PATENT CLAIM ANALYSIS

Application Number: 16014120
Application Type: Utility
Filing Date: 2018-06
Publication Date: 2019-03
Patent Classification: ["705", "038000"]

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.

Claim (Index 14):
The one or more non-transitory computer readable storage mediums storing one or more sequences of instructions of  claim 1 , wherein said updating of said database comprises\n obtaining collateral reports relevant to each loan ledger and each account of said GL for a recent accounting period; obtaining ineligibles and reserves at a current account period for each collateral based on said covenants relevant to each loan ledger at said recent accounting period; comparing said collateral reports, said ineligibles and said reserves in each loan ledger for said recent accounting period with new ineligibles and reserves that are received from said business in said database; obtaining updated balances of said ineligibles and said reserves of said current accounting periods in the respective loan ledger corresponding to the respective account of said GL in said database; updating said database with said updated balances of said ineligibles and said reserves for evaluation, reconciliation and for generating customizable analytical reports, wherein ineligibles and reserves that are newly obtained are incorporated in said respective loan ledger and respective account of said GL when said new ineligibles and reserves are compared to said ineligibles and said reserves of said recent accounting period; and obtaining a type of said new ineligibles and reserves that are reported, not reported and compared to prior accounting periods to assess an impact of said new ineligibles and reserves on said collaterals of said lender or stakeholders.

Metadata:
- Claim Count in Document: 50.0
- Percentile: 94.0
- Lexical Diversity: 2.94737
- Patent Class: 705.0
- Transitional Phrase Type: none
- Component Type: 0
- Foreign Priority: False
- Related Applications: ['10329309', '12854402', '12534475', '12534545', '09391774']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1228436628487656
- 35 USC 102 Novelty (BERT): 0.5339785743380369
- Combined Prediction Score: 0.1639571539976927
- Mean Citation Score: 302.563298
- Max Citation Score: 348.4437
- Similarity Product: 224.69272080069783

Labels:
- Claim Label 101: 1
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 1
- Label 101 Adjusted: 1

Dataset: test