Patent ID: 7702557

Claim:
A computer-usable medium having a computer readable program code embodied therein, the computer readable program code adapted to be executed to implement a method for managing collateralized obligations, the method comprising: identifying a plurality of debt obligations according to terms of an asset management agreement, which together constitute a single debt index; receiving a first investment deal to link to the single debt index according to the terms of the asset management agreement, wherein one or more investors can invest in the first investment deal, and wherein the single debt index serves as the reference portfolio for the first investment deal; receiving a second investment deal to link to the single debt index according to the terms of the asset management agreement, wherein one or more investors can invest in the second investment deal, and wherein the single debt index serves as the reference portfolio for the second investment deal; receiving a request to substitute at least one debt obligation from the plurality of debt obligations in the single debt index; determining if predefined criteria for selecting and substituting the at least one debt obligation from the plurality of debt obligations in the single debt index is satisfied according to the terms of the asset management agreement; and changing, responsive to the request to substitute the at least one debt obligation from the plurality of debt obligations in the single debt index, an obligation of the first investment deal linked to the single debt index according to the terms of the asset management agreement.