KR20060100013A - Escrow service system and method for investing payment in financial merchandise - Google Patents

Abstract

The present invention relates to a system and a method for investing a transaction amount in a financial product and finally processing the transaction value, including the processing of future profits, in various escrow services for protecting the transaction price in a financial institution. More advances can be made by setting / suggesting optimal financial products considering periods, diversifying final processing, and rewarding transaction costs due to unexpected destruction of transactions as well as compensation for opportunity costs during the escrow period. Provided escrow service system and method thereof.

E-Commerce, Escrow, Financial Instruments, Investments

Description

Escrow Service System and Method for Investing Payment in Financial Merchandise

1 is an overall configuration diagram of an investment escrow system according to an embodiment of the present invention

2 is a basic operation and flowchart of FIG.

Figure 3 is a preferred screen showing the investment decision information

4 is a preferred screen showing processing agreement information;

5 is a screen showing the investment-related information for each seller of the broker

** Explanation of symbols for main parts of drawings **

10: investment linked escrow system 20: buyer terminal

30: broker terminal 40: seller terminal

50: other financial institutions 60: operating financial institutions

70: network 80: financial network

110: web providing server 111: member management server

112: escrow server 113: investment management server

114: transfer management server 115: database server

116: host (account) 117: external communication server

The present invention relates to a system and method in which a transaction price is invested in a financial product and a future transaction value and proceeds are processed during a period in which a financial institution protects and deposits a transaction price.

In order to secure the transaction in various e-commerce, escrow service is proposed to protect the transaction price by managing the deposit and withdrawal of the transaction price by financial institutions. However, in the case of the conventional escrow service, not only the opportunity cost of the transaction price is generated during the escrow period, but also the escrow service fee is paid to the financial institution. In addition, from the seller's point of view, if there is a contract breach or a refund request from the buyer, there is a problem that no compensation for transaction costs is required.

The present invention has been made to solve the above problems and to provide a more advanced financial services, the object of the present invention is to transfer the transaction price protected to the financial institutions in the optimal financial products in escrow services applied to various e-commerce An investment escrow service system and method which is invested and includes final proceedings processing and final processing.

It is another object of the present invention to provide a system and method that can be conveniently incorporated into the escrow field of various commerce requiring the protection of transaction funds.

This object is achieved by the present investment escrow system and method. The investment escrow system, which constitutes an aspect of the present invention, is characterized by an additional configuration of investing a transaction amount into a financial product suitable for a protection period and a scale and final processing, including future proceeds processing, in various conventional escrow system configurations. An investment-linked escrow service method constituting another aspect of the present invention includes a financial product investment means of escrow funds during an escrow process serviced in various conventional fields; And processing means including proceeds processing. In other words, the system and method of escrow service that financial institution protects the transaction price is provided in various e-commerce fields. Fundamentally, the financial institution that received the transaction price from the buyer protects the transaction price, fulfills the transaction and settles the settlement. If the processing of the transaction price to the buyer / seller at the time of the final processing reason including the deadline, transfer order, and the destruction of the transaction was the basis of the conventional escrow service, the investment escrow system and method of the present invention is the underlying transaction. During the term of the protection period, the investment of the transaction price is made in the optimal financial product suitable for the protection period and the scale of funds, and the future financial product itself is replaced by the buyer / seller; or the financial product is bought back and the cash is transferred; Proceeds may be transferred or distributed separately from the proceeds; It characterized by a system and method including means for processing; body treatment.

Specifically, according to an aspect of the present invention, in an escrow system of a financial institution that is networked with a plurality of transaction participant terminals to provide an escrow service, the escrow system of the financial institution is a web for data communication with the plurality of transaction participant terminals Providing server; A member management server determining whether a member is based on data input through the transaction participant terminal and performing member management; It is connected to the web-providing server, grants escrow account, protects the transaction price, and manages the investment and proceeds of the proceeds in escrow basic function that manages the transaction price in case of processing reason. Escrow server; An investment management server controlled by the escrow server to process financial product investment (purchase) and repurchase (sell) of financial products; A transfer management server controlled by the escrow server for processing transaction and profits to a target account; Database server including a database required for the operation of the investment-linked escrow system; And the like is included. The database further includes information necessary for the operation of the investment linked escrow system, such as member information, escrow account information, escrow application information, financial product information, investment decision information, investment history information, processing commitment (planned) information, processing history information, etc. It is characterized by the configuration. This configuration refers to a system configuration including an additional device and a database for investing a transaction in a financial product and processing future transactions and profits in an escrow system that is operated in various electronic commerce fields.

