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US 2006/0143115 A1Published application
Enterprise risk management system
OwnerJeffrey Ederinventor
Life of this patent
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Abstract
A method and system (100) for identifying, measuring and managing the risk associated with a commercial enterprise.
Claims20
A risk method, comprising:
- aggregating data from a plurality of management systems for a commercial enterprise, identifying a plurality of risks that may have an impact on a financial performance of said enterprise by analyzing at least a portion of said data, and
- completing a series of tasks related to said risks where the tasks are selected from the group consisting of measuring said risks, identifying an optimal set of risk transfer transactions, identifying an optimal mode for operating one or more risk management control programs, completing an optimal set of risk transfer transactions, reporting said risks and combinations thereof
- where a plurality of risks further comprise event risks and risks selected from the group consisting of contingent liabilities, strategic risks, variability risks, volatility and combinations thereof.
A computer readable medium having sequences of instructions stored therein, which when executed cause the processor in a computer to perform a risk method, comprising:
- aggregating data from a plurality of management systems for a commercial enterprise, developing a model of enterprise financial performance by segment of value using said data;
- and
- quantifying a plurality of risks that have an impact on the financial performance of said enterprise using said model
- where the segments of value are selected from the group consisting of current operation, real option, derivative, investment, market sentiment and combinations thereof.
1 more element
A risk system, comprising:
- networked computers each with a processor having circuitry to execute instructions;
- a storage device available to each processor with sequences of instructions stored therein, which when executed cause the processors to:
- aggregate data from a plurality of management systems for a plurality of commercial enterprise customers,
- develop a model of enterprise financial performance by segment of value for each customer using said data;
- quantify a plurality of risks that have an impact on the financial performance of each enterprise using said model
- obtain a set of regulatory requirements and a plurality of performance data for a risk transfer operation,
- generate a plurality of scenarios for a risk transfer operation performance using the performance data, regulatory requirements and quantified customer risk data;
- and
- identify and display an optimal mode for risk transfer operation under each scenario.
6 more elements
A method for optimizing the operation of a risk transfer organization, comprising:
- obtaining a plurality of data that define external market conditions, reserve requirements and financial performance for a plurality of customers for a risk transfer operation, and
- identifying an optimal mode for risk transfer operation wherein the optimal mode for risk transfer operation specifies a set of actions selected from the group consisting of changing one or more contingent capital contracts, purchasing one or more contingent capital contracts, changing a duration for one or more investments, changing an investment mix, adding one or more risk transfer products, changing one or more risk transfer product specification, changing one or more risk transfer product prices, changing one or more reserve levels, completing an optimal set of risk transfer transactions for each customer and combinations thereof that will optimize risk transfer operation financial performance.
Dependencies are inferred from the claim text.