Invention Grant
- Patent Title: Multiple modular asset class constructor apparatuses, methods and systems
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Application No.: US14958794Application Date: 2015-12-03
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Publication No.: US11861712B1Publication Date: 2024-01-02
- Inventor: Matthew Kenigsberg , Prasenjit Mazumdar , Keith Quinton
- Applicant: FMR LLC
- Applicant Address: US MA Boston
- Assignee: FMR LLC
- Current Assignee: FMR LLC
- Current Assignee Address: US MA Boston
- Agency: Hanchuk Kheit LLP.
- Agent Walter G. Hanchuk
- Main IPC: G06Q40/06
- IPC: G06Q40/06 ; G06Q40/04

Abstract:
The Multiple Modular Asset Class Constructor Apparatuses, Methods and Systems (“MMACC”) transforms collateralized equity obligation structure parameters, asset search, tranche selections inputs via MMACC components into asset income distribution message, principal distribution message outputs. A capital structure input may be obtained from a system user via a first data structure that specifies dividend allocation and capital allocation for a first equity tranche, and dividend allocation and capital allocation for a second equity tranche. Dividend allocation and capital allocation for the first equity tranche, and dividend allocation and capital allocation for the second equity tranche may be determined. A second data structure may be generated that maps dividend allocation and capital allocation of an index to the first equity tranche and to the second equity tranche. Shares of the first equity tranche and shares of the second equity tranche may be generated using the second data structure.
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