When the financial company providing the system of the present invention performs the role of a broker between the buyer and the seller, a server and a database are additionally configured to provide an interface between the buyer and the seller and to handle brokerage of commerce. It can be understood that the investment escrow service system of the present invention can also be implemented for escrow services combined with various commerce and financial services.

In the case of making an investment of the transaction price by consigning a financial product operated by another financial institution, the financial institution providing the investment escrow service of the present invention communicates with the operating financial company to provide information on the set amount and the termination amount of the financial product. In addition, information on the financial instrument's reference price, other financial product investment and management, etc. is transmitted to and received from the operating financial company and reflects the received information.

According to another aspect of the present invention, a method of providing an escrow service using a system comprising a plurality of transaction participants terminal and escrow system of a financial institution providing an escrow service and a network connecting them, the process of applying for an escrow service; Transaction payment process; Transaction fulfillment process; Transaction processing; Among the conventional methods for providing an escrow service in various electronic commerce fields, including basically, etc., investment means for the transaction price; And processing means including proceeds processing; characterized in that the financial product investment of the transaction price and processing of future transaction price and proceeds.

In the present invention, the investment means of the transaction price (1) to receive the investment decision and / or data on the selection / decision of the financial product transmitted from the transaction participant terminal to make an investment based on this; and the transaction price (2) a method of making an investment decision by automatically depositing funds and automatically investing in financial products; It is characterized by any one or more of the manner.

In the present invention, the method (1) is a process for determining whether the member authentication by the member data transmitted from the transaction participant terminal network connected to the escrow system of the financial institution; and investment matters to the member terminal authenticated as a member And a screen for determining and transmitting the investment decision information including investment decision and / or financial product determination according to the screen displayed in the process. The transaction price is a process of acquiring the financial products in accordance with the investment decision information transmitted / stored through the above process to make an investment; characterized in that it comprises a.

In the present invention, the process of transmitting investment decision information related to the decision of investment and / or the selection / decision of a financial product from the member terminal before depositing into an escrow account; After deposit; Characterized in that it is included in the process.

In the present invention, the financial products that make up the investment price and investment, single or / and a plurality of financial products divided according to the protection period and / and the size of the transaction price; Single or multiple financial instruments irrespective of the term of protection or / and value of the transaction; It is characterized by any one or more of.

In the present invention, the processing means including the proceeds processing, (3) a method for receiving and storing the processing agreement information transmitted from the transaction participant terminal to compare with the processing reason; (4) a method of processing by comparing the processing schedule information specified by the financial institution and the reason for processing; It is characterized by any one or more of.

In the present invention, the step (3) is a process for determining whether the membership authentication based on the member data transmitted from the transaction participant terminal connected to the escrow system of the financial institution; Transmitting and displaying a screen for committing the transaction and proceeds to a member terminal authenticated as a member; A process agreement information is input / selected from the member terminal and transmitted according to the screen displayed in the process; When the processing reason occurs, the process of performing the final processing including the proceeds of the proceeds according to the processing agreement information for the processing reason by comparing the processing agreement information stored / received through the process and the processing reason; characterized in that it comprises a; .

In the present invention, the process of receiving the processing agreement information through the member terminal before the transaction amount is deposited into the escrow account; After the payment has been received; Characterized in that included in any process.

In the present invention, the proceeds including the proceeds processing, the financial product is replaced by the target account; The financial instrument is repurchased and cash transferred to the target account; The financial instrument is repurchased and the proceeds and proceeds are separated and transferred to their respective target accounts; The financial instrument is redeemed and the proceeds or / and trading value are distributed and transferred to each target account according to the distribution ratio in the information to be processed; It characterized by including any one or more of.

