Patent ID: 9563917
Date: 2017-02-07
CPC Classifications: G06Q

Claim:
1. A method for updating a database record comprising a cost basis datum associated with a first security identifier in the database record following an identification of a message representative of an occurrence of a capital event, the method comprising: retrieving, over a network, a beginning cost basis datum associated with the first security identifier from a database by a computer or the computer determining a beginning cost basis datum based on a purchase price datum associated with the first security identifier and a purchase date associated with the purchase price datum, wherein the first security identifier is associated with a purchase event datum including a date prior to the occurrence of the capital event identified in the message; retrieving, over the network, a first shares held adjustment ratio from the database by the computer, wherein the first shares held adjustment ratio corresponds to the first security identifier and a date datum corresponding to a first capital event that occurred prior to the capital event; determining a second cost basis datum by the computer, wherein the first shares held adjustment ratio is processed, via the computer, using the beginning cost basis datum; correlating, via the computer, the second cost basis datum to the beginning cost basis datum via referencing a primary key stored in the database, wherein the primary key is associated with the first security identifier; retrieving, over the network, a second shares held adjustment ratio from the database by the computer, wherein the second shares held adjustment ratio, based on the primary key, corresponds to a second security identifier and a date datum corresponding to a second capital event that occurred after the capital event; determining the third cost basis datum via the computer, wherein the second shares held adjustment ratio is processed, via the computer, using the second cost basis datum, and presenting a third cost basis datum on a display coupled to the computer, after correlating, via the computer, the third cost basis datum to the beginning cost basis datum and the second cost basis datum via referencing the primary key stored in the database, wherein the primary key is associated with the second security identifier, wherein the first shares held adjustment ratio is associated with a first event date datum that is represented to precede a second event date datum associated with the second shares held adjustment ratio and wherein the first shares held adjustment ratio is processed, via the computer, prior to the second shares held adjustment ratio.