Patented Financial and Insurance Risk Analysis Technology for Sale by ICAP Patent Brokerage

Jun 17, 2013, 08:40 ET from ICAP Patent Brokerage

CHICAGO, June 17, 2013 /PRNewswire/ -- ICAP Patent Brokerage announces for sale a computer-based system and method for pricing financial and insurance risks from Risk Lighthouse, LLC. This IP package will be included in the upcoming sealed bid event taking place on September 26, 2013. Bids for this lot will be accepted starting September 24 through September 26.


"We are excited to offer this innovative risk analysis tool to our global base of buyers. This portfolio is highly relevant to large financial institutions as the analytic procedures offered are embedded in the computer languages and software such firms rely on to understand and price risk," says Dean Becker, CEO of ICAP Patent Brokerage.

Key Characteristics & Benefits
The portfolio for sale includes a computer-implemented method and computer-readable medium for pricing financial and insurance risks. The invented method can be used to quantify the uncertainty of a variable within historically-known or computer-generated distributions of outcomes. This allows portfolio managers to price, on a risk-adjusted basis, any traded or underwritten risk vehicle with these probability distributions.

The invention can also be used to objectively assess the relative value of traded portfolios, and to assist the underwriting selection of managed accounts. The popular Wang Transform risk adjustment formula, which is core to this invention, is currently part of automated risk models that many large financial institutions incorporate into risk software. The highly applicable nature of this portfolio is relevant to large financial institutions, banks, exchanges, and insurance and reinsurance companies.

See this technical description of the financial and insurance risk analysis IP sales offering.

To learn more about the assets available for sale in this portfolio or to place a bid:
Contact Tim Schnurr of ICAP Patent Brokerage at (212) 815-6693 or via email at

Visit our website to make a patent submission for an upcoming sealed bid event.

Follow us on Twitter (@ICAP_Auction_IP) and join our LinkedIn group.

About ICAP Patent Brokerage
ICAP Patent Brokerage is a division of ICAP plc and the world's largest intellectual property brokerage and patent auction firm.

About ICAP
ICAP is the world's leading interdealer broker and provider of post trade risk and information services. The Group matches buyers and sellers in the wholesale markets in interest rates, credit, commodities, FX, emerging markets and equity derivatives through voice and electronic networks. Through our post trade risk and information services we help our customers manage and mitigate risks in their portfolios. For more information, go to

SOURCE ICAP Patent Brokerage