Patent ID: 11861731
Assignee: CERNER INNOVATION, INC.
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 9:
10. A computerized method comprising:
determining a time series for a set of applicant credit utilization data;
determining an entropy of the time series;
determining a frequency domain power spectrum based on the time series, wherein determining the frequency domain power spectrum based on the time series comprises determining a Bayesian power spectrum;
determining rank-ordered values for a spectrum likelihood measure based at least in part on the frequency domain power spectrum;
scaling the values of the spectrum likelihood measure to produce a power spectrum weight value for an applicant;
generating a composite risk score for the applicant by combining the power spectrum weight values with an actuarial model basis characteristic;
determining a resultant insurance risk category based at least in part on the composite risk score; and
storing the resultant insurance risk category in an operational data store.