US Patent Issued to ROYAL BANK OF CANADA on March 24 for "System and method for efficient estimation of cumulative distribution function" (Canadian Inventors)

ALEXANDRIA, Va., March 24 -- United States Patent no. 12,585,957, issued on March 24, was assigned to ROYAL BANK OF CANADA (Toronto).

"System and method for efficient estimation of cumulative distribution function" was invented by Chandramouli Shama Sastry (Halifax, Canada), Alexander Radomir Branislav Radovic (Toronto), Marcus Anthony Brubaker (Toronto) and Andreas Steffen Michael Lehrmann (Vancouver, Canada).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented system and method for estimating a Cumulative Distribution Function (CDF) are provided. The method includes: receive input data representing a volume V of a target space indicating a future target event; compute, using the trained neu...