Louis J Maricondi

US Patent:

20080288398, Nov 20, 2008

Filed:

May 16, 2007

Appl. No.:

11/803950

Inventors:

Louis J. Maricondi - Mount Laurel NJ, US

International Classification:

G06Q 40/00

US Classification:

705 39, 705 35

Abstract:

An integrated banking transaction services (IBTS) module receives an instrument from a client to initiate a brokerage transaction between a broker-dealer and an investment firm. The IBTS module transmits a notification message to a broker-dealer that the instrument was presented. The IBTS module receives a confirmation message from the broker-dealer that includes information as to whether to pay the instrument. If the instrument is to be paid, the IBTS module transmits information associated with the brokerage transaction to a sub-accounting engine.