US Patent Issued to Bank of Montreal on Nov. 11 for "Systems and methods for processing inter-dependent data for risk modelling and analysis" (Canadian Inventors)

ALEXANDRIA, Va., Nov. 11 -- United States Patent no. 12,469,074, issued on Nov. 11, was assigned to Bank of Montreal (Toronto).

"Systems and methods for processing inter-dependent data for risk modelling and analysis" was invented by Yangming Chris Cai (Toronto) and Sriram Rajaram (Toronto).

According to the abstract* released by the U.S. Patent & Trademark Office: "A system for processing data items may include one or more memories and one or more processors. The one or more memories may be configured in a first logical table including a plurality of logical rows and a plurality of logical columns. A value of a data item in a first logical column in each logical row may be determined based on a dependency of the first logical column on a...