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 16):
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 income statement for each category of expense and income for a recent accounting period; comparing said expenses and income for said recent accounting period within said database; obtaining updated balances of said income and expense for said current accounting periods with reference to groupings in said database; updating, using said updated balances of said income and expense, said database for evaluation, reconciliation and for generating customizable analytical reports; and obtaining a type of new income and expense to assess an impact of said new income and expense heads 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): 0.1228436921369806
- 35 USC 102 Novelty (BERT): 0.5339791472352025
- Combined Prediction Score: 0.1639572376468028
- Mean Citation Score: 302.563298
- Max Citation Score: 348.4437
- Similarity Product: 224.6818586853683

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