MNPI Management System Using Overlay Network Segmentation
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Solution Overview
Problem
Existing systems fail to adequately protect material non-public information (MNPI) from premature disclosure, compromising the financial system and disenfranchising a segment of the population from investment activities.
Innovation Solution
A system that includes a database with a restricted area on an overlay network requiring special credentials, where MNPI documents are encrypted and stored until a predetermined time, then unencrypted and published simultaneously, reducing human interaction and ensuring secure, timely publication.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Ease of operation
If MNPI documents are stored in accessible locations for easy retrieval, then ease of operation is improved, but security is worsened allowing premature access
Solution Approach 1:
The database is segmented into a restricted area and an unrestricted area. The restricted area stores encrypted MNPI documents and requires special credentials for access, while the unrestricted area stores unencrypted documents for public access. This segmentation allows the system to provide easy retrieval for authorized users while maintaining security against unauthorized access.
Solution Approach 2:
An overlay network acts as an intermediary layer between the restricted database area and the public network. This intermediary provides controlled access to MNPI documents, enabling easy retrieval for authorized users while preventing premature or unauthorized access from the public network.
2Adaptability or versatility
If manual publication processes are used for MNPI, then flexibility is improved, but productivity is worsened due to human interaction requirements
Solution Approach 1:
The system implements automated publication processes where the database automatically transfers encrypted MNPI documents to the unrestricted area at predetermined publication times without requiring manual human intervention. This self-service mechanism maintains flexibility in scheduling while dramatically improving publication efficiency and reducing human interaction requirements.
Solution Approach 2:
The system performs preliminary encryption of MNPI documents and schedules their publication in advance. By preparing documents for publication beforehand and automating the transfer process at predetermined times, the system achieves both flexibility in planning and high efficiency in execution without last-minute manual operations.
3Device complexity
If MNPI is disclosed all at once, then simplicity is improved, but loss of information is worsened due to premature public availability
Solution Approach 1:
The system applies preliminary encryption to MNPI documents before making them accessible, and controls the timing of decryption and publication. This preliminary protective action prevents premature information availability while maintaining a relatively simple disclosure process. The encryption acts as a preventive measure that is automatically reversed at the appropriate publication time.
Data Source
AI summary
A system for managing and publishing material non-public information (MNPI) over a communications network includes a database including a restricted area configured for storing MNPI documents, the restricted area located on an overlay network that requires special credentials to access, a web server for receiving the plurality of MNPI documents over the communications network, encrypting MNPI documents and storing the MNPI documents that were encrypted in the restricted area, at a predetermined time, unencrypting the MNPI documents and storing the MNPI documents that were unencrypted in an area of the database that is not restricted, generating and publishing a web page that is publicly available over the communications network, wherein the web page includes a separate link to each MNPI document that was unencrypted and wherein the web page is located on a web site of a company.