WO2000054186A8 - Financial forecasting system and method for risk assessment and management - Google Patents

Financial forecasting system and method for risk assessment and management

Info

Publication number
WO2000054186A8
WO2000054186A8 PCT/US2000/006186 US0006186W WO0054186A8 WO 2000054186 A8 WO2000054186 A8 WO 2000054186A8 US 0006186 W US0006186 W US 0006186W WO 0054186 A8 WO0054186 A8 WO 0054186A8
Authority
WO
WIPO (PCT)
Prior art keywords
forecast
management
risk
risk assessment
indicative
Prior art date
Application number
PCT/US2000/006186
Other languages
French (fr)
Other versions
WO2000054186A1 (en
Inventor
Anand V Deo
Original Assignee
Mathematical Modellers Inc
Anand V Deo
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Mathematical Modellers Inc, Anand V Deo filed Critical Mathematical Modellers Inc
Publication of WO2000054186A1 publication Critical patent/WO2000054186A1/en
Publication of WO2000054186A8 publication Critical patent/WO2000054186A8/en

Links

Classifications

    • GPHYSICS
    • G06COMPUTING; CALCULATING OR COUNTING
    • G06QINFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/08Insurance

Abstract

A system and method for generating data such as a forecast indicative of risk associated with an application for financial services and/or a portfolio of financial agreements for purposes of risk assessment and management (30). The method includes the basic step of generating a forecast of performance wherein the forecast comprises a series of discrete scenarios applied over a finite time line, using a template called an aging strip. Such a forecast is indicative of risk. The present invention is a significant improvement over the prior art in that it does not rely on the future to mirror the past, but rather uses historical experience to provide scenarios and associated probabilities to generate a forecast of performance.
PCT/US2000/006186 1999-03-09 2000-03-09 Financial forecasting system and method for risk assessment and management WO2000054186A1 (en)

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US26571699A 1999-03-09 1999-03-09
US09/265,716 1999-03-09

Publications (2)

Publication Number Publication Date
WO2000054186A1 WO2000054186A1 (en) 2000-09-14
WO2000054186A8 true WO2000054186A8 (en) 2001-04-19

Family

ID=23011606

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2000/006186 WO2000054186A1 (en) 1999-03-09 2000-03-09 Financial forecasting system and method for risk assessment and management

Country Status (1)

Country Link
WO (1) WO2000054186A1 (en)

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US8843411B2 (en) 2001-03-20 2014-09-23 Goldman, Sachs & Co. Gaming industry risk management clearinghouse
CN112700280A (en) * 2020-12-31 2021-04-23 上海竞动科技有限公司 Short-term discontinuous user behavior evaluation method and device

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* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6609120B1 (en) 1998-03-05 2003-08-19 American Management Systems, Inc. Decision management system which automatically searches for strategy components in a strategy
US6546545B1 (en) 1998-03-05 2003-04-08 American Management Systems, Inc. Versioning in a rules based decision management system
US6601034B1 (en) 1998-03-05 2003-07-29 American Management Systems, Inc. Decision management system which is cross-function, cross-industry and cross-platform
US7318046B1 (en) 1998-03-05 2008-01-08 American Management Systems, Inc. Collector's account payment promise option advisory apparatus and method
US8364578B1 (en) 1998-03-05 2013-01-29 Cgi Technologies And Solutions Inc. Simultaneous customer/account strategy execution in a decision management system
US6708155B1 (en) 1999-07-07 2004-03-16 American Management Systems, Inc. Decision management system with automated strategy optimization
US7006994B1 (en) 1999-07-16 2006-02-28 American Management Systems, Inc. Automated receivables management system
US7319971B2 (en) * 2001-01-31 2008-01-15 Corprofit Systems Pty Ltd System for managing risk
US8285615B2 (en) * 2001-03-20 2012-10-09 Goldman, Sachs & Co. Construction industry risk management clearinghouse
US7881995B2 (en) 2004-07-02 2011-02-01 Capital Tool Company Systems and methods for objective financing of assets
US8442953B2 (en) 2004-07-02 2013-05-14 Goldman, Sachs & Co. Method, system, apparatus, program code and means for determining a redundancy of information
US8996481B2 (en) 2004-07-02 2015-03-31 Goldman, Sach & Co. Method, system, apparatus, program code and means for identifying and extracting information
US8510300B2 (en) 2004-07-02 2013-08-13 Goldman, Sachs & Co. Systems and methods for managing information associated with legal, compliance and regulatory risk
US10248962B2 (en) 2013-04-08 2019-04-02 Oracle International Corporation Profitability simulator

Family Cites Families (7)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US4975840A (en) * 1988-06-17 1990-12-04 Lincoln National Risk Management, Inc. Method and apparatus for evaluating a potentially insurable risk
US5970479A (en) * 1992-05-29 1999-10-19 Swychco Infrastructure Services Pty. Ltd. Methods and apparatus relating to the formulation and trading of risk management contracts
US5611052A (en) * 1993-11-01 1997-03-11 The Golden 1 Credit Union Lender direct credit evaluation and loan processing system
US5812988A (en) * 1993-12-06 1998-09-22 Investments Analytic, Inc. Method and system for jointly estimating cash flows, simulated returns, risk measures and present values for a plurality of assets
US5797133A (en) * 1994-08-31 1998-08-18 Strategic Solutions Group, Inc Method for automatically determining the approval status of a potential borrower
US5809478A (en) * 1995-12-08 1998-09-15 Allstate Insurance Company Method for accessing and evaluating information for processing an application for insurance
US6078901A (en) * 1997-04-03 2000-06-20 Ching; Hugh Quantitative supply and demand model based on infinite spreadsheet

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US8843411B2 (en) 2001-03-20 2014-09-23 Goldman, Sachs & Co. Gaming industry risk management clearinghouse
CN112700280A (en) * 2020-12-31 2021-04-23 上海竞动科技有限公司 Short-term discontinuous user behavior evaluation method and device

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