SYSTEM AND METHOD FOR LIQUIDATION MANAGEMENT OF A COMPANY

• Main Authors: NIGAM SANGARSH, MCCORMICK BRENDAN
• Format: Patent
• Language: English
• Published: 05.02.2015
• Subjects: CALCULATING; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

The present disclosure relates to a tool for identifying the probability of liquidation of a company. The system may be configured to collect indicators of liquidation data from a plurality of companies. The system may analyze the indicators of liquidation data to determine placement of a company of the plurality companies along a bankruptcy timeline. The system may mitigate a downside risk to a financial institution based on the placement. The computer based system may be configured to determine if a company has entered a bankruptcy proceeding. Term data may be scraped from a website, such as PACER, comprising legal proceeding data associated with the company for targeted terms. The computer based system may be configured to collect financial indicators pertinent to the bankruptcy proceeding from financial reports, analyze based on the identified targeted terms, the financial indicators.