SYSTEM AND METHOD FOR FINANCIAL RISK ASSESSMENT
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United States of America Patent
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Issued Date -
Apr 16, 2015
app pub date -
Oct 15, 2013
filing date -
Oct 15, 2013
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Abstract
A computer-implemented method and system for financial risk assessment are provided. The method includes receiving financial data related to an international monetary transaction from a transferring country to a receiving country; determining a universal currency for the receiving country based on at least one purchasing power parity (PPP) value related to the receiving country; and assessing the financial risk of the international monetary transaction based on the universal currency and the financial data.
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