Michael J Bartholomew

US Patent:

20130275176, Oct 17, 2013

Filed:

Apr 16, 2012

Appl. No.:

13/447664

Inventors:

Diane M. Brown - Mesa AZ, US
Betsy S. Deupree - Charlotte NC, US
Michael Bartholomew - Charlotte NC, US
Richard Mattingly - Charlotte NC, US

Assignee:

Bank of America Corporation - Charlotte NC

International Classification:

G06Q 10/00

US Classification:

705 728

Abstract:

According to one embodiment of the present invention, risk associated with a supplier of an organization may be assessed. A supplier associated with an organization is identified for risk assessment. The risk assessment comprises a plurality of questions where each question has a priority level. A plurality of selections for the supplier associated with the plurality of questions is determined. A respective selection of the plurality of selections is associated with a respective question of the plurality of questions. A plurality of values associated with the plurality of selections is determined. A respective value of the plurality of values is associated with a respective selection of the plurality of selections. Using a processor, a risk score for the supplier is calculated according to the plurality of values and the priority level of each of the plurality of questions.