Systems and methods for deposit predictions based upon Monte Carlo analysis
US8275683B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 20, 2009 |
| Grant date | Sep 25, 2012 |
| Priority date | — |
| Expiry date | Aug 6, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Systems and methods may be provided for deposit prediction based upon an example Monte Carlo analysis. The system and methods may include receiving deposit information associated with a plurality of deposits for a deposit account of a financial institution customer, where the deposit information includes a plurality of deposit amounts, and a respective date associated with each of the plurality of deposit amounts; applying a Monte Carlo analysis to at least a portion of the received deposit information; and identifying, based upon the applied Monte Carlo analysis, a largest total monetary amount that can be expected to be deposited within a time interval according to a predetermined confidence level.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.