Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2000-07-27
2009-02-17
Kazimi, Hani (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
07493279
ABSTRACT:
Bank syndicates post their syndication information to allow other banks the opportunity to evaluate competitive pricing in one website. Lenders post their requirements to allow syndicates to evaluate their requirements in one website. A bank or customer navigates to the site to obtain information and may confirm a posted bid in which case the site operator notifies the lender or syndicator. The lender or syndicator may then accept this confirmation and the site operator notifies the lender or syndicate who are successful in their posted bid. Alternatively, the entities involved may negotiate their bids for a particular syndication using an on-line interactive auction block. The web operator will then administer and manage on-line the syndicated loan on behalf of the syndicator.
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Akintola Olabode
Kazimi Hani
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