Invention Grant
- Patent Title: Predicting economic conditions
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Application No.: US15146345Application Date: 2016-05-04
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Publication No.: US09639897B2Publication Date: 2017-05-02
- Inventor: Timothy J. Bendel , Mark V. Krein , David N. Joffe , Sandi Setiawan , William Anthony Nobili , David Joa
- Applicant: Bank of America Corporation
- Applicant Address: US NC Charlotte
- Assignee: Bank of America Corporation
- Current Assignee: Bank of America Corporation
- Current Assignee Address: US NC Charlotte
- Agency: Banner & Witcoff, Ltd.
- Agent Michael A. Springs
- Main IPC: G06Q40/06
- IPC: G06Q40/06 ; G06Q10/04 ; G06Q30/02

Abstract:
Computer-implemented methods for identifying or assessing any type of risk and/or opportunity that may arise can include either, alone or in combination, band pass filtering, principal component analysis, random matrix theory analysis, synchronization analysis, and early-warning detection. Each technique can also be viewed as a process that takes a set of inputs and converts it to a set of outputs. These outputs can be used as inputs for a subsequent process or the outputs may be directly actionable for formulating certain economic predictions to make certain decisions.
Public/Granted literature
- US20160247234A1 Predicting Economic Conditions Public/Granted day:2016-08-25
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