SYSTEM AND METHOD FOR MANAGING AND INDEMNIFYING COMMERCIAL PAPER

摘要

A computer-implemented method and system of managing and indemnifying commercial paper by a trustee over a computer network includes receiving an indication of a proposed short-term secured investment transaction, said indication including one or more illiquid and non-current assets proposed as collateral for the investment transaction; evaluating an asset value of the one or more illiquid and non-current assets; applying a discount factor to the asset value in response to either an operator input or a predetermined discount factor stored in a database whether the applied discount factor and a resulting discounted asset value is acceptable to the trustee and at least one party to the proposed secured investment transaction that is considering providing investment funds for the transaction; if the resulting discounted asset value is acceptable, and if the proposed secured investment transaction is consummated, establishing a trust account in a database.