Using commercial share of wallet to rate investments

Abstract

Commercial size of spending wallet (“CSoSW”) is the total business spend of a business including cash but excluding bartered items. Commercial share of wallet (“CSoW”) is the portion of the spending wallet that is captured by a particular financial company. A modeling approach utilizes various data sources to provide outputs that describe a company's spend capacity. A mutual fund rating company can use this CSoW/CSoSW modeling approach to predict the performance of funds that invest in a particular industry or sector. In addition, since mutual funds often provide guidelines for selecting stocks, rating companies can use this modeling approach to predict the performance of companies in a fund's portfolio.

What is claimed is: 
     
         1 . A method comprising:
 estimating, by a computer-based system configured for evaluation of business prospects of a business, a commercial size of spending wallet for a business in a plurality of businesses, wherein the estimating is based on total known business spending of the business and a model of industry spending patterns, wherein the model of industry spending patterns uses individual corporate data and aggregate corporate data;   rating, by the computer-based system, an investment fund based on the commercial size of spending wallet for the plurality of businesses; and   displaying, by the computer-based system, the rating on a display interface.   
     
     
         2 . The method of  claim 1 , wherein the estimating is further based on known financial statement data of the business. 
     
     
         3 . The method of  claim 1 , and wherein the model of industry spending patterns is used to infer financial statement data and spending data that is not known. 
     
     
         4 . The method of  claim 1 , further comprising, by the computer-based system, determining potential marketing targets in the plurality of businesses. 
     
     
         5 . The method of  claim 1 , further comprising prioritizing potential marketing targets. 
     
     
         6 . The method of  claim 1 , wherein the investment fund is an industry-specific fund. 
     
     
         7 . The method of  claim 1 , wherein the investment fund invests in businesses from at least two industries. 
     
     
         8 . The method of  claim 1 , further comprising generating a buy instruction based upon the commercial size of spending wallet of the business. 
     
     
         9 . The method of  claim 1 , further comprising generating a sell instruction based upon the commercial size of spending wallet of the business. 
     
     
         10 . The method of  claim 1 , further comprising generating a sell instruction based upon the commercial size of spending wallet of a customer of the business. 
     
     
         11 . The method of  claim 1 , wherein the commercial size of spending wallet is the total spending of the business that can be transacted using a transaction account. 
     
     
         12 . The method of  claim 1 , wherein the aggregate corporate data includes financial statement data. 
     
     
         13 . A system comprising:
 a processor configured for evaluation of business prospects of a business;   a tangible, non-transitory memory configured to communicate with the processor,   the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations;   an estimating module in communication with the processor and configured to estimate a commercial size of spending wallet for a business in a plurality of businesses, wherein the estimating is based on total known business spending of the business and a model of industry spending patterns, wherein the model of industry spending patterns uses individual corporate data and aggregate corporate data;   a rating module in communication with the processor and configured to rate an investment fund based on the commercial size of spending wallet for the plurality of businesses; and   a display module in communication with the processor and configured to display the rating on a display interface.   
     
     
         14 . The system of  claim 13 , further comprising a determining module in communication with the processor and configured to determine potential marketing targets in the plurality of businesses. 
     
     
         15 . The system of  claim 13 , further comprising a prioritizing module in communication with the processor and configured to prioritize potential marketing targets. 
     
     
         16 . The system of  claim 13 , wherein the estimating is further based on known financial statement data of the business. 
     
     
         17 . The system of  claim 13 , wherein the model of industry spending patterns is used to infer financial statement data and spending data that is not known. 
     
     
         18 . The system of  claim 13 , further comprising a generating module in communication with the processor and configured to generate a buy instruction based upon the commercial size of spending wallet of the business. 
     
     
         19 . The system of  claim 13 , further comprising a generating module in communication with the processor and configured to generate a sell instruction based upon the commercial size of spending wallet of at least one of the business or a customer of the business. 
     
     
         20 . An article of manufacture including a non-transitory, tangible computer readable storage medium having instructions stored thereon that, in response to execution by a computer-based system configured for evaluation of business prospects of a business, cause the computer-based system to perform operations comprising:
 estimating, by the computer-based system, a commercial size of spending wallet for a business in a plurality of businesses, wherein the estimating is based on total known business spending of the business and a model of industry spending patterns, wherein the model of industry spending patterns uses individual corporate data and aggregate corporate data;   rating, by the computer-based system, an investment fund based on the commercial size of spending wallet for the plurality of businesses; and   displaying, by the computer-based system, the rating on a display interface.