Systems and methods of creating order lifecycles via daisy chain linkage

Abstract

Systems, devices, and methods for linking orders to develop a consolidated audit trail (CAT) are configured to receive event data for one or more orders based on one or more order characteristics; determine linkages between the one or more orders based on parent relationships of the one or more orders; verify the linkages between the one or more orders based on the event data; and determine order lifecycles based on the linkages between the one or more orders.

1 . A computer system, comprising:
 a non-transitory memory; and   one or more hardware processors coupled to the non-transitory memory that execute instructions to perform operations comprising:   obtaining a plurality of orders,   generating, based on the obtained plurality of orders, a lifecycle matrix that includes linkage information that establishes a relationship between each order of the plurality of orders, and   outputting the lifecycle matrix;   wherein the lifecycle matrix identifies each of the plurality of orders by a respective consolidated audit trail identifier and a respective order identifier.   
     
     
         2 . The computer system of  claim 1 , wherein the relationship is a parent-child relationship. 
     
     
         3 . The computer system of  claim 1 , wherein the generating of the order lifecycle further comprises:
 determining, from the lifecycle matrix, one or more linkages between pairs of orders.   
     
     
         4 . The computer system of  claim 1 , wherein the one or more hardware processors execute the instructions to perform:
 verifying the order lifecycle is valid by determining that each order is at least one selected from the group consisting of a new order and linked to a new order.   
     
     
         5 . The computer system of  4 , wherein the verifying further comprises:
 detecting an order lifecycle error which is at least one selected from the group consisting of an order lifecycle that includes a fill order that is a parent order, an order lifecycle in which none of the orders of the order lifecycle is a new order, an order lifecycle in which none of the orders of the order lifecycle is a fill order, and an order lifecycle that includes a new order that is a child order.   
     
     
         6 . The computer system of  claim 4 , wherein the one or more hardware processors execute the instructions to perform:
 in response to verifying the order lifecycle is valid, outputting a reporting presentation including the order lifecycle.   
     
     
         7 . The computer system of  claim 5 , wherein the one or more hardware processors execute the instructions to perform:
 in response to detecting an order lifecycle error, outputting an error signal.   
     
     
         8 . A non-transitory computer readable medium having instructions stored therein, which when executed by a processor in a computer system causes the processor to execute a method comprising:
 obtaining a plurality of orders,   generating, based on the obtained plurality of orders, a lifecycle matrix that includes linkage information that establishes a relationship between each order of the plurality of orders, and   outputting the lifecycle matrix;   wherein the lifecycle matrix identifies each of the plurality of orders by a respective consolidated audit trail identifier and a respective order identifier.   
     
     
         9 . The non-transitory computer readable medium of  claim 8 , wherein the relationship is a parent-child relationship. 
     
     
         10 . The non-transitory computer readable medium of  claim 8 , wherein the generating of the order lifecycle further comprises:
 determining, from the lifecycle matrix, one or more linkages between pairs of orders.   
     
     
         11 . The non-transitory computer readable medium of  claim 8 , wherein the method further comprises:
 verifying the order lifecycle is valid by determining that each order is at least one selected from the group consisting of a new order and linked to a new order.   
     
     
         12 . The non-transitory computer readable medium of  claim 11 , wherein the verifying further comprises:
 detecting an order lifecycle error which is at least one selected from the group consisting of an order lifecycle that includes a fill order that is a parent order, an order lifecycle in which none of the orders of the order lifecycle is a new order, an order lifecycle in which none of the orders of the order lifecycle is a fill order, and an order lifecycle that includes a new order that is a child order.   
     
     
         13 . The non-transitory computer readable medium of  claim 11 , wherein the method further comprises:
 in response to verifying the order lifecycle is valid, outputting a reporting presentation including the order lifecycle.   
     
     
         14 . The non-transitory computer readable medium of  claim 12 , wherein the method further comprises:
 in response to detecting an order lifecycle error, outputting an error signal.   
     
     
         15 . A method performed in a computer system, comprising:
 obtaining a plurality of orders,   generating, based on the obtained plurality of orders, a lifecycle matrix that includes linkage information that establishes a relationship between each order of the plurality of orders, and   outputting the lifecycle matrix;   
       wherein the lifecycle matrix identifies each of the plurality of orders by a respective consolidated audit trail identifier and a respective order identifier. 
     
     
         16 . The method of  claim 15 , wherein the relationship is a parent-child relationship. 
     
     
         17 . The method of  claim 15 , wherein the generating of the order lifecycle further comprises:
 determining, from the lifecycle matrix, one or more linkages between pairs of orders.   
     
     
         18 . The method of  claim 15 , further comprising:
 verifying the order lifecycle is valid by determining that each order is at least one selected from the group consisting of a new order and linked to a new order.   
     
     
         19 . The method of  claim 18 , wherein the verifying further comprises:
 detecting an order lifecycle error which is at least one selected from the group consisting of an order lifecycle that includes a fill order that is a parent order, an order lifecycle in which none of the orders of the order lifecycle is a new order, an order lifecycle in which none of the orders of the order lifecycle is a fill order, and an order lifecycle that includes a new order that is a child order.   
     
     
         20 . The method of  claim 18 , further comprising:
 in response to verifying the order lifecycle is valid, outputting a reporting presentation including the order lifecycle.