ALEXANDRIA, Va., Nov. 25 -- United States Patent no. 12,482,032, issued on Nov. 25, was assigned to CHARLES SCHWAB & Co. INC. (San Francisco).

"Selective data rejection for computationally efficient distributed analytics platform" was invented by Aaron Andrew Blomberg (Bennington, Neb.), Mitchel William Weiler (Omaha, Neb.), Alexander Conrad Ockenden (Omaha, Neb.) and Curtis Joseph Beeson (Bennington, Neb.).

According to the abstract* released by the U.S. Patent & Trademark Office: "A model management system for validating models for predicting a client behavior event includes a model validation system configured to execute each of multiple stages of a selected model, which includes calculating a respective output based on a respective in...