COMPOUND REDEMPTION PROCESSOR FOR A SINGLE ISSUER

• US 20120030138A1
• Filed: 12/29/2010
• Published: 02/02/2012
• Est. Priority Date: 07/31/2010
• Status: Abandoned Application

• Current Assignee: Convergent Securities, LLC
• Original Assignee: Convergent Securities, LLC
• Inventors: Altomare, Gerald Craig
• Application Number:
  US12/981,436
• Publication Number:
  US 20120030138A1
• Time in Patent Office: Days
• US Class Current: 705/36.R
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

The present invention provides methods and apparatus for one or more of: creating, issuing and redeeming Compound Redeemable Instruments for a Single Issuer. Apparatus can include a computerized system with executable software that is executable upon demand to process Redemption Instances, as well as, create and issue Compound Redeemable Instruments for a Single Issuer.

Claims

1. A computerized apparatus for processing management of Single Issuer Compound Redeemable Instruments of an issuer'"'"'s Financial Structure, the apparatus comprising:

a computer server accessible with a network access device via a communications network; and

executable software stored on the server and executable on demand, the software operative with the server to cause the apparatus to;

generate data descriptive of a set of Single Issuer Compound Redeemable Instruments, wherein the instruments comprise multiple disparate classes and are issued by a single issuer;

group two or more of the Single Issuer Compound Redeemable Instruments of multiple disparate classes of the Financial Structure into an Instrument Set comprising Single Issuer Compound Redeemable Instruments;

generate data descriptive of quantifiable assets;

group one or more of the quantifiable assets into an Asset Set comprising Exchangeable Assets;

associate the Instrument Set with the Asset Set; and

generate a market valuation comprising terms of redemption for the Single Issuer Compound Redeemable Instruments, wherein the terms of a Redemption Instance comprise the redemption of one Instrument Set in exchange for one Asset Set.

2. The apparatus of claim 1 wherein the executable software is additionally operative to cause the apparatus to:

generate a price for the Instrument Set, wherein the price comprises an amount of a currency to exchange per Instrument Set.

3. The apparatus of claim 1 wherein the executable software is additionally operative to cause the apparatus to:

generate a price for the Asset Set, wherein the price comprises an amount of a currency to exchange per Asset Set.

4. The apparatus of claim 1 wherein the assets comprising the Asset Set enhance the liquidity of the Financial Instruments comprising the Instrument Set.

5. The apparatus of claim 1 wherein:

the Instrument Set comprises at least one equity instrument and at least one other instrument, wherein the at least one equity instrument and at least one other instrument are jointly redeemable for a predetermined quantity of one or more specified Exchangeable Assets comprising the Asset Set.

6. The apparatus of claim 1 wherein:

the Instrument Set comprises at least one debt instrument and at least one other instrument, wherein the at least one debt instrument and at least one other instrument are jointly redeemable for a predetermined quantity of one or more specified Exchangeable Assets comprising the Asset Set.

7. The apparatus of claim 1 wherein:

the Instrument Set comprises at least one contract instrument and at least one other instrument, wherein the at least one contract instrument and at least one other instrument are jointly redeemable for a predetermined quantity of one or more specified Exchangeable Assets comprising the Asset Set.

8. The apparatus of claim 1 wherein:

the Instrument Set comprises at least one hybrid instrument and at least one other instrument, wherein the at least one hybrid instrument and at least one other instrument are jointly redeemable for a predetermined quantity of one or more specified Exchangeable Assets comprising the Asset Set.

9. The apparatus of claim 1 wherein:

the Instrument Set comprises at least one derivative instrument and at least one other instrument, wherein the at least one derivative instrument and at least one other instrument are jointly redeemable for a predetermined quantity of one or more specified Exchangeable Assets comprising the Asset Set.

10. The apparatus of claim 1 wherein the Asset Set comprises a pecuniary amount based upon a schedule.

11. The apparatus of claim 1 wherein the Asset Set comprises Financial Instruments of the issuer not included in the Instrument Set.

12. The apparatus of claim 1 wherein the Instrument Set comprises at least one Financial Instrument backed by collateral and the software is additionally operative to transmit digital data descriptive of the collateral comprising a value for the collateral.

13. The apparatus of claim 1 wherein the terms of redemption of one or more Instrument Sets comprises backing by collateral and the software is additionally operative to transmit digital data descriptive of the collateral comprising a value for the collateral.

