[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Aharonian: The growing flood of "Wall Street" patents

Another of Gregory Aharonian's posts regarding business practices
patents.  Jamie


Subject: 
         PATNEWS: The growing flood of "Wall Street" patents
     Date: 
         Wed, 29 Sep 1999 13:09:42 -0400 (EDT)
    From: 
         Gregory Aharonian <srctran@world.std.com>
 Reply-To: 
         patent-news@europe.std.com
      To: 
         patent-news@world.std.com




!19990929  The growing flood of "Wall Street" patents

    The issue of patents on methods of doing business seems to have quieted
down for the time being (though I heard a hilarious rumor involving Gail
Hayes, an examiner on many of these patents - anyone with a copy of her
letter please fax me a copy).  Despite the lull, these patents are regularly
being issued.  What follows is a list of 110 "Wall Street" patents, i.e.,
patents on things that Wall Street institutions like to do. Interestingly,
75% of them have issued since 1997, and I suspect that now that the CAFC has
ruled that "anything is patentable" (ATT/Excel), there will be a flood of
such patents to match the other floods coming out of the PTO.

Greg Aharonian
Internet Patent News Service
                              ====================

5,953,423   Electronic-monetary system
5,950,176   Securities trading system with a virtual specialist function
5,946,668   Funding a home investment trust
5,946,667   Financial debt instruments method
5,946,666   Financial securities monitoring system
5,940,810   Estimation method for complex securities using low-discrepancy
               deterministic sequences
5,933,817   Tiered interest rate revolving credit system and method
5,933,815   Providing guaranteed lifetime income with liquidity
5,930,775   Optimal investing for distressed residential real estate loans
5,930,774   Mutual fund portfolios evaluation
5,930,760   Annuity rates derivation
5,920,848   Financial transactions, services, accounting, and advice using
               intelligent agents
5,920,629   Electronic-monetary system
5,918,217   User interface for a financial advisory system
5,913,198   Survivor benefit plans design and administration
5,911,136   Prioritized operation of a personal financial account
               comprising liabilities and investment assets
5,911,135   Managing financial accounts by a priority allocation of funds
               among accounts
5,907,828   Lender-owned credit life insurance policies implementation and
               administration
5,897,621   Multi-currency transactions system and method
5,893,079   System for receiving, processing, creating, storing, and
               disseminating investment information
5,884,287   Displaying risk and return in an investment portfolio
5,884,285   Managing financial accounts by reallocating funds among accounts
5,884,274   Generating and executing insurance policies for foreign
               exchange losses
5,878,405   Pension planning and liquidity management system
5,878,404   Load amortization management
5,878,139   Electronic merchandise dispute resolution
5,875,437   Operation and management of one or more financial accounts
               through the use of a digital system for exchange, investment
               and borrowing
5,873,072   Electronically providing customer services including payment
               of bills, financial analysis and loans
5,873,066   Managing and documenting the underwriting of an excess casualty
               insurance policy
5,870,720   Implementing a restructuring exchange of an excessive undivided
               debt
5,866,889   Integrated full service consumer banking system and system and
               method for opening an account
5,864,828   Personal financial management system for creation of a client
               portfolio of investment and credit facilities where funds
               are distributed based on a preferred allocation
5,864,685   Increasing income trust computer transaction system and insured
               investment account system
5,857,176   Fixed income portfolio data processor
5,852,811   Managing financial accounts by a preferred allocation of funds
               among accounts
5,852,808   Providing professional liability coverage
5,842,178   Computerized quotation system and method
5,832,461   Investment management including means to adjust deposit and
               loan accounts for inflation
5,819,238   Modifying a financial portfolio through dynamic re-weighting
               based on non-constant function of capitalization weights
5,819,237   Determination of incremental value at risk for securities trading
5,819,236   Providing advance notification of potential presentment returns
               due to account restrictions
5,812,988   Jointly estimating cash flows, simulated returns, risk measures
               and present values for a plurality of assets
5,812,987   Investment fund management method and system with dynamic risk
               adjusted allocation of assets
5,809,484   Funding education by acquiring shares of students future earnings
5,809,483   Bond trading online transaction processing system
