53 results about "Financial well being" patented technology

The systems and methods described herein related to a comprehensive blockchain-based tool configured to process applicant information and administer a mortgage via one or more blockchain-based smart contracts. For each applicant, a financial profile may be generated and maintained that includes at least user information and a credit score. Based on the financial profile of an applicant and loan qualification criteria obtained for each of a set of lenders, whether the applicant qualifies for a loan from each lender may be determined. A qualification response may be provided to the applicant indicating each lender from which the applicant may qualify for a loan. The one or more smart contracts may facilitate the loan approval process and administer the loan with minimal input from the lenders themselves. All information and/or documentation obtained may be recorded to the blockchain.

Some embodiments of the invention provide tools for promoting a user's financial well-being by encouraging positive financial behavior through timely feedback, counseling and instruction. For example, some embodiments of the invention may provide real-time (e.g., in response to a transaction being performed, or in response to the user indicating he/she is contemplating a transaction) useful analysis and advice designed to encourage the type of ongoing financial behavior that leads over time to financial well-being.

The invention provides a self-defined financial statement generation system which comprises a template configuration unit, a computational formula unit, an interactive unit, a financial statement generation unit and a storage unit. The self-defined financial statement generation system has the advantages that functions of data acquisition, computation, verification and the like of financial statements can be achieved in a configurable mode through customization of statement classification, template forms, statement forms and computation and verification formulas, so the statement forms can be rapidly self-defined to carry out data acquisition, the universal demands of different financing institutions which are faced with the problems that the statement forms are various, the computation and verification formulas are complex and high in variability in the financial data acquisition process are effectively met, integrity of enterprise financial statement data is guaranteed and quality of the data is improved; users can summarize and estimate financial conditions and operating results of enterprises, and the self-defined financial statement generation system plays significant roles in avoiding operational risks, financial disks and the like.

A system, method and software tool to measure and manage financial status. The tool produces a spreadsheet that summarizes the position of an individual or small business user by integrating net worth data with cash flow data and tracking against financial goals. These data are retrieved by linking with popular financial, tax preparation and budgeting software and the user's financial data stored on secure websites. The tool provides government statistics matched to the user to present a comprehensive financial position, comparing the user's position with similar households. The method integrates analysis of assets and liabilities with cash flow and assists the user in setting goals to achieve financial independence. The system supplies the user with written material explaining concepts of integrating net worth and cash flow, the software tool and access to a social networking website for exchange of ideas relating to wealth and cash flow measurement and management.

An improved method of funding and delivering benefits to the retired participants of a defined benefit pension plan. The method does this by having the plan purchase cash value life insurance with respect to each retired plan participant, and then entering into separate agreement(s) with institutional third parties to exchange a portion of the future death benefits from those policies for periodic cash payments that could be used to make pension benefit payments to plan participants as they become due. Such modified funding and delivery mechanism could result in significant cost savings to the defined benefit plan as it may be able to deliver more benefits per dollar of contribution to plan assets, thereby improving the financial health and prospects of the defined benefit plan, while also offering sufficient profit potential to other third parties to induce them to play a necessary role in the funding and delivery of plan benefits.

A method and system for providing and activating a credit card and credit line to a consumer. In one embodiment, the system and method include providing the consumer with a choice of one credit card from a plurality of cards. In response to the consumer's selection of one of the plurality of credit cards, an immediate authorization request is made for the credit card from an authorization source, such as a mobile telephone, kiosk, cash register, or credit card transaction device. Upon transmission of the authorization request, a rapid approval or disapproval is made based upon the applicant's financial status. This status may include the existence of an open bank account, such as a checking or savings account, or other credit worthiness indicia, such as prior business history with the lender and prior credit history. Once activated, the credit card may be used to purchase goods and services.

The invention discloses a personal financial management system which comprises a user operation module, a personal income and expenditure management module, a personal investment management module, a report generation module, a financial planning module and a reminding module, wherein the user operation module is used for a user to input user a name and password login system to input relevant financial data; the personal income and expenditure management module is used for managing daily income and expenditure information of the user; the personal investment management module is used for managing information of income from investment of financial products of the user; the report generation module is used for generating various financial reports to know about the current financial status of the user; the financial planning module is used for generating a future financing plan and calculating a simulated result; the reminding module is used for reminding the user of various financial deadlines and financial operations going beyond the financing plan. With the adoption of the personal financial management system, the user can master the current financial status to achieve the balance of income and expenditure and can draw up a reasonable financing planning on the basis of the current property status and the financial goal.

