PATENT CLAIM ANALYSIS

Application Number: 16046190
Application Type: Utility
Filing Date: 2018-07
Publication Date: 2018-12
Patent Classification: ["705", "03600R"]

Abstract:
An exemplary system according to the present disclosure comprises a computing device that in operation, causes the system to receive financial product or financial portfolio data, map the financial product to a risk factor, execute a risk factor simulation process involving the risk factor, generate product profit and loss values for the financial product or portfolio profit and loss values for the financial portfolio based on the risk factor simulation process, and determine an initial margin for the financial product. The risk factor simulation process can be a filtered historical simulation process.

Claim (Index 22):
The system of  claim 21 , wherein the historical pricing data comprises pricing data of the at least one risk factor over a period of at least one-thousand (1,000) days, said at least one computing device executing computer-readable instructions that, when executed, cause the system to:\n calculate, via said pricing model, one-thousand forecasted prices, each based on the normalized pricing data pertaining to a respective one of the one-thousand days; determine a product profit or loss value associated with each of the one-thousand forecasted prices by comparing each of the one-thousand forecasted prices to a current settlement price of the at least one financial product; sort the product profit and loss values associated with each of the one-thousand forecasted prices from most profitable to least profitable or vice versa; and identify a tenth least profitable product profit or loss value, wherein said tenth least profitable product profit or loss value represents the initial margin, and wherein said tenth least profitable product profit or loss value represents a ninety-nine percent confidence level.

Metadata:
- Claim Count in Document: 4.0
- Percentile: 95.0
- Lexical Diversity: 2.0625
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['14303941', '15001997', '13361607', '14706673', '12840885']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1254696400581298
- 35 USC 102 Novelty (BERT): 0.6267311292149005
- Combined Prediction Score: 0.1755957889738069
- Mean Citation Score: 308.8221640000001
- Max Citation Score: 567.70465
- Similarity Product: 559.7301891745835

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 0

Dataset: test