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.

Date of Patent:
Aug. 09, 2022

Filed:

Jul. 13, 2018
Applicant:

Jpmorgan Chase Bank, N.a., New York, NY (US);

Inventors:

Samer Falah, Staten Island, NY (US);

Tyrone Lobban, London, GB;

Naveen Mallela, Singapore, SG;

Zekun Shi, Singapore, SG;

Sai Murali Krishna Valiveti, Singapore, SG;

Archana Manjunatha, Singapore, SG;

Zhou Zhiyao, Singapore, SG;

Peter Munnings, Riverclub, ZA;

Coenie Beyers, Cape Town, ZA;

Patrick Mylund Nielsen, Brooklyn, NY (US);

Assignee:

JPMORGAN CHASE BANK, N.A., New York, NY (US);

Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 20/38 (2012.01); G06Q 20/22 (2012.01); G06Q 20/40 (2012.01);
U.S. Cl.
CPC ...
G06Q 20/38215 (2013.01); G06Q 20/223 (2013.01); G06Q 20/389 (2013.01); G06Q 20/3823 (2013.01); G06Q 20/405 (2013.01); G06Q 20/4037 (2013.01);
Abstract

Systems and methods for automated decentralized multilateral transaction processing are disclosed. According to one embodiment, in an information processing apparatus comprising at least one computer processor, a method for automated decentralized multilateral transaction processing may include: (1) receiving a plurality of transaction requests to conduct a plurality of transactions; (2) determining that a party to a first transaction of the plurality of transactions does not meet a liquidity requirement to conduct the first transaction; (3) executing a netting algorithm to identify a second transaction of the plurality of transactions that when executed allows the first transaction to execute; and (4) executing the first and second transactions.


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