Computer system for controlling a system of managing fluctuating cash flows

Abstract

Apparatus (method implemented with a machine, the machine, the method for making the machine, and products produced thereby) for controlling a system of managing cash flows for a transaction. The apparatus includes data processing means arranged for receiving information into memory, including respective descriptions of, statistical assumptions for, and financial assumptions for risks. The data processing means including: calculating means, responsive to said descriptions and assumptions, for calculating expected cash flows corresponding to said risks for time periods; accounting means for determining, responsive to actual cash flow information from occurrence of events corresponding to said risks, for a first party owing the expected cash flows to a second party, and for determining, for the second party owing actual cash flows to the first party, a net settlement, for each of said time periods, between the parties in the transaction, to manage the actual cash flows and the expected cash flows.

1 . Apparatus for controlling a system of managing cash flows for a transaction, the apparatus comprising:
 data processing means arranged for information into memory, said information comprising respective descriptions of risks, statistical assumptions for said risks, and financial assumptions for said risks, the data processing means further comprising:   actuarial pricing means, responsive to said descriptions and said assumptions, for calculating expected cash flows corresponding to said risks for time periods; and   accounting means for determining, responsive to actual cash flow information from occurrence of events corresponding to said risks, for a first party to the transaction owing the expected cash flows to a second party to the transaction, and for determining, for the second party owing the actual cash flows to the first party, a net settlement, for each of said time periods, between the parties in the transaction, to manage the actual cash flows and the expected cash flows.