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SECURITIES LENDING RECORDS PROCESSING

  • US 20140136445A1
  • Filed: 11/15/2012
  • Published: 05/15/2014
  • Est. Priority Date: 11/15/2012
  • Status: Abandoned Application
First Claim
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1. A computer-implemented method for processing securities lending data, comprising:

  • receiving at a computing system transaction data for each of a plurality of participants in securities lending transactions, the transaction data comprising records corresponding to transactions entered into by the plurality of participants, each record comprising information for a plurality of parameters associated with a transaction, the plurality of parameters comprising a party, a counterparty, a security, and terms of a securities lending agreement;

    processing the received transaction data to identify records having values for the plurality of parameters that correspond to values for the plurality of parameters in another record;

    processing the received transaction data to identify orphan records, the orphan records having values for the plurality of parameters that do not correspond to values for the plurality of parameters in another record;

    comparing the identified orphan records to identify orphan records that have values for the plurality of parameters, with the exception of one of the party parameter and the security parameter, that correspond to values for the plurality of parameters in another orphan record;

    for each orphan record having values for the plurality of parameters, with the exception of one of the counterparty parameter and the security parameter, that correspond to values for the plurality of parameters in another orphan record, transmitting information specifying a correspondence with the another orphan record.

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