Patents by Inventor Marc G. Verrier

Marc G. Verrier 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).

  • Computer based system for pricing an index-offset deposit product
    Patent number: 8615460
    Abstract: A computer-based method for determining a value of an index-offset deposit product, having a principal amount, a term, a specified guaranteed amount, and an index credit comprising the step of setting trial values for fixed-income-linked crediting parameters for the product implying an expected fixed-income-linked credit component at the end of the term. The method further comprises the steps of determining a cost for an option paying an index-linked credit component such that a composite index credit together with the principal is at least equal to a specified guaranteed amount.
    Type: Grant
    Filed: February 20, 2013
    Date of Patent: December 24, 2013
    Assignee: Genesis Financial Development, Inc.
    Inventors: Richard C. Payne, John A. Rose, Marc G. Verrier
  • Computer based system for pricing an index-offset deposit product
    Patent number: 8374941
    Abstract: A computer-based method for determining a value of an index-offset deposit product, having a principal amount, a term, a specified guaranteed amount, and an index credit comprising the step of setting trial values for fixed-income-linked crediting parameters for the product implying an expected fixed-income-linked credit component at the end of the term. The method further comprises the steps of determining a cost for an option paying an index-linked credit component such that a composite index credit together with the principal is at least equal to a specified guaranteed amount.
    Type: Grant
    Filed: June 14, 2011
    Date of Patent: February 12, 2013
    Assignee: Genesis Financial Products, Inc.
    Inventors: Richard C. Payne, John A. Rose, Marc G. Verrier
  • Computer Based System for Pricing an Index-Offset Deposit Product
    Publication number: 20120150766
    Abstract: A computer-based method for determining a value of an index-offset deposit product, having a principal amount, a term, a specified guaranteed amount, and an index credit comprising the step of setting trial values for fixed-income-linked crediting parameters for the product implying an expected fixed-income-linked credit component at the end of the term. The method further comprises the steps of determining a cost for an option paying an index-linked credit component such that a composite index credit together with the principal is at least equal to a specified guaranteed amount.
    Type: Application
    Filed: June 14, 2011
    Publication date: June 14, 2012
    Applicant: GENESIS FINANCIAL PRODUCTS, INC.
    Inventors: Richard C. Payne, John A. Rose, Marc G. Verrier
  • Computer based system for pricing an index-offset deposit product
    Patent number: 7987132
    Abstract: A computer-based method for determining a value of an index-offset deposit product, having a principal amount P, a term T, a specified guaranteed amount G, and an index credit C, comprising: d) setting trial values for fixed-income-linked crediting parameters for said product implying an expected fixed-income-linked credit component F at the end of the term T; e) determining a cost for an equity option paying equity-linked credit component E such that the index credit C=E+F, to be paid at T, together with the principal P, is at least equal to G; and f) summing said equity option cost, present value of principal, and present value of fixed-income-linked credit component to determine said value of said index-offset deposit product.
    Type: Grant
    Filed: August 10, 2009
    Date of Patent: July 26, 2011
    Assignee: Genesis Financial Products, Inc.
    Inventors: Richard C. Payne, John Adam Rose, Marc G. Verrier
  • Computer Based System for Pricing an Index-Offset Deposit Product
    Publication number: 20090313050
    Abstract: A computer-based method for determining a value of an index-offset deposit product, having a principal amount P, a term T, a specified guaranteed amount G, and an index credit C, comprising: d) setting trial values for fixed-income-linked crediting parameters for said product implying an expected fixed-income-linked credit component F at the end of the term T; e) determining a cost for an equity option paying equity-linked credit component E such that the index credit C=E+F, to be paid at T, together with the principal P, is at least equal to G; and f) summing said equity option cost, present value of principal, and present value of fixed-income-linked credit component to determine said value of said index-offset deposit product.
    Type: Application
    Filed: August 10, 2009
    Publication date: December 17, 2009
    Applicant: GENESIS FINANCIAL PRODUCTS, INC.
    Inventors: Richard C. Payne, John Adam Rose, Marc G. Verrier
  • Computer based system for pricing an index-offset deposit product
    Patent number: 7590581
    Abstract: A computer-based method for determining a value of an index-offset deposit product, having a principal amount P, a term T, a specified guaranteed amount G, and an index credit C, comprising: d) setting trial values for fixed-income-linked crediting parameters for said product implying an expected fixed-income-linked credit component F at the end of the term T; e) determining a cost for an equity option paying equity-linked credit component E such that the index credit C=E+F, to be paid at T, together with the principal P, is at least equal to G; and f) summing said equity option cost, present value of principal, and present value of fixed-income-linked credit component to determine said value of said index-offset deposit product.
    Type: Grant
    Filed: June 16, 2003
    Date of Patent: September 15, 2009
    Assignee: Genesis Financial Products, Inc.
    Inventors: Richard C. Payne, John A. Rose, Marc G. Verrier