Computerized resource reallocation system for transferring resource blocks based on custodian event
AssigneeBank of America Corporation
InventorsManu Jacob Kurian, Victoria L. Dravneek
Life of this patent
Estimating the term…
Abstract
Disclosed is a resource reallocation system. The system typically includes a processor, a memory, and a resource reallocation module stored in the memory. The system is typically configured for: identifying