Geographic Transaction Routing for Regulatory Data Segregation
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Solution Overview
Problem
Existing transactional banking systems face challenges in efficiently managing and storing transactional data to comply with varying geographic regulatory requirements due to globalization and the creation of virtualized data centers, leading to complex data management practices.
Innovation Solution
An intelligent geo-tagged data segregation system that automatically routes transactions to localized data stores based on context packets, creating or modifying colonies to meet regulatory demands, using a colonizer demand finder and resolver engine, colony creator/router engine, and colonizer plug-in engine to manage and store data efficiently.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Device complexity
If transactional data is stored in centralized data centers, then data management is simplified, but compliance with varying geographic regulatory requirements becomes difficult
Solution Approach 1:
The patent segments transactional data into geographic colonies, creating separate data storage units for different regions. Each colony stores data specific to its geographic area, enabling independent management and compliance with local regulations without affecting other regions' data
Solution Approach 2:
The patent implements local quality by tailoring data storage and management practices to specific geographic locations. Each colony is configured with local regulatory requirements, currency, and compliance rules, allowing data to be managed according to local conditions rather than a one-size-fits-all approach
2Reliability
If data is segmented by geography to meet regulatory requirements, then regulatory compliance is improved, but data management complexity increases
Solution Approach 1:
The patent creates a universal colony management system that handles multiple functions across different geographic colonies. The system provides standardized interfaces for data routing, storage, and retrieval while adapting to local requirements, reducing the operational complexity despite geographic segmentation
3Reliability
If virtualized data centers are created for each geography, then regulatory compliance is achieved, but operational costs increase
Solution Approach 1:
The patent merges multiple geographic colonies into a unified system that shares infrastructure and management resources. While data is segmented by geography, the underlying computational resources, networking, and management platforms are consolidated, reducing duplicate investments and operational costs compared to fully separate virtualized data centers
Data Source
AI summary
An example computer system for colonizing transactions can include: one or more processors; and non-transitory computer-readable storage media encoding instructions which, when executed by the one or more processors, causes the computer system to: receive a transaction initiated by an originator; automatically route the transaction to a colony based upon a context packet associated with the transaction; and store data associated with the transaction in the colony; wherein the colony satisfies regulatory requirements of a geographic area associated with the transaction.