CASH FLOW RATING SYSTEM
First Claim
1. An apparatus, comprising:
- at least one processor; and
a memory that stores instructions which, when executed by the at least one processor, directs the at least one processor to;
receive information about a debt instrument portfolio comprising one or more debt instruments, the information comprising, for each debt instrument, a price associated with the debt instrument in a database electronically coupled to the at least one processor;
determine a current value for each of the one or more debt instruments;
determine a payment schedule for each of the one or more debt instruments, each payment schedule comprising one or more payments, each payment schedule correlating a series of payment amounts with respective scheduled times of payment;
determine a probability of payment for the one or more payments for each of the one or more debt instruments;
after determining a probability of payment for the one or more payments for each of the one or more debt instruments, determine a portfolio cash flow rating of the debt instrument portfolio based on;
(1) the current value of each of the one or more debt instruments; and
(2) the probability of payment for the one or more payments of each debt instrument; and
output the portfolio cash flow rating to an output device electronically coupled to the at least one processor.
1 Assignment
0 Petitions
Accused Products
Abstract
Methods and systems are provided herewith for rating a likelihood of payment of one or more cash flows. A computing device determines a probability of payment for one or more scheduled payments for each of one or more debt instruments in a debt instrument portfolio. The computing device may also determine a portfolio cash flow rating of the debt instrument portfolio based on the quantity and purchase price associated with each of the one or more debt instruments, the probability of payment for the one or more payments, a current market price of each of the one or more debt instruments, a net present expected value of the one or more payments in the payment schedule for each of the one or more debt instruments, and/or a credit rating of one or more issuers associated with the debt instruments.
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Citations
42 Claims
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1. An apparatus, comprising:
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at least one processor; and a memory that stores instructions which, when executed by the at least one processor, directs the at least one processor to; receive information about a debt instrument portfolio comprising one or more debt instruments, the information comprising, for each debt instrument, a price associated with the debt instrument in a database electronically coupled to the at least one processor; determine a current value for each of the one or more debt instruments; determine a payment schedule for each of the one or more debt instruments, each payment schedule comprising one or more payments, each payment schedule correlating a series of payment amounts with respective scheduled times of payment; determine a probability of payment for the one or more payments for each of the one or more debt instruments; after determining a probability of payment for the one or more payments for each of the one or more debt instruments, determine a portfolio cash flow rating of the debt instrument portfolio based on; (1) the current value of each of the one or more debt instruments; and (2) the probability of payment for the one or more payments of each debt instrument; and output the portfolio cash flow rating to an output device electronically coupled to the at least one processor. - View Dependent Claims (2, 4, 5, 6, 8, 9, 10, 11, 14, 17, 18, 22)
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3. (canceled)
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7. (canceled)
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12-13. -13. (canceled)
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15-16. -16. (canceled)
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19-21. -21. (canceled)
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23-32. -32. (canceled)
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33. A method, comprising:
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receiving by at least one processor a request to determine a cash flow rating of a debt instrument; determining by the at least one processor a purchase price of the debt instrument; determining by the at least one processor a current market price of the debt instrument and a payment schedule comprising one or more payments on the debt instrument; determining by the at least one processor a probability of payment of the one or more payments based on one or more financial conditions associated with an issuer of the debt instrument; and causing by the at least one processor a display of (1) a plurality of amounts between zero and a total net present value of the one or more payments, in sequential order, and (2) a rating indicating a probability that each of the plurality of amounts will be received in connection with the debt instrument. - View Dependent Claims (34)
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35-37. -37. (canceled)
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38. An apparatus, comprising:
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at least one processor; and a memory that stores instructions which, when executed by the at least one processor, directs the at least one processor to; receive information about a debt instrument portfolio comprising one or more debt instruments, the information comprising, for each debt instrument, a price associated with the debt instrument in a database electronically coupled to the at least one processor; determine a payment schedule for each of the one or more debt instruments, each payment schedule comprising one or more payments, each payment schedule correlating a series of payment amounts with respective scheduled times of payment; determine a probability of payment for the one or more payments for each of the one or more debt instruments; determine a portfolio cash flow rating of the debt instrument portfolio based on; (1) the price of each debt instrument; and (2) the probability of payment for the one or more payments of each debt instrument; and output the portfolio cash flow rating to an output device electronically coupled to the at least one processor. - View Dependent Claims (39, 40)
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41. An apparatus, comprising:
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at least one processor; and a memory that stores instructions which, when executed by the processor, directs the at least one processor to; receive a price of a debt instrument; store the price in a database electronically coupled to the at least one processor; determine a payment schedule for each of the one or more debt instruments, each payment schedule comprising one or more payments, each payment schedule correlating a series of payment amounts with respective scheduled times of payment; determine a probability of payment for the one or more payments for each of the one or more debt instruments; determine a portfolio cash flow rating of the debt instrument portfolio based on at least; (1) the price of the debt instrument; (2) the probability of payment of the debt instrument; and output the portfolio cash flow rating to an output device. - View Dependent Claims (42)
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Specification