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US 12,749,118 B2Granted
Controlling private credit transaction progression and settlement
AssigneeTRETE Inc.
InventorsDamien Patton, Christian Gratton
Life of this patent
Estimating the term…
Abstract
In certain aspects of the disclosure, a computer-implemented method includes receiving an initial order based on a user input. The method includes mapping out correct steps from the initial order to settlement. The method includes validating instructions at each step. The method includes recording data pertaining to permit the settlement of the transaction.
Claims16
A computer-implemented method comprising:
- accessing transaction data corresponding to a private credit transaction requesting transfer of at least a partial interest in a private credit asset between a first entity and a second entity, the transaction including a plurality of transaction stages;
- prior to detecting initiation of the private credit transaction and based on trading rules and the transaction data:
- per each transaction stage in the plurality of transaction stages, precomputing intended transaction stage output from the transaction stage;
- and
- precomputing intended transaction results of the private credit transaction;
- and
- detecting initiation of the private credit transaction;
- and
- monitoring the private credit transaction, including:
- digitally intercepting actual output from an implemented transaction stage from among the plurality of transaction stages;
- comparing the intercepted actual output against precomputed intended transaction stage output corresponding to the implemented transaction stage;
- gathering comparison results from the comparison;
- and
- controlling how the private credit transaction proceeds based on the comparison results.
11 more elements
A system comprising;
- one or more processors;
- and
- system memory coupled to the one or more processors and storing instructions configured to cause the one or more processors to:
- access transaction data corresponding to a private credit transaction requesting transfer of at least a partial interest in a private credit asset between a first entity and a second entity, the transaction including a plurality of transaction stages;
- prior to detecting initiation of the transaction and based on trading rules and the transaction data:
- per each transaction stage in the plurality of transaction stages, precompute intended transaction stage output from the transaction stage;
- and
- precompute intended transaction results of the transaction;
- and
- detect initiation of the private credit transaction;
- and
- monitor the private credit transaction, including:
- digitally intercept actual output from an implemented transaction stage from among the plurality of transaction stages;
- compare the intercepted actual output against precomputed intended transaction stage output corresponding to the implemented transaction stage;
- gather comparison results from the comparison;
- and
- control how the private credit transaction proceeds based on the comparison results.
14 more elements
Dependencies are inferred from the claim text.