ALEXANDRIA, Va., Sept. 30 -- United States Patent no. 12,430,688, issued on Sept. 30, was assigned to Guidewire Software Inc. (San Mateo, Calif.).

"Fund allocation configuration" was invented by Seshadhri Pakshi Rajan (Belmont, Calif.) and Luis Arturo Diaz (Redwood City, Calif.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Applying funds is disclosed. A set of interfaces for configuring filtering criteria and receiving user configurations of the filtering criteria is displayed. Fund information pertaining to a fund that is to be applied to one or more receivables under an insurance policy account is received. A set of eligible receivables is identified based on filtering information included in the fund inf...