Shrikant Dash

US Patent:

20130103570, Apr 25, 2013

Filed:

Oct 21, 2011

Appl. No.:

13/278643

Inventors:

HongQi Shi - Hawthorn Woods IL, US
Shrikant Dash - Lincolnshire IL, US
Vaibhav Bhatt - Chicago IL, US

Assignee:

Discover Financial Services - Riverwoods IL

International Classification:

G06Q 40/00

US Classification:

705 38

Abstract:

Electronic modeling of long-term historical financial credit performance of a consumer is described. A plurality of historical time periods originating from an observation point in time occurring in the past are established and a plurality of past credit performance snapshots for a sample consumer population are obtained. A credit risk management computer system computes a credit quality index for each of the past credit performance snapshots of the sample population and for a recent credit performance snapshot of the consumer. An overall credit quality index for the sample population spanning the plurality of historical time periods is likewise computed and a prediction of an overall credit quality index for the consumer spanning the plurality of historical time periods is made.