US Patent Issued to Teachers Insurance and Annuity Association of America on July 29 for "Model-based configuration of financial product offerings" (North Carolina, Ohio, Colorado, Kansas Inventors)

ALEXANDRIA, Va., July 30 -- United States Patent no. 12,373,891, issued on July 29, was assigned to Teachers Insurance and Annuity Association of America (New York).

"Model-based configuration of financial product offerings" was invented by Pankaj Agrawal (Concord, N.C.), Alexis S. Pecoraro (Huntersville, N.C.), James G. Rauscher (Erie, Colo.), John V. Hintze (Charlotte, N.C.), Daniel R. Hursh (Dayton, Ohio), Gregory B. Bahns (West Chester, Ohio) and Edward J. Miller Jr. (Iola, Kan.).

According to the abstract* released by the U.S. Patent & Trademark Office: "Disclosed are methods and systems for automatically configuring financial product offerings. An example method includes: receiving, by a computer system, a graph model representing a...