Abstract: This disclosure relates to a system for managing financial risk associated with weather-based service contracts, and more specifically, to a system based on the purchase of weather derivatives to select, manage, minimize, and redistribute financial burdens associated with costs incurred from the payment of services related to greater than average weather-based events. An option contract having a tick price, and an associated premium at a fixed strike price is selected at a desired coverage, in one embodiment, the desired coverage is associated with a payout with the associated tick price that covers the base price of performing the service for a nominal weather condition, the premium of buying the option, and the price of performing the services for exceptional weather precipitations of a three standard deviation from the nominal value. If a hedge trader offers this service rather than a service provider, the desired coverage will also cover the a commission for the trade.

Abstract: A computer-implemented method is provided for facilitating a due diligence analysis of a potential business partner of a business entity. The method includes receiving key data regarding a potential business partner. The method further includes facilitating an analysis of the potential business partner, including receiving risk-related data from a user regarding risks associated with the potential business partner, automatically determining a risk class for the potential business partner based at least on the received risk-related data, automatically determining a set of due diligence questions to present to the user based at least on the automatically determined risk class for the potential business partner, and receiving due diligence data from the user in response to the set of due diligence questions. The method further includes facilitating an approval process for the received due diligence data.

Abstract: A business process flowchart editing apparatus manages information about a business process flowchart and risks and controls, and their relation into a business process model in a unified manner, and is provided with an editing function of editing these pieces of information and an analyzing function of inconsistency check and analysis on a change ripple, thereby increasing efficiency in documentation of internal control.

Abstract: A storing unit stores loss data each including a loss amount and loss occurrence frequency, and a coefficient table holding a coefficient in association with the loss occurrence frequency, the coefficient being equal to a value of an occurrence number at a lower ? % point (? is a predetermined constant) in a cumulative distribution function of a probability distribution with the loss occurrence frequency as a parameter. A processor is programmed to calculate multiplication values, each of which is calculated for each of the loss data and is a multiplication value of the coefficient held in the coefficient table in association with the loss occurrence frequency included in the loss data and the loss amount included in the loss data.

Abstract: The invention comprises a device for and method of managing supply chain risk at a computer system device comprising a processor, a memory subsystem in communication with the processor, and computer executable instructions storable in the memory subsystem and executable by the processor to perform the method, the method comprising determining a degree of supply chain risk to an enterprise as a function of an effect of a disruption of delivery of the production input to the enterprise on a financial performance metric of the enterprise.

Abstract: Context-dependent transactional management of services within a cloud environment for an organization using business rules includes generating a partitioned graph representing the organization and the business rule, where the business rules include one or more separation of duties requirements. Upon receiving an access request from an end user of the cloud service, a determination is made if the access request to the cloud service violates any of the one or more separation of duties requirements. Based on determining that the access request to the cloud service does not violate any of the one or more separation of duties requirements, transaction with the cloud service is granted to the end user. Based on determining that the access request to the cloud service violates one of the one or more separation of duties requirements, access to the cloud service is denied to the end user.

Abstract: Context-dependent transactional management of services within a cloud environment for an organization using business rules includes generating a partitioned graph representing the organization and the business rule, where the business rules include one or more separation of duties requirements. Upon receiving an access request from an end user of the cloud service, a determination is made if the access request to the cloud service violates any of the one or more separation of duties requirements. Based on determining that the access request to the cloud service does not violate any of the one or more separation of duties requirements, transaction with the cloud service is granted to the end user. Based on determining that the access request to the cloud service violates one of the one or more separation of duties requirements, access to the cloud service is denied to the end user.

Abstract: A business method for defining, controlling, and optimizing a flow of value down a workflow pipeline includes creating a phase-gate workflow pipeline for one or more projects in which completion of one or more predetermined activities of each project advances the project to a succeeding phase in the pipeline. Each of the activities for each project in the pipeline is mapped to a value metric that is a function of a risk discount factor using an option valuation technique. The projects and/or portfolio of projects are then analyzed to determine the flow of value down the pipeline and managed based on analysis of this flow of value.

