Patents Assigned to Latex
  • System and method of clearing services for risk management trading
    Patent number: 8326730
    Abstract: A system for automated clearing and settlement of risk management transactions on an automated system used by a plurality of users provides electronic interaction between buyers and sellers and enables parties to make decisions concerning reinsurance products. The clearing system enables the transfer of premium and loss payments directly between risk-bearers or via brokers representing these risk-bearers.
    Type: Grant
    Filed: September 14, 2001
    Date of Patent: December 4, 2012
    Assignee: Latex
    Inventor: Francis Joseph Sweeney