CN1353842A - Portfolio investment guideline compliance and financial fund administration system - Google Patents

Abstract

A system (1) for portfolio compliance and administration receives data concerning financial instruments that comprise a financial fund from a collection of information sources. Tests are designed and applied to the financial data to confirm that the fund is being managed in accordance with predetermined rules. The user may correct or update the financial data but this history of changes is recorded, allowing a complete audit. The financial data (or any reports based thereon) can be provided to the user in a number of formats (711, 712), such as on a computer display, in a printout or over a global computer network, such as the worldwide web. The user is notified automatically by urgent means when certain test results are obtained by the system. The fund may be tested for compliance with the fund rules (7), tax reports (8) may be created and a complete audit trail developed without importing the same data numerous times.

Description

Portfolio investment guideline is deferred to and financial fund administration system

Invention field

The present invention relates to the financial fund administration field, such as mutual fund and pension funds.Particularly, the present invention relates to carry out investment guideline and defer to for example system of tax affairs report etc. of (guideline compliance) test and regular reporting for this financial fund.

Background technology

Finance fund (being also referred to as investment means (investment vehicles)) is made up of the set of various financial instruments by fund management person management.The investment means can comprise mutual fund, Unit trust, pension plan etc.In fund participator oneself the investment means, put up cash for buying financial instrument.Fund management person does to attempt to make the value optimum of fund about selling and the decision of buying (or ＂ transaction ＂) different financial instruments, that is to say the investment repayment into the investor.Yet fund is observed certain rule with the protection investor, promptly limits the type of transaction that fund management person may carry out and/or sets parameter about the weighting of the security in investment portfolio (portfolio).These rules can apply from the outside by the adjusting relevant with market by the government entity promulgation, and these government entities for example have security and the exchange council (Securities and ExchangeCommission) or internal revenue service (Internal Revenue Service).Else Rule can be applied by investment means promoter's Investments Committee inside.Usually, these rules are delivered in the fund prospectus, comprise the explanation about fund structure and management that the investor is done.Concentrate and say, these rules are called investment or defer to guide rule.Because a large amount of financial instruments form fund, and financial instrument self dynamic essence, therefore guaranteeing to defer to these different rules may be very difficult.This means, must test and defer to and regular reporting (for example every day), so that synchronous with the investment portfolio and the value in security of investment portfolio structure that changes and variation.

Usually, the management of financial fund is by for example bank's processing of financial institution.Fund management person, the ＂ client ＂ of financial institution will make the transaction of a series of security for certain specific fund.These transactions report that financial institution solves.This solution function is carried out by the ＂ supervision ＂ portion of financial institution.This mechanism can also be maintained in its ＂ accounting ＂ portion and be the account book of this fund or record.In addition, financial institution can also carry out the transaction book keeping operation, calculates the value of being held by the specialized fund person, investment portfolio is worth, the repayment and the guide rule of capital investment are deferred to, and that is to say, check fund deferring to various applicable investment guidelines in its ＂ defers to ＂ portion.Current, investment guideline defers to that service team makes by hand or decision is handled in semi-hand by deferring to analyst or special deferring to.

The formation guide rule is deferred to the rule of test can take various ways.Defer to the look-up table that SG sets up these restrictions, and on the basis in cycle (every day, weekly or every month, according to law, market or customer demand) holding with respect to investment parameter testing transaction and account.It is very consuming time and be easy to produce artificial mistake that test is deferred in this labour-intensive craft, therefore needs the strict control procedure that realizes.In addition, only carry out the test of deferring to of putting a preset time usually, rather than with regard to whole time or a period.May also wish to consider in the performance of fund, to remind what the effect of fund rule is to fund management person.Expense may be very high when manual the execution for this.

The fund rule can limit from the country of a selection or the investment securities amount of coming at a particular industry.The capital investment combination that this fund rule can need to hold be not higher than Japanese bonds net assets worth net assets value 5%.Defer to analyst's (that is to say, be responsible for to check fund defer to the people of fund guide rule) need then to classify holding by the investment portfolio of risky country, and calculate the number percent of the holding value of Japan with respect to net assets worth net assets value.Usually, defer to the analyst and will take the accounting report that print processing is come out, on terminal, consult the ＂ risk ＂ of country and set up a computing machine electrical form and do aforementioned calculation for each is holding.Any ＂ exception ＂ (that is may violate rule) is recorded in by hand on the list of the check and according to the progressively upgrade step of formulating in the service level agreement to client-customization and reports to the client.These calculate and must carry out, even when a kind of given fund is not had the transaction of financial instrument, because a kind of given value in security can change with respect to remaining fund, give its greater or lesser net assets worth net assets value.The communications records of all relevant exceptions of client are kept by hand.All are stored with hard copy about the file of the releasing of deferring to execution, exception upgrading and violating.

Generally believe, the test of deferring to of variety classes fund (such as mutual fund to pension funds) is needed very dissimilar analyses.Yet, on the overall situation, have the high-caliber common point of product attribute.For example, all objects are all based on prudent investment person's principle, need be on industry, geography and Asset Type different, limited open derivant and low-qualityer investment etc.Therefore, it is favourable having a system that can handle these different funds.

In the management of financial fund, usually crucial is to defer in management to produce the report of accurately and fully describing the fund performance outside the test.For example, may need to collect customizing messages and decide the tax revenue ability of giving the fund support a specific period.Traditionally, this examines a large amount of Financial Informations by the analyst and calculates the numeral that needs and carry out by hand.Obviously, this is a kind of labour-intensive task, needs a large amount of time of high professional qualification personnel.In addition, because the manual essence of this task might produce manual errors.

As a part of deferring to test process, produce the report that ad hoc rules takes place to violate in indication.This report is not interactively, does not allow to defer to analyst ＂ and gos deep into ＂, determines the particular nature of this violation, and whether the explication of this rule or this kind violation are eliminated because of the transaction of transferring items later.

Therefore exist a kind ofly receiving, adjusting these data and the long-term needs of the system of report are provided when the user needs based on the secular variation of environment (to this fund inside or outside) about financial fund data, this system wants enough flexibly to hold the information from a source set, allows the user to define the adhoc basis that output and permission user utilize this report to a great extent simultaneously.

Summary of the invention

One aspect of the present invention provides one to be used for the system that investment portfolio is deferred to and managed, and it can receive the relevant data of forming the financial instrument of financial fund from a source set.Write down and safeguard this finance data.It is the dirigibility of the needed finance data of a kind of given fund that this system allows user definition.Can design various tests and be applied to finance data by the user and confirm that this fund manages according to pre-defined rule.Though this system provides the user to correct or upgrades the ability of finance data, writes down the history of this change, allow complete audit of date afterwards.Can offer the user to this finance data (or any report) with some useful forms, such as showing on computers, print or for example announcing on the WWW at global computer network based on it.Automatically notify the user by more urgent equipment (such as pager etc.) when if necessary, for example deferring to analyst or fund management person and can receive certain finance data in system.Preferably, this single integrated system allows fund is carried out the test of deferring to the fund rule, and produces tax affairs report and sets up completely record of the audit and do not need repeatedly to import same data.

In one embodiment, the present invention relates to integrated deferring to and management system, it provides unique and defers to, the needs of global investing means are served in the combination of the tax and financial function of reporting, comprise: but be not limited to, the US mutual fund, US and global compensation, European UCITS (the carrying out of the set investment in negotiable instruments) and OEICS (beginning-end investment corporation), US and European insurance company and Australian retired pension plan.This system's input and the holding data of storage, transaction data, tax share data, general ledger data, price, rate of foreign exchange, and asset description data.The details of this one-level allows the defer to test and the tax and finance on the minimum one-level of investment portfolio information to report.Date and time marking of each field band and being stored.

An advantage of one aspect of the present invention provides a system, and it can write down detailed transaction data and transaction is recorded in this intrasystem time and date.This information permission completely is according to the holding information analysis finance fund more than a day end (end-of-day).Particularly, can be single (and on holding level) examination transaction of influencing fund confirm that this fund defers to its control law any preset time.In addition, system provides any change of these finance datas being made by a specific user is noted.If whenever think needs, then can easily determine user's that finance data (or others of this system) is made amendment identity.

An advantage of one aspect of the present invention provides a kind of for carrying out the system and method for deferring to test to a kind of capital investment combination.System of the present invention receives the finance data from the different pieces of information source, organizes these data, and test is deferred in these finance datas application.If exist and may violate the situation of deferring to test, then can give immediately in financial institution defer to the analyst and fund management person sends warning (if wishing such words).In addition, if fund surpasses one near the thresholding that may violate, then can transmit a basic caution signal.This system allows report data and with recorded in various forms, provides more complete understanding is deferred to and showed to fund.In addition, can such as the Internet or WWW, report to fund management person's (perhaps deferring to the analyst) the result who defers to test by global computer network.Can dispose the releasing (or postponing till record afterwards) that this system comes requirement analyst record to violate, thereby the record of the action of being taked is provided.This system does not need to check deferring to of any given investment portfolio than the analyst of high professional qualification.The investment portfolio of the improvement that produces from this system produces conversely and more efficiently and accurately defers to report the ratio of number (headcount) (and be arranged on around with the center support function of the technology of this system relationship).Do not carry out the arithmetical operation of effort because this system does not need the high professional qualification personnel to spend a considerable amount of times, so they are freed and are engaged in the more analysis of plus depth.

One aspect of the present invention makes current manual process robotization, reduces actual and possible wrong and their corresponding impacts.Yet this system also provides the customization function of the needs that are explanation fund management person in addition.This system can with other electronic fund infosystem concerted action so that a single comprehensive platform to be provided, satisfy the needs of client and specific geography.The concentrated expense that reduced of system and processing support function is because more user uses this system.The strong single integrated platform that this support investment guideline is deferred to allows financial institution as serving economically for the gerentocratic commercial record holder of investment funds.

According to a further aspect in the invention, system of the present invention use one flexibly rule set up engine to satisfy the nuance of world market.Provide data integration and controlling features to guarantee on the data of quality control, to produce consistent result.This system produces an online record of the audit and is used for following the tracks of and violates and/or warning, and the progress of removing and/stop.The schedule that this system also allows the arranging data input, carries out test and register report.Violate if detect once, perhaps need the condition warned, then can excite one to remind or warn automatically for client (for example fund management person) by pager, Email or fax by system.This system allows to customize neatly report.These reports can offer the client by Email, fax or website.

The system manager unites and defers to the analyst, is responsible for setting up user account and relevant these accounts' access rights.Like this, according to one aspect of the present invention, this system's facility access control management.Can visit the globality of the data in the assurance system for defer to analyst or the read-only ＂ of other subscriber authorisation ＂ or ＂ read/write ＂ in the financial institution by system.For example, have only data administrator group can change data item numerical value, and the individual in this group according to they whether have the supervision have different priority with other effect.Visit can be by fund, client or other parameter limit, and this is readily appreciated that for those skilled in the art that.For example, although senior analyst of deferring to can the professional account book (being made up of a plurality of funds) of travel all over for the purpose of supervision, defer to the authority that perhaps analyst has only particular customer.

According to other aspects of the invention, in total system integrated various safeguard procedures to help smooth operation.If some difficulty occurs in systemic-function, then can give to defer to analyst, system manager and defer to fund management person provides early notification.If this system then has program behavior to contact senior compliance management person by phone because the technology item can not be used at business day, make them be in the last state of progress.Task dispatch is deferred to test with the frequency and the timing operation that are needed by the commercial user.Aspect the task dispatch of system, set an Event triggered upgrading scheduler program.For example, in a typical application, if data input failure, then system attempts with 5 minutes time interval retry 15 minutes, and thereafter by pager, Email untill further notice system manager (or other side).Designing this process is that any item that produces last night is removed by professional unlatching of time.Obviously, the time interval, Event triggered and be touched can be to change according to application-specific.

According to a further aspect in the invention, carry out the data consistent of fund level data every day, such as holding, assets etc., with guarantee with the source accounting system synchronously.System receives for example automatic supply of inner accounting system of core system from financial institution of transaction, holding, tax share, general ledger information and some asset description data.The supply replenishment system database of the asset description data by the other robotization that comes from external data dealer.The data of robotization are filled further and are replenished by consulting alternative dealer screen or publication by hand.As a result, producing the data set of deferring to test or fund report according to this is enough to accurately and completely need to guarantee fully.

According to a further aspect in the invention, this system allows the data management of high flexible, writes down the modification to data simultaneously, allows later audit.For example, the data analyst of a mandate in the data management group can import or revise by different clients, such as industrial classification, flowability etc., is the data of the specialized fund in those fields of same definitions of asset.Preferably all asset description data of being used by this system are from the centre data source of this financial institution inside.The data management group is used the intrasystem instrument that is programmed into, as the quality assurance supervisor of asset description data who is all users of this application.This group also makes wrong risk minimization by the approval procedure support.

This system is divided into item with data source.The basic field of test is deferred in execution be appointed as the essential ＂ of ＂ (for example, private insurance price).Essential field can be categorized as reliable ＂ of ＂ data source and financial institution source input internally.These fields can not be revised in system.They are that origin system is revised with the request by the data owner only.The request of modification needs suitable support document to guarantee data quality control.Any modification all ＂ is printed on date and time marking ＂, that is to say, system preserves previous value and also writes down this modifications, comprise whose modification with when revise.This that revise writes down permission analysis afterwards completely understanding this modification and effect thereof, and this modification who makes of tracing of carrying out any necessity.Essential field must be confirmed ＂ by data administrator ＂, with respect to the alternative data source validation value, double-clicks and confirms that button is good with this field value of notification database.The input that data or instruction be provided in the graphic user interface that is provided by system is intuition more, and field is being separated to react their different states with color coding (color-coded) and on database on the screen.Only when all be identified (manual examination of all field values and confirmation) for all essential fields of assets, system just allows to carry out and defers to.

According to a further aspect in the invention, this system comprises that a dynamic following rule sets up engine, and its guarantees to must needed dirigibility of comprehensive product of service.The data that belong to specific financial institution, such as the market price of stock number, credit rating (credit rating), stock, be the classification etc. of the financial instrument of this specialized fund, provide and build piece, allow to defer to test with the computing machine execution so that investment guideline is transformed to system logic.The rule transformation of controlling a kind of fund is for connecting the logical statement of data item.Rule is grouped into formation test together.＂ test ＂ can compare with the list of the check of the manual environment of today.

Test is set up in the beginning of each customer relationship by a specialized groups based on the rule person of foundation of financial institution.The rule person of foundation is with deferring to the analyst and the customer representative works, for each client explains guide rule, is for example a specific client defined as ＂ derivant ＂ to what? the rule person of foundation is responsible for setting up new rule/test or clones and revise existing rule/test, the accuracy of the definition that the checking fund is specific and the purpose test that appointment is ratified to fund for producing.System logic connects the fund specific data of the specific test of fund to feed system on every purpose basis.The system task scheduler program is to defer to test by frequency and the timing operation of deferring to analyst's requirement of representing the client.Certainly, system also allows to defer to analyst's (with the user of other approvals) and walks around scheduler program operation and defer to test and should ask to produce immediately report (such as regular reporting).

In accordance with a further aspect of the present invention, system bears results automatically and follows the tracks of the online demonstration of ＂ module by ＂ result.Defer to the ability that the analyst has online detailed those results of note, write down the record of the audit of upgrading like this and report item and the customer instruction that relates to the decision of these items to the client.System storage and can online demonstration investment portfolio defer to a historical record of the audit completely.Preferably, is report based on Excel?, but also can use other platform or expression.Some reports are hard codeds, for example, and those that use as their data verification processes part by the data management group.Great majority are deferred to be reported in and are produced according to the needs of deferring to the analyst during test is set up.Mandate is deferred to the analyst and is preserved flexibly and report on the hard drives and with them and be attached to the board of directors.The report that all systems produce has the system page pin and prints.Footer does not occur when report ＂ release ＂ allows to revise.This reminds reader's this report may not be directly to be produced by system, perhaps through revising.

System of the present invention provides ＂ the option of current (as of) ＂ function, if that is load the ability of transaction ＂ information behind the ＂ do not set original book keeping operation deadline and have and use it and re-execute to the investment portfolio of this investment portfolio and just modification that to defer to definite this investment portfolio be ＂ ＂ then be and so on option at the state that defer to that day completely.This book keeping operation finish and the origin system information of keeping accounts very useful when receiving transaction or out of Memory after having sent compliance system to.This new information can this fund of appreciable impact the state of deferring to.Current consistent report of ＂ of ＂ is safeguarded the record of the audit that changes.

This system provides the result to follow the tracks of, that is a complete online record of the audit of deferring to the issue decision.System produces defers to result and printed report, defers to the action that the analyst can off line writes down them.Yet, system gives to be deferred to the analyst and opens one of ＂ by ＂ and be recorded in the ability that continues all their actions of on-line tracing behind the examination result, for example upgrading, this is distributed to the client, receives the confirmation to an incorrect data value, and ＂ closes the ＂ record after once issue determines.

Recognize that data limit allows 100% robotization never, sub-fraction is deferred to the continuation off-line computation.System allows to defer to the analyst and sets up the manual ＂ rule of ＂ by the word of online record off line rule.Defer to the analyst then and check whether this manual rule is observed.System allows to defer to the analyst and connects a result.Defer to the analyst also can use as a result following function and locally preserve all user loggings at one for these off lines rule.

System provides on-line data analysis.The front end screen allows to defer to analyst's observation and has been input to all related with their client in system data completely.The state (that is pass through, warn or failure) of the test of any operation can be provided to fund management person by global computer network.In addition, if desired, the ability that can more detailed report is provided and react for fund management person with system interaction.In this occasion, system will allow fund management person to be deep into the essence and the reason of a detail of a report and any violation of decision or just better understand according to one of rule acquisition fund performance.

Many assets owner data set is stored in the database of a separation comprehensively to satisfy the multi-source accounting system.This allows generally to upgrade some assets field, and these fields are identical on comprehensive accounting system, but the assets owner with in addition separate in client's level, they can have different numerical value on more rudimentary.

System provides an integrated scheduler program, the convenient for example data input of all system jobs, execution test and the arrangement schedule that registers report of giving.This task dispatch allows to arrange task interrelatedly, that is in case a designator is triggered, represents that origin system is ready to, and just moves from the data input of origin system and moves when the data input completes successfully and defer to test.Certainly, this system can ＂ ＂ as required, that is responding system user a such as analyst's an interim request, operation test and produce report.

This optimum system choosing comprises based on the report of browser and can use on WWW.Client's (such as fund management person) can the access level mode the key report, ＂ clicks the interested field of ＂, system provides the other or more detailed information about interested specific project.System provides 6 classes to be designated following rule and sets up the data field of piece and rule approval function and suitably tested before this rule of permission is putting into production guaranteeing.This system allows to change parameter during working time.

When a fund when violating guide rule, this system can provide an early warning signal to defer to the analyst (or fund management person, if desired).By this way, fund management person can take the correction action before violating actual the generation, if think needs.The result of performed any test can provide by the electronics mode in this system, for example by pager, Email or fax.This system allows the unanimity between source accounting system and the native system self.It is specialized fund definition term and rule by client requests the time that the dirigibility of system allows to defer to the analyst.For example, can differently define some field, for example industrial classification, flowability etc. for different funds.It is that fund is specific that this system allows this definition.This system also allows to defer to analyst's searching database on the fund group.For example click all ＂ stockholder ＂ that ＂ stockholder ＂ button will make a designated speculative stock in system's searching database.This was particularly useful when you wished to see rapidly investment portfolio open if special company is in the crisis.

Description of drawings

From accompanying drawing and below detailed description of the present invention can find out more significantly additional features of the present invention, it essence and various advantages, similar reference number refers to similar element in the accompanying drawing, wherein:

Fig. 1 principle is represented from fund management person by financial institution to the information flow according to system of the present invention.

Fig. 2 principle is represented from other department of external information service provider and this financial institution to being the portion of deferring to of system of the present invention information flow to the user of native system.

Fig. 3 is the process flow diagram of explanation logical process.

Fig. 4 and 4A are the process flow diagrams that the explanation account information is handled.

Fig. 5 A-5C is the process flow diagram that explanation account authority is handled.

Fig. 6-6A is the process flow diagram that the explanation Account Status is handled.

Fig. 7 is the process flow diagram that the explanation task dispatch is handled.

Fig. 8 is the process flow diagram that the explanation task queue is handled.

Fig. 9-9A is the process flow diagram that the explanation assets protection is handled.

Figure 10 is that the explanation fund is safeguarded the process flow diagram of handling.

Figure 11 is that the explanation fund is safeguarded the process flow diagram of handling.

Figure 12 is that the explanation fund is safeguarded the process flow diagram of handling.

Figure 13 is that explanation fund group is safeguarded the process flow diagram of handling.

Figure 14-14A is that instruction card is safeguarded the process flow diagram of handling.

Figure 15 is the process flow diagram that the processing of engine structure is deferred in explanation.

Figure 16 is the process flow diagram that the explanation notice request is handled.

Figure 17 is that the process flow diagram of handling is safeguarded in the explanation contact.

Figure 18 is the process flow diagram that the delivery service of explanation notice is handled.

Figure 19 is that the process flow diagram that report is handled is deferred in explanation.

Figure 20 is that the process flow diagram of following the tracks of processing is violated in explanation.

Figure 21 is the process flow diagram that explanation is handled from dynamic response.

Figure 22 is that manual violation of explanation set up the process flow diagram of handling.

Figure 23 is the process flow diagram that the details display process is violated in explanation.

Figure 24 is that the process flow diagram of following the tracks of user interface process is violated in explanation.

Figure 25-25A is the process flow diagram that the report of explanation general ledger is handled.

Figure 26-26A is the process flow diagram that the holding report of explanation is handled.

Figure 27-27A is the process flow diagram of explanation by the processing of the report of user ID.

Figure 28 is the process flow diagram that explanation report inventory is handled.

Figure 29-29A is the process flow diagram of explanation by the processing of the report of activity.

Figure 30 is the process flow diagram that the explanation wash sale is handled summary.

Figure 31 is the process flow diagram of explanation 988 part profit/loss analyzing and processing.

Figure 32 is the process flow diagram that explanation wash sale extension quantity is handled.

Figure 33 is the process flow diagram that explanation PFIC handles summary.

Figure 34 is that explanation PFIC expense is followed the tracks of the process flow diagram of handling.

Detailed Description Of The Invention

As discussing throughout, ＂ system manager ＂ is the operator who is responsible for safeguarding by this employed computer network of system, such as the management information system expert.＂ defers to analyst ＂ and is responsible for examining deferring to, reporting item and help fund management person to understand the expert of any reason that may violate to fund management person of fund in financial institution.＂ fund management person ＂ is responsible for decision and buys or sell the financial instrument of forming this kind fund in the investment guideline that this kind fund is applied.Should be appreciated that any specific individual can take on any one among these roles and still realize the present invention.In addition, can use the group of forming by the individual to take on any one among these roles and under the help of other computer system, still realize the present invention.

With reference to 1, one in figure is system 1, client or the fund management person 3 principle view to the data stream of supervision department's 2 report transaction of financial institution 10.The information of relevant transaction consigns to each entity of being responsible for specialized fund 4.This system can handle the fund of any number.Preferably, this information consigns to supervision department in the transaction same day (that is ＂ day of trade ＂).Supervision department 2 will give the fund accounting portion 5 of financial institution in the day of trade or by the relevant information of concluding the business of supply transmission overnight.[what is warehouse/CCAP? ] accounting department is also with receive the information of relevant financial instrument from external sales merchant 6, such as credit rating, unsettled stock, coupon rate, country code, industrial classification and due date.Certainly, also can obtain the information of other type and still realize the present invention, as what the person skilled in the art understood from the external sales merchant.Use this information, financial institution will be as a ＂ transfer agent ＂, for the single investor in this fund calculates ownership.In addition, the performance measurement section of financial institution will be according to the performance of these nearest transaction decision funds.The fund management portion 9 of financial institution can be directly paid in the report of this information.

In case this information is collected by financial institution 10, then it is consigned to Managing Financial Institutions and defers to portion 7.Can discuss below, defer to test at this data run is various, it arranges (seeing Fig. 2 and 7) by task dispatch 27, or by deferring to analyst's request.The result of test is offered in electronics mode (or with paper) by system and defers to the analyst.Examination defer to 8 o'clock analysts of report simply ＂ click the part of ＂ report to receive more detailed information.Certainly, can provide other user interface between analyst and system, those skilled in the art that understand this point.Importantly, holding, the transaction history of fund of system maintenance fund, the performance of this fund and a record of price.This information, to any change of this information, carry out the identity of entity of this change and realize that the date and time of this change is also maintained.The record of holding ＂ level data of system maintenance ＂ and transaction level data.This allows the test of deferring to of system to confirm that any fund transaction is not violated relevant guide rule in a given period, and not only this fund is not violated when finishing during this period.