Abstract: A system for collecting and reporting sensor data in a communication network includes a microprocessor coupled to a memory and an electronic storage device. The microprocessor receives sensor data from sensors, and stores the sensor data for each sensor in the electronic storage device. The microprocessor also receives, via the communication network, a data reporting instruction defining a data reporting technique corresponding to the sensor data associated with one or more of the sensors. The data reporting instruction is stored in the electronic storage device, and the microprocessor transmits, to a trust mediator over the communication network, at least a portion of the sensor data based on the data reporting instruction. The trust mediator maintains an acceptable level of security for data throughout the communication network by adjusting security safeguards based on the sensor data.

Abstract: The present invention generally relates to financial data processing, and in particular it relates to credit scoring, consumer profiling, consumer behavior analysis and modeling. More specifically, it relates to risk modeling using the inputs of credit bureau data, size of wallet data, and, optionally, internal data.

Abstract: An internet transaction analysis system and method are disclosed. The system comprises a processing unit and a data communication arrangement, the processing unit being arranged to receive, via the data communication arrangement, data on a transaction, the transaction being associated with internet activity at a remote user terminal, the processing unit being arranged to apply a plurality of checks to the data on the transaction, generate a value for a risk metric in dependence on the results of the checks and cause an indicator on the relative risk of the transaction to be output at the user terminal, the indicator of the relative risk being determined in dependence on the value for the risk metric.

Abstract: A risk indicating a degree of impact of a change in a production volume of one industrial sector on a production volume of another industrial sector at an arbitrary time is analyzed.

Abstract: A risk profile generation device includes: a memory for storing model information of a risk profile defined by a first parameter set, model information of a probability distribution of the first parameter set defined by a second parameter set, and a required condition; and a processor connected to this memory. The processor is configured to: calculate a value of the second parameter set such that a risk profile to be specified by applying a value of the first parameter set generated in accordance with the probability distribution to the model information of the risk profile satisfies the required condition with a higher probability; and generate a value of the first parameter set in accordance with a probability distribution specified by applying this calculated value of the second parameter set to the model information of the probability distribution.

Abstract: A method to facilitate a Product Quality Planning and Management (PQPM) project associated with a product development cycle is provided. The method includes displaying on a user interface one or more activities to be executed for the PQPM project. The method further includes receiving, with an aid of the user interface, textual inputs indicative of a measurement criterion associated with an execution status the one or more activities. The method further includes developing a report to monitor a risk associated with the PQPM project, the report is based on the measurement criterion associated with the execution status of the one or more activities.

Abstract: Embodiments of the invention provide systems, methods, and computer program products for a business success indicator process that helps identify business success indicators for programs in the process of implementation. Within the process intended program results, and program assumptions or dependencies for projects within the program are considered potential business success indicators. Intended program results are prioritized, assessed, and assigned weighted values. Assumptions or dependencies, and projects are assigned impact values indicating their impact related to each of the intended program results. The intended program results, and the assumptions or dependencies are scored based on the weighted values and impact values. Business success indicators are selected based on the scores and deployment dates of projects with which they are associated. A business success indicator measurement plan is developed by developing a risk score associated with the data for each business success indicator.

Abstract: A computer-implemented engine, system and method for generating business valuations, scoring, and/or flagging over a network, responsively to information input by a user remote from the engine, system and method. The invention may include a graphical user interface capable of locally querying a user to input the company information, at least one network port capable of remotely receiving the company information from the graphical user interface, and at least one engine communicatively connected to the at least one network port, which engine preferably includes a plurality of rules to generate, responsively to the input company information, at least one of a business valuation, a business score, and/or one or more business flags to be used as indicators in a network marketplace, for the company associated with the inputted company information.

Abstract: Techniques for managing risks of a business enterprise include identifying a threat to a business enterprise; identifying, based on the threat, a plurality of business enterprise assets and associated impacts; determining a plurality of threat scenarios, each threat scenario including a qualitative probability and a qualitative impact; assigning a quantitative probability and a quantitative impact to each of the plurality of scenarios based on an evaluation of the qualitative probability and the qualitative impact in a risk matrix; determining, with a simulation model, a quantitative risk of the identified threat based on the assigned quantitative probability and quantitative impact; and preparing an output including the determined quantitative risk of the identified threat for display.