In the present invention, in the case of a financial instrument that is not cashed on the date of redemption (selling), the expiration date of the escrow period and the redemption period (cashed after selling) in addition to the method of processing after cashing after the redemption (sell) at the time of processing reasons If the reason for processing (except the expiration of the period) does not occur until the point at which the stock is considered), the purchase of the financial instruments should be made first at the point where the redemption period is considered, and the finalized cash and transaction value and proceeds will be processed. It is characterized by including.

Hereinafter, exemplary embodiments of the present invention will be described in detail with reference to the accompanying drawings, and like reference numerals designate like parts throughout the drawings.

1 is a block diagram of an investment escrow system according to an embodiment of the present invention.

As shown in the figure, a plurality of transaction participant terminals 20, 30, 40 and an investment escrow system 10 of a financial institution, and a network 70 connecting them are constituted. In addition, the financial institution 10 is connected to other financial institutions 50 and the financial network 80 to form a money transfer system, and the financial institution 10 does not directly manage investments in financial products that are subject to investment in trading money. If not, the financial product consignment sales system is additionally configured to connect with the operating financial company 60 and transmit and receive the matters regarding the new establishment and termination of the financial product, the standard price, and the like. Since the money transfer system and the consignment sales system are well known technologies in the financial sector, detailed description thereof will be omitted.

The network 70 preferably uses a wired / wireless Internet, which is an open network that can be freely connected and used by an unspecified number, and the transaction participant terminals 20, 30, and 40 include a PC and a PDA. Means appliance.

The investment escrow system 10 includes a web providing server 110, a member management server 111, an escrow operation server 112, an investment management server 113, a transfer management server 114, a DB server 115, and the like. It is configured to include.

The web providing server 110 is configured to transmit and receive data to and from the transaction participant terminal, and provides an interface between a plurality of transaction participant terminals when the financial institution 10 providing the service performs mediation of commerce.

The member management server 111 compares the personal data of the user input from the transaction participant terminal with the personal data of the corresponding member stored in the database to determine whether the member is a member, and the data required for registration as a member to the database. It performs the function of saving and managing.

The escrow server 112 is connected to the web providing server 110, when applying for an escrow service through the terminal to give an account for escrow, to the basic function of the conventional escrow to manage transaction processing when the reason for processing occurs In addition, it additionally includes management of transactional investment and proceeds.

The escrow server 112 receives investment decision information including investment status, investment target product, etc. from the terminal of the authenticated transaction participant, and receives / stores the transaction price deposited from the buyer of the transaction. Accordingly, it is determined whether or not to invest the transaction price, the investment target product is judged, and the transaction value is managed to make the investment with the corresponding financial product.

In addition, the escrow server 112 receives from the terminal of the authenticated transaction participant received processing agreement information that has previously agreed on the processing of the transaction price and proceeds, and compares with the processing agreement information received / stored when the processing reason occurs. Manage transaction value and proceeds according to processing agreement information for.

In addition to the above processing method of receiving and processing the processing agreement information from the terminal of the authentication member, the service of the present invention may be implemented in a form in which a financial institution specifies the processing schedule for the processing reason in advance, in which case the escrow server ( 112) compares the processing reason with the expected processing information when the processing reason occurs and manages the transaction price and proceeds.

The investment management server 113 is controlled by the escrow server 112 to buy the corresponding financial products, or repurchase (sell) the financial products as the transaction price, and reflect the investment price, etc. Manage it.

The transfer management server 114 is controlled by the escrow operation server to finalize the transaction price and proceeds to the target account.

The database server 115 information necessary for the operation of the investment linked escrow system, such as member information, escrow account information, escrow application information, financial product information, investment decision information, investment history information, processing commitment (plan) information, processing history information, etc. Manage it.

