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Patent drawing for Systems and Methods for Academic Core Banking
US 20,140,222,637 A1
Business & commerce US 20,140,222,637 A1 Expired

Systems and Methods for Academic Core Banking

This invention describes a specialized computer system for colleges and universities to manage their finances. It helps institutions separate different types of money, handle debt like bonds, and calculate a single borrowing rate for all their departments. The system specifically uses an enterprise architecture with modules for managing debt, assets, and general ledger entries.

Why it matters: Filed before widespread cloud adoption and advanced AI for financial modeling. Modern scalable infrastructure and predictive analytics could now more efficiently implement the system's core functions.

Status
ExpiredProtection ended and was never renewed
How hard to build
SpecializedHeavy software system, financial logic, integrations

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