Risk stripping system and method
US7398242B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Jun 25, 2001 |
| Grant date | Jul 8, 2008 |
| Priority date | — |
| Expiry date | Aug 21, 2024 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/128
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method is provided for managing risk associated with at least one financial transaction wherein each of the at least one financial transactions having at least a first risk factor and a second risk factor. The method includes a first step of receiving one of the at least one financial transactions. Next, in a second step, the first risk factor is transferred to a first risk book. The second risk factor is then transferred to a second risk book, in a third step. Next, in a fourth step, another of the at least one financial transactions is received. Finally, the second through fourth steps are repeated for each of the at least one financial transactions.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.