Multi-processing financial transaction processing system

A method for processing financial transactions on a multiprocessing machine having a plurality of processors, each financial transaction having financial transaction data, the method comprising:

• maintaining a set of user-defined algorithms, each user-defined algorithm being independently and simultaneously processable by anyone of the plurality of processors in the multiprocessing machine and each user-defined algorithm when processed on financial data adds, changes or deletes only one financial data record based on the financial data;
• receiving a first financial transaction having a first user-defined financial transaction type and first financial data;
• identifying, for the first financial transaction, a first unique subset of user-defined algorithms from a set of user-defined algorithms based on the first user-defined financial transaction type;
• processing each user-defined algorithm in the first unique subset of user-defined algorithms on the first financial data;
• receiving a second financial transaction having a second user-defined financial transaction type and second financial data;
• identifying, for the second financial transaction, a second unique subset of user-defined algorithms from the set of user-defined algorithms based on the second user-defined financial transaction type;
• processing each user-defined algorithm in the second unique subset of user-defined algorithms on the second financial data;
• and
• wherein all the user-defined algorithms in the first unique subset of user-defined algorithms on the first financial data and at least one of the second unique subset of user-defined algorithms are concurrently processed.

A financial transaction multiprocessing system for an enterprise, each financial transaction having a financial transaction type and financial transaction data, comprising:

• a multiprocessing computer having a plurality of processors;
• a financial record database storing financial data records;
• a database manager for creating, changing and deleting financial data records;
• a queue for receiving financial transactions for processing, wherein each financial transaction when processed results in adding, changing or deleting to at least one financial data record and wherein each financial transaction is associated with one of a plurality of user-defined financial transaction types and includes financial transaction data;
• an algorithm database storing a set of user-defined algorithms, each user-defined algorithm capable of being processed concurrently and independently with any other user-defined algorithm and each user-defined algorithm when processed by anyone of the plurality of processors causing the database manager to add, change or delete a financial data record;
• and
• a transaction processing table that associates each user-defined transaction type with a unique subset of the set of user-defined algorithms such that processing a first financial transaction having a first financial transaction type and first financial transaction data is achieved by processing a first unique subset of user-defined algorithms associated with the first financial transaction type on the first financial transaction data.