Patent ID: 8732068
Filing Date: 2014-05-20
Classification: G06Q

Abstract:
1. A method comprising: purchasing, by one or more computing devices, a credit default swap contract on an exchangeable security, wherein the exchangeable security is comprised of multi-obligor financial instruments; exchanging, by the one or more computing devices, the exchangeable security for a separate single enhanced security that is a combination of the exchangeable security and the credit default swap contract; delivering, by the one or more computing devices the enhanced security to an investor; delivering, by the one or more computing devices, the credit default swap contract to an account held at a clearing member; receiving, by the one or more devices, notification of a credit event in at least one financial instrument of the multi-obligor financial instruments of the exchangeable security; redeeming, by the one or more computing devices, the credit default swap contract on the financial instrument; and paying, by the one or more computing devices, a principal balance of the financial instrument to the investor.