Patents by Inventor Scott Fargo

Scott Fargo 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: 20070265889
    Abstract: Method and system to track, reconcile and administer the values of life insurance policies in separate accounts, including Stable Value Protected funds. Accordingly, targeted returns are translated into unit values on a daily basis for each fund. Additionally the system tracks restrictions (e.g., timing, amount of withdrawal and amount of reallocations) on a premium-by-premium basis, and tracks the book value, market value, duration and targeted return on a client-by-client basis. The system calculates and tracks the payments and credits applicable to a withdrawal or reallocation request, in addition to the liquidation schedules for each fund based on the payment amounts and credits of specific funds. Additionally, daily unit values are calculated given a periodic targeted return (i.e., a quarterly targeted return).
    Type: Application
    Filed: July 20, 2007
    Publication date: November 15, 2007
    Applicant: Bancorp Services, L.L.C.
    Inventors: Seth Koppes, Edward Lanigan, William Meier, Richard Hurwitz, Chris Garlich, Mark Gilje, Scott Fargo