Predictive model development system applied to organization management
AssigneeAsset Reliance, Inc.
InventorJeffrey Scott Eder
Life of this patent
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AssigneeAsset Reliance, Inc.
InventorJeffrey Scott Eder
Estimating the term…
An automated computer program product and system for using artificial intelligence based cognitive learning methods to create a custom risk transfer program for one or more organizations on a continual basis. The elements of value, external factors and segments of value of the one or more organizations are analyzed and modeled using predictive models that are developed by learning from the data associated with each of the organizations. Scenarios of both normal and extreme situations are also developed by learning from the data. The scenarios are then used to drive simulations of the predictive models. The outputs from these simulations are then used to calculate a risk by element of value, external factor and segment of value for each organization. A custom risk transfer program that optimizes financial performance for each of the organizations given the quantified value and risk is then identified and presented.
A non-transitory computer-readable storage device encoded with a computer program product, the computer program product comprising instructions that when executed by one or more computers cause the one or more computers to perform operations comprising:
The non-transitory computer-readable storage device of claim 1, wherein the non-transitory computer program product improves the operation of the one or more computers by reducing the number of steps required to quantify and manage the risk for the one or more elements of value and wherein the predictive model development system comprises the system of claim 8.
A predictive model development system comprising:
A system comprising:
Dependencies are inferred from the claim text.