Abstract: In the disclosed computerized lending systems, terms of contracts are coordinated between a plurality of parties, each of which operate party client systems to interface to the electronic transaction processing system, including a database of transactions representing contracts, parties to the contracts and at least essential terms of the contracts. Signaling to each of the parties can be done without identifying each party to the other, including throughout execution of the contract. The logic to coordinate can be contract term negotiating logic and/or auction logic and the binding contract can be a loan contract, with the loans being obtained through an auction process directly between lender and borrower. A lender might have a standing order that can be filled with loans to multiple borrowers, to provide diversification.

Abstract: In the disclosed computerized lending systems, terms of contracts are coordinated between a plurality of parties, each of which operate party client systems to interface to the electronic transaction processing system, including a database of transactions representing contracts, parties to the contracts and at least essential terms of the contracts. Signaling to each of the parties can be done without identifying each party to the other, including throughout execution of the contract. The logic to coordinate can be contract term negotiating logic and/or auction logic and the binding contract can be a loan contract, with the loans being obtained through an auction process directly between lender and borrower. A lender might have a standing order that can be filled with loans to multiple borrowers, to provide diversification.