Patents by Inventor George Robert Hood

George Robert Hood 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).

  • Tax adjustment for financial processing in a relational database management system
    Patent number: 7512554
    Abstract: A financial processing system that accesses account, event and organization attributes from a relational database management database, wherein: (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status. Profitability calculations are performed in the computer using the account, event and organization attributes accessed from the relational database management system, as well as one or more profit factors and one or more rules. The profitability calculations comprise the following: Profit (ai) = Net Interest Revenue (NIR) (ai) + Other Revenue (OR) (ai) ? Direct Expense (DE) (ai) ? Indirect Expense (IE) (ai) ? Risk Provision (RP) (ai) for an account ai.
    Type: Grant
    Filed: April 30, 2001
    Date of Patent: March 31, 2009
    Assignee: Teradata US, Inc.
    Inventor: George Robert Hood
  • Risk provision implementation financial processing in a relational database management system
    Patent number: 7409365
    Abstract: A financial processing system that accesses account, event and organization attributes from a relational database management database, wherein: (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status. Profitability calculations are performed using the account, event and organization attributes accessed from the relational database management system, as well as one or more profit factors and one or more rules. The profitability calculations include the following: Profit=Net Interest Revenue (NIR) +Other Revenue (OR) ?Direct Expense (DE) ?Indirect Expense (IE) ?Risk Provision (RP) In this calculation, the Risk Provision (RP) comprises an expected future loss that arises from one or more risk factors.
    Type: Grant
    Filed: June 29, 2000
    Date of Patent: August 5, 2008
    Assignee: Teradata, US Inc.
    Inventor: George Robert Hood
  • Other revenue implementation for financial processing in a relational database management system
    Patent number: 7349874
    Abstract: A financial processing system that accesses account, event and organization attributes from a relational database management database, wherein: (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status. Profitability calculations are performed using the account, event and organization attributes accessed from the relational database management system, as well as one or more profit factors and one or more rules.
    Type: Grant
    Filed: June 29, 2000
    Date of Patent: March 25, 2008
    Assignee: MCR Corp.
    Inventor: George Robert Hood
  • Basic and intermediate net interest revenue implementations for financial processing in a relational database management system
    Patent number: 7349875
    Abstract: A financial processing system that accesses account, event and organization attributes from a relational database management database, wherein: (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status. Profitability calculations are performed using the account, event and organization attributes accessed from the relational database management system, as well as one or more profit factors and one or more rules. The profitability calculations include the following: Profit = Net Interest Revenue (NIR) + Other Revenue (OR) ? Direct Expense (DE) ? Indirect Expense (IE) ? Risk Provision (RP) In this calculation, the Net Interest Revenue (NIR) comprises: NIR = Interest Revenue ? Cost of Funds + Value of Funds ? Interest Expense.
    Type: Grant
    Filed: June 29, 2000
    Date of Patent: March 25, 2008
    Assignee: NCR Corp.
    Inventors: George Robert Hood, Paul H. Phibbs, Jr.
  • Advanced and breakthrough net interest revenue implementation for financial processing in a relational database management system
    Patent number: 7343332
    Abstract: A financial processing system that accesses account, event and organization attributes from a relational database management database, wherein: (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status. Profitability calculations are performed using the account, event and organization attributes accessed from the relational database management system, as well as one or more profit factors and one or more rules. The profitability calculations include the following: Profit = Net Interest Revenue (NIR) + Other Revenue (OR) ? Direct Expense (DE) ? Indirect Expense (IE) ? Risk Provision (RP) In this calculation, the Net Income Revenue (NIR) comprises: NIR = Interest Revenue ? Cost of Funds + Value of Funds ? Interest Expense.
    Type: Grant
    Filed: June 29, 2000
    Date of Patent: March 11, 2008
    Assignee: NCR Corp.
    Inventors: George Robert Hood, Paul H. Phibbs, Jr.
  • Shareholder value add for financial processing in a relational database management system
    Patent number: 7337134
    Abstract: A financial processing system that accesses account, event and organization attributes from a relational database management database, wherein: (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status. Profitability calculations are performed in the computer using the account, event and organization attributes accessed from the relational database management system, as well as one or more profit factors and one or more rules. The profitability calculations comprise the following: Profit (ai) = Net Interest Revenue (NIR) (ai) + Other Revenue (OR) (ai) ? Direct Expense (DE) (ai) ? Indirect Expense (IE) (ai) ? Risk Provision (RP) (ai) for an account ai.
    Type: Grant
    Filed: April 30, 2001
    Date of Patent: February 26, 2008
    Assignee: Teradata Corp.
    Inventor: George Robert Hood
  • Amortization for financial processing in a relational database management system
    Patent number: 7308427
    Abstract: A financial processing system that accesses account, event and organization attributes from a relational database management database, wherein: (1) the account attributes comprise data about accounts being measured, (2) the event attributes comprise data about account-related transactions, and (3) the organization attributes comprise data about the organization's financial status. Profitability calculations are performed in the computer using the account, event and organization attributes accessed from the relational database management system, as well as one or more profit factors and one or more rules. The profitability calculations comprise the following: Profit (ai) = Net Interest Revenue (NIR) (ai) + Other Revenue (OR) (ai) ? Direct Expense (DE) (ai) ? Indirect Expense (IE) (ai) ? Risk Provision (RP) (ai) for an account ai.
    Type: Grant
    Filed: April 30, 2001
    Date of Patent: December 11, 2007
    Assignee: NCR Corp.
    Inventor: George Robert Hood