ALEXANDRIA, Va., March 31 -- United States Patent no. 12,591,507, issued on March 31, was assigned to Wells Fargo Bank N.A. (San Francisco).

"Model lifecycle management" was invented by Kamalakar Busam (Waxhaw, N.C.), Rohit Chandramohan (West Windsor, N.J.), Shrikant Khaire (Charlotte, N.C.), Indira Korrapati (Charlotte, N.C.), Reuben Mathew (Lewisville, Texas), Kedharnath Parameswaran (Morganville, N.J.), Bharat Vishnuprasad Patel (Hillsborough, N.J.) and Ramachandhran Ganapathi Subrahmanian (East Windsor, N.J.).

According to the abstract* released by the U.S. Patent & Trademark Office: "An example computer system for implementing a lifecycle of a model can include: one or more processors; and non-transitory computer-readable storage med...