Patent ID: 7610257
Filing Date: 2009-10-27
Classification: G06Q

Abstract:
1. A computer-implemented system for evaluating risks associated with alternative strategies for assessing an entity with respect to a predetermined objective, comprising: an action table; wherein the action table contains a plurality of possible actions that can be taken with respect to the predetermined objective for various entity profiles; wherein the action table contains an action for each entity profile; one or more statistical data stores that are configured to contain risk amounts associated with each entity profile; wherein the one or more statistical data stores are configured to contain inferred percentage distribution of applicants associated with each entity profile; one or more profile identification data stores; wherein a profile identification data store contains entity identification information for use in determining an action for the entity; wherein an action is determined for the entity by comparing characteristics associated with the entity with characteristics associated with the entity profiles contained in the action table; one or more improvement data stores; wherein an improvement data store provides an indication in the improvement in risk based upon a change in one or more characteristics for an entity profile; one or more protected class data stores; wherein a protected class data store provides an indication of the impact of a policy change on a particular protected class, both with respect to the approval, collection, or promotion decision and relative to one or more characteristics, or combinations of characteristics, for an entity profile.