Patents Assigned to Axiom Software Laboratories, Inc.
  • System and method for determining value at risk of a financial portfolio
    Patent number: 6085175
    Abstract: The present invention provides a system and method for accurately estimating value-at-risk (VAR) of a financial portfolio. The present invention analyzes a distribution of sorted financial data samples to determine an accurate range of upper and lower limits of an expected value of VAR so that an analyst or another financial analysis system may select an appropriate VAR value from the range presented.
    Type: Grant
    Filed: July 2, 1998
    Date of Patent: July 4, 2000
    Assignee: Axiom Software Laboratories, Inc.
    Inventors: Leon G. Gugel, Alexander Tsigutkin