Inventors:
Dennis Adama - Grand Rapids MI, US
Gregory Brander - Zeeland MI, US
Keith McCreery - Rockford MI, US
International Classification:
G06Q 10/00
G06F 17/30
G06Q 40/00
G06F 7/20
Abstract:
A system and method for providing an improved data schema for representing financial transactions using data relationships based on financial transaction information is provided. Instead of relying on financial transaction documents for financial transaction information, the underlying data and their relationships are used to represent the financial transaction information. For example, each entity involved in a financial transaction may be represented separately. Furthermore, each entity may be associated with a role played by the entity in the financial transaction and entity type that describes the type of entity. Relationships in which the entity may be involved may depend upon this and other information. In this manner, for example, financial transaction information from a loan application document may be used with financial transaction information from a deposit account document in order to generate another financial transaction document even though the loan application document uses different terminology than the deposit account document.