KR20050024834A - Auction system for a finance deposit merchandise and method therefor - Google Patents

Abstract

PURPOSE: A system and a method for auctioning financial goods through the Internet are provided to smoothly realize the EC(Electronic Commerce) by resolving troublesomeness that a seller and a bidder directly evaluate a current value of the financial goods, as an estimated price section is offered by calculating the current value of the auctioned financial goods. CONSTITUTION: Terminals(111-115) offer a user interface to request auction or bid of the financial goods through a browser connecting to the network. An interest rate database(165) stores interest rate data of installment saving goods, and information for midterm cancellation interest rate/commission. An auction goods database(163) registers the installment saving goods with basic information including nominal price, contracted interest rate, and an expiration date, and bidding information. An auction operation server(140) registers the requested installment saving goods as the auctioned financial goods and advances the auction for the auctioned financial goods. A value calculating server(150) evaluates the current value of the auctioned financial goods by referring to the basic information and the interest rate data.

Description

AUCTION SYSTEM FOR A FINANCE DEPOSIT MERCHANDISE AND METHOD THEREFOR}

The present invention relates to a financial product auction system and method, and more particularly, auction method before the expiration date for products specified in the transaction terms, such as periodic deposits and periodic payments among financial products sold by financial institutions such as banks, etc. The present invention relates to a financial product auction system and method for enabling electronic commerce.

In general, financial instruments, such as periodic deposits and periodic payments, which have a contract term, offer relatively high interest rates when compared to other financial instruments. It is widely used as a financial tool for raising money.

However, periodic financial instruments such as the periodic deposits and periodic payments receive only very low interest rates if they are terminated before the expiration date. In other words, if you look for periodic deposits and periodic payments after the maturity date, you can receive interest at a high interest rate, but if you cancel before the maturity date, you will receive only a very low interest rate. It has the property of losing money.

On the other hand, Korean Patent Laid-Open No. 2001-0046165 describes the characteristics of periodic financial products as described above to support the transfer of the name of financial products between auctioneers and successful bidders by auctioning the periodical / periodic deposits subject to termination. A method for auctioning periodic / periodic deposits using the Internet has been proposed.

The auction method of the hoho, the first process of transmitting the initial guide screen when the customer is connected and determines whether the member, the second process of joining the member if not a member in the first process, the first process A third process for selecting an auction / bidding when the member is a member of or in the second process, and inputs product information and auction conditions to be attached to the auction when selecting an auction in the third process A fourth step of storing information and auction conditions as a database, a fifth step of checking details of the selected product in the case of selecting a bid in the third step, determining whether to participate in a bid, and participating in a bid in the fifth step In the case of applying for a sixth step to input the bid details and to store the entered bid details as a database, the data bay in the fourth step And a seventh process of searching for and displaying the standardized bidding information and the auction conditions and the bidding data set in the sixth process, setting and notifying the bidder, and then constructing and storing an auction completion database.

Looking at the effects claimed in the same issue, by using the Internet to place commodities such as periodic deposits and periodic deposits at the auction, and bidding them, the auctioneer has minimal damage to commodities such as periodic deposits and periodic deposits that he has paid It can be passed on to bidders, and it is claimed that the bidders gain a lot of profits in a short period of time and multiply their assets.

However, the above-mentioned conventional periodical / periodic deposit auction method has a variety of difficulties for the general public, rather than a financial expert to conduct the auction.

In detail, in order to bid in an auction, an appropriate current valuation of the financial instrument must be preceded. Since the interest rate varies depending on the subscription time even for the same financial instrument, the interest rate at the time of subscription and the interest rate at the time of subscription are considered together. There are many variables, such as the amount received at the expiration of a financial instrument and the amount received at the termination of the financial instrument. Therefore, it is difficult to perform the valuation of the financial instrument by non-financial experts.

As described above, the valuation of the auction financial product is very difficult, but in order to bid in the auction must be carried out, the error in the valuation had a fatal problem that may incur financial losses to the auction bidder.

