DATA IN-DATA OUT PATENTS, 2013
January 1, 2013Total 705 Class patents issued: 112
Data In-Data Out patents: at the very least, 17
PATENT / DATA IN / DATA OUT
Method and system for predictive bill estimation based on financial data from similar users; US 8,346,568 B1; 1/1/2013; Class 705/1.1; 25 claims; assigned to Intuit Inc. / Financial data from one or more contributing consumers, at least part of the financial data representing recurring costs data; process involves aggregating, analyzing, and categorizing the data, and in response to a request by a consumer from a particular area, searching the aggregated data for data associated with the area, a specific event, or both. / The data resulting from the search.
Frip: So being told how your bills will likely fluctuate warrants a patent?
Mapping compliance information into useable format; US 6,122,635 C1; 1/1/2012; Class 705/4; 21 claims; assigned to Silicon Valley Bank. / Securities information from one or more database sources; process involves extracting compliance information related to a particular security. / Extracted compliance information.
Frip: Write a computer program, add another patent to your resume.
Systems and methods for using unmanned aerial vehicles; US 8,346,578 B1; 1/1/2012; Class 705/4; 11 claims; assigned to USAA. / Aerial image of a property; process involves determining an owner of the property, determining whether the owner is eligible to be a member of a financial institution, determining whether the owner has property insurance with the financial institution for the property type of the property in the aerial image, and presenting an offer for insurance to insure the property in the aerial image. / Offer of insurance.
Frip: Isn’t this carrying the drone thing a little too far?
Systems and methods for supporting extended pay date options on an insurance policy; US 8,346,579 B1; 1/1/2012; Class 705/4; 21 claims; assigned to USAA. / Customer request for multiple bank account withdrawals within a billing period; process involves identifying at least one insurance policy associated with the customer, and determining whether days of the month associated with the multiple bank account withdrawals are disallowed days for receiving recurring automatic payments for the insurance policy. / Determination of whether days are disallowed days.
Frip: And this involves more than just data in-data out in what way?
Project timeline visualization methods and systems; US 8,346,581 B2; 1/1/2012; Class 705/7; 20 claims; assigned to Exelis, Inc. / Electronic planning information associated with a project, the electronic planning information including at least one milestone associated with two or more phases of the project and occurring during the two or more phases. / Graphical representation that includes two or more bars corresponding to the two or more phases and a connection between the two or more bars corresponding to a time at which the milestone occurs.
Frip: The ol’ graphic rep patent.
Economic opportunity pursuit management and presentation generation; US 8,346,583 B2; 1/1/2012; Class 705/7.11; 16 claims; assigned to Wells Fargo Bank, N.A. / Information that relates to an investment banking opportunity; process includes a decision component that resolves a subset of the obtained information for use in generation of a presentation. / Presentation on the investment banking opportunity.
Frip: Patent on a power point presentation! This could be opening the flood gates for the power point warriors.
Customer-level macro business performance monitoring; 8,346,597 B2; 1/1/2012; Class 705/7.41; 24 claims; assigned to Bank of America Corporation. / Business performance metrics associated with a customer, the metrics being monitored on a continuous basis; process involves dynamically determining, based on the monitoring, one or more business-wide customer impact trends, and determining that one or more of the customer impact trends warrant a customer impact alert. / Customer impact alert.
Frip: Red Alert! Customer has had negative net income for the last five quarters!
Methods systems and computer program products for identifying suspect data of an electronic tax return; US 8,346,635 B1; 1/1/2013; Class 705/30; 37 claims; assigned to Intuit Inc. / First tax data and second tax data, which are used to prepare an electronic tax return with a tax preparation program; process involves selecting statistical data based at least in part upon the first tax data, and determining whether the second tax data is suspect data based at least in part on whether the second tax data satisfies pre-determined criteria relative to the selected statistical data. / An alert if the second tax data does not satisfy the pre-determined criteria.
Frip: Red Alert! Customer has supplied suspect data!
Systems and methods for processing transaction data to perform a merchant chargeback; US 8,346,638 B2; 1/1/2013; Class 705/35; 26 claims; assigned to Capital One Financial Corporation. / Transaction data reflecting purchase transactions associated with one or more financial accounts; process involves determining an expected value of each purchase transaction as if a respective purchase transaction is charged-back to a respective merchant, and indexing the expected value of each purchase transaction into a multi-dimensional matrix according to the transaction data parameters of each purchase transaction. / Subset of the purchase transactions for chargeback to a respective merchant in order of the priority.
