Patent ID: 7369999
Filing Date: 2008-05-06
Classification: G06Q

Abstract:
1. A method comprising: assembling a plurality of data elements descriptive of risk characteristics of a designated customer, wherein at least one data element is descriptive of risk characteristics determined by a government, and wherein the assembled data elements comprises at least ten data elements selected from the group consisting of physical country, total employees, employees here, primary SIC, local activity code, control year, incorporation year, site ownership, history indicator, import indicator, export indicator, count of independent proofs of identity, total trade payments, high credit, average credit, secured filings indicator, suits/judgments indicator, claims indicator or liens, annual sales volume, PAYDEX score, statement date, financial embarrassment indicator, other special event, operating special event, criminal activity, disaster special event, financial/legal special event, debarments count, headquarters country code, parent country code, domestic ultimate country code, global ultimate country code, out-of-business indicator, severe risk indicator, and one or more data elements each indicating a presence or absence on a government control list; weighting a selected plurality of the assembled data elements with a weight relative to a risk indicated by values of the assembled data elements; and combining the weighted data elements into one or more indices representative of a know-your-customer risk of the designated customer, wherein the assembled data elements and the weights are selected so that the one or more indices are representative of United States Patriot Act compliance risk.