Cynthia Lee Worley

US Patent:

20030093362, May 15, 2003

Filed:

Sep 17, 2002

Appl. No.:

10/245848

Inventors:

Bruce Tupper - Atlanta GA, US
Charles Vice - Marietta GA, US
DongChun Xia - Duluth GA, US
Henry Tullis - Norcross GA, US
Sanjay Rane - Marietta GA, US
Cynthia Worley - Atlanta GA, US
Tracy Hughes - Norcross GA, US

International Classification:

G06F017/60

US Classification:

705/037000

Abstract:

A system and method of confirming trades of financial instruments such as OTC derivatives is disclosed. The system includes a data interface which accepts data relating to a trade from both the trader and counter party. The data includes different data fields of differing importance. The system includes a matching engine which compares the submitted data and assigns the trade a status depending on which of the data fields match. The system allows a user to filter trades on their status and display the details relating to that trade. The system also allows a user to display the data fields and change the data fields in order to change the status of the trades. The system thus allows a user to electronically confirm a trade and also identify unmatched trades and the information necessary to reconcile such unmatched trades.

US Patent:

20080262959, Oct 23, 2008

Filed:

Oct 31, 2007

Appl. No.:

11/932747

Inventors:

Bruce Tupper - Atlanta GA, US
Charles Vice - Marietta GA, US
DongChun Xia - Duluth GA, US
Henry D. Tullis - Norcross GA, US
Sanjay Rane - Marietta GA, US
Cynthia L. Worley - Atlanta GA, US
Tracy Hughes - Norcross GA, US
Edwin Marcial - Smyrna GA, US

International Classification:

G06Q 40/00

US Classification:

705 37

Abstract:

A system and method of confirming trades of financial instruments such as OTC derivatives is disclosed. The system includes a data interface which accepts data relating to a trade from both the trader and counter party. The data includes different data fields of differing importance. The system includes a matching engine which compares the submitted data and assigns the trade a status depending on which of the data fields match. The system allows a user to filter trades on their status and display the details relating to that trade. The system also allows a user to display the data fields and change the data fields in order to change the status of the trades. The system thus allows a user to electronically confirm a trade and also identify unmatched trades and the information necessary to reconcile such unmatched trades.