The present invention has been proposed in order to solve such a conventional problem, and calculates the present value of the auction financial products in the mediation services of the auction financial products through a communication network, such as the Internet, to obtain an appropriate estimated price range. The purpose is to eliminate the hassle of auctioneers and bidders to directly evaluate the present value of the auction financial products to facilitate smooth e-commerce.

In one aspect of the present invention for realizing the above object, a system for providing an auction service for a periodic financial product through a data communication network includes an auction request for the periodic financial product through a browser accessible to the network; A terminal providing a user interface for making a bid request, an interest rate database in which interest rate data of the term financial instrument, a termination rate and a termination fee information are stored in a database, and the term financial instrument is denominated according to the auction request The auction product database, which is registered as an auction financial product together with basic information including an amount, contract interest rate, and an expiration date, and stores bidding information based on the bid request for the auction financial product, is stored in a database; With basic information An auction management server that registers auctioned periodic financial products as the auction financial products and performs bidding on predetermined auction financial products among auction financial products stored in the auction database according to a bid request through the terminal; And a value calculation server for evaluating a present value of the auction financial product and providing the terminal to the terminal by referring to the basic information of the auction financial product and the auction financial product requested for the auction and the interest rate data stored in the interest rate database.

In another aspect of the present invention, a method of providing an intermediary service based on an auction method of a periodic financial product through a data communication network includes: databaseing interest rate data, a terminated interest rate, and a terminated fee information of the periodic financial product; Obtaining basic information including the par value, contract interest rate, and expiration date of the periodic financial product that is requested to be auctioned, and referring to the basic information of the financial product and the database rate data Calculating a value and providing the value through the network; and registering an auction financial product as an auction financial product when an auction condition including an auction period and an initial bid price is input through the network.

There may be a plurality of embodiments of the present invention. Hereinafter, preferred embodiments will be described in detail with reference to the accompanying drawings. This embodiment allows for a better understanding of the objects, features and advantages of the present invention.

As shown in the block diagram of FIG. 1, the financial product auction system according to the present invention includes an auction management server capable of transmitting and receiving information with a data communication network such as the Internet 120, and the deposit management servers 131 and 133 of various financial periods ( 140, the value calculation server 150, various databases 161, 163, and 165 for providing an auction service, and access to the auction operation server 140 through the data communication network and receive the auction service. It comprises a plurality of terminals (111, 113, 115) with a built-in browser.

The terminals 111, 113, and 115 have a built-in browser that can be connected to the auction operation server 140 through a data communication network such as the Internet 120, and provide a user interface environment in which a user can input auction information or bidding information. As provided, it can be implemented by a general personal computer.

The deposit management servers 131 and 133 are installed in various financial periods and manage the computerized operation of various products including periodic financial products, such as periodic deposits and periodic payments, and interest rate data by product, maturity rate, and termination of periodic financial products. The interest rate and the termination fee information are transmitted to the auction operation server 140 according to a specific cycle (daily, weekly, etc.).

The auction operation server 140 manages the overall operation of the auction service provided to the terminals 111, 113, and 115 through the Internet 120. After registering a free member or a paid member and storing the user information in the database, the user information is stored in the user information database 161, and the financial product that has undergone the auction registration process is stored in the auction product database 163 and registered as an auction product. Interest rate database 165 after receiving and databaseing the interest rate data, periodic termination rate, and termination fee information of periodic financial instruments from the deposit management servers 131 and 133 in a specific cycle (daily, weekly, etc.) Store in

The value calculation server 150 registers the financial information requested from the terminals 111, 113, and 115 by referring to basic information of the periodic financial products requested for auction and interest rate data by product and maturity of the periodic financial products stored in the interest rate database 165. The current value of the product is evaluated and delivered to the auction operation server 140.

In describing the financial product auction process performed by the financial product auction system configured as described above, a case in which the Internet is used as a data communication network will be described in detail below with reference to FIGS. 1 to 3.

First, the auction management server 140 is a product-specific, maturity of the periodic financial products from the deposit management server 131, 133 that manages the computerized operation of various products, including periodic financial products such as periodic deposits and periodic payments in various financial periods Star rate data, the termination rate interest rate, the termination fee information is received in a specific cycle (daily, weekly, etc.) and then databased and stored in the interest rate database 165.

