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US Patent 7398242 Risk stripping system and method

Patent 7398242 was granted and assigned to UBS (CRM&Web-sites) on July, 2008 by the United States Patent and Trademark Office.

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Patent
Patent

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Current Assignee
UBS (CRM&Web-sites)
UBS (CRM&Web-sites)
Patent Jurisdiction
United States Patent and Trademark Office
United States Patent and Trademark Office
Patent Number
7398242
Date of Patent
July 8, 2008
Patent Application Number
09891183
Date Filed
June 25, 2001
Patent Primary Examiner
‌
Mary Cheung
Patent abstract

A method is provided for managing risk associated with at least one financial transaction wherein each of the at least one financial transactions having at least a first risk factor and a second risk factor. The method includes a first step of receiving one of the at least one financial transactions. Next, in a second step, the first risk factor is transferred to a first risk book. The second risk factor is then transferred to a second risk book, in a third step. Next, in a fourth step, another of the at least one financial transactions is received. Finally, the second through fourth steps are repeated for each of the at least one financial transactions.

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