Corey E H Smith

US Patent:

20110167015, Jul 7, 2011

Filed:

Jan 4, 2010

Appl. No.:

12/651663

Inventors:

Corey Smith - Charlotte NC, US
Lee Hardee - Charlotte NC, US
Jason Latta - Charlotte NC, US
Richard Mattingly - Charlotte NC, US
Ruben Berumen - Matthews NC, US
Anurag Amatya - Evergreen CO, US

Assignee:

BANK OF AMERICA CORPORATION - Charlotte NC

International Classification:

G06Q 10/00

US Classification:

705348

Abstract:

Concentration risk, for example, refers to the risk of over-concentrating organizational resources. For example, if an organization over-concentrates its employees that work on a particular process in a small number of geographic locations, then, depending on the importance of the particular process, the organization assumes the risk that its operational continuity may be disrupted if one of those geographic locations experiences a disruption. Embodiments of the present invention assess the redundancy and criticality of each identified process within the organization, where redundancy refers to the organization's capacity to move work on a particular process from one center to another center in the event a disruption occurs at one of the centers and where criticality refers to the importance of a particular process to the organization. Based the redundancy and criticality assessments, embodiments of the present invention calculate a concentration-risk score for each of the identified processes.