Method and system for processing intraday risk parameters over a communications network
US10867349B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 17, 2014 |
| Grant date | Dec 15, 2020 |
| Priority date | — |
| Expiry date | Apr 11, 2037 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/08
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Example embodiments include a method and system for managing intraday risk conditions. Data transaction specific data messages transmitted over a data communications network from a plurality of source nodes trading an article of trade with a plurality of destination nodes are processed. The messages include account parameter information. Intraday risk condition data is associated in memory with entity identification data associated with an entity. Using the entity identification data, account parameter information included in the processed data transaction specific data messages is identified that matches the intraday risk condition data for the entity. In response to an identified match, a data transaction involving the entity submitted via a communication session to a corresponding one of the plurality of destination nodes is modified to reduce intraday risk for the entity associated with the data transaction.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.