US2015095261A1PendingUtilityA1

Systems and methods for administering investment portfolios based on transaction data

Individually held — no corporate assignee on recordPriority: Sep 30, 2013Filed: Sep 30, 2014Published: Apr 2, 2015

Est. expirySep 30, 2033(~7.2 yrs left)· nominal 20-yr term from priority

Inventors:Michael E. Globe Mazin Al-Samadi Lauren Van Heerden Gunalan Nadarajah Orin Del Vecchio Michael D. Cummins Prabaharan Sivashanmugam

G06Q 40/06G06Q 30/0255

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References

Claims

Abstract

The disclosed embodiments include systems and methods for administering actual and virtual investment portfolios based on transaction data associated with one or more users. The disclosed embodiments may be configured to modify an investment risk tolerance of a user based on transaction data identifying one or more first products purchased by the user and one or more prior financial services transactions associated with the user. The disclosed embodiments may also be configured to identify one or more first securities based on a portion of the transaction data and the modified investment risk tolerance. In certain aspects, the identified first securities may be related to at least one of the purchased products.

Claims

exact text as granted — not AI-modified

What is claimed is: 
     
         1 . A computer-implemented method, comprising:
 obtaining, by one or more processors, an investment risk tolerance of a user;   obtaining, by the one or more processors, transaction data associated with the user, the transaction data identifying (i) one or more products purchased by the user and (ii) one or more prior financial services transactions associated with the user;   determining, by the one or more processors, a modified investment risk tolerance of the user based on the obtained investment risk tolerance and at least a portion of the transaction data; and   generating, by the one or more processors, one or more electronic instructions to transmit information identifying the modified investment risk tolerance to a device of the user.   
     
     
         2 . The method of  claim 1 , wherein obtaining the investment risk tolerance comprises:
 generating one or more instructions to transmit, to a device of the user, a request to obtain the investment risk tolerance; and   receiving a response to the transmitted request, the response comprising the investment risk tolerance.   
     
     
         3 . The method of  claim 1 , wherein obtaining the investment risk tolerance comprises determining the investment risk tolerance based on an outcome of a financial investing game. 
     
     
         4 . The method of  claim 1 , further comprising identifying a level of risk associated with at least one of the prior financial services transactions. 
     
     
         5 . The method of  claim 4 , wherein the determining further comprises modifying the obtained investment risk tolerance to be consistent with the identified level of risk. 
     
     
         6 . The method of  claim 4 , wherein the determining further comprises:
 generating one or more electronic instructions to transmit, to a device of the user, information identifying an inconsistency between the obtained investment risk tolerance and the Identified level of risk; and   receiving a response to the transmitted information, the response comprising a request to modify the obtained investment risk tolerance to indicate a greater or lesser acceptance of risk by the user; and   modifying the obtained investment risk tolerance in accordance with the received response.   
     
     
         7 . The method of  claim 1 , further comprising generating one or more electronic instructions to transmit, to a device of the user, information identifying the modified investment risk tolerance, the information comprising at least one of a numerical value representative of the modified investment risk tolerance or an image indicative of the modified investment risk tolerance. 
     
     
         8 . The method of  claim 1 , wherein the determining comprises modifying the obtained investment risk tolerance based on one or more of the purchased products and prior financial services transactions. 
     
     
         9 . The method of  claim 1 , wherein:
 the method further comprises identifying one or more prior activities performed by the user; and   the determining comprises modifying the obtained investment risk tolerance based on one or more of the purchased products, the prior financial services transactions, and the prior activities.   
     
     
         10 . The method of  claim 1 , further comprising:
 identifying one or more first securities based on the transaction data and the modified investment risk tolerance, the securities being related to at least one of the products; and   generating one or more first electronic instructions to transmit information identifying a set of the one or more first securities to a device of the user.   
     
     
         11 . The method of  claim 10 , further comprising purchasing the set of the one or more first securities to create an investment portfolio for the user including the set of the one or more first securities, or to modify the created investment portfolio to include a second security. 
     
     
         12 . The method of  claim 11 , further comprising:
 determining whether the investment portfolio conforms to an investment goal of the user, the investment goal comprising at least one of a cash reserve, a ratio of debt securities to equity securities, or a limit on a value of the investment portfolio; and   providing information that directs a sale of at least one of the one or more purchased first securities, when the investment portfolio fails to conform with the investment goal.   
     
     
         13 . The method of  claim 10 , further comprising generating a virtual investment portfolio for the user, the virtual investment portfolio comprising a first simulated financial position in at least one of the one or more first securities. 
     
     
         14 . The method of  claim 10 , wherein the identifying comprises:
 identifying a plurality of candidate securities, the candidate securities being associated with corresponding issuers;   determining, by the one or more processors, a relationship between a first issuer of the corresponding issuers and the at least one of the products; and   selecting, by the one or more processors, a first candidate security as one of the one or more first securities, based on the determined relationship.   
     
