Automated collateral risk and business performance assessment system
US10269066B2 · kind B2 · utility
Inventor
Key dates
| Filing date | Jun 21, 2018 |
| Grant date | Apr 23, 2019 |
| Priority date | — |
| Expiry date | Jun 21, 2038 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06N20/00
- WIPO fieldComputer technology
- WIPO sectorElectrical engineering
Abstract
A system that automatically manages a collateral risk and a business performance of an entity is provided. The system generates a customizable database to store critical accounting and ancillary business information. The system automatically updates the customized database at predefined time periods based on new accounting and ancillary business information. The system automatically enables the customized database for scalable assessment of a collateral risk and a business performance of an entity. The system determines the collateral risk and business performance of an entity and provides the collateral risk, and business performance of the entity and an analytical summary of the accounting and the ancillary business information to a machine learning model. The system recommends actions to be performed to reduce the collateral risk and to improve the business performance based on the accounting and ancillary business information. The system enables a user to perform the actions to reduce the collateral risk and to improve the business performance of the entity.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.