Determining leading indicators

US8423454B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Jie Chen · Schaumburg, US
• Timothy J. Breault · Charlotte, US
• Fernando Cela Diaz · New York, US
• William Anthony Nobili · Charlotte, US
• Sandi Setiawan · Charlotte, US
• Harsh Singhal · Sunnyvale, US
• Agus Sudjianto · Charlotte, US
• Andrea Renee Turner · Rock Hill, US
• Bradford Timothy Winkelman · Wilmington, US

Key dates

• Filing date: Jan 6, 2012
• Grant date: Apr 16, 2013
• Expiry date: Jan 6, 2032

Classification

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

Abstract

Embodiments of the present invention relate to methods and apparatuses for determining leading indicators and/or for modeling one or more time series. For example, in some embodiments, a method is provided that includes: (a) receiving first data indicating the value of a total income amount for a plurality of consumers over a period of time; (b) receiving second data indicating the value of a total debt amount for a plurality of consumers over a period of time; (c) selecting a consumer leverage time series that compares the total income amount to the total debt amount over a period of time; (d) modeling the consumer leverage time series based at least partially on the first and second data; (e) determining, using a processor, the value of the cycle component for a particular time; and (f) outputting an indication of the value of the cycle component for the particular time.