SYSTEMS AND METHODS FOR OBTAINING A DETERMINISTIC VALUE FOR ONE OR MORE FINANCIAL PRODUCTS
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United States of America Patent
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Issued Date -
Mar 5, 2015
app pub date -
Mar 23, 2012
filing date -
Mar 23, 2012
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Abstract
The invention relates to a system and method for obtaining a deterministic value for one or more financial products. This invention defines one or more rules to obtain the deterministic value for the one or more financial products. The one or more rules include an interest rule, a principal rule and a currency rule. The one or more rules are attached to the one or more financial products and executed at the time of cash flow event calculation to obtain the deterministic value of the interest, the mode of payment and the currency of payment for the one or more financial products.
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