Patents by Inventor Robert Arena

Robert Arena 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).

  • Publication number: 20120284205
    Abstract: A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period. A computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary.
    Type: Application
    Filed: July 16, 2012
    Publication date: November 8, 2012
    Applicant: The Prudential Insurance Company of America
    Inventors: Robert Arena, Robert O'Donnell, Robert Schwartz, N. David Kuperstock, Tim Paris, Robert Leach, Jacob Herchler, Mike Morell, Fiona Jackman-Ward
  • Patent number: 8224728
    Abstract: A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period. A computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary.
    Type: Grant
    Filed: February 16, 2010
    Date of Patent: July 17, 2012
    Assignee: The Prudential Insurance Company of America
    Inventors: Robert Arena, Robert O'Donnell, Robert Schwartz, N. David Kuperstock, Tim Paris, Robert Leach, Jacob Herschler, Mike Morell, Fiona Jackman-Ward
  • Patent number: 7974898
    Abstract: A system for providing stabilized annuity payments, the system comprising a processor, a memory, and a computer program stored in the memory. The computer program allocates the risks associated with an investment to the potential beneficiaries of the annuitant by controlling the allocation of assets between two investment pools. The annuitant pool is the pool on which annuity payments are based and the beneficiary pool contains assets that are provided to the beneficiaries upon the death of the annuitant. The beneficiary pool is used as a cushion to isolate the contents of the annuitant pool from fluctuations in value. If the underlying investments perform poorly, assets from the beneficiary pool are reallocated to the annuity pool in order to maintain the existing annuity payment. If the underlying investments perform favorably, increasing in value, excess amounts above a set trigger level amount will be periodically transferred to the annuitant pool.
    Type: Grant
    Filed: July 9, 2008
    Date of Patent: July 5, 2011
    Assignee: The Prudential Insurance Company of America
    Inventors: Robert Arena, Robert Schwartz, N. David Kuperstock, Robert O'Donnell, Gordon Boronow
  • Patent number: 7962384
    Abstract: A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period. A computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary.
    Type: Grant
    Filed: April 12, 2002
    Date of Patent: June 14, 2011
    Assignee: The Prudential Insurance Company of America
    Inventors: Robert Arena, Robert O'Donnell, Robert Schwartz, N. David Kuperstock, Tim Paris, Robert Leach, Jacob Herschler, Mike Morell, Fiona Jackman-Ward
  • Publication number: 20100318473
    Abstract: A system, method, and computer program product for dynamic, cost effective reallocation of assets among a plurality of investment products comprising a processor, a memory and a computer program stored in the memory. The computer program implementing the present invention controls the reallocation of assets to reduce the transactions costs associated with rebalancing the investor's composite assets according to a composite asset allocation model. Information relating to the composite asset allocation model, the investor's assets, and the investor are stored in memory. Periodically, or upon occurrence of an event, the composite assets are evaluated to determine if rebalancing is necessary. If rebalancing is necessary, the transaction costs associated with the available transactions for performing the rebalancing are compared to select the most economically favorable transaction.
    Type: Application
    Filed: July 29, 2010
    Publication date: December 16, 2010
    Applicant: The Prudential Insurance Company of America
    Inventors: Robert Arena, David Kuperstock, Robert O'Donnell, Lincoln Collins
  • Patent number: 7769659
    Abstract: A system, method, and computer program product for dynamic, cost effective reallocation of assets among a plurality of investment products comprising a processor, a memory and a computer program stored in the memory. The computer program implementing the present invention controls the reallocation of assets to reduce the transactions costs associated with rebalancing the investor's composite assets according to a composite asset allocation model. Information relating to the composite asset allocation model, the investor's assets, and the investor are stored in memory. Periodically, or upon occurrence of an event, the composite assets are evaluated to determine if rebalancing is necessary. If rebalancing is necessary, the transaction costs associated with the available transactions for performing the rebalancing are compared to select the most economically favorable transaction.
    Type: Grant
    Filed: February 15, 2002
    Date of Patent: August 3, 2010
    Assignee: The Prudential Insurance Company of America
    Inventors: Robert Arena, N. David Kuperstock, Robert O'Donnell, Lincoln Collins
  • Publication number: 20100185560
    Abstract: A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period. A computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary.
    Type: Application
    Filed: February 16, 2010
    Publication date: July 22, 2010
    Applicant: The Prudential Insurance Company of America
    Inventors: Robert Arena, Robert O'Donnell, Robert Schwartz, N. David Kuperstock, Tim Paris, Robert Leach, Jacob Herschler, Mike Morell, Fiona Jackman-Ward
  • Publication number: 20080270323
    Abstract: A system, method, and computer program product for providing stabilized annuity payments and control of investments in a variable annuity, the system comprising a processor, a memory, and a computer program stored in the memory. The computer program allocates the short and long term risks associated with an investment to the potential beneficiaries of the annuitant by controlling the allocation of assets between two investment pools. The annuitant pool is the pool on which annuity payments are based and the beneficiary pool contains assets that are provided to the beneficiaries upon the death of the annuitant. The beneficiary pool is used as a cushion to isolate the contents of the annuitant pool from fluctuations in value. The beneficiary pool is initially funded with sufficient assets to minimize the likelihood of its depletion under fairly conservative estimates of market conditions.
