CPC G06Q 40/04 (2013.01) | 21 Claims |
1. A computer-implemented method comprising:
monitoring, automatically by a processor, data, stored in a non-transitory memory, indicative of at least two interest rate instruments, each characterized by a rate associated therewith, and collectively characterized by an economic characteristic;
determining, by the processor, a first rate for use in eliminating the at least two interest rate instruments, the first rate being determined therefrom, and based thereon, generating data indicative of a first calculated interest rate instrument and computing the economic characteristics thereof;
generating, by the processor when the economics of the first calculated interest rate instrument are not equal to the economic characteristics of the at least two interest rate instruments, data indicative of a second calculated interest rate instrument using a second rate, such that the economic characteristics of the first calculated interest rate instrument alone, or if determined, in combination with the economic characteristics of the second calculated interest rate instrument, are identical to the to the economic characteristic of the at least two interest rate instruments; and
replacing, by the processor in the non-transitory memory, the data indicative of the at least two interest rate instruments with the data indicative of the first calculated interest rate instrument and, if determined, the data indicative of the second calculated interest rate instrument, wherein the amount of data stored in the memory is reduced.
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