Patent ID: 7343332
Filing Date: 2008-03-11
Classification: G06Q

Abstract:
1. A method of performing financial processing in a computer, comprising: (a) accessing account, event and organization attributes from a database accessible by the computer, wherein (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status; (b) performing one or more profitability calculations in the computer using the account, event and organization attributes accessed from the database, as well as one or more profit factors and one or more rules, wherein the profitability calculations include: (c) wherein the Net Interest Revenue (NIR) is calculated in an Advanced Tier as: according to: IR(a)=ΣAB (c=asset,s,t)(a)*eff rate(c=asset,s,t)(a), COF(a)=ΣAB (c=asset,s,t)(a)*TR(c=asset,s,t) (type IE(a)=ΣAB (c=liability,s,t)(a)*eff rate(c=liability,s,t)(a), and VOF(a)=ΣAB (c=liability,s,t)(a)*TR(c=liability,s,t) (type wherein: AB(c,s,t)(a)=Average Balances of an account a based on class (c), state (s), and tier (t), characteristics of a balance type, eff rate(c,s,t)(a)=Effective interest rate for the account a based on the class (c), state (s), and tier (t) characteristics of the balance type, type TR(c,s,t)(type IR(a)=the Interest Revenue of the account a, COF(a)=the Cost of Funds for the account a, IE(a)=the Interest Expense for the account a, and VOF(a)=the Value of Funds for the account a.