Method And Apparatus For Reference Data Scrubbing

摘要

A system, medium storing processor-executable process steps, method and apparatus for supporting a derivative transaction, the method including receiving data identifying a reference entity participating in the derivative transaction; receiving data identifying at least a first reference obligation associated with the derivative transaction; identifying a contractual relationship between the reference entity and the at least first reference obligation; and generating a data record associated with the derivative transaction, the data record including the data identifying said reference entity, the data identifying the at least first reference obligation, and data identifying said contractual relationship, wherein the data record is verified as accurate as of an issue date of the derivative transaction.

主权项

1. A system to support a derivative transaction, comprising:
a processor; a communications device, in communication with said processor, receiving data; and a memory unit in communication with the processor and storing a program, wherein the processor is operative with the program to
receive data identifying a reference entity participating in said derivative transaction;receive data identifying at least a first reference obligation associated with said derivative transaction;identify a contractual relationship between said reference entity and said at least first reference obligation; andgenerate a data record associated with said derivative transaction, said data record including said data identifying said reference entity, said data identifying said at least first reference obligation, and data identifying said contractual relationship, wherein said data record is verified as accurate as of an issue date of said derivative transaction.