Supplemental Data Reporting Using Nested User Entities
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Solution Overview
Problem
Computer systems face challenges in providing transparent and efficient reporting for transactions of representative accounts, as the use of aggregate user reporting entities can lead to a lack of transparency for providers, making it difficult to assess the nature of actions and meet reporting requirements while maintaining confidentiality of individual users.
Innovation Solution
A system is developed that generates supplemental data reports based on transaction records and operational attributes, allowing for partial transparency into operational attributes associated with transactions, thereby enhancing the ability of fund companies to assess liquidity conditions and meet regulatory obligations.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Device complexity
If an aggregate user reporting entity is used to represent multiple users, then the number of user reporting entities to maintain is reduced, but transparency into individual user actions and operational attributes is lost
Solution Approach 1:
The patent segments the aggregate reporting entity into multiple individual user reporting entities, each with their own operational attributes. This segmentation allows the system to maintain detailed information about each user's actions while still providing aggregated reporting capabilities, thus resolving the contradiction between reducing entity complexity and maintaining information transparency.
Solution Approach 2:
The patent implements a nested structure where individual user reporting entities are contained within the aggregate reporting entity. Each user entity maintains its own operational attributes and action records, while being part of the larger aggregate structure. This nesting allows both individual-level transparency and aggregate-level simplification to coexist.
2Loss of information
If detailed operational attributes of individual users are tracked, then transparency and reporting capability are improved, but the complexity of managing user recording entities increases
Solution Approach 1:
The patent creates user reporting entities that serve multiple functions: they can operate independently as individual user records and simultaneously be aggregated into the aggregate reporting entity. This multi-functionality allows the system to maintain detailed operational attributes without proportionally increasing management complexity, as the same structural elements serve both individual and aggregate reporting needs.
Data Source
AI summary
A supplemental data report generation device may interface with one or more databases to generate a supplemental data report document for reporting actions of an aggregate user reporting entity. The device may retrieve a set of criteria for the supplemental data report, such as a set of items to be covered by the report, an action property, and a reporting rule based on the action property. The device may review action records stored in a record data store and identify actions that have the action property. Operational attributes associated with the plurality of actions may be identified through the action records. The device may use the operational attributes associated with the action records to determine if they are subject to the reporting rule, and these actions may be included in the supplemental data report.