The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Apr. 27, 2021
Filed:
Aug. 21, 2019
The Bank of New York Mellon, New York, NY (US);
Brian Blank, Manalapan, NJ (US);
Song He, Warren, NJ (US);
Madhusudan Rana, Casselberry, FL (US);
Pavithran Rajendran, Tamil Nadu, IN;
THE BANK OF NEW YORK MELLON, New York, NY (US);
Abstract
In certain embodiments, transaction-subset-assignment of computer processing nodes may be facilitated to perform collateral allocation. In some embodiments, a query may be performed to obtain a set of transactions. Computer processing nodes may be selected from a set of available nodes for performing collateral allocations. Collateral allocation rules associated with a lender may be obtained, and each of the computer processing nodes may be caused to perform collateral allocations for one subset of the transaction set in accordance with the collateral allocation rules by assigning transactions of the transaction set respectively to the computer processing nodes such that the computer processing nodes collectively perform collateral allocations for the transaction set. In some embodiments, each of the computer processing nodes may be configured to transmit parameter updates to be provided to the other computer processing nodes and perform its respective collateral allocation based on the other computer processing nodes' parameter updates.