Methods and systems for collateral matching and mark to market reconcilement
US7599877B1 · kind B1 · utility
Assignee
Inventors
Key dates
| Filing date | Jul 28, 2000 |
| Grant date | Oct 6, 2009 |
| Priority date | — |
| Expiry date | Jan 10, 2026 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/04
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
The present invention provides secure, high-volume, processing methods and systems for multiple financial instruments that combine collateral matching to identify matched and unmatched financial transactions and consolidated mark to market valuations for all parties to a matched financial transaction. Further, the methods and systems of the present invention: (1) provide real-time identification of matched and unmatched financial transactions; (2) provide real-time mark to market portfolio valuations; (3) provide standard formulae and user preferences to develop algorithms for real-time mark to market portfolio valuations; (4) accommodate additional financial instruments and additional users; (5) minimize manual review of discrepancies in margin valuations; (6) provide multilingual capabilities, settlement currencies, and other identifiers necessary to communicate the results of collateral matching and mark to market portfolio valuations; (7) facilitate lower financial transaction and processing costs; and (8) minimize the manual entry and re-keying of information into multiple formats and templates used parties to a financial transaction.In other embodiments of the present inventi…
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.