PATENT CLAIM ANALYSIS

Application Number: 16005221
Application Type: Utility
Filing Date: 2018-06
Publication Date: 2018-10
Patent Classification: ["705", "03600R"]

Abstract:
Embodiments of the invention are directed to systems, methods, and computer program products utilizing a generated retirement score for use qualification and authorization to receive benefits. In this way, the invention calculates a retirement score for the user indicating the user's preparedness for retirement at a future predetermined date, wherein the future predetermined date is selected by the user. In response, the system displays the retirement score on a retirement planning interface on a user device. Subsequently, the invention parses out the component parts of the retirement score, distributes the parsed scores within the entity to determine benefits available to the user. These benefits may be provide via the planning interface. Finally, the retirement score may be combined with financial assessment scores and provided to third parties for product approval and implementation for user.

Claim (Index 13):
A computer-implemented method for utilizing generated retirement scores for benefit presentment, the method comprising:\n providing a computing system within a distributive network for generation an utilization of the retirement score, comprising a computer processing device and a non-transitory computer readable medium, where the computer readable medium comprises configured computer program instruction code, such that when said instruction code is operated by said computer processing device, said computer processing device performs the following operations:\n performing an assessment of assets and liabilities of a user; \n determining a financial trend of the user based on the assessment, wherein the financial trend is calculated over a past time period; \n transforming the financial trend into a retirement score for the user, wherein the retirement score indicates preparedness of the user for retirement at a future predetermined date; \n parsing the retirement score into individual scores for each of one or more parameters making up the retirement score including individual scores for asset values, liability values, an estimated rates of return, and financial behavior of the user; \n distributing the parsed retirement score to systems within the financial institution and store the parsed retirement score within a framework of the systems within the financial institution; \n receiving communication from one or more of the systems within the financial institution identifying benefits available to the user based on the parsed retirement score; and \n augmenting the retirement score at one or more historic points in time illustrating user utilization of recommended steps at the one or more historic point in time, wherein augmenting the retirement score further comprises illustrating the augmented retirement score at the one or more historic points in time illustrating an impact of the recommended steps at one or more historic points in time on a current user retirement score.

Metadata:
- Claim Count in Document: 44.0
- Percentile: 94.0
- Lexical Diversity: 1.93506
- Patent Class: 705.0
- Transitional Phrase Type: open
- Component Type: 1
- Foreign Priority: False
- Related Applications: ['14664193', '14664610', '15925330', '14664667', '14664473']

Analysis Scores:
- 35 USC 101 Eligibility (BERT): 0.1162567497259216
- 35 USC 102 Novelty (BERT): 0.6183035237574213
- Combined Prediction Score: 0.1664614271290715
- Mean Citation Score: 369.035662
- Max Citation Score: 551.3923
- Similarity Product: 527.9613046906172

Labels:
- Claim Label 101: 0
- Claim Label 102: 1
- Claim Label 103: 1
- Claim Label 112: 1
- Combined Label: 0
- Label 101 Adjusted: 0

Dataset: test