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US 2022/0414655 A1Published application
Systems and methods for private node-level data computing and reconciliation
AssigneeJiko Group, Inc.
InventorsStephane Lintner, Andrea G. Forte, Hannes Helgason, Rocky Motwani
Life of this patent
Estimating the term…
Abstract
Aspects and embodiments are directed to method and system for node based reconciliation. Various aspects also provide for real-time securities exchange while supporting cash based transactions. Additional aspects incorporate improved user interfaces for enabling single selection investment decisions for all of a clients' wealth.
Claims20
A real time transaction processing system, the system comprising:
- a node configured to access a monetary account and a broker account, wherein the node is configured to:
- in response to a request to execute a first transaction to debit a first value from the monetary account, perform processing comprising:
- generate a liquidation trade for the broker account that, when executed, provides a second value in the broker account;
- trigger execution of the liquidation trade to obtain the second value in the broker account;
- and
- transfer, from the broker account to the monetary account, the second value obtained from execution of the liquidation trade, wherein the transfer enables execution of the first transaction to debit the first value from the monetary account.
3 more elements
A method of processing a transaction in real time, the method comprising:
- using a processor to perform:
- in response to a request to execute a first transaction to debit a first value from a monetary account, perform processing comprising:
- generating a liquidation trade for a broker account that, when executed, provides a second value in the broker account;
- triggering execution of the liquidation trade to obtain the second value in the broker account;
- and
- transferring, from the broker account to the monetary account, the second value obtained from execution of the liquidation trade, wherein the transfer enables execution of the first transaction to debit the first value from the monetary account.
3 more elements
Dependencies are inferred from the claim text.