Patent ID: 8548893
Filing Date: 2013-10-01
Classification: G06Q

Abstract:
1. A computer-implemented method of providing tri-party instruction matching services by a third party intermediary after a completed trade, the method comprising: receiving, by a computer processor, over the computer network and at the third party intermediary, finalized instructions from a first party regarding terms of the completed trade between the first party and a second party; storing, in a memory device, the terms of the completed trade; receiving, by the processor, via the computer network from the first party at the third party intermediary, a collateral allocation instruction associated with the completed trade; matching, by the processor, the collateral allocation instruction with collateral information recorded in the memory device in a first party custody account maintained by the third party intermediary; responsive to the collateral allocation instruction being matched to the collateral information recorded in the first party custody account, transferring, via the processor, matched collateral information associated with the collateral allocation instruction from the first party custody account into a second party custody account maintained for the benefit of the second party in accordance with the completed trade; and said processor being configured to ensure that all required terms of the completed trade are carried out prior to said transferring the matched collateral information.