Patent ID: 6049782
Filing Date: 2000-04-11
Classification: G06Q

Abstract:
An integrated financial system comprising:at least one account that includes a plurality of account components wherein each account component has a time of opening and a time of statement cycling and wherein each account component of the plurality of account components has an associated price based on a premium/discount interest rate and wherein the associated price is also based on a customer's relationship to a financial institution; anda relationship management system, the relationship management system including:a general purpose programmable computer;means for centralizing the capture, storage, and access to a plurality of interest rates corresponding to at least some of the account components;means for generating a database of account component relationships;means for generating balance files;means for determining the associated pricing of individual account components in terms of premium/discount interest rates applicable to a first account component of the plurality of account components at the time of the first account component's opening and statement cycling based on the customer's relationship to the financial institution using the database of account component relationships and the balance files; andmeans for adjusting the associated pricing of individual account components.