JPH06295300A - Funds operation management device - Google Patents

Abstract

PURPOSE:To realize quick sale/punchase ordering and settlement and to prevent the occurrence of erroneous sale/purchase due to erroneous input by providing a funds operation management device with a portfolio consideration means and a sale/purchase ordering and setting means. CONSTITUTION:The latest market price data transmitted from a data base presenting enterprise is stored in a data storage means 1, and an optimum portfolio is calculated based on the stored data by a portfolio consideration means 3; and when a profit larger than a desig nated profit is obtained, an operator is informed of it. A sale/purchase ordering means 17 executes sale/ purchase ordering to financial facilities based on the consideration result of the portfolio search means 3; and when sale/purchase and accepted, the price is paid for by a settlement means 19. That is, since ordering of sale/purchase of commodities and the consideration can be performed based on the portfolio searched by the portfolio consideration means 3, ordering of sale/purchase is quickly executed, and it is unnecessary for the operator to input ordering data.

Description

Detailed Description of the Invention

[0001]

BACKGROUND OF THE INVENTION 1. Field of the Invention The present invention relates to a fund management system used by individuals or corporations for fund management.

[0002]

2. Description of the Related Art FIG. 9 is a network configuration diagram of a conventional fund management system. Reference numeral 200 denotes a fund management device for individual or corporate users, and the fund management device 20.
0 is connected to a host computer 202 of a database providing company or the like via a line network 201. Reference numeral 203 denotes an individual or corporate user's purchase / sale order / settlement device, and the sale / sale order / settlement device 203 is connected to a host computer 205 such as a financial institution via a network 201.

The conventional fund management system is configured as described above, receives data from a database providing company, formulates or modifies a portfolio by the fund management device 200, and an operator buys or sells based on the formulation or modification result. A trading order was made to a financial institution by keying in the order / settlement device 203.

[0004]

However, in the conventional fund management system, since the fund management apparatus 200 and the trading order / settlement apparatus 203 are independent devices, the trading order / settlement is performed based on the result of portfolio formulation or modification. It takes time to enter a key into the device 203, and although a real-time data is being provided from a database providing company, a time lag occurs before a trading order is actually settled and a loss occurs. I have something to do. In addition, it takes time and labor for a person to make a trading order and make a settlement by looking at the data for formulating or modifying the portfolio, and there is a possibility that an input error may occur. Further, since each parameter is changed by the operator himself when the portfolio is created and modified, there is a problem that it takes time to create and modify the portfolio.

The present invention has been made to solve the above problems, and enables quick trading order and settlement based on the market price data provided by the database providing company, and at the same time eliminates trading errors due to input errors. The purpose is to obtain a fund management device that does not occur.

[0006]

A fund management apparatus according to the present invention performs a portfolio formulation calculation based on data storage means for storing data necessary for fund management and data stored in the data storage means. It is provided with a portfolio formulation means for formulating a portfolio, and a purchase / sale order / settlement means for performing a purchase / sale order and settlement for a product based on the formulation result of the portfolio formulation means.

Further, the portfolio which has already been established is read out, and the portfolio correction simulation calculation is performed based on the data stored in the data storage means.
It is equipped with a portfolio modification means for modifying the portfolio.

Further, there is provided a parameter changing means for successively changing the parameters of the calculation formula and repeating the portfolio formulation calculation or the portfolio correction simulation calculation until the condition given in advance is satisfied.

Further, a predetermined time limit is set for portfolio formulation, and a timer means for stopping portfolio formulation when the time limit is exceeded, and a plurality of portfolios satisfying a condition given in advance within the time limit are formulated. In the case of the above, a portfolio list display means for displaying a list of a plurality of established portfolios, and a portfolio selection means for selecting one or a plurality of portfolios from the portfolios displayed by the portfolio list display means are provided. Is.

[0010]

[Operation] The data accumulating means accumulates data necessary for fund operation management. The portfolio formulation means performs portfolio formulation calculation based on the data accumulated in the accumulation means to formulate the portfolio. The purchase / sale order / settlement means makes a purchase / sale order and settlement for the product based on the result of the formulation by the portfolio formulation means.

