipt of data indicative of occurrence of one of the trigger events associated with the selected investment allocation path, change the asset allocation model to a second asset allocation model corresponding, in accordance with the selected investment allocation path, to the received trigger event;
- and
- a communications port coupled to the server for receiving from the server and transmitting data indicative of instructions for rebalancing assets of the investor in accordance with the second asset allocation model.
1 more element
A computer-implemented method for processing data relating to allocation of assets of investors, comprising:
- receiving at a user device data relating to an investor, including data indicative of a risk tolerance value associated with the investor;
- transmitting the received risk tolerance value data via a communications port to a processor;
- accessing by the processor data indicative of associations between risk tolerance values and investment allocation paths, from a data storage device, the data storage device storing data indicative of a plurality of investors, a plurality of investment allocation paths, each of the investment allocation paths having a plurality of trigger events and a plurality of asset allocation models, one of the plurality of asset allocation models corresponding to each of the trigger events, each of the investment allocation paths being associated with one of a plurality of risk tolerance values, and associations between investors and asset allocation paths;
- based on the accessed data and the received risk tolerance value data, determining by the processor an investment allocation path for the investor, and storing in the data storage device an association between the investment allocation path and the investor;
- receiving by the processor data indicative of occurrence of one of the trigger events of the investment allocation path associated with the investor;
- based on the received data indicative of occurrence of the trigger event, selecting by the processor the one of the asset allocation models associated with the trigger event in accordance with the investment allocation path;
- and
- providing by the processor via the communications port an output signal having data indicative of the selected asset allocation model for use in automated rebalancing of investor assets.
5 more elements
A non-transitory computer-readable medium having processor-executable instructions stored thereon, which instructions, when executed by a processor, cause the processor to:
- responsive to receipt of a risk tolerance value associated with an investor, access data indicative of associations between risk tolerance values and investment allocation paths, from a data storage device, the data storage device storing data indicative of a plurality of investors, a plurality of investment allocation paths, each of the investment allocation paths having a plurality of trigger events and a plurality of asset allocation models, one of the plurality of asset allocation models corresponding to each of the trigger events, each of the investment allocation paths being associated with one of a plurality of risk tolerance values, and associations between investors and asset allocation paths;
- based on the accessed data and the received risk tolerance value data, determine an investment allocation path for the investor;
- store in the data storage device data indicative of an association between the determined investment allocation path and the investor;
- responsive to receipt of data indicative of occurrence of one of the trigger events of the investment allocation path associated with the investor, select by the processor the one of the asset allocation models associated with the trigger event in accordance with the investment allocation path;
- and
- provide to a communications port output data indicative of the selected asset allocation model for use in automated rebalancing of investor assets.
3 more elements
Dependencies are inferred from the claim text.