Method and system for confirmation and settlement for financial transactions matching

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United States of America Patent

PATENT NO 6247000
SERIAL NO

09097695

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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The present invention, an embodiment of which is known as Crossmar Matching Service (CMS) provides a method and system for matching order routing of securities and other instrument types, and for matching other transaction information on a post-execution basis, such as during the confirmation and settlement phase. The functions of the present invention occur on the post-execution side of the value chain and include matching the financials, matching the delivery instructions, and confirming those deliveries and instructions. The method and system of the present invention thus further provide a confirmation and settlement system for these functions.

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Patent Owner(s)

Patent OwnerAddress
CITIBANK N A388 GREENWICH STREET NEW YORK NY 10013

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Fitzpatrick, Rick Rockaway, NJ 4 868
Hawkins, John G Westfield, NJ 3 1159
Jacobs, Dave M Wayne, NJ 2 839

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