US 7,321,869 B1
Allocated balances in a net interest revenue implementation for financial processing in a relational database management system
Paul H. Phibbs, Jr., Escondido, Calif. (US)
Assigned to NCR Corp., Dayton, Ohio (US)
Filed on Aug. 30, 2001, as Appl. No. 9/943,059.
Application 09/943059 is a continuation in part of application No. 09/610646, filed on Jun. 29, 2000.
Application 09/610646 is a continuation in part of application No. 09/608355, filed on Jun. 29, 2000.
Claims priority of provisional application 60/253281, filed on Nov. 27, 2000.
Claims priority of provisional application 60/253254, filed on Nov. 27, 2000.
Int. Cl. G06Q 40/00 (2006.01)
U.S. Cl. 705—30 30 Claims
OG exemplary drawing
 
1. A method of performing financial processing in a computer, comprising:
(a) accessing account, event and organization attributes from a database accessible by the computer, wherein (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status;
(b) performing one or more profitability calculations in the computer using the account, event and organization attributes accessed from the database, as well as one or more profit factors and one or more rules, wherein the profitability calculations include:
   
  Profit = Net Interest Revenue (NIR)
    + Other Revenue (OR)
    Direct Expense (DE)
    Indirect Expense (IE)
    Risk Provision (RP)
   
(c) wherein the Net Interest Revenue (NIR) is calculated as:
   
  NIR = Interest Revenue
    Cost of Funds
    + Value of Funds
    Interest Expense
    + Earnings on Allocated Equity;
   
(d) wherein the Cost of Funds includes Allocated Balances that are used to assign balance sheet amounts that are not actual balances to the accounts for the calculated Net Interest Revenue (NIR).