Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance
Reexamination Certificate
2004-10-01
2010-06-29
Kazimi, Hani (Department: 3691)
Data processing: financial, business practice, management, or co
Automated electrical financial or business practice or...
Finance
Reexamination Certificate
active
07747518
ABSTRACT:
Apparatus (method implemented with a machine, the machine, and the method for making the machine, and products produced thereby) for controlling a system of managing cash flows for a transaction, the apparatus including: data processing means arranged for receiving information into memory, said information including respective descriptions of risks, statistical assumptions for said risks, and financial assumptions for said risks, the data processing means further including: calculating means, responsive to said descriptions and said assumptions, for calculating expected cash flows corresponding to said risks for time periods; accounting means for determining, responsive to actual cash flow information from occurrence of events corresponding to said risks, for a first party to the transaction owing the expected cash flows to a second party to the transaction, and for determining, for the second party owing the actual cash flows to the first party, a net settlement, for each of said time periods, between the parties in the transaction, to manage the actual cash flows and the expected cash flows.
REFERENCES:
patent: 4837693 (1989-06-01), Schotz
patent: 4839804 (1989-06-01), Roberts et al.
patent: 4969094 (1990-11-01), Halley et al.
patent: 5083270 (1992-01-01), Gross et al.
patent: 5136502 (1992-08-01), Van Remortel et al.
patent: 5590037 (1996-12-01), Ryan et al.
patent: 5592379 (1997-01-01), Finfrock et al.
patent: 5754980 (1998-05-01), Anderson et al.
patent: 5806042 (1998-09-01), Kelly et al.
patent: 5812988 (1998-09-01), Sandretto
patent: 5884274 (1999-03-01), Walker et al.
patent: 5907828 (1999-05-01), Meyer et al.
patent: 5913198 (1999-06-01), Banks
patent: 5926800 (1999-07-01), Baronowski et al.
patent: 5970479 (1999-10-01), Shepherd
patent: 5974390 (1999-10-01), Ross
patent: 6026364 (2000-02-01), Whitworth
patent: 6049772 (2000-04-01), Payne et al.
patent: 6076074 (2000-06-01), Cotton et al.
patent: 6138102 (2000-10-01), Hinckley, Jr.
patent: 6154730 (2000-11-01), Adams et al.
patent: 6304858 (2001-10-01), Mosler et al.
patent: 6321212 (2001-11-01), Lange
patent: 6330541 (2001-12-01), Meyer et al.
patent: 6393405 (2002-05-01), Vicente
patent: 6456979 (2002-09-01), Flagg
patent: 6604080 (2003-08-01), Kern
patent: 6999935 (2006-02-01), Parankirinathan
patent: 7024386 (2006-04-01), Mills et al.
patent: 7558757 (2009-07-01), Conroy et al.
patent: 2001/0047325 (2001-11-01), Livingston
patent: 2002/0046143 (2002-04-01), Eder
patent: 2002/0133448 (2002-09-01), McGarry et al.
patent: 2002/0147670 (2002-10-01), Lange
patent: 2002/0156658 (2002-10-01), Selesny et al.
patent: 2002/0178111 (2002-11-01), Woodley
patent: 2003/0074232 (2003-04-01), Lee
patent: 2003/0083972 (2003-05-01), Williams
patent: 2003/0083975 (2003-05-01), O'Grady et al.
patent: 2003/0088430 (2003-05-01), Ruark
patent: 2003/0093304 (2003-05-01), Keller et al.
patent: 2003/0093354 (2003-05-01), Marshall
patent: 2003/0115128 (2003-06-01), Lange et al.
patent: 2003/0144888 (2003-07-01), Baron et al.
patent: 2003/0144947 (2003-07-01), Payne
patent: 2003/0204462 (2003-10-01), Eisler
patent: 2003/0208385 (2003-11-01), Zander et al.
patent: 2004/0010426 (2004-01-01), Berdou
patent: 2004/0024692 (2004-02-01), Turbeville et al.
patent: 2004/0030589 (2004-02-01), Leisher et al.
patent: 2004/0088201 (2004-05-01), Lang
patent: 2004/0167812 (2004-08-01), Haney, II
patent: 2004/0177021 (2004-09-01), Carlson et al.
patent: 2004/0177022 (2004-09-01), Williams et al.
patent: 2004/0181436 (2004-09-01), Lange
patent: 2005/0027645 (2005-02-01), Lui et al.
patent: 2005/0044034 (2005-02-01), Perry et al.
patent: 2005/0055250 (2005-03-01), Kopold et al.
patent: 2005/0060209 (2005-03-01), Hill et al.
