U.S. Patents Awarded to Inventors in Illinois (Dec. 7)
| Targeted News Service |
***
Qualcomm Assigned Patent
The abstract of the patent published by the U.S. Patent and Trademark Office states: "To perform erasure detection for an intermittently active transport channel with unknown format, a receiver determines an energy metric and a symbol error rate (SER) for a received block with CRC failure. The receiver computes uncorrelated random variables u and v for the received block based on the energy metric and SER, the estimated means and standard deviations of the energy metric and SER, and a correlation coefficient indicative of the correlation between the energy metric and SER. The receiver then evaluates the uncorrelated random variables u and v based on at least one decision criterion and declares the received block to be an erased block or a DTX block based on the result of the evaluation. The decision criterion may be defined based on a target probability of false alarm and adjusted based on another metric, such as a zero state bit, for the received block."
The patent application was filed on
Written by Satyaban Rath; edited by
***
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A method of calculating the cost saving for producing a metallic component by the use of a powder metal process is provided. The method includes the steps of analyzing the current production method of the component, usually machining, to determine the current unit cost. The customer would agree to purchase an agreed supply of components for an agreed period of time. The production of the component utilizing powder metal process is then analyzed to determine the powder metal unit cost. The savings for production of the component utilizing the powder metal process is then presented to the customer. The customer would, then agree to purchase an agreed supply of components."
The patent application was filed on
Written by Ruby Maibam; edited by
***
Chicago Mercantile Exchange Assigned Patent for System and Method for Asymmetric Offsets in a Risk Management System
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A system and method for using asymmetrical offsets for products in a risk management analysis system are disclosed. Conventional systems assign symmetrical offsets for products, that is, if two products have an 80% correlation they each would be assigned an offset of 80% with respect to each other. However, it is desirable to allow for asymmetrical offsets. In the disclosed system and method, when two products have a correlation of 80%, one may be assigned an offset of 75% and the other may be assigned an offset of 80%. There are many reasons to vary the offset between the products. The varying offset may reflect an asymmetry in the risk in one of the products, such as being traded in an illiquid market or in a less desirable venue. The varying offset may correct for an imbalance in spread credits due to special charges from intra spreading."
The patent application was filed on
Written by Ruby Maibam; edited by
***
Chicago Mercantile Exchange Assigned Patent
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A risk management system and method is disclosed which utilizes a flexible and configurable set of spreading techniques which may be incorporated into existing risk management software to enhance functionality, flexibility and accuracy. In the disclosed embodiments, multiple different types of spreading are combined to allow for a more accurate assessment of risk. In one exemplary embodiment, a subset of the derivative products held by a futures trader are first analyzed by the scanning based spreading methodology. Typically, futures products in the same class of products (e.g. equity futures or agricultural futures) would be analyzed together by the scanning based spreading methodology. Then an average delta would be calculated for that subset. Using that delta, that subset would then be analyzed in relation to the remaining derivative products (not in the subset) using a delta based spreading methodology. The delta for the subset could be computed in a variety of ways including scaling the deltas for each product, tying the delta to a fixed time period or other methods."
The patent application was filed on
Written by Ruby Maibam; edited by
***
HyperQuest Assigned Patent
The abstract of the patent published by the U.S. Patent and Trademark Office states: "Described are computer-based methods and apparatuses, including computer program products, for automation of auditing claims. Data indicative of a vehicle make and model is received, the data comprising one or more make fields and one or more model fields. The one or more model fields are prepared for translation. The one or more make fields are prepared for translation by applying one or more rules from the plurality of rules. Each field of the one or more make fields is associated with one or more make model entries from a plurality of predetermined make model entries. Each field of the one or more model fields is associated with one or more make model entries from the plurality of predetermined make model entries. The data is automatically translated into one or more vehicle identifiers based on the associated make model entries."
The patent application was filed on
Written by Ruby Maibam; edited by
***
JPMorgan Chase Bank Assigned Patent
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A method and system is disclosed for enabling the accurate determination of price points (APRs), credit limits, and other discretionary levels for each cardholder that maximize Net Present Value (NPV) for the portfolio, given constraints on quantities such as risk of default. In accordance with one embodiment, the present invention uses a Markov Decision Process (MDP) methodology to generate a simplified transition matrix representative of the potential state transitions for account holders. This model applies account level historical information on purchases, payments, profitability and delinquency risk to make these decisions. In addition, a data structure is disclosed constructed to implement a transition matrix computationally in different sizes."
The patent application was filed on
Written by Ruby Maibam; edited by
***
Caterpillar Assigned Patent for Method and System for Pre-processing Data Using the Mahalanobis Distance
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A computer-implemented method for pre-processing data. The method may include detecting one or more erroneous vectors in a plurality of vectors, detecting one or more erroneous elements in the one or more erroneous vectors, and deleting the detected one or more erroneous elements. The method may also include detecting one or more missing elements in the plurality of vectors. Further, the method may include populating one or more offending vectors that include one or more missing elements and/or deleted erroneous elements with one or more elements that are based on a distance metric."
The patent application was filed on
Written by
***
Caterpillar Assigned Patent
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A life indicator for a component of a machine is disclosed. The life indicator includes at least one sensor operably associated with the machine and configured to sense a property associated with the machine. The sensor is configured to output the sensed property as a data signal. The life indicator also includes a memory element having a first data structure that determines a damage factor for the component of the machine based at least in part on the data signal received from the at least one sensor. A processor executes the first data structure to determine the damage factor."
The patent application was filed on
Written by
***
Trading Technologies International Assigned Patent
The abstract of the patent published by the U.S. Patent and Trademark Office states: "System and methods for a connection proxy server are described. According to an example method described herein, a connection proxy server stores subscription, product tables as well as other downloads that are provided to a client terminal during initialization stage as well as later during a trading session. Upon detecting that a connection between the client terminal and a gateway is lost, the connection proxy maintains a communication session created for the client terminal at the gateway and receives data intended for the client terminal. If the connection is re-established between the client terminal and the gateway during a predetermined period of time, the connection proxy provides the stored data to the client terminal thus avoiding a surge in processing resources at the gateway due to the necessary downloads."
The patent application was filed on
Written by
***
Motorola Mobility Assigned Patent
The patent application was filed on
Written by
***
BSP Software Assigned Patent
The abstract of the patent published by the U.S. Patent and Trademark Office states: "A metadata management system is described for a business intelligence architecture having a metadata repository for content that defines a user environment of the business intelligence architecture. The metadata management system includes a user interface generator to display information regarding a plurality of objects in the metadata repository and to facilitate selection of a group of the plurality of objects, a content editor to evaluate the content stored in the metadata repository for each object of the selected group and to modify in a batch job the content for each object of the selected group for storage of the modified content in the metadata repository, and a communication manager to issue instructions for the storage of the modified content in the metadata repository, the instructions being configured in accordance with a communication protocol of the business intelligence architecture utilized to control the metadata repository." The patent application was filed on
Written by
***
Cisco Technology Assigned Patent for Powered Device Classification in a Wired Data Telecommunications Network
The abstract of the patent published by the U.S. Patent and Trademark Office states: "In a wired data telecommunication network power sourcing equipment (PSE) coupled to a powered device (PD) carries out an inline power discovery process to verify that the PD is adapted to receive inline power, then a plurality of classification cycles are carried out to convey a series of inline power classes back to the PSE. The series of inline power classes may all be the same, in which case the PD is legacy equipment and is adapted to receive the power level corresponding to that class. If they are not all the same, information is thus conveyed to the PSE which may, for example, correspond to a specific power level to be applied or to other information."
The patent application was filed on
Written by
For more information about
-1069568
| Copyright: | (c) 2011 Targeted News Service |
| Wordcount: | 2771 |



U.S. Patents Awarded to Inventors in Georgia (Dec. 7)
U.S. Patents Awarded to Inventors in Maryland (Dec. 7)
Advisor News
- Financial shocks, caregiving gaps and inflation pressures persist
- Americans unprepared for increased longevity
- More investors will seek comprehensive financial planning
- Midlife planning for women: why it matters and how advisors should adapt
- Tax anxiety is real, although few have a plan to address it
More Advisor NewsAnnuity News
- AIG to sell remaining shares in Corebridge Financial
- Corebridge Financial, Equitable Holdings post Q1 earnings as merger looms
- AM Best Assigns Credit Ratings to Calix Re Limited
- Transamerica introduces new RILA with optional income features
- Transamerica introduces RILA with optional income features
More Annuity NewsHealth/Employee Benefits News
- Big health systems blamed for affordability crisis
- Minnesotans can expect checks soon from 2020 Blue Cross settlement
- Health insurance stats, Juneteenth update, bistro closes: Wednesday news roundup
- NC House lawmakers push for better breast cancer detection
- Senate approves bills to limit costs for inhalers and diabetes supplies
More Health/Employee Benefits NewsLife Insurance News
- Equitable-Corebridge merger casts shadow over life insurance earnings
- When an MEC is an effective planning tool
- Lincoln Financial Reports 2026 First Quarter Results
- Brighthouse Financial Announces First Quarter 2026 Results
- Life insurance premium jumps 10% in 1Q
More Life Insurance News