Frip: Term like “multi-dimensional matrix” will get you a patent nine times out of ten.
Financial market replicator and simulator; US 8,346,646 B2; 1/1/2013; Class 705/36; 154 claims; assigned to Advanced Intellectual Property Group, LLC. / Data streams of real time financial market data from a variety of sources; process involves recording and replaying financial market data to simulate the real time financial market in a manner that represents substantially the entirety of information relating to the financial market. / Simulated market.
Frip: At last, a way to avoid loosing money (he said sarcastically).
Method and system for reconciling equity hedge funds; US 8,346,644 B2; 1/1/2013; Class 705/36R; 21 claims; assigned to The Hartford Fire Insurance Company. / Data on the balance of assets included in selected investment vehicles; the method involves identifying a liability balance associated with selected ones of the investment vehicles within different fund categories, identifying an asset balance associated with the value of equities in the account, and divesting a portion of selected investment vehicles when the asset balance is in violation of a known regulation with regard to the liability balance. / Rebalanced assets.
Frip: Add a little here, subtract a little there, and you’re as good as new.
Systems and methods relating to bond liquidity; US 8,346,647 B1; 1/1/2013; Class 705/36R; 14 claims; assigned to Barclays Capital Inc. / Price information for a plurality of bonds; process involves calculating a liquidity cost score for one or more bonds, the score calculation being based on data regarding quoted bid price and quoted ask price if a bond is a quoted bond, but based on a regression analysis if a bond is a non-quoted bond. / Liquidity cost score for bonds.
Frip: Thought that Quants were way beyond regression analysis by this time.
Methods and computer software applications for selecting securities for an investment portfolio; US 8,346,649 B2; 1/1/2013; Class 705/36R; 15 claims; assigned to First Trust Portfolios L.P. / Data regarding a plurality of securities of a determined universe of securities; process involves using growth factors and value factors to rank stocks and construct investment vehicles. / Securities portfolio.
Frip: You have to have money to make money. Confucius said that.
Computer system for processing data related to risks associated with financial instruments; US 8,346,650 B2; 1/1/2013; Class 705/36R; 20 claims; assigned to Hartford Fire Insurance Company. / Data related to financial products issued by a financial entity; process involves assessing the behavior of a financial product, modeling the risks associated with providing the financial product, assessing the market risks associated with providing the financial product by a derivative counterparty, and assuming, by a derivative counterparty, market risks associated with providing the financial product. / Assumption of market risks by a derivative counterparty.
Frip: Let that be a lesson to you.
System and method for displaying market information and order placement in an electronic trading environment; US 8,346,656 B2; 1/1/2013; Class 705/37; 18 claims; assigned to Trading Technologies International, Inc. / Market information. / Display of a price movement indicator at a location associated with a particular price level of a plurality of price levels of a dynamic price axis, and more.
Frip: TTI gets its weekly patent.
Aggregation of customer transaction data; US 8,346,661 B2; 1/1/2013; Class 705/39; 11 claims; assigned to Bank of America Corporation. / Customer transaction records with a first company and a second company; customer request for aggregated records. / Aggregated customer transaction records.
Frip: Is that “aggregated” or “aggravated”?
Method and system for modifying financial transaction categorization lists based on input from multiple users; US 8,346,664 B1; 1/1/2013; Class 705/42; 2 claims; assigned to Intuit Inc. / Modification, by a given user of a financial management system, of their own list of possible categorizations for a given financial transaction. / Modification and dissemination by the financial management system of a shared list of possible categorizations for a given financial transaction.
Frip: Share and share alike, eh?
January 8, 2013
Total 705 Class patents issued: 103
Data In-Data Out patents: at the very least, 16
PATENT / DATA IN / DATA OUT
Automatic income adjustment; US 8,352,294 B2; 1/8/2013; Class 705/4; 14 claims; assigned to Ameriprise Financial, Inc. / Market data associated with an investment product that specifies a first guaranteed annual withdrawal amount and a second guaranteed annual withdrawal amount, where the first amount is greater than the second amount; process involves automatic adjustment of the guaranteed annual withdrawal amount under certain conditions. / Adjusted withdrawal amount.