patent: 2005/0071204 (2005-03-01), Parankirinathan
patent: 2005/0080653 (2005-04-01), Stemple
patent: 2005/0119919 (2005-06-01), Eder
patent: 2005/0182670 (2005-08-01), Burgess
patent: 2005/0261943 (2005-11-01), Quarterman et al.
patent: 2005/0267785 (2005-12-01), Parankirinathan
patent: 2005/0278198 (2005-12-01), Huxol et al.
patent: 2004284764 (2009-07-01), None
patent: 0 978 795 (1999-07-01), None
patent: 2004/110418 (2004-04-01), None
patent: 02/65248 (2002-02-01), None
patent: 2004/013794 (2004-02-01), None
Greenbaum et al.: Swap it! Variable M&E revenue for fixedM&E revenue, Feb. 2002, Society of Actuaries, No. 38, pp. 21-23.
Committee on Payment and Settlement Systems of the central bank of the Grup of Ten countries: Real-Time Gross Settlement Systems, Mar. 1997, Bank for International Settlement , pp. 1-66.
Amendment and Response for U.S. Appl. No. 11/847,241, filed Feb. 10, 2010. pp. 1-7.
Office Action for U.S. Appl. No. 11/847,241, mailed Aug. 19, 2009. pp. 1-20.
Office Action for Japanese Patent Application No. 535541/2006, mailed on Jan. 12, 2010. pp. 1-6.
“Notice of Grounds Rejection” for Japanese Patent Application No. 535541/2006, mailed on Dec. 8, 2009. pp. 1-5.
Canadian Office Action for Application No. 2,542,699, mailed Dec. 1, 2008. pp. 1-5.
Canadian Office Action for Application No. 2,542,699, mailed Apr. 1, 2008. pp. 1-3.
Canadian Office Action for Application No. 2,542,699, mailed Aug. 2, 2007. pp. 1-4.
Response to Canadian Office Action for Application No. 2,542,699, filed Feb. 4, 2008. pp. 1-46.
Response to Canadian Office Action for Application No. 2,542,699, filed Oct. 1, 2008. pp. 1-24.
Australian Office Action for Application No. 2004284764, mailed Aug. 30, 2007. pp. 1-3.
European Office Action for Application No. 04794112.5, mailed Jul. 23, 2007. pp. 1-5.
European Office Action for Application No. 04794112.5, mailed Jan. 18, 2007. pp. 1-3.
Response to Official Action for European Patent Application No. 04794112.5, filed Feb. 6, 2009. pp. 1-4.
Supplemental Response to Official Action for European Patent Application No. 04794112.5, filed Feb. 5, 2007. pp. 1-18.
Response to Official Action for European Patent Application No. 04794112.5, filed May 16, 2007. pp. 1-3.
Office Action for U.S. Appl. No. 10/687,063, mailed Jun. 16, 2008.
Office Action for U.S. Appl. No. 10/687,063, mailed Sep. 17, 2007.
Amendment and Response for U.S. Appl. No. 10/687,063, filed Sep. 9, 2008.
Specification and claims for U.S. Appl. No. 11/847,241, filed Aug. 29, 2007. pp. 1-17.
Gorvett R. W. “Insurance Securitization: The Development of a New Asset Class”; 1999 Casualty Actuarial Society “Securitization of Risk” Discussion Paper Program. pp. 1-40.
“Swiss Re obtains USD 255 million of catastrophic protection from innovative securitization structure”; Jul. 18, 2002 CET. pp. 1.
PCT International Search Report for PCT/US04/32640, filed Oct. 1, 2004. pp. 1-2.
PCT Written Opinion of the International Searching Authority for PCT/US04/32640, filed Oct. 1, 2004. pp. 1-4.
Japanese translation for “Notice of Grounds Rejection” for Japanese Patent Application No. 535541/2006, mailed on Dec. 8, 2009. pp. 1-3.
Notice of Allowance and Fee(s) Due for U.S. Appl. No. 10/687,063, mailed on May 8, 2009. pp. 1-148.
File History for U.S. Appl. No. 10/743,201.
File History for U.S. Appl. No. 60/507,170.
File History for U.S. Appl. No. 11/197,251.
“Office Action” for Canadian Patent Application No. 2,542,699, mailed on Oct. 1, 2009. pp. 1-4.
“Response to Official Action” for Canadian Patent Application Serial No. 2,542,699, filed on Mar. 31, 2010. pp. 1-4.
Caballero Crispina O.
Conroy Thomas F.
Eisenberg Steven A.
Holland Brian G.
Kraysler Stephen F.
Kazimi Hani
Mann Conroy Eisenberg & Associates
Shrestha Bijendra K
Trzyna, Esq. Peter K.
LandOfFree
Computer system for controlling a system of managing... 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 for controlling a system of managing..., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Computer system for controlling a system of managing... will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-4154744