{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-8463684","patent":{"patent_number":"US-8463684","title":"System and method for automatic defeasance of a base portfolio of credit default swaps","assignee":null,"inventors":[],"filing_date":"2009-05-26T00:00:00.000Z","publication_date":"2013-06-11T00:00:00.000Z","cpc_codes":["G06Q","G06Q"],"num_claims":34,"abstract":"A computer-implemented method for automatic defeasance of a base portfolio of credit default swaps, the base portfolio being held between a first counterpart and a second counterpart, including the steps of: receiving at a portfolio database trade data related to the base portfolio; identifying from the trade data at a matching engine trades that have at least one of matching core attributes and matching trade characteristics so as to compile the base portfolio; grouping at a sub-portfolio generator the identified trades into sub-portfolios; determining at a spread value engine a set of allowable spread values for each sub-portfolio; and for each sub-portfolio, generating at a defeasance portfolio engine a defeasance portfolio of credit default swaps comprising at the most two trades, each of the two trades having a spread value selected from the determined set of allowable spread values so that the defeasance portfolio replicates the base portfolio and minimizes gross notional of the defeasance portfolio."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for automatic defeasance of a base portfolio of credit default swaps","description":"A computer-implemented method for automatic defeasance of a base portfolio of credit default swaps, the base portfolio being held between a first counterpart and a second counterpart, including the st","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-8463684","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-8463684","citation_suggestion":"Patentable. \"System and method for automatic defeasance of a base portfolio of credit default swaps\" (US-8463684). https://patentable.app/patents/US-8463684","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-8463684","json":"https://patentable.app/api/llm-context/US-8463684","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-31T05:38:55.970Z"}