Tracking account positions in a real-time payments system is provided. Each of a plurality of participants is linked to a funding agent account via an ACH network, thereby creating a plurality of linked participants. Each of the plurality of linked participants is provided access to a current prefunded position of the funding agent through the ACH network. An unsettled financial position of each of the plurality of participants is compared to the current prefunded position of the funding agent. A determination is made whether to perform a financial settlement for a corresponding one of the plurality of participants based on the comparison. The financial settlement for the corresponding participant is performed when it is determined that the unsettled financial position of the corresponding participant is not greater than the current prefunded position of the funding agent.

Users of a simulator gain skills for investing using a simulator. The simulator simulates a business system that conducts a market transaction. The simulator selects a set of factors from a plurality of sets; selects a current factor from the selected set; and determines a price in accordance with the current factor. The simulator further updates a financial position of the user of the simulator in response to a transaction; and performs the transaction in accordance with the price and an input from the user. The input from the user corresponds in content to an input to the business system. Consequently, the user develops skill in specifying market transactions to be conducted by reviewing changes in the user's financial position. The simulator may include a simulated competitor having a financial position affected by transactions according to a strategy of the competitor selected from a set of stored strategies.

The embodiment of the invention relates to a method and a system for visually presenting financial data, wherein, the method comprises the following steps: obtaining financial report data of an economic entity, wherein, the financial report data comprises a consolidated asset liability report, a consolidated profit report and a consolidated cash flow report; Extracting the financial characteristics of each report in the financial report data, selecting a matching visual chart template according to the types of each report, and drawing the extracted financial characteristics in the selected matching visual chart template; Analyzing and judging the financial position of the economic entity according to the completed visual chart, the financial position including at least the asset liabilitystructure, the capital structure, the borrowing capacity, the solvency capacity, the income cost structure, the profit quality, the profitability, the development capacity, the cash flow structure quality and the operating capacity. The technical proposal provided by the application can quickly and efficiently recognize the structural characteristics of the financial data of the economic entity and the financial health degree.

Systems and methods for optimizing wealth are provided herein. Exemplary methods for analyzing financial well being of a client may include generating a financial profile for an client via a web server, selecting one or more grids for displaying at least a portion of the financial profile, the grid including one or more sectors, each of the sectors corresponding to one of the plurality of strengths, filling a sector with an indicator, filling a sector with an indicator, the indicator including a calculation of a strength level for the strength associated with the sector; and providing at least one of the one or more grids to a display device associated with a computing system that is communicatively coupled to the web server.

The invention discloses a personal financial management system which comprises personal bills, financial situation display module and a financial analysis module. The personal bills comprise a current assets bill, an investment income bill and a liabilities bill and is inputted into the financial situation display module through a scanning device; the financial analysis module comprises an inputting device, a database and a financial statement generation device; one end of the inputting device is connected with the financial situation display module, and the other end is connected with the database and the financial statement generation device in sequence. Due to the mode, the personal financial management system can reflect the personal daily financial situation intuitively so that a clear instruction for the future reasonable financial planning can be made and the personal financial management consciousness can be improved.

A method includes training multiline insurance agents on having a conversation with the insured for discovering the insured's financial situation and risks by creating a visual diagram of the insured's financial situation and risks. The diagram includes the insured's name at the center of the visual diagram including an income box of the insured's household income. A family box is drawn from the income box with a family tree of the insured's family thereunder. An assets box is drawn from the income box with an asset listing of the insured's listing thereunder. A listing of risks is drawn at the bottom of the visual diagram. A box is drawn around the insured's name, the income box, the family box with the family tree, and the assets box with the asset listing, where the bottom of the box provides a boundary between the listing of risks and the family box and assets box.