Preferably, when a financial institution sets up a financial product for which escrow funds are invested during the escrow period, it is desirable to set the financial product in consideration of the nature of the transaction, the protection period, and the size of the funds. In other words, the escrow service can be applied to various economic activities (commerce, etc.), and the protection period and the amount of funds will vary according to the nature of each transaction. It is preferable to set in consideration. For example, in transactions with short escrow periods, invest with short-term financial instruments or similar instruments, such as MMFs, beneficiary certificates, repurchase agreements, or similar instruments. It is desirable to set this increasing product, and such product setting will enable a person skilled in the art to develop / set a product that optimally considers the eligible investment target and operation method according to each period and size.

Preferably, when a financial institution presents a financial instrument for which escrow funds are invested during the escrow period, present a fixed rate, a floating rate, a fixed rate of return, an expected rate of return, an investment target for a financial instrument, or an existing financial instrument or an existing financial instrument. It is possible to present a new product in the form of a financial instrument or a new form of a financial instrument. A person of ordinary skill in the art suggests an optimal product in consideration of the size of the transaction and the protection period.

2 is a basic operation and flowchart of the investment escrow system according to an embodiment of the present invention.

The connection request of the terminals of the plurality of transaction participants through the network 70 is received from the web providing server 110 of the financial institution 10, the authentication process (S110) is performed by the member management server 111, a new The information input when registering as a member is stored in the database by the database server 115. The certified member is selected / worked on the screen displayed through the member terminal to request / confirm the escrow, determine / confirm the investment matter, treat / confirm the transaction, deposit / confirm the transaction, confirm the investment history, and request the processing (S111). ).

Buyer / Seller / Intermediary among the certified members who apply for escrow service by joining the members of the system for the purpose of applying the future escrow service; Buyers / sellers / brokers who sign up for membership in the system and apply for escrow services in order to agree on a transaction and receive escrow services for that transaction; Buyer / Seller / Broker to apply for services by joining as a member of the system for the purpose of transactions through the financial company (10); The escrow service server 112 receives the request for escrow service request from the member terminal, etc., and processes the various escrow applications, characterized by granting an escrow account (S112).

The present invention aims to provide a processing means including investment means and proceeds processing of the transaction price in various escrow services, the above-mentioned S112 is a known technique and can be provided by various methods. In addition, as in the conventional publicly known technology, it is desirable to take measures such as notifying the counterparty of the escrow application information, including the assigned escrow account, or having the counterpart subscribe to the system.

Preferably, the system provides an investment decision means, and accordingly receives information on whether to invest or / and the investment target financial products from the authentication member terminal and stores the investment decision information in the database (S113). Preferably, the trading partner registers as a member and confirms the investment decision information through a terminal, and provides information including a matter of the investment decision when a confirmation request is made.

FIG. 3 is a diagram related to S113, in which investment decision information related to selection of preferred investments and / or financial products and / or confirmation of the matters provided to the member terminal is shown.

Preferably, a contract for processing is provided, whereby a request for a processing contract is received from the authentication member terminal and the processing contract is stored in a database (S114). It is preferable that the transaction partner confirms the processing agreement through the terminal as a member, and provides information including the details of the processing agreement when the confirmation request is made.

FIG. 4 is a diagram related to S114, in which matters relating to a preferred treatment agreement provided to the member terminal are shown.

The process of S113 and S114 allows the investment means and / or processing means to be determined / committed from the member in the system of the present invention, so that investment and financial instruments can be bought according to the investment decision information, and the transaction price according to the processing agreement information. It also explains how to make the proceeds and proceeds processed, and it is also desirable to have an automatic investment system for transaction price without providing / receiving investment or selection of financial products. Depending on the schedule, it may be desirable to process the transaction and proceeds.

In addition, the management authority of S113 and S114 is granted to the applicant for the service, and the applicant's counterpart is allowed to confirm it, or the investment is made when the counterpart is a member and requests and agrees to the investment decision. The manner in which the decision is confirmed is also desirable.

Deposit information of the transaction price is confirmed (S115), the escrow server 112 checks whether the investment of the account and / or the financial object of the investment from the database of investment decision information received / stored in S113, S114 (S116) ), The investment management server 113 controls to buy the corresponding financial products, and stores the investment-related matters in the database.