Abstract: A method is provided for managing environmental, health and safety (EHS) risks in a manufacturing environment. Risk assessment data received from a first risk assessment database and a second risk assessment database is stored in an EHS risk assessment database. The risk assessment data includes a plurality of first risk assessments and a plurality of second risk assessments for the manufacturing environment. The first risk assessments may be indicative of ergonomic risk assessments, machine guarding risk assessments, industrial hygiene risk assessments, incident investigation risk assessments, or lock-out tag-out risk assessments. The first risk assessments and the second risk assessments are processed to prioritize the risk assessments, and a notification is provided indicative of the prioritized risk assessments.

Abstract: A loan screening system and methods are described. One method includes monitoring loan application data as it is entered into a client application, extracting loan application data from the monitored data in accordance with a first pre-determined criteria, matching the extracted data against supplier products and displaying one or more of the matching supplier products within a client application interface.

Abstract: A computer system receives a collection of attributes that defines a procedure executed by a control tool in performing at least a portion of the attributes. Each respective attribute has a defined data structure, and the collection of attributes includes a genesis attribute that defines a starting attribute performed by the control tool. The collection of attributes further includes a first successor attribute, a second successor attribute, and a third successor attribute. The data structure for each respective attribute of the collection of attributes defines a plurality of data elements, where each data element is associated with a function. The data structure for each respective attribute further defines at least one joining operand for the plurality of data elements.

Abstract: A method and apparatus for allowing a customer to purchase or otherwise receive a benefit during a first transaction that will be redeemed by the customer or provided to the customer at a later time or during a future transaction for the purchase, rental, lease, etc. of one or more products and/or services. The price to the customer for the benefit may be a monetary amount, a non-monetary amount, a commitment by the customer to complete or perform some obligation or qualifying action. The value of the benefit to the customer may be based on one or more aspects or characteristics of the first transaction.

Abstract: The system and method described herein may be used to make a binary determination of whether to initiate an in-trip audit of self-scans in a self-checkout system. For example, the system may receive one or more audit parameters that are used to calculate an audit score. The audit score may be compared to a predefined audit threshold to determine, during a shopping trip, whether to initiate the in-trip audit. After or in combination with making the binary determination, the system may make a probabilistic determination of whether to initiate an audit based on historical audit points associated with the shopper. The audit points are incremented or decremented based on prior audits and other characteristics of the shopper.

Abstract: A risk management device includes: a memory for storing a plurality of verification units each composed of one or more scenario data each including a predicted value of loss occurrence frequency, a verification range that is a collection of the plurality of verification units, and actual loss occurrence numbers corresponding to the scenario data; and a processor connected to the memory. The processor is programmed to determine by using a goodness-of-fit test on a Poisson distribution whether the total value of the loss occurrence numbers corresponding to the scenario data included in the verification range follows a Poisson distribution that the total value of predicted values of loss occurrence frequency in the scenario data included in the verification range is defined as a mean.

Abstract: Risks from system architecture evolutions are assessed by an apparatus that comprises a database comprising a plurality of roadmaps for a corresponding plurality of components that may be used to form an enterprise architecture, the roadmaps identifying the planned characteristics of the plurality of components. The apparatus also comprises a modeling module executed by a processor to identify the components that form the enterprise architecture, to identify the current characteristics of those components, and to map those components to the roadmaps for corresponding components among the plurality of components in the database. In addition, the apparatus comprises a risk identification module executed by the processor to identify which of the components that form the enterprise architecture have current characteristics that are different from the corresponding planned characteristics.

Abstract: A health meter for evaluating the status of process safety of at least one facility as an executive dashboard on client devices can be presented to a plurality of users simultaneously and continuously updated by operators, contractors and other safety personnel in real-time. The health meter can include a plurality of computer instructions for presenting information to users, allowing the users to monitor compliance.

