John Raborg Cory

US Patent:

20040034584, Feb 19, 2004

Filed:

May 12, 2003

Appl. No.:

10/435595

Inventors:

John Cory - Darlington MD, US
Brian Bizzano - Alpharetta GA, US

International Classification:

G06F017/60

US Classification:

705/035000

Abstract:

A system, method, and computer program product are provided for enabling risk management in regulated and/or deregulated commodity markets through selection of Bundled Utility Services along with volumetric and/or energy commodity risk hedge productsBundled Utility Service. Risk management strategy may be implemented by determining a rate structure associated with a commodity delivered by a Utility and demand information to develop a hedge based on a composite of underlying market quoted products. The invention further provides system and methods for mitigating commodity price risks, Counterparty Credit Risk, and Physical Supply Risks. In one aspect of the invention, a system and method are provided for hedging utility prices associated with varying tariff cost structures, wherein no market product previously existed for tracking tariff cost structures.