Database management concepts for facilitating intercreditor collateral sharing

A system for allocating collateral associated with one or more debt products among a plurality of lenders, said system comprising:

• one or more memory storage areas;
• and
• one or more computer processors configured to:
• receive debt product data for a plurality of debt products, wherein the debt product data defines database management criteria for linking data stored in a database and wherein the database management criteria comprises:
• data defining terms for sharing at least one collateral instrument among the plurality of debt products according to an initial allocation, the initial allocation defining an initial interest in at least a portion of the at least one collateral instrument in favor of at least a portion of the plurality of debt products;
• and
• data defining allocation rules for each of the plurality of debt products, wherein the allocation rules define acceptable characteristics of collateral instruments;
• receive collateral data for the one or more collateral instruments, wherein each of the one or more collateral instruments comprises a financial instrument under which an obligor agrees to make payments to satisfy a debt, and the financial instrument is secured by underlying collateral, and the collateral data comprise characteristics of each of the one or more collateral instruments;
• store the collateral data in the database;
• link, based on the database management criteria, collateral data corresponding to the one or more collateral instruments with debt product data corresponding to one or more debt products for which the one or more collateral instruments satisfy corresponding allocation rules;
• wherein data identifying the links between the collateral data and the debt product data are stored in the database and reflect an initial allocation of collateral instruments among the plurality of debt products;
• and
• generate allocation data based on the determined initial allocation, wherein the allocation data is indicative of links between collateral data associated with each of the one or more collateral instruments and debt product data associated with at least a portion of the debt products.

A non-transitory computer program product comprising at least one computer-readable storage medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

• an executable portion configured for:
• receiving debt product data for a plurality of debt products, wherein the debt product data defines database management criteria for linking data stored in a database and wherein the database management criteria comprises:
• data defining for sharing one or more collateral instrument among the plurality of debt products according to an initial allocation, the initial allocation defining an initial interest in at least a portion of the at least one collateral instrument in favor of at least a portion of the plurality of debt products;
• and
• data defining allocation rules for each of the plurality of debt products, wherein the allocation rules define acceptable characteristics of collateral instruments;
• receiving collateral data for one or more collateral instruments, wherein each of the one or more collateral instruments comprises a financial instrument under which an obligor agrees to make payments to satisfy a debt, and the financial instrument is secured by underlying collateral and the collateral data comprise characteristics of each of the one or more collateral instruments;
• storing, via at least one computer processor, the collateral data in the database;
• linking, via the at least one computer processor and based on the database management criteria, collateral data corresponding to the one or more collateral instruments with debt product data corresponding to one or more debt products for which the one or more collateral instruments satisfy corresponding allocation rules;
• wherein data identifying the links between the collateral data and the debt product data are stored in the database and reflect an initial allocation of collateral instruments among the plurality of debt products;
• and
• generating allocation data based on the determined initial allocation, wherein the allocation data is indicative of links between collateral data associated with each of the one or more collateral instruments and debt product data associated with at least a portion of the debt products.