Patent ID: 7996290
Filing Date: 2011-08-09
Classification: G06Q

Abstract:
1. A processor-executed method of processing a financial transaction, comprising: defining by a processor at least one simple event associated with an asset transfer, including a transfer amount and a transfer date; defining by said processor at least one branch event associated with a set of other events, including a branch date and a branch selector; defining by said processor at least one composite event associated with a plurality of event from a group of events that consists of the at least one event and the at least one branch event; calculating a financial value associated with the transaction based at least in part on the at least one simple event, the at least one branch event, and the at least one composite event; and automatically managing by said processor the transaction during the transaction's lifecycle based at least in part on the one simple event, the at least one branch event, and the at least one composite event,