Abstract: An operating strategy for effectively operating a system is provided in a computer-implemented method of quantifying operation of the system based on failure characteristics modeled in a computer having data storage coupled to a processor. One computer-implemented method comprises identifying precursors of damage associated with damage mechanisms and storing the identified precursors in the data storage of the computer. An inherent damage impact from the precursors is characterized for determining operational consequences. Instruments are provided for measuring physical characteristics of the identified precursors and the physical characteristics of the identified precursors are communicated to the processor by the instruments for monitoring the damage mechanisms. The damage mechanisms are diagnosed for determining the inherent damage impact and evaluated by the computer for managing operation of the system.

Abstract: A computer implemented method for calculating the probability of an employee leaving an organization is provided. Closely associated groups of employees within the organization are identified on based on their date of joining the organization. The email traffic among different members of the closely associated group is monitored over a predefined time period. The occurrence of an event in the closely associated group is used to compute a risk parameter for the remaining employees of the closely associated group. The risk parameter is used in conjunction with a first parameter and a second parameter to calculate the probability of an employee leaving the organization.

Abstract: A software system and service for facilitating organizational testing of employees in order to determine their potential susceptibility to phishing scams is disclosed to evaluate their susceptibility to e-mail and Internet cybercrimes such as phishing. The e-mail addresses of a client organization's employees are provided to the system, a phishing e-mail is created and customized, and a phishing e-mail campaign in which the phishing e-mail message is sent and the responses to the phishing e-mail is monitored, and the results of the e-mail campaign are provided for evaluation. The phishing e-mail may optionally contain attachments and various types of probes and “call home” mechanisms.

Abstract: A method, a system, and a device for monitoring risks associated with at least one business process, including: evaluating at least one of a plurality of document instances, wherein each of the document instances includes, in association therewith, a plurality of document values, against a plurality of risk categories; implementing the plurality of risk categories pursuant to at least one acceptable risk policy approved for the at least one business process; and qualifying at least one of the at least one of the plurality of documents pursuant to an approval rating of the at least one document in at least one risk category. The system, method, and device efficiently monitor risk, and allow for flexibility in modifying or updating risk policy.

Abstract: Current monitoring systems often provide the operating condition of a specific component and do not consider the impact of a specific failure upon an entire system or a business. Nor do the current systems provide an avenue for the business to predict the loss, as well as its impact, and make an educated decision of mitigating the loss based upon economic, environmental, and health and safety considerations. Methods and systems are provided for predicting loss events, impacts of loss events, and providing potential corrective measures to reduce or eliminate the occurrence or impact of the loss events. One aspect relates to the use of system-wide information to predict variables that are directly linked to business impact, such as production loss. Extraneous and transactional data are also utilized according to other aspects of the invention.

Abstract: Systems, methods, and apparatus, including software tangibly stored on a computer readable medium, involve a future deadline for completion of a project milestone. An estimate of an amount of time slippage associated with the future deadline is received. A probability of missing the future deadline is calculated based on the estimated amount of time slippage and an amount of time remaining until the future deadline.

Abstract: Healthcare providers are faced with an extremely fast paced environment where patient care is closely coupled with quality and safety standards. To promote a safe and optimal environment for patients and healthcare workers, numerous standards must be met. The number of standards continues to grow as healthcare continues to become more complex. The present invention, and the various embodiments thereof, describes a computer based system and method for strengthening a healthcare provider's quality program through the use of quality assurance, quality improvement and performance improvement modules that help to structure, monitor and manage quality tasks. A pixel mapped calendar provides a compelling graphical representation of the current status of the various quality tasks associated with a specific date or dates to provide a visual representation of the overall health of an organization as it relates to meeting quality and safety standards.

Abstract: The present disclosure relates to a risk module that determines an important set of a plurality of potential risk events for an organization, each member of the important set of potential risk events having no more than a selected probability of occurring but at least a selected significance of impact on the organization, whether a mitigation strategy exists for each member of the important set of the plurality of potential risk events, when a mitigation strategy exists for a selected member of the important set, determining a corresponding mitigated significance of impact for the selected member of the important set of the plurality of potential risk events, and a more important set of the plurality of potential risk events.

