Using commercial share of wallet to rate investments
First Claim
1. A method of rating an investment fund, comprising:
- (a) identifying companies in which the fund has likely invested;
(b) modeling industry spending patterns using individual and aggregate corporate data, including financial statement data;
(c) for each identified company, estimating a commercial size of spending wallet of the company based on financial statement data of the company, total business spend of the company, and the model of industry spending patterns; and
(d) providing a rating for the fund based on the commercial size of spending wallet of the identified companies.
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Accused Products
Abstract
Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company'"'"'s spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund'"'"'s portfolio.
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Citations
5 Claims
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1. A method of rating an investment fund, comprising:
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(a) identifying companies in which the fund has likely invested;
(b) modeling industry spending patterns using individual and aggregate corporate data, including financial statement data;
(c) for each identified company, estimating a commercial size of spending wallet of the company based on financial statement data of the company, total business spend of the company, and the model of industry spending patterns; and
(d) providing a rating for the fund based on the commercial size of spending wallet of the identified companies. - View Dependent Claims (2, 3)
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4. A computer-based system for rating an investment fund, comprising:
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a processor; and
a memory in communication with the processor for storing a plurality of instructions for directing the processor to identify companies in which the fund has likely invested;
model industry spending patterns using individual and aggregate corporate data, including financial statement data;
for each identified company, estimate a commercial size of spending wallet of the company based on financial statement data of the company, total business spend of the company, and the model of industry spending patterns; and
provide a rating for the fund based on the commercial size of spending wallet of the identified companies. - View Dependent Claims (5)
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Specification