Limiting counter-party risk in multiple party transactions

G - Physics – 06 – Q

Patent

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G06Q 40/04 (2012.01)

Patent

CA 2663624

A computerized entity, system and method for limiting or eliminating counterparty risk for settlement in financial transactions are described. A central counterparty novates trades between counterparties and interposes itself as the entity with whom each counterparty will settle. The central counterparty may require additional credit or collateral from one or more counterparties to ensure that the central counterparty does not assume an unaddressed risk.

L'invention concerne une entité, un système et un procédé informatisés destinés à limiter ou supprimer le risque de contrepartie pour un règlement dans des transactions financières. Une contrepartie centrale procède à la substitution d'opérations entre des contreparties et s'interpose comme entité avec laquelle chaque contrepartie doit effectuer un règlement. La contrepartie centrale peut solliciter un crédit additionnel ou une couverture auprès d'une ou plusieurs contreparties, ladite contrepartie centrale garantissant ainsi un contrôle du risque.

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