Patent ID: 8694427
Filing Date: 2014-04-08
Classification: G06Q

Abstract:
1. A computer-implemented method for maintaining a pre-defined score distribution for a plurality of financial transactions, the method comprising: defining a plurality of memory spaces for a memory structure; receiving transaction data for the plurality of financial transactions scoring each of the plurality of financial transactions based on the transaction data to generate a batch of scores for the plurality of financial transactions; dividing a score range into k bins, each of the k bins representing one memory space of the plurality of memory spaces of the memory structure; storing a count of each score of the batch of scores in an associated memory space of the plurality of memory spaces; computing a percentile for each score in the batch of scores based on a set of values associated with the count of each score; receiving new transaction data for a new financial transaction; scoring each new financial transaction based on the new transaction data to generate a new score; assigning a new percentile to the new score according to the set of values for computing the percentile for each score in the batch of scores; and translating, by the computer, the percentile of the new score to a calibration score with fixed percentile characteristics according to a fixed reference curve.