| CPC G06Q 40/06 (2013.01) | 18 Claims |
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1. A method of managing a consolidated account, comprising the steps of:
(a) providing a first account of first non-cash assets with a first current account value, the first non-cash assets generating income, and including at least one cash flow asset producing an income stream, a liquidation of the at least one cash flow asset causing the income stream to decline;
(b) providing a second account of second non-cash assets with a second current account value, the second account being different than the first account;
(b1) providing a total current value, the total current value including a summation of the first current account value and the second account value;
(c) using a processor, predicting the account balance of a consolidated account associated with a plurality of accounts, including the first and second account as a function of time and balance amount, including the steps of:
(i) predicting the amount and timing of income to be earned from the assets of the first account, based in part on an income portion of the income stream, to be deposited into the consolidated account;
(ii) predicting the amount and timing of income to be earned from the assets of the second account to be deposited into the consolidated account; and
(iii) predicting the amount and timing of withdrawals from the consolidated account;
(d) using the processor, comparing the predicted balance of the consolidated account with a predetermined criteria, and if the predicted account balance is less than the predetermined criteria:
(i) identifying the time at which the predicted account balance of the consolidated account is less than the predetermined criteria;
(ii) identifying a list of potential transactions for the plurality of accounts in which to liquidate assets to thereby increase the predicted balance of the consolidated account to satisfy the predetermined criteria within a selectable window of time before the identified time at which the predicted account balance of the consolidated account is less than the predetermined criteria;
(iii) for each potential transaction, performing step (c) above and comparing the predicted balance of the consolidated account with the predetermined criteria and discarding a potential transaction if the predicted account balance is less than the predetermined criteria;
(iv) for the potential transactions that have not been discarded, ranking the list of potential transactions for the plurality of accounts in a priority order, the priority order based in part on a specified mathematical optimization criteria of the total current value;
(e) displaying, on a graphical user interface of a display device, a graphical representation of the predicted account balance and the predetermined criteria over a first time period in a first region of the graphical user interface and a numerical representation of the predicted account balance over one or more additional time periods in a second region of the graphical user interface;
(f) using the processor, generating one or more alerts if the predicted account balance is less than the predetermined criteria, wherein the one or more alerts identify when the account balance is predicted to become less than the predetermined criteria; and
(g) if one or more alerts are generated, displaying, on the graphical user interface of the display device, the one or more alerts in a third region of the graphical user interface.
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