The invention relates to the technical field of financial management, in particular to an expense control method based on financial budget management, and aims to solve the problem that financial resources cannot be finely distributed, assessed and controlled at present. The expense control method comprises the following steps: presetting a plurality of budget roles and budget authority corresponding to each budget role, wherein the budget roles at least comprise declaration personnel and a plurality of auditing personnel of different levels; enabling the declaration personnel to input budget information; enabling the auditor to perform business accounting on the budget information, and determine required cost control content after layer-by-layer approval, wherein the cost control content at least comprises control intensity, control time period, control stage and control dimension; and adjusting or adding the budget information according to the budget change rule. According to the invention, refined budgeting according to preset budgeting subject information of preset categories such as platforms, special items and projects is realized, and integrated budgeting can reflect budgeting conditions related to cash revenue and expenditure, operation achievements and financial conditions in a planning period in an omnibearing and detailed manner.

The invention provides a financial risk model training method. The method comprises the steps that a training sample set marked with financial risk results is acquired; wherein any training sample is composed of preset financial characteristic indexes of multiple dimensions, and numerical values corresponding to the financial characteristic indexes are determined according to financial data and/or audit data of the enterprise; correcting the initial weight corresponding to the training sample according to a preset cost matrix; wherein the cost matrix is constructed based on loss brought by each misclassification; and inputting the training sample set after weight correction into the financial risk model for training to obtain a trained financial risk model. According to the technical scheme, on one hand, the financial condition of an enterprise can be accurately reflected by determining the financial characteristic indexes of multiple dimensions; and on the other hand, the problem of sample data imbalance can be solved based on cost-sensitive learning, and the accuracy of model prediction is improved.

An interactive graphical system is disclosed for ascertaining a person's or business owner's financial status to aid in financial planning. A display graphically and interactively displays the size of a person's or business owner's assets and locations thereof in real time, the assets comprise at least one of the group: investments, Roth funds, 401k/IRA funds, deferred annuities, non-cash assets, life insurance, disability insurance, and cash reserves. Current strategies in place to meet future goals are evaluated and a processor is provided for calculating surplus or deficit cash flow position due to living expenses, current strategies, and taxes in order to formulate strategies for future goals. Tax implications of current asset locations are also considered as part of the planning process. The result of using this inventive tool is to provide clarity of a person's assets and plans.

The invention discloses a user financial condition prediction method, and the method comprises the steps: obtaining the financial data of each preset data type corresponding to a target user, and generating a target financial feature corresponding to each piece of financial data; on the basis of a federated financial prediction model and each target financial feature, performing financial condition prediction on the target user by combining local financial data corresponding to the target user in the second equipment, and obtaining an initial financial condition prediction result; performing model interpretation aiming at a federated financial prediction model on the initial financial condition prediction result to evaluate the tampering degree of each piece of financial data, and obtaining a tampering degree evaluation result; and on the basis of the tampering degree evaluation result, the federated financial prediction model and each target financial feature, performing secondary financial condition prediction on the target user by combining the local financial data in the second equipment to obtain a target financial condition prediction result. According to the technical scheme, the problem of low accuracy of financial condition analysis is solved.

The invention provides a financial analysis method and device, and relates to the technical field of data processing. The method comprises the following steps: determining a target company, and then obtaining industry attributes of the industry where the target company is located and financial data of the target company through technologies such as big data cloud computing; determining a financialanalysis model corresponding to the target company according to the industry attributes, wherein the financial analysis model can accurately analyze the financial condition of the target company; andperforming financial analysis on the target company according to the financial data and the financial analysis model, and obtaining a financial analysis report. According to the process, the relateddata of the target company is quickly acquired through technologies such as big data cloud computing, and financial analysis is performed by applying a professional financial analysis model, so that the financial analysis efficiency is improved, and meanwhile, the labor cost is reduced.

The invention discloses a stock scoring method and platform. The method comprises the steps of generating operation status data corresponding to a stock according to internet records of network usersand generating a stock score corresponding to the stock according to the operation status data and pre-acquired financial index data corresponding to the stock. The method has the beneficial effects that the stock can be scored on the basis of the financial situation and the actual operating status of a listed company; the scoring dimension is diverse and the scoring results are accurate; the analysis efficiency is improved; and a high model preparation rate is provided.