Refer again to Fig. 1, system also provides the fund management report.Particularly, the fund management portion of financial institution 10 9 receives the fund finance datas and can produce various regular reportings 711, such as tax affairs report etc.These reports can be printed on printer 712 or be offered external source, such as IRS713.System allows in client requests to the maintenance of complete finance data or produces the finance report when needing.The rule of system to be discussed below set up the storehouse allow to use complex rule with produce regularly need be relevant with the overall situation report, for example IRS or SEC demand, those skilled in the art that understand this point.

Should be appreciated that the employee that the system that predicts now will only give this financial institution provides report and gos deep into the ability of these reports.Fund management person will receive and defer to the report that the analyst gives.

With reference to 2, one schematic diagrams by the processing of system's 1 execution of figure, the accounting system of financial institution is transferred to compliance system 21 to its fund data (comprising about holding, transaction, loss, income, general ledger account and rate of foreign exchange).This compliance system also obtains asset data (comprise credit rating, do not repay stock, coupon rate, country code, industrial classification and due date) from external information dealer 22,23 or from the internal accounting portion of this financial institution.The out of Memory of relevant this financial institution can manual input system, and it is in frame 24 expressions.

In case the data of receiving, test is deferred to application by system.Preferably, defer to test night operation, when deferring to the analyst and come work in the morning, he is proposed whether to detect the suggestion of possible violation with box lunch.Following rule engine 25 is parts of compliance system 21, comprises safeguarding the rule that can be applicable to a given fund and use their software when arranging schedule.The part that device 26 also is a compliance system is write in report, and it produces the report about the application of deferring to the guide rule and the tax and finance report.Scheduler program 27 allows the system manager to arrange the schedule of various tasks, defers to test such as the request operation that should defer to the analyst.Defer to engine and also comprise the software 28 that is used to produce interactive screen, this screen shows to system user, perhaps gives current information (deferring to report such as one) of customer presentation or request from user's acquired information.Compliance system comprises that also the guiding result follows the tracks of 29 software, and it allows to defer to the releasing of a possible violation of analyst's online record, thereby online audit is provided.

Move in case defer to test, then system provides output 420 with the various forms by the system user request.For example, be the analyst of financial institution inside, preferably on analyst's computer workstation, provide report.The analyst can examine the report of criticizing printing night, prints them so he needn't wait for when beginning on weekdays.＂ ＂ operational report at any time when he also can be chosen in him and needs.When guide rule is deferred in violation (or issue is near the warning of violating), can be by system by fax, Email or pager notifications analyst.Similarly, also can violate or warning to customer notification.Certainly, can provide report more completely and still realize the present invention.

When deferring to the analyst and sign in to system 1, he will be notified any possible violation automatically.By sending inquiry (such as by the field in the click graphical user interface) to system, he can receive more detailed information and determine character, the character of the rule of being violated and the obvious cause of this violation of the violation that this is possible from system.Though be not general needs, in this point, one skilled defers to the analyst and can determine whether in fact to have a violation, examines the operational factor of the system that sets into this fund.Perhaps incorrect for some parameter of this specialized fund (such as the definition of the mobile ＂ of ＂), and when correcting, will remove this possible violation.In addition, perhaps transaction is carried out, but does not import accounting system or native system.These transaction afterwards rise or fall with the marketable value of financial instrument in this fund and combine, and can bring back to this fund and defer to.In carrying out the investigation back or carrying out, defer to the analyst and can contact fund management person and notify him possible violation.Can set up system like this, the possible violation that makes some be defined is caused the attention of deferring to analyst and/or fund management person immediately.Requirement is deferred to the analyst and is imported the response action or remove violation possible in this system.The response action can just make this violation cause fund management person's attention.

The record of the audit and the result of test are deferred in operation of system maintenance.The response of deferring to the analyst is recorded, and it is any change of deferring to that this fund is brought into.For example,, then write down the initial result who defers to test, the clauses and subclauses of record transaction afterwards and the record new result who defers to test afterwards if imported a transaction afterwards.If desired, people can examine whole record and any action of taking of deferring to test.

This optimum system choosing operates in distributed 3 layers of client server environment.It has a Windows NT (edition 4 .0) front end, with Visual Basic (version 5.0) coding, operates on Sybase (system 11) database.Certainly, also can use other comparable software and this invention of Platform Implementation.

Great dirigibility and the interface intuitively that allows the data or the rule of ready-made investigation Impact Report when system of the present invention provides the character of the report that the user produces in definition.Particularly, the engine 21 of deferring to of system comprises that a dynamic programming sets up engine, and it can guarantee to serve a needed dirigibility of comprehensive product.According to being the data fields of the analysis needs of this fund for relevant this fund of each fund definition.These data fields provide sets up piece to set up investment guideline.The guide rule or the rule of domination specialized fund are converted to logical statement.Rule is grouped into and forms test together.System logic connects the specific test of fund and supplies to the specific data of fund of system in every day on the basis, frequency and the timing operation test (certainly, this system can defer to analyst's request at any time carry out test) of task dispatch should defer to analyst's request.The test that is fit to for every kind of fund by specialized groups of the rule person of foundation with defer to the analyst and explain (for example a specific client is defined as ＂ derivant ＂ to what for the client of guide rule for each client?) set up in the beginning of each relation together.The rule person of foundation is responsible for setting up new rule or adopts existing rule, the accuracy of the definition that the checking fund is specific and specify the test of approval for the purpose of producing to fund.Develop these rules, confirm to defer to so that they can self examine transaction by them, and be not only the holding of a kind of financial fund.

For the regular record of this system development in a rule base of the database of the computing machine of financial institution 10.Be different from the similar logic of the rule needs of composition, benchmark and the derivant result of data (that is based on), it can be the exploitation when needing of an application-specific.Be that different fund funds even not of the same type is set up during these rule beginnings.In case the software that is a rule is finished writing, it just can use with respect to new fund.Therefore, when be a new fund produce one defer to analyst and the rule person of foundation when regular can the search rule storehouse, search same or similar rule.It is not necessary for the same new program of rule exploitation.That can revise system defers to engine 21 to allow to set up new rule type.

Design this system and make test of permission combined horizontal and performance report.Generally, the combination account is the account's set by the investment exercise question, and this set is commonly referred to the ＂ fund ＂ of family.For example, the combination of all foreign equity investments combinations and be another combination of making up for fixed income investment in this family can be arranged.Usually wish that application testing is to account's group of selecting, special occasion at compensation in a given family.Defer to test and also carry out on single account's level, but pay warrant can be different with combination stage, those skilled in the art that understand this point.Combination account's foundation comprises and is added in account's level information that combination defines in the demand file mutually.Yet,, carry out other calculating then to be produced as the data that executing rule is fit in case set up this combination.Usually the compute type that needs in combination stage comprises: be the percentage calculation of country open (exposure), industry is open, weighted average calculation and to the heavy selling and the covering logic of derivant.

For carrying out the test of this combination stage, system comprises the combinations of definitions account, carries out all following rules and with respect to the ability of this combination account result of calculation with respect to this combination account.For example, can use the combination stage test to be this combination calculation derivant open (it is opposite with any given fund), by on combination stage, carrying out the open test of derivant.Can use relatively open and the benchmark of country of this combination of benchmark generally for planning.This system also be provided as this combination account set up produce report output and see account's level details in combined report (that is, if 3 accounts have a guarantor, then report will be listed single account's value and be expressed as the summation line (totalline) of this combination) ability.The prospectus test report comprises each account's of account identification number, account name and this synthetic account of composition the tabulation of net assets worth net assets value.This system allows to arrange in task dispatch the combination account to test schedule, just as testing for fund.Here the notice mechanism of discussing with respect to the fund test also uses (fax, pager, Email) for combined test.

Can pass through an external information dealer, for example Bloomberg provides additional securities data.Can for assets set up with need be for the different files of coupon bonds to the enhancing of the message file that provides by external information dealer.In addition, can need be the change of new data item to the system user interface screen for any new test, those skilled in the art that understand this point.The purpose of this modification is to make assets set up and be the refresh process robotization in security or other fresh information source.

Many investment guidelines need be with respect to benchmark fund test fund or combination.This system allows to set up with respect to the reference data execution defers to the rule of test.The preferred reference data are stored from the input of excel spreadsheet sound of laughing formula and with tableau format.Produce a report and show reference data, and provide a kind of data characteristics to observe historical reference data with each Class Options.Can store and for relatively calling later on from the historical data of same benchmark (that is weekly, every day, every month the reference data supplied with).With respect to this benchmark is that following rule is carried out in an account or combination.This system allows user to set up (absolute and concentrate), and relatively the rule of the attribute (for example Kai Fang country) of account or combination and a benchmark account's attribute and investment portfolio level data that an account or combination are compared in foundation are (for example, the duration, weighted mean expires) with the rule of a benchmark account's investment portfolio level data.Can set up rule carries out account or combination and benchmark and calculates and comparative result.Also can develop rule based on transaction (such as, whether this fund has bought the not security of the Asset Type in this benchmark).Can carry out such test, wherein base period is not equal to transferring items the date of an account or combination.Preferably, testing total uses the reference data near (but being not later than) testDate.For example, if testDate is 6/30/99, and reference data is to be 7/5/99 and 6/20/99, and then test should be used 6/20/99 data.This system allows the user to specify in the rule level and goes up the use benchmark, and this benchmark should be to allow for the parameter that same rule is used different benchmark.

To represent the result of this test and have one to be the independent report of this benchmark that for the report demand of this system having different sort optionses can use.Should be noted that for benchmark test and do not need current function (reference data is static).For working as Pretesting, if current date is 7/10/98, and carry out a test 6/30/98, the off period is 7/10/98, then 6/20/98 data rather than 7/5/98 data should be still used in this test.Though can comprise current transaction for an account or combination, it is the same that reference data remains.

Can prove absolutely more that below this permission user of system is created in the thorough and report completely of the financial instrument in the fund, and the feature of these financial instruments.For example, can use native system for the tax affairs report service.With a kind of automatic but not manual environment provides tax affairs report will improve quality, reduce risks and improve promptness the capital management client's of financial institution tax service.Advantageously, test and tax affairs report function are completely deferred in conjunction with investment guideline by this system, allow more accurate and result completely.

If the expression easily of the result of deferring to and clear and definite user interface allows the compliance management person to revise parameter and ＂ is provided with respect to fund ... the ability of what ＂ scheme.If ＂ ... any ＂ scheme test is deferred to not the real-time ＂ of ＂ so than prefetch transaction to be discussed below.Used by investment manager, portfolio strategy man and risk management person, it helps to carry out decision-making treatment on a kind of direction of investment portfolio.It helps fund management person and compliance management person and other professionals in this financial institution no matter to estimate impact to a kind of investment portfolio in investment guideline or investment portfolio dynamics on the level of set when still changing on the essential level of supvr.Do not need ＂ ＂ at any time, but should be a part in the analysis that an analyst carries out in one period in several days or several weeks.For example, defer to the analyst and can investigate the effect that changes following rule or test: if ＂ I by the parameter of regularity from 5% to 10% that changes me increase I allow open into Europe ' at home ', can utilize which type of European chance so? ＂; If how about I add restriction to tobacco industry to ＂ because of possible lawsuit? ＂; If ＂ because my organize inner structure to recombinate prospectus/guide rule that I revise me fully from X to Y how about? ＂; If ＂ I from set my fixed income administrator account exhaust how about? ＂.In addition, defer to the analyst and can investigate the effect that investment portfolio dynamics changes: if ＂ I sell a kind of specific how about holding? ＂.Analyze effect that these change meetings produce history investment performance can the education fund supvr and the consultant of financial institution how improve performance in the future.

Can also use this system to confirm to defer to prefetch transaction.Prefetch transaction defer to refer to according to the price of investment portfolio in real time and reset valency and in real time the asset description data defer to inspection in real time.Discovery pushes investment portfolio the transaction of violation by system's locking, and order can not be carried out.This ability will reside on the transaction desktop, as the instrument of control dealer activity.Preferably, prefetch transaction is deferred to the part that feature is not only the scope of deferring to the report product.An effective prefetch transaction is deferred to product will be needed to import and the investment combination management system integration with a transaction order fully.

Deferring to analyst and fund management person can develop new rule and test fund.Can use this information producing the fund rule in the future or providing fund management person to see clearly the operation of this fund under new regulation.Particularly, should be appreciated that, can use this system to analyze in the following item any one: the rule of using fund transaction information; The investment portfolio circulation; The short sale; Forward contract; The rule relevant with derivant; Covering/opening; Gage; Hedge/speculative transaction; The guaranty money; The right to choose of Stock Trading and spread; On average; On average expiring of dollar weighting; Average quality; Time-strictly all rules of buying rule is all based on working as the information day before yesterday.Can also use this systematic analysis bifunction rule (based on a result's result), such as: if investment portfolio debt-credit more than 5% of total assets, then it can not purchasing securities; Comparative result; Debt-credit must be less than one x% less in marketable value or the cost; Use the calculating-command characteristics that expires of the security that shorten the time limit, put, etc.; Use the logic of underlying securities information.Certainly, the rule that can set up and use any number or type still realizes the present invention simultaneously.

Should be appreciated that, can use this system to carry out the fund management function that several use manual process are finished, such as subscribing; Real estate; Lease; Mortgage; Stock is lent; Index; Exchange; Expense/payment information; The investigation function; Report author ability; Allow the third party to supply with, such as other accounting systems.[it this how to do? ]

Preferably, this system comprises a menu-driven user interface, allows to defer to the analyst and easily visits the information that is produced by this system.Menu bar Dynamic Maintenance on main menu screen is also used the agreement at domestic consumer interface, comprises drop-down menu etc., such as the agreement of the Windows NT of Microsoft.For visiting this system, the user double-clicks the startup icon, and system request provides password.The user name and password identifying user.The user is authorized to some access rights of determining, allows them that system is only carried out limited action.Main menu screen can comprise the message line that comprises literal, such as the data field that will import data etc.On menu bar and submenu, only show the menu item that this specific user can visit, such as File (file), Data (data), Compliance (deferring to), Repot (report), Windows (window) and Help (help).

The reporting option of master menu preferably includes 6 options: defer to, the result follows the tracks of, management, system's visit, activation record and visual report.Deferring to option will be opened for observation and ask to defer to the window of report.The result follows the tracks of option and is opened for and observes and the window of violation is deferred in response.Management options allows the user to open the general ledger window and observes general ledger Audit Report and the holding Audit Report of holding window observation.System's Access Options is opened for the window of request and observing system mission report.The activation record option is opened for request and observes the window of the report of login and cancellation activity.The visual report option is opened for the window of observing and printing the previous report that produces.

With reference to figure 3, user ID and password independent program maintenance on the computing machine of the program of a different computing machine or this system of being included as by network or system manager.Native system does not produce or safeguards this information.When the user logins, need user ID and password, after request is blocked, reenter system, or after frame 30 is overtime by system, reenter system.Login process uses WONDOWS NT API in frame 713 retrieval network user ID information at frame 31.This API will return network user ID for workstation.Read subscriber's meter at frame 32.System passes to the API checking to the user at the password of frame 33 inputs.Whether system is blocked ＂ by ＂ frame 37 decision users, and for example, whether the user logins.If this ID is blocked, then system will send a message to the user, and this is in frame 36 indications.This trial will be recorded in event table 34 at frame 35.System finishes at frame 38 then.

If user ID is not blocked at frame 37, then at frame 39 format user data.API will return a code at frame 431, and whether the password of indication input is correct.All login attempts all are recorded in the event table 34 in the database, are success (frame 530) still get nowhere (frames 433) no matter attempt.When their login is unsuccessful, send a message to the user at frame 433.If attempt submitting a unacceptable password 3 times frame 436 users, then a SQL statement uses this network ID to upgrade subscriber's meter 33, so that open the blockade designator at frame 437.This move will be recorded in event table 34 at frame 438, and system application finishes at frame 439.

If accept user ID and password at frame 432, then the systemic-function of authorizing and the table of data access will be retrieved in frame 531 and 536 retrieval user summary file and at frame 532 by system from database 537.User's visit summary file is kept in the storer at frame 533, so that all forms in the system can determine the visit to function and data into this specific user.In frame 534 systems control is passed to the master menu of system then.

The user can be minimized in that ＂ blocks the ＂ system on their workstation by making screen.Optional in addition, the user can select ＂ to block ＂ from the drop-down File menu that is positioned on the menu bar.In addition, if be (for example 30 minutes) not record activity in a given period in system, then system gives in addition inertia mark of user account, with its cancellation, makes application minimizes automatically.For reentering system, the user need double-click system's icon and re-enter their password.System then with the same this password of verifying discussed above.These blockade activities will be recorded in the hotlist.

The system manager sets up new user account, and revises, deletes or forbid existing user account.Each user account comprises a user profile file, and this document definition licenses to the user such as deferring to the visit of analyst to systemic-function and data.For example, can give the privilege that subscriber authorisation is read-only or upgrade.Log-on message also is provided, and it comprises the current date of user login and cancellation activity, comprising: Deng Lu date and time, current logging status and user's notification of blockade at last.Preferably, each user account is by user ID unique identification and suitable restricting user access authority.All requests to the visit of the user account information in system will need the requestor that certain information is provided, and observe a side of character or this information of granted access of this information such as needs.This request must be realized behind the suitable official of approval financial institution by the system manager.This of system need will be formed file logging and access authorization on the one hand for all requests of subscriber authorisation and will set up according to service needed and task responsibility.

With reference to figure 4, can use user account information in two kinds of occasions of a demonstration and renewable screen.Have these two kinds user's (generally being the system manager) update functions of will having the ability to carry out of authorizing and visiting for data updated.User with read-only data access rights will be under an embargo to carry out and upgrade.By at the file pull down menu selective system Access Options of frame 40 on the main menu screen 715, the user will open the system's access window on its workstation 44.It is divided into two parts.Window on the left side that frame 41 produces will be submitted a user list frame to, and it is included in this system all user accounts from user profile file table 42.3 user profile labels below the window on the right that frame 43 produces comprises: at the account information of frame 44, in account's authority of frame 45 with at the Account Status of frame 46.These will provide the system manager to set up with maintenance customer's summary file, authorize and cancel the ability of system access right and examination user logging status.3 button: SAVE (preservation) are arranged, CANCEL (cancelling) and CLOSE (closing) in the bottom of right window.In case the user finishes the work to a label, he must select the SAVE button to preserve their changing in the user profile file table.The CANCEL button will be wiped any change that current label is made before preservation.The user clicks the CLOSE button and comes the shutdown system access window, turns back to main menu screen.

The user list frame is filled with current user list.This tabulation is stored with surname (lastname) when default.Yet the system manager also can be according to name (first name) or user ID ordering, by clicking suitable row leader.The system manager is the user ID in the navigation watch easily, or by using scroll bar, perhaps keys in first character of this ID, makes this tabulation jump to this point.When for the first time opening system's access window, can see account information table, expression to the last record of work.This label allows the system manager to set up and safeguards user's information specific.

With reference to figure 4A, for increasing a new user account at frame 47, the system manager clicks the NEW button in the user list frame, removes all fields on the account information table.System confirms at frame 48 whether this user has suitable mandate.If no, system turns back to frame 43 (Fig. 4).If the user has suitable mandate, then in frame 49 initialization label field.The field that the system manager needs in frame 440 inputs (definition access rights etc.) the mandate page or leaf that is provided by the information owner is provided, and is clicked SAVE button 441, and new account information is added to user profile file table 447.System finishes in the necessary field of frame 444 confirmations.If lack the information of needs, then this field shows with high brightness, and shows a message at frame 448 on workstation 44.If screen is by complete filling, then [this is how it feels here at frame 445 systems inspections lock? ].If lock is checked failure, then transmit an error message to the user at frame 448.If lock inspection is passed through, then upgrade user profile file table 447 at frame 446.In case a new user account is added to system, then the system manager can or click the NEW button and adds another or click CANCEL button 442 and close this window.

Be user account of deletion from system, the DELETE button that the frame 540 of system manager in Fig. 4 A clicked in the user list frame.Whether system has suitable mandate frame 541 these users of checking.The system manager selects a user account from the user list frame, fill the account information label at frame 542 these users' of usefulness account information, and clicks the DELETE button.Show a message box at frame 543, deletion is confirmed in request.Click the YES button and confirm deletion.Lock in frame 544 systems inspections then.To be deleted forever at frame 545 these user accounts, this will remove user's account information from user profile file table.Click the NO button, cancel deletion action, and send an error message to the user at frame 546.

Forbid that an account signs in to system with prevention.For forbidding a user account, the system manager clicks and forbids account's check box, makes a ＂ x ＂ to occur in this frame, and clicks the SAVE button to finish this change, and this will indicate this user account to be under an embargo in user profile file table.To allow this account again by from forbid account's check box, removing this check mark.

The system manager can also place cursor on the record of user list frame by clicking right mouse button visit above-mentioned functions simultaneously.A pop-up menu occurs with following option: add a new user account, and the deletion user account, or demonstration is about the details of this user account.

With reference to figure 6, be the authority of examination user under this system, the system manager selects account's rights label at the frame 46 of Fig. 4 by the character of clicking the label label or input is added with underscore in the label label.The user clicks user ID at frame 60.This user's authority is read by system in the access rights table 62 of frame 61 from database, it is presented on the workstation 44 at frame 63.Account's rights label will comprise distribution and available list box.The list box that distributes comprises a tree-like authority list of distributing to this specific user's user account.The available column bezel, cluster has all funds, fund group, rule, test and a tree table of available function in system.When a new account set up, the tree table in the permissions list frame that distributes was empty at first.

With reference to figure 5A and 5B, the system manager can visit and select account's rights label (Fig. 4) to authorize the access rights for following to the user: fund, fund group, rule, test, and systemic-function.For examining the current authority that licenses to a user, the system manager is at frame 50 right-click user ID.System is at frame 51 read access authority lists 901.The user ID details is presented on the workstation 44 at frame 52 then.

Be authorized user account access function or data, the system manager selects a user account at frame 53 by the user record of clicking in the user list frame.At frame 54, whether the decision systems keeper of system has suitable mandate.If, the access rights table 901 in system's read data storehouse and on monitor 44, show the details of this user ID at frame 56 then.Double-clicking a item in the available column bezel, cluster (or click it, click the ADD button then) frame 57 users then distributes or cancels authority.Want the item of grant access rights to move to the allocated column bezel, cluster from the freelist frame.For cancelling the access rights of a user to a particular item, can or double-click in the allocated column bezel, cluster this frame 57 system managers, perhaps click this, click the REMOVE button then.This will remove this from the allocated column bezel, cluster.Except that moving single with access rights, can launch or shrink the tree table, allow for and authorize or cancel visit options group.The user can select CANCEL button 800, and the change of being made will not preserved, but screen is initialised at frame 801.System turns back to the frame 43 of Fig. 4 then.Optional in addition, the system manager can change by selecting SAVE button 58 to preserve.Carry out examine in frame 59 systems then.What does [this verify? if] failure, then produce an error message at frame 902.If this checking is passed through, then system checks lock (referring to Fig. 5 B) at frame 803.If lock is checked failure, then produce an error message at frame 902.If checking, passes through by lock, then at the frame 804 user profile file table 901 in the new database more.

The system manager must be set in each the level of privilege in the allocated column bezel, cluster.For carrying out this point, the system manager will be in the R/W field click ' R ' allowing to read privilege, or ' W ' to be to allow to write privilege.Write privilege and allow to read privilege automatically.An item that is allowed to shows with grey.For forbidding privilege, the system manager clicks this for the second time.The system manager clicks the SAVE button, and this will be added to account's authority information in the user profile file table.

When the system manager is at the allocated column bezel, cluster of system or one of in the available column bezel, cluster, click right mouse button and will cause that a shortcut menu occurs, belong to currentitem, have following option: add, remove, details is regained fully, launches fully.Add, remove and details option such as above-mentioned execution.Regaining option fully makes the tree table be recovered to the superlative degree of its details.Launching option fully makes the tree table be deployed into the lowermost level of its details.

When the user will check that the effractor blocks check box when attempting with one being blocked after the incorrect password login for 3 times.The data of Fa Shenging will occur at On Cell at last.The account access that resets check box allows the system manager to allow the visit of this account again.With reference to figure 6, for watching user login information and be the given user account access that resets, the user account (clicking the Account Status label then) that the system manager will at first click in the user list frames at frame 64.System reads hotlist 66 and is this specific user's access rights table 67 at frame 65.System is at frame 68 explicit user ID Account Status and provide a check box with the account access authority that resets at frame 69 on workstation 44.The system manager can select CANCEL button 806 and system initialization label field at frame 807.Optional in addition, the user can select SAVE button 805 and systems inspection system lock at frame 808.If lock is checked failure, then system provides an error message on the workstation of frame 811 the keeper.If lock inspection is passed through, then upgrade user profile file table at frame 809.