In addition to receiving / saving investment decision information before the transaction price is received from the buyer, it is also preferable to receive investment decision information through the steps of S113 and S114 and make an investment in a financial product after the transaction price is deposited. .

When the transaction price is received from the buyer, the prior art that the deposit information is notified to the seller / relay company using E-mail, text message, etc. is preferable.

In FIG. 2, the applicant and the counterpart are shown depositing a transaction price, which means that the escrow service applicant may be the buyer and the counterpart may be the buyer. It is shown that the deposit and the other party confirms this.

The investment management server 113 is controlled by the escrow server to purchase the corresponding financial product (S117). In addition, the investment management server 113 manages the investment history, which corresponds to a known technology, and manages information such as reference price and taxation value of financial products, and invests the corresponding transaction funds with the authenticated / requested transaction participant terminal. Provide the details (S118).

If a request for processing, including a refund request, transfer order, etc. is requested from the certified member terminal, or a processing reason such as expiration of a deadline or disposal of a transaction occurs (S119), the escrow operation server 112 is stored / received in step S114. The transaction agreement information is compared with the processing reason (S120), and the transaction price and the proceeds are processed according to the processing agreement information on the processing reason (S121).

To give a specific example of processing the transaction price and proceeds, compare the processing reason information with the final processing reason received or occurred, and if the processing agreement information about the processing reason is 100% to the account of one of the participants If it is a case of transfer and the participant chooses to replace 100% of the product itself, it is preferable that the product itself is transferred to the account to be transferred without making a redemption of the financial product. If the transfer is 100%, and the participant does not want to transfer the goods themselves in the case of 100% transfer, the financial instrument is redeemed and cashed and the cash is transferred to the transfer target account. If the transaction and proceeds are transferred separately, the financial instrument is redeemed and cashed and the amount transferred to each transferable account. If the funds are distributed and transferred to a plurality of accounts, the financial instrument is redeemed and cashed, and the target amount is distributed and transferred to each transfer target account.

The repurchase of the financial product is processed by the investment management server 113, the transfer management server 114 performs the processing of the transaction price and proceeds.

Preferably, the financial institution sets an optimal investment target for a financial product in consideration of a protection period and a repurchase. Financial instruments that are cashed immediately upon sale of the financial instrument are preferred, but if the instrument is not immediately cashed, the system may be notified in advance so that the final processing may be a system after the cashing, and the expiration date of the escrow period and the repurchase period (selling). If the final reason (excluding the expiration of the term) does not occur until the point at which the cash is made), the redemption of the financial instruments is made first at the point of repurchase, and the cashed transaction value and proceeds are expired. Final processing may be possible, and a person skilled in the art will be able to develop / set up a financial product in consideration of the above.

5 illustrates an example of investment information in which investment information is input and stored for each seller in a case where a financial institution provides an interface to a buyer and a seller to perform a commerce or when a buyer and a seller perform a commerce through a separate broker. This is a drawing.

The present invention is not limited to the above-described embodiment, and various changes can be made by those skilled in the art to which the present invention pertains without departing from the spirit of the invention as claimed in the following claims. Until the technical spirit of the present invention will be said.

As described above, according to the investment escrow system and method of the present invention, during the protection deposit period, the transaction price is invested in the financial product, and the profit is generated to compensate for the opportunity cost in which the transaction participant is lost. By providing the effect of escrow itself, it can be expected to compensate the transaction costs due to the act of breaking the contract and requesting a refund during the commerce process.

In addition, the implementation of the present invention can be expected to activate the escrow service by changing the escrow service billing system from the conventional escrow service fee billing method to the sales fee receiving method of the financial product to offset the objection and burden on the service fee. have.

