Systems and methods for administering investment portfolios based on transaction data

Abstract

The disclosed embodiments include systems and methods for administering actual and virtual investment portfolios based on transaction data associated with one or more users. The disclosed embodiments may be configured to obtain first transaction data associated with a first user and identifying one or more first products purchased by the first user. The disclosed embodiments may also be configured to obtain program data identifying a first loyalty program associated with the first user, and geographic data specifying a geographic region associated with the first user. Additionally, the disclosed embodiments may be configured to identify one or more first securities based on the first transaction data and the obtained program and / or geographic data. The disclosed embodiments may also generate one or more first electronic instructions to transmit information identifying a first set of the one or more first securities to a device of the first user.

Description

[0001]This application claims the benefit of priority to U.S. Provisional Patent Application No. 61 / 884,745, filed Sep. 30, 2013, the entire disclosure of which is expressly incorporated herein by reference to its entirety.BACKGROUND[0002]1. Technical Field[0003]The disclosed embodiments generally relate to computerized systems and methods for administering investment portfolios in a network environment, such as the Internet. More particularly, and without limitation, the disclosed embodiments relate to computerized systems and methods that create or modify actual and virtual investment portfolios based on transaction data.[0004]2. Background Information[0005]New investors are often discouraged by the limited level of interaction and engagement available through websites and other investment tools provided by the financial institutions. While the discouragement may result from a general lack of interest in investing, real or perceived barriers can prevent these new investors from fu...

AI Technical Summary

Benefits of technology

The disclosed embodiments describe computer systems and methods for identifying products purchased by a user and creating or modifying investment portfolios based on those products. The system uses data from the user's purchases and a host of information related to those purchases, such as geographic data and program data from Loyalty Programs. This information is used to identify securities that are relevant to the user and participate in those programs. The system can then generate electronic commands to transmit this information to the user's device. Overall, the disclosed embodiments provide a technical solution for automating the process of identifying and managing user's investments.

Problems solved by technology

New investors are often discouraged by the limited level of interaction and engagement available through websites and other investment tools provided by the financial institutions.

While the discouragement may result from a general lack of interest in investing, real or perceived barriers can prevent these new investors from fully understanding the composition of their investment portfolio and the various investment opportunities provided by their financial institutions.

In many instances, the barriers result from a new investor's inability to connect a daily decision, such as a purchase of cereal or bathroom tissue at the grocery store, with a performance of a security held within his or her investment portfolio.

The complex nature of financial instruments commonly held in investment portfolios (e.g., mutual funds and exchange-traded funds (ETFs)) further complicates the linkage between the investor's everyday purchases and a performance of his or her investment portfolio.

Moreover, even assuming the investor could appreciate the impact of an everyday purchase on an investment portfolio, the investor would be challenged to monitor this impact over time due to the constantly changing composition of the investment portfolio and to changes in the corporate structure of manufacturers of consumer products.

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