Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2008-01-01
2008-01-01
Abdi, Kambiz (Department: 3692)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
09923377
ABSTRACT:
The invention is a computer-implemented system and method, and a computer-readable medium for use with computer means, that enables portfolio managers to price, on a risk-adjusted basis, any traded or under written risk vehicle in finance and insurance that has a historically-known or computer-generated probability distribution. More importantly, the invention provides a universal approach to pricing assets and liabilities traded on an exchange or over-the-counter market, or underwritten for direct risk-transfer, even if those assets and liabilities are grouped or segregated, or whose prospective outcomes may alternate between positive or negative values.
REFERENCES:
patent: 6055517 (2000-04-01), Friend et al.
patent: 6061662 (2000-05-01), Makivic
patent: 6360210 (2002-03-01), Wallman
Wang, Shaun, “Insurance pricing and increased limits ratemaking by proportional hazards transforms”, Insurance: Mathematics and Economics. 17 (1995) 43-54. (12 pages).
Wang, Shaun S., “A Class of Distortion Operators for Pricing Financial and Insurance Risks,” Journal of Risk and Insurance, 2000, pp. 15-36, vol. 67, No. 1.
Abdi Kambiz
Drehkoff W. Dennis
Liversedge Jennifer
Vedder, Price, Kaufmann & Kammholz, P.C.
LandOfFree
Computer system and method for pricing financial and... does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Computer system and method for pricing financial and..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Computer system and method for pricing financial and... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-3958761