Systems and methods for electronic account certification and enhanced credit reporting

Abstract

A computer-implemented method includes providing certified financial data indicating financial risk about an individual. The method includes electronically collecting financial account data about the individual from at least one financial source. The method includes transforming the financial account data into a desired format. The method includes validating the financial account data by applying an algorithm engine to the financial account data to identify exceptions, wherein the exceptions indicate incorrect data or financial risk. The method includes marking the exceptions as valid exceptions when output of the algorithm engine validates the exceptions. The method includes confirming the exceptions by collecting additional data and applying the algorithm engine to the additional data.

What is claimed is: 
     
         1 . A computer-implemented method for providing certified financial data indicating financial risk about an individual, comprising:
 one or more applications running on at least one processor for providing,   electronically collecting financial account data about the individual from at least one financial source;   transforming the financial account data into a desired format;   validating the financial account data by applying an algorithm engine to the financial account data to identify exceptions, wherein the exceptions indicate incorrect data or financial risk;   marking the exceptions as valid exceptions when output of the algorithm engine validates the exceptions;   confirming the exceptions by collecting additional data and applying the algorithm engine to the additional data, wherein the algorithm engine identifies a pattern of financial risk.