US Patent Issued to S&P Global on May 19 for "Quantum rating framework" (British, American Inventors)

ALEXANDRIA, Va., May 19 -- United States Patent no. 12,632,813, issued on May 19, was assigned to S&P Global Inc. (New York).

"Quantum rating framework" was invented by Yili Zhang (Logan, Utah), Jia Zhao (Logan, Utah), Giles Thompson (London), Lapo Guadagnuolo (London) and Marcus Isaac Daley (Provo, Utah).

According to the abstract* released by the U.S. Patent & Trademark Office: "A computer-implemented method for calculating risk is provided. The method comprises receiving, at a first time, respective deterministic values for a number of factors. Over an evolution time interval starting at the first time, respective stochastic quantum values are generated for each factor from the deterministic values. Each factor is represented by a resp...