Abstract: An apparatus and method for calculating foreign exchange advantages, the apparatus includes at least a processor and a memory containing instructions configuring the at least a processor to acquire action data from an entity, wherein an element of the action data includes at least a plurality of originators and at least a plurality of receivers, process the action data, wherein processing the action data includes classifying a plurality of action data elements to at least an originator of the plurality of originators and a receiver of the plurality of receivers and classifying the action data against a data store including at least a foreign exchange rate, generate a conversion record as a function of the processed action data, and output the conversion record to a third-party computing device.
Type:
Application
Filed:
December 19, 2023
Publication date:
May 2, 2024
Applicant:
Acceleron Bank, Inc.
Inventors:
Damon Magnuski, Matthew Henkler, Kevin Minard, Andrew Dillard
Abstract: An apparatus and method for calculating foreign exchange advantages, the apparatus includes at least a processor and a memory containing instructions configuring the at least a processor to acquire action data from an entity, wherein an element of the action data includes at least a plurality of originators and at least a plurality of receivers, process the action data, wherein processing the action data includes classifying a plurality of action data elements to at least an originator of the plurality of originators and a receiver of the plurality of receivers and classifying the action data against a data store including at least a foreign exchange rate, generate a conversion record as a function of the processed action data, and output the conversion record to a third-party computing device.
Type:
Application
Filed:
February 21, 2023
Publication date:
August 24, 2023
Applicant:
Acceleron Bank, Inc.
Inventors:
Damon Magnuski, Matthew Henkler, Kevin Minard, Andrew Dillard