CHOICE equips financial institutions with the tools to offer innovative savings
& investment products to their customers.

OVERVIEW

• CHOICE equips financial institutions to innovate — giving their customers better ways to save & invest their money.
• Check out the proven capabilities CHOICE offers to enable your institution to innovate to better serve your customers' needs.

PRODUCT INNOVATION

• Our business consultants work with your institution to leverage the power of CHOICE's technology to design product solutions that fit your customers' needs and your institutions strategies.
• As a product innovation partner we cross-fertilize ideas from other markets and help you to apply them to achieve your business objectives.

MULTI-CHANNEL DISTRIBUTION

• CHOICE is powered by patented technology that automates the entire lifecycle of your next generation of savings and investment solutions.
• Automation speeds time to market, improves sales velocity, improves customer service, and reduced operational risks.
• CHOICE automates the following areas: product design, frontline sales, sales tracking, hedging, accounting, settlements, early redemptions, taxes, correspondence, MIS reporting, and more.

INNOVATION CONSULTING

• CHOICE's business and IT consultants enable your institution to build new and enhance existing innovation solutions.
• Inovation is tough work. But no need to worry. CHOICE's consultants partner with your employees to equip them to lead and operate your new line of business.
• Areas of particular emphasis include: Product Management, Treasury, Accounting, Application Support and more.

EXPERT TRAINING

• CHOICE's business consultants provide expert onsite and online training to the departments at your institution to equip them to manage their new innovative savings & investment solutions.
• CHOICE stands up your organization to be ready to sell and manage your new innovation initiative.
• Areas of training include: frontline sales, product design, hedging, accounting, application maintenance, and more.

Issue Date: July 26, 2011

Patent Number: 7,987,136

Link: Click Here to View Patent

Systems and methods for providing customized financial products and hedging risk exposure

Summary Description:

Systems and methods for creating and managing user-customized financial products are operable to create a plurality of user-customized financial products, each comprising a baseline financial product that is itself comprised of a combination of one or more underlying product components, where each underlying component comprises one or more user-customized component parameters. Once created, the plurality of user-customized financial products may be disaggregated into their respective underlying product components and associated component values. All component values associated with each of the underlying components may then be aggregated and at least one back to back hedging transaction for the aggregated component value of at least one of the underlying product components may be executed.

Disclaimer:

Specific methodology and software within the DMD Choice Savings system is protected by US Patent 7,987,136. All rights on this methodology and code are reserved.