Patent application number | Description | Published |
20120011081 | SYSTEM AND METHOD FOR COMPUTER IMPLEMENTED COLLATERAL MANAGEMENT - A computer-implemented method for managing collateral risk associated with financial instrument trading and a data processing system includes a processor and memory/database configured to store user-definable rulesets relating to a desired trade. A search module identifies and stores accounts that could accept potentially eligible security positions based upon user-selectable search criteria, and identifies potentially eligible security positions for consideration as collateral for the trade. A user configurable collateral analysis module determines eligibility of security positions as collateral for the trade by applying one or more user-definable rulesets in an algorithm that operates in a processor to determine collateral position eligibility of security positions for the trade by testing eligibility along one or more logical paths defined by user-definable rulesets. The processor outputs either a collateral eligibility or ineligibility indication via a user interface for various security positions based upon the collateral position eligibility analysis, including all reasons for ineligibility. | 01-12-2012 |
20120136808 | SYSTEM AND METHOD FOR COMPUTER IMPLEMENTED COLLATERAL MANAGEMENT - A data processing system manages collateral risk associated with a trade of a financial instrument includes a processor and a memory that contains a database configured to store a ruleset relating to determining eligibility of collateral to be considered for a desired trade. A search module searches for accounts that could potentially accept a security position based upon established search criteria. Search results are stored in the memory, and are used to identify one or more security positions eligible for use as collateral for the trade. A collateral analysis module determines a collateral preference ranking by at least applying the ruleset via an algorithm executed by the processor so as to confirm an eligibility of security positions eligible for use as collateral for the trade by testing in accordance with the ruleset. The processor outputs a relative collateral preference indication via a user interface. | 05-31-2012 |
20120259796 | SYSTEM AND METHOD FOR OPTIMIZING COLLATERAL MANAGEMENT - A computer-implemented system and method for managing collateral allocations associated with Tri-Party repurchasing agreements and a collateral allocation system includes one or more processors and memory/database configured to store user-definable rulesets and collateral characteristics relating to the Tri-Party repurchasing agreements. A collateral allocation module recalls collateral from the Tri-Party repurchasing agreements to a common Dealer Box, and reallocates the collateral to the Tri-Party repurchasing agreements utilizing a self organizing map, so as to minimize margins to reduce over-collateralization and/or undercollateralization. Other considerations, such as basket identifiers and cost of carry considerations may be weighed in the reallocation as well. | 10-11-2012 |
20130097066 | SYSTEM AND METHOD FOR COMPUTER IMPLEMENTED COLLATERAL MANAGEMENT - A data processing system manages collateral risk associated with a trade of a financial instrument includes memory coupled to a processor, the memory containing a database configured to store a ruleset relating to determining eligibility of collateral to be considered for a desired trade. A collateral analysis module determines a collateral preference ranking of one or more security positions eligible for use as collateral for the trade by applying the ruleset via an algorithm executed by the processor so as to confirm an eligibility of security positions eligible for use as collateral for the trade by testing in accordance with the ruleset. | 04-18-2013 |
20130318006 | ROLLING SETTLEMENT FOR TRI PARTY TRANSACTIONS - A system for settling trades in Tri-Party repurchasing agreements includes one or more processors configured to execute one or more computer program modules. The computer program modules are configured to obtain, on electronic storage media accessible to the one or more processors, security information associated with a plurality of securities securitizing a Tri-Party repurchasing agreement between a dealer and an investor. The computer program modules are also configured to execute one or more computer program modules configured to receive a cash amount from the dealer, the cash amount being less than required to repurchase an entirety of the plurality of securities. The computer program modules are further configured to execute one or more computer program modules configured to release a subset of the entirety of securities to the dealer, the subset of the entirety of securities being repurchased by the cash amount received from the dealer. | 11-28-2013 |
20140180907 | SYSTEM AND METHOD FOR OPTIMIZING COLLATERAL MANAGEMENT - A system for managing collateral allocations in Tri-Party repurchasing agreement(s) includes memory element(s) coupled to processor(s) and configured to store deal attributes including rule sets associated with a lender l, and collateral characteristic(s) for collateral provided by the borrower b that are associated with each of the Tri-Party repurchasing agreements. The system includes at least one collateral allocation module, configured through the processor(s) to optimize auto cash, an amount short, a cost of carry index, and optimize a collateralization index, associated with the Tri-Party repurchasing agreement(s). A similar system includes at least one collateral allocation module, configured through the processor(s) to optimize a settlement index, a collateralization index, and a cost of carry index, associated with the Tri-Party repurchasing agreement(s). Associated methods are also disclosed. | 06-26-2014 |
20140188691 | AUTOMATIC COLLATERAL EXCHANGE FOR REHYPOTHECATED COLLATERAL - A system for managing rehypothecated collateral allocations in financial transactions includes processors coupled to memory configured to store deal attributes. The processors may execute a collateral allocation module that is operable to receive a request to release a collateral allocation, identify the collateral allocation in one or more deals at a first level, and identify a rehypothecated portion of the collateral allocation in deals at subsequent levels. Where an entirety of the collateral allocation is identified at each subsequent level, the collateral allocation module may credit the one or more deals at each subsequent level with net free equity equal to an amount of cash to be exchanged at a prior level of the subsequent levels. When a total of the net free equity credit is equal to an amount of cash to be exchanged at the first level, the collateral allocation module may release the collateral allocation. | 07-03-2014 |
20140279697 | SYSTEM AND METHOD FOR OPTIMIZING COLLATERAL MANAGEMENT - A computer-implemented system and method for managing collateral allocations associated with Tri-Party repurchasing agreements and a collateral allocation system includes one or more processors and memory/database configured to store user-definable rulesets and collateral characteristics relating to the Tri-Party repurchasing agreements. A collateral allocation module recalls collateral from the Tri-Party repurchasing agreements to a common Dealer Box, and reallocates the collateral to the Tri-Party repurchasing agreements utilizing a self organizing map, so as to minimize margins to reduce over-collateralization and/or undercollateralization. Other considerations, such as basket identifiers and cost of carry considerations may be weighed in the reallocation as well. | 09-18-2014 |