Patents Assigned to The Debt Exchange, Inc.
  • Patent number: 10127609
    Abstract: An Optimization Server reduces M×N iteration space using various techniques to enhance computer performance by improving computer runtime and memory usage. The Optimization Server determines an aggregate combination of bids that results in high proceeds on individual assets of a portfolio subject to minimum and maximum constraints imposed by a bidder across a plurality of individual asset bids. The Optimization Server stores in a memory a portfolio array including M number of elements. Each portfolio array element corresponds to a bid array of bids on the plurality of individual assets of the portfolio. Each bid array includes N number of elements and each bid array element corresponds to a bid amount on one of the plurality of individual assets in the portfolio. The bid array also includes a corresponding minimum constraint and a corresponding maximum constraint across all of the individual asset-level bids placed on the portfolio.
    Type: Grant
    Filed: September 29, 2015
    Date of Patent: November 13, 2018
    Assignee: THE DEBT EXCHANGE, INC.
    Inventors: Bruce Kenneth Hounsell, Sofia Valentinovna Voulikhman
  • Publication number: 20160092980
    Abstract: An Optimization Server reduces M×N iteration space using various techniques to enhance computer performance by improving computer runtime and memory usage. The Optimization Server determines an aggregate combination of bids that results in high proceeds on individual assets of a portfolio subject to minimum and maximum constraints imposed by a bidder across a plurality of individual asset bids. The Optimization Server stores in a memory a portfolio array including M number of elements. Each portfolio array element corresponds to a bid array of bids on the plurality of individual assets of the portfolio. Each bid array includes N number of elements and each bid array element corresponds to a bid amount on one of the plurality of individual assets in the portfolio. The bid array also includes a corresponding minimum constraint and a corresponding maximum constraint across all of the individual as set-level bids placed on the portfolio.
    Type: Application
    Filed: September 29, 2015
    Publication date: March 31, 2016
    Applicant: The Debt Exchange, Inc.
    Inventors: Bruce Kenneth Hounsell, Sofia Valentinovna Voulikhman
  • Publication number: 20140108229
    Abstract: A system for managing the formation of and transactions relating to a syndicated loan is described which provides an interface for all active and prospective participants of a syndicated loan to interact with the system an each other, thereby making the syndication process more efficient and dynamic. In addition, a trading functionality is incorporated and described herein that creates a market for trading syndicated loans and disseminating information about the loans to other participants in the market.
    Type: Application
    Filed: December 19, 2013
    Publication date: April 17, 2014
    Applicant: THE DEBT EXCHANGE, INC.
    Inventors: J. Kingsley Greenland, II, William J. Jakubowski
  • Patent number: 8639614
    Abstract: A system for managing the formation of and transactions relating to a syndicated loan is described which provides an interface for all active and prospective participants of a syndicated loan to interact with the system an each other, thereby making the syndication process more efficient and dynamic. In addition, a trading functionality is incorporated and described herein that creates a market for trading syndicated loans and disseminating information about the loans to other participants in the market.
    Type: Grant
    Filed: December 29, 2006
    Date of Patent: January 28, 2014
    Assignee: The Debt Exchange, Inc.
    Inventors: J. Kingsley Greenland, II, William J. Jakubowski
  • Patent number: 7584139
    Abstract: The invention relates to systems and methods for trading products and services over a computer network, such as the Internet. In one embodiment, the invention provides a method for trading financial products over a computer network. The system ranks buyers based on the likelihood that they will bid on the products being offered. The system can track the users by certain user information, as well as block a certain user's access to the system based on the user's information.
    Type: Grant
    Filed: November 18, 2003
    Date of Patent: September 1, 2009
    Assignee: The Debt Exchange, Inc.
    Inventors: Thomas R. Goodwin, J. Kingsley Greenland, II, Bruce K. Hounsell, William J. Jakubowski
  • Patent number: 7035820
    Abstract: The invention relates to systems and methods for trading financial products over a computer network, such as the Internet. In one embodiment, the invention provides a method for trading financial products over a computer network. Seller information is received from a first client, the seller information relating to a financial product offered for sale on behalf of a seller, at least some of the seller information comprising due diligence information, the due diligence information capable of fulfilling at least a portion of a request for due diligence on the financial product. The seller information about the financial product is stored in a database. A second client is provided with an opportunity to obtain the due diligence information on behalf of a potential buyer of the financial product. A bid is stored for the financial product from the second client in the database, if it can be shown that second client has obtained the due diligence information.
    Type: Grant
    Filed: August 10, 2001
    Date of Patent: April 25, 2006
    Assignee: The Debt Exchange, Inc.
    Inventors: Thomas R. Goodwin, Kingsley J. Greenland, II, Bruce K. Hounsell, William J. Jakubowski