System and method for conducting web-based financial transactions in capital markets
AssigneeIntegral Development Corporation
InventorsHarpal Sandhu, Viral V. Tolat, Stephen Rees
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AssigneeIntegral Development Corporation
InventorsHarpal Sandhu, Viral V. Tolat, Stephen Rees
Estimating the term…
The present invention provides a system and method that enables users, such as institutional investors and financial institutions, to interactively engage in capital market transactions, including the trading of Over-the-Counter financial products, via the Internet (including the World Wide Web). The system includes a variety of servers, applications, and interfaces that enable users to interactively communicate and trade financial instruments among one another. Interactive communications supported by the system include: requesting price quotes, monitoring and reviewing quote requests, issuing price quotes, monitoring and reviewing price quotes, negotiation between users, acceptance of price quotes, reporting, portfolio management, analysis of financial information and market data, and communications among users via an automated processor. Such automated communications enable connectivity with users' internal, back-end systems to execute automated, straight-through processing, including transaction pricing, payment scheduling and journaling, derivatives trading, trade confirmation, and trade settlement.
A computer-implemented method for converting a first set of internal objects, representing terms of a transaction between a plurality of users of a system, into a second set of internal objects representing the terms of the transaction, the method comprising:
One or more non-transitory computer-readable media storing program instructions that, when executed by one or more processors, cause the one or more processors to perform steps of:
A system, comprising:
Dependencies are inferred from the claim text.