Karl A Kovack

US Patent:

20040158518, Aug 12, 2004

Filed:

Feb 10, 2003

Appl. No.:

10/364217

Inventors:

Mary Wall - Tinton Falls NJ, US
Bonnie Bowes - Glen Cove NY, US
Edward Fennessy - Rego Park NY, US
Karl Kovack - Toms River NJ, US
Douglas Badeau - Hoboken NJ, US
Thomas Giacalone - Staten Island NY, US

International Classification:

G06F017/60

US Classification:

705/037000

Abstract:

The present invention provides systems and methods for tracking breaks in a networked computer system in which transactions are facilitated. The system includes a network including a mainframe computer containing a break tracking system, a plurality of trader computers, and a transaction information database. The database contains at least two sets of information associated with a first transaction. The break tracking system allows comparison of the at least two sets of information to determined whether a break exists. If a break is determined to exist, the break tracking system allows identification of one or more traders evidenced in the networked computer system as being associated with the break, can allow providing electronic notification of the break to trader computers associated with the traders, and can provide a break tracking application facilitating electronic communication between users of trader computers for facilitating resolution of the break.