Invention Grant
US07881993B2 System, method and computer product for optimal pricing of a financial product
有权
系统,方法和计算机产品,用于金融产品的最优定价
- Patent Title: System, method and computer product for optimal pricing of a financial product
- Patent Title (中): 系统,方法和计算机产品,用于金融产品的最优定价
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Application No.: US10814698Application Date: 2004-03-30
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Publication No.: US07881993B2Publication Date: 2011-02-01
- Inventor: Abhinanda Sarkar , Debasis Bal , Awadhesh Kumar
- Applicant: Abhinanda Sarkar , Debasis Bal , Awadhesh Kumar
- Applicant Address: US NY Niskayuna
- Assignee: General Electric Company
- Current Assignee: General Electric Company
- Current Assignee Address: US NY Niskayuna
- Agent Richard DeCristofaro
- Main IPC: G06Q40/00
- IPC: G06Q40/00

Abstract:
System, method and computer program product for optimal pricing of financial products. Data related to the financial product is extracted from at least one data source. A structured data file is generated from the data. The structured data file comprises a plurality of attributes and a plurality of price parameters related to the financial product. The plurality of price parameters comprise a price conversion probability measure and a business measure parameter associated with the financial product. Then, the optimal price associated with the financial product is estimated based on the plurality of attributes, the plurality of parameters, the price conversion probability measure and the business measure parameter.
Public/Granted literature
- US20050222926A1 System, method and computer product for optimal pricing of a financial product Public/Granted day:2005-10-06
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