Patent ID: 8600866
Filing Date: 2013-12-03
Classification: G06Q

Abstract:
1. A method for facilitating money management processes of a plurality of sponsoring organizations using a plurality of asset managers to manage the sponsoring organizations' investment portfolios, the method comprising: receiving, through a computer-based communications network, orders from the plurality of asset managers, each order from an asset manager comprising a number of asset units to buy or sell on behalf of a sponsoring organization; determining, for each order, whether the sponsoring organization associated with the each order or the asset manager associated with the each order is assigned discretion for facilitating execution of the each order, wherein the associated sponsoring organization is assigned discretion if the each order is a low touch order expected to have low market impact and the associated asset manager is assigned discretion if the each order is a high touch order expected to have high market impact; facilitating, based on the assignment of discretion to the associated asset managers, execution of high touch orders by at least one trading organization; and facilitating, based on the assignment of discretion to the associated sponsoring organizations, execution of low touch orders by at least one trading organization.