Using Commercial Share of Wallet to Rate Business Prospects
First Claim
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1. A method of rating business prospects, comprising:
- (a) modeling industry spending patterns using individual and aggregate corporate data, including financial statement data;
(b) estimating a commercial size of spending wallet of a company based on financial statement data of the company, total business spend of the company, and the model of industry spending patterns; and
(c) issuing a corporate rating based on the commercial size of spending wallet of the company.
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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. Research analysts can use CSoW/CSoSW to provide a comprehensive and robust indication of the business prospects of a rated company.
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16 Claims
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1. A method of rating business prospects, comprising:
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(a) modeling industry spending patterns using individual and aggregate corporate data, including financial statement data; (b) estimating a commercial size of spending wallet of a company based on financial statement data of the company, total business spend of the company, and the model of industry spending patterns; and (c) issuing a corporate rating based on the commercial size of spending wallet of the company. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8)
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9. A system for rating business prospects, comprising:
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a processor; and a memory in communication with the processor, the memory for storing a plurality of processing instructions for directing the processor to; model industry spending patterns using individual and aggregate corporate data, including financial statement data; estimate a commercial size of spending wallet of a company based on financial statement data of the company, total business spend of the company, and the model of industry spending patterns; and issue a corporate rating based on the commercial size of spending wallet of the company. - View Dependent Claims (10, 11, 12, 13, 14, 15, 16)
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Specification