Patent ID: 11928735
Assignee: ICE DATA SERVICES, INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A system comprising:
a database configured to store bond data and tax data for one or more tax-exempt municipal bonds;
a server comprising non-transitory memory storing program code and at least one processor configured to execute the program code, the at least one processor configured to:
receive, via a communications interface, an indication of a bond among the one or more tax-exempt municipal bonds,
retrieve, from among the bond data stored in the database, terms, yield curve data and interest rate volatility data specific to the bond to form a set of bond data,
retrieve, from among the tax data stored in the database, IRS tax rate treatment data and applicable tax rates specific to the bond to form a set of tax data,
determine, according to a predefined tax logic data interpretation process, a tax-neutral fair value of the bond based on the set of bond data and the set of tax data retrieved from the database, such that the tax-neutral fair value is reflective of market price data, and
using the determined tax-neutral fair value of the bond and the market price data, determine, according to a recursive valuation path dependent methodology, one or more indicators including at least one of a value of the bond enhanced by a tax option, a value of the tax option and a sell indicator comprising whether to sell the bond and take a loss; and

a display device configured to receive and display, via an interactive graphical user interface (GUI), the one or more indicators in a results display region of the interactive GUI, the interactive GUI further comprising a user action region associated with the one or more indicators displayed in the results display region,
wherein the at least one processor is further configured to:
responsive to the one or more indicators displayed in the results display region, receive an indication of user input via the user action region of the interactive GUI, and
initiate, via the at least one processor, at least one transaction responsive to the indication of user input in the user action region.