System and method for providing trade confirmations

The present invention relates to the field of confirming trade transactions, and more particularly, to a system and method for confirming trade transactions by transmitting secure electronic envelopes containing trade confirmations via the Internet and/or private network to a customer's e-mail...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Hauptverfasser: Venkatraman, Rajamadam C, Sahasrabuddhe, Unmesh, Warty, Ashish
Format: Patent
Sprache:eng
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Beschreibung
Zusammenfassung:The present invention relates to the field of confirming trade transactions, and more particularly, to a system and method for confirming trade transactions by transmitting secure electronic envelopes containing trade confirmations via the Internet and/or private network to a customer's e-mail address. The customer then enters a personal password to open an electronic envelope to view the trade confirmation documents contained therein. The present invention relates to a system and method for confirming trade transactions via the Internet and/or private network to e-mail addresses. An encrypted electronic envelope and a trade confirmation document contained therein are transmitted to a customer. The customer provides a personal password to decrypt the electronic envelope to open the envelope and view the trade confirmation document. The method of transmitting the electronic envelope and the trade confirmation document provides the customer a secure and convenient manner to receive the trade confirmation. Further, after the customer has opened and closed the electronic envelope, a return receipt is transmitted back to the trade confirmation system to provide immediate notice to the system that the electronic envelope was opened and closed. The present invention also includes an exception handler subsystem for handling errors associated with the trade confirmation system.