Patents by Inventor Jeyaraj Vadiveloo

Jeyaraj Vadiveloo 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).

  • Method and system for evaluating insurance liabilities using stochastic modeling and sampling techniques
    Patent number: 8131571
    Abstract: In computer-implemented methods and systems for estimating financial modeling outcomes, financial data segmented into a number (x) of classes and scenario data for a set of model scenarios are processed to obtain an estimated model outcome distribution. The class segments are mutually exclusive and collectively exhaustive of the financial data. Multiple model tests are performed with samples of the financial data until a cumulative model outcome distribution is within a pre-determined acceptable tolerance limit from a distribution of fully assessed model outcomes obtainable by performing a single test of the scenarios using all of the financial data. The number (x) of classes, the sample size (z), and a number (y) of times that the tests are performed ensure that the cumulative model outcome distribution is within the pre-determined acceptable tolerance limit from the distribution of fully assessed model outcomes.
    Type: Grant
    Filed: September 23, 2009
    Date of Patent: March 6, 2012
    Assignee: Watson Wyatt & Company
    Inventor: Jeyaraj Vadiveloo
  • Method and system for evaluating insurance liabilities using stochastic modeling and sampling techniques
    Patent number: 8126747
    Abstract: In computer-implemented methods and systems for estimating financial modeling outcomes, financial data segmented into a number (x) of classes and scenario data for a set of model scenarios are processed to obtain an estimated model outcome distribution. The class segments are mutually exclusive and collectively exhaustive of the financial data. Multiple model tests are performed with samples of the financial data until a cumulative model outcome distribution is within a pre-determined acceptable tolerance limit from a distribution of fully assessed model outcomes obtainable by performing a single test of the scenarios using all of the financial data. The number (x) of classes, the sample size (z), and a number (y) of times that the tests are performed ensure that the cumulative model outcome distribution is within the pre-determined acceptable tolerance limit from the distribution of fully assessed model outcomes.
    Type: Grant
    Filed: January 20, 2011
    Date of Patent: February 28, 2012
    Assignee: Watson Wyatt & Company
    Inventor: Jeyaraj Vadiveloo
  • METHOD AND SYSTEM FOR EVALUATING INSURANCE LIABILITIES USING STOCHASTIC MODELING AND SAMPLING TECHNIQUES
    Publication number: 20110106572
    Abstract: In computer-implemented methods and systems for estimating financial modeling outcomes, financial data segmented into a number (x) of classes and scenario data for a set of model scenarios are processed to obtain an estimated model outcome distribution. The class segments are mutually exclusive and collectively exhaustive of the financial data. Multiple model tests are performed with samples of the financial data until a cumulative model outcome distribution is within a pre-determined acceptable tolerance limit from a distribution of fully assessed model outcomes obtainable by performing a single test of the scenarios using all of the financial data. The number (x) of classes, the sample size (z), and a number (y) of times that the tests are performed ensure that the cumulative model outcome distribution is within the pre-determined acceptable tolerance limit from the distribution of fully assessed model outcomes.
    Type: Application
    Filed: January 20, 2011
    Publication date: May 5, 2011
    Applicant: Watson Wyatt & Company
    Inventor: Jeyaraj Vadiveloo
  • METHOD AND SYSTEM FOR EVALUATING INSURANCE LIABILITIES USING STOCHASTIC MODELING AND SAMPLING TECHNIQUES
    Publication number: 20110071855
    Abstract: In computer-implemented methods and systems for estimating financial modeling outcomes, financial data segmented into a number (x) of classes and scenario data for a set of model scenarios are processed to obtain an estimated model outcome distribution. The class segments are mutually exclusive and collectively exhaustive of the financial data. Multiple model tests are performed with samples of the financial data until a cumulative model outcome distribution is within a pre-determined acceptable tolerance limit from a distribution of fully assessed model outcomes obtainable by performing a single test of the scenarios using all of the financial data. The number (x) of classes, the sample size (z), and a number (y) of times that the tests are performed ensure that the cumulative model outcome distribution is within the pre-determined acceptable tolerance limit from the distribution of fully assessed model outcomes.
    Type: Application
    Filed: September 23, 2009
    Publication date: March 24, 2011
    Inventor: Jeyaraj Vadiveloo