System and method of event processing with machine learning
AssigneeStrong Force TX Portfolio 2018, LLC
InventorCharles Howard Cella
Life of this patent
Estimating the term…
Abstract
Systems and related methods include an Internet of Things data collection circuit structured to collect information about at least one entity involved in at least one transaction comprising at least one bond, a condition classifying circuit structured to classify a condition of the at least one entity in accordance with a model and based on information from the Internet of Things data collection circuit, wherein the model is trained using a training data set of a plurality outcomes related to the at least one entity, and an event processing circuit structured to undertake an action related to the at least one transaction in response to the classified condition of the at least one entity.
Claims17
A system for automatically managing an activity related to a transaction, comprising:
- a set of processors providing an Internet of Things (IoT) data collection circuit that collects information about at least one entity involved in at least one transaction that includes at least one bond, maintains a first training data set that comprises a plurality of outcomes related to a set of entities involved in a set of previous transactions, and maintains a second training data set that comprises a plurality of bond management activities;
- a condition classifying circuit that includes an artificial intelligence (AI) circuit and that automatically classifies at least one condition of the at least one entity in accordance with a model and based on information collected from the Internet of Things data collection circuit, wherein the AI circuit is trained using the first training data set;
- an event processing circuit that automatically processes an event relevant to at least one of a value, a condition, or an ownership of at least one asset, and executes an action related to the at least one transaction in response to the automatically classified condition of the at least one entity;
- and
- an automated bond management circuit that manages an action related to the at least one bond, wherein the automated bond management circuit is trained using the second training data set.
A method for automatically managing an activity related to a transaction, comprising:
- collecting, via an Internet of Things (IoT) data collection circuit, IoT information about at least one entity involved in at least one transaction that includes at least one bond;
- training an AI circuit using a first training data set that comprises a plurality of outcomes related to a set of entities involved in a set of previous transactions;
- automatically classifying at least one condition of the at least one entity via a condition classifying circuit that includes the trained AI circuit in accordance with a model and based on information collected by the (IoT) data collection circuit;
- executing an action related to the at least one transaction in response to the classified condition of the at least one entity provided by the condition classifying circuit via an event processing circuit;
- and
- managing an action related to the at least one bond via an automated bond management circuit that is trained using a second training data set that comprises a set of bond management activities.
Dependencies are inferred from the claim text.