This system allows for task and arranges schedule to automatically perform, and does not need subscriber station to submit request aside.A record will be put to ask specific function in system in task queue, defer to inspection such as operation.If arrange the function failure of schedule, then system attempts carrying out and notifying the user to carry out and postponed again.Date (or date range) and fixed dates (anchordates) (that is current date and cut-off date) that the user will specify this function to be performed.The user will formulate the time interval into executive system function, if carry out time interval that failure attempts again and in the time interval of notifying the user to fail thereafter.Can use various templates to import this information to allow the user with direct mode as user interface.

Fig. 7 is the process flow diagram of the explanation processing relevant with task dispatch.In frame 70 display scheduling dialog box on monitor 44.When the user clicked running frequency button 71 on the monitor display, system allowed the user in frame 72 input running frequencies.The user can be chosen in preplanned mission of what date operation by following mode, select a specific single date at frame 772, in the particular day (for example each Wednesday) of frame in 773 one weeks of selection, select month and in 775 particular day selecting this month at frame 774, perhaps a particular day in frame 778,777 and 776 particular month of selecting in the year respectively.

In case selected running frequency, then the user selects the current ＂ of ＂ and by fixed dates at frame 77, if then during frame 78 is selected working time and task success time interval of attempting again.The user can close and logs off or cancel the task of arranging schedule at frame 472 at frame 471 then.Optional in addition, the user can select to close and preserve at frame 473.Whether system carries out the screen affirmation at frame 470 suitable to confirm by the data of user's input.If wrong, then produce an error message and demonstration on monitor 44 at frame 474.System shows the schedule dialog box then.If system has imported the information that is fit to frame 470 decision users, then this schedule is kept in the schedule/queue table 75 of computing machine of financial institution at frame 79.System shows the schedule dialog box then.

When watching the schedule dialog box, the user can selection mode button 73.From the schedule/queue table 75 of the computing machine of financial institution, retrieve about information next and the last preplanned mission of moving in frame 74 systems then.The user can select to keep (on hold) button 76 to stop the next task of arranging schedule of operation before being discharged by the user then.

With reference to figure 8, in case the task schedule is saved, system just uses schedule/queue table 75 and task queue screen, and this screen allows the user to watch on his monitor 44 and arranged to carry out the task of schedule and the history of original execution.The user can be the formation of specific activities retrieval tasks.For example, perhaps the user wishes to examine carrying out into a kind of specialized fund of task.The user can use screening result for retrieval such as date, name, completion status.In case enter the task queue screen, the user just can edit or watch the task schedule.

From master menu 80, the user selects schedule button 81.On monitor 44, show the task queue window in frame 82 systems then.At frame 83, system is from the next and last operation information of schedule/queue table 75 retrievals.The user can close the task queue window by clicking X button 88 then.The user can double-click the fact retrieval that shows about this incident more information at frame 85 in task queue.The user can also click the schedule that task schedule button 86 is arranged another task.The user can also click and watch button to watch another to arrange the task of schedule.

The data that system uses from financial institution inside and the electron source system of financial institution outside receives.Yet, for making this information useful, certain installation function must take place.For example, each assets is necessary for the specialized fund classification.Should be appreciated that different funds can be to the different classification of same assets.Some fund can consider that ＂ cashes just in hand cash of ＂, and other fund consider ＂ cash ＂ be existing at hand cash and any in back 30 days overdue security.Therefore, can check defer to before assets must on a fund level, classify.

The timing that transaction is transferred items has very big influence to the schedule of deferring to inspection.Preferably, Transaction Information consigns to the compliance system of financial institution as quickly as possible and defers to test (ideally, all carry out with ＂ real-time mode ＂) immediately.Yet, should be appreciated that such was the case with in practice takes place for this.Transaction is handled and the identification trade date in supervisory systems.At trade date or follow-up date transaction is transferred to accounting system.The bookkeeper adjusts transaction data, the generation net assets worth net assets value when being created in this end of day (＂ NAV ＂).For a kind of NAV of fund does not announce before adjustment is finished.During trade date, or a follow-up day, system will receive instruction from the accounting department of financial institution open assets.If these assets do not exist, then system will open assets and distribute an empty position to it.The data administrator is in that day of input category and adjustment before receiving position and the transaction data later.At the night after the day of trade with after calculating NAV for this fund, holding and transaction data are sent to system, latter's executing rule inspection then (and deferring to test) and notice are deferred to the situation of any violation of analyst.

Some transaction is got rid of from this processing.The transaction of Chu Liing sends native system at the accounting system that directly sends financial institution the day of trade to and at the night of the day of trade on the same day.(date after the day of trade is called and the day of trade adds one).Divide distribution sort and the maintenance of carrying out any new assets position all day can not for the data administrator.These transaction one are transferred items to origin system (that is in day of trade), and system just receives that assets are opened and position data.System will open this new assets and position as above-mentioned, but any new assets and position that the data administrator only just classifies and produces from these transaction at night.In addition, when the inside sources system is a supervisory systems, receive transaction data, allow the keeper to handle that day after the day of trade and defer at the night of transaction.

Native system receives the data of relevant assets and position from origin system.When on origin system, opening a reposition, just assets are opened data and send to native system.At every turn when opening a reposition just one completely assets summaries send to native system from origin system, guarantee that an asset inventory appears on the record into each reposition.Behind the origin system of transferring items, send assets in transaction and open data.Usually, but this occurs in a day after the transaction also can occur in the day of trade.The asset replacement data send with several time intervals in this day from origin system.When opening a reposition on origin system, new position data (comprising CUSIP, explanation and open position and unit) also sends to native system.The data administrator is with classification position.Any change of positional data and additional send to native system from origin system as far as possible.In addition, the transaction data were sent with batch mode at the night on the same day of transferring items to origin system by origin system.Usually, this is at the night of concluding the business two days later.This system uses this information updating to have location records now, and writes down the data of filling omission at the reposition that this day opening in this system in early time.If adjustment is not finished in book keeping operation when the end that adds a day of trade, then origin system preferably sends transaction data transferring items of these transaction once finishing to native system.

Defer to analysis accurately for providing, system must safeguard accurate and assets information timely.Native system provides the manual ability of safeguarding these data item.Asset data in the system is with two overlapping classification classification.Source data is unique to be produced and maintenance by origin system, and it is not subjected to the control and the maintenance of native system.The fund management data are data of being safeguarded by native system, do not download from origin system.Be the purpose of system operation and analysis, the data item of being used by origin system will be thought of as 100% and accurately and not can be the data administrator and revise.Data by origin system produces still were not used in any processing before being transferred to native system, it is unreliable to think, and needs user-approved.

Native system is provided to be forbidden on the system-wide basis and allows ability to the update functions of all data item except that user ID.Business decision will carry out on the basis in each place, depend on the single source system, and can change according to the utilizability of the authentic communication on origin system.A dynamic reliability indicator will be categorized as reliable ＂ of ＂ and the insecure ＂ of ＂ to source system data.Native system need not insecure source system data padding data storehouse.Native system allows on-line maintenance and needs the user to be insecure to confirm.Native system does not allow reliable of on-line maintenance.

System log (SYSLOG) is to all modifications of the data item occurrence on the database.Change each time and will cause and produce a log record, it comprise change time-the date marking, carry out user ID and an optionally comment of the people of this change, be illustrated as the reason of this change.This allows to carry out any report in the native system according to the data value that can use at same date not.It also is provided as the information of audit function.Being labeled as insecure assets field may be confirmed by hand by the data administrator.The tabulation of susceptible of proof field is different in each Asset Type.Total assets just is considered to after the single approval by the data administrator be proved in all susceptible of proof fields.The data administrator has the selection of postponing assets confirmation one interim period (for example fortnight), for example, admits that in industry a data item is not operable easily, such as the not reimbursemen stock of an emerging market distribution.This class confirm will be called ' postpone confirmation '.On two workstations of week back, will eject a prompting message, and remind him should confirm temporarily to be postponed, and need carry out now the data administrator.

System will allow the multiple version of single assets, and these assets are present on two different origin systems here.This needs, because the conflicting data value is arranged in each system is possible for these assets.Provide function to allow or to forbid that the source upgrades and needed confirmation according to data source.Use the assets map table in transition period from an origin system to another.Online access allows the data administrator to find assets by their any identifier: Asset ID, illustrate, and CUSIP, SEDOL, etc.Origin system ID is the part of definitions of asset attribute.The user can list all assets or all unconfirmed assets.The data administrator can watch the explanation data of assets, by double-click this assets when watching holding position.

User interface preferred reaction data administrator is maintenance or proof information needed all important step relevant with assets.The function of being carried out when responding their action by native system also is described, such as: the assets item selected from the data popup menu; Specify the retrieval criterion; The checking of retrieval criterion; Asset List retrieval and checking; From Asset List, select; From database, retrieve assets information; The managing assets maintenance screen; Pop-up assets menu activates; To showing/hide the action of master menu assets submenu; Preserve assets information; The record of the audit that in the daily record of transaction in assets item, upgrades.This interface allow user intuitively with the native system cross reaction.

Asset data maintenance/confirmation is made up of two windows.Use first, the assets retrieval screen is searched assets item suitable in the database (or their tabulation).Use second, the assets protection screen comes service data.

The data administrator can open the assets retrieval screen by select data options from main menu screen, selects the assets item then from the submenu that occurs.An Asset List will occur in the bottom of assets retrieval.It is by default demonstration, and rests on the state of being under an embargo, up to user definition retrieval criterion and carry out database retrieval.The data administrator specifies the retrieval criterion, and system returns an Asset List to revise and/or proof.The data administrator retrieves by button activation by pushing SEARCH.The data administrator can at any time withdraw from the assets retrieval screen by clicking the CANCEL button.This will abandon asset management functions and the return data keeper to main application screen.The top of this screen will allow the data administrator to define the retrieval criterion.They will be in the combination of any literal field at the top of this screen input or prefix or complete information.By selecting in 3 radio buttons, the user selects: all assets are unconfirmed assets, unconfirmed and the assets of short-term confirmation (only for) that postpone.If do not specify retrieval criterion or retrieval criterion invalid, then system shows an error message, otherwise its searching database is searched the assets that coupling is specified criterion.If in database, do not find the assets of coupling, then should use alert message of demonstration.Otherwise the tabulation of coupling assets appears at the bottom of screen.In this point, the data administrator will select assets to be processed, by double-clicking the Asset List item or passing through to click the SHOW button.If only find an item, then system shows the asset management screen automatically.If the data administrator turns back to the assets retrieval screen and picks up other item (not being that has opened) from Asset List, can open asset management screen simultaneously more than one.

The fundamental purpose of maintenance screen is modification and/or the proof information relevant with assets.It comprises the assets information that all are replied, and transaction in assets item history.Information on user's screen can be with color coding to be convenient to the different conditions of distinctive information.For example, unalterable source information will have gray background in maintenance screen is used.Can will have dark red background by the source information that the data administrator changes.Pale red background indication is only used the information of supporting by this.The data administrator can be by pointing to and click field change in the screen information relevant with corresponding assets and importing new information (or pick up item from the respective column bezel, cluster).If data administrator's hit OK button, then system will verify whether carried out upgrading and error message of demonstration when upgrading.If the data administrator confirms to upgrade, then system attempt writing this renewal/information that confirms is to database.If there is any change invalid, then show an error message.In addition, if run into a mistake to the database write data time, a suitable error message appears then.If click the CANCEL button, then do not preserve and upgrade and/or confirmatory message.If before pushing this button, carried out any modification/confirmation, then reminding data keeper this point.The data administrator also can prove the information in having all fields of red background, and whole record (being all information of these given assets).Carry out in this any zone by click the mouse right button or asset management screen.Pop-up confirms that menu will occur.Optional in addition, by the confirmation of using the assets menu to carry out field and/or write down both.

Confirm menu item if select to postpone, then system provides the assets confirmation ＂ dialog box that a ＂ postpones on user's workstation screen.The data administrator can select application defaults to confirm to postpone the date (beginning for two weeks from current date), sets a new date, or abandons postponing verification process (by pushing the CANCEL button).Confirm the date if select to postpone, then system shows it at the top of its asset management screen.

At first, master menu assets submenu is cloudy hides.Yet when the asset management screen was activated for the first time, system provided this menu automatically, and removed it when the data administrator is placed on any other form on the top of this screen or when closing the asset management screen.The background that system changes confirmed field is a sky-blue.In addition, if all current assets informations are proved, then system's display label ＂ is proved ＂ and replaces ＂ not confirm ＂.Provide label to show other information in bottom of screen.Clicking a label will make system show asset level information.The special information relevant with assets is watched by the label that click is labeled as the special ＂ of ＂.History tab will be submitted the transaction log information to, the modification that its reaction is relevant with these assets and the history of confirmation.Certainly, can provide other label to go deep into given assets of ＂ and still realize the present invention to allow user ＂.

Being changed and/or being confirmed and after finishing on the screen, they forever are saved in the database by given assets.For doing like this, the data administrator clicks the OK button on the asset management screen.The system prompt data administrator confirms to upgrade.After preserving updated information, system will check the validity of all database updates, if and when writing data to database, run into mistake if if revise to violate database invalid with reference to globality or any change, then show a suitable error message.System imports a new record at every turn automatically in transaction in assets item log sheet when successfully preserving a renewal in database.Record in this table is made up of record of the audit information.It comprises time, user ID and the previous value of change.Can be at any time by clicking the history tab examination transaction in assets item daily record of asset management screen.

With reference to figure 9 and 9A, it represents an assets protection process flow diagram, and for showing the assets protection screen, the data administrator selects data to select assets then from the main menu screen of frame 92.The user selects the assets item at frame 90 from the data popup menu.The assets retrieval screen will occur.The user specifies the retrieval criterion to obtain an Asset List to revise and/or to confirm that it is presented on the monitor 44 at frame 91.The data administrator begins database retrieval by the SEARCH button at click box 93 places.The data administrator withdraws from the assets retrieval screen by clicking CANCEL button 94 at any time.This will abandon asset management functions makes the data administrator turn back to main menu screen.System is in frame 95 examination retrieval criterions, if specify retrieval criterion or its invalid then show an error message at frame 96.Otherwise it will carry out database retrieval at frame 97, search the assets that coupling is specified the retrieval criterion.System will carry out database retrieval, search the assets of the retrieval criterion combination of coupling input.System, illustrates or type according to Asset ID from asset table 98 retrieve data, SIC code, CUSIP, SEDOL, ticker, distribution or source information.If find the assets meet, then system provides an error message at frame 96.If the discovery assets, then system will retrieve, and submit the assets of these couplings and the tabulation of attribute thereof in the bottom of assets retrieval screen to from database.

The data administrator can select assets to be processed, by picking up suitable item at frame 99 from the asset table that shows at monitor 44.At any time, the data administrator can withdraw from the assets retrieval screen by clicking the CANCEL button.This will abandon asset management functions, make the user turn back to main application screen.The data administrator can begin a specific asset data retrieval and an expression by pushing SHOW button 491 indication mechanisms.System will carry out database retrievals at frame 493, and the Asset ID that picks up according to the user is retrieved as all information of these assets from asset table 98.At first, master menu assets submenu is hidden.Yet,, when the asset management screen is activated first, occur automatically, and when the data administrator takes any other form the top of screen to or closes the assets protection screen, disappear at frame 492.If the data administrator activates it by clicking the assets protection screen, then the assets menu of Yin Zanging reappears.System submits to the assets protection screen that comprises current assets information for revising and/or confirm this information.

Special in figure 9A, the data administrator can be at frame 494 by pointing to and click the field change information relevant with corresponding assets in the screen.In addition, at frame 494, by using the assets menu or the right button of clicking the mouse, they can confirm the information in the current field, and whole record (being all information of given assets).If data administrator's hit OK button 495, then system upgrades in frame 497 checkings, and attempts forever preserving them in database at frame 498 and 499.If click the CANCEL button, then do not preserve and upgrade and/or confirmatory message.If in hit OK button 495 back systems decision input modification/confirmation, then reminder-data keeper this point.If do not make amendment, then system shows an error message, otherwise it begins to preserve the processing of updated information.If the data administrator selects to confirm this renewal, then system 498 and 499 write renewal/information that confirms is to the database and the transaction daily record 780 of asset database 98.If determine that at frame 499 any change is invalid, then system shows an error message at frame 590.After preserving updated information, the globality of the validity of all database updates of systems inspection and database reference.If mistake is run into by system when writing data to database, perhaps any change is invalid, will show a suitable error message.

Native system is provided as the chance that multiple assets are determined grade.The grade of using is dissimilar security and from different places.The institute that system's service diary book table is preserved the assets entity changes.System also uses fund data, and it is made up of the logical field that fund information specific and permission system carry out any fund in customized treatment and the reporting system.Because the holding data of all in the system are applied to specialized fund, so all that comprise asset location, general ledger, share and transaction will be visited by the fund maintenance screen in the system with holding relevant data.

In native system, the great majority data relevant with fund are imported and are safeguarded by the data administrator is manual.Yet some fields obtain from origin system.This data supposition entirely accurate, the data administrator will not verify.All holding information receive from origin system, are considered to accurately, therefore do not safeguard in system.Must on origin system, carry out and revise transaction sending fund administration system to the change of the information of controlling interest as one.The All Activity item all has transfers items and current date, and it will allow transaction effective before they transfer items to native system, when the words of necessity.

As mentioned above, two kinds of system's fund datas are arranged: source data and fund management data.Source data is safeguarded on origin system, can not be changed by the data administrator.Origin system is that all funds that reside on the fund administration system extract fund data completely.Field is relatively one by one to all fields in the data of being extracted with respect to the fund data in the database for native system.When finding not simultaneously, will be with the fund data in the data rewrite database in the record of extraction.Special be input to fund administration system by the data administrator and safeguard therein for deferring to the fund management data of checking and can not being used for (or unreliable) origin system.When showing fund data, source system data (being also referred to as the book keeping operation data) will make all fields block can not be used for input, and the fund management data will make all field releases and can be used for input.Whenever a field is modified, no matter be by native system (for source data) or by data administrator (for the fund management data), whom ＂ final updating date ＂ and ＂ change user ID/system update that the ＂ field will be used current data and carry out this change by.In addition, a record of the audit uses following information to write for each change:

Field name-the be changed name of field;

Change the date that date-field is updated;

The time that change time-field is updated;

Origin system by whose change-fresh information;

Original value-field value before change.

Except that record of the audit is provided, for historical report uses record of the audit.When being report of last report needs in period, must check that record of the audit is the value of previous report this fund data field in period with decision.

When the general fund data are upgraded, if system will check their validity and any error message that shows when invalid is arranged.The system prompt data administrator confirms that institute changes then.In case finish, system adds/changes to database with attempting to write.When running into when changing to database anyly when wrong writing, system shows a suitable error message, otherwise these changes will forever exist.

The holding information of in the system all is all relevant with a specialized fund, and is produced by transaction.Each operation comprises accrual and monthly payment plan, all is considered to a transaction.The position of each assets of holding for a kind of fund and share are the summations for these assets all or particular transaction item.Each assets that a kind of fund is held are as the storage in holding table of independent row, and it is relevant with this fund logically to pass through fund ID.Each holding share of forming in a kind of fund is stored in the share table as independent row, and logically the fund ID-Asset ID combination by unique is relevant with this share.Similarly, the All Activity item all is stored in the transaction table, and logically controls interest relevant by unique fund ID-Asset ID combination with the assets in this fund.Set up a unique share ID and define relation between fund share and the transaction.

The assets information of the assets of holding for a kind of fund can be safeguarded on the fund level.The data administrator can input value veto the integrated asset value.This feature is the most useful to industrial classification.The comprehensive classification that some assets can the be different from acceptance assets of classifying.Assets information also can be vetoed on fund group level.This allows for the assets information of a complete customer relation maintain synchronization.For example, a fund management person can claim the ABC security to belong to the ＂ alpha-beta ＂ of company, and another one will use ＂ ABC ＂ to identify to belong to the security of independent company an of family.

Graphic user interface allows the user easily to import and changes data.When the data drop-down menu of data administrator on main menu screen selected fund, system will show selected the fund screen.The data administrator can begin to key in the fund ID that wishes in the frame retrieval of this top of screen, or the fund name, and click the SEARCH button, take out the tabulation of the fund of this retrieval criterion of coupling.For taking out the tabulation fully of available fund, the data administrator clicks the SEARCH button and does not import any retrieval criterion.System shows a tabulation fully of available fund then for the data administrator.By click field button at the top of each row can make list box with fund ID or fund name by ascending sort.The data administrator selects fund to watch, and clicks the SELECT button, or double-clicks the fund of wishing.They can click the NEW button when having suitable mandate.This will produce does not have the fund management of video data screen, and all general fund information fields do not block.They can import the data of new fund then and click the SAVE button a new fund is added system.

The fund management screen will show all data relevant with fund.3 grades of details that system will show below: fund level data; Holding level data; With share level data.At first, system will show all fund level data (fund is holding etc. for that is general fund information, fund performance).When showing fund level data, at the summary data of the top of screen (on Shipping Options Page) demonstration about the fund of selection.When the data administrator selects a specific asset location, they will have the ability deeply should control interest by select the holding ＂ of ＂ from the detailed level tree construction that shows at screen.When holding grade of display message, show about the fund of selection and the summary information of asset location have different set of tags to can be used for selecting simultaneously at the top of screen (on Shipping Options Page).Holding level data comprise detailed holding information, share information etc.The data administrator can be embedded in a share of selecting in the holding position by selecting ＂ share ＂ the tree of the detailed level from screen.To show about the summary information of fund, assets and the share of selecting at the top of screen (on Shipping Options Page), and have different set of tags to use simultaneously.Share level data comprise detailed share information, share transaction etc.

In the fund level, graphic user interface provides following label: the general fund label; Fund performance label; The fund label of controlling interest.For the fund of selecting shows the general fund label.If the data administrator has suitable access rights, then they can be modified in the fund management field on this Shipping Options Page.When the data administrator clicked the SAVE button, all changes all were permanent.The data administrator can be by clicking the tabulation that the SEARCH button turns back to available fund.Fund performance label be for select a user from/to during the performance of fund show.The holding label of fund shows a tabulation of the assets of being held by this fund.When default, system only is presented at the current position of holding in this fund,, the user is shown as all asset locations of this fund yet can being chosen in the holding fully ＂ option of the ＂ of the top of screen, even these assets are not held (but once a period of time was held in the past) for this fund is current.

The holding screen display of fund is about the holding information in the basis of asset location.By each row in this tabulation of can sorting for the left button of clicking the mouse on the row leader of each field.Asset ID, CUSIP, SEDOL, length/weak point designator and description field are with ascending sort, and last movable date, unit, expense and marketable value field are with descending sort.This will allow transaction nearest or maximum to appear at the top of tabulation.Sum up tabulation by after the desirable ordering holding, the user can be rolled to the position of hope.Optional in addition, the user can place cursor on the unit at the top of this tabulation and begin typing the value of hope.System will be put into the suitable clauses and subclauses of the value that is right after the coupling input most in this tabulation.Be deeply holding grade, the user must select one from this tabulation.The user can move to about selected holding lower detailed level by select the holding ＂ of ＂ from the tree construction that shows at screen then.

Click fund transaction label make system be shown as this fund a user provide from/to during in the tabulation of All Activity item.Row leader by any field of left click can be summed up tabulation with regard to this field ordering transaction.The transaction type will be with ascending sort, and all other fields will be with descending sort.For seeing the detailed information about a particular transaction item, the user can import a transaction ID at the top of this label, and clicks the SHOW button.Optional in addition, the user can select a transaction and click the SHOW button or double-click the item of selecting in the tabulation from this tabulation.Details about this transaction will show.

Click fund general ledger label cause system be shown as this fund a user provide from/then between during in a tabulation of all general ledger transactions.Row leader by any field of left click can be summed up tabulation with regard to this field ordering general ledger.Debit and credit's field will be with descending sort, and all other fields will be with ascending sort.For showing other general ledger transaction, the user double-clicks the transaction of selection or select one and click the SHOW button from this tabulation.

In case the user selects specific controlling interest at the fund detailed level, the holding ＂ of selection ＂ watched the more detailed information about it he just can set by the detailed level from the fund management screen.Outside summary data, will be shown as the summary data of selected assets at the top of screen about the fund that shows in the fund level.At holding detailed level, the user can click following label: holding location tags; Holding interest label; Holding share label; Holding transaction label; With holding general ledger label.Click holding location tags and cause that system shows about the holding details of selected assets.The data administrator can revise the assets classes field on this Shipping Options Page, but all other fields are read-only fields.Click holding interest label and cause that system is shown as the interest information of selected assets.All fields on this label all are read-only.

Clicking holding share label will make system show the tabulation of the share that forms this holding position.This tabulation will be included as the summary information of each share.Row leader by any field of left click can be summed up tabulation with regard to this field ordering share.Share ID and transaction type are with ascending sort, and all other fields are with descending sort.In case share is summed up tabulation and is sorted, then the user can be rolled to the position of hope.Optional in addition, the user can positioning cursor in the unit at the top of this tabulation, and begin typing the value of hope.System will move to the suitable clauses and subclauses in this tabulation of value of the most approaching coupling input.Before being deep into the share level, the user must select one from this list screen.They can move to lower detailed level about selected share by select ＂ share ＂ from the tree construction that shows at this screen then.

