Patent ID: 8626635
Filing Date: 2014-01-07
Classification: G06Q

Abstract:
1. A method of monitoring a certificate of deposit, the method comprising: providing a computer having a processor; receiving information related to a certificate of deposit of a user; retrieving, using the processor, the user's personal and financial data including the user's ownership of other financial products from a data storage; analyzing, using the processor, the user's personal and financial data including the user's ownership of other financial products to determine the user's eligibility for consolidating the certificate of deposit into one or more different types of financial products other than the certificate of deposit; determining, using the processor, that the user does not meet predetermined personal and financial criteria for being ineligible for consolidating the certificate of deposit; monitoring, using the processor, the certificate of deposit as it matures; and presenting, to the user, an advisory related to maturity of the certificate of deposit wherein the advisory includes a recommendation for consolidating the certificate of deposit into the one or more different types of financial products other than the certificate of deposit.