In addition, if the auction operation server 140 is to operate a financial product auction service on a membership system, as in the normal Internet membership registration process, a free member or a paid member is registered and stored in the user information database 161 after database of the user information. do.

Thereafter, when the users access the auction management server 140 through the Internet 120 using the browsers of the terminals 111, 113, and 115, the auction management server 140 displays an initial screen for the auction service of the periodic financial products. To provide (S202).

Users undergo user authentication, such as a normal membership authentication procedure, through an initial screen provided by the auction management server 140, and the auction management server 140, if the current connection is determined to be a valid connection by the registered member, regular financial A screen for selecting an auction or a bid of goods is provided (S204).

When the auction service is selected from the terminals 111, 113, and 115, the auction operation server 140 provides a window for the user to input basic information about periodic financial products that the user wishes to register for auction, and the user inputs the information. Through the window, you enter the basic information of periodic financial products that you want to register for auction. Here, the basic information of the financial instrument refers to the financial institution name, brand name, par value, contract interest rate, maturity date, etc. (S206, S211).

The auction operation server 140 delivers the financial product valuation request message including the basic information of the periodic financial products transmitted from the terminals 111, 113, and 115 to the value calculation server 150 to provide the current value of the financial product. Ask for evaluation. Then, the value calculation server 150 refers to the basic information of the financial products and the interest rate data by product and maturity of the periodic financial products stored in the interest rate database 165, and the current of the financial products requested to be registered from the terminals 111, 113, and 115. The value is evaluated, and the detailed processing performed by the value calculation server 150 is shown in FIG. 3.

The value calculation server 150 extracts basic information such as a financial institution name, a brand name, a par value, a contract interest rate, an expiration date, and the like from the financial product valuation request message transmitted from the terminals 111, 113, and 115. The remaining maturity days of the financial instrument are calculated based on the included maturity date and the current date (S301 to S302).

In addition, the received amount is calculated when the financial instrument is held to maturity as a result of Equation 1 below based on the par value, contract interest rate, and maturity date included in the basic information of the financial instrument (S303).

Next, the value calculation server 150 reads interest rate data for each commodity and maturity of the periodic financial instruments stored in the interest rate database 165, and discounts the calculated maturity receipt amount of the corresponding commodity to the market interest rate of the same or similar product. By calculating the present value (S304). The present value calculation formula is shown in Equation 2 below.

However, in Equation 1 and Equation 2, the maturity and remaining maturity are converted into units of years. That is, 12 months is assigned to 1 and 6 months to 0.5.

Thereafter, the value calculation server 150 calculates the amount of money received upon termination based on the current date by using the product-based and maturity-based termination rates and periodic termination fees of the periodic financial products stored in the interest rate database 165. Here, the termination rate and the termination fee information may be transmitted from the terminals 111, 113, and 115 in the process of acquiring basic information of the auction financial product, but it is more preferable to periodically receive and update the deposit management server 131, 133. (S305).

In addition, the value calculation server 150 calculates an appropriate estimated price range of the auction financial product based on the present value of the corresponding product calculated in steps S304 and S305 and the amount of money received upon cancellation. Preferably, an appropriate estimated price interval is determined over a period greater than the amount received and less than the current value of the product at the time of cancellation (S306).

The result of calculating the appropriate estimated price interval, which is the result of the valuation of the financial product as described above, is transferred from the value calculation server 150 to the auction operation server 140, and the auction operation server 140 transmits the appropriate estimated price interval to the terminal. While providing to (111, 113, 115), and provides a window for entering the auction conditions (S212).

Thus, the auctioneer determines the auction starting price for the auction financial product by referring to the result of calculating the appropriate estimated price interval, and the auction period, the auction starting price, etc. through the auction condition input window provided through the terminals 111, 113, and 115. Enter the auction conditions included (S213).

The terminals 111, 113, and 115 transmit the auction conditions of the auction financial product input through the auction condition input window to the auction operation server 140, and the auction operation server 140 has gone through all the procedures as described above. The financial product is stored in the auction product database 163 and registered as an auction product (S214).

