Patent ID: 11875408
Assignee: STATE STREET CORPORATION
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. An apparatus comprising:
memory; and
a processing circuit coupled with the memory and at least one hardware circuit operative to:
train a machine learning model on historical data to approximate a Net Asset Value for a financial portfolio, where the Net Asset Value is a weighted average of prices of funds in the financial portfolio, with historical data items corresponding to prices of a subset of less than all of the funds in the financial portfolio and corresponding historical Net Asset Values, the training comprising:
determining the weights to be assigned to the data items for approximating the Net Asset Value;

receive a request from a requestor for a Net Asset Value of a selected financial portfolio with a timing attribute, the timing attribute to establish a time limit for capturing current data items responsive to the request;
input to the machine learning model the data items corresponding to prices for a subset of less than all funds in the selected financial portfolio, wherein the subset includes ones of the funds in the selected portfolio for which current data items may be obtained within a time limit;
determine, via the machine learning model, an approximation of the Net Asset Value for the selected financial portfolio in real time or near real time before an end of trading of funds in the selected financial portfolio based upon the current data items for the subset of funds of the selected financial portfolio at a particular point in time to approximate the Net Asset Value for the selected financial portfolio at the particular point in time based on the subset of the funds and the weights determined for the data items by the machine learning model;
determine a precision of the approximation of the Net Asset Value for the selected financial portfolio, the precision based on the size of the subset of funds for which data items are captured within the time limit, wherein the size of the subset of funds is based on the time limit; and
output the approximation of the Net Asset Value for the selected financial portfolio to the requestor in response to the request to automatically trigger a buy or sell transaction.