Further, the portfolio correction means reads out the portfolio that has already been established, performs the portfolio correction simulation calculation based on the data stored in the data storage means, and corrects the portfolio.

Further, the parameter changing means successively changes the parameters of the calculation formula until the condition given in advance is satisfied, and repeats the portfolio formulation calculation or the portfolio correction simulation calculation.

The timer means sets a fixed time limit for portfolio formulation, and stops the portfolio formulation when the time limit is exceeded. The portfolio list display means displays a list of a plurality of created portfolios when a plurality of portfolios satisfying a given condition are created within the time limit. The portfolio selection means selects one or a plurality of portfolios from the portfolios displayed by the portfolio list display means.

[0014]

DESCRIPTION OF THE PREFERRED EMBODIMENTS FIG. 1 is a block diagram showing the configuration of a fund operation management device of an embodiment of the present invention, and FIG. 2 is a hardware configuration diagram of a fund operation management device 20 of this embodiment. In FIG. 1, 1 is a data accumulating means for accumulating the latest market price data and established portfolio information which are transmitted from the database providing company on a regular basis or in real time, 3 is a portfolio establishing means, and the portfolio establishing means 3 is a data accumulating means 1 It is equipped with a function to calculate the optimal portfolio based on the latest data accumulated in, and notify the operator when a profit exceeding the specified value is obtained under a certain risk. Reference numeral 5 is a portfolio correction means. The portfolio correction means 5 performs a portfolio correction simulation calculation based on the prepared portfolio information registered in the data storage means 1 and the latest market price data, and performs portfolio correction from future market forecasts and fee calculation. It is equipped with a function to notify the operator when a profit exceeding the specified amount is obtained when the program is executed.

Reference numeral 7 denotes a parameter changing means, and the parameter changing means 7 sequentially changes a predetermined parameter in accordance with a predetermined rule at the time of portfolio formulation or correction calculation. Reference numeral 9 is a timer means for setting a fixed time limit for portfolio formulation or revision, and for stopping the portfolio formulation or revision when the time limit is exceeded. Reference numeral 11 is a portfolio list display means for displaying a list of a plurality of portfolios created when a plurality of portfolios are created. 13 is a portfolio list display means 11
It is a portfolio selection means that enables selection of one or a plurality of portfolios from a plurality of portfolios displayed by.

Reference numeral 15 is a switching means for switching between the portfolio formulation means 3 or the portfolio correction means 5 and the trading order means described later. Reference numeral 17 is a buy / sell order means, and the buy / sell order means 17 executes a buy / sell order to a financial institution on the basis of the formulation result of the portfolio formulation means 3 or the modification result of the portfolio modification means 5. Reference numeral 19 is a settlement means for settlement of the price after the sale is completed.

In FIG. 2, reference numeral 21 is a processor for performing arithmetic processing, 23 is a display device such as a CRT, 25 is a keyboard for an operator to input data and the like, 27 is a disk device for storing data and the like, and 29 is for execution. A storage device for storing programs and data, and a communication unit 31 for communicating with host computers of database providing companies and financial institutions. The data storage unit 1 is realized by the processor 21, the communication unit 31, and the disk device 27, and the portfolio formulation unit 3, the portfolio correction unit 5, the purchase / sale order unit 17, and the settlement unit 19 are programs stored in the storage unit 29. Processor 21
Is realized by executing calculation.

FIG. 3 is a network configuration diagram of a fund operation management system using the fund operation management apparatus of the present invention. The point different from FIG. 7 showing the conventional network configuration is that the host computer 202 of a database providing company or the like.
And a host computer 205 of a financial institution or the like are both connected to one fund management apparatus 20. Figure 4
3 is a flowchart of a process of the fund operation management device 20 according to the present invention. The flow of processing will be outlined based on FIGS. 1 to 4.

The fund operation management device 20 operates for 24 hours, and the data storage means 1 stores in the disk device 27 the latest market price data or the like transmitted from the host computer 202 of the database providing company on a regular basis or in real time (S1). ). When a screen display instruction is given by the operator, a selection screen for portfolio formulation or portfolio modification is displayed on the display device 23 (S3). When the operator selects portfolio formulation (S5),
A portfolio formulation routine is executed (S7). If the operator selects portfolio correction in the determination of S5, the portfolio correction routine is executed (S9). The contents of the portfolio formulation or portfolio modification routine will be described later.