     
         15 . A system, comprising:
 a storage device; and   at least one processor coupled to the storage device, the storage device storing software instructions for controlling the at least one processor when executed by the at least one processor, and the at least one processor is operative with the software instructions and is configured to:
 obtain an investment risk tolerance of a user; 
 obtain transaction data associated with the user, the transaction data identifying (i) one or more products purchased by the user and (ii) one or more prior financial services transactions associated with the user; 
 determine a modified investment risk tolerance of the user based on the obtained investment risk tolerance and at least a portion of the transaction data; and 
 generate one or more electronic instructions to transmit information identifying the modified investment risk tolerance to a device of the user. 
   
     
     
         16 . A computer-implemented method, comprising:
 obtaining, by one or more processors, transaction data associated with a user, the transaction data identifying (i) one or more products purchased by the user and (ii) one or more prior financial services transactions associated with the user;   modifying, by the one or more processors, an investment risk tolerance of the user based on at least a portion of the transaction data;   identifying, by the one or more processors, one or more first securities based on the transaction data and the modified investment risk tolerance, the first securities being related to at least one of the products; and   generating, by the one or more processors, one or more first electronic instructions to transmit information identifying a set of the one or more first securities to a device of the user.   
     
     
         17 . The method of  claim 16 , further comprising generating one or more second electronic instructions to transmit, to the user device, information identifying the modified investment risk tolerance, the transmitted information comprising at least one of a numerical value representative of the modified investment risk tolerance or an image indicative of the modified investment risk tolerance. 
     
     
         18 . The method of  claim 16 , wherein the modifying further comprises modifying the investment risk tolerance based on one or more of the purchased products and the prior financial services transactions. 
     
     
         19 . The method of  claim 18 , wherein:
 the method further comprises identifying one or more prior activities performed by the user; and   the modifying further comprises modifying the investment risk tolerance based on one or more of the purchased products, the prior financial services transactions, and the prior activities.   
     
     
         20 . The method of  claim 16 , further comprising:
 generating one or more second instructions to transmit, to the user device, a request to obtain the investment risk tolerance; and   receiving a response to the transmitted request, the response comprising the investment risk tolerance.   
     
     
         21 . The method of  claim 16 , further comprising determining the investment risk tolerance based on an outcome of a financial investing game. 
     
     
         22 . The method of  claim 16 , wherein the method further comprises identifying a level of risk associated with at least one of the prior financial services transactions. 
     
     
         23 . The method of  claim 22 , wherein the modifying comprises modifying the investment risk tolerance of the user to be consistent with the identified level of risk. 
     
     
         24 . The method of  claim 22 , wherein:
 the method further comprises:
 generating one or more electronic instructions to transmit, to the user device, information identifying an inconsistency between the investment risk tolerance of the user and the identified level of risk; and 
 receiving a response to the transmitted information, the response comprising a request to modify the investment risk tolerance to indicate a greater or lesser acceptance of risk by the user; and 
   the modifying further comprises modifying the obtained investment risk tolerance in accordance with the received response.   
     
     
         25 . The method of  claim 16 , further comprising purchasing the set of the one or more first securities to create an investment portfolio for the user including the set of the one or more first securities, or to modify the created investment portfolio to include a second security. 
     
     
         26 . The method of  claim 25 , further comprising:
 determining whether the investment portfolio conforms to an investment goal of the user, the investment goal comprising at least one of a cash reserve, a ratio of debt securities to equity securities, or a limit on a value of the investment portfolio; and   providing information that directs a sale of at least one of the one or more purchased first securities, when the investment portfolio fails to conform with the investment goal.   
     
     
         27 . The method of  claim 16 , further comprising generating a virtual investment portfolio for the first user, the virtual investment portfolio comprising a first simulated financial position in at least one of the one or more first securities. 
     
     
         28 . The method of  claim 27 , further comprising generating a modification to the virtual investment portfolio based on the first simulated financial position. 
     
     
         29 . The method of  claim 16 , wherein the identifying comprises:
 identifying a plurality of candidate securities, the candidate securities being associated with corresponding issuers;   determining, by the one or more processors, a relationship between a first issuer of the corresponding issuers and the at least one of the products; and   selecting, by the one or more processors, a first candidate security as one of the one or more first securities, based on the determined relationship.   
     
     
         30 . A system, comprising:
 a storage device; and   at least one processor coupled to the storage device, the storage device storing software instructions for controlling the at least one processor when executed by the at least one processor, and the at least one processor is operative with the software instructions and is configured to:
 obtain transaction data associated with a user, the transaction data identifying (i) one or more products purchased by the first user and (ii) one or more prior financial services transactions associated with the user; 
 modify an investment risk tolerance of the user based on at least a portion of the transaction data; 
 identify one or more first securities based on the transaction data and the modified investment risk tolerance, the first securities being related to at least one of the products; and 
 generate one or more first electronic instructions to transmit information identifying a set of the one or more first securities to a device of the user.

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