Patent ID: 8239321
Filing Date: 2012-08-07
Classification: G06Q

Abstract:
1. A method, comprising: (A) accessing, using one or more computers, one or more databases comprising: (B) obtaining from one or more source institutions transfer data comprising an amount of funds to deposit/transfer to and/or withdraw/transfer from one or more of the aggregated deposit accounts in the program; (C) allocating one or more first amounts to and/or from one or more of the depository institutions, comprising: (D) allocating, using the one or more computers, second fund amounts of client accounts among the aggregated deposit accounts, to substantially match the respective first amount(s) allocated to the aggregated deposit accounts; (E) generating and communicating data for one or more instructions, using the one or more computers and a network communication link, to transfer funds to or from the sub-set of one or more depository institutions based at least in part on the allocating one or more first amounts step; (F) updating, using the one or more computers, the one or more databases with information based at least in part on one or more of the allocating steps; and (G) generating a report on one or more of the fund allocations.