T 1798/13 (Forecasting the value of a structured financial product/SWISS REINSURANCE COMPANY LTD) of 25.05.2020
- European Case Law Identifier
- ECLI:EP:BA:2020:T179813.20200525
- Date of decision
- 25 May 2020
- Case number
- T 1798/13
- Petition for review of
- -
- Application number
- 05796344.9
- IPC class
- G06Q 40/00
- Language of proceedings
- English
- Distribution
- Distributed to board chairmen (C)
- Download
- Decision in English
- OJ versions
- No OJ links found
- Other decisions for this case
- -
- Abstracts for this decision
- -
- Application title
- A METHOD AND A COMPUTER SYSTEM FOR FORECASTING THE VALUE OF A STRUCTURED FINANCIAL PRODUCT
- Applicant name
- Swiss Reinsurance Company Ltd.
- Opponent name
- -
- Board
- 3.5.01
- Headnote
- -
- Relevant legal provisions
- European Patent Convention Art 56 (2007)
- Keywords
- Inventive step - improving a weather forecast (no
Inventive step - not technical) - Catchword
- The "weather" is not a technical system that the skilled person can improve, or even simulate with the purpose of trying to improve it. It is a physical system that can be modelled in the sense of showing how it works. This kind of modelling is rather a discovery or a scientific theory, which are excluded under Article 52(2)(a) EPC and thus do not contribute to the technical character of the invention (see point 2.10ff.).
Order
For these reasons it is decided that:
The appeal is dismissed.