Abstract: A system for managing data flows includes a network server including a central processing unit, a communication port, at least one random access memory, a read-only memory and one or more databases or data storage devices. Computer program code is stored on a memory. The system includes an engine operable to determine data specifying a risk mitigation portfolio including a hybrid derivative to embed multiple exposures simultaneously and which provides a formula that is a joint function of an index and a rate. A central serial bus operably interconnects devices via a bi-directional connection.

Abstract: The present invention provides a method and system for determining hedging transactions to meet required characteristics of risks associated with an insurance instrument, and mitigating the risks associated with the insurance instrument by executing hedging transactions. The hedging transactions utilize hybrid derivatives. In general, the equity/interest rate hybrid derivative concept encapsulates any derivative, or any investment vehicle with an embedded derivative, that contains a payoff formula(s). At a minimum the formula(s), is/are a function of two items: equities, and any interest rates.

Abstract: The present invention provides a method and system for determining hedging transactions to meet required characteristics of risks associated with an insurance instrument, and mitigating the risks associated with the insurance instrument by executing hedging transactions. The hedging transactions utilize hybrid derivatives. In general, the equity/interest rate hybrid derivative concept encapsulates any derivative, or any investment vehicle with an embedded derivative, that contains a payoff formula (s). At a minimum the formula (s), is/are a function of two items: equities, and any interest rates.