US Patent No: 8,135,638
Number of patents in Portfolio can not be more than 2000
Summarizing risk ratings to facilitate an analysis of risks
Stats
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Mar 13, 2012
Issued date -
Apr 29, 2005
filing date -
11/118,272
serial no -
In Force
status
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Abstract
A method and system for summarizing risk ratings to facilitate an analysis of risks. Items related by a common business function, risks associated with each item, sub-categories of risks, and categories of risks are weighted. For each item, each associated risk is evaluated by comparing responses on a questionnaire to predetermined acceptable answers. A first summarized risk rating based on weights of risks, a sub-category, a category, and an item is calculated. A second summarized risk rating based on weights of risks, the sub-category, and the item is calculated. A first summary report that includes a hyperlink and the first summarized risk rating is displayed. In response to selecting the hyperlink, a second summary report that includes the second summarized risk rating is automatically displayed. Actions are performed to mitigate risks in response to determining that the first and second summarized risk ratings exceed predetermined values.
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First Claim
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International Classification(s)
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Cited Art
| Patent Info | (Count) | # Cites | Year |
|---|---|---|---|
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| 6,859,788 Automated assessment of personal financial risk tolerance | 4 | 1999 | |
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| 2002/0059,093 Methods and systems for compliance program assessment | 38 | 2001 | |
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| 2003/0125,997 System and method for risk assessment | 6 | 2001 | |
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| 7,433,829 System and method for managing global risk | 5 | 2001 | |
Patent Citation Ranking
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