Management and reporting system and process for use with multiple disparate databases
An information and reporting system is used in conjunction with a plurality of incompatible legacy system databases. The legacy system applications and databases continue to operate in a normal manner. The information and reporting system operates as an overlay to each of the existing legacy systems. Each local system includes a unique entity transfer that reads specified files from a legacy system database. The data within the legacy system database is mapped into a group of predefined XML documents which are transmitted to an XML service. The XML service provides a quality control examination and forwards the XML documents to a set of domain entity controllers. The controllers receive the XML documents and selectively extract data from these documents and store the data on a common format database, which is standardized for use in all of the local systems. A user accesses the system through a communication medium and is provided with a user interface which allows the user to select any one of a group of entities, reports and file management. Each of the entities is associated with one or more modules which provides specific processing to produce information and reports. The modules can access the common format database for extracting the required information to produce the results corresponding to the module functionality. Previously produced reports can be accessed from a file repository. The system allows users to access any legacy system and process management and information modules independent of the type of local legacy database system.
1 - 12 . (Cancelled).
13 . A method for electronically facilitating entity management services, the method comprising:
assigning an asset manager to manage an entity;
providing a management timeline for the entity;
tracking defaults for the entity using the management timeline; and
creating at least one forecasting scenario for the entity using a plurality of parameters.
14 . The method according to claim 13 , further comprising:
providing contact information for the entity; and
creating conversation logs associated with the entity.
15 . The method according to claim 13 , further comprising:
generating correspondence regarding the entity; and
generating reports regarding the entity.
16 . The method of claim 13 ,
wherein data regarding the entity is stored in a plurality of disparate legacy databases,
wherein a database mapper reads the data from the plurality of disparate legacy databases and writes the read data into a common format database, and
wherein a plurality of users access the data in the common format database via a plurality of applications.
17 . The method of claim 13 , wherein the entity is selected form a group consisting of a Loan, a Property, a Borrower and an Investor.
18 . The method of claim 13 , wherein providing the management timeline further comprises:
providing acquisition information for the entity;
providing a history of asset managers assigned to manage the entity;
providing a list of borrowers for the entity; and
providing a list of collaterals for the entity.
19 . The method of claim 13 , wherein the contact information is unique to the entity.
20 . The method of claim 13 , wherein the contact information is selected from a group consisting of telephone number, home address, business address, email address, and web site.
21 . The method of claim 13 , wherein the contact information further comprises a contact type.
22 . The method of claim 21 , wherein the contact type is selected from a group consisting of attorney, trustee, and receiver.
23 . The method of claim 13 , wherein the parameters are selected from a group consisting of principal, interest, default interest, service fees, expenses and cost of funds.
24 . The method of claim 23 , wherein the parameters may be customized according to the needs of the owner.
25 . The method of claim 13 , further comprising creating security restrictions for access to information regarding the entity.
26 . A system for electronically facilitating entity management services, the system comprising:
means for assigning an asset manager to manage an entity;
means for providing a management timeline for the entity;
means for tracking defaults for the entity using the management timeline; and
means for creating at least one forecasting scenario for the entity using a plurality of parameters.
27 . The system according to claim 26 , further comprising:
means for providing contact information for the entity; and
means for creating conversation logs associated with the entity.
28 . The system according to claim 26 , further comprising:
means for generating correspondence regarding the entity; and
means for generating reports regarding the entity.
29 . The system of claim 26 ,
wherein data regarding the entity is stored in a plurality of disparate legacy databases,
wherein a database mapper reads the data from the plurality of disparate legacy databases and writes the read data into a common format database, and
wherein a plurality of users access the data in the common format database via a plurality of applications.
30 . The system of claim 26 , wherein the entity is selected form a group consisting of a Loan, a Property, a Borrower and an Investor.
31 . The system of claim 26 , wherein the means for providing the management timeline further comprises:
means for providing acquisition information for the entity;
means for providing a history of asset managers assigned to manage the entity;
means for providing a list of borrowers for the entity; and
means for providing a list of collaterals for the entity.
32 . The system of claim 26 , wherein the parameters are selected from a group consisting of principal, interest, default interest, service fees, expenses and cost of funds.
33 . A computer program product recorded in a computer readable medium for electronically facilitating entity management services, the computer program product comprising:
first computer readable program code means for assigning an asset manager to manage an entity;
second computer readable program code means for providing a management timeline for the entity;
third computer readable program code means for tracking defaults for the entity using the management timeline; and
fourth computer readable program code means for creating at least one forecasting scenario for the entity using a plurality of parameters.
34 . The computer program product according to claim 33 , further comprising:
fifth computer readable program code means for providing contact information for the entity; and
sixth computer readable program code means for creating conversation logs associated with the entity.
35 . The computer program product according to claim 33 , further comprising:
seventh computer readable program code means for generating correspondence regarding the entity; and
eighth computer readable program code means for generating reports regarding the entity.
36 . The computer program product of claim 33 ,
wherein data regarding the entity is stored in a plurality of disparate legacy databases,
wherein a database mapper reads the data from the plurality of disparate legacy databases and writes the read data into a common format database, and
wherein a plurality of users access the data in the common format database via a plurality of applications.
37 . The computer program product of claim 33 , wherein the entity is selected form a group consisting of a Loan, a Property, a Borrower and an Investor.
38 . The computer program product of claim 33 , wherein the second computer readable program code means for providing the management timeline further comprises:
ninth computer readable program code means for providing acquisition information for the entity;
tenth computer readable program code means for providing a history of asset managers assigned to manage the entity;
eleventh computer readable program code means for providing a list of borrowers for the entity; and
twelfth computer readable program code means for providing a list of collaterals for the entity.
39 . The computer program product of claim 33 , wherein the parameters are selected from a group consisting of principal, interest, default interest, service fees, expenses and cost of funds.