Product brokerage transaction processing system, and product brokerage transaction processing method and program
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United States of America Patent
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N/A
Issued Date -
Dec 26, 2002
app pub date -
Jun 24, 2002
filing date -
Jun 26, 2001
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A transaction processing system for a brokerage institution that mediates and processes transactions across product function supply systems at multiple financial institutions. The transaction processing system generates integrated products composed of work flows of transactions of financial products that compose the integrated products based on product information containing information indicating functional characteristics of the financial products offered by each financial institution, message specifications for performing transactions of the financial products, and rules regarding commissions for the transactions of these financial products, and offers the integrated products to end-users via a network. The transaction processing system manages a brokerage transaction process for an integrated product according to contents of parameters inputted by the end-user, directs the product function supply systems to execute transactions of the financial products composing the integrated product, and performs settlements of commissions for the transaction process of the integrated product according to transaction execution logs of the transactions.
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