Legacy risk
AssigneeFmr LLC
InventorChris Goolgasian
Life of this patent
Estimating the term…
Abstract
Data corresponding to a set of securities is identified. For each security in the set, data corresponding to a legacy risk contribution from a corresponding security in the set is identified. Data corresponding to a legacy risk of the entire set is identified based on the legacy risk contributions. The legacy risk is displayed.
Claims18
A computer-implemented method for assessing risk of securities, the method comprising:
- retrieving, from a machine-readable storage device, data corresponding to a portfolio of securities;
- identifying data corresponding to a legacy risk contribution of the portfolio of securities;
- computing, by a computing device, a legacy risk value of the set of securities based on the data corresponding to the legacy risk contribution;
- determining whether the legacy risk value exceeds a threshold value;
- and
- selling a portion of the portfolio of securities that causes a reduction in the legacy risk value of the portfolio of securities.
A computer program product, tangibly embodied in a machine-readable storage device, the computer program product including instructions that cause one or more computing devices to:
- retrieve, from a machine-readable storage device, data corresponding to a portfolio of securities;
- identify data corresponding to a legacy risk contribution of the portfolio of securities;
- compute, by a computing device, a legacy risk value of the set of securities based on the data corresponding to the legacy risk contribution;
- determine whether the legacy risk value exceeds a threshold value;
- if the legacy risk value exceeds the threshold value, selling a portion of the portfolio of securities that causes a reduction in the legacy risk value of the portfolio of securities;
- and
- receive a confirmation of selling the portion of the portfolio of securities.
A system for assessing risk of securities, the system comprising:
- a machine-readable storage device;
- and
- a data processor including:
- means for retrieving, from a machine-readable storage device, data from the data store corresponding to a portfolio of securities;
- means for identifying data from the machine-readable storage device corresponding to a legacy risk contribution of the portfolio of securities;
- means for computing a legacy risk value of the set of securities based on the data corresponding to the legacy risk contribution;
- means for determining whether the legacy risk value exceeds a threshold value;
- means for selling a portion of the portfolio of securities if the legacy risk value exceeds the threshold value;
- and
- means for receiving a confirmation of selling the portion of the portfolio of securities.
Dependencies are inferred from the claim text.