Patent ID: 8346664

Claim:
A computing system implemented process for modifying financial transaction categorization lists comprising executing via any set of one or more processors, steps comprising: receiving financial transaction data including financial transactions associated with respective ones of two or more parties; receiving respective individual lists of actual categorizations for one or more given financial transactions, each respective list of categorizations for one or more given financial transactions being associated with a different respective one of the two or more parties, and including categories that the respective parties have previously assigned various ones of the one or more given financial transactions; obtaining data representing two or more of the respective individual lists of categorizations for one or more given financial transactions; generating, using at least one of the processors of the set of processors, at least one shared list of categorizations for one or more given financial transactions, the at least one shared list of categorizations for one or more given financial transactions being based, at least in part, on the data representing the respective individual lists of categorizations for one or more given financial transactions, wherein the system is configured to be operable to produce at least one of the at least one shared list of categorizations for one or more given financial transactions as a filtered shared list of categorizations for one or more given financial transactions generated according to one or more segmentation rules, further wherein the one or more segmentation rules are used to generate the filtered shared list of categorizations from data obtained from parties, at least one of the parties having one or more defined attributes, and wherein data obtained from parties having one or more defined attributes is weighted more heavily than data representing at least part of one or more of the party's own lists of categorizations for one or more given financial transactions obtained from parties not having the one or more defined attributes; and providing at least one party data representing the shared list of categorizations for one or more given financial transactions.