Syndication Loan Administration and Processing System

• US 20140258076A1
• Filed: 05/21/2014
• Published: 09/11/2014
• Est. Priority Date: 03/24/2000
• Status: Abandoned Application

• Current Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Original Assignee: JP Morgan Chase Bank, N.A. (JP Morgan Chase & Co)
• Inventors: Louie, Edmund H., Campbell, Michael X.
• Application Number:
  US14/283,312
• Publication Number:
  US 20140258076A1
• Time in Patent Office: Days
• US Class Current: 705/37
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 40/06 Asset management; Financial planning or analysis
• CPC Class Codes: G06Q 40/08 Insurance

Abstract

A loan syndication tracking and management system and method provides a user with access to specific details related to a syndicated loan. The system and method coordinates investor, borrower and resource information, in addition to features related to the overall structure of a syndicated loan. Users access the system with various levels of permissions to view, add, update or delete information according to their allotted permissions. The system permits multiple users to access the information for efficient handling of approvals and requests related to multiple investors and borrowers, in addition to handling institution interchanges and notifications. The system and method keeps a record of all transactions and changes for review, reporting or regulatory purposes. The administration of a syndicated loan transaction is simplified while providing advanced features such as support for loan trading.

Claims

1. A loan management system, comprising:

at least one database storing;

a first dataset containing lender data, said lender data being related to a plurality of lenders;

a second dataset containing borrower data, said borrower data being related to at least one borrower; and

a third dataset containing loan resource data, said loan resource data being related to a plurality of loan resources;

a processing engine accessing said first, second and third datasets, said processing engine executing instructions to implement loan management tools and transaction management tools to organize said lender data for viewing, said borrower data and said loan resource data contained in said first, second, and third datasets;

a user interface coupled to said processing engine; and

wherein a user provides instructions to said processing engine through said user interface to manipulate at least one of the loan management tools and transaction management tools, said instructions causing said processing engine to access said datasets and to implement at least one of the loan management tools and the transaction management tools to process loan information related to a loan, said loan information comprising said lender data, said resource data, and said borrower data.

2. A loan management system according to claim 1, further comprising:

a loan portion ownership transfer module including instructions executed by the processing engine to inform lenders in said loan management system of a first lender offering a loan portion for at least one of a sale and a trade;

said loan portion ownership transfer module further including instructions executed by the processing engine to consummate said at least one of said sale and said trade, whereby recordation of a transfer of said loan portion ownership is made in said loan management system; and

said loan portion ownership transfer module further including instructions executed by the processing engine to notify said first lender and an other party to said transfer of consummation of said transfer.

3. A loan management system according to claim 1, wherein said resource data includes resource data related to at least one of a term loan type resource, a revolving credit type resource and a letter of credit type resource.

4. A loan management system according to claim 1, wherein the processing engine further comprises:

business logic including criteria for determining if parameters of a transaction are within appropriate value ranges, wherein

said business logic receives and analyzes a transaction request from said user through said user interface and approves said transaction request based on said criteria.

5. A loan management system according to claim 1, wherein said first, second, and third datasets are part of a relational database.

6. A loan management system according to claim 1, further comprising:

a set of funds transfer instructions for each of said plurality of lenders; and

each of said funds transfer instructions having a status indicative of whether said funds transfer instructions are at least pending or approved.

7. A loan management system according to claim 6, wherein said processing engine processes an instruction from a representative of a lender to modify said status for respective funds transfer instructions to pending thereby enabling approval of said funds transfer instructions.

8. A loan management system according to claim 7, wherein said representative is a first representative, and wherein said processing engine processes an instruction from a second representative to change said status from pending to approved.

9. A loan management system according to claim 1, further comprising:

an agent fee calculation module further including instructions executed by the processing system to calculate an agent fee; and

said agent fee related to at least one of transactions for and amounts of said loan resources.

10. A loan management system according to claim 1, further comprising:

a user access authorization module; and

an access authorization level assigned to said user, whereby said user is granted access to various portions of said loan management system based on authorization accorded to said user by said user access authorization level.

11. A loan management system according to claim 1, further comprising a contact list including contacts for said plurality of lenders and for said at least one borrower.

12. A loan management system according to claim 1, further comprising:

an external data system coupled to said processing engine;

wherein said user can provide instructions to said processing engine through said user interface to access said external data system; and

said access to said external data system can be used to compare said loan information with external data, and import and export data.

13. A loan management system according to claim 1, wherein said processing engine generates messages to at least one of said plurality of lenders, said at least one borrower and at least one contact related to said plurality of loan resources.

14. A loan management system according to claim 13, wherein said generated messages must be approved and released for transmission by a user having approval and release authorization.

15. A loan management system according to claim 14, wherein said generated messages contain all information needed to initiate a loan for use as one of said plurality of loan resources.

16-33. -33. (canceled)