Frip: Shouldn’t a “guaranteed” annual withdrawal amount be non-adjustable?
Insurance premium gap analysis; US 8,352,295 B1; 1/8/2013; Class 705/4; 20 claims; assigned to Allstate Insurance Company. / Insurance data by geographic area; process involves calculating a total estimated expenditure on insurance by zip code, an estimated market share for an insurance provider by zip code, a year-to-date sale-to-quote ratio by zip code, and finally the amount of premiums, policies, or quotations needed to achieve a market share in a zip code. / Amount of premiums, policies, or quotations needed to achieve a market share in a zip code.
Frip: Marketing 101.
Pre-authorization of a transaction using predictive modeling; US 8,352,315 B2; 1/8/2013; Class 705/14.1; 22 claims; assigned to Visa International Service Association. / Data corresponding to previous transactions involving payment from one or more accounts of a consumer; process involves predicting future transactions from past transactions. / Token authorizing a specific future transaction.
Frip: Visa knows you’re gonna pay a bill before you know it. Scary.
Bankruptcy relief calculator; US 8,352,339 B2; 1/8/2013; Class 705/35; 22 claims; assigned to Bank of America Corporation. / Historical statistics on bankruptcy filings; information about the collateral and depreciation of the collateral; process involves making an estimate of depreciation saved by the filing and comparing that estimate to the cost of a filing. / Recommendation as to whether to file for relief or to wait for the bankruptcy to be discharged in its normal course.
Frip: BofA wants its money NOW!
Method and system for determining fees for deposits allocated over a plurality of deposit institutions; US 8,352,342 B1; 1/8/2013; Class 705/35; 11 claims; assigned to Island Intellectual Property LLC. / Aggregated account information for one or more FDIC-insured and interest-bearing aggregated deposit accounts held in one or more deposit institutions; client account information; process involves determining account interest, fees, and stuff. / Account fees.
Frip: Trying to out-maneuver the FDIC? Good luck, those guys and gals are pretty smart.
Using commercial share of wallet to compile marketing company lists; US 8,352,343 B2; 1/8/2013; Class 705/35; 20 claims; assigned to American Express Travel Related Services Company Inc. / Individual and aggregated customer data for a plurality of different customers, the data including, for example, time series tradeline data, business financial statement data, business or consumer panel data, and internal customer data; process involves commercial size of spending wallet and commercial share of wallet analysis, and the modeling of consumer and business spending patterns. / Models and stuff.
Frip: Amex with more share of wallet stuff.
Reducing accounting volatility and risk; US 8,352,351 B1; 1/8/2013; Class 705/36; 23 claims; assigned to Concept Hedging, LLC. / Market data; terms of a contract, the terms including a specification of at least one measure of a variation in a rate of return corresponding to a return on an investment portfolio, a contract rate of return on an investment associated with the investment portfolio, and a variable speed of adjustment factor used in determining the contract rate of return. / Determined contract rate of return and determined contract value.
Frip: When you get into the hedging world, you get into some strange stuff.
Stock name search device, stock name search method, and information storage medium; US 8,352,345 B2; 1/8/2013; Class 705/36R; 7 claims; assigned to Konami Digital Entertainment Co., Ltd. (Japan). / User trend data over a target time period; reference trend data defined as data with reference to a stock price chart; process involves calculating similarities between the user trend data and the reference trend data, and somehow relating that to particular stock names. / Information concerning the selected stock names.
Frip: Maybe it sounded better in Japanese.
Systems and methods for providing investment performance data to investors; US 8,352,346 B2; 1/8/2013; Class 705/36R; 105 claims. / Investment data of a group of investors; process involves generating investor scores. / Performance index to provide a measure of performance of top individual investors over time relative to a market index.
Frip: With home addresses maybe?
Investment classification and tracking system using diamond ratings; US 8,352,347 B2; 1/8/2013; Class 705/36R; 23 claims; assigned to AthenaInvest, Inc. / Information on investment managers and funds following various investment strategies; process involves determining a number or score for performance measures and strategy classifications. / In one configuration, an extent to which a security or manager is outperforming or attempting to outperform a benchmark and how successful the security or manager has been based on historic performance data.