Apparatuses, Methods And Systems For A Periodic Auction Reset Securities Optimization Engine

Abstract

Dynamic management of one or more portfolios of securities, in particular, portfolios of Periodic Auction Reset Securities (PARS) is disclosed. The dynamic management for the specification of rules for investor accounts by which optimization of this type of portfolio may occur and allows financial institutions or other wealth management entities to easily maintain and invest in PARS holdings for multiple accounts. For example, the dynamic management systems and methods can provide for the maintenance of a large number of separate accounts that contain PARS, centralize the maintenance of PARS positions, allow management of central PARS accounts in line with guidelines specified in one or more account profiles, allow sales traders to specify additional guidelines, and/or automate account analysis, trade generation and/or participation in the auction process.

1 . An optimizer processor-implemented method for enabling PARS account optimization, comprising:
 receiving at an optimizer core an account optimization request for an at least one PARS account;   processing the received account optimization request on the optimizer core;   querying an at least one account profile database based on the processed account optimization request to identify an at least one account profile associated with the at least one PARS account;
 wherein the at least one account profile defines attributes of products allowed in the account; 
 wherein the at least one account profile defines the attributes of products excluded from the account; 
 wherein the at least one account profile defines allocation requirements for the account; 
   retrieving the identified at least one account profile from the at least one account profile database,   processing on the optimizer core at least one of the received account optimization request and the retrieved account profile to identify an at least one applicable account optimization rule for the at least one PARS account from a plurality of account optimization rules in an account optimization rule database;   wherein each account optimization rule in the account optimization rule database includes a rule score and at least one of a possible action type and possible settlement type;   wherein the plurality of account optimization rules includes an at least one account validation rule;   wherein the plurality of account optimization rules includes an at least one action validation rule;   applying the at least one identified account optimization rule to the account profile and determining, using the optimization core, whether a violation of the at least one optimization rule exists;   creating an exception if the optimization core determines a violation of the at least one optimization rule exists,   wherein severity of the exception corresponds to the rule score associated with the at least one optimization rule violated;   wherein the exception includes at least one of a possible action type and settlement type;   determining on the optimization core an at least one action from a plurality of possible actions to resolve the exception,
 wherein the plurality of possible actions comprises:
 an inventory buy action, 
 an inventory swap action, 
 a cross action, 
 a client swap action, 
 an auction action,
 wherein the auction action includes a bid potential order, 
 wherein the auction action includes a sell auction order; 
 
 
 wherein the determination of the at least one action on the optimization core is based on minimizing a total score of exceptions in the account; and 
   executing the at least one action to resolve the exception.   
     
     
         2 .- 33 . (canceled)