Method and system for modeling future action impact in credit scoring
US7970676B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Aug 1, 2007 |
| Grant date | Jun 28, 2011 |
| Priority date | — |
| Expiry date | Jun 15, 2028 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and system for predicting impact of future actions on subsequent performance involves developing a prediction model that predicts a statistical interaction of performance expectation with likely behavior. In one embodiment, sensitivity to new, post-scoring date credit behaviors in the analytic solution greatly improves snapshot score predictions. The modeling approach involves multiple snapshots: predictive and performance snapshots, plus an intermediate snapshot shortly after the predictive snapshot to quantify interim behavior. Predictive interaction variables are calculated on the predictive data using simulated profiles before and after an action.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.