Click holding transaction label will make system be shown as selected assets one customer-furnished from/then between during in the tabulation of All Activity item.As other list screen, this tabulation can be sorted with regard to this field by the row leader of any field of left click.The transaction type is with ascending sort, and all other fields are with descending sort.For watching the details about a specific transaction, the user can and click the SHOW button at the top transaction ID of input of this label (be not from/to the date).Optional in addition, the user can select a transaction and click the SHOW button or double-click the item of a selection in this tabulation from this tabulation.Under all occasions, will show details about this transaction.

Click holding general ledger label will make system be shown as this control interest one customer-furnished from/then between during in the tabulation of all general ledger transactions.This tabulation can be sorted with regard to this field by the row leader of any field of left click.Debit and credit's field will be with descending sort, and all other fields will be with ascending sort.For showing other general ledger transaction field, the user can double-click the transaction of selection or select one and click the SHOW button from this tabulation.

In case the user selects a share at holding detailed level, he just can be by selecting share to watch about the more detailed information of this share the tree of the detailed level from the fund management screen.When this detailed level (that is share level) when being shown, be shown as the summary data (except that about this fund with the holding summary data that holding level shows) of selected share at the top of screen.The user can visit share details label, share transaction label and share general ledger label.Click share details label and will make the read message of system's demonstration about selected share.

Click share transaction label will cause system be shown as selected share one customer-furnished from/then between during in the tabulation of All Activity item.This tabulation can be sorted with regard to this field by the row leader of any field of left click.The transaction type is with ascending sort, and other field is with descending sort.For watching the details about a specific transaction, the user can and click the SHOW button at the top transaction ID of input of this label (replace from/to the date).Optional in addition, the user can select a transaction and click the SHOW button or double-click the item of a selection in this tabulation from this tabulation.

Click share general ledger label will make system be shown as this share one customer-furnished from/then between during in the tabulation of all general ledger transactions.This tabulation can be sorted with regard to this field by the row leader of any field of left click.Debit and credit's field will be with descending sort, and all other fields will be with ascending sort.For showing other general ledger transaction field, the user double-clicks the transaction of selection or select one and click the SHOW button from this tabulation.

The transaction detail screen shows the detailed information about a transaction.It can be from fund, holding and share detailed level for regular and account as recorded in a ledger is accessed.It is independent of the fund maintenance screen and shows, in total system as the Pop-up screen.All data that occur all are read-only, derive from origin system.This screen will show not same field, depend on transaction type (that is ordering repayment and option transaction etc.).

With reference to Figure 10, it is the process flow diagram of expression fund management, and the user enters main menu screen 100.The user selects fund at frame 101 from the data menu.System is in frame 102 read data storehouses 780 and check user's access rights.System shows the fund tabulation that this user can use at frame 103 in terminal 44.The data administrator can close the fund list screen and turn back to main menu screen.For adding fund to database, the data administrator clicks the NEW button, and the user imports fund datas at frame 106 on terminal.New fund information is write to database 781 at frame 107 by system, makes its eternal preservation.The user can select a kind of fund from tabulation, by double-clicking this or it is brightened and clicking SELECT button 108.To show the general fund information labels at frame 109.The user can close this form and turn back to the fund list screen at frame 700.The user can be from selecting the different label that the fund detailed level can be used at frame 704.The user can change the general fund data at frame 705.System writes database to change.At frame 701, system's accessing database uses the data relevant with fund to fill Shipping Options Page.

Figure 11 is the continuation of Figure 10, and its represents the processing of fund maintenance screen at all 3 detailed levels: fund, holding and share.First label of submitting to the user comprises general fund information 125.Performance label 111 can be used at the fund detailed level.General ledger label 112 can be used at the fund detailed level.Holding label 113 can be used at the fund detailed level.Test label 114 can be used at the fund detailed level.Transaction label 115 can be used at the fund detailed level.Shareholder's label 116 can be used at the fund detailed level.The user closes this form and turns back to the available fund format list by clicking X button 117.For examining holding details, the user selects the holding ＂ of ＂ in the specific holding and click detailed level tree.System is with read data storehouse 126 and the holding information of retrieval.System shows 5 different Shipping Options Pages at holding detailed level at frame 710.Location tags at frame 119 can be used at holding detailed level.The interest label can be used at holding detailed level.The share label can be used at holding detailed level.The general ledger label can be used at holding detailed level.The transaction label can be used at holding detailed level.The user can close this form and turn back to the available fund format list by clicking X button 117.

The user can watch data at the fund detailed level by the ＂ fund ＂ that clicks in the detailed level tree at frame 108 (Figure 10).The user selects specific shares and clicks ＂ share ＂ in the detailed level tree at frame 711.System is in frame 712 read data storehouses and retrieve share information.Can use at the share detailed level at frame 713 general ledger labels, share details label and transaction label.The user can select to return and retrieve the data at fund or holding detailed level by clicking ＂ fund ＂ in the detailed level tree or ＂ share ＂.The user will close this form and return the available fund format list.

Figure 12 is the continuation of Figure 11, the processing after being illustrated in user's selection and watching the transaction data.System is in frame 120 read data storehouse 127 and retrieval transaction item information.Show different transaction screens according to the transaction type of selecting.The transaction detail screen show to be bought or is sold transaction 121, dividend and distribution 122, orders and repay 123 and select 124.

System realizes and safeguards the fund group, allows the fund on the centralized processing system.This will be used for several purposes.The fund group is by allowing user's operation to defer to check and reporting that at once a complete logic fund group simplifies the management of fund.A fund group can comprise single member's fund of infinite number.Similarly, fund can belong to the fund group of an infinite number.In addition, there are some funds not belong to that any group and fund group can fall back on system and without any member's fund.Though what logic purpose is space base gold group do not have, they do not violate any reference in its entirety, because do not need parent record that subrecord is arranged, therefore allow to fall back on database.

System uses the contingency table of the database group of estabishing a pool.All funds in the system will be represented with unique clauses and subclauses in the statement of fund.When producing a fund group, in fund group table as this fund group ID of a recording storage and fund group name.When a kind of fund was related with a group, the recording storage that comprises fund group ID and fund group name was in contingency table.When another fund is related with this group, the new record that comprises unique group of ID-fund ID combination will be stored in the contingency table at every turn.These clauses and subclauses in the contingency table are organized fund with the logic connection.Be that a given group is retrieved the tabulation that all records will produce all funds in this group in contingency table.Similarly, be that a given fund ID retrieves the tabulation that all records will produce all groups of this fund participation in contingency table.

System will handle all aspect use this logic to connect.Also can be available on group fund level in any inspection available on the fund level or tracking.To the fund number in a group without limits, any fund can be commercial object needs or that wish and any other fund marshalling.Because fund not necessarily will be participated in a group, so system is automatically not related with the fund group fund.The group of estabishing a pool with the responsibility of fund with the related data administrator of being of fund group, use fund group maintenance screen.

With reference to Figure 13, this is a process flow diagram that explanation fund group is safeguarded, the user selects the data menu from master menu 130 operations at frame 131, selects fund group submenu then.System checks that at frame 132 user accesses data storehouse 134 is to determine this user's access rights then.If the user does not have access rights, then on monitor 44, show an error message.Otherwise system determines whether this user authorizes the renewal fund data.If not, then from database, retrieve fund data and blockade at frame 133.On monitor 44, show this fund group at frame 138.After these data of examination, the user clicks CLOSE button 139 then and returns master menu.

Upgrade if the user has to authorize, then system does not add blockade at frame 136 retrieval fund datas.On monitor, show these fund groups at frame 137.The user can close this form by click CLOSE button 139 and return master menu.Optional in addition, the user can click UPDATE FUND GROUPS (renewal fund group) button 530.Whether system carries out any renewal frame 533 decision users.If no, then system returns, and the fund group that is presented at frame 137 is upgraded.If once changed, then the user can be by clicking 537 these changes of cancellation of CANCEL button.For preserving these changes, the user clicks save button 536.Whether system has any mistake at frame 534 checking screens in frame 539 decisions.If the mistake of detecting, then system shows a wrong statement at frame 538.If the mistake of not detecting then should change (that is renewal) in frame 630 prompting user-approved.System is at frame 631 renewal fund group databases 632.

System provides a graphic user interface, and fund group maintenance screen is to allow user's input information and instruction easily.This screen separated into two parts: fund group and fund.The fund group comprises a list box with all fund groups in the system.Fund partly comprises two list boxes: first shows the fund related with the fund group of current selection; Second portion shows that all fall back on the fund group of system.The data administrator has and adds and the ability (in fund group maintenance screen) of deleted entry from this tabulation.

The data administrator can add the fund group by the NEW button of directly clicking under fund Groups List frame.The screen that a reminder-data keeper imports fund group information will appear when clicking the NEW button.When this information was imported the back and clicked the ADD button, this new fund group then appearred in the fund Groups List frame on fund group maintenance screen.The data administrator can add fund from the available fund tabulation and tabulate to related fund, by selecting a fund (or fund group) and click the ADD button from the available fund tabulation.Similarly, the data administrator can be from the tabulation of related fund deleted entry, by from linked list, selecting a fund (or fund group) and clicking the REMOVE button.The data administrator clicks the SAVE button this change is forever preserved when the fund that is hopeful adds or removes from association.

In native system, ＂ table ＂ is by allowing the code data related with explanation (short and/or length) to form.System comprises a table service portion, and it allows the table in data administrator's maintenance system.For each table, code and their explanation are unique.System maintenance is the table of following data type: country, general ledger account (GL), distribution, security type, origin system and transaction code, but can comprise other type.Current other table safeguarded in the system that is identified at comprises Investment Grade, state code and Holiday Dates.

To each country, in system, safeguard country code and explanation thereof.In addition, can add new country and explanation thereof and modification or deletion existing record.For each general ledger (GL) account, in system, safeguard this account and length or short explanation.In addition, can add new GL account and explanation thereof and modification or deletion existing record.For each distribution, in the distribution table, safeguard issue code and length thereof or short explanation.Can add new distribution and explanation thereof and modification or deletion existing record.

For each security type, in system, safeguard specific security type code and explanation thereof.In addition, can add new security type code and explanation thereof and modification or deletion existing record.For each origin system, in system, safeguard this particular source system code and explanation thereof.In addition, can add new origin system code and explanation thereof and modification or deletion existing record.For each transaction code, in system, safeguard this code and explanation thereof.In addition, can add new code and explanation thereof and modification or deletion existing record.For each distribution, in the distribution table, safeguard this issue code and length thereof or short explanation.Can add new distribution and explanation thereof and modification or deletion existing record.

System provides a graphic user interface to allow data administrator's input information easily.By option table the file pull down menu from master menu, the data administrator opens the table maintenance screen.This window is divided into 3 parts.Top frame indicator gauge can be selected input frame, is included in all tables of being safeguarded by this function in the system.The voting of selecting in this frame remains two contents in the frame surely.Middle boxes is submitted a list box to, shows the item of the table of current selection.Underframe display items information.Use this frame to add, revise and delete the code of a given table.These frames allow the data administrator to set up and safeguard code and they explanation in system.

3 button: NEW, EDIT and DELETE are arranged in the bottom of message box.For adding a fresh code for a table, the data administrator can select to select a table the input frame from table, clicks the NEW button then.For editing a code and explanation thereof, the data administrator selects a code, clicks the EDIT button then.Select the DELETE button that deletion is appeared at code and explanation in the messagewindow.

If the data administrator clicks NEW or EDIT button, SAVE, CANCEL and DELETE button then appear.Data administrator one finishes a code on interpolation or the modification table, and they just select the SAVE button to preserve their changing in the database, or selects the CANCEL button to wipe any change that message box is made.The CLODE button will cut out the table maintenance window, turn back to main menu screen.

When opening first, table can select input frame will show first table, is country in this occasion.This tabulation will use the current list of the table of being safeguarded by this function to fill.Should tabulation press the table name ordering when default, table can select input frame only to show first table.Data administrator easily navigation watch can select table in the input frame, perhaps by using arrow to represent whole drop-down list, perhaps by keying in the initial character of code.Can select input frame will jump to this point of this tabulation.

When the table maintenance window was opened first, the table of first in the system appeared at table and can select in the input frame, and the tabular bezel, cluster is filled with all codes of this table.When the data administrator can select input frame to select another when table from table, so the tabular bezel, cluster is with all codes fillings of this another table.The title of tabular bezel, cluster comprises the name of the table of current demonstration.

When the data administrator clicks the NEW button, message box is filled with the field that needs, so that import a fresh code for this table.The title of message box will comprise the name of that table of data administrator's work at present.If the data administrator selects a code from the tabular bezel, cluster, the code and the explanation filling of the record in the table that so needed field can be revised with the data administrator.

With reference to Figure 14 and 14A, they are process flow diagrams of the table maintenance of expression system, and the user selects TABLES at frame 141 from the File menu on the master menu 140.At frame 142, system is appropriate databases in the read apparatus then, comprises national table 146, general ledger sheet 147, distribution table 148, security type list 149, origin system table 540 and transaction code table 541.After reading and producing list box, system is the indicator gauge maintenance window on the workstation of frame 143 the user, and list box is filled with data.In these tabular bezel, clusters, user clicks table button 144.The table window that system is filled at frame 145 display column bezel, clusters then.

In case the list box of table window is filled, the user just can examine information and close this form by clicking X button 741.Optional in addition, the user can click NEW button 542 and give table interpolation information, such as fresh code.At frame 543, whether the decision user of system has to authorize is added fresh code.If no, then the user turns back to master menu 140.If the user has suitable mandate, then field code is in frame 544 initialization.The user fills these fields at frame 546.The user can click delete button 549 and advance to the processing of frame 745 (following discussion).The user can click and cancel 548, and his change is deleted like this, and field code is by initialization once more.The user can click save button 547, and in this occasion, system carries out the checking at frame 641 places.If authentication failed then produces an error message at frame 642, and shows on monitor 44.If by the screen checking, then the systems inspection lock 643.If lock is checked failure, then produce an error message and demonstration on monitor 44 at frame 642.If checking, passes through by lock, then in frame 647 new database more.

In case the list box of table window is filled, the user just can edit or deletes it at the code of an existence of frame 740 clicks.If the user selects editor at frame 649, then whether system authorizes this code of editor frame 743 these users of decision.If no, then the user turns back to master menu.If the user has suitable mandate, then by system in frame 744 reveal codes details.The user can handle as above-mentioned carrying out in frame 546 edit field then.

If the user selects delete code at frame 742, then whether system has these codes of the editor of mandate frame 745 these users of decision.If not, then the user turns back to master menu.If the user has suitable mandate, then system is in frame 746 reveal codes details.System will should delete in frame 747 prompting user-approved.If the user does not confirm, then make him return master menu.If user-approved is checked lock at frame 748 then.If lock is checked failure, then produce an error message, and on monitor 44, show at frame 545.If lock inspection is passed through, then at frame 749 these codes of deletion.

System comprises a subsystem, and it provides a user interface, and latter's generation and maintenance are made by the execution engine and be used for carrying out the data that the logic of test is deferred in definition.Defer to definition of data and have 3 layers: field, rule and test.Lowermost level at data model is a field.They are structure pieces of reporting system, expression raw data field (or the row in the database table).Some fields are from the accounting system input, and other is inner the generation.Rule is the intergrade of data model, and they are the logical statements that are made of field, is used to select the record tested and the logical operand by/failure criterion.For example, a statement from prospectus, but investment portfolio has the ability to equal to be not more than 30% ＂ of its total assets in investment in the future such as ＂, to be translated as following logic rules: select criterion: the security type is set at ＂ ＂ in the future, condition: the stock positional value and＜=total assets * 30%.Being set at security type, security positional value, total assets and 30% in the future is field.Data model is top to be test.Test is to specifying the combination of the rule that fund or fund group carry out in succession.Test allows to specify public rule sets.For example, all domestic funds will check that SEC and IRS defer to.Not separately to specify each SEC and IRS following rule, defer to IRS and defer to but can set up two test (or rule sets): SEC.Then these tests are assigned to a fund or fund group.

Any following rule can be represented with a logical form using logical operand and field.For needed all information of proof rule can be extracted from the source, load or calculate according to some known data or rule from external data source.Illustrate a rule logic operand table by the standard comparison operator (＜,＜=,=,＞,＞=, SET, NOT SET), logical operator (AND, OR and NOT), function (MIN, MAX, AVERAGE, SUM, COUNT) and field or data item form.

This structure will allow to reuse rule and Field Definition, and is each state of trade customized rules.Can develop rule base.When an existing fund is increased a new regulation, when perhaps a new fund will be added to system, fund management person can examine rule base, got the previous any existing rule of once using.This will allow one group of rule of very fast exploitation, not be required to be each new application reprogramming rule.In this subsystem each has digital ID, free-format name and explanation.

The name of the purpose of an item of explanation can be adopted in different positions, uses different naming conventions.For example, can rule of following name: % restriction in the future, holding in the future restriction.Defer to subsystem and allow newly-established or revise rule of test (that is execution).Have only the data administrator of mandate can change field, rule and test definition.Change will record this table.

All definition in the system maintenance database table and the logic of using current definition in their map tables are for having the small routine or the rule of two or 3 rreturn values: violate, warn and pass through, depend on data.Therefore most of data item can be new business environment or transaction customization by data administrator's definition and maintenance.All defer to data organization is a hierarchical model that comprises field, rule and test.Each grade is made up of the item of next group in this hierarchical structure, with logic they connected together.But operation parameter transfers data to rule and allows to set up the rule-like with same logic different value.All defer to definition and test function is visited by the subitem of deferring in the submenu that is listed on the main menu screen.

For defining the field of a complexity, involve system, computer server and Computer Database.Must ask the field type of all definition.All records of retrieval from the field type table.Name and illustrate all newer field types.Verify this information.In the table of field, seek the name of this field, report to the user.Preserve field instructs and request.In field list, insert delegation.If preserve successfully, then Field ID sent to database.Be the type input field definition of selecting.The user asks all can be used to set up the field and the function of a complex fields.This complex fields of user definition is as the field of retrieval and a function of function then.This new complex fields is saved in the complex fields definition list.

6 class fields are arranged:

Elementary field-from origin system input also is kept at the database or is used the field of predefined algorithm computation by system.The example of this field has: preservation (market value for example, CUSIP) and (total net assets, the net assets of adjustment) calculated.

The field that remaps-the be used for field that marshalling is worth a single classification.Two kinds of different field types that remap are arranged: scope and numerical value.Digital value can the grouping of usable range type field.For example, the date of expiry can be grouped into the newer field expiration time at interval in the following manner:

1 to 30 day=＞field value ＂ is less than 30 days ＂

30 to 60 days=＞from 31 to 60 days ＂ of ＂, etc.

The tabledriven field that can use value remaps, that is country can be remapped to the zone in the following manner:

If country is the U.S., Mexico or Canada, then the zone will be ＂ North America ＂,

If country is France or Britain, then the zone will be ＂ Europe ＂, etc.

Parameter field-in order to transfer data to the field of rule.Example with rule of parameter is:

Fund can not be in the XYZ government investment

XYZ passes to this regular parameter.Parameter allows same rule to have a plurality of different parameters, for example:

Fund can not be at the parameter X YZ=＂ of Japan's investment Japan ＂

Fund can not be at the parameter X YZ=＂ Mexico ＂ of Mexico's investment

Emit field-the have field of constant value.These fields are the inner use of rule definition, and for example, the emit field of called after ＂ 33% ＂ can have digital value 33.

Compound field-user-defined field comprises the combination of other field that the arithmetic sum logical operator of use standard links together, and for example, compound field profit/loss can be defined as market value-cost.

Hard coded and by the field of public use in system field-system, for example, the date of today and user ID.

Each class field has corresponding prefix in table.Produce field in the following sequence: elementary field extracts from origin system, then according to elementary field computing system field.The field of these classes produces during the data input.The field that remaps is used elementary field, system field, parameter field and the table that remaps upgrades.Compound field produces according to the definition and the value of every other field.

The field management screen show by the classification grouping and in one group, press letter sequence the tabulation of field of all current definition.Sum up and the topped field detailed information of definition label.Sum up label and represent general field information, comprising: explanation and history that ID, name, type, field are safeguarded.The definition label, if field type is a compound type, expression can be used to produce two tabulations of the field (all elementary fields, emit field, the field that remaps, system field and parameter field) of a compound field.So this screen representation will be according to the type change of current field.In addition, it is not used in elementary field.Represent and as the type of the tabulation of the field (all elementary fields) in the source of this field, the field that remaps (scope or value) and have increases, deletion or edit the table that remaps of entity function for the definition label of the field that remaps.

That discusses elsewhere is the same, is the logical statement of expression from the oral restriction of fund prospectus SEC or the derivation of IRS file according to the regular ＂ of the ＂ of native system.Rule can have only the result below two or 3: by, warning is violated.Each rule is made up of following 4 parts: input (tabulation-some rules that are used for the field (parameter) to regular Data transmission do not have parameter); Select criterion (one group of logical statement, sign should be comprised in the record in the application of this rule, that is check); Output (tabulation of field can be selected indication ordering and grouping for use, is used for checking if fail being included in the field of record); And rule definition (logical statement illustrates the restriction of an output field using two kinds of forms: concentrated with absolute; The concentrated form definition is to the numerical limit (threshold value) of the ratio of one two field, and value in field of absolute rule formal definition or triggering are violated and/or the combination of the value of the value of a field of warning and another field).

Rule definition produces record, and each that this record identification should rule is also made the logic that is used for applying definition to the data subset of definition be used to check the threshold value of warning and/or violation by the execution engine of system.Data model is a hierarchical structure, and all comprise that function and operational symbol are by the reference that is connected in existing table.The benefit of this method is that function can be expanded (for example can set up new function or rule) and need not to encode in front end applications.

The following rule maintenance screen is made up of two frames.The frame on the left side is a list box of all applicable rule.The frame on the right comprises the details of the rule of selection.By clicking a rule in the rules column bezel, cluster, the user can selective rule watches or revises.By clicking the NEW button, the user can set up a new regulation.System produces a new unique rule ID.All out of Memory in the Rule Information frame are initialised.After finishing rule definition, the user clicks save button and stores this new regulation or click and cancel button and cancel this time operation.

Right frame comprises 5 labels that are used for Rule Information.First label is to sum up label.It comprises about this regular general information, such as: rule type illustrates and name.Parameter tags comprises the information that permits a user to a kind of fund customized rules.In this screen, the user can define the parameter list that is used by this rule.Rule maintenances-selection label permission user definition criterion is so that select a subclass (that is-only use coupon bonds type) of the fund data that this rule is applied to.The field that rule maintenance-output field label allows user definition to occur in the rule report.This function also provides the ability of user definition ordering and marshalling criterion.Rule maintenance-definition label (concentrating rule type) allows user's appointment to be used to defer to the field of inspection and is that these Field Definitions are violated and warning threshold.Rule maintenance-definition label (absolute rule type) permits a user to a simple absolute rule and selects field.(for example ,-in investment portfolio, do not allow in the future).The user can select two fields (for example, dissimilar security have different restrictions to their time limit) for a tabular absolute rule.

Test is a combination of rule, and these rules can be applicable to a kind of fund or a fund group, this fund group by to list of rules the tabulation of connection form.Strictly all rules in test is the connection that independently and not has data in Else Rule or structure.This data entity is for setting up for the convenient of a kind of fund or a plurality of rules of fund set of dispense.

The user interface that is used to defer to test maintaining comprises several labels, and they allow the user deeply to obtain the information about a test.Sum up the label demonstration and defer to the test maintaining screen, it is made up of two frames.The frame on the left side is the list box of all available tests.The frame on the right comprises the details of selected test.By a test in the hit testing list box, the user can select a test to watch or revise.Click the NEW button, the user can produce a new test.System sets up a new unique test I D.Other field of in the detecting information frame all is initialised.After finishing test definition, the user clicks the SAVE button then and stores this new test, perhaps clicks the CABCEL button and cancels this time operation.Right frame is that detecting information comprises 3 labels.First label is to sum up label.It comprises the general information about this test, such as: test specification and name.

Second label is regular label, and it allows the user to be chosen in this time test to carry out which type of rule.Two list boxes show applicable rule and the tabulation that is assigned to the rule of this test to the user.The 3rd label is a history tab, and it shows test and the final updating when produce to the user, and whose modification of carrying out.

System comprises that is deferred to an engine, and it is used for application rule to fund data.Request is carried out and is deferred to test in two ways: by online menu or from schedule or task queue.Use the combination of the process of storage, and some direct SQL requests, so that provide database to connect.At both of these case, this engine collect institute promising same current/cut-off date makes up the rule of asking from task queue.Defer to engine and make up the execution of a plurality of rules so that high-level efficiency is provided.Data aggregation is undertaken by each relevant database on the invoking server.All warnings/violation inspection will be carried out on application server, not need other accessing database server.

