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requirements:use-cases:use-case-asset-financing

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requirements:use-cases:use-case-asset-financing [2016/11/01 14:35]
Jeremy Sevareid created - migration from legacy github wiki
requirements:use-cases:use-case-asset-financing [2016/11/01 22:21] (current)
Jeremy Sevareid Amended formatting and TBDs
Line 1: Line 1:
-FIXME+// TBD - Assertions need explanation and references. E.g., what is being financed? Is word choice of should/​always/​must deliberate? //
  
-Asset Financing ​- Assets should always be owned by their actual owners, and asset owners must be able to allow third-party professionals to manage their assets without having to pass legal ownership of assets to third parties (such as nominee or street name entities). If issuers need to send messages or payments to asset owners (for example, listed share holders), issuers send them directly to asset owners. Third-party asset managers and/or custodians can always buy, sell, and lend assets on behalf of their owners. Under this arrangement,​ asset custodians can focus on providing value-add services to shareowners,​ without worrying about asset ownership duties such as managing and redirecting payments from issuers to shareowners.+====== Use Case - Asset Financing ​======
  
-* Auctions: Multi-party computation. If you didn’t win - than you don’t get the asset. You need to bid the most to win.+Assumptions
  
-* Reputation (ratings, credit, past performance) All sorts of ratings, from credit ratings to history of performance (for example trading models for hedge funds, signal providers). Various parties can pull the public data.+  * **Assets** should always be owned by their actual owners. 
 +  * **Asset owners** must be able to allow third-party professionals to manage their assets without having to pass legal ownership of assets to third parties (such as nominee or street name entities). 
 +  * If **issuers** need to send messages or payments to asset owners (for example, listed share holders), issuers send them directly to asset owners. 
 +  * Third-party asset managers and/or **custodians** can always buy, sell, and lend assets on behalf of the assets'​ owner(s).  
 +  * Under this arrangement,​ asset custodians can focus on providing value-add services to share owners, without worrying about asset ownership duties such as managing and redirecting payments from issuers to share owners. 
 + 
 +  * **Auctions** 
 +      * Multi-party computation - If you didn’t win, then you don’t get the asset. You need to bid the most to win. 
 + 
 +  * **Reputation** (ratings, credit, past performance) 
 +      * All sorts of ratings, from credit ratings to history of performance (for example trading models for hedge funds, signal providers). 
 +      * Various parties can pull the public data.
requirements/use-cases/use-case-asset-financing.txt · Last modified: 2016/11/01 22:21 by Jeremy Sevareid