14. The apparatus of claim 1 wherein the Asset Set comprises an interest in at least one issuer product and the Instrument Set thereby provides a marketplace with a value for an issuer'"'"'s securities on a basis of the issuer'"'"'s products.

15. The apparatus of claim 1 wherein the executable software is additionally operative to cause the apparatus to receive an instruction via digital data to execute one or more of:

purchase a Single Issuer Compound Redeemable Instrument;

sell a Single Issuer Compound Redeemable Instrument;

create a Single Issuer Compound Redeemable Instrument; and

redeem a Single Issuer Compound Redeemable Instrument and generate a message to execute a received instruction.

16. The apparatus of claim 15 wherein the executable software is additionally operative to receive a series one or more instructions via digital data on an ongoing basis.

17. The apparatus of claim 16 wherein the executable software is additionally operative to cause the apparatus to execute the instruction received.

18. The apparatus of claim 17 wherein the executable software is additionally operative to receive a series of one or more instructions via digital data on an ongoing basis.

19. The apparatus of claim 1 wherein the executable software is additionally operative to cause the apparatus to generate a command to execute a redemption of one or more Instrument Sets in exchange for one or more Asset Sets.

20. The apparatus of claim 19 wherein the executable software is additionally operative to generate a series of commands operative to cause the apparatus to execute a redemption of one or more Instrument Sets in exchange for one or more Asset Sets via digital data on an ongoing basis.

21. The apparatus of claim 1 wherein the issuer comprises one of:

a government, an operating company, a fund, a special purpose vehicle or an exchange.

22. The apparatus of claim 1 wherein the executable software is additionally operative to cause the apparatus to receive an instruction via digital data to create one or more Single Issuer Compound Redeemable Instruments, the one or more Single Issuer Compound Redeemable Instruments comprising one or more Instrument Sets.

23. The apparatus of claim 22 wherein the executable software is additionally operative to cause the apparatus to receive a series of one or more instructions via digital data on an ongoing basis.

24. The apparatus of claim 23 wherein the Single Issuer Compound Redeemable Instruments comprise one or more preexisting Financial Instruments not previously Single Issuer Compound Redeemable Instruments.

25. The apparatus of claim 23 wherein the Single Issuer Compound Redeemable Instruments comprise one or more Financial Instruments newly issued as Single Issuer Compound Redeemable Instruments.

26. The apparatus of claim 1 wherein the executable software is additionally operative to cause the apparatus to generate a command to execute a creation of one or more Single Issuer Compound Redeemable Instruments comprising one or more Instrument Sets.

27. The apparatus of claim 26 wherein the executable software is additionally operative to cause the apparatus to generate one or more commands to execute a creation of one or more Single Issuer Compound Redeemable Instruments, each of which comprise one or more Instrument Sets, on an ongoing basis.

28. The apparatus of claim 1 wherein the Instrument Set comprises exchange traded Single Issuer Compound Redeemable Instruments and the issuer comprises a fund.

29. The apparatus of claim 1 wherein the Instrument Set comprises exchange traded Single Issuer Compound Redeemable Instruments and the issuer comprises an operating company.

30. The apparatus of claim 1 wherein the executable software is additionally operative to cause the apparatus to maintain at least one account for a user, wherein the account comprises enumerations of the Single Issuer Compound Redeemable Instruments and the Instrument Sets and enumerations of Exchangeable Assets and the Asset Sets, including currency amounts, for which the Single Issuer Compound Redeemable Instruments may be redeemed and created.

31. The apparatus of claim 30 wherein the executable software is additionally operative to cause the apparatus to maintain the at least one account for a user on an ongoing basis.

32. The apparatus of claim 1 wherein the issuer is newly created, existing or modified, and the executable software is operative to:

generate data descriptive of a set of two or more Single Issuer Compound Redeemable Instruments, wherein the Single Issuer Compound Redeemable Instruments comprise multiple disparate classes of the Financial Structure and are issued by a single issuer;

group the two or more Single Issuer Compound Redeemable Instruments of multiple disparate classes of the Financial Structure into an Instrument Set comprising Single Issuer Compound Redeemable Instruments;

generate data descriptive of one or more quantifiable assets; and

group the one or more of the quantifiable assets into an Asset Set comprising Exchangeable Assets based upon one or more of;

financial structure, investment banking, and structuring and issuing Financial Instruments.

33. The apparatus of claim 1 wherein the executable software is additionally operative to cause the apparatus to extinguish redeemed Single Issuer Compound Redeemable Instruments.