Claims (11)

In a system for providing an escrow service consisting of a plurality of transaction participants terminal and escrow system of a financial institution and a network connecting them, A web providing server making data communication with a plurality of transaction participant terminals; A member management server determining whether a member is based on data input through the transaction participant terminal and performing member management; It is connected to the web providing server, grants an account for escrow, protects the transaction price, and further manages the investment and proceeds of the proceeds to the escrow basic function that manages the processing of the transaction price when a processing reason occurs Escrow Server; An investment management server controlled by the escrow server to process investment / purchase of a financial product of a transaction price; A transfer management server controlled by the escrow server for processing transaction and profits to a target account; And Database server including a database required for the operation of the investment-linked escrow system; Investment escrow service system including. In the method of providing an escrow service using a system consisting of a plurality of transaction participants terminal and escrow system of a financial institution and a network connecting them, Escrow service application step; Deposit transaction step; Transaction fulfillment step; During the course of various conventional escrow services, which basically includes a transaction processing step, Means of investing in trading value; Investment escrow service method, characterized in that further comprises; processing means including the proceeds processing. According to claim 2, wherein the investment means of the transaction price (1) making an investment in accordance with the selection / decision of the investment intention and / or financial instrument transmitted from the transaction participant terminal; (2) Investing automatically and making investment automatically based on the payment of transaction price; An investment escrow service method characterized by any one or more of the following. The method according to claim 3, wherein in (1), (1-1) determining whether the member is authenticated based on the member data transmitted from the transaction participant terminal connected to the escrow system of the financial institution; (1-2) a process of transmitting and displaying a screen for determining investment matters to a member terminal certified as a member; (1-3) a process of transmitting investment decision information including investment status or / and investment target financial products inputted / selected according to the screen displayed in the process; (1-4) a process of making an investment by acquiring a financial product of the transaction price according to the investment decision information transmitted / stored through the above process and making an investment. The method according to claim 3 or 4, The step of transmitting investment information about the decision of the investor and / or the selection / decision of the financial product from the member terminal may include before the transaction is deposited into the escrow account; After deposit; Investment escrow service method characterized in that it is included in any process. The method according to claim 3 or 4, Single / multiple financial instruments divided by escrow term and / or funding scale; Single / multiple financial instruments, regardless of escrow duration or scale; Investment escrow service method, characterized in that any one or more of. The method of claim 2, wherein the processing means including the proceeds proceeds (1) receiving and storing the processing agreement information transmitted from the transaction participant terminal and processing the comparison result with the processing reason; (2) is processed by comparing the processing schedule information specified by the financial institution with the reason for processing; An investment escrow service method characterized by any one or more of the following. The method of claim 7, wherein (1) is (1-1) determining whether the member is authenticated based on the member data transmitted from the transaction participant terminal connected to the escrow system of the financial institution; (1-2) a process of transmitting a screen for committing the processing matter to the member terminal authenticated as a member and being displayed; (1-3) a process of inputting / selecting and transmitting processing agreement information from the member terminal according to the screen displayed in the process; (1-4) when the processing reason occurs, comparing the processing agreement information stored / received through the process with the processing reason, the process of processing the proceeds and the transaction price according to the processing agreement information on the processing reason; Featured Investment Escrow Service Method. The method of claim 2, 7, or 8, wherein the processing means including the proceeds processing is that the transaction price and proceeds are processed, The transfer of financial instruments to the target account; The repurchase of financial instruments and the transfer of proceeds and proceeds to the target account; Financial instruments are repurchased and the proceeds and transaction proceeds are separated and transferred to their respective target accounts; Repurchase of financial instruments and distribution of proceeds and / or trading value at the rate of distribution and transfer to each target account; Investment escrow service method comprising any one or more of. The method of claim 7 or 8, wherein the process of receiving the processing agreement information through the member terminal before the transaction is deposited into the escrow account; After deposit; Investment escrow service method characterized in that it is included in any process. The method according to claim 2, 7, 8, or 9, In the case of a financial instrument that is not cashed on the date of redemption (sell) of the financial instrument, the processing method may include a redemption (sell) at the time of processing and finally processed after cashing; If the reason for processing does not occur until the expiration date of the escrow period and the redemption period (the period after the sale is cashed out), the Company shall repurchase the financial instruments at the point where the redemption period is considered, and the cashed transaction value and proceeds at the expiration of the term. Final processing; Investment escrow service method comprising any one or more of.

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