On the other hand, when a bidding service is selected from the terminals 111, 113, and 115 in step S206, the auction operation server 140 provides a window for inputting basic information about periodic financial products that auction bidding is desired, and the user Through the information input window to enter the basic information of the periodic financial products he wants to bid auction. In this case, the basic information of the financial instrument refers to the financial institution name, brand name, par value, contract interest rate, maturity date, etc. (S206 and S221).

Thereafter, the auction operation server 140 compares the basic information input by the bidder with the basic information of the auction financial products registered in the auction product database 163 and extracts the same financial product or similar financial product through the information input window. In operation S222 to S223, the financial product search result is provided through a browser of the terminals 111, 113, and 115.

When the bidder checks the financial product search results provided through the terminals 111, 113, and 115 and selects one of the financial products, the selection signal is transmitted from the browser of the terminal 111, 113, 115 to the Internet 120. It is delivered to the auction management server 140 through, the auction management server 140 provides the appropriate estimated price interval information, such as step S212 so that the bidder can use as a reference in determining the bid amount (S224 ~ S225) ).

When the bidder inputs a bid amount to purchase the financial product by referring to the appropriate estimated price section information, the auction operation server 140 receives the auction registration information of the financial product in the auction product database 163. Store and register (S226 to S227).

In addition, the auction operation server 140 transmits the information on the auction financial product selected by the bidder and the bid amount information input by the bidder to the value calculation server 150 to request to calculate the expected profit for the auction bid.

Then, the value calculation server 150 calculates the expected profits of the auctioneer and the bidder (successful bidder) assuming that the current auction bid is successful, based on the bid information received from the auction management server 140. That is, the result value of subtracting the bid amount from the present value amount calculated in step S304 is calculated as the bidder's profit, and the result value of subtracting the received amount from the bid amount calculated in step S305 is calculated as the auctioneer's profit. will be.

The estimated profit calculation value is transferred from the value calculation server 150 to the auction management server 140, and the auction management server 140 provides the bidder and the auctioneer through the browser of the terminals 111, 113, and 115. (S228).

As described above, the auction financial product registration and bidding process is performed, and the subsequent auction process is the same or similar to the known Internet auction process. On the other hand, the auction operation server 140, if a successful bidder for the auction financial products registered auction is provided through the terminals (111, 113, 115) auction and successful bidder information, and the user information database (161) under instigation ) Extracts the auctioneer and the successful bidder's contact information and personal information and provides the counterpart's information to the auctioneer and the successful bidder. This allows the auctioneer and the successful bidder to conclude the transfer agreement offline, and the successful bidder receives the financial instrument certificate from the financial institution according to a predetermined procedure.

In the above description, but limited to one embodiment of the present invention, it is obvious that the technology of the present invention can be easily modified by those skilled in the art. Such modified embodiments should be included in the technical spirit described in the claims of the present invention.

As described above, the present invention calculates the present value of an auction financial product and provides an appropriate estimated price range in auctioning an electronic commerce by auction method of the financial product through a communication network such as the Internet. It is effective in eliminating the hassles of evaluating the present value of financial products directly, thus enabling smooth e-commerce.

1 is a block diagram of a financial product auction system according to the present invention,

Figure 2 is a flow chart of the auction and bid registration process by the financial product auction method according to the present invention,

Figure 3 is a flow chart of the financial product valuation process by the financial product auction method according to the present invention.

