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 8):
A computer implemented method of collateralizing counterparty credit risk, the method comprising:\n receiving as input, by at least one computing device, data defining at least one financial portfolio, the at least one financial portfolio comprising at least one financial product, said computing device comprising memory and at least one processor executing computer-readable instructions; mapping, by the at least one computing device, the at least one financial product to at least one risk factor; executing, by the at least one computing device, a risk factor simulation process involving the at least one risk factor, said risk factor simulation process comprising a filtered historical simulation process; generating, by the at least one computing device, product profit and loss values for the at least one financial product based on output from the risk factor simulation process; generating, by the at least one computing device, portfolio profit and loss values for the at least one financial portfolio based on the product profit and loss values; and determining, by the at least one computing device, an initial margin for the at least one financial portfolio based on the portfolio profit and loss values.

Metadata:
- Claim Count in Document: 4.0
- Percentile: 95.0
- Lexical Diversity: 2.0625
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['14303941', '15001997', '13361607', '14706673', '12840885']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1171308842405945
- 35 USC 102 Novelty (BERT): 0.5998025442466888
- Combined Prediction Score: 0.165398050241204
- Mean Citation Score: 308.8221640000001
- Max Citation Score: 567.70465
- Similarity Product: 462.3351576247007

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