Patents by Inventor Richard F. CLEMENTS

Richard F. CLEMENTS 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).

  • SYSTEM AND METHOD FOR IMPROVING RATING AND MODELING OF ASSET BACKED SECURITIES
    Publication number: 20140351167
    Abstract: The present invention provides a computer-based system for evaluating risk in asset backed securities (ABS) comprising: a database containing data associated with an asset pool of an ABS; a computer having a processor for executing software and being adapted to establish a communication link with an external provider of electronic data and to receive a first data set associated with an asset pool of an ABS, the first data set including credit score data related to the asset pool; and a migratory pattern predictive model application executed by the processor and adapted to analyze at least a part of the first data set, including the credit score data, and to determine a rating concerning the relative risk associated with the ABS.
    Type: Application
    Filed: May 27, 2013
    Publication date: November 27, 2014
    Inventor: Richard F. Clements
  • System and method for improved rating and modeling of asset backed securities
    Patent number: 8452681
    Abstract: The present invention provides a computer-based system for evaluating risk in asset backed securities (ABS) comprising: a database containing data associated with an asset pool of an ABS; a computer having a processor for executing software and being adapted to establish a communication link with an external provider of electronic data and to receive a first data set associated with an asset pool of an ABS, the first data set including credit score data related to the asset pool; and a migratory pattern predictive model application executed by the processor and adapted to analyze at least a part of the first data set, including the credit score data, and to determine a rating concerning the relative risk associated with the ABS.
    Type: Grant
    Filed: February 13, 2009
    Date of Patent: May 28, 2013
    Assignee: Thomson Financial, LLC
    Inventor: Richard F. Clements
  • System and method for improved rating and modeling of asset backed securities
    Publication number: 20100211494
    Abstract: The present invention provides a computer-based system for evaluating risk in asset backed securities (ABS) comprising: a database containing data associated with an asset pool of an ABS; a computer having a processor for executing software and being adapted to establish a communication link with an external provider of electronic data and to receive a first data set associated with an asset pool of an ABS, the first data set including credit score data related to the asset pool; and a migratory pattern predictive model application executed by the processor and adapted to analyze at least a part of the first data set, including the credit score data, and to determine a rating concerning the relative risk associated with the ABS.
    Type: Application
    Filed: February 13, 2009
    Publication date: August 19, 2010
    Inventor: Richard F. CLEMENTS