System and method of risk transfer and risk diversification including means to assure with assurance of timely payment and segregation of the interests of capital

Patent 5704045 Issued on December 30, 1997. Estimated Expiration Date:

January 9, 2015. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

Abstract Claims Description Full Text

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Inventors

Application

No. 370060 filed on 01/09/1995

US Classes:

705/35, Finance (e.g., banking, investment or credit)705/38Credit (risk) processing or loan processing (e.g., mortgage)

Examiners

Primary: Trammell, James P.

Attorney, Agent or Firm

Squire; William

International Class

G06F 017/00

Abstract

A system and method of accepting risk through contractual obligations transfers a portion of the risk to investors and includes means for absolute assurance of timely payment to contract holders, and segregation, of the interests of particular investors to specifically identified risks in a risk to capital matching system. The system creates separate ledgers and segregated reserves to tailor particular products for specific needs including transferring difficult to place risks. The system creates agreements which promise payments, based on loss from risks including investment risks. Data processing provides legally segregated relationship management links, supervising and balancing the interests of professionals in a risk transfer and diversification system.