SYSTEM AND METHOD FOR REPORTING CURRENCY TRANSACTIONS

• Main Authors: Qureshi Mohammed A, Satyamurthy Narayanan, Thomas Sony, Khanijo Prashant X, Latha Francina Vijay, Bohrer Quentin G
• Format: Patent
• Language: English
• Published: 01.06.2017
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; ELECTRIC DIGITAL DATA PROCESSING; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

According to one embodiment, the invention comprises a currency transaction reporting system that includes a first database embodied on a general purpose computer that organizes and stores on a computer readable medium one or more currency transaction reports; a rules engine connected to the first database by the telecommunications network, that receives the one or more currency transaction reports from the first database and divides the one or more currency transaction reports into a first group and a second group; a load balancing engine connected to the rules engine by the telecommunications network, that receives the one or more currency transaction reports of the first group and assigns the one or more currency transaction reports of the first group; and one or more workstations that receive the assigned one or more currency transaction reports and electronically attach notes and supporting documentation to the one or more currency transaction reports to create one or more supported currency transaction reports.