Patent ID: 8583539
Filing Date: 2013-11-12
Classification: G06Q

Abstract:
1. A method for calculating an exposure of an entity comprising: identifying, using a hardware processing device, data relating to a transaction of a good, including a commodity associated with the good, a payment date term, a delivery date term, a price term, and a quantity term in an electronic message received at a computing system of the entity; identifying a plurality of dates from a formula specifying a fractional amount of the commodity to be at least one of paid for, delivered, or priced on each of the identified dates; calculating, using the hardware processing device, a fractional amount of a respective payment, delivery, or price exposure to the commodity on each of the plurality of dates from the formula and at least one of the respective identified payment date, delivery date, or price date terms; storing each of the calculated fractional commodity exposures as separate entries in a data structure; and including at least two of the stored separate entities in different exposure positions based on the dates associated with each of the respective calculated fractional commodity exposures.