With particular reference to Figure 15, system is from deferring to the request of inspection the task queue of frame 150 or in online user's reception of frame 151.The information of all fields that this engine will use in frame 152 is collected about the test in designated groups, and the untreated similar request in task queue 153 of searching.This allows more effectively to operate native system, because all these similar requests can move together.At frame 154, this engine is from database 156 retrieve data, uses the process of a series of storages and temporary table 155 that foundation has current field surplus (balance) for using in the test.This process will provide the minimal data visit, because most of rule/report will be shared same data.For example, 20 rules in several tests, using if desired come for certain current/cut-off date combination re-constructs CUSIP, SEDOL and asset description, then system will only set up these values tabulation once, then for all Else Rules uses it.At frame 157, whether system is the last business day of this fund on the decision current ＂ date of ＂.If current date is not the last business day of this fund, then application server will produce a series of requests are adjusted into the field of this current/cut-off date combined retrieval with the process of carrying out storage value at frame 158.Particularly, system will be from be stored in Computer Database 159 stored historical log searching data and corresponding modify temporary table 155.

After data are adjusted, the temporary table of generation will pass to application server, and it will provide ordering, criterion checking and be all single rule reports at frame 552.This processing will be totally independent of database server.The number of the estimation of the row in the table of retrieval is 100 to 500 to the maximum.The Field Count of estimating is not more than 50.For the online user of each login has the connection of a special use so that online session request to be provided.This connection is set up by application server, rather than the user.The user is free of attachment to database server fully.Each application server will be safeguarded condition of contact (pull), and the database server with tunable integers order (during fine tuning) connects.Connection request is lined up by application server.This will provide the chance of carrying out some request with parallel mode to increase system performance and get bigger ability from database server, simultaneously data manipulation divide use and database server between.

System notify automatically fund management person and fund management person some arranged the incident of schedule, and defer to and violate and warning.These notices can be passed through fax, pager or Email and send.Preferably, rule violation is in result's report or by the online report of tracking characteristics as a result.Be input to system for a kind of contact name of fund but default contact can be provided.Different contact name (having different delivery methods) can with different event correlations.

Can be from task dispatch or from fund maintenance screen access notifications screen.Notification screen is included in a list box of intrasystem available contact.The data administrator can select a user notification and Notification Method from list box.The data administrator must select at least one notification triggers device that causes notice, for example system event or test result, etc.

When the notification triggers device is one when deferring to test result, ＂ why notify the trigger option of ＂ frame will be warning or violate both one of.The data administrator can select in these options one or both.If the notification triggers device is another system event, be success, failure or postponement then for the trigger option of this frame in notice.Again, the data administrator can select any combination of these options.In case finish these fields, the data administrator just can click CANCEL at any time and delete the beginning to this time dialogue of any change and clear screen data.

The contact maintenance screen allows data administrator's input or the information of editor about getting in touch with.Figure 16 of referential expression notice request process flow diagram can use drop-down menu or other user interface apparatus to simplify the submission of this information.Pay database 162 read data storehouses table so that at frame 163 fill the list box of screen according to fund ID and test I D from the contact notice at frame 161.Use the list box on the screen of data filling monitoring device 44 of this extraction.When revising any field, activate SAVE button 169 and CANCEL button 560.Call subroutine and move the tree item to another list box from a list box.To its accuracy of all field validations and validity.Also store in the data that frame 563 amendment advices are paid on the table 564.

Figure 17 of process flow diagram is safeguarded in referential expression contact, at frame 171 according to fund ID and test I D read data storehouse table 173 screen list frame with filling monitoring device 44.List box on the data filling screen that frame 172 usefulness are extracted.The user can click CLOSE button 175 and return application module 170.The user can edit field then.If the user clicks FIELD UPDATE button 176, then system activates at frame 177 and preserves and cancel function.If the user clicks CANCEL button 179, then system is at the screen of frame 570 initialization monitors 44.If the user clicks SAVE button 178, then whether system is suitable in the data of frame 571 checking user inputs.If incorrect in frame 572 these data of decision, then system sends an error message to monitor 44 at frame 575, returns field and upgrades screen.If system does not have decision incorrect in the data of frame 572 inputs, then upgrade contact data storehouse 574 at frame 573.System returns field renewal screen then.

Figure 18 of referential expression notice delivery service process flow diagram reads contact data storehouse table 182 to fill the screen list frame at frame 181 according to fund ID and test I D.At frame 183 from database decision Notification Method (that is pager, fax, Email).Be formatted as the message of pager, Email or fax respectively at frame 184,185 or 186.System is at frame 187 another software programs of contact, such as Lotus Notes, so that send a suitable message at frame 188 by preferable methods then.

System allows to defer to analyst's selection and moves the various tests of deferring to, and comprises IRS and the SEC test and the tax and finance report.If produce report and suitable transmission notice.Particularly, preferred following report is available: the prospectus test, IRS disperses report, report of SEC1940 decree and SEC 2a-7 report.Defer to the analyst and can specify grappling (anchor) during the date, that is the current ＂ of ＂, ＂ to ＂ and ＂ from ... by the ＂ date.The time of type of reporting format (printing file or demonstration) and the arrangement of operation this report specifies by deferring to the analyst.Can provide the graphic user interface of menu-drive to help defer to the analyst and import this data.In task queue, insert a record indication and when move this test.Processing based on server will move and should ask to provide report.

With reference to Figure 19, the user selects report from master menu.Frame 191 from database 192 read to defer to, IRS and SEC data.The user must click SEARCH button 193 so that select fund to open window at frame 194 then.The user finds and selects a kind of fund, closes this window then.Fund ID, name and the movable date of transferring items show at the top of deferring to report window at frame 195, but can here not edit.The user is in 196 input current date and the cut-off dates of frame.The user selects SEC, IRS respectively or defers to label 198,490 or 492 then.Be shown as a test tabulation of each classification, the user selects (or cancellation is selected) to wish all tests of operation at frame 199,491 or 493 respectively.The user is in frame 495,496 or 497 means of selecting report to pay then.If arrange the present ＂ operation of test ＂ by button click 498, then it is lined up immediately at frame 590.Whether system is necessary in frame 593 these arrangements of decision.If not (that is test will move now), then arrange this report to move immediately, and be placed in the queue table 595 at frame 594.If the user once by button click 499 indication test operations afterwards, then opened task schedule dialog box at frame 592.After the user finished, he closed and defers to the report menu and return main menu screen.

System keeps track is deferred to warning and is violated and from originally storing these (together with response records).Follow the tracks of the subsystem of violating and comprise 5 modules: follow-up service as a result; Automatic respond services; The manual violation produces; The result follows the tracks of user interface; Show with the violation details.Follow-up service is as a result followed the tracks of all rule warnings automatically and is violated.During deferring to test execution, be the warning of a rule or violate when a fund is in, and, then, defer to engine and will call this service regardless of success or not for the strictly all rules of this test has been a fund when disposing.Defer to and carry out message of engine format, this message comprises: the unique identifier of the fund that fund ID-is just tested; The unique identifier of the test that test I D-is carrying out; The unique identifier of rule number-the be in rule in the violation (for rule violation message); The time and date of date time-stamp-violation; The brief description that illustrates-violate; And this violation of type-indication is the designator (W/V) of warning or violation.

When deferring to engine and receive a rule violation message, it will be recorded in the database.Whether will be stored in the system database from the information of this engine transmission, be the designator of this automatic engine together with indication violation source.When receiving a test when finishing message from deferring to engine, system will determine the violation state of this test.If violate any rule in this test, consider that then this test is in the violation state, pay parts so format an information and sending to notice.If in this test, do not have rule violation, then consider this test not at the violation state, so ask automatic response component to close any automatic violation.

Automatically respond services sends response to the violation of existence automatically.Do not produce any violation if test is deferred in a fund execution, then follow-up service as a result will be called this module and be transmitted the violation that an existence is given in response, if necessary.If this fund once is the same test that produced automatically in a past previous untreated violation was arranged, then respond services will transmit a response automatically, indicate this fund no longer to be in and will violate down, and close the violation designator.If this untreated violation produces by a user is manual, then system will transmit a response, indicate this test to complete successfully.Yet, violate designator and stay open.This service can not be closed the manual violation that produces.

The result follows the tracks of user interface a graphic interface is provided, and shows and print the report of current and previous violation to allow the user.The user can use fund, test, rule, violation/warning, designator is automatic or manual generation designator and its state demarkation report request.In addition, the user can be provided as the date range of this request.In case show report, the user just can ask a hard copy printout part.They also can ask to show in detail once single violation.Can also manual open a new violation.

Violating by hand to produce provides manual the transmission to defer to violation or warning.The user of a mandate can be rule/test of violation by fund of mark.Violate by manual the triggering, will call the violation notifier processes automatically.Graphic user interface will allow the user to import tracking data (above point out) by hand.In case produce manual a violation, then it just can only be closed by authorized user is manual.Manual violation will be followed the tracks of equally with automatic violation.

Violate the details that details shows provides once single violation.It is followed the tracks of in the result all information is provided on the user interface.In addition, it provides the time of violation, has notified anything to get in touch with and cause a tabulation of the strictly all rules of this violation.The user can watch and add and respond this violation.

Use the result to follow the tracks of screen and watch current violate with deferring to of history and the response of these violations.This screen is made up of 3 parts.The upper left side of screen is used for the selection criterion of quantificational expression for violating.The user can select a label for seeking, testing or screen.The upper right side of screen is used to show the violation that occurs as selection result.The bottom of screen comprises the violation that allows user search to violate, select to watch in detail, set up a manual new violation that produces or close the button of this screen.

The fund label allows the user to select will show for it the fund of violation.By input fund ID, part ID, fund name or part name, the user will select the tabulation of SEARCH button from the fund of fund management database retrieval coupling.If do not import ID or name, then show the whole tabulation of fund.The user selects a fund that will be used to select then.The user can easily roll in this tabulation by using the scroll bar in this side of tabulating.

For selecting a fund, user's moving cursor is to the fund of hope and the left button of clicking the mouse.This fund is with highlight.If select more than a fund, then the user can click all funds in the selective listing of SELECT ALL button, and perhaps they can click other fund and keep the CTRL key to be pressed simultaneously.Test label allows the user to select to show for it the test of deferring to of violating.By importing a test I D,, part ID, test name or part name, the user selects the tabulation of SEARCH button from the test of fund management database retrieval coupling.If do not import ID or name, then show the whole tabulation of test.The user selects a test that will be used to select then.The user can roll in this tabulation by using the scroll bar in this side of tabulating.

For selecting a test, user's moving cursor is to the test of hope and the left button of clicking the mouse.This test is with highlight.If select more than a test, then the user can click all tests in the selective listing of SELECT ALL button, and perhaps the user can click other test and keeps the CTRL key to be pressed simultaneously.Use the violation of screening label filtration request, source or the date range of press its state, violating level, produce.Any and all criterions can be used, if the user determines like this.The status checking frame allows user's request to open or close violation.The level check box allows the violation of user's request in warning or violation.Setting up check box permission user is the requests of delimiting how to produce by them, is by system automatically, still manual by the user.In addition, the user can import a selective date range.

In case import the field of all requests, the user just clicks the RETRIEVE button.This will trigger the inquiry of track database as a result.The result of inquiry shows in the table of screen upper right side.This comprises the fund ID of the fund that is in the violation as a result in violation table, the test I D of the test of failure, and execution date, the current state of violation (ON/OFF), the level of violation (warning/violation) and the source of violating (manual/automatically).The user selects a violation to come detailed process by cursor being placed on the SELECT button of double-clicking left mouse button or a mouse click button on the details line and clicking bottom of screen.By clicking the NEW button, the user can open one of the manual generation of screen and defer to violation.

Be not that all are deferred to inspection and can automatically perform.Some result must be by deferring to analyst's off-line computation.System of the present invention allows to defer to the analyst and imports the result of these manual investigation to system.Anyly defer to report (or other report) and not only comprise the automatic test of carrying out by system, also comprise by deferring to the hand computation that the analyst carries out.

The user can set up a manual violation that produces, and loads current date and time automatically, asks the user's of this violation ID.The user provides fund ID, the level of the violation of test I D and request.The user is from selecting the rule in the selection violation the input frame then.Need the user to import the brief description of this violation.By clicking the SAVE button, these violation data will be stored in as a result in the track database.The user can cancel operation by clicking the CANCEL button.For closing this screen, the user clicks the CLOSE button.

Violating detail screen shows about follow the tracks of the details of the violation of selecting on the screen in the result.The top frame of this screen comprises the details about this violation.This violation (or system) of the date and time of fund ID, test I D, violation, level, the state of violating, whose generation and whom has notified.Another one can select input frame to allow the user to see the strictly all rules that causes this violation.When selecting one when regular, its right side of filling be described.The Lower Half of screen shows the response to all existence of the violation in list box.The date and time of this table expression response, the response of whose input (or system), whether this response closes this violation, and word message.The user can be by clicking new response of NEW button input.This will increase a new response at the top of list box.System is with initialization date, time and user.Status Bar is initialized as to be opened.Yet, will produce a combobox with value of opening and closing if the user clicks this field.This will allow the user to close this violation.When the user clicked the TEXT field, this field was not protected, to allow the input data.In case all fields are filled, the user just can click SAVE button storage data.The user can upgrade by clicking the cancellation of CANCEL button.By clicking the CLOSE button, the user will close this screen.

Referential expression is Figure 20 of trace flow figure as a result, and the result follows the tracks of processing and accepts a formatted message at frame 200 from deferring to engine.If system is sent out for a rule violation in frame 201 these message of decision, then system violates from database 205 retrievals at frame 204 and information occurs.This message comprises: fund ID, test I D, rule name, date, time and violation/warning designator.This message is to finish for a test, and rule number will be zero.By checking regular number field, can determine that this message is that test is finished or rule violation message.Under the incident of rule violation, this processing will be violated in frame 202 storages and details be occurred to database 203.When receiving test when finishing, whether this processing must violate any rule in frame 207 decisions in this test.Table 205 occurs by the visit violation, can determine this point.The key word visit has: fund ID, test I D, date, rule number.If find one to violate appearance, then mean this test crash.Under the incident of rule violation, this processing will be stored to violate in database and details be occurred.Under the incident that success is tested, format a message so that be the existing violation of this test of this fund in frame 600 responses at frame 206.Under the incident of test crash, in message of frame 208 formats, so that be sent to the notice delivery module at frame 209.

With reference to Figure 21, the figure shows system from dynamic response.The formatted message that use receives is violated response message one of frame 210 format.On database 212, produce one at frame 211 and violate the response appearance.Message by explanation receives can determine, this message from front-end module to produce response, still from tracking module as a result.If be that a violation that produces automatically (it is in frame 213 decisions) receives a response automatically, then this module will be closed this violation.To upgrade violation at frame 214 and database 215 occur.The key field of using has: fund ID, test I D, rule number, date, He Yuan.

With reference to Figure 22, manual foundation of violating is described.The user selects to violate tracking menu 228.Follow the tracks of data and the System Data Format screen field that user interface transmits in frame 220 usefulness from the result.The user inserts any manual record of violating at frame 229 then.If the user clicks CANCEL button 223, be new user's input initialization on-screen data then at frame 227.If the user clicks SAVE button 222, then use on-screen data violating appearance and violating the details database recording storage to database 226 at frame 225.The user can close this window by clicking CLOSE button 224.

With reference to Figure 23, in frame 230 beginnings, the detailed demonstration that expression is violated tracking menu, violated information.System reads to violate response at frame 231 from system database 232.Key word is: fund ID, test I D, date.System reads to violate details at frame 233 from system database 232.Key word is: fund ID, test I D, rule number and date.Can select input frame and format screen by filling at frame 433 with the violation details with violating response padding data tree.When the user clicks NEW button 234, in data tree, produce a new response or details row at frame 234, have current date, time and user ID.For state and literal provide more newer field.Click SAVE button 237, violate in frame 539 storages and respond system database 232.Clear data the tree in any new details row.

The user can change by clicking 238 cancellations of CANCEL button, and system will remove at frame 239 should new response.Certainly, the user can click CLOSE button 530 and close this window.

With reference to Figure 24, the operation that user interface is followed the tracks of for the result is described, from master menu 240.In all screen field of frame 241 initialization.Click NEW button 243, for the manual message of handling of violating formats at frame 244.Be opened for the manual window of setting up of violating at frame 245.Click SEARCHTESTS button 246, use test ID and/or test name are in the test of frame 247 from database 249 all couplings of retrieval.Similarly, retrieval SEARCH FUNDS button 440 uses fund ID and/or fund name, at the fund of frame 441 from database 243 all couplings of retrieval.Set up tests column bezel, cluster and use test data presentation at frame 248.At estabish a pool list box and use fund data to show of frame 442.Click cancellation at frame 446 and select all buttons 445, system removes all selections from test/fund (or the unselected ＂ of ＂).Select all buttons 447 by clicking, select all test/funds at frame 448.By clicking index button 449, read to violate the appearance table at frame 540.Show that at frame 542 is violated a tabulation.The key word that uses is: fund ID, test I D, date.Use violation data to occur and set up a violation list box.Be opened for the window of watching the violation details at frame 544 by clicking selector button 543.

System provides the control report about the difference between the date value of current date and transmission, comprises general ledger report and holding report.System transmits on the date basis at one and receives information from the book keeping operation source.(that is produce holding value from transaction) the not current execution system of transferring items of real trade item.The general ledger report expression be a kind of fund when it by the cash balances data of system when the trade date of an appointment receives, and for by system original transfer items day after date but the debit of the transaction that before the cut-off date, receives and borrow the summation of working as.Each details also will be represented the trade date balance of request, comprise that the cut-off date is poor.The user can watch the transaction details of the difference between the current date balance that is included in original current date balance and comprises the cut-off date transaction.Balance and details report both can watch and print.

The holding level details of holding report expression fund.Each details comprises explanation and the unit and the cost value of Asset ID and these assets.Unit and expenses statement be shown when they by the value of system when the trade date of an appointment received at that time.But this report is also represented by system at original day the after date rendezvous value (unit and expense) of the transaction that the trade date before the cut-off date in appointment receives of transferring items, and the New Transaction date value, comprises other cut-off date transaction.The user can watch and print balance and details report.When selecting general ledger or holding control report, can asking the user that the selection criterion is provided before the retrieve data, such as the relevant date.

With reference to Figure 25 and 25A, their expressions produce the general ledger report, and the user selects the general ledger report at frame 250 from master menu.On frame 251 initialization screens all are selected criterion.Call fund retrieval window to permit a user to by clicking SEARCH button 254 at a kind of fund of the processing selecting of frame 255.Select reproduction button 253, reappear the general ledger data from database 258 at frame 256.The table of selecting is general ledger account, general ledger balance and general ledger transaction.Select criterion to comprise fund and current and cut-off date.Use general ledger balance and general ledger transaction, be calculated as the needed forward horizontal stand of working as of report at frame 257.In the electrical form of frame 259 format equilibrium criterions to user's screen 252.Select DOUBLE CLICK button, at frame 654 (Figure 25 A) with the new electrical form of transaction format that is the details of being asked.The user can selective printing button 650,655 or preview button 651,656, and in this kind occasion, printing function will call at frame 653,658 in system, or prints or show this report.Certainly, the user can select CLOSE button 657 to close this application.

With reference to Figure 26 and 26A, the generation of the holding report of they explanations, the user selects holding report at frame 260 from master menu.Selection criterion on frame 261 initialization screens.Click SEARCH button 264, call fund retrieval window at frame 265 and select fund to handle to allow the user.Click RETRIEVE button 263, reappear stock and transaction data from database 268 at frame 266.The table of selecting is holding and transaction.Select criterion to comprise fund and current and cut-off date.Use holding balance and holding transaction, be calculated as the needed forward horizontal stand of working as of this report at frame 267.In the electrical form of frame 269 format equilibrium criterions to the User Monitor 44.The user can click PRINT button 659 or PREVIEW button 699, and printing function will call at frame 658 in system, allows to print and/or show the report of controlling interest.The user can click the holding report on the screen, watches specific holding transaction.Particularly, the user double-clicks holding at frame 698, so screen formats at frame 664 usefulness transactions.Format electrical form for the details of asking with transaction at frame 664.The user can click PRINT button 655 or PREVIEW button 656, and printing function will call at frame 658 in system, allows to print and/or show the report of controlling interest.The user can click CLOSE button 657, closes holding report.

System allows the system manager to produce two system's mission reports: by user's report with by the report of access rights.To represent that by user's report which user ID has access rights to specialized fund, fund group, rule, test and systemic-function and their read/write privilege.Which access rights of report expression by access rights can be visited which user.The data administrator can select a unique subclass of user account and access rights to report each dialogue.A customer incident when leaving this function in application, function of startup, generation modification data and user then takes place at every turn.A violation incident then appears when the user logins this application or attempt to sign in to this application after their account is under an embargo with incorrect password.Any standard software package allow the system manager before printed report preview it, the Windows NT environment printing feature of standard is provided.

With reference to Figure 27 and 27A, their explanations are by the generation of the report of access rights (or activity or user ID), and user and which access rights that the system manager selects to be included in the report gauge outfit row will be listed in the report details row.Optional in addition, the system manager can select access rights to be included in report gauge outfit row and list which user ID in report details row.

For opening system's mission report screen, the system manager is the selective system Access Options the report menu of frame 270 on main menu screen.This screen allows the system manager to report that neatly this screen has two labels: by user report with by the access rights report.Each label is divided into two windows.The window on the left side comprises one for specifying the list box of report gauge outfit.The window on the right has two list boxes for decision report details row.On these two labels, the right button of clicking the mouse is placed on in the list box simultaneously, will cause that a shortcut menu occurs.In a user ID or category list frame, following option can be used: the tabulation of details, selection and available tabulation.Details will show the details about this user ID or classification.The tabulation of selecting will be listed as all user ID or the classification of the current selection of this report.Freelist will be listed in current all user ID that do not comprise in this report.In the list box of or report available at, the right button of clicking the mouse is placed on in this list box available or report one simultaneously, will produce a shortcut menu, has following option: increase, removing, details, withdrawal fully, expansion fully.Increase and each the part explanation below of removing function.Click DETAILS (details) and will produce a Pop-up frame, have details about selected.Withdrawal will be withdrawn into the highest detailed level to the tree tabulation fully.Launch fully and will be deployed into its minimum detailed level to the tree tabulation.The system manager can be by clicking the preview report before printing of PREVIEW button.The preview of the printing edition of report will occur.After the preview report, the keeper can print this report by clicking the PRINT button on their default printer.When selecting these buttons, the read apparatus table produces the report of request.

When opening system's access screen first, can see label, the last record of handling of expression by user's report.Fill the user list frame in frame 271 usefulness from the active user's of database 273 a tabulation.Customer data base comprises from the next information of user profile file table, function table, statement of fund, fund group table, rule list, test chart and access rights table.Under default situation, should tabulation sort, and on workstation 44, show at frame 274 with surname.Yet the system manager also can be by clicking suitable row leader name or user ID this tabulation of sorting.For locating a specific user account, the system manager can or use scroll bar, perhaps keys in the initial character of user's surname, and it will make this tabulation jump to the name that begins with this letter.The system manager clicks the one or more user accounts in this list box, to be chosen as the gauge outfit of this report.

For selecting all user accounts, the keeper clicks top tree tabulation label ＂ user ＂ at frame 276.When latest report of request, the tree tabulation in the permissions list frame of report is empty.Capable for being chosen as detail of a report, the system manager can double-click the access rights in the available rights list box, or clicks each and click the ADD button then.The access rights of selecting appear in the permissions list frame of report now.Can be for printing or from report, removing and select user ID and access rights group, by launching or shrinking relevant tree and tabulate.For remove access rights from the permissions list frame of report, the system manager can or double-click it, perhaps clicks it, clicks the REMOVE button then.Suppose that user account can be the authority visit of listing, then they are reported as the details row in report.Specifically, the user clicks USER ID button 670, shows the details of this user ID at frame 675.The user can also select USER ID (HEADER) button 671 or ACCESS RIGHTS button 672, and list box is by corresponding filling.The user can click PRINT button 679, and system will be report head and detailed information read access rights database table 273 at frame 679.At frame 771, print a hard copy report.

If the user clicks PREVIEW button 678, then system is report heading and detailed information read access rights database table 273 at frame 770.On monitor 44, show this report at frame 772.The user can click PRINT button 773 and print a hard copy report at frame 775 then.The user can also click CANCEL button 774, at frame 776 initialization field labels.

The user can click ACCESS RIGHTS button 673, and system will be in frame 679 display access authority details.In addition, the user can click CLOSE FORM button 674 simply, and system is with corresponding this form of closing.

