Systems and methods for simulating a risk model over time

US11928633B2 · kind B2 · utility

Assignee

• MCKINSEY & COMPANY, INC. · US

Inventors

• Scott Jeffrey Schwaitzberg · New York, US
• Erik Roth · Shanghai, CN
• Matthew John Banholzer · Kenilworth, US
• Marcin Chyczewski · Wrocław, PL
• Dushyant Agarwal · Gothan, IN

Key dates

• Filing date: Apr 1, 2022
• Grant date: Mar 12, 2024
• Expiry date: Apr 1, 2042

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q10/06375
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Techniques for a modeling platform associated with simulating risk models. According to certain aspects, systems and methods include simulating the risk model over time. The risk model may include a hierarchical tree formed of component assumption objects associated with distribution functions. The systems and methods may apply a time function to generate time-adjusted values for the component assumption objects corresponding to defined distribution functions. The systems and methods may then combine the time-adjusted values to generate time-adjusted values for parent assumption objects.