The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Nov. 01, 2022
Filed:
Nov. 16, 2017
Teachers Insurance and Annuity Association of America, New York, NY (US);
Alexis Salvatore Pecoraro, Huntersville, NC (US);
Matthew George Nettleton, Ithaca, NY (US);
Gregory Bernard Bahns, West Chester, OH (US);
Steven Scott Winchester, Cincinnati, OH (US);
James Douglas Ecker, West Chester, OH (US);
John Bruce Englert, Gilbert, AZ (US);
TEACHERS INSURANCE AND ANNUITY ASSOCIATION OF AMERICA, New York, NY (US);
Abstract
Methods and systems of applying retroactive adjustments to financial data. An example method includes: receiving one or more adjustment records associated with a financial account; saving a snapshot of the financial account, the snapshot comprising a plurality of transaction records reflecting previously processed transactions associated with the financial account; merging the adjustment records and the transaction records to produce a plurality of adjusted transaction records; processing adjusted transaction records to produce an updated state of the financial account; comparing the saved snapshot to the updated state of the financial account to produce one or more adjustment events; and processing the adjustment events using one or more event processing rules.