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US 12,683,868 B1Granted
Systems and methods for risk simulation based transaction routing
AssigneeBlackRock Finance, Inc.
InventorsThomas Booker, Misha Van Beek, Bingxu Chen, David Greenberg
Life of this patent
Estimating the term…
Abstract
Embodiments described herein further provide a routing server for routing incoming transaction requests based on a stochastic simulation of future risk level, e.g., demand flows such as required network resource, and/or the like.
Claims20
A routing system for routing a network access request based on a risk level, the routing system comprising:
- a communication interface receiving the network access request comprising information relating to a network application including a plurality of application attributes;
- a memory that stores a plurality of processor-executable instructions;
- one or more processors that reads and executes the plurality of processor-executable instructions from the memory to perform operations comprising:
- decomposing the network application into a set of discrete execution processes, each of which is subject to a respective stochastic entry time and a respective stochastic exit time in and out of the network application, and a respective stochastic waiting time having a hazard-based duration, respectively,
- wherein the respective stochastic entry time or the respective stochastic exit time takes a form of a hazard rate model subject to an exponential process with time-varying coefficients;
- a hardware-based stochastic simulator that:
- conducting a stochastic simulation of entry dynamics or exit dynamics of the set of discrete execution processes based at least in part on simulating a stochastic entry intensity rate or an exit intensity rate according to a hazard rate model, based on the plurality of application attributes;
- and
- generating, from simulation outputs, a predicted risk level associated with a forecasted demand flow from the network application over a future period;
- wherein the one or more processors further perform operations comprising generating a routing decision for the network access request based on the predicted risk level.
7 more elements
A method for routing a network access request based on a risk level, the method comprising:
- receiving by a communication interface, the network access request comprising information relating to a network application including a plurality of application attributes;
- decomposing, by a processor, the network application into a set of discrete execution processes, each of which is subject to a respective stochastic entry time and a respective stochastic exit time in and out of the network application, and a respective stochastic waiting time having a hazard-based duration, respectively,
- wherein the respective stochastic entry time or the respective stochastic exit time takes a form of a hazard rate model subject to an exponential process with time-varying coefficients;
- conducting, by a hardware-based stochastic simulator, a stochastic simulation of entry dynamics or exit dynamics of the set of discrete execution processes based at least in part on simulating a stochastic entry intensity rate or an exit intensity rate according to a hazard rate model, based on the plurality of application attributes;
- generating, from simulation outputs, a predicted risk level associated with a forecasted demand flow from the network application over a future period;
- and
- generating a routing decision for the network access request based on the predicted risk level.
4 more elements
A non-transitory processor-readable storage medium storing a plurality of processor-executable instructions for analyzing or constructing an asset portfolio by simulating private equity cash flows, the processor-executable instructions being executed by a processor to perform operations comprising:
- receiving, a communication interface, the network access request comprising information relating to a network application including a plurality of application attributes;
- decomposing, by a processor, the network application into a set of discrete execution processes, each of which is subject to a respective stochastic entry time and a respective stochastic exit time in and out of the network application, and a respective stochastic waiting time having a hazard-based duration, respectively,
- wherein the respective stochastic entry time or the respective stochastic exit time takes a form of a hazard rate model subject to an exponential process with time-varying coefficients;
- conducting, by a hardware-based stochastic simulator, a stochastic simulation of entry dynamics or exit dynamics of the set of discrete execution processes based at least in part on simulating a stochastic entry intensity rate or an exit intensity rate according to a hazard rate model, based on the plurality of application attributes;
- generating, from simulation outputs, a predicted risk level associated with a forecasted demand flow from the network application over a future period;
- and
- generating a routing decision for the network access request based on the predicted risk level.
4 more elements
Dependencies are inferred from the claim text.