Abstract: A system for facilitating settlement of payments relating to transactions involving financial instruments among multiple participants is provided. An interface receives from participants first and second instructions associated with a financial instrument of a first form, and first and second instructions associated with a financial instrument of a second form. A first processor establishes an association between, and applies a first set of pre-settlement rules to, the first and second instructions associated with the financial instrument of the first form. A second processor establishes an association between, and applies a second set of pre-settlement rules to, the first and second instructions associated with the financial instrument of the second form.
Type:
Application
Filed:
December 19, 2007
Publication date:
November 4, 2010
Applicant:
CLS BANK INTERNATIONAL
Inventors:
Philip Paul Trickey, Joseph Halberstadt, Sean Christopher Daly, Dirk Cavens, Naeem Ahmad, William Patrick Fraser-Campbell