Patents by Inventor Ruben C. Berumen

Ruben C. Berumen 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: 20150186818
    Abstract: Systems and methods are disclosed for assessing a relocation option. More specifically, a line of business may assess a relocation option by generating a geographic model that may be based on data about a relocation option. The system and method of generating a geographic model may include the generation of a reward score based on reward drivers. The model may also include generating a risk score that is based on risk factors. The reward score and the risk score may be compared. The line of business may also conduct an in-country/due diligence visit based at least in part on the geographic model and may assemble a risk mitigation framework. In addition, outputs of the model may be analyzed using portfolio theory analysis. Such portfolio theory analysis may include determining the Markowitz Efficient Frontier of optimal location sets. The analysis may also include obtaining an optimal location set based on a preferably predetermined concentration risk tolerance.
    Type: Application
    Filed: March 17, 2015
    Publication date: July 2, 2015
    Inventors: Lee J. Hardee, Jason D. Latta, Ruben C. Berumen, Anurag Amatya
  • Patent number: 8396733
    Abstract: A system and method of determining a recommended location for performing a work function is provided. In some examples, the system and method may include receiving a plurality of process criteria, such as hours of operation associated with the work function, type of work performed, skill set desired, language skills desired, and the like. The system and method may further include receiving a plurality of provider attributes, such as languages spoken, knowledge base/skill set, flexibility of staffing, and the like. One or more recommended locations for performing the work function may be determined based on the business and provider attributes.
    Type: Grant
    Filed: October 8, 2010
    Date of Patent: March 12, 2013
    Assignee: Bank of America Corporation
    Inventors: Kenton C. Smith, Ruben C. Berumen, Richard T. Mattingly, Jason Daniel Latta, Anurag Amatya, John A. Curl, David Stuart Rietz, Clifford Todd Barnett
  • Publication number: 20120089431
    Abstract: A system and method of determining a recommended location for performing a work function is provided. In some examples, the system and method may include receiving a plurality of process criteria, such as hours of operation associated with the work function, type of work performed, skill set desired, language skills desired, etc. The system and method may further include receiving a plurality of provider attributes, such as languages spoken, knowledge base/skill set, flexibility of staffing, etc. One or more recommended locations for performing the work function may be determined based on the business and provider attributes.
    Type: Application
    Filed: October 8, 2010
    Publication date: April 12, 2012
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Kenton C. Smith, Ruben C. Berumen, Richard T. Mattingly, Jason Daniel Latta, Anurag Amatya, John Austin Curl, David Stuart Rietz, Clifford Todd Barnett
  • Publication number: 20120084109
    Abstract: A system and method of identifying one or more locations eligible to perform a work function based on one or more filtering parameters is provided. The system and method may include receiving a first plurality of locations and filtering the first plurality of locations to identify a second plurality of locations eligible to perform an identified work function based on a first filtering parameter. The second plurality of locations may be further filtered to determine a third plurality of eligible locations, the third plurality of eligible locations being identified based on a second filtering parameter. In some examples, the third plurality of locations may be further filtered to identify a fourth plurality of eligible locations, the fourth plurality of eligible locations being identified based on a third filtering parameter.
    Type: Application
    Filed: October 4, 2010
    Publication date: April 5, 2012
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Clifford Todd Barnett, Ruben C. Berumen, Jason Daniel Latta, Richard Thomas Mattingly, JR., HueiJan Ou
  • Publication number: 20110166906
    Abstract: A system and method of calculating a concentration risk score for a work process at an organization center are provided. The concentration risk score may be based on a redundancy score and a criticality score. In some examples, the redundancy score may be determined based on a percentage of total resources associated with the work process at a first center. The redundancy score and criticality score may then be combined to determine a concentration risk score for the work process at that center.
    Type: Application
    Filed: October 8, 2010
    Publication date: July 7, 2011
    Applicant: BANK OF AMERICA CORPORATION
    Inventors: Lee J. Hardee, Ruben C. Berumen, Anurag Amatya, Kenton C. Smith, Jason Daniel Latta, Richard T. Mattingly
  • Publication number: 20100114622
    Abstract: Systems and methods are disclosed for assessing a relocation option. More specifically, a line of business may assess a relocation option by generating a geographic model that may be based on data about a relocation option. The system and method of generating a geographic model may include the generation of a reward score based on reward drivers. The model may also include generating a risk score that is based on risk factors. The reward score and the risk score may be compared. The line of business may also conduct an in-country/due diligence visit based at least in part on the geographic model and may assemble a risk mitigation framework. In addition, outputs of the model may be analyzed using portfolio theory analysis. Such portfolio theory analysis may include determining the Markowitz Efficient Frontier of optimal location sets. The analysis may also include obtaining an optimal location set based on a preferably predetermined concentration risk tolerance.
    Type: Application
    Filed: October 31, 2008
    Publication date: May 6, 2010
    Applicant: Bank of America Corp.
    Inventors: Lee J. Hardee, Jason D. Latta, Ruben C. Berumen, Richard T. Mattingly, Anurag Amatya