Patent Issued for Systems and methods for self-directed investing (USPTO 11941225): United Services Automobile Association

2024 APR 11 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A patent by the inventors Austin, Meghan Diana (San Antonio, TX, US), Larson, Rebecca Noelle (San Antonio, TX, US), Maples-Nikkel, Tiffany Michelle (San Antonio, TX, US), filed on October 4, 2018, was published online on March 26, 2024, according to news reporting originating from Alexandria, Virginia, by NewsRx correspondents.

Patent number 11941225 is assigned to United Services Automobile Association (San Antonio, Texas, United States).

The following quote was obtained by the news editors from the background information supplied by the inventors: “The present disclosure relates generally to systems and methods for providing information on a user interface and, more specifically, to systems and methods for providing information on a user interface to facilitate self-directed investing.

“This section is intended to introduce the reader to various aspects of art that may be related to various aspects of the present techniques, which are described and/or claimed below. This discussion is believed to be helpful in providing the reader with background information to facilitate a better understanding of the various aspects of the present disclosure. Accordingly, it should be understood that these statements are to be read in this light, and not as admissions of prior art.

“Conventional systems and methods of facilitating interaction with financial trading systems tend to provide graphical user interfaces that tend to be relatively unintuitive, as well as doing a relatively poor job of guiding less experienced investors through the process of executing financial trades. Accordingly, such less experienced investors may shy away from performing financial trades on their own, instead preferring to hire financial advisors to perform these duties for them. As such, there is a need for enhanced graphical user interfaces that facilitate self-directed investing.”

In addition to the background information obtained for this patent, NewsRx journalists also obtained the inventors’ summary information for this patent: “A summary of certain embodiments disclosed herein is set forth below. It should be understood that these aspects are presented merely to provide the reader with a brief summary of these certain embodiments and that these aspects are not intended to limit the scope of this disclosure. Indeed, this disclosure may encompass a variety of aspects that may not be set forth below.

“In one embodiment, a system includes a user interface generation system comprising one or more processors configured to generate a graphical user interface configured to be displayed via a display of a user computing device. The graphical user interface is configured to receive one or more inputs relating to a financial trade. The user interface generation system is also configured to transmit the graphical user interface to the user computing device. In addition, the graphical user interface includes executable code defining a plurality of components encapsulated within the graphical user interface. Each component includes one or more properties and one or more states. The one or more properties and the one or more states relate to the financial trade. The executable code of the graphical user interface is configured to receive the one or more inputs relating to the financial trade from the plurality of components, and to update and render the one or more properties and/or the one or more states of the plurality of components based at least in part on the one or more inputs.

“In another embodiment, a method includes generating, via one or more processors of a user interface generation system, a graphical user interface configured to be displayed via a display of a user computing device. The graphical user interface comprises executable code defining a plurality of components encapsulated within the graphical user interface. Each component includes one or more properties and one or more states. The one or more properties and the one or more states relate to a financial trade. The graphical user interface is configured to receive one or more inputs relating to the financial trade. The method also includes transmitting, via a communication component of the user interface generation system, the graphical user interface to the user computing device. The method further includes receiving, via the graphical user interface, one or more inputs relating to the financial trade from the plurality of components. In addition, the method includes updating and rendering, via the graphical user interface, the one or more properties and/or the one or more states of the plurality of components based at least in part on the one or more inputs.

“Various refinements of the features noted above may exist in relation to various aspects of the present disclosure. Further features may also be incorporated in these various aspects as well. These refinements and additional features may exist individually or in any combination. For instance, various features discussed below in relation to one or more of the illustrated embodiments may be incorporated into any of the above-described aspects of the present disclosure alone or in any combination. The brief summary presented above is intended only to familiarize the reader with certain aspects and contexts of embodiments of the present disclosure without limitation to the claimed subject matter.”

The claims supplied by the inventors are:

“1. A system comprising: a user interface generation system comprising one or more processors configured to: generate a graphical user interface configured to be displayed via a display of a user computing device, wherein the graphical user interface comprises a primary pane configured to display financial account information, and a secondary pane configured to display information relating to a financial trade of a financial instrument, and wherein the graphical user interface is configured to receive one or more inputs relating to the financial trade of the financial instrument; and transmit the graphical user interface to the user computing device; wherein the graphical user interface comprises executable code defining a plurality of components encapsulated within the graphical user interface, each component comprising one or more properties and one or more states configured to be changed in response to the one or more inputs relating to the financial trade of the financial instrument, wherein the one or more properties and the one or more states of the plurality of components relate to one or more options relating to the financial trade of the financial instrument, wherein the executable code of the graphical user interface is configured to receive the one or more inputs relating to the financial trade of the financial instrument from the plurality of components, and to add or remove at least some of the one or more properties of the plurality of components relating to the financial trade of the financial instrument as individual display elements displayed inline with respect to the secondary pane of the graphical user interface relating to the financial trade of the financial instrument as a visual representation of progression of the one or more inputs relating to the financial trade of the financial instrument within a columnar view of the secondary pane of the graphical user interface relating to the financial trade of the financial instrument without generating a new view of the secondary pane of the graphical user interface relating to the financial trade of the financial instrument, wherein the at least some of the one or more properties of the plurality of components are added or removed in response to one or more changes to the one or more properties and/or the one or more states of the plurality of components that are made based at least in part on the one or more inputs relating to the financial trade of the financial instrument, and wherein the individual display elements comprise one or more links that, when clicked, provide additional contextual information relating to the financial trade of the financial instrument.

