US Patent:
20030018573, Jan 23, 2003
Inventors:
Andrew Comas - New York NY, US
Olutayo Ibikunle - Montclair NJ, US
Jeffrey Saltz - Ridgewood NJ, US
Yannling Pan - Short Hills NJ, US
Andrew Abrahams - New York NY, US
Serena Starks - Guttenberg NJ, US
International Classification:
G06F017/60
Abstract:
Using adaptions of option pricing techniques from the financial industry, the invention provides systems and methods for structured development of migration options in a legacy transactional enterprise. Components and risk factors of the legacy enterprise are identified and determined, as well as components and risk factors of unmet opportunities, and potential components for the enterprise. Migration options for the enterprise are developed using the components and risk factors.