When the portfolio formulation or the portfolio modification routine is executed, and a profit more than the designated value is obtained, a list of portfolios as the execution result is displayed on the display device 23, and the operator waits for selection (S).
11). When the operator selects the portfolio that he or she has determined is the best from the displayed portfolio,
The switching means 15 switches the mode to the trading instruction mode (S13). If there is an operator's instruction to execute trading (S
15), the purchase / sale ordering means 17 orders the order data (type of product,
The sales order is executed by transmitting (quantity) to a financial institution (S17). When the data is transmitted to a financial institution and the sale is completed, the settlement means 19 performs settlement processing (S19). When the settlement is completed, the data storage unit 1 stores the formulated or modified portfolio in a predetermined area (S21), and the process ends.

FIG. 5 is a flowchart of the portfolio formulation routine. The process of the portfolio formulation routine will be described with reference to FIG. When portfolio formulation is selected in the process shown in FIG. 4 (S in FIG.
5), the condition input screen 1 is displayed on the display device 23 (S
51). An example of the display of the condition input screen 1 is shown in FIG. When the operator inputs the condition shown on the condition input screen 1 (S53), the portfolio formulation means 3 extracts the corresponding issue by the covariance analysis method or the like based on the input condition (S55). The portfolio formulation means 3 determines whether or not the designated number of relevant brands has been extracted (S57), and when the designated number of brands have been extracted, the brand is displayed on the display device 23 (S59).

If there is not more than the designated number of corresponding brands in the judgment of S57, the timer means 9 judges whether or not it is within a predetermined time (S61), and if it is within the time, the parameter changing means. 7 changes parameters (α value, β value, etc. of the condition input screen 1) by a predetermined method (S63). Then, the portfolio formulation means 3 extracts the brand again based on the changed parameters (S55). If the time limit is exceeded in the determination of S61, the process returns to the market price data receiving step (S in FIG. 4).
1). This is because the market price data is changing with the passage of time, and the stock extraction based on the market price data after a certain period of time does not reflect the current market price. In addition, the parameter is changed by sequentially changing the constant value specified in advance for each parameter on the basis of the value input in S53.

The stocks satisfying the conditions of the condition input screen 1 are displayed (S59), and the operator selects a stock to be incorporated into the portfolio from the displayed stocks (S6).
5), the condition input screen 2 is displayed on the display device 23 (S
67). An example of the display of the condition input screen 2 is shown in FIG. When the operator inputs the conditions shown on the condition input screen 2 (S69), the portfolio formulation means 3 performs optimization calculation by quadratic programming or the like based on the input conditions (S71). When the optimization calculation is completed, the portfolio formulation means 3 judges whether there is a combination of stocks having a desired condition or more (S73), and if there is a combination, the portfolio list display means 11 displays the stock combination group as a display device. No. 23 is displayed (S75).

If there is no combination of brands that exceeds the desired conditions in the determination of S73, the timer means 9 determines whether or not it is within a preset time (S77), and if it is within the time, the parameter is changed. The means 7 is a parameter (desired return value, desired risk value, etc. on the condition input screen 2)
Is changed by a predetermined method (S79). And
Based on the changed parameters, the portfolio formulation means 3 performs optimization calculation again (S71). When the time limit is exceeded in the determination of S77, the process returns to the market price data receiving process (S1 in FIG. 4). This is for the same reason as described above in the relevant brand extraction. In addition, the parameter is changed by sequentially changing a predetermined value for each parameter based on the value input in S67. Through the above processing, the stock combination group is displayed on the display device 2
3 (S75), S1 shown in FIG. 4 is displayed.
The process proceeds to step 1.

FIG. 8 is a flowchart of the portfolio modification routine. The process of the portfolio correction routine will be described with reference to FIG. When portfolio modification is selected in the process shown in FIG. 4, (S in FIG.
5) A list of registered established portfolios is displayed on the display device 23 (S101), and when the operator selects a portfolio to be modified (S103), the current market price of the selected portfolio is displayed. The profit or the like is calculated based on the data, and the result is displayed on the display device 23 (S105).

