Apparatus and methods for implementing changed monitoring conditions and/or requirements using dynamically-modifiable control logic

US11176613B2 · kind B2 · utility

Assignee

• Nasdaq Technology AB · SE

Inventors

• Robert K. Schulz · Excelsior, US
• Max Roy PRAKOSO · Sydney, AU

Key dates

• Filing date: Feb 5, 2020
• Grant date: Nov 16, 2021
• Expiry date: Feb 5, 2040

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/04
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

The technology performs obligations fulfillment monitoring. An input data stream of data messages is received including transaction data and reference data, obligation control logic, and a set of obligation parameters associated with the obligation control logic. An event data processor processes the input data stream using a current version of the obligation control logic and the set of obligation parameters. Subsequently, the event processor receives information to implement and execute obligation control logic that is dynamically-modified and different from the current version of the obligation control logic. The event processor generates and outputs an obligation fulfillment message based on the dynamically-modified obligation logic and transmits to an interested entity.