Data processing system to initialize or modify the system to perform transactions using mask comprises on/off flags
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United States of America Patent
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May 4, 2010
Grant Date -
Jun 16, 2005
app pub date -
Jan 19, 2005
filing date -
Jul 24, 2002
priority date (Note) -
Expired
status (Latency Note)
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Abstract
A data processing system (1) is programmed with objects (2) according to the object-oriented architecture. Each object (2) is for implementing an event, which for financial securities processing is often referred to as a corporate action. An object (2) has a container (3) containing a series of masks (4), all at the same level in a flat structure. Each mask has four binary bit flags, each switching on or off a pre-stored unit (5) of executable code for an asynchronous transaction. Initialization or modifications of the system involves only processing through a series of decisions and setting mask flags accordingly.
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