PATENT CLAIM ANALYSIS

Application Number: 16039426
Application Type: Utility
Filing Date: 2018-07
Publication Date: 2018-11
Patent Classification: ["705", "035000"]

Abstract:
Embodiments include systems and methods for initiating and completing transactions related to actively managed exchange traded funds (AMETFs). In some embodiments, the identities of securities in a first set of securities are publicly disclosed, and a valuation for the first set of securities is generated based on a second set of securities. In some embodiments, the second set of securities may have the same identities as those of the first set of securities. In some embodiments, the second set of securities has weightings configured such that the second set of securities overlaps the first set of securities by a threshold amount. In some embodiments, the second set of securities includes a disclosed basket of products that make up a portfolio but that disguises weightings. Transactions may be initiated and completed based on the valuation of the first set of securities as determined by the second set of securities.

Claim (Index 10):
A computer-implemented method for improved initiation of transactions in a first set of securities comprising:\n publicly disclosing, by a first computer system, a first set of identities associated with the first set of securities, the first set of securities further comprising a first set of weightings not publicly disclosed, wherein the first computer system has non-transitory memory storing computer software and at least one processor executing the computer software; determining, by a second computer system, a second set of securities, based on the public disclosure of the first set of identities, wherein the second set of securities comprises a second set of identities and a second set of weightings, wherein the second computer system has non-transitory memory storing computer software and at least one processor executing the computer software, and the second computer system is communicatively coupled to the first computer system; generating, by the second computer system, a valuation for the first set of securities based on the determined second set of securities, said generation further comprising applying prices corresponding to the second set of identities received from a quote feed associated with the second set of identities in accordance with respective weightings of the second set of identities as indicated by the second set of weightings; automatically initiating, by the second computer system, at least one transaction on the first computer system related to the first set of securities based on the generated valuation, completing, by the first computer system, at least one transaction involving one or more securities in the first set of securities in response to the at least one initiated transaction.

Metadata:
- Claim Count in Document: 44.0
- Percentile: 95.0
- Lexical Diversity: 2.36765
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['10753069', '12198003', '12255518', '11141243', '12538421']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1729591729176332
- 35 USC 102 Novelty (BERT): 0.5889757964949991
- Combined Prediction Score: 0.2145608352753698
- Mean Citation Score: 499.79123
- Max Citation Score: 594.064
- Similarity Product: 424.58571052837374

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

Dataset: test