Patent ID: 8370241
Filing Date: 2013-02-05
Classification: G06N,G06Q

Abstract:
1. A computer-assisted method for evaluating a financial credit model, the method comprising: receiving, by a computer device, data describing a financial model, wherein the financial model is a credit model describing a distribution of a first financial variable representing a default probability of a credit instrument, and wherein the computer device comprises a processor and operatively associated memory; processing, by a computer device, the data describing the financial model to represent the financial model in a Bayesian network, wherein the processing comprises: setting, by the computer device, an evidence value for at least the second financial variable, wherein the evidence value represents at least one quantity selected from the group consisting of equality data and inequality data corresponding to the probability distribution associated with the second financial variable, and in response, inferring a conditional probability distribution function of at least the first financial variable.