Claims (15)

A system for providing brokerage services by auction method of periodic financial products through a data communication network, A terminal for providing a user interface for making an auction request or a bid request for the periodic financial product through a browser accessible to the network; An interest rate database in which interest rate data of the periodic financial instrument, the termination rate of interest rate and the termination rate information are stored in a database; The periodic financial instrument is registered as an auction financial instrument with basic information including a par value, contract interest rate and an expiration date according to the auction request, and the bidding information based on the bid request for the auction financial instrument is stored in a database. Auction product database, Register and process the periodic financial products requested for auction together with the basic information as the auction financial products through the terminal, and bid on a predetermined auction financial product among the auction financial products stored in the auction database according to the bid request through the terminal. An auction operation server that performs the processing; A value calculation server that evaluates the present value of the auction financial product and provides the terminal to the terminal by referring to the basic information of the auction financial product requested by the auction or the bid and the interest rate data stored in the interest rate database. Financial product auction system comprising a. The method of claim 1, And a user information database in which user information for providing the financial product auction service is stored in a database. The method of claim 1, The auction operation server is installed in various financial institutions to receive the interest rate data, the termination rate and the termination fee information of the periodic financial products from the deposit management server that manages the computerized operation of the various products including the periodic financial products in a specific cycle The financial product auction system, characterized in that for updating the interest rate database. The method according to claim 1 or 3, The auction operation server extracts the same financial product or a similar financial product by comparing basic information of the desired financial product input through the terminal according to the bid request with basic information of the auction financial products registered in the auction product database. A financial product auction system, characterized in that to provide a financial product search results through the browser of the terminal. The method of claim 1, The value calculation server is a financial product auction system, characterized in that the present value of the auction financial product is calculated by discounting the maturity receipt amount of the auction financial product by the market interest rate of the same or similar products. The method of claim 5, wherein The present value of the auction financial instrument is (However, the remaining maturity is converted into years.) Or financial product auction system, characterized in that calculated using the equation. The method according to claim 1 or 5, The value calculation server calculates the amount of money available for cancellation upon the current date based on the basic information of the auction financial instrument and the rate of cancellation and the amount of cancellation fee. A financial product auction system, characterized in that for calculating the expected price interval of the auction financial product to provide to the terminal. The method of claim 7, wherein The expected price section is a financial product auction system characterized in that it is determined over a period greater than the amount received and less than the present value at the time of cancellation. A method of providing a brokerage service by auction method of periodic financial products through a data communication network, Databaseing interest rate data, the termination rate, and the termination fee information of the periodic financial instrument; Obtaining basic information including the par value, contract interest rate and expiration date of the periodic financial instrument requested for auctioning; Calculating the present value of the requested financial auction product through the network by referring to the basic information of the financial product and the database rate data; Registering the auction requested financial product as an auction financial product when an auction condition including an auction period and an initial auction price is input through the network; Financial product auction method comprising a. The method of claim 9, Obtaining basic information including the par value, contract interest rate, and expiration date of the periodic financial instrument for which the auction is to be bidded; Comparing the basic information of the bidding hope basic information with the basic information of the registered auction financial product and providing the same or similar financial product search result; When any one of the financial products is selected from the financial product search results, an estimated price section is provided based on the present value calculated by discounting the maturity receipt amount of the corresponding product at the market interest rate of the same or similar product, and upon receipt of the cancellation. Steps, Updating bid registration information of the corresponding auction financial product when bid information for the auction financial product is input; Financial product auction method characterized in that it further comprises. The method of claim 10, The expected price section is a financial product auction method characterized in that the determined over a period greater than the amount received and less than the present value when the cancellation. The method of claim 10, And calculating and providing expected returns of auctioneers and bidders based on the bidding information. The method of claim 9, The present value calculating step may include extracting basic information including the par value, contract interest rate and expiration date of the auction financial instrument; Calculating a received amount when the financial instrument is held to maturity based on the par value, contract interest rate, and maturity date; Calculating the present value by discounting the calculated maturity receipt amount of the corresponding product by the market interest rate of the same or similar product; Financial product auction method comprising the. The method of claim 13, Calculating the remaining maturity days of the auction financial product on the basis of the maturity date and the current date included in the extracted basic information; Calculating a receivable amount when the cancellation is made on the basis of the current date of the auction financial product using the cancellation rate and the cancellation fee; Calculating and providing an expected price section of the auction financial product based on the calculated present value and the amount received upon termination Financial product auction method characterized in that it further comprises. The method according to any one of claims 10, 13 and 14, The present value of the auction financial instrument is (However, the remaining maturity is converted into years.) Or financial product auction method characterized in that it is calculated using the equation.