Patent ID: 7849003

Claim:
A system for monitoring an online account opening service, the system comprising: an account management system programmed to perform an online account opening service, the online account opening service electronically receiving a new account request including account application information and funding information specifying at least one funding source, processing the account application information to assess a risk to a financial institution of opening an account for a customer, processing the funding source information to assess a risk to the financial institution of transferring funds from the at least one funding source to the account, and electronically transferring funds from the at least one funding source to the account based on the risk to the financial institution of opening the account for the customer and the risk to the financial institution of transferring funds from the at least one funding source to the account; the account management system including a management console application programmed to continuously accumulate results of a new account requests processed by the online account opening service and generate aggregate performance metrics of the online account opening service based on the accumulated results, continuously provide the aggregate performance metrics of the online account opening service to an authorized agent associated with the financial institution, receive configuration information from the authorized agent for controlling the operation of the online account opening service in response to the continuously-provided aggregate performance metrics, and configure the online account opening service based on the configuration information; and at least one remote device connected to the account management system via at least one network, the at least one remote device programmed to continuously receive the aggregate performance metrics from the management console application and output the aggregate performance metrics to a display.