Economic intelligence

US8306894B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Kurt D. Newman · Matthews, US
• Debashis Ghosh · Charlotte, US
• David Joa · Irvine, US
• Tim Bendel · Charlotte, US
• Mark V. Krein · Charlotte, US
• Aaron Lai · Alameda, US

Key dates

• Filing date: Apr 27, 2009
• Grant date: Nov 6, 2012
• Expiry date: Dec 2, 2030

Classification

• Technology area (CPC G): Physics
• CPC primary: G06Q40/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Aspects of the invention provide for the use of transactional data in the calculation of sub-scores that may be used in an index score. The sub-scores may include an account sub-score, an investment sub-score, and/or a discretionary sub-score. One or more sub-scores that represent an individual, an entity, or an economic sector may be used to create an index. Further aspects relate to calculating novel indices that more accurately represent and/or predict economic conditions.