The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Aug. 10, 2010
Filed:
Oct. 17, 2002
Shinghoi Lee, West Windsor, NJ (US);
Peter Cotton, New York, NY (US);
Zhifeng Zhang, Princeton Junction, NJ (US);
Kin Pang, London, GB;
Shinghoi Lee, West Windsor, NJ (US);
Peter Cotton, New York, NY (US);
Zhifeng Zhang, Princeton Junction, NJ (US);
Kin Pang, London, GB;
Morgan Stanley, New York, NY (US);
Abstract
A system for modeling a basket of securities containing a plurality of securities is provided and includes a default/recovery model database for storing default/recovery data regarding the plurality of securities. Also included is a default simulation engine for calculating a default time for at least one of the plurality of securities based on the default/recovery data. Finally, a cash flow engine is included for generating cash flows for the basket of securities based on the default times.