Abstract: A system, method, and article of manufacture is disclosed for determining optimal parameter settings for a business initiative testing model used for testing initiatives for business locations included in a business network. In one aspect, a method is disclosed that includes defining a first test type of a business initiative testing model having a set of parameter settings. Each parameter setting may include a set of one or more parameter setting options. The method may also include performing virtual tests on a set of virtual test sites based on the defined test type. Each virtual test site may reflect a selected business location in the business network. Also, the method may include determining a set of optimal parameter settings for the first test type of the business initiative testing model based on results from the virtual test.

Abstract: A method of selecting security actions is provided. The method comprises estimating a maximum forecast loss, identifying general, sector specific, and targeted threats. The method further comprises forecasting a security loss based on the estimated maximum forecast loss and the threats, estimating a reduction in the security loss based on a first investment on a general threat countermeasure, on a second investment on a sector specific countermeasure, and on a third investment on a targeted threat countermeasure. The method further comprises allocating at least a portion of a security investment budget among the first, the second, and the third investments to maximize the estimated reduction in security loss. An aspect disclosed comprises a method that determines rates of return on security investment and selects security investments based on the rates of return. An aspect disclosed comprises a system for forecasting a security loss based on a security investment.

Abstract: The present invention generally relates to financial data processing, and in particular it relates to credit scoring, consumer profiling, consumer behavior analysis and modeling. More specifically, it relates to risk modeling using the inputs of credit bureau data, size of wallet data, and, optionally, internal data.

Abstract: The present invention generally relates to financial data processing, and in particular it relates to credit scoring, consumer profiling, consumer behavior analysis and modeling. More specifically, it relates to risk modeling using the inputs of credit bureau data, size of wallet data, and, optionally, internal data.

Abstract: A method and computer program are disclosed to assist the user in constructing a decision-tree for outsourcing software development business processes. The tree contains a node for the cost of completing the business processes in-house, nodes containing the expected costs of outsourcing the complete business process to different vendors, and nodes containing the expected costs of outsourcing part of the business process to different vendors. The user calculates the expected cost of outsourcing a business process by multiplying the estimated costs for outsourcing the business process by probabilities that risks will occur in the outsourcing process.

Abstract: A method and systems of safety analysis of engineering processes for safety analysis of nuclear power stations are disclosed. A distribution of risk factors is analysed on different stages of the engineering process, and safety intervals are determined where safety conditions remain invariable. The method further includes analysis of failure transitions from one safety interval into another by means of cause-effect analysis. Based on the results of this analysis, deterministic safety models are created for possible scenarios of transition of failures from one safety interval into another. The method and systems provide quantitative safety analysis and evaluation for engineering processes in variable safety conditions and enable creating valid safety requirements to perform optimization of an engineering processes control system.

Abstract: According to one embodiment of the present invention, risk associated with a supplier of an organization may be assessed. A supplier associated with an organization is identified for risk assessment. The risk assessment comprises a plurality of questions where each question has a priority level. A plurality of selections for the supplier associated with the plurality of questions is determined. A respective selection of the plurality of selections is associated with a respective question of the plurality of questions. A plurality of values associated with the plurality of selections is determined. A respective value of the plurality of values is associated with a respective selection of the plurality of selections. Using a processor, a risk score for the supplier is calculated according to the plurality of values and the priority level of each of the plurality of questions.

Abstract: A security evaluation and scoring system includes a computer server in wireless communication with a mobile electronic device. The computer server is configured to receive input from the mobile electronic device, where the input is related to individuals to be evaluated. The server is further configured to evaluate risk, based on a plurality of predetermined parameters, and to provide both a qualitative and quantitative scoring-based risk assessment of the individual, and to output the results of the risk assessment to a display of the mobile electronic device.