When the profit based on the current market price data is displayed, the operator determines whether the portfolio needs to be revised, and if it is determined that the portfolio needs to be revised, the operator requests the revision from the keyboard. . When there is a correction request (S107), a correction condition input screen is displayed (10
9), wait for condition input from the operator (S111).
The above processing is performed by the portfolio correction means 5. After that, the portfolio correction simulation calculation basically similar to the portfolio formulation processing (S51 to S75 in FIG. 5) shown in FIG. 5 is executed (S113),
A new brand combination group that satisfies the specified conditions is displayed on the display device 23.
(S115), the S1 shown in FIG. 4 is displayed.
The process proceeds to step 1.

In the above embodiment, when the combination of the stocks satisfying the desired condition or more is established as a result of the portfolio formulation or modification, the operator is informed and the trade is executed while waiting for the operator's instruction. For example, when the given condition is satisfied, the operator may not be notified and the trading instruction and the settlement may be automatically performed.

[0028]

As described above, according to the present invention, 1
A portfolio management method and a purchase / sale order / settlement method are provided on each cash management device, and it is possible to place sales orders and settlements for products based on the portfolio prepared by the portfolio management method. Can be done quickly, and the risk of market fluctuations over time can be reduced. Further, since the operator does not need to input order data when ordering a product for sale, an input error does not occur.

Further, since the portfolio correction means is provided, it is possible to judge whether the established portfolio satisfies a certain condition with respect to the current market price.

Further, since it has both functions of a portfolio formulation means and a portfolio modification means, optimum fund management can always be performed.

Further, since the parameter changing means is provided and the parameters are sequentially changed to repeat the portfolio formulation calculation or the portfolio modification simulation calculation, the portfolio formulation or modification can be performed quickly.

[Brief description of drawings]

FIG. 1 is a block diagram showing a configuration of a fund operation management device according to an embodiment of the present invention.

FIG. 2 is a hardware configuration diagram of a fund operation management device 20 according to an embodiment of the present invention.

FIG. 3 is a network configuration diagram of a fund management system using the fund management apparatus of the present invention.

FIG. 4 is a flowchart of a process of the fund operation management device according to the present invention.

FIG. 5 is a flowchart of a portfolio formulation routine.

FIG. 6 is a diagram showing an example of display of a condition input screen 1 of the fund management apparatus according to the present invention.

FIG. 7 is a diagram showing an example of display of a condition input screen 2 of the fund operation management device according to the present invention.

FIG. 8 is a flowchart of a portfolio correction routine.

FIG. 9 is a network configuration diagram of a conventional fund operation management system.

[Explanation of symbols]

 1 Data Storage Means 3 Portfolio Formulating Means 5 Portfolio Modifying Means 7 Parameter Changing Means 9 Timer Means 11 Portfolio List Displaying Means 13 Portfolio Selecting Means 15 Switching Means 17 Trade Order Means 19 Payment Means

Claims (4)

[Claims] 1. A data accumulation means for accumulating data necessary for fund management, a portfolio formulation means for performing portfolio formulation calculation based on the data accumulated in the data accumulation means, and a portfolio formulation means. A fund operation management device, comprising: a sales order / settlement means for performing a sales order and settlement of a product based on the formulation result. 2. A portfolio correction means for correcting a portfolio by reading out a portfolio that has already been established, performing a portfolio correction simulation calculation based on the data accumulated in the data accumulating means. The fund operation management device described in 1. 3. A parameter changing means for repeating the portfolio formulation calculation or the portfolio correction simulation calculation by sequentially changing the parameters of the calculation formula until a predetermined condition is satisfied.
Alternatively, the fund operation management device described in 2. 4. A timer means for setting a fixed time limit for portfolio formulation, and stopping portfolio formulation when the time constraint is exceeded, and a plurality of portfolios satisfying a predetermined condition within the time constraint are formulated. In this case, a portfolio list display means for displaying a list of a plurality of established portfolios and a portfolio selection means for selecting one or a plurality of portfolios from the portfolios displayed by the portfolio list display means are provided. The money operation management device according to claim 1, 2 or 3.