Abstract: Share of Wallet (“SOW”) is a modeling approach that utilizes various data sources to provide outputs that describe a consumer's spending capability, tradeline history including balance transfers, and balance information. These outputs can be appended to data profiles of customers and prospects and can be utilized to support decisions involving prospecting, new applicant evaluation, and customer management across the lifecycle. The likelihood of default determined by the SOW model, when applied to a loan portfolio, can reduce the amount of credit enhancement required for an asset-backed securities rating.

Abstract: The present invention provides for a system and method for identifying optimal marketing offers in a mass marketing campaign. An optimal offer for a particular prospect at a particular time in the multi-wave campaign is determined. In accordance with one embodiment of the present invention, offer information is initially collected for each of the various offers tagged for potential inclusion into a. Each offer is analyzed to determine its eligibility for inclusion in a marketing campaign to a particular household or individual prospect within a household. A systematic evaluation of eligibility applies a plurality of predetermined criteria to each offer on a household level, a prospect level and an offer level. In this manner, offers failing such criteria may be easily removed from inclusion in the campaign. A net present value (NPV) and a net response rate may be calculated for each eligible offer to identify one or more optimal marketing offers.

Abstract: An automated banking machine system and method includes ATMs which accept checks and dispense cash to users. The ATMs are operated to acquire image and magnetic data from deposited checks to determine the genuineness of checks and the authority of a user to receive cash for such checks. Cash is then dispensed to the user from the ATM in exchange for the deposited check. The ATMs dispense cash responsive to communications with a transaction host. The transaction host provides transaction identifying data to the ATM. The ATM sends the transaction identifying data and check images to an image and transaction data server for processing.

Abstract: A system capable of managing orders of resources so that order quantities of resources for production of products are properly determined with consideration given to various conditions of a person receiving orders. In this system, according to the latest production plan, placed order quantities are corrected based on corrected required quantities for a plurality of periods in “the first predetermined period” and the placed order quantities are modified so as to suppress a fluctuation in the entire order quantity caused by an order quantity fluctuation in the first predetermined period for a plurality of periods in “the second predetermined period.

Abstract: A system, method, software, and portfolios for managing risk in markets relating to a commodity delivered over a network are described, in which a market participant constructs portfolios of preferably liquid price risk instruments in proportions that eliminate the Spatial Price Risk for the market participant's underlying position. Techniques are also disclosed for constructing and evaluating new price risk instruments and other sets of positions, as well as identifying arbitrage opportunities in those markets.

Abstract: To enhance information available to a user, such as a trader, an exemplary embodiment allows users to quickly and easily identify stocks with the highest speed change per unit time and acceleration, or rate of change of speed. More specifically, exemplary aspects at least allow users to visualize for one or more securities: the price speed, which is the percentage change per unit time; the price acceleration, which is the rate of change of price speed; the accumulation speed, which is the percentage change per time unit greater than zero; the accumulation acceleration, which is the rate of change of accumulation speed; the distribution speed, which is the percentage change per unit time less than zero; and the distribution acceleration, which is the rate of change of accumulation speed, all of which can be provided in, for example, a graphical format similar to a “speedometer.

Abstract: An electronic device is configured for use by a user who is a natural person, and has a network port through which the user can access an electronic network. The device can receive through the network port an information request intended for presentation to the user, the information request including a request for an actual identifier associated with the user. The device can respond to the information request in a manner that includes activating within the device a manager portion thereof that facilitates providing the information request with a pseudo identifier in place of the actual identifier.

Abstract: The present invention is directed to a payment system and method for chargeable data that is broadcasted from a remote location. The payment system and method includes a Web site, the remote location (or a broadcasting station), and an end receiver. The Web site is configured to allow for the payment of a limited purchase amount (LPA) and to create and/or provide an encryption code. The LPA specifies an amount of chargeable data that has been purchased. The encryption code specifies the LPA at the time of payment and an authorized receiver associated with the LPA. The end receiver receives and stores the chargeable data broadcasted from the remote location. The end receiver includes an input unit for inputting the encryption code into the end receiver, and it extracts the information specifying the LPA and the authorized receiver from the inputted encryption code. The end receiver then uses an amount of the chargeable data (e.g.

Abstract: A computer system for evaluating multiple loan workout options. Each loan workout option includes at least one scenario. The computer system includes a collection component and a processing component. The collection component collects information relating to a loan from a plurality of internal and external sources. The processing component evaluates the workout options based on the information relating to the loan. The processing component also uses predetermined values obtained from evaluations of empirical data and predefined rules associated the scenario to access risks associated with each of the workout options and to provide at least one recommendation for each workout option to a user.

Abstract: A method and system are disclosed for automatically updating individual conditions associated with a pending conditional financial transaction. As the price of a financial instrument varies, a pending conditional financial transaction may be issued to cause the financial instrument to be bought or sold whenever its price satisfies certain specified conditions. In the field of common stock transactions, the disclosed method automatically updates a pending conditional sell order, called a stop loss order, upon the occurrence of several conditions, such as when the current stop loss order has expired, when the current price of one share of the stock has risen a predetermined percentage above the current stop loss value, or when the total value of all of the shares of the stock has increased beyond a predetermined percentage limit. When a stop loss order is updated, a new stop loss value is calculated based upon the current price and a percentage leeway in the price.

