Link to full patent specification Patent Number (11) 564321 Patent Title (54) System and method for risk assessment and presentment Applicant / Patentee: (71) Kam Lun Leung . Unit 20, 16A-20A French Street, Kogarah, New South Wales, 2217, Australia Abstract/Abridgement A device comprising a processor and a computer program for facilitating a risk assessment are disclosed. The processor is programmed with instructions to identify a first process associated with an organization; identify a first risk associated with the process; and assign the first risk a first plurality of loss probability distributions including at least three loss probability distributions to thereby create the information for use in facilitating the risk assessment. The first process is part of a process flow. The processor is further programmed to identify a second process associated with the first process; identify a second risk associated with the second process; and obtain a second plurality of loss probability distributions assigned to the second risk. The operation of processing the first plurality of loss probability distributions comprises aggregating the first plurality of loss probability distributions and at least one of the second plurality of loss probability distributions to obtain at least one resultant loss probability distribution. Drawing WO Publication Number WO2006/125274 Patent Type Patent PCT Inward Filed (22) 26-MAY-2006 Convention Date (320) Country (330) App No: 27-MAY-2005 Australia 05 902734 Nat 14-DEC-2007 Class (51) Schedule and Edition Classification IPC2011.01 G06Q50/00; G06Q40/00 Published Complete Spec Document Contact : (74) SPRUSON & FERGUSON . St Martins Tower, Level 35, 31 Market Street, Sydney, New South Wales 2000, Australia Service Address : PO Box 30461, Lower Hutt, New Zealand Action Completed Due Published Date 29-APR2011 29-APR2011 Application Accepted 07-APR2011 07-APR2011 Under Examination 20-AUG2009 Waiting for an Examination 05-MAYDate 2009 27-DEC2007 Filed 14-DEC2007 19-DEC2007 View as PDF Journ al Published 1582 29-APR2011 1543 31-JAN2008 Related Patents No Related Patents found Objections / Hearings There are no current objections or hearings present Last Renewed By No renewal interest on record or public access is restricted Applicant / Patentee & Licensee History No applicants nor licensees on record or public access is restricted Inventors (72) Kelly, Martin Leung, Kam Lun
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