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18807308. CREDIT RISK ASSESSMENT SYSTEMS AND METHODS (Royal Bank of Canada)

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CREDIT RISK ASSESSMENT SYSTEMS AND METHODS

Organization Name

Royal Bank of Canada

Inventor(s)

Hashim Khawaja of Edmonton (CA)

Dien Ngoc Nguyen of Toronto (CA)

A Ram Kang of Vancouver (CA)

Shawn Lu of Toronto (CA)

Adam Katt of Toronto (CA)

Zeyu Wang of Toronto (CA)

Amir Memartoluie of Oakville (CA)

Jun Yuan of Toronto (CA)

CREDIT RISK ASSESSMENT SYSTEMS AND METHODS

This abstract first appeared for US patent application 18807308 titled 'CREDIT RISK ASSESSMENT SYSTEMS AND METHODS

Original Abstract Submitted

Methods, systems, and techniques for automatically assessing credit risk of a counterparty are disclosed. A credit risk assessment method comprises: quantifying a relevance of news topics to one or more credit risk keywords; determining one or more relevant news topics that are relevant to the one or more credit risk keywords; obtaining a plurality of news articles each tagged with one or more news topics and having an associated sentiment; determining a relevant news article as a news article tagged with the one or more relevant news topics; and assessing a credit risk of a counterparty based at least in part on the sentiment of the relevant news article.

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