DATABASE STRUCTURE FOR FINANCIAL PRODUCTS WITH UNIQUE, CONSISTENT IDENTIFIER FOR PARTIES THAT ASSUME ROLES WITH RESPECT TO THE PRODUCTS AND METHODS OF USING THE DATABASE STRUCTURE

摘要

The present invention is directed, in various embodiments, to a computer system comprising a party database and a products-role database. The party database contains party data records that contain information about various parties, respectively. The products-role database contains a number of product-role records. Each of the product-role records is associated with a different financial product. Further, each of the product-role records contains a unique party identifier for each party that performs a role for the corresponding financial product (such as issuer, guarantor, custodian, etc.) and a corresponding link to a party data record in the party database for each party, The party identifier is used consistently throughout the records of the products-role database to identify the corresponding party for all products where the party performs a role. The party data records may include hierarchical party relationship information for the party, such as identifying the legal parent, the credit parent, the ultimate legal parent and/or the ultimate credit parent of the party. In that way, the database arrangement can be used by a firm to measure its exposure to a particular party.