Press the function class of the report screen of access rights and seemingly press user's report screen.Select this label at 277 (in Figure 27), the system manager can determine any access rights and function will occur at header line, and which user ID will be a details row in the given report.The system manager is by clicking it or selecting this label by the underlined letter and the ALT key that are pressed in this label label.The category list frame is filled with the tabulation of the classification of access rights.Letter sequence is pressed in this tabulation.The system manager clicks one or more classification in this list box, is chosen as the title of a report.For selecting all classifications, the system manager clicks the tree tabulation label ＂ ID ＂ at top.When latest report of request, the tree tabulation in the user ID list box of report is empty.In order to select the details row for this report, the system manager can double-click the user ID in the available subscribers ID list box, perhaps clicks each and clicks the ADD button then.Selecteed user ID is listed in the user ID list box of report now, and appears in the report as the details row.Can select user ID group and access rights for printing or remove them from report, this is by launching or shrinking relevant tree tabulation and realize.For remove a user ID from the user ID list box of report, the system manager can double-click it, perhaps clicks it and clicks the REMOVE button then.

The user can select to watch reporting option and watch and printed report from the tabulation of the report of previous execution.As mentioned above, report is stored in the database.Provide a menu-driven user interface to allow the user according to hope screening and ordering report.With reference to Figure 28, VIEW REPORTS 280 is selected in its expression system generation report tabulation the report menu of user on main menu screen.The user clicks SEARCH button 281, and system opens a retrieval screen.The user selects specialized fund and returns the task queue window at frame 282.The user is during the date and time that frame 283 input report names, task name, report are performed and the state finished of report then.The user clicks RETRIEVE button 284 reproduction report operation informations at frame 285 then.The user can come by the information in this row sequencing table at the row leader of frame 288 clicks table.System uses the retrieval criterion of fund ID, the date of transferring items, task name, state, date and time to reappear the report operation information from task queue database table 287.The user selects to report a report line in the tabulation table and clicks PRINT 581 or VIEW580 (or double-clicking 289 ad hoc reports) then, prints this report at this point or at frame 584, perhaps shows at frame 583.The user can close this screen by clicking CLOSE button 582.The user can be by clicking SORT button 288 ordering this report.

The user can produce report by activity.With reference to Figure 29 and 29A, the system manager by menu-driven user interface-activity reports screen-selection to be included in the user of report heading in capable, in report details row and the activity that in report heading is capable, will list and the user ID that in report details row, will list.For opening the activity reports screen, the system manager selects the activity log option the report screen of frame 290 on main menu screen.So set up list box from database 293 at frame 291.The activity reports screen shows at frame 294, and presses the User Activity ordering.Yet the system manager also can should tabulate with other parameter marshalling by clicking suitable row leader.For locating a specific activity, the system manager can use scroll bar, perhaps keys in this movable initial, and this will make this tabulation jump to the name that begins with this letter.The system manager clicks one or more activity in the list box, with the title (or a plurality of title) that is chosen as a report.

For selecting all activities, the system manager clicks the movable ＂ of tree tabulation label ＂ at top at frame 296.When latest report of request, the tree tabulation in the permissions list frame of report is empty.For being chosen as the details row of this report, the system manager can double-click the access rights in the available rights list box, or clicks each and click the ADD button then.The access rights of selecting appear in the permissions list frame of report now.Can select user ID group and access rights for printing or removing from report, this is by launching or shrinking relevant tree tabulation and realize.For remove access rights from the permissions list frame of report, the system manager can double-click it, also can click it and click the REMOVE button then.Suppose that user account has the visit to listed authority, then they will receive the details row in report.Specifically, the user clicks ACTIVITY button 690, shows the details of this ACTIVITY at frame 695.The user can also select ACTIVITY (HEADER) button 691 or USER ID button 697, and list box will be by corresponding filling.The user can click PRINT button 696 then, and activity database table 293 will be read for title and detailed information at frame 699 by system.Print a hard copy report at frame 797.

If the user clicks PREVIEW button 698, then system will be title and detailed information read access rights database table 293 at frame 790.On monitor 44, show report at frame 792.The user can click the PRINT button at frame 795 then and print a hard copy report.The user also can click CANCEL button 794, and field label will be in frame 796 initialization.

On these two labels, the right button of clicking the mouse is placed on in the list box one simultaneously, will cause a shortcut menu to occur.In ID or category list frame, following option can be used: the tabulation of details, selection and available tabulation.Details will show the details about user ID or classification.The tabulation of selecting will be drawn up all user ID or the classification for the current selection of this report.Freelist will be drawn up current all user ID that are not included in this report.In the list box of available or report, the right button and be placed in the list box available or report one and go up and will produce a shortcut menu of clicking the mouse has following option: increase, removing, details, all shrink, whole expansion.Increase and removing function are as illustrating in each part below.Click DETAILS and will produce a Pop-up frame, have details about selected.All contraction will be shunk the superlative degree of setting its details of tabulating.All launch the tabulate lowermost level of its details of tree layout.By clicking the PREVIEW button, the system manager can preview report before printing.After the preview report, the keeper can print this report on default printer.

When opening the activity reports screen first, can see activity by user tag 296.The user list frame will be filled with the active user.When default, should tabulation press the surname ordering.Yet by clicking suitable row leader, the system manager also can be with this tabulation of sorting of name or user ID.For locating a specific account, the user uses scroll bar, perhaps keys in the initial character of user's surname, the name place that this will make this tabulation jump to begin with this character.The system manager clicks the title (or a plurality of title) of one or more user account to be chosen as a report in the list box.For selecting all user accounts, they will click top tree tabulation label ＂ user ＂.When latest report of request, the tree tabulation in the effort scale frame of report will be empty.In order to select the details row for this report, the system manager can double-click the activity in the available active list box, perhaps clicks each and clicks the ADD button then.The activity of selecting appears in the effort scale frame of report now.Suppose that user account once called the last activity of listing, then they are as the report of the details row in the report.Can by launching or shrinking relevant tree tabulation and double-click this group, perhaps click it and click the REMOVE button then for printing or from report, remove user ID group and the activity selected.For remove an activity from the effort scale frame of report, the system manager both can double-click it, also can click it and click the REMOVE button then.

System provides exception to handle.Exception both can inter-process and had not been notified the user, also can produce user-friendly report.All exceptions all are recorded in the database, and can be watched by the keeper.The exception that several types is arranged: program error working time; The database access mistake; And garble.Each parts of system preferably include its fault monitoring program, and this program can directly provide report to the user.Certainly, can be by central authorities' processing block (EHB) monitoring exception that makes an exception.The order of severity and the type that depend on problem, the next step that the EHB decision will be taked (that is notice user error situation, reconnect application server and resubmit request).The sort of situation no matter, all exceptions all are stored in the local trace file.

System of the present invention allows the user to be produced as the report of specific needs customization.Be called aspect of ＂ fund management ＂, system is financial institution's interface finance accounting system and for the tax and report with defer to and monitor and extract data.These data can be arranged in a report defined by the user or that before set up in system.Can design this report and satisfy any report needs, comprise the demand of Reports Administration mechanism etc., perhaps from a fund management person's special inquiry.These reports can be carried out when needing (that is immediately) temporarily or arrange schedule.

In history, the generation of data acquisition and report is time and labour-intensive processing.Data can be collected from the manual ＂ of various data sources ＂ on the basis of every day, analyze group leader's time and examination strictly by one then.For example, if user need know a special fund in the end a year and earn how many incomes from the dividend and the interest of foreign investment, then the analyst must scrutinize whole investment portfolio, judges that those stocks are foreign, and imports data by hand in an independent report.On the contrary, native system allows such as themselves the report of the user definition of deferring to the analyst.Finance data is easily visited on screen, and system provides the omnipotence of random ＂ itemize and stripping and slicing ＂ data.By a series of keystrokes, the keeper can produce the report by security, industry, country or other classification.

A difficulty of previous manual system is not safeguard some finance data-no matter be not do for a long time or simply.For the industrial data of the key of replenishing the transaction informational needs is ignored simply.For a plurality of clients' that deal with multiple needs company, this problem more becomes exponential type.Native system allows the definition finance data relevant with a kind of fund.Usually, carrying out this point by worldwide currency management person must be in the tabulation of the data item of front end input to set up one.This data aggregation is called the single ＂ of ＂ audit work here.The input of the data in case audit work is single native system, then it comprises the information relevant with specific user with generation financial form can be safeguarded, indicates and be obtained to native system.

Also can use native system to carry out fund report (another kind of work and the process of time intensive).The fund report aspect of native system is that the raw data of U.S.'s mutual fund from report every day of fund produces year and quarterly report.All these low-level details of system set are converted into the financial form set-up procedure of formal general ledger record-significantly made things convenient for.Report author composings of can encoding directly outputs to other medium of printer, facsimile recorder, Email, computer memory or hope.

Native system also allows to produce automatically the financial form of any hope.The user is the arrangement of the given Report Definition finance data of wishing and these data.Its database can be searched by system then, reappears and arranges finance data according to hope.Being appreciated that report can comprise more complicated parameter, such as rule and test, and is not the core finance data.For example, can use native system to produce the investment portfolio form of customization, audit work automatically is single, the finance form is heavily classified, and (reclass) is regular to be adjusted with audit, non-income produces dividend, and financial form and roll forward evidence and analysis report customize, set type.In addition, can use native system to produce the report relevant with tax affairs report, special on the background of mutual fund, comprise wash sale (Wash Sales) report, the report of 988 profit/loss, PFIC analyzes, and dividend receives reduces analysis, the consumption tax report that distributes, the exempt income report, treasury stock income and assets report, the state report of earnings, foreign country's tax reduction is calculated and report.

System of the present invention comprises the aspect of pointing to ＂ wash sale ＂ function.The reporting capabilities of wash sale transaction that the wash sale aspect sign of native system is possible to determine the wash sale state, to develop to calculate wash sale extension quantity and develop into wash sale.Wash sale is to sell any loss of coming from a kind of assets,, is obtaining same assets here in the period that began to finish by back 30 days in preceding 30 days of this sale or disposal.IRS does not allow the wash sale loss, because the security holder has the same position that once had with it before sales transactions.Tax portion carries out the wash sale analysis at the excise and the End Of Fiscal Year of the fund of predetermined computation tax adjustment.

With reference to Figure 30, this is the process flow diagram that an explanation wash sale is handled summary, and system is at the frame 300 all possible wash sale transactions of identification and determine which transaction is the ＂ wash sale of ＂ reality.Can indication mechanism produce a ＂ wash sale report that ＂ is possible frame 301 users then.Preferably, wash sale report comprises the All Activity item that satisfies possible wash sale recognition logic criterion, such as in this technology, know those.Certainly, can use other wash sale criterion for special an application, those skilled in the art that understand this point.The user is in the result of frame 302 verification systems then, and vetos any transaction at frame 303 when needed by entering an online screen that is included as the possible ＂ wash sale transaction of all ＂ of specific period.The user vetos the wash sale state, and is possible, actual or follow-up.Should comprise reason row, it permits a user to each transaction and keys in a comment.Produce the ＂ wash sale report (reporting option) of a ＂ reality then frame 304 users, it will include only those transactions with the actual ＂ state of ＂.This schedule will be calculated actual wash sale extension quantity.

Financial institution is helped in the wash sale aspect of native system by identification wash sale transaction and calculating extension quantity tax portion provides schedule for a kind of fund preparation tax.Certainly, this information is provided and still realizes the present invention for tax professional in the financial institution outside.System sets up an online user interface screen with reason table and is rejection wash sale state.System comprises the batch facility of decision wash sale state.In addition, system allows follow-up year wash sale logic of development.System sets up the wash sale report.

The wash sale aspect of native system provides the user online ability of watching report.This can arrange when user's immediate command or carry out on the one hand.As mentioned above, can use the current ＂ of ＂ to handle realizes concluding the business and the out of Memory of importing afterwards.Wash sale report can be printed, electronics is preserved or according to wishing electric transmission.

Current, a preferred possible wash sale is the sale of satisfying following criterion: realized any share of economic loss in the sales transactions item, the day of trade of its purchase-transaction item is in preceding 30 days or back 30 days of day of trade of this sales quota.The day of trade of this sale did not calculate in 30 days.For example, if the day of trade of this sale is 1/1/96, the purchase-transaction item that then should be included in will be any transaction of the day of trade between 12/2/95-12/31/95 and 1/2/96 to 1/31/96 that have.

For foreign debt instrument (its source state is not the assets of the U.S.), system identification produces the thigh (using the back at 988 clean regulation rules) of the sale of the forked economic loss of a trading post (post) in the share level.Referring to Figure 31, this figure illustrates the profit/loss disposal (for each share) of 988 parts of debt instrument.That IRS 988 parts need will be divided into (that is bifurcated) two component-economy with the net proceeds/loss in the sale of a kind of debt instrument (that is non-property right) of any nondollar currency name and currency.Determine the distribution of these two components of profit/loss by using ＂ regulation rule ＂ then to arbitrary pecuniary gain/loss (also being the usual income of tax purpose) or gain on investments/loss (also being the fund of tax purpose).These regulation rules should be applied to the profit/loss component relevant with each single share of the security of selling.Regulation rule need be applied to comprise the profit/loss component of each single share that assets are sold.Certainly, 988 parts only are applied to foreign debt instrument.This regulation rule shall not be applied to foreign rights and interests stock.When beginning, system on the basis of share, determines pecuniary gain or the quantity of loss and the quantity of economic return or loss.As shown in figure 31, to reclassify this quantity then be suitable ＂ bucket (buckets) ＂ in system.Reference to 988 equals ＂ currency ＂ profit/loss.＂ ignores 988 ＂ and means whole quantity is transferred items to economic return/loss.

With reference to Figure 31, whether system has total revenue in frame 310 decisions.If have, then whether system has exchange gains in frame 311 decisions.If, then calculate exchange gains at frame 312, determine these exchange gains whether greater than total revenue in frame 313 systems.If, then all total revenues are appointed as 988 incomes at frame 315, making capital gains at frame 317 is zero.If exchange gains are not more than total revenue, then set the foreign exchange quantity that 988 incomes equal to calculate, and be poor between total revenue and 988 incomes in frame 318 decision capital gains at frame 316.

If there is not total revenue, then whether system has exchange gains in frame 319 decisions.If then ignore 988 parts at frame 710.If no, then loss on foreign exchange calculates at frame 711 in system.Whether system determines loss on foreign exchanges greater than total losses at frame 712 then.If then system is 988 losses (that is usual losses) at frame 713 setting total losses, is zero in the loss of frame 715 stated capitals.If loss on foreign exchange is not more than total losses, then system is 988 losses in frame 714 setting loss on foreign exchange quantity.The difference of setting between total losses and 988 losses at frame 716 is a capital loss.

If: buy the share number and equal the sales quota number and do not have the more share of buying to use; The forward part of working as of buying share equals zero and does not have more to buy share and can use at the report closing day; Or the residue unit that does not buy share or do not buy share stays ＂ and postpones the ＂ loss on sale, and then this sale is not a wash sale.Yet, if postponing quantity, a wash sale can postpone the calculating shown in Figure 32 that quantity is calculated as the expression wash sale, this sale is a wash sale.When the supposition of calculating below doing when wash sale postpones quantity: the analyst begins before and do not influence when calculating the residue unit reporting date and equal current unit (in follow-up year logic, before the analyst begins, remaining the unit that unit equals to buy).

With reference to Figure 32, its explanation wash sale postpones quantity Calculation, system at frame 320 so that sales quota and first purchase share begin first.Whether system is the same with the sales quota number at frame 321 decision purchase share numbers then.If then whether system has other purchase share in frame 324 decisions.If not, not wash sale then in frame 325 these sale of decision.Whether system has another sales quota in frame 328 decisions then.If not, then should calculate and finish.If, then use this sales quota and original purchase share to analyze at frame 721, system returns frame 321.

If frame 321 buy the share numbers and the sales quota number different, if or have another to buy share at frame 324, then whether system has any purchase share unit (greater than zero) to stay in frame 322 decisions.If not, then whether system has another purchase share to use in frame 323 decisions.If not, then this sale is not a wash sale, calculates and finishes.Can use if there is another to buy share, then system turns back to frame 322.

If the residue unit that buys shares at frame 322 is greater than zero, then in residue unit that share is bought in the decision of frame 326 systems whether more than or equal to the part of sales quota.If then system equals from the next total losses of sales quota in frame 329 decision wash sales delay quantity.In addition, set the number that the residue unit that buys share equals to buy the share part, and the remainder of sales quota is set at zero.Whether system has another sale in frame 722 decisions then.If not, then calculate and finish.If then system turns back to the first available sales quota with residue unit at frame 723, system begins the calculating at frame 321 places once more.

If buy the part of the residue unit of share, then set the quantity (that is (buy part/sale part * and sell the loss of coming)) that the wash sale delay equals to pro rata distribute from share at frame 327 less than sales quota at frame 326.Residue sales quota unit sets the sale part that equals less than buying part.Whether system has another to buy its residue unit of share greater than zero in frame 720 decisions then.If not then calculate to finish.If have, then system turns back to frame 326.

For at the end of the tax, native system is also carried out the wash sale analysis for the transaction that may be regarded as wash sale in next ＂ of ＂.Can take place at 30 days post sales because buy, so need logic to discern next ＂ wash sale of ＂.For the data area of analyzing is preceding 30 days of date of tax year end and back 30 days of tax date at the year end.For example, if be 11/30 the year end, then date range will be 11/1 to 12/30.The finance data of any purchase that system inspect takes place in last first of year month (that is 12/1 to 12/30), and determine whether they can be connected to any sale in the generation in last month at the year end of the undelayed tax still.System such as above-mentionedly carry out wash sale delay analysis is not except considering current unit.System uses the unit that buys.All marketing activities of generation in first month in the new fiscal year (for example 12/1 to 12/30) are got rid of by system.

Native system can also be carried out the wash sale analysis for the excise year end (it is opposite the year end with the tax).In general, doing twice wash sale analysis in 1 year, once is the tax year end, and another time is the excise year end.This twice analysis is mutually exclusive, and it means that transaction can have different states when moving for each year end.For the system logic of decision wash sale state is identical; Except when the calculating excise when year end, this year end always relevant year 10/31.During logic also can be applied at the end of the excise in follow-up year discussed above.

Native system can use one batch of program decision wash sale state.The program of criticizing execution analysis when producing report.Preferably, this batch program is not vetoed once the wash sale state by the transaction of user's rejection.After using rejection, need heavily move this program and criticize (that is report).This batch facility (report) can realize by intrasystem schedule function.Reporting date, scope did not influence the decision or the wash sale delay quantity Calculation of wash sale state.For example, if be 1/1 to 1/31 reporting date, and if in 1/3 once purchase, it is used to postpone 12/20 day purchase, and then logic is with constant, and this purchase can reuse for the purchase in January.

On a kind of basis of fund, it is the ability of all possible wash sale transaction of the online examination of time durations of a selection that system provides the user.Screen will be represented transaction on the share level.This screen will comprise a wash sale mode field, and this field allows the user to veto system logic.Have 4 more new option can use:

1. rejection did not take place in the blank indication of this field.

2. the indication of the ＂ Y ＂ in this field transaction is the ＂ wash sale of a ＂ reality.

3. the indication of the ＂ N ＂ in this field transaction is not the ＂ wash sale of a ＂ reality, and it is a possible wash sale.

4. the indication of the ＂ S ＂ in this field transaction is a follow-up year wash sale.

For each sales quota can be used to increase comment for the user has reason row.Renewal to this rejection field remains in the history log, represent old and new value, reason, come into force with past data and change the people's of this state user ID.Can use a screening washer to allow the user to watch wash sale transaction and follow-up year wash sale transaction of All Activity item (possible), reality.This screen should have print capacity.

In the fund level, activity reports describes the wash sale transaction in detail.This report use wash sale criterion decides and comprises which transaction.The ＂ that this report also represents to have accordingly the sales transactions item triggers ＂ and buys, and that is to say, causes that selling is those of possible wash sale.All values of money are all used a dollar report; Do not need local currency to show.This report should design in Microsoft Excel, but certainly uses other softwares or other display packing to realize the present invention.For carrying out any change, need the user to preserve this report and outside native system, change.

Native system provides the possible ＂ wash sale report of various report option: ＂ (listing the transaction that all are discerned as the period that is a selection by system); The ＂ wash sale report of ＂ reality (only list and be identified as actual transaction); With ＂ ＂ wash sale report in follow-up year (only listing transaction) as wash sale transaction identification in follow-up year.For the reporting format of these 3 options is identical, except when will comprise row of other expression wash sale state when selecting the report of possible wash sale.

Native system also is provided as the reporting option of 988 information.When selected, this report (any in above-mentioned 3 kinds of options) will show the forked currency loss in any past for all applicable sales transactions items.Any calculating or logic that this currency loss should not be used for reporting; It only is shown.When not selecting this option, this is listed in the electrical form hides.

System also provides the user to make the option of report demonstration, electronics preservation, electric transmission or printing.Preferably, the data in this report are pressed the CUSIP ordering, press the trade date ordering then.Preferably, this report does not provide subtotal.Yet this report can amount to short-term at the report end and postpone and the long-term row that postpone.System also allow the user in system with ＂ scheduler program ＂ all date ranges of function setting and default value.

Be the purpose of native system, carry out some supposition.If the holding phase is less than or equal to 1 year, think that then it is short-term that wash sale postpones quantity.If the stock phase, thinks then that it is long-term that wash sale postpones quantity greater than 1 year.The substantial portion that uses is equal to or less than sales quota unit or buys share unit.Certainly, the user can these be preference for a given application definition.

System can produce and provide the report of non-income generation assets for a kind of financial fund.All that do not announce fund group of dividend or fund run time that report being described in detail in this in this current holding in period.Dividend is announced will be with reference to comprehensive dividend historical record decision.Usually, need the finance report group of financial institution to be identified in to finishing not announce during preceding 12 months the qualified assets of dividend of dividend the period of preparing to announce financial form.Can use this report as the during the reporting period instrument of which assets distribution unpaid dividend of decision in appointment.Certainly, can use non-income for other reason and produce the assets report, those skilled in the art that understand this point.

Produce the assets report for setting up non-income, comprehensive dividend record is retrieved to collect by all assets of holding in the fund rejection group of a designated duration unpaid dividend by system.System sets up a report then, and it can onlinely be watched or print, and is described in detail in the assets that obtain in the retrieval.This report can produce with difference ordering criterion in fund group or fund level.Preferably, only in fund group level, system allows the non-income of user rs authentication to produce state and stores on the assets level.System sets up the revisable table of user, describes in detail to being connected to non-income and produces the non-income of assets report or the reason that income produces state.

System can also set up the data extract that will be transferred to other system such as RR Donnelley FundWorxxits and be regarded as the assets of non-income generation.Can format this data extract so that receive for other such system effectively.

This report is a current report with cut-off date function.All dates can be rewritten by the user.System is to deduct on date of the end of last month 364 or 365 days and ＂ Close Date ＂ is that the default date on the date of the end of last month is set up with ＂ ＂ Start Date.＂ begins cut-off date ＂ and deducts 365 or 366 days the end of last month.＂ finishes cut-off date ＂ and is set at that day the end of last month.Certainly, these can be adjusted by the user.

The user can be chosen as the fund group or be a single fund operational report.This report can be according to CUSIP, country/CUSIP or class/CUSIP ordering.If select country/CUSIP or class/CUSIP, then report will be listed the also assets of subtotal each several part by country or class.Each part will have country or class name as title.

Produce the assets report for producing non-income, the comprehensive dividend record of system scan does not have the current holding of ex dividend to be identified in designated duration.For each assets of returning in retrieves scan, decision all funds in the fund group are the cost shares in the earliest the activity share.System shows the trade date of this activity share the earliest.If this trade date surpassed from 1 year Close Date, then the non-income of default produces and is masked as Y.With following information updating reason field: the assets that ＂ holds were greater than 1 year ＂.If Asset Type is guarantee, right or right to choose, then non-income produces sign and is set at Y.With following information updating reason field: ＂ is not a qualified assets ＂ of dividend.In all data of assets level to equal storage date of expiration of Close Date.

System allows the non-income of checking to produce assets.Only allow the user rs authentication on fund group level.Confirming that this position is that the non-income generation of back manual setting that a non-income produces is masked as Y.If determine that these assets are that income produces, then field keeps blank.For the reason of non-income or income generation state will be selected from the reason table.For the needs reason on a date, fill in the paying date field by hand.Use storage date of expiration that equals the Close Date in all information of assets level.

One of system maintenance is the reason table that non-income produces security.These reasons comprise: the assets of holding were not the assets that dividend is qualified greater than 1 year, did not find data, paid final dividend, and stock is cut apart, and IPO.Certainly, can be in this table be other reason of special application memory according to hope.

System provides current processing power for the particular transaction item.Current evidence report is captured as all current actives of specifying reporting date, and consistent with balance reporting date.This current evidence report can be the general ledger activity and the holding report of fund is used.When carrying out season, half a year and year-end reconciliation, use current evidence report by fund management person.

