Global Patent Index - EP 1002289 A2

EP 1002289 A2 2000-05-24 - METHOD AND DATA SYSTEM FOR DETERMINING FINANCIAL INSTRUMENTS FOR USE IN FUNDING OF A LOAN

Title (en)

METHOD AND DATA SYSTEM FOR DETERMINING FINANCIAL INSTRUMENTS FOR USE IN FUNDING OF A LOAN

Title (de)

VERFAHREN UND DATENSYSTEM ZUR BESTIMMUNG FINANZIELLER INSTRUMENTE BEI DER FINANZIERUNG EINES DARLEHENS

Title (fr)

PROCEDE ET SYSTEME DE DONNEES DESTINES A DETERMINER LES INSTRUMENTS FINANCIERS UTILISES DANS LE FINANCEMENT D'UN PRET

Publication

EP 1002289 A2 (EN)

Application

EP 98936273 A

Priority

  • DK 9800339 W
  • DK 90397 A

Abstract (en)

[origin: WO9909500A2] A method and a computer system for calculating the type, the number and the volume of financial instruments for financing a loan with equivalent proceeds to a debtor, the loan being a loan which has to be partially refinanced during the remaining term to maturity of the loan. The remaining term to maturity of the loan is determined at the beginning of each period such that during the entire term to maturity of the loan, the debtor's repayments are within a band defined by a set of upper and lower limits which may be set for each period, and such that the remaining term to maturity of the loan is also within a band defined by an upper limit and a lower limit. Furthermore, the payments on a special instrument, a repayment guarantee instrument, are determined, said repayment guarantee instrument being designed to ensure that given maximum limits for repayments and term to maturity are observed and supplementing the abovementioned financial instruments. Payments from the repayment guarantee instrument are made in those situations in which the maximum limits for repayments and term to maturity would otherwise have been exceeded. Similarly, payments to the repayment guarantee instrument are made in those situations in which repayments and term to maturity would otherwise have fallen below the minimum limits for repayments and term to maturity. The results of the calculations may be employed by a lender, e.g. a financing institution such as a mortgage credit institution, to ensure that such a loan is financed so that interest rate risks as well as imbalances in payment flows are avoided or minimized.

IPC 1-7 (main, further and additional classification)

G06F 17/60

IPC 8 full level (invention and additional information)

G06Q 40/00 (2012.01)

CPC (invention and additional information)

G06Q 40/04 (2013.01)

Citation (search report)

See references of WO 9909500A3

Designated contracting state (EPC)

AT BE CH CY DE DK ES FI FR GB GR IE IT LI LU MC NL PT SE

EPO simple patent family

WO 9909500 A2 19990225; WO 9909500 A3 19990429; AU 8534398 A 19990308; CA 2297990 A1 19990225; EP 1002289 A2 20000524

INPADOC legal status


2001-05-09 [18W] APPLICATION WITHDRAWN

- Date of withdrawal: 20010314

2000-05-24 [17P] REQUEST FOR EXAMINATION FILED

- Effective date: 20000301

2000-05-24 [AK] DESIGNATED CONTRACTING STATES:

- Kind Code of Ref Document: A2

- Designated State(s): AT BE CH CY DE DK ES FI FR GB GR IE IT LI LU MC NL PT SE

2000-05-24 [AX] REQUEST FOR EXTENSION OF THE EUROPEAN PATENT TO:

- Free text: AL PAYMENT 20000301;LT PAYMENT 20000301;LV PAYMENT 20000301;MK PAYMENT 20000301;RO PAYMENT 20000301;SI PAYMENT 20000301