    Type: Application
    Filed: July 9, 2008
    Publication date: October 30, 2008
    Applicant: The Prudential Insurance Co. of America
    Inventors: Robert Arena, Robert Schwartz, N. David Kuperstock, Robert O'Donnell, Gordon Boronow
  • Patent number: 7403209
    Abstract: A video node for use in rendering one or more video frames of a video stream. The video node is represented by a compositing tree (2100). The compositing tree (2100) comprises at least one image primitive node (2140) representing one or more video frames (2300) of the video stream. At least one of the video frames (2300) represented by the image primitive node (2140) is composited with at least one further graphical primitive represented by at least one further primitive node (2130) of the compositing tree (2100). The video frame (2300) is composited with the further graphical primitive according to a compositing operation represented by an operation node of the compositing tree (2100) in order to generate a composite image (2303) represented by at least one composite node (2150) of the compositing tree (2100).
    Type: Grant
    Filed: March 17, 2005
    Date of Patent: July 22, 2008
    Assignee: Canon Kabushiki Kaisha
    Inventors: Bin Liao, Farris Junius Halim, Ping Liu, Eugene Robert Arena
  • Patent number: 7401037
    Abstract: In one embodiment, a method of managing assets for stabilizing anticipated periodic payments, allocating the assets to first and second pools; at periodic intervals, comparing the current value of the assets in the first pool to a present value of the remaining payments; and, when the current value is less the present value, reallocating a portion of the assets from the second pool to the first pool so that the first asset pool has a current value representing the present value. In another embodiment, a method for managing assets for stabilizing anticipated periodic payments includes allocating the assets into first and second pools; establishing a first payment amount; determining a first trigger value; assessing a current value of the assets; and reallocating assets from the second pool to the first pool to increase the first payment amount in response to the current value being greater than the first trigger value.
    Type: Grant
    Filed: February 20, 2002
    Date of Patent: July 15, 2008
    Assignee: The Prudential Insurance Company of America
    Inventors: Robert Arena, Robert Schwartz, N David Kuperstock, Robert O'Donnell, Gordon Boronow
  • Publication number: 20030105652
    Abstract: A system, method, and computer program product for managing an investment to increase the after-tax death benefit of the investment received by the beneficiaries, the system comprising a processor, a memory, and a computer program stored in the memory. The computer program receives and stores information relating to an investment and periodically assesses the value of the investment. The computer program then determines an insurance premium that will provide a death benefit based on the assessed value of the investment. Next, the computer program collects or otherwise receives information of receipt of the insurance premium. In the preferred embodiment, the insurance premium provides a life insurance death benefit of forty percent (40%) of the assessed value of the investment.
    Type: Application
    Filed: April 12, 2002
    Publication date: June 5, 2003
    Inventors: Robert Arena, Robert O'Donnell, Robert Schwartz, N. David Kuperstock, Tim Paris, Robert Leach, Jacob Herschler, Mike Morrell, Fiona Jackman-Ward
  • Publication number: 20020184129
    Abstract: A system, method, and computer program product for providing stabilized annuity payments and control of investments in a variable annuity, the system comprising a processor, a memory, and a computer program stored in the memory. The computer program allocates the short and long term risks associated with an investment to the potential beneficiaries of the annuitant by controlling the allocation of assets between two investment pools. The annuitant pool is the pool on which annuity payments are based and the beneficiary pool contains assets that are provided to the beneficiaries upon the death of the annuitant. The beneficiary pool is used as a cushion to isolate the contents of the annuitant pool from fluctuations in value. The beneficiary pool is initially funded with sufficient assets to minimize the likelihood of its depletion under fairly conservative estimates of market conditions.
    Type: Application
    Filed: February 20, 2002
    Publication date: December 5, 2002
    Inventors: Robert Arena, Robert Schwartz, N. David Kuperstock, Robert O'Donnell, Gordon Boronow
  • Publication number: 20020174045
    Abstract: A system, method, and computer program product for dynamic, cost effective reallocation of assets among a plurality of investment products comprising a processor, a memory and a computer program stored in the memory. The computer program implementing the present invention controls the reallocation of assets to reduce the transactions costs associated with rebalancing the investor's composite assets according to a composite asset allocation model. Information relating to the composite asset allocation model, the investor's assets, and the investor are stored in memory. Periodically, or upon occurrence of an event, the composite assets are evaluated to determine if rebalancing is necessary. If rebalancing is necessary, the transaction costs associated with the available transactions for performing the rebalancing are compared to select the most economically favorable transaction.
    Type: Application
    Filed: February 15, 2002
    Publication date: November 21, 2002
    Inventors: Robert Arena, N. David Kuperstock, Robert O'Donnell, Lincoln Collins
  • Publication number: 20020174042
    Abstract: A system, method, and computer program product for allocating assets among a plurality of investments to guarantee a predetermined value at the end of a predetermined time period, the system comprising a processor, a memory, and a computer program stored in the memory. The computer program controls the allocation of assets in the investment vehicle, which allows the investor to initially invest one hundred percent of the initial deposit in non-secure, high risk investments, such as for example mutual funds and/or stocks. At the end of the each trading day, the computer program determines if assets should be reallocated from the non-secure investments to the secure investments, from the secure investments to the non-secure investments, or if no reallocation is necessary.
    Type: Application
    Filed: April 12, 2002
    Publication date: November 21, 2002
    Inventors: Robert Arena, Robert O'Donnell, Robert Schwartz, N. David Kuperstock, Tim Paris, Robert Leach, Jacob Herschler, Mike Morell, Fiona Jackman-Ward