Invention Grant
- Patent Title: System and method for prioritizing processing of payment instructions
- Patent Title (中): 用于优先处理付款指示的系统和方法
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Application No.: US12843245Application Date: 2010-07-26
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Publication No.: US08458091B2Publication Date: 2013-06-04
- Inventor: C. Dominic Gerard Roshan Babu
- Applicant: C. Dominic Gerard Roshan Babu
- Applicant Address: IE Dublin
- Assignee: Accenture Global Services Limited
- Current Assignee: Accenture Global Services Limited
- Current Assignee Address: IE Dublin
- Agency: Mannava & Kang, P.C.
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G08C13/00

Abstract:
A prioritizing system and method are disclosed for prioritizing processing of payment instructions through a payment instruction processing system of a business entity. The method includes identifying a first set of rules determining a prioritization among a set of payment instructions. These include payment instructions related to payments from nostro accounts associated with the business entity and processed by other business entities. Also, the payment instructions have data fields for qualitative and quantitative attributes describing the payment instructions. The method also includes holding and ordering the payment instructions in a queue, determining a first sequence ordering the payment instructions in the queue based upon the first set of rules, and initiating processing of the payment instructions in the queue according to the first sequence.
Public/Granted literature
- US20120023016A1 SYSTEM AND METHOD FOR PRIORITIZING PROCESSING OF PAYMENT INSTRUCTIONS Public/Granted day:2012-01-26
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