Patent ID: 7983969

Claim:
A method for managing percentage of money market funds owned by an institutional investor, comprising: periodically receiving by at least one computer, a first number representing the current assets under management for each of a plurality of the funds; receiving by the at least one computer a second number representing the current amount of money the institutional investor has invested in each of the funds; dividing by the at least one computer the second number by the first number for each of the funds to determine the percentage of money market fund owned by the institutional investor for each of the funds; filtering by the at least one computer said funds by the percentage; displaying by the at least one computer a list of funds which satisfy a percentage filter criteria together with a corresponding percentage for each of the funds; receiving a request by the at least one computer from the institutional investor to exchange funds from a first money market fund for funds in a second money-market fund, wherein the funds of the first and the second money market funds are both able to be exchanged by the institutional investor at the time of the request; verifying by the at least one computer that the institutional investor has enough funds in the first money market fund to cover the size of the position the investor wishes to take in the second money-market fund; in response to said verifying, said at least one computers redeeming sufficient funds in the first money market fund to cover the cost of the position the investor wishes to take in the second money market fund; and in response to said redeeming, said at least one computer using the redemption proceeds to purchase funds in the second money market fund, without requiring another investor to perform the exchange.