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Assignee: Island Intellectual Property LLC


Location: New York, NY
No. of patents: 20

NumberTitleIssue Date
8150766System and method for investing public deposits
A method, system and program product for operating an exchange method for municipal and/or state funds from banking institutions, comprising: (A) accessing, by one or more computers, one or more electronic databases holding data on client transaction accounts and fu...
04/03/2012
8032456System, methods and program products for processing for a self clearing broker dealer
A computer-implemented method, system and program product for managing funds for a plurality of broker dealers, the method comprising: maintaining or having maintained a separate account for each of a plurality of customers of a plurality of broker dealers; receivin...
10/04/2011
8019668System and method for allocation to obtain zero activity in a selected aggregated account with holdback
A method, system and program product, the method comprising: accessing one or more databases comprising: aggregated deposit account information for a plurality of government-backed insured and interest-bearing aggregated deposit accounts held in a plurality of depos...
09/13/2011
8019667Systems and methods for money fund banking with flexible interest allocation
This invention provides system and methods for managing accounts of clients at customer financial entities so that deposits of up to $100,000 or greater are insured, so that interest income earned on a portion of all of the account balances may be flexibly allocated...
09/13/2011
7996308System and method for managing aggregated accounts
A method and system for minimizing fund transfers to and/or from a plurality of government-backed, interest-bearing aggregated deposit accounts. ...
08/09/2011
7933821Systems and methods for administering return sweep accounts
A method, system, and program product for managing funds for a plurality of client accounts at a first banking institution, the system comprising: one or more electronic databases, comprising: (i) client account information; (ii) aggregated transaction account infor...
04/26/2011
7809640Money fund banking system
Providing interest to clients' deposited funds without the legal limitation on the number of demand withdrawals from deposit accounts is accomplished by an administration system that keeps all of the records for the clients' deposits and withdrawals, calculates the ...
10/05/2010
7769688Money fund banking system
Providing interest to clients' deposited funds without the legal limitation on the number of demand withdrawals from deposit accounts is accomplished by an administration system that keeps all of the records for the clients' deposits and withdrawals, calculates the ...
08/03/2010
7752129Systems and methods for managing client accounts
Providing interest to clients' deposited funds without limitation on the number of demand withdrawals from deposit accounts is accomplished by an administration system that keeps all of the records for the clients' deposits and withdrawals, calculates the total of t...
07/06/2010
7752107System and method for managing aggregated accounts
A method, program product and system for managing a group of aggregated accounts, each aggregated account held in a different one of a plurality of deposit institutions, each of the aggregated accounts associated with at least one financial entity and holding funds ...
07/06/2010
7716131Money fund banking system with multiple banks and/or rates
Providing interest to clients' deposited funds without limitation on the number of demand withdrawals from deposit accounts is accomplished by an administration system that keeps all of the records for the clients' deposits and withdrawals, calculates the total of t...
05/11/2010
7680734Money fund banking system
Providing interest to clients' deposited funds without the legal limitation on the number of demand withdrawals from deposit accounts is accomplished by an administration system that keeps all of the records for the clients' deposits and withdrawals, calculates the ...
03/16/2010
7680716System and method for allocating excess funds in aggregated control account
A method, program product and system for interim allocation of excess funds in a control operating account in an intermediary bank prior to actual distribution to aggregated accounts, the method comprising: (a) monitoring the control operating account during an inte...
03/16/2010
7672902System and method for pre-funding interest for early termination of client account having funds in one or more aggregated accounts
A method, program product and system for pre-funding interest in the process of managing a group of aggregated accounts, each aggregated account held in a different one of a plurality of deposit institutions, each of the aggregated accounts associated with at least ...
03/02/2010
7672901System and method for holdback procedure for after-hours transactions
A method, program product and system for managing a group of aggregated accounts, each aggregated account held in a different one of a plurality of deposit institutions, each of the aggregated accounts associated with at least one financial entity and holding funds ...
03/02/2010
7672886Systems and methods for managing client accounts
Providing interest to clients' deposited funds without limitation on the number of demand withdrawals from deposit accounts is accomplished by an administration system that keeps all of the records for the clients' deposits and withdrawals, calculates the total of t...
03/02/2010
7668772Systems and methods for money fund banking with flexible interest allocation
This invention provides system and methods for managing accounts of clients at customer financial entities so that deposits of up to $100,000 or greater are insured, so that interest income earned on a portion of all of the account balances may be flexibly allocated...
02/23/2010
7668771System and method for allocation to obtain zero activity in a selected aggregated account
A method, program product and system for managing a group of aggregated accounts, each aggregated account held in a different one of a plurality of deposit institutions, each of the aggregated accounts associated with at least one financial entity and holding funds ...
02/23/2010
7536350Systems and methods for providing enhanced account management services for multiple banks
This invention includes methods for delivering account management services to multiple financial institutions that provide for customer deposit accounts without transaction but than nevertheless offer interest and receive enhanced deposit insurance. The methods appl...
05/19/2009
7519551Systems and methods for administering return sweep accounts
Novel systems and methods for managing a plurality of client demand accounts so as to allow a banking institution to retain client deposits on the bank's balance sheets while, at the same time, providing the client with the capability of implementing up to an unlimi...
04/14/2009
 
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