Patent ID: 8380601

Claim:
A method for electronically tracking securities lending from a pool of assets, wherein the pool of assets is owned by a plurality of investors each having a separate economic beneficial interest in a portion of the pool of assets, the plurality of investors comprising at least two investor each domiciled in different countries, the method capable of accounting for tax consequences of securities lending by an investor in the pool of assets according to the investor's country of domicile, the method comprising: using at least one of a plurality of computer processors, electronically calculating a net asset value of the asset pool at least daily; using at least one of the plurality of computer processors, electronically maintaining records, at least daily, of percentage ownership in a net asset value of the asset pool according to investor; using at least one of the plurality of computer processors, electronically maintaining records, at least daily, of economic beneficial ownership in the pool of assets according to investor for each of a plurality of days into the future, wherein each economic beneficial ownership comprises a discrete set of assets in the pool of assets associated with a different investor, and wherein each economic beneficial ownership is calculating using a net asset value of the pool and a percentage ownership according to investor; lending to a third party a portion of an economic beneficial ownership in the asset pool associated with an individual investor; receiving a fee from the third party associated with the lending; and using at least one of the plurality of computer processors, electronically calculating a tax on the fee, wherein the tax is determined according to a country of domicile of the individual investor.