Computer system and method for pricing financial and insurance risks with historically-known or computer-generated probability distributions

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 7315842
SERIAL NO

09923377

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Abstract

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The invention is a computer-implemented system and method, and a computer-readable medium for use with computer means, that enables portfolio managers to price, on a risk-adjusted basis, any traded or under written risk vehicle in finance and insurance that has a historically-known or computer-generated probability distribution. More importantly, the invention provides a universal approach to pricing assets and liabilities traded on an exchange or over-the-counter market, or underwritten for direct risk-transfer, even if those assets and liabilities are grouped or segregated, or whose prospective outcomes may alternate between positive or negative values.

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Patent Owner(s)

  • RISK LIGHTHOUSE LLC

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Wang, Shaun S Schaumburg, IL 3 78

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