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 15):
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 a GL trail balance for a recent accounting period; comparing said GL trial balance of said recent accounting period with a GL trial balance in said database; obtaining updated balances of said GL trial balance for said current accounting period in balance sheet accounts corresponding to groupings and each account of said GL in said database, wherein each account of said GL is sequenced as said account of said GL is grouped in said balance sheet; updating, using updated balances of said GL trial balance, said database for evaluation, reconciliation and for generating customizable analytical reports, wherein GL accounts that are newly determined are added to said database with reference to balance sheet groupings and each account of said GL; and obtaining a type of said new GL accounts to add said new GL accounts to assess an impact 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): 0.1228203516444573
- 35 USC 102 Novelty (BERT): 0.5337277044634652
- Combined Prediction Score: 0.1639110869263581
- Mean Citation Score: 302.563298
- Max Citation Score: 348.4437
- Similarity Product: 229.50993395172355

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