PATENT CLAIM ANALYSIS

Application Number: 15889657
Application Type: Utility
Filing Date: 2018-02
Publication Date: 2018-06
Patent Classification: ["705", "004000"]

Abstract:
The present invention relates to a method for hedging a deferred compensation liability. In one embodiment, the invention may provide a mechanism to hedge the compensation expense liabilities of an employer providing deferred compensation to one or more employees.

Claim (Index 1):
A method of finance implemented on a computer system utilizing a software program, comprising:\n recording, by the computer system through a first software program, information relating to a total return swap between a party sponsoring a non-qualified deferred compensation plan and a counterparty, in hedging a deferred compensation liability associated with the non-qualified deferred compensation plan; receiving, by the computer system through a second software program, based at least in part on a selection by a participant of the non-qualified deferred compensation plan, a notional investment allocation of deferred compensation attributable to the participant; recording, by the computer system through a third software program, the notional investment allocation of deferred compensation attributable to the participant; recording, by the computer system through a fourth software program, deferred compensation information attributable to the participant; calculating, by the computer system through a fifth software program, based, in part, on the selected notional investment allocation and the deferred compensation information, from the recorded information about the total return swap, a total return to track the selected notional investment allocation; receiving, by the computer system through a sixth software program, from the counterparty to the party sponsoring the non-qualified deferred compensation plan the calculated total return that tracks the selected notional investment allocation.

Metadata:
- Claim Count in Document: 3.0
- Percentile: 88.0
- Lexical Diversity: 1.35484
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['10752213', '14943148', '13355071', '11056331', '13271800']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.098922823949487
- 35 USC 102 Novelty (BERT): 0.5599992034420677
- Combined Prediction Score: 0.1450304618987451
- Mean Citation Score: 285.071688
- Max Citation Score: 430.00388
- Similarity Product: 364.1592078080749

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

Dataset: test