Dynamic financial liability management
Number of patents in Portfolio can not be more than 2000
United States of America Patent
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N/A
Issued Date -
Apr 20, 2006
app pub date -
Oct 14, 2004
filing date -
Oct 14, 2004
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
Financial liabilities are dynamically managed by receiving liability information relating to a client associated with multiple financial liabilities. Each financial liability is associated with a respective interest rate. A payment is allocated among the financial liabilities, for example, as a function of the interest rates associated with the financial liabilities. When a change in a financial liability occurs, the allocation of the payment is adjusted.
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