System sets up the report of current evidence, the current active below describing in detail: general ledger activity (summary that gives particulars, details and transaction details 3 grades) and holding (summary and details are provided).System shows all general ledger accounts, has the past data balance in the report of general ledger Summary of activities.Press type of account (assets are in debt capital, income and expenditure) and show grouping and the general ledger past data and the current data balance that amount to.System allows to go deep into the ability of various detailed levels.Can when wishing, produce report at fund and holding level.

Current evidence report is a balance report.All dates can still be set default date in rejection working time by the user, make that report (transferring items) date is that preceding business day and report cut-off date are preceding business days.The general ledger transaction details of transferring items for each is current be those that react in the transaction detail screen of fund activity.Systematic collection is all date general ledger balances of transferring items of the reporting date of selection.Be each general ledger account, any current qualified transaction that has at reporting date or trade date afterwards of systematic collection, they are before the cut-off date of an appointment and comprise this cut-off date system that transfers items.If an account does not have current active, then system shows zero in debit/credit side's field.For each transaction amounts to all debit and credit.System is to transferring items/current date balance, debit and credit summation and grouping.For each general ledger account, system is by showing details with each current transaction type of transferring items related.For each current transferring items, system shows related transaction.Press the transaction type and amount to quantity column.

System can produce current holding final report.At first, systematic collection all of balance holding and list them with the CUSIP order reporting date.Unit, market value and expense show together with the currency of selecting based on report.For the title of this delegation's project is ＂ balance reporting date ＂.All current transactions that are collected in the detail section of this report amount to, and the unit of display, market value and expense (select show based on report currency).The market value of the unit of transaction is multiply by in demonstration based on the present price of security.Preferably, for buying, if these not securities owned of fund, then system uses comprehensive vender's price.If there is no vender's price, then system uses purchasing price.The title of this delegation's project is ＂ current active ＂, and also has the ability launching and shrink to watch details.Subtotal is the ＂ balance reporting date ＂ and the ＂ current active ＂ of each holding capable project of the total unit of demonstration, market value and expense.The title of this delegation's project is ＂ current date balance ＂.For amounting in the holding capable project of the movable ＂ of ＂ current date of this report end all under the total fund ＂ of title current active ＂.

System also produces a current holding transaction details report.Systematic collection have one same day reporting date or the trade date before it and one same day reporting date or thereafter up to all the current transactions of transferring items day that comprise the cut-off date.System show CUSIP, SEDOL, asset description (long) and list have trade date, each transaction of the date of transferring items, transaction type, unit and expense (based on reporting option demonstration currency).

System provides current processing power for certain transaction of selecting.Current general ledger evidence report describes the date account balance of transferring items in detail, for the current debit/credit side who has at the transaction of the transfer items same day on date or trade date thereafter and the native system of transferring items before the cut-off date of an appointment amounts to.Can use this report conduct is to make peace to confirm the instrument of current general ledger transaction.

System produces the evidence that describes current general ledger activity in detail.For each general ledger account, ＂ gos deep into ＂ to detail screen to system's permission such as clicking the mouse on interface screen by the response user, and the latter will show all current transferring items for the account who selects.This gos deep into ability and can be used for any current transferring items to watch the details of relevant transaction.The user can print as required and sum up and details.This report can produce at fund and holding level as required.Preferably, the report of the current ＂ general ledger of ＂ evidence is a balance report.All dates can be vetoed in working time by the user.The transaction details of transferring items for each is current be connected to the transaction in the fund activity.

For setting up the report of general ledger evidence, system is for collecting all date general ledger balances of transferring items the reporting date of selecting.Be each general ledger account, any qualified current transaction of systematic collection, it has one on same day reporting date or at the trade date thereafter and the native system of transferring items before the cut-off date of an appointment.All that add up to each transaction are borrowed and are borrowed.Then system to reporting date balance, borrow and borrow summation.For each general ledger account, system shows and each current relevant details of transferring items.

System provides an automatic audit work single, and its describes in detail to financial form heavily classifies and the general ledger balance of appointed day of adjusting.Adjustment to this audit work list comprises: automatic (reproduction) that be predetermined between the adjustment of general ledger account and manual input reclassifies (reclasses).The balance of the last adjustment that produces is used for financial form.As a part of preparing financial form, usually, the finance report portion of financial institution adjusts account book general ledger account's balance and non-actual modification accounting records, so that they can suitably be reflected in the relevant financial form.Heavily classification, expenditure adjustment, current active and audit and tax adjustment that the modification system between the general ledger account that is included in produces automatically.The audit work of system singly provides from the account book book keeping operation and equilibrates to record of the audit last, financial form balance.The balance of the last adjustment of being given birth to by the audit work per unit area yield can be included in the data extract to external service, such as Donnelly FundWorX system, is to prepare to set type, take ready financial form.

System sets up a rule (＂ heavily classify ＂) maintenance screen to be maintained as from a general account to another account the heavily rule of sort balance.System also sets up a manual entr screen.It is single to set up an online audit work, and it reacts applicable manual clauses and subclauses and heavy class entry.System also sets up one and comprises the print job list report of watching more details than online.System allows user's online verification and this audit work list of approval.System sets up a history log to all modifications of manual typing and heavy classifying rules.System also sets up one and is the state table of shop order proofing state, and sets up the connection to this audit work list.Also can set up control report.If desired, also can set up a data extracts, take passages such as FundWorX for being delivered to external service.

Usually, the single report of audit work comprise date the end of last month (if actual the last day of a month in Saturday, Sun. or market holiday, before then using commercial day balance).Cut-off date is set at the end of last month+1 (if actual the last day of a month in Saturday, Sun. or market holiday, equilibrates to next follow-up commercial day commercial day before then using).If is the last day of a month in Saturday, Sun. or market holiday, then? always on all reports and screen, show this last day of a month.Preferably, shop order is pressed the ordering of general ledger GL account number.

Be equilibrium establishment, system sets up a menu and selects to set up the general ledger balance.Collecting and sorting is all general ledger balances of this shop order date to cut-off date.Can still only store the balance of setting up recently more than an equilibrium establishment (that is using the different cut-off dates).

For setting up shop order, system applies equals all the manual general ledger balance and printings in the balance ＂ row that ＂ adjusts that are input to storage on shop order date date of expiration.The heavy classifying rules of all appointments is applied to balance in the balance ＂ field that ＂ adjusts to set up the last GL balance of a new ＂ ＂ field.If the balance ＂ that ＂ adjusts is zero, then do not use heavy classifying rules.Fill shop order then.

System allows online state to the audit work list to carry out various changes.State is safeguarded in state table.State is watched middle demonstration online.Default setting is that ＂ opens ＂.During each user's equilibrium establishment, state is that ＂ opens ＂, and the row field shows that ＂ produces balance ＂.When shop order was made amendment, this modification is preserved or cancelled to the illegal state button up to the user.When shop order being made amendment and preserve, the state of the ＂ state that ＂ that follow-up ＂, the ＂ that verifies to ＂ ratifies or ＂ are last changes will turn back to out and remain on this state, be changed by the user up to it.The user will be prompted to be comment of this change input.This comment will be reacted in status report.

Selection mode from state table, and user ID Network Based is visited each state.For example, all user grants access ＂ are opened ＂ and ＂ checking ＂ state.Only give the ＂ and the last ＂ state of ＂ of user grants access ＂ approval with other due authority.System sets up an independent label, is shown as the state history of an audit work list.This history can be printed from print button.

The tax portion of financial institution can use audit work single for the information purpose.Before audit work singly can offer taxation, it must go through.Just think just can the mark taxation classify approval as when shop order is in sanctions status.Tax user can onlinely watch audit work single or single from report menu printing audit work.Tax user has only the read access authority.

If the singly available different cut-off dates of audit work re-execute, then state turns back to out, and the user is prompted the input comment, and state is retained in out, up to being changed by the user.If follow-uply change and when preserving the modification that shop order is carried out to state checking, approval or last state, state will turn back to out and the user will to be prompted be that this modifications input is commented on.State remains out, up to being changed by the user.Shop order last for the tax is labeled as, that block and approval changes state, must be before withdrawing from screen mark.Online watch show last.For carrying out any follow-up change, shop order must be by authorized user ＂ release ＂.State turns back to out and remains out, up to being changed by the user.

Heavy classifying rules produces balance from the automatically heavily classification of a general ledger account to another general ledger account.Heavy classifying rules is heavily being set up in the classification maintenance/definition label by designated user.Explanation by importing this heavy classification, by the heavily account number of classification and the account who heavily is categorized into set up rule.Just think just to be suitable for when certain condition exists certain rule.Condition is optionally, does not need to be used in the rule.If the user attempts to set up a rule that has existed, an alert message then occurs and do not allow the user to set up this heavy classifying rules of this rule: ＂ existing.The ＂ storage rule is to use in audit work is single.

Heavily specifying heavy classifying rules in classification maintenance/fund/fund group label.By designated user in fund rejection group or fund level specified rule.Use fund rejection group logic.Fund rejection group is the same with fund rejection group in deferring to engine.When specify one then to specify this rule automatically in the fund level when regular in rejection group level for each fund in this group.If the user attempts to specify the rule of an appointment, following error message then occurs and do not specify this rule: the ＂ mistake: rule is specified.The all modifications of ＂ counterweight classifying rules is stored in rule maintenance/history tab.Can onlinely watch history log, maybe can be from print screen.

Can be from the manual entr screen of the single screen access of audit work.Set up and delete manual typing item at manual entr screen.For new manual typing item, when selecting an account, account number occurs in debit/credit side's frame with relevant account's explanation, also has a null field, is used for input dollar quantity.Before the clauses and subclauses deletion of any new manual typing item or existence is finished, must click preservation, close or cancel in the button.In case click save button then store this typing item.Only when equalling zero, just can preserve net quantity manual typing item.If this condition does not exist, then forbid save button.

The user will use an illusory CCOA to import current share.Increase is imported as the debit, reduces and imports as the credit side.Transfer items poor between date and the current date part of system-computed.Debit when the balanced array of forward horizontal stand and the adjustment between/credit side Lie Nei of this difference in audit work is single shows.Last GL balanced array is carried out the share of adjusting.Historical demonstration is connected to the phase in audit work odd-numbered day.Be the nearest phase in audit work odd-numbered day default Start Date, and the default cut-off date is current system data.The user can veto the date.Can be online or watch history with print form.Shop order is the balance report with current/cut-off date function.Default date can be rewritten on the date of arranging or in working time by the user.Preferably, default date below the system is provided: shop order date-the end of last month is (if actual the last day of a month is Saturday, Sun. or market holiday, then use last commercial day balance) and cut-off date-the last day of a month+1 (if actual the last day of a month is Saturday, Sun. or market holiday, then using to equilibrate to next follow-up commerce day last commercial day).

System provides fund book keeping operation typing report, and this report can be used to the manual typing item of transferring items about audit and tax adjustment to be submitted to the fund book keeping operation to accounting system.This report is connected to the phase in audit work odd-numbered day.Default date is the nearest phase in audit work odd-numbered day, but it can be vetoed by the user.For the shop order date of appointment, systematic collection equals the manual typing item that shop order date and fund book keeping operation are designated as ＂ Y ＂ all date of expiration.

System also provides heavy classifying rules historical report, that is to say, describes the activity reports of heavy classifying rules history in detail.All default dates can be vetoed by the user, but initial setting like this, be the nearest shop order date Start Date, the Close Date is current system data.Systematic collection is the strictly all rules history of fund, fund group or is a needed strictly all rules of appointed day scope.

System provides the final report of heavy classifying rules, and it is a heavy classifying rules of all in database and a tabulation that has been assigned to the heavy classifying rules of a fund group or fund.Default date is set like this, the Close Date-can be by date the end of last month of user's rejection.The current strictly all rules of a fund group or fund and the strictly all rules in database of being assigned to of systematic collection.

System provides a manual typing historical report, and it is that a detailed description is the activity reports of a fund in the manual typing history of a designated period of time.Default date is set like this, and be the nearest phase in audit work odd-numbered day reporting date.Date can be vetoed by the user.Systematic collection is the fund of request or the history of all manual typings of fund group.

System is provided as the information of the finance report portion of financial institution, allows them to produce composing, takes ready finance report.The last general ledger balance that is the shop order date of an appointment is included in the clip file.Clip file should be financial the request of report portion produce.System sets up an ASCII ＂ ^-＂ delimits, the file with last general ledger balance of fund of appointed day.For each fund is set up independent file.This extracts can produce according to request.This extracts is included in the general ledger balance of the last adjustment on shop order date.Though all default dates can be vetoed by the user, but their initial settings like this, the shop order date is that the end of last month is (if actual the last day of a month is Saturday, Sunday or market holiday, then use last commercial day balance) and the cut-off date be the end of last month+1 (, then using to equilibrate to next follow-up commerce day last commercial day) if actual the last day of a month is Saturday, Sunday or market holiday.

With reference to Figure 33, it is the process flow diagram of the summary of illustrative system processing PFIC information, and system allows the user to handle foreign investment company free of interest (＂ PFIC ＂) securities information identification PFIC security on the composite basis and fund basis.System-computed is to the tax adjustment of PFIC security of holding and the PFIC security of selling.In addition, system has be the reporting capabilities of PFIC on fund level basis.The manual traditionally PFIC of execution analyzes.Can use native system to set up the report that system produces; Thereby reduce the opening of fund to people's input error.In addition, the PFIC function allows more effective workflow in user corporations automatically, and produces the high-quality report, has strengthened the service level that offers the client like this.The system handles of PFIC is very important for tax purpose.Must analyze PFIC so as to avoid to they stock distribution and dispose other taxation and interest.For avoiding this punishment, the stockholder can select the mark to Market Selection power.This right to choose allows the stockholder to treat PFIC, just as it once be marketable value sale in the last day in fiscal year of stockholder.

If satisfy certain criterion of relevant income, assets etc., then assets are classified as PFIC.Mechanism of investment corporation (ICI) investigation is with 3 kinds of modes possible PFIC that classifies: the type i assets are regarded as PFIC: Type II is possible PFIC, but its state is unclear; Type-iii is represented that those are suspected now and is but no the PFIC of decision in the past.ICI investigation is produced by various mutual fund associated enterprises, and their special associated enterprises of notice ICI gives the state of assets.Because various investment consultants may draw different conclusions, this situation may appear, promptly assets are listed under classification I, II, the III, perhaps as multiple classification (that is I, III).Though some assets are classified type i as by the ICI of possible PFIC investigation, with suspicion be that the final decision of the PFIC of type i is carried out by the client.Also have the 4th kind of PFIC assets classification (IV), its other investment consultant's decisions by non-ICI (that is client) are PFIC.By definition, foreign mutual fund is the PFIC of type i V.

At the foreign mutual fund of identification in the system be: be masked as the assets of RISC or the investment corporation in asset management, its original country is not the U.S.; Asset Type is a mutual fund, and its original country is not the U.S..When setting up assets that satisfy foreign fund criterion on assets protection, these assets should automatically be added to the PFIC table, and self-verifying PFIC IV state.

System allows the other information systems input PFIC information from financial institution.The user has the ability in fund group and fund level use tracking power rejection PFIC information.For the PFIC tabulation is set up in data research.Produce the report of expression PFIC state variation.Set up the holding report of a PFIC.Also set up PFIC Sales Reports.System sets up a PFIC expense and follows the tracks of schedule and PFIC expense sale tracking schedule.

Preferably, the other information systems of financial institution is in 1 year or provide PFIC securities information on the basis half a year.This information will receive by spreadsheet program a such as Excel or by the Internet file, and be input to native system.A PFIC table in this information ST Stuffing Table maintenance menu.Should show to fill the PFIC check box in the assets protection then.When in assets protection, producing new assets, should see whether these assets are listed in this table with reference to the PFIC table.By this way, when producing assets, can upgrade the PFIC state.

With reference to Figure 33, system partly imports ICI information for its assets protection at frame 330.Upgrade assets protection information at frame 331 usefulness PFIC states.System produces the PFIC tabulation at frame 332 then.Are the data of losing studied and upgrade assets protection information at frames 333 (how this does by system then?) at frame 334, system produces the report of PFIC fund according to PFIC holding 335, PFIC Sales Reports 339, PFIC expense are followed the tracks of-holding information 930 and PFIC expense tracking-marketing information 931.At frame 336, the PFIC report is sent to client's examination.In case the subscriber authorisation approval, then system upgrades as required at frame 337.Provide in the tax of frame 338 update system and to consider that PFIC adjusts.

The assets of listing in the other system file of financial institution's file can be mated with the sedol in the assets protection with the property match in 3 kinds of modes and the assets protection: sedol; Asset description in the file can be by the ＂ α ＂ match retrieval of assets protection explanation; The entity of listing hereof is of company level; Therefore, in case find a coupling, then also will to be thought of as be same PFIC classification to other rights and interests assets with same issue code (non-debt).For example, list as PFIC I if the XYZ public issue is holding, then other distribution that all XYZ are holding (that is preferred stock) will be considered PFIC I.Input will see that issue code seeks the ownership equity assets by the holding distribution of XYZ.

Because the final decision of PFIC state is made by the investment consultant, therefore need veto function in fund group level and fund level.The rejection of fund level is only to carry out in tax administration person or more senior visit.Preferably, have only the ＂ PFIC ＂ of delegation to have and be/deny to select.Do not need single PFIC I, II, III and IV frame.This frame is empty (zero).The user is with being or vetoing this frame.

Many assets of listing the file that other one in financial institution comes comprise the data of loss.Therefore, the preferred User Recognition that helps of report has the assets of lost data, studies and can update system so that can off line.Two such reports can be particularly useful: PFIC tabulation (printing all files (can carry out in the system outside) of assets) and exception report (printing a security tabulation not importing native system, because do not find the coupling assets in assets protection).These reports should be pressed the letter sequence of asset description then by the ordering of PFIC state.Certainly, can use any clooating sequence, depend on application-specific.

System allows to produce the assets protection research report.From the assets protection file, the user can produce 4 following whole tables that report: PFIC tabulation reporting printing has the assets of PFIC state, presses the classification ordering then by the asset description letter sequence.Only PFIC I reports that being listed in the assets protection only is the assets of PFIC I, by the asset description letter sequence.Only PFIC IV reports that being listed in the assets protection only is the assets of PFIC IV, by the asset description letter sequence.Only PFIC I and IV report that being listed in the assets protection is the assets of PFIC I and IV, by the asset description letter sequence.

System allows to produce a PFIC status report-assets protection level, the change that its expression is carried out the PFIC state.This report can be for moving during a period of time, comprise all this period modification and new assetses that take place and that give a PFIC state open.This report at first by revising ordering, is opened by assets then, then, and in these classifications, by the letter sequence of explanation.An option by (nearest the arrives the earliest) ordering of transferring items the date is provided.Second ordering can be by the explanation letter.

System also provides a fund group level report, and it is illustrated in the difference between the PFIC state (the initial default state of indication in the fund group is safeguarded changes) in assets protection and the fund maintenance.Preferably, this report is only mentioned the fund group maintenance for (that is this field is not empty) those assets of having upgraded.Difference in the PFIC state will be, if for example the assets protection state is that I and fund group safeguard it is N.In addition, this report should be illustrated in also that the fund group has been masked as PFIC in safeguarding but in assets protection the assets of no PFIC state (that is assets protection is ＂ ＂, and the maintenance of fund group is ＂ Y ＂).It is the date operation of a selection that this report should be had the ability.This report should at first be pressed the ordering of assets protection PFIC classification, then by explanation letter sequence (empty assets protection classification should be got the last place).Option by the date ordering of transferring items (date is to the earliest date recently) also should be arranged.Second ordering should be by the explanation letter.

System also provides a fund level status report, the difference between it one of is illustrated in fund level PFIC state and fund group level or the assets protection.This is particularly useful, because can use rejection in the fund level.This report is at fund level state relatively, decision PFIC state whether with different (whether this fund is a rejection fund group) of assets protection or fund group level.This report should at first be pressed the ordering of assets protection PFIC classification, then by explanation letter sequence (empty assets protection classification should be got the last place).Option by the date ordering of transferring items (date is to the earliest date recently) also should be arranged.Second ordering should be by the explanation letter.

System provides a possible PFIC holding report, and its detailed description has the assets of PFIC state all current controlling interest in the share level for all.The PFIC state that is used for this report should or not use the rejection state from the assets protection level.The all currencies amount is represented (not needing to show local currency) with dollar.Report heading is the holding report-ICI classification ＂ of the possible PFIC of ＂.PFIC is holding, and report should all have printing, file and Show Options in fund level and fund group level.For current report, must calculate the market value.This calculating equals the market price that share multiply by reporting date.For unconsummated profit/loss, this calculating equals poor between marketable value and the cost.This report should be assets subtotal share, cost, marketable value and the unconsummated profit/loss more than a share.Should not occur in the report amounting to.

System provides possible PFIC Sales Reports, and it is described in detail in the sales transactions item of the possible PFIC security of designated period of time.This report comprises all assets with PFIC state, that is foreign mutual fund.The PFIC state that is used for this report should or not use the rejection state in the assets protection level.For the sales transactions item that in report period, is undone, comprise neither that original transaction does not comprise yet to cancel transaction.If outside report period, cancel transaction, then should comprise this transaction, this cancels transaction should appear at next report period.Cancel transaction and have the symbol opposite with the sales transactions item.The all currencies amount should be represented (not needing to show local currency) with dollar.This report will be printed on all the sales transactions items in the designated period of time, and its title is the possible PFIC Sales Reports of ＂-ICI classification ＂.

The profit/loss feature of realization can be calculated by system.Yet the logic of the profit/loss feature that realizes for decision must be mated the calculating that comes from origin system.This report should be for having the profit/loss more than each assets subtotal share, cost, income and the realization of a share.Should not occur in the report amounting to.

Set up the definition of PFIC by financial institution.Should use the most current PFIC state.If assets are considered to non-PFIC assets, change into the PFIC assets then, then these assets should be considered to PFIC assets, even are historical purpose.The user follows the tracks of schedule from the original purchase date operating cost of these security, and system need rebulid expense and follow the tracks of schedule from that day to the current date.Should allow modification to the PFIC state in assets protection and the maintenance of fund group.In assets protection, will upgrade the true ＂ PFIC of ＂ state (from ICI) and holding report of possible PFIC and possible PFIC Sales Reports, show.Use standard rejection logic when determining whether security are a PFIC.This report should at first be seen fund level-whether do not have the PFIC state, sees fund group level-whether do not have state then, sees the assets protection level then.

Figure 34 is that explanation PFIC expense is followed the tracks of the process flow diagram of holding schedule.For all shares of the PFIC assets that are considered to hold, be necessary for the expense basis that tax purpose is calculated an adjustment by a fund.Rise in value in expense in conjunction with market in the expense basis of this adjustment.Rolling forward every year in the expense basis of this adjustment, is sold up to this share.When disposing, use the expense basis of adjusting to determine the profit/loss that the tax realizes.It is an activity reports that an expense is followed the tracks of schedule, and it is used to describe in detail the expense basis into the adjustment of each share.A share is for entering this schedule that year that obtains it.This share was stayed in the schedule for keeping in its each follow-up year.This share was removed from schedule in its that year of being sold; Yet data over one year should be stayed in this schedule in the past.Therefore, assets will be stayed in this schedule, up to that year that the last share of being held is sold.The all currencies amount is calculated with dollar.If assets are changed into PFIC state (defining) from non-PFIC state sorted logic, then be necessary for and all years that these assets are held rebulid the tracking schedule, when report is moved by the user.Should follow the tracks of holding report for a spreadsheet program design cost, such as Microsoft Excel.The user should be able to see in the holding tabulation of fund level with by double-clicking or select one and control interest, and should be able to go deep into ＂ and see whole expense tracking schedule by ＂.This screen should have print capacity.Should there be update functions to use.For data are changed, need the user to change as electrical form preservation file with in the system outside.

With reference to Figure 34, its explanation PFIC expense is followed the tracks of the process flow diagram of schedule, and whether system is considered to a PFIC in frame 340 these assets of decision.If not, then calculate and finish.If it is a PFIC, then whether system holds in the last fiscal year in frame 341 these assets of decision.If not, then set up a new expense and follow the tracks of schedule at frame 342.If these assets were held in the end 1 year, then whether system is held in the last fiscal year in frame 344 these shares of decision.If not, then a new share is added to existing expense and follows the tracks of on the schedule at frame 345.If this share was held in the end 1 year, then whether system has the part of this share to sell in frame 346 decisions in the current fiscal year.If not, then system is the current fiscal year to calculate the expense basis of adjusting at frame 347.If there is part to sell, then system pro rata distributes the numeral of this year at frame 348 for remaining share.System is the current fiscal year to calculate the expense basis of adjusting at frame 349 then.

