Patent · US Active

Computer runtime optimization for system supporting asset-level bids on a portfolio with maximum and minimum constraints

US10127609B2 · kind B2 · utility

0Cited by
5References
20Claims
0Family size

Assignee

Inventors

Key dates

Filing dateSep 29, 2015
Grant dateNov 13, 2018
Priority date
Expiry dateFeb 20, 2037

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q40/06
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

An Optimization Server reduces M×N iteration space using various techniques to enhance computer performance by improving computer runtime and memory usage. The Optimization Server determines an aggregate combination of bids that results in high proceeds on individual assets of a portfolio subject to minimum and maximum constraints imposed by a bidder across a plurality of individual asset bids. The Optimization Server stores in a memory a portfolio array including M number of elements. Each portfolio array element corresponds to a bid array of bids on the plurality of individual assets of the portfolio. Each bid array includes N number of elements and each bid array element corresponds to a bid amount on one of the plurality of individual assets in the portfolio. The bid array also includes a corresponding minimum constraint and a corresponding maximum constraint across all of the individual asset-level bids placed on the portfolio.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.