Method and apparatus for renting, customizing, and delivering risk and/or volatility products
OwnerFreeman Jacksoninventor
Life of this patent
Estimating the term…
Abstract
According to a computer-implemented approach for renting, customizing, manufacturing, intermediating, and delivering risk and volatility product to customers, customers specify what risk or volatility product to rent using a plurality of risk and/or product selection parameters. According to the approach, customers provide a plurality of risk and/or volatility product selection parameters to a provider provides the risk and volatility product indicated by the plurality of risk and/or volatility product selection parameters to customer over a delivery channel. The risk and/or volatility product provider may be either centralized or distributed depending upon the requirements of a particular application.
Claims80
A method for renting, manufacturing, intermediating, and delivering risk and/or volatility products to customers, the method comprising the computer-implemented steps of:
- receiving a one or risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products that a customer desires to rent;
- providing to the customer the one or risk and/or volatility product selection criteria indicated by the one or more risk and/or volatility product selection criteria;
- manufacturing a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to a one or more producers;
- intermediating a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to a one or more producers;
- delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel;
- in response to receiving any of the one or risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products, providing to the customer the one or risk and/or volatility product selection criteria indicated by the one or risk and/or volatility product selection criteria, manufacturing a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to the one or more producers, delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel, wherein a total current one or more risk and/or volatility products provided to the customer does not exceed a specified time limit.
A computer-readable medium for renting, manufacturing, and delivering risk and/or volatility products to customers, the computer-readable medium carrying one or more sequences of one or more instructions which, when executed by one or more processors, cause the one or more processors to perform the computer-implemented steps of:
- receiving a one or risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products that a customer desires to rent;
- providing to the customer the one or risk and/or volatility product selection criteria indicated by the one or more risk and/or volatility product selection criteria;
- manufacturing a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to a one or more producers;
- intermediating a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to a one or more producers;
- delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel;
- in response to receiving any of the one or risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products, providing to the customer the one or risk and/or volatility product selection criteria indicated by the one or risk and/or volatility product selection criteria, manufacturing a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to the one or more producers, delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel, wherein the one or more risk and/or volatility products provided to the customer can only be used for a specified time limit.
A computer-readable medium as recited in claim 8, wherein applying the one or risk and/or volatility product selection criteria to one or more producers comprises manufacturing a specified number of risk and/or volatility products indicated by the customer's order.
An apparatus for renting, manufacturing, and delivering risk and/or volatility products to customers comprising:
- one or more processors;
- and
- a memory communicatively coupled to the one or more processors, the memory including one or more sequences of one or more instructions which, when executed by the one or more processors, cause the one or more processors to perform the steps of:
- receiving a one or risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products that a customer desires to rent;
- providing to the customer the one or risk and/or volatility product selection criteria indicated by the one or more risk and/or volatility product selection criteria;
- manufacturing a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to a one or more producers;
- delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel;
- in response to receiving any of the one or risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products, providing to the customer the one or risk and/or volatility product selection criteria indicated by the one or risk and/or volatility product selection criteria, manufacturing a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to the one or more producers, delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel, wherein a total current one or more risk and/or volatility products provided to the customer does not exceed a specified time limit.
An apparatus as recited in claim 32, wherein the one or more risk and/or volatility products provided to the customer can only be used for a specified time limit.
An apparatus as recited in claim 32, further comprising in response to a specified fee being received, the specified time limit is increased for another specified limit.
An apparatus as recited in claim 51, wherein applying the one or risk and/or volatility product selection criteria to one or more producers comprises manufacturing a specified number of risk and/or volatility products indicated by the customer's order.
An apparatus for renting, manufacturing, and delivering risk and/or volatility products to customers comprising a risk and/or volatility product rental mechanism configured to:
- receive a one or risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products that a customer desires to rent;
- provide to the customer the one or risk and/or volatility product selection criteria indicated by the one or more risk and/or volatility product selection criteria;
- manufacture a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to a one or more producers;
- intermediating the one or more risk and/or volatility products by the one or more producers over a delivery channel;
- deliver the one or more risk and/or volatility products by the one or more producers over a delivery channel;
- in response to receiving any of the one or risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products, providing to the customer the one or risk and/or volatility product selection criteria indicated by the one or risk and/or volatility product selection criteria, manufacturing a one or more risk and/or volatility products by applying the one or risk and/or volatility product selection criteria to the one or more producers, delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel, wherein a total current one or more risk and/or volatility products provided to the customer does not exceed a specified time limit.
A computer-readable medium for renting, manufacturing, and delivering risk and/or volatility products to customers, the computer-readable medium carrying one or more sequences of one or more instructions which, when executed by one or more processors, cause the one or more processors to perform the computer-implemented steps of:
- receiving a one or more of risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products that a customer desires to rent;
- providing to the customer the one or more of risk and/or volatility product selection criteria indicated by the one or more risk and/or volatility product selection criteria;
- manufacturing a one or more risk and/or volatility products by applying the one or more of risk and/or volatility product selection criteria to a one or more producers;
- intermediating a one or more risk and/or volatility products by applying the one or more of risk and/or volatility product selection criteria to a one or more producers;
- delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel;
- in response to receiving any of the one or more of risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products, providing to the customer the one or more of risk and/or volatility product selection criteria indicated by the one or more of risk and/or volatility product selection criteria, manufacturing a one or more risk and/or volatility products by applying the one or more of risk and/or volatility product selection criteria to the one or more producers, delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel, wherein a total current one or more risk and/or volatility products provided to the customer does not exceed a specified time limit.
The computer-readable medium in claim 68 further comprising receiving said selected option from the consumer to the one or more producers.
A computer-readable medium for renting, manufacturing, and delivering risk and/or volatility products to customers, the computer-readable medium carrying one or more sequences of one or more instructions which, when executed by one or more processors, cause the one or more processors to perform the computer-implemented steps of:
- receiving a one or more of risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products that a customer desires to rent;
- providing to the customer the one or more of risk and/or volatility product selection criteria indicated by the one or more risk and/or volatility product selection criteria;
- manufacturing a one or more risk and/or volatility products by applying the one or more of risk and/or volatility product selection criteria to a one or more producers;
- intermediating the one or more risk and/or volatility products by the one or more producers over a delivery channel;
- delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel;
- in response to receiving any of the one or more of risk and/or volatility product selection criteria that indicates one or more risk and/or volatility products, providing to the customer the one or more of risk and/or volatility product selection criteria indicated by the one or more of risk and/or volatility product selection criteria, manufacturing a one or more risk and/or volatility products by applying the one or more of risk and/or volatility product selection criteria to the one or more producers, delivering the one or more risk and/or volatility products by the one or more producers over a delivery channel, wherein a total current one or more risk and/or volatility products provided to the customer does not exceed a specified time limit.
Dependencies are inferred from the claim text.