Abstract: A method and a computer program for optimizing the return of an investment portfolio are disclosed. Pre-selected stocks are swapped in function of their inter-related price fluctuations. As soon as a stock rises more than say 15% compared to other stocks, half of it is sold to acquire the cheaper shares. By doing so systematically for all possible stock combinations, the number of shares increase gradually and eventually their values, as compared to a classic buy-and-hold strategy or a global index. The process includes a mechanism that creates and exploits multiple stock combinations, growing sharply with the number of stocks held. A spreadsheet traces actual share-price correlation and manages the portfolio, starting from a buy and hold strategy, applying a buy-low and sell-high tactic, and containing risk through build-in stops. Thereby an adapted stock screening program is provided, enabling to construct a diversified portfolio with correctly priced, good value stocks.

Abstract: A system and method of allocating orders in an exchange configured for trading by a combination of electronic and open-outcry trading mechanisms is provided. One method includes permitting multiple quotes to be disseminated to the market, and providing market making rights of varying degrees to entities having a physical presence on the floor of the exchange and entities remotely located away from the trading floor. The system includes a trade engine configured for receiving orders from market makers on and away from the trading floor. The system also includes executable instructions for allocating to designated primary market makers a portion of an incoming order remaining after first trading against public customer orders.

Abstract: Systems, methods, apparatus, computer program code and means for gathering, organizing and presenting on a real time basis information pertinent to Risks associated with subjects related to the Construction Industry. Risks associated with the Construction Industry can be managed by gathering data relevant to the Construction Industry from multiple sources and aggregating the gathered data according to one or more Risk variables. An inquiry relating to a Risk subject can be received and portions of the aggregated data can be associated with the Risk subject. The associated portions of the aggregated data can be transmitted to an entity placing the inquiry or other designated destination.

Abstract: The systems and methods of the invention are directed to portfolio optimization and related techniques. For example, the invention provides a method for multi-objective portfolio optimization for use in investment decisions based on competing objectives and a plurality of constraints constituting a portfolio problem, the method comprising: generating an initial population of solutions of portfolio allocations; performing a first multi-objective process, based on the initial population and the competing objectives, to generate a first interim efficient frontier; performing a second multi-objective process, based on the initial population and the competing objectives, to generate a second interim efficient frontier; and fusing the first interim efficient frontier with the second interim efficient frontier to create an augmented efficient frontier for use in investment decisioning.

Abstract: A certificate of deposit (“CD”) portfolio system and method to attract institutional investors through dealers to CD issuing small to medium sized community deposit taking institutions. The central entities of the system include a system operator and a system clearing house. The system operator contacts and signs up the institutions to become a part of the system. These institutions are community banks that are too small to individually attract institutional investors. It also contacts and signs up dealers and then unitizes FDIC insured CD's into single investment instrument portfolios which the dealers then market to their institutional investor clientele. The clearing house is in communication with the system operator, the institutions and the dealers to act as an agent facilitating transactions by issuing the CD's, handling funds, settling transactions, and acting as custodian/trustee for all transactions.

Abstract: Method and apparatus for the computer-implemented processing of electronic payment instructions, wherein in a first step total instruction data contained in a payment instruction are analysed in an instruction input processor and separated into payment instruction data which are needed for processing the payment instruction and accounting data which are not needed for processing the payment instruction, the payment instruction data being converted into a uniform metaformat for processing in a subsequent payment processing apparatus (payment engine) and the accounting data being stored temporarily in a data bank together with linkage instructions, in a second step the payment instruction data converted into the metaformat are processed in the subsequent payment processing device, while, for each payee, there is automatically a routing identification and a clearing identification and, depending on the clearing identification, internal preparation of the payment instruction entry, and in a third step the automat

Abstract: A method and apparatus for developing a structural model of credit risk that incorporates the short-term uncertainty inherent in default events is disclosed. The model is based on the assumption of incomplete information, taking as premise that bond investors are not certain about the true level of a firm's value that may trigger default. In addition, the coherent integration of structure and uncertainty is facilitated with compensators. Compensators form the infrastructure of a class of credit models that is broad enough to include traditional structural models, intensity-based models, and a great deal more. Several empirical examples are provided that compare default probabilities and credit yield spreads forecast by the incomplete information model to the output of a Black and Cox (1976) model. It is found that the incomplete information model reacts more quickly and, unlike traditional structural models, forecasts positive short-term credit spreads for firms that are in distress.

Abstract: Methods are disclosed for using computers, computer programs, algorithms and computer networks and communications hardware and protocols to appraise the value of assets as well as protecting asset owners from the risk that other entities will value those assets differently. The methods disclosed include: Supplementing traditional valuation methods with other considerations that may affect the value of intellectual property assets. Using insurance type financial instruments to maintain compliance with regulatory requirements such as those imposed by the Sarbanes Oxley Act, the SEC, or the IRS. Using insurance type financial instruments to protect intellectual property asset owners from the risk that tribunals, regulatory agencies, or other entities will appraise intellectual property assets at a different value.

Abstract: One embodiment of the present invention provides a means of securitization of life settlement contracts using a method of stripping the death benefit asset from the premium liabilities by producing a Stripped Collateralized Life Settlement Obligation. Another embodiment of the present invention provides a means of securitizing life insurance contracts using a method of stripping the death benefit asset from the premium liabilities by producing a Stripped Collateralized Life Insurance Obligation.

Abstract: A method and system for securing card payment transactions using a mobile communication device provides improved security in card payment transactions such as credit and debit card transactions. Upon receipt of a transaction at the card issuer or other service provider, a message is sent to a mobile communication device that has been uniquely associated with the card. The message may be an interactive message requiring response by the card owner for authorization, or may communicate a one-time-use personal identification number (PIN) with required PIN return via the point-of-sales system or the mobile communications device. In each transaction, the card issuer or service provider confirms that the communication was received and the transaction authorized by the card owner, further ensuring the authorized use of the card. The PIN and/or interactive message response period may be voided after a short time, further improving security of the transaction.