5,806,049   Global assessment of investment opportunity and cost
5,806,048   Open end mutual fund securitization process
5,806,047   System for combined pool portfolio
5,802,499   Providing credit support to parties associated with derivative
               and other financial transactions
5,799,287   Optimal portfolio replication
5,799,087   Electronic-monetary system
5,787,404   Credit-card based retirement fund system and method
5,787,402   Performing automated financial transactions involving foreign
               currencies
5,784,696   Evaluating portfolios based on investment risk
5,775,734   Investment administration system
5,774,883   Selecting a seller's most profitable financing program
5,774,880   Fixed income portfolio index processor
5,774,553   Foreign exchange transaction system
5,765,144   Selecting liability products and preparing applications
5,761,442   Securities portfolio selection where each using neural networks
               trained using data relating to a corresponding security
5,761,441   Analyzing and administering a stock investment limited-recourse
               borrowing contract
5,761,386   Foreign exchange rate time series prediction and classification
5,752,237   Providing professional liability coverage
5,749,077   Updating and selectively accessing financial records related
               to investments
5,745,886   Open distribution of electronic money using trusted agents
5,745,885   Funding education by acquiring shares of students' future earnings
5,742,775   Creating financial instrument and administering an adjustable
               rate loan system
5,732,400   Risk-based purchase of goods
5,729,700   Facilitating execution of asset trades based on nonnegative
               investment risk, using overlapping time periods
5,710,889   Interface for electronically integrating global financial services
5,706,502   Internet-enabled portfolio manager system and method
5,704,045   Risk transfer and risk diversification including means to
               assure with assurance of timely payment and segregation of
               the interests of capital
5,696,907   Risk and credit analysis of financial service applications
5,692,233   Integrated system and method for analyzing derivative securities
5,689,650   Community reinvestment act network
5,671,364   Commodity-based currency for payment of accounts and
               elimination of payment risk
5,671,280   Commercial payments using trusted agents
5,659,165   Customer-directed, automated process for transferring funds
               between accounts via a communications network
5,644,727   Operation and management of one or more financial accounts
               through the use of a digital communication and computation
               system for exchange, investment and borrowing
5,590,037   Computing a financial projection and an illustration of a
               prefunding program for an employee benefit
5,563,783   Securities pool allocation
5,557,518   Open electronic commerce using trusted agents
5,557,517   Determining the price of an expirationless American option and
               issuing a buy or sell ticket on the current price and portfolio
5,502,637   Investment research delivery system
5,455,407   Electronic-monetary system
5,453,601   Electronic-monetary system
5,383,113   Electronically providing customer services including payment of
               bills, financial analysis and loans
5,297,031   Order management by market brokers
5,237,500   Converting constant dollar financial instruments
5,214,579   Goal-oriented investment indexing, tracking and monitoring
               data processing system
5,202,827   Insuring futures contracts against catastrophic loss
5,193,056   Hub and spoke financial services configuration
5,187,801   Massively-parallel computer system for generating paths in a
               binomial lattice
5,148,365   Scenario optimization
5,136,502   Funding, analyzing and managing health care liabilities
5,132,899   Stock and cash portfolio development system
5,126,936   Goal-directed financial asset management system
5,101,353   Providing liquidity to securities markets
4,953,085   System for the operation of a financial account
4,933,842   Automated investment fund accounting system
4,774,663   Securities brokerage-cash management system with short term
               investment proceeds allotted among multiple accounts
4,752,877   Funding a future liability of uncertain cost
4,751,640   Automated investment system
4,742,457   Investment management including means to adjust deposit and
               loan accounts for inflation
4,722,055   Funding future liability of uncertain cost
4,597,046   Securities brokerage-cash management system obviating float
               costs by anticipatory liquidation of short term assets
4,566,066   Securities valuation system
4,376,978   Securities brokerage-cash management system
4,346,442   Securities brokerage-cash management system
4,334,270   Securities valuation system
-- 
--------------------
James Love, Consumer Project on Technology
love@cptech.org, http://www.cptech.org
P.O. Box 19367, Washington, DC 20036
v. 202.387.8030, f. 202.234.5176