“2. The system of claim 1, wherein the one or more processors of the user interface generation system are configured to receive the one or more inputs relating to the financial trade of the financial instrument from the executable code of the graphical user interface, and to transmit data to the executable code based at least in part on the one or more inputs relating to the financial trade of the financial instrument.

“3. The system of claim 2, wherein the executable code of the graphical user interface is configured to update the one or more properties and/or the one or more states of the plurality of components based at least in part on the data.

“4. The system of claim 2, wherein the user interface generation system is configured to communicate with a financial trading system or a financial market to determine the data.

“5. The system of claim 1, wherein the executable code of the graphical user interface comprises at least one component of the plurality of components configured to communicate with at least one external data source.

“6. The system of claim 5, wherein the executable code is configured to update the one or more properties and/or the one or more states of the plurality of components based at least in part on data received from the at least one external data source.

“7. The system of claim 5, wherein the external data source comprises a financial trading system or a financial market.

“8. The system of claim 1, wherein the executable code of the graphical user interface is configured to update at least one component of the plurality of components to display an error message relating to the financial trade of the financial instrument.

“9. The system of claim 8, wherein the executable code of the graphical user interface is configured to update at least one component of the plurality of components to display a corrective action relating to the error message.

“10. The system of claim 1, wherein the financial instrument comprises a stock, a bond, an option, an exchange-traded fund, or a mutual fund.

“11. A method comprising: generating, via one or more processors of a user interface generation system, a graphical user interface configured to be displayed via a display of a user computing device, wherein the graphical user interface comprises executable code defining a plurality of components encapsulated within the graphical user interface, each component comprising one or more properties and one or more states configured to be changed in response to one or more inputs relating to the financial trade of the financial instrument received by the graphical user interface, wherein the one or more properties and the one or more states of the plurality of components relate to one or more options relating to a financial trade of a financial instrument, wherein the graphical user interface comprises a primary pane configured to display financial account information, and a secondary pane configured to display information relating to the financial trade of the financial instrument, and wherein the graphical user interface is configured to receive the one or more inputs relating to the financial trade of the financial instrument; transmitting, via a communication component of the user interface generation system, the graphical user interface to the user computing device; receiving, via the graphical user interface, one or more inputs relating to the financial trade of the financial instrument from the plurality of components; and adding or removing, via the graphical user interface, at least some of the one or more properties of the plurality of components relating to the financial trade of the financial instrument inline as individual display elements displayed inline with respect to the secondary pane of the graphical user interface relating to the financial trade of the financial instrument as a visual representation of progression of the one or more inputs relating to the financial trade of the financial instrument within a columnar view of the secondary pane of the graphical user interface relating to the financial trade of the financial instrument without generating a new view of the secondary pane of the graphical user interface relating to the financial trade of the financial instrument, wherein the at least some of the one or more properties of the plurality of components are added or removed in response to one or more changes to the one or more properties and/or the one or more states of the plurality of components that are made based at least in part on the one or more inputs relating to the financial trade of the financial instrument, and wherein the individual display elements comprise one or more links that, when clicked, provide additional contextual information relating to the financial trade of the financial instrument.

“12. The method of claim 11, comprising: receiving, via the communication component of the user interface generation system, the one or more inputs relating to the financial trade of the financial instrument from the graphical user interface; and transmitting, via the communication component of the user interface generation system, data to the executable code based at least in part on the one or more inputs relating to the financial trade of the financial instrument.

“13. The method of claim 12, comprising updating, via the graphical user interface, the one or more properties and/or the one or more states of the plurality of components based at least in part on the data.

“14. The method of claim 12, comprising communicating, via the communication component of the user interface generation system, with a financial trading system or a financial market to determine the data.

“15. The method of claim 11, comprising communicating, via the graphical user interface, with at least one external data source.

“16. The method of claim 15, comprising updating, via the graphical user interface, the one or more properties and/or the one or more states of the plurality of components based at least in part on data received from the at least one external data source.

“17. The method of claim 15, wherein the external data source comprises a financial trading system or a financial market.

“18. The method of claim 11, comprising updating, via the graphical user interface, at least one component of the plurality of components to display an error message relating to the financial trade of the financial instrument.

“19. The method of claim 18, comprising updating, via the graphical user interface, at least one component of the plurality of components to display a corrective action relating to the error message.

“20. The method of claim 11, wherein the financial instrument comprises a stock, a bond, an option, an exchange-traded fund, or a mutual fund.”

URL and more information on this patent, see: Austin, Meghan Diana. Systems and methods for self-directed investing. U.S. Patent Number 11941225, filed October 4, 2018, and published online on March 26, 2024. Patent URL (for desktop use only): https://ppubs.uspto.gov/pubwebapp/external.html?q=(11941225)&db=USPAT&type=ids

(Our reports deliver fact-based news of research and discoveries from around the world.)