The user has two reporting options to use.In first, the user can move whole report (being included in this finance or excise year) or be asset identifier operation this report of an appointment.In second, the user can (this schedule will react controlling interest of previous financial year end end of year for End Of Fiscal Year (this schedule will be reacted the value of holding and this End Of Fiscal Year) excise, but reaction expense, the market of the expense of Tiao Zhenging and excise end of year value forward) report of operation.This report should always be represented the whole history of assets.The year that the current fiscal year ＂ of term ＂ equals to finish analysis; Or the last End Of Fiscal Year date before the current date of transferring items.For example, if the date of transferring items is 5/5/95, the End Of Fiscal Year of fund is March, and the then current fiscal year is year 3/31/95.

If share is sold (by sales transactions or in the repeatedly transaction of this year) fully in the current fiscal year of calculating, then ＂ should occur and sell ＂ fully at these row.If a share was sold in inner branch the in current fiscal year, then list existing ＂ and partly sell ＂ at this.If the current fiscal year to the not generation activity of this share, then should keep blank by row.State should be retained in the schedule into several years ago.

The evaluation in market is equaled market value and following poor between one of among both: a.) original expense, if this share was bought in current year; B.) expense of adjusting forward is if this share was held in the last fiscal year.If the part of this share is sold and to be taken place in the current fiscal year, then original expense and be necessary for remaining share pro-rata during current fiscal year from the expense both that the last fiscal year is adjusted forward.Only when market increment (market value＞cost), use evaluation to market.Like this, if there is market to devalue, then should use ＂-＂ to fill to the evaluation field in market.

The expense of stop adjusting equal the market value or: a.) original expense, if this share was bought in current year; B.) expense of adjusting forward, if this share in the last fiscal year, hold, in higher one.The expense of Tiao Zhenging equals the expense that this share is adjusted from the termination in last fiscal year forward.If this share is not sold in preceding year, then these row should be filled with ＂ N/A ＂.Sell if the part of this share took place in the current fiscal year, then the expense of adjusting forward from the last fiscal year is necessary for rest parts pro-rata in the current fiscal year.

This report should be by the asset description letter sequence when for all assets operations.In each assets, detailed schedule should sort according to End Of Fiscal Year, and in each End Of Fiscal Year, by the ordering of share number.This report should be for each fiscal year, share, original expense, the expense of adjusting forward, market value, to the PFIC evaluation in market be to have more than the termination adjustment expense of the assets of a share to carry out subtotal.For these assets or this report do not need to amount to.

System also allows for excise period (10/31/XX) (＂ PFIC expense is followed the tracks of-holding-excise ＂) and calculates the expense basis of adjusting for PFIC.In order to be that assets occur in excise schedule end of year, it must be once formerly fiscal year treat as a PFIC.If assets are held at last End Of Fiscal Year, then it occurs in the excise report, unless it was sold before this excise date end of year.If once bought the other share of these assets, then these new shares will be comprised in the excise report.The expense of Tiao Zhenging will equal the value of last End Of Fiscal Year (10/31/94) forward.The market value will equal the value of excise date (10/31/95).For the logic of the expense calculating the PFIC evaluation in market and stop adjusting follow the tracks of with the PFIC expense-holding report is the same, will be with the annual ＂ replacement of ＂ excise except to the reference of ＂ fiscal year ＂.

With reference to Figure 34, system provides the report of a PFIC expense tracking-sale schedule.When a share that is considered to the assets of a PFIC is sold, use the expense basic calculation tax profit/loss of adjusting.Expense is sold and followed the tracks of the schedule detailed description is the calculating of these transactions.All currencies quantity dollar.If assets change to PFIC state (defining) from non-PFIC state sorted logic when moving this report by the user, what be necessary for then that these assets are held rebulids the tracking schedule in all years.Expense is followed the tracks of Sales Reports should be for a spreadsheet program design, such as Microsoft Excel.The user should be able to see the tabulation that the PFIC of sales transactions item stock is once arranged in the fund level.By double-clicking or select a cusip, the user should be able to go deep into ＂ and see whole expense tracking sale schedule by ＂.This screen should have print capacity.Update functions should not arranged.For the date is changed, to require the user to preserve this document be the excel spreadsheet lattice and change in the system outside.

In this occasion, the user has two reporting options to use.First, the user can move whole report, and it is included in interior all transactions in period of this appointment, or is an appointment sedol operational report.In second reporting option, the user can or be excise operational report end of year (this report will be included in the sale that last excise was transferred items in year) for End Of Fiscal Year operational report (this report will be included in the sale of transferring items in the last fiscal year).Yet this report should have the ability for any date range operation.

The expense of Tiao Zhenging always equals from the expense of adjusting forward of last End Of Fiscal Year calculating forward.This numeral is not upgraded in the whole fiscal year.If equaling the End Of Fiscal Year date, uses the trade date of selling the expense of adjusting forward from last end of year.If do not hold this share, then use original expense in the last fiscal year.It like this, will not have tax profit/loss, because will equal the account book profit/loss.

The expense of Tiao Zhenging always equals from the expense of adjusting forward of last excise calculating end of year forward.This numeral is not upgraded in year in whole excise.If equaling excise date end of year, uses the trade date of selling the expense of adjusting forward from last end of year.If do not hold this share, then use original expense in last excise year.It like this, will not have tax profit/loss, because will equal the account book profit/loss.

If the fate from the trade date of buying the date to the trade date of selling is equal to or less than 1 year, think that then this gains or losses is a short-term.If the fate from the trade date on purchase date of this share to the trade date of selling thinks then that greater than 1 year this gains or losses is long-term.Tax adjustment equals tax profit/loss and deducts the account book profit/loss.According to definition, this is a negative always.For each assets, this report should the subtotal share, original expense, the expense of adjusting forward, income, short-term and long-term tax profit/loss, short-term and long-term account book profit/loss and more than the tax adjustment of the transaction of a share.

The present invention has been described according to a preferred embodiment of the invention, and these embodiment are that the purpose unrestricted for explanation introduced.The present invention has several advantages with respect to prior art, comprises that it can be applied to various funds neatly, and it can easily be revised to satisfy a kind of special needs of fund, and it can be promptly with the regular moving model that changes.System provides in extremely short period and defers to test, provides simultaneously than test result more accurately known in the art.Improvedly defer to test and allow to give fund management person and defer to the analyst warning is provided in early days and automatically, thereby reduce the more serious possibility of deferring to violation.Should be appreciated that, within the scope of the invention,, can realize providing modification, variation and the feature of disclosure benefit for those skilled in the art that.

Claims (100)

1. compliance system that is used for fund, these funds are made up of the set of financial instrument and by one group that the is predetermined investment regulation management relevant with these financial instruments, this system comprises:

Be used to store data computing machine memory devices;

Can operate the computer processor that is connected with this computer memory arrangement, this computer processor comprises:

Be used to store the equipment of investment rule;

The equipment of the value of the fund information of the financial instrument of storaging mark composition fund, the quantity of each financial instrument and each financial instrument;

Receive the equipment of the Transaction Information of concluding the business about the financial instrument of forming fund;

Be received in the given time durations equipment corresponding to the value information of the value of these financial instruments;

Revise the equipment of fund information according to one of this value information at least or Transaction Information to small part;

Be used for comparison fund information and the regular equipment of investment; With

Relatively produce the equipment of a signal according to this to small part.

2. one kind monitors the method that client's finance fund is deferred to for financial institution uses one group of predetermined investment rule, and this client's finance fund comprises the set of financial instrument, and analyst monitors and by fund management person's control, this method comprises by deferring to for it:

Storage investment rule on financial institution computer;

Storage comprises the fund information of financial instrument identity, comprise fund, form this fund each financial instrument quantity and form the value of each financial instrument of this fund;

Receive the relevant Transaction Information of forming the financial instrument transaction of this fund;

At the value information of a given time reception corresponding to the value of these financial instruments;

Revise fund information according to one of this value information at least or Transaction Information to small part;

Relatively fund information is regular with investment;

Relatively produce a signal according to this to small part; With

Give according to this signal to small part and to defer to the analyst and send message.

3. the method for claim 2 wherein, produces signal according to violating the investment rule, and wherein, described message is to provide the warning of the information of selection to deferring to the analyst.

4. the method for claim 3 comprises in addition that inquiry that response analysis person comes is given to defer to the analyst and provide about the details of the special investment rule violated and about the fund information of this violation.

5. the method for claim 4, wherein, the analyst estimates described details and gets in touch with client fund management person and report this violation.

6. the method for claim 2, wherein, described signal is based on the comparison of carrying out at very first time point, this method is included in very first time point back in addition and receives other Transaction Information or value information, part is adjusted fund information according to this other Transaction Information, response receives other value information in the value of the financial instrument of second time point, part is adjusted fund information according to this other value information, more adjusted fund information and investment rule, if send a warning to deferring to the analyst when small part relatively produces an adjusted signal according to this and exist to violate this investment rule.

7. the method for claim 6 comprises the information that storage is adjusted about the reception and the fund information of other information in addition.

8. financial fund carried out defer to the system of test for one kind, wherein, financial fund comprises multiple financial instrument, and these security are bought under fund management person's guidance and sold, and this system comprises:

The equipment of the finance data of the financial instrument of this finance fund of the relevant composition of reception;

Generation is as the equipment of the investment rule of the logical statement of this finance data, and wherein, this invests the activity that rule declaration fund management person allows;

The equipment of storage investment rule;

Produce the equipment of the test that comprises a rule at least;

Whether the application testing rule might violate the equipment of any investment rule with decision to finance data; With

Report may be violated the equipment of investment rule.

9. the system of claim 8, wherein, the equipment that receives finance data is the computer system by financial institution's control.

10. the system of claim 9, wherein, the information service provider of finance data to small part from the financial institution outside receives.

11. the system of claim 9, wherein, computer system is by the portion's of deferring to control of financial institution, and finance data another department to small part from financial institution receives.

12. the system of claim 11, wherein, finance data to small part receives by electronic installation.

13. the system of claim 12, wherein, finance data to small part receives by global communications network.

14. the system of claim 9 is included as financial institution in addition and receives equipment corresponding to the data of the sale of the financial instrument of forming fund and purchase from fund management person.

15. the system of claim 14, wherein, financial institution receives transaction data by its supervision department, and the latter gives the portion's of deferring to transmission transaction data of financial institution.

16. the system of claim 8, wherein, the equipment of storage investment rule is included as the equipment that calculates storage investment rule in the hangar at one.

17. the system of claim 16, wherein, the equipment that produces the investment rule comprises the rule that retrieval computing machine library lookup had before been drafted.

18. the system of claim 17, wherein, the equipment of storage investment rule comprises from calculating the equipment that hangar is copied to a few investment rule.

19. the system of claim 16, wherein, the equipment that produces test comprises from calculating the equipment of hangar copy rule.

20. the system of claim 9 comprises producing the explanation application testing to the equipment of finance data and the display of demonstration report in addition.

21. the system of claim 20 wherein, comprises the equipment on survey report basis in addition.

22. the system of claim 21, wherein, display is a computer workstation, and report is submitted on display in the electronics mode, and wherein, the equipment of survey report comprises the user input device that can be operationally connected to this workstation.

23. financial fund carried out defer to the method for test for one kind, wherein, this finance fund comprises a plurality of financial instruments, they are bought under fund management person's guidance and sell, and this method comprises:

Receive the relevant finance data of forming the financial instrument of this finance fund;

Store this finance data;

Generation is as the investment rule of the logical statement of this finance data, and wherein, the investment rule declaration allows fund management person's activity;

Storage investment rule;

Generation comprises the test of at least one investment rule;

Use this finance data of testing storage and whether might violate any investment rule with decision; With

The situation that report investment rule may be violated.

24. the method for claim 23, wherein, finance data is received by the computing machine of being controlled by financial institution.

25. the method for claim 24, wherein, the information service provider of finance data to small part from the financial institution outside receives.

26. the method for claim 25, wherein, computing machine is by the portion's of deferring to control of financial institution, and finance data another department to small part from financial institution receives.

27. the method for claim 26, wherein, finance data to small part receives by electronic installation.

28. the method for claim 27, wherein, finance data to small part receives by global communications network.

29. the method for claim 24 comprises by financial institution receiving corresponding to the transaction data of selling and buy the financial instrument of forming fund from fund management person in addition.

30. the method for claim 28, wherein, financial institution receives transaction data by its supervision department, and the latter is transmitted the portion of deferring to that transaction data is given this financial institution.

31. the method for claim 25, wherein, storage investment rule comprises that storing the investment rule calculates hangar to one.

32. the method for claim 31 wherein, produces the rule that the investment rule comprises that this computing machine library lookup of retrieval had before been drafted.

33. the method for claim 32, wherein, storage investment rule comprises that being copied to few one from the calculating hangar invests rule.

34. the method for claim 31 wherein, produces a test and comprises and duplicate a rule from this storehouse.

35. the method for claim 24 comprises that in addition producing one illustrates that using this tests the report of finance data and show this report on a display.

36. the method for claim 35 comprises the agency of the financial institution on survey report basis in addition.

37. the method for claim 36, wherein, described report is submitted to a computer workstation in the electronics mode, and wherein, survey report comprises and uses an input equipment that can be operationally connected to this workstation to click the interested field of this agency on the display.

38. the method for claim 24 wherein, produces the investment rule from the dialogue between the employee of fund management person and financial institution.

39. the method for claim 24, wherein, by agency of government issue investment rule.

40. the method for claim 24 wherein, is issued the investment rule by the promoter of financial fund.

41. the method for claim 24, wherein, possible violation reports to the employee of financial institution by computer workstation.

42. the method for claim 24, wherein, possible violation reports to the employee of financial institution by facsimile recorder.

43. the method for claim 24, wherein, possible violation reports to the employee of financial institution by pager.

44. the method for claim 24, wherein, the employee of financial institution is given in possible violation by Email Report.

45. the method for claim 24, wherein, possible violation reports to fund management person by computer workstation.

46. the method for claim 24, wherein, possible violation reports to fund management person by facsimile recorder.

47. the method for claim 24, wherein, possible violation reports to fund management person by pager.

48. the method for claim 24, wherein, possible violation is given fund management person by Email Report.

49. the method for claim 24, wherein, fund management person can pass through a global communications network mission report.

50. the method for claim 24, comprise in addition with the computer system cooperation to receive finance data and report be provided.

51. the method for claim 24 comprises in addition revising and invests rule, uses the report that the investment rule of revising arrives finance data and a modification is provided.

52. the method for claim 24 comprises the step that monitors this method in addition, unsuccessful step of retry and the state of reporting these steps are given the employee of financial institution.

53. the method for claim 24, comprise in addition revise finance data and then application testing arrive amended data.

54. system that financial fund is carried out financial analysis, wherein, financial fund comprises multiple financial instrument, and they are bought under fund management person's indication and sell, this finance fund has definition and forms the definition that the permission of the financial instrument of financial fund concerns, this system comprises:

Reception can and be a equipment about the finance data of the financial instrument of forming financial fund with numeric representation;

Be to produce equipment as the investment rule of a logical statement of finance data, wherein, the definition that this investment rule declaration should the finance fund;

The equipment of storage investment rule;

Generation comprises the equipment of the test of at least one investment rule;

Use this and test finance data with the decision equipment whether any investment rule may be violated; With

Report the equipment of this decision.

55. method of financial fund being carried out financial analysis, wherein, this finance fund is made up of multiple financial instrument, and financial instrument is bought under fund management person's guidance and sold, this finance fund has the definition of the permission relation of the financial instrument in this finance fund of definition, and this method comprises:

Reception can and be a finance data about the financial instrument in this finance fund with numeric representation;

Generation is as the investment rule of a logical statement of finance data, wherein, and the definition that this investment rule declaration should the finance fund;

Storage investment rule in Computer Database;

Generation comprises the test of at least one investment rule;

Use this and test finance data to determine whether any investment rule may be violated;

Report this decision.

56. method of financial fund being carried out financial analysis, wherein, this finance fund is made up of multiple financial instrument, financial instrument is bought under a fund management person's guidance and is sold, this finance fund has the definition of the permission relation of the financial instrument in this finance fund of definition, wherein, by the financial institution's execution financial analysis that has supervision department and defer to portion, this method comprises:

Reception can and be a finance data about the financial instrument in this finance fund with numeric representation, and this finance data is received by a computing machine of being controlled by financial institution;

Wherein, finance data to small part from this financial institution outside information service provider and receive by electronic media to small part;

From the transaction data of fund management person's reception corresponding to the sale and the purchase of the financial instrument in this fund;

Wherein, this financial institution receives transaction data by its supervision department, and supervision department's transmission data are given its portion of deferring to;

Storage is corresponding to the transaction data and the finance data of the time durations of a selection;

Generation wherein, is invested the definition of rule declaration finance fund as the investment rule of the logical statement of finance data;

Storage investment rule in Computer Database;

Generation comprises the test of at least one investment rule;

Whether application testing may violate any investment rule to finance data with decision in this time durations;

Produce of the report of explanation application testing to finance data; With

Show this report.

57. the method for claim 56, wherein, finance data to small part receives by global communications network.

58. the method for claim 56, wherein, report is paid by global communications network.

59. the method for claim 58, wherein, storage investment rule is included in calculates hangar stored investment rule.

60. the method for claim 59 wherein, produces the rule that the investment rule comprises that retrieval computing machine library lookup had before been drafted.

61. the method for claim 58, wherein, report is represented on display in the electronics mode.

62. one kind is financial institution and monitors the method for client's finance fund according to one group of predetermined parameters, this client's finance fund comprises a set of financial instrument, and defers to by one that the analyst monitors and by client fund management person control, this method comprises:

Stored parameter on financial institution computer;

Storage comprise the financial instrument of forming this fund identity, form this fund each financial instrument quantity and form the fund information of value of each financial instrument of this fund;

Reception is about the lastest imformation of the change in the Financial Information;

Part is adjusted fund information according to this lastest imformation;

Compare fund information and parameter;

Relatively produce a signal according to this to small part; With

Give according to this signal to small part and to defer to the analyst and send a message.

63. the method for claim 62, wherein, parameter is by the issue of control agent mechanism, and wherein, message is the tax affairs report about fund.

64. the method for claim 62, wherein, parameter is to point to the investment guideline of fund information and lastest imformation.

65. one kind monitors client's finance fund for financial institution and for this client's finance fund produces financial method of reporting, this client's finance fund comprises a set of financial instrument, and by client fund management person control, this method comprises:

On financial institution computer storage comprise the financial instrument of forming this fund identity, form this fund each financial instrument quantity and form the fund information of value of each financial instrument of this fund;

Storage is corresponding to the parameter-definition that is the needed control data of this finance fund on financial institution computer;

Reception is about the lastest imformation of the change in the Financial Information;

Part is adjusted fund information according to this lastest imformation;

From the fund information adjusted and lastest imformation retrieval finance data corresponding to parameter-definition;

To small part signal of finance data generation according to retrieval; With

Send a message according to this signal to the user to small part.

66. the method for claim 65, wherein, parameter is by the issue of control agent mechanism, and wherein, message is the tax affairs report about fund.

67. the method for claim 65, wherein, parameter-definition is to point to the investment guideline of fund information and lastest imformation.

68. a computer program has a plurality of program steps of carrying out on computers, to realize and to control the compliance system of fund, wherein, fund comprises a set of financial instrument, and it is by one group of predetermined investment rule control relevant with this financial instrument, and this program comprises:

Set up and the regular device of storage investment;

Storaging mark is formed the device of fund information of the value of the quantity of financial instrument, each financial instrument of this fund and each financial instrument;

Reception is about the device of the Transaction Information of the transaction of the financial instrument of forming this fund;

Reception is corresponding to the device of the value information of the value of this financial instrument in a given time durations;

Revise the device of fund information according to one of value information at least or Transaction Information to small part;

The device that compares fund information and investment rule;

Relatively produce the device of a signal according to this to small part.

69. the compliance system of a fund, fund are made up of the set of a financial instrument and by one group relevant with this financial instrument predetermined investment rule control, this system comprises:

Computer processor has and executive routine, and can operate:

Storage investment rule on the computing machine of financial institution;

Storage is included in the fund information of the value of the quantity of sign, each financial instrument in this fund of the financial instrument in this fund and each financial instrument in this fund;

Receive and store Transaction Information in during a preset time about the transaction of the financial instrument in this fund;

At the value information of a given time point reception corresponding to the value of financial instrument;

Part is according to one of this value information or Transaction Information are adjusted fund information at least;

Relatively fund information is regular with investment;

Relatively produce a signal according to this to small part; With

Give according to this signal to small part and to defer to the analyst and send a message.

70. product, comprise a computer-readable storage medium, it has the physics substrate, physically be configured to represent a computer program, this computer program comprises the device of storage investment rule, and storage is included in the device of fund information of the value of the quantity of sign, each financial instrument in this fund of the financial instrument in the fund and each financial instrument in this fund; Reception and storage are about the Transaction Information of the transaction of the financial instrument in this fund with at the device of a given time point reception corresponding to the value information of the value of financial instrument, part is adjusted the device of fund information according to one of this value information at least or Transaction Information, the device of this fund information and investment rule relatively relatively produces the device of a signal according to this to small part.

71. a method that monitors client's finance fund, this fund is made up of financial instrument, and this method comprises:

(a) storage investment rule on the computing machine of financial institution;

(b) at the fund information that receives on the computing machine of financial institution and store about the financial instrument in this fund;

(c) reception is about the Transaction Information of the transaction of the financial instrument in this fund;

(d) reception is about the value information of the value of the financial instrument in this fund;

(e) part is according to one of this value information or Transaction Information are adjusted fund information at least;

(f) relatively fund information is regular with investment; With

(g) prepare this report relatively of explanation.

72. the method for claim 71, wherein, the investment rule comprises the rule relevant with the tax demand of this fund.

73. the method for claim 72, wherein, the investment rule comprises the relevant rule of definition with the fund of being announced by fund management person in addition.

74. the method for claim 73, wherein, the investment rule comprises the relevant rule of finance performance with fund in addition.

75. the method for claim 73, wherein, fund information comprises holding level data.

76. the method for claim 75, wherein, fund information comprises the transaction data.

77. the method for claim 76, wherein, fund information comprises tax share data.

78. the method for claim 77, wherein, fund information comprises the general ledger data.

79. the method for claim 78, wherein, fund information comprises rate of foreign exchange.

80. the method for claim 79, wherein, fund information comprises the data of describing fund.

81. the method for claim 74, wherein, fund information comprises holding level data, transaction data, tax share data, general ledger data, rate of foreign exchange and describe the data of this fund.

82. the method for claim 81 wherein, is to import from a data source that is different from financial institution to the small part fund information.

83. the method for claim 71 wherein, is to import from a data source that is different from financial institution to the small part fund information.

84. the method for claim 71, wherein, fund information comprise the part of difference and at least a portion have this part of indication be when enter financial institution computing machine the date and time marking and be stored.

85. the method for claim 84 wherein, can produce report for a particular point in time.

86. the method for claim 85 is adjusted fund information after being included in particular point in time in addition, the time and date that storage is adjusted and move another report according to the fund information of adjusting.

87. the method for claim 71, wherein, report is the interactive mode report of representing on a monitor, comprises in addition by the user submitting about the inquiry of this report and responding the fund information that this inquiry provides selection.

88. the method for claim 87, wherein, fund information have the indication this fund information the item be when enter financial institution computing machine the date and time marking and be stored.

89. the method for claim 71 wherein, comprises manual relatively fund information and following rule and the manual input results of the user computing machine to financial institution in addition, wherein this result is included in the report.

90. the method for claim 89, wherein, user's identity is stored in the computing machine of financial institution.

91. the method for claim 71, wherein, Financial Information comprises item, and this method comprises in addition discerns them for reliably and when receiving the item of other selection from the data source that is different from this financial institution discerning them for unreliable when receiving the item of selection in financial institution.

92. the method for claim 91 need confirm insecure item by hand by the user before being included in relatively this fund information and investment rule in addition.

93. the method for claim 91 comprises in addition and specifies the owner of a user as fund information that wherein, except that through the owner ratifies, data can not be changed reliably.

94. the method for claim 91, wherein, item is used color coding in report, to distinguish reliable and unreliable.

95. the method for claim 71, wherein, for the fund information of multiple fund is stored on the single financial institution computer, but like this segmentation in fund makes and can or only upgrade for a kind of specialized fund for all funds of holding this financial instrument for a kind of fund information of given financial instrument.

96. the method for claim 71, wherein, report be electronics and offer the user by a global computer network.

97. the method for claim 71 comprises the schedule of arranging step (b)-(g) in addition, makes them take place in the time of a selection.

98. the method for claim 71 comprises the schedule of arranging step (b)-(g) in addition, makes them with occurring in sequence of selecting.

99. the method for claim 71, wherein, the investment rule must be by people's approval of selecting in this financial institution before storing the computing machine of financial institution into.

100. the method for claim 71, wherein, the investment rule is revised before can being right after comparison.

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