Patents by Inventor Alex Daniel Andelman

Alex Daniel Andelman has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Value at risk insights engine
    Patent number: 9336503
    Abstract: A method for risk mitigation comprises calculating on at least one processor, a likelihood of occurrence for a risk event, a degree of disruption for the risk event and a disruption time for the risk event. Each risk event is in a list of risk events. The likelihood of occurrence is based on a frequency of risk of the risk event. The degree of disruption is based on a severity of risk of the risk event. The disruption time is based on a duration of restoring an asset to a condition prior to the risk event. A value at risk based on the likelihood of occurrence, the degree of disruption and the disruption time is determined for the risk event. A mitigation action is determined to reduce the value at risk. An indication of the mitigating action is presented on a user interface.
    Type: Grant
    Filed: July 22, 2013
    Date of Patent: May 10, 2016
    Assignee: Wal-Mart Stores, Inc.
    Inventor: Alex Daniel Andelman
  • VALUE AT RISK INSIGHTS ENGINE
    Publication number: 20150025933
    Abstract: A method for risk mitigation comprises calculating on at least one processor, a likelihood of occurrence for a risk event, a degree of disruption for the risk event and a disruption time for the risk event. Each risk event is in a list of risk events. The likelihood of occurrence is based on a frequency of risk of the risk event. The degree of disruption is based on a severity of risk of the risk event. The disruption time is based on a duration of restoring an asset to a condition prior to the risk event. A value at risk based on the likelihood of occurrence, the degree of disruption and the disruption time is determined for the risk event. A mitigation action is determined to reduce the value at risk. An indication of the mitigating action is presented on a user interface.
    Type: Application
    Filed: July 22, 2013
    Publication date: January 22, 2015
    Inventor: Alex Daniel Andelman