ELECTRONIC TRADING CONFIRMATION SYSTEM

Patent №

US 10,923,912

Granted

2021-02-16

Filed 2018

Owner

INTERCONTINENTAL EXCHANGE, INC.

+1 more

Lab

AI components

3

kr · planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

15909215

A system and method of confirming trades of financial instruments such as OTC derivatives is disclosed. The system includes a data interface which accepts data relating to a trade from both the trader and counter party. The data includes different data fields of differing importance. The system includes a matching engine which compares the submitted data and assigns the trade a status depending on which of the data fields match. The system allows a user to filter trades on their status and display the details relating to that trade. The system also allows a user to display the data fields and change the data fields in order to change the status of the trades. The system thus allows a user to electronically confirm a trade and also identify unmatched trades and the information necessary to reconcile such unmatched trades.

Knowledge representationPlanningAI hardwareH02J 3/008G06Q 40/04Y04S 10/50Y04S 50/10

AI classification

Planning0.99
AI hardware0.83
Knowledge representation0.80
Natural language0.08
Speech0.01
Vision0.01
Machine learning0.00
Evolutionary computation0.00

Ownership

INTERCONTINENTAL EXCHANGE, INC.

assignment · 529040652

INTERCONTINENTALEXCHANGE, INC.

correct · 530830741

Assignors

TUPPER, BRUCE, VICE, CHARLES, XIA, DONGCHUN, TULLIS, HENRY D., III, RANE, SANJAY, WORLEY, CYNTHIA L., HUGHES, TRACY, MARCIAL, EDWIN

On an employer assignment, the assignors are typically the inventors.

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