Abstract: An accounting system under standard costing as absorption costing which identifies a break-even point, performs a process in which, in a break-even chart represented as a standard-costing marginal profit chart for a company or business line departments, a “net carryover manufacturing overhead allocation cost” ? of an inventory and a managed gross profit QM (=Sales Amount X?Sales Absorption Cost) are defined, a managed fixed cost F (=?+Manufacturing Overhead C+General Administrative Cost G) is treated as a fixed cost, and the point of intersection between line segment OB? connecting the origin O (0, 0) and point B? (X, Vs) and horizontal line segment EN? taking the value of the managed fixed cost F is identified as a break-even point (point H2?). Here, Vs is the sum of the managed gross profit QM and a sales manufacturing overhead allocation cost ACX.

Abstract: The present invention generally relates to financial data processing, and in particular it relates to credit scoring, consumer profiling, consumer behavior analysis and modeling. More specifically, it relates to risk modeling using the inputs of credit bureau data, size of wallet data, and, optionally, internal data.

Abstract: An airline operations control system for an airline having multiple aircraft and multiple routes formed by one or more flights where the airline operations control system includes a computer searchable database a query module configured to query the database and a prognostic module.

Abstract: A system and method efficiently solve the expected utility maximization problem in large-scale financial asset portfolio optimization. The system and method solve the expected utility maximization problem employing a factor representation of asset returns. Additionally, the system and method calibrate the optimization model to a benchmark to obtain unconditional mean returns and enable active management based on conditional expected return predictions. The system and method also enable options to be considered as part of the portfolio.

Abstract: Computer-implemented systems and methods are provided for reducing a number of options presented to a user where the options have characteristics that are arranged in a multi-dimensional hierarchical space. A system and method can be configured to identify common dimensions using dimension nodes in dimensional points and identify compatible nodes for each dimension in the multi-dimensional hierarchical space by determining whether an association exists. Compatible pairs of surviving points are generated after applying each of the compatible nodes from the common dimensions. Greatest lower bounds (GLBs) are computed for each of the generated compatible points, and a set of options is generated comprising points from the generated compatible points and the computed GLBs.

Abstract: A procurement risk calculation apparatus includes a control unit which accepts ordering information given by an orderer, via a network, and reads past ordering detail history information and BOM information, an operation unit which extracts a part for which plural corporation purchase is conducted and calculates a procurement risk such as a situation of dependence of child parts constituting an ordered part upon terminal suppliers on the basis of the ordering detail history information and the BOM information, and an output processing unit which outputs a screen to assist in determining selection intention of a part to be ordered and an order receiver enterprise on the basis of an operation result.

Abstract: A computer implemented method for managing risk, which can include determining an organizational impact score from an aggregate of scenario impact scores and storing the organizational impact score in a memory of the computer. Some embodiments include calculating a likelihood score based upon an analysis of threats, imminence of each threat, and a likelihood associated with each threat, and storing the likelihood score in a memory of the computer. In some embodiments, an organizational maturity score is determined based on the ability of the organization to mitigate the actions of a potential threat and recover from a given scenario, and the organizational maturity score is stored in a memory of the computer. Some embodiments include calculating a Risk Index using a processor of the computer wherein the Risk Index equals the impact score multiplied by the likelihood score and divided by the maturity score.

Abstract: A system and method for assessing compliance risk of a regulated institution. Data on a plurality of regulated institutions is extracted from publicly available sources and stored in an extracted information database. A client questionnaire is created and separated into a plurality of role categories. A list of employees and their area of responsibility is obtained from a client regulated institution. The client questionnaire is distributed to the employees, each employee receiving questions from a role category based on their area of responsibility. Answers are stored in a client questionnaire database. Data on the client regulated institution is located in the extracted information database. Then, based on the questionnaire answers and extracted data, the risk that the client regulated institution will not be compliant with a set of regulations is assessed.

Abstract: A method for evaluating a system having at least one portal is provided, wherein the method includes examining the at least one portal to identify at least one accessible portal, performing a qualitative analysis responsive to the at least one accessible portal, performing a quantitative analysis responsive to the qualitative analysis and generating a risk profile responsive to the performing a qualitative analysis and the performing a quantitative analysis.