US 12,333,601 B2
Systems and methods for dynamic pricing of collective investment vehicles
Paul Edward Kuhnle, Doylestown, PA (US); Daniel Joseph McCabe, Upper Saddle River, NJ (US); Mark Steven Criscitello, Colts Neck, NJ (US); and John Stuart Thomas, Morristown, NJ (US)
Assigned to D12 Ventures, LLC, Bedminster, NJ (US)
Filed by D12 Ventures, LLC, Bedminster, NJ (US)
Filed on Nov. 20, 2018, as Appl. No. 16/196,560.
Claims priority of provisional application 62/590,151, filed on Nov. 22, 2017.
Prior Publication US 2019/0156419 A1, May 23, 2019
Int. Cl. G06Q 40/04 (2012.01); G06Q 30/0201 (2023.01); G06Q 40/06 (2012.01)
CPC G06Q 40/04 (2013.01) [G06Q 30/0206 (2013.01); G06Q 40/06 (2013.01)] 16 Claims
OG exemplary drawing
 
1. A method performed by a pricing server comprising a processor, intraday indicative value (IIV) communication processor, pricing data communication processor, market-dynamic security price determination processor, and a collective investment vehicle (CIV) server communication processor, wherein the market-dynamic security price determination processor further includes a Price Information Builder (PIB) comprising a PIB rules interface, the method comprising:
storing, by the market-dynamic security price determination processor, pricing rules within the PIB;
receiving, by the CIV server communication processor, portfolio composition data of a CIV from a CIV server over a first communication link, wherein the portfolio composition data comprises security identifiers and quantity information for each security identifier, for each security in the CIV;
receiving, by the pricing data communication processor, pricing data from an exchange over a second communication link; transmitting, by the processor, the portfolio composition data and pricing data to the PIB;
receiving, by the PIB, a request for an IIV of the CIV from the processor;
determining, by the PIB and from among the stored pricing rules within the PIB, a first set of pricing rules to apply to the pricing data and portfolio composition data in computing the IIV for the CIV;
determining, by the processor and for each security identifier, at least one metric based on the pricing rules and a market-dynamic security price based on the at least one metric;
receiving, by the PIB and from the processor, the at least one metric and the market-dynamic security price;
generating, by the PIB, the requested IIV based on the received at least one metric and the market-dynamic security price for each security identifier using the determined first set of pricing rules; and
providing, by the PIB interface and via the processor, the generated IIV to a user interface.