Naveen G Yeri

US Patent:

8326723, Dec 4, 2012

Filed:

Aug 25, 2009

Appl. No.:

12/546807

Inventors:

Agus Sudjianto - Matthews NC, US
Michael Chorba - Charlotte NC, US
Daniel Hudson - Charlotte NC, US
Sandi Setiawan - Charlotte NC, US
Jocelyn Sikora - Charlotte NC, US
Harsh Singhal - Charlotte NC, US
Kiran Vuppu - Charlotte NC, US
Kaloyan Mihaylov - New York NY, US
Jie Chen - Charlotte NC, US
Timothy J. Breault - Huntersville NC, US
Arun R. Pinto - Charlotte NC, US
Naveen G. Yeri - Charlotte NC, US
Benhong Zhang - Charlotte NC, US
Zhe Zhang - Charlotte NC, US
Tony Nobili - Charlotte NC, US
Aijun Zhang - Ann Arbor MI, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35, 705 38

Abstract:

A data driven and forward looking risk and reward appetite methodology for consumer and small business is described. The methodology includes customer segmentation to create pools of homogeneous assets in terms of revenue and loss characteristics, forward looking simulation to forecast expected values and volatilities of revenue and loss, and risk and reward optimization of the portfolio. One methodology used for modeling revenue and loss is a generalized additive effect decomposition model to fit historical data. Based on the model, a segmentation procedure is performed, which allows for creation of groups of customers with similar revenue and loss characteristics. An estimation procedure for the model is developed and a simulation strategy to forecast and simulate revenue and loss volatility is developed. Efficient frontier curves of risk (e. g. , return volatility) and reward (e. g.

US Patent:

8577776, Nov 5, 2013

Filed:

Sep 14, 2012

Appl. No.:

13/618121

Inventors:

Agus Sudjianto - Matthews NC, US
Michael Chorba - Charlotte NC, US
Daniel Hudson - Charlotte NC, US
Sandi Setiawan - Charlotte NC, US
Jocelyn Sikora - Charlotte NC, US
Harsh Singhal - Charlotte NC, US
Kiran Vuppu - Charlotte NC, US
Kaloyan Mihaylov - New York NY, US
Jie Chen - Charlotte NC, US
Timothy J. Breault - Huntersville NC, US
Arun R. Pinto - Charlotte NC, US
Naveen G. Yeri - Charlotte NC, US
Benhong Zhang - Charlotte NC, US
Zhe Zhang - Charlotte NC, US
Tony Nobili - Charlotte NC, US
Aijun Zhang - Ann Arbor MI, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 40/00

US Classification:

705 36R, 705 35

Abstract:

A data driven and forward looking risk and reward appetite methodology for consumer and small business is described. The methodology includes account level historical data collection for customers associated with accounts as part of a portfolio. The account level historical data is segmented into groups of customers with similar revenues and loss characteristics. Segmented data is decomposed into seasoning, vintage, and cycle effects. Statistical clusters are formed based upon the data and effects. A simulation is applied to the statistical clusters and prediction data is generated. A simulation strategy to forecast and simulate revenue and loss volatility is developed. Efficient frontier curves of risk (e. g. , return volatility) and reward (e. g. , expected return) are created for the current portfolio under various economic scenarios.

US Patent:

8583550, Nov 12, 2013

Filed:

Jun 1, 2012

Appl. No.:

13/486739

Inventors:

Naveen G Yeri - Charlotte NC, US
Timothy J Bendel - Charlotte NC, US
David Joa - San Bruno CA, US
Deepak Verma - Middletown DE, US
Yanghong Shao - Charlotte NC, US
Srihari Rao Gatpa - Andhra Pradesh, IN
Jade Michelle Le Vo-Dinh - Charlotte NC, US
David Neil Joffe - Charlotte NC, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 40/00

US Classification:

705 39, 705 35, 705 36 R, 705 37, 705 38, 705 40, 705 44

Abstract:

Systems and methods for producing and maintaining account related triggers are provided herein. The systems and methods may be utilized for monitoring of one or more accounts of a financial institution. Triggers may be executed to monitor financial account ratios. Offers may be triggered based on the account ratios or changes in the account ratios.

US Patent:

20090063361, Mar 5, 2009

Filed:

Aug 30, 2007

Appl. No.:

11/848227

Inventors:

Timothy J. Breault - Huntersville NC, US
Ulrich A. Bruns - Rock Hill SC, US
John Delmonico - Wakefield RI, US
Shelly X. Ennis - Matthews NC, US
Ruilong He - Charlotte NC, US
Glenn B. Jones - Harrisburg NC, US
WeiCheng Liu - Huntersville NC, US
Elaine C. Marino - Coventry RI, US
Arun R. Pinto - Charlotte NC, US
Meghan A. Steach - Charlotte NC, US
Agus Sudjianto - Matthews NC, US
Naveen G. Yeri - Charlotte NC, US
Benhong Zhang - Charlotte NC, US
Zhe Zhang - Charlotte NC, US
Tony Nobili - Charlotte NC, US
Shuchun Wang - Charlotte NC, US
Hungjen Wang - Charlotte NC, US
Aijun Zhang - Ann Arbor MI, US

Assignee:

BANK OF AMERICA CORPORATION - Charlotte NC

International Classification:

G06Q 40/00

US Classification:

705 36 R

Abstract:

A data driven and forward looking risk and reward appetite methodology for consumer and small business is described. The methodology includes customer segmentation to create pools of homogeneous assets in terms of revenue and loss characteristics, forward looking simulation to forecast expected values and volatilities of revenue and loss, and risk and reward optimization of the portfolio. One methodology used for modeling revenue and loss is a generalized additive effect decomposition model to fit historical data. Based on the model, a segmentation procedure is performed, which allows for creation of groups of customers with similar revenue and loss characteristics. An estimation procedure for the model is developed and a simulation strategy to forecast and simulate revenue and loss volatility is developed. Efficient frontier curves of risk (e.g., return volatility) and reward (e.g., expected return) are created for the current portfolio under various economic scenarios.

US Patent:

20130325574, Dec 5, 2013

Filed:

Jun 1, 2012

Appl. No.:

13/486680

Inventors:

DAVID JOA - San Bruno CA, US
TIMOTHY J. BENDEL - Charlotte NC, US
YANGHONG SHAO - Charlotte NC, US
DAVID NEIL JOFFE - Charlotte NC, US
NAVEEN G. YERI - Charlotte NC, US

Assignee:

BANK OF AMERICA CORPORATION - Charlotte NC

International Classification:

G06Q 30/02
G06Q 40/02

US Classification:

705 1417

Abstract:

Systems and methods for producing and maintaining account related triggers are provided herein. The systems and methods may be utilized for marketing service savings opportunities to a customer of one or more accounts of a financial institution. Triggers may be executed to monitor outbound transactions for services. The outbound transactions may be compared to a control. The financial institution may then determine a service savings opportunity offer to present to the customer.

US Patent:

20130325598, Dec 5, 2013

Filed:

Jun 1, 2012

Appl. No.:

13/486585

Inventors:

Yanghong Shao - Charlotte NC, US
Timothy J. Bendel - Charlotte NC, US
David Joa - San Bruno CA, US
Naveen G. Yeri - Charlotte NC, US
Deepak Verma - Middletown DE, US
Bibhudatta Jena - Hyderabad, IN
Kunal Makin - Charlotte NC, US
Srihari Rao Gatpa - Hyderabad, IN
Jade Michelle Le Vo-Dinh - Charlotte NC, US
David Neil Joffe - Charlotte NC, US

International Classification:

G06Q 30/02

US Classification:

705 1449

Abstract:

Systems and methods for producing and maintaining account related triggers are provided herein. The systems and methods may be utilized for triggering offers based on financial information of one or more accounts of a financial institution customer. Triggers may be executed to monitor hardship trends. If a hardship is identified, the financial institution may present a hardship offer to the customer for assistance.

US Patent:

20130325599, Dec 5, 2013

Filed:

Jun 1, 2012

Appl. No.:

13/486617

Inventors:

Naveen G. Yeri - Charlotte NC, US
Timothy J. Bendel - Charlotte NC, US
David Joa - San Bruno CA, US
Vikas Mishra - Pune, IN
Deepak Verma - Middletown DE, US
Yanghong Shao - Charlotte NC, US
Parul Bajaj - Hyderabad, IN
Srihari Rao Gatpa - Hyderabad, IN
Li Wei - Weddington NC, US
David Neil Joffe - Charlotte NC, US

Assignee:

BANK OF AMERICA CORPORATION - Charlotte NC

International Classification:

G06Q 30/02

US Classification:

705 1449

Abstract:

Systems and methods for reviewing accounts to enhance user relationships and prevent account loss are provided herein. In the systems and methods, account data associated with one or more account of a first financial institution are received and the account data is stored in a storage device; triggers are identified based on the account data, where the triggers include one or more transactions; external account activity of one or more accounts associated with a second financial institution is determined based on the one or more transactions; and a product recommendation is provided to a user associated with one or more accounts of the first financial institution based on the identified external activity. The systems and methods further provide determining a shift in internal account usage of the one or more accounts associated with the first financial institution based on the one or more transactions.

US Patent:

20130325604, Dec 5, 2013

Filed:

Jun 1, 2012

Appl. No.:

13/486191

Inventors:

NAVEEN G. YERI - Charlotte NC, US
Timothy J. Bendel - Charlotte NC, US
David Joa - San Bruno CA, US
Vikas Mishra - Pune, IN
Deepak Verma - Middletown DE, US
Yanghong Shao - Charlotte NC, US
Bibhudatta Jena - Hyderabad, IN
Srihari Rao Gatpa - Hyderabad, IN
Li Wei - Weddington NC, US
David Neil Joffe - Charlotte NC, US

Assignee:

BANK OF AMERICA CORPORATION - Charlotte NC

International Classification:

G06Q 30/02
G06Q 40/02

US Classification:

705 1453

Abstract:

Systems and methods for providing offers associated with one or more accounts of a financial institution is provided herein. The system receives account data associated with the one or more accounts; stores the account data in a storage device; identifies account activity for at least one of inbound transactions or outbound transactions based on the account data; and identifies triggers comprising opportunities for providing offers based on the account activity. The system then provides an offer to the user based on the trigger. In some embodiments, the trigger is based on inbound transaction but in other embodiments the trigger is based on outbound transactions. The offer can be specifically related to another party associated with the trigger, e.g., the recipient of a payment, or the offer can be based on the time, amount, or location of the trigger. A computer program product is also provided.