Citibank, N.a.

Jon Cassell

Alan Cole

Terence Boyle

Alan Schneider

Nolan Gesher

The present invention provides secure, high-volume, processing methods and systems for multiple financial instruments that combine collateral matching to identify matched and unmatched financial transactions and consolidated mark to market valuations for all parties to a matched financial transaction. Further, the methods and systems of the present invention: (1) provide real-time identification of matched and unmatched financial transactions; (2) provide real-time mark to market portfolio valuations; (3) provide standard formulae and user preferences to develop algorithms for real-time mark to market portfolio valuations; (4) accommodate additional financial instruments and additional users; (5) minimize manual review of discrepancies in margin valuations; (6) provide multilingual capabilities, settlement currencies, and other identifiers necessary to communicate the results of collateral matching and mark to market portfolio valuations; (7) facilitate lower financial transaction and processing costs; and (8) minimize the manual entry and re-keying of information into multiple formats and templates used parties to a financial transaction. In other embodiments of the present invention, the methods and systems may be designed to: (1) utilize a user-friendly interactive user interface; (2) provide integration with external and internal systems; (3) provide detailed reports; (4) allow for real-time system modifications and system configuration; (5) allow for customized import/export files; and/or (6) utilize state-of-the-art communications technology.

Methods and systems for collateral matching and mark to market reconcilement

A method and system for centralized automated reconciliation of investment manager and related custody accounts makes use of computer hardware and software in a service bureau environment to receive information and records electronically from fund managers and custodian banks in different formats, to reformat the files for inputting to the system, and to perform the reconciliation process in a uniform manner. The system also allows one or both of fund managers and custodians to establish matching rules, to view the results of the matching process, to track the investigation process for unmatched records, and to manually match unmatched records.

Growing community of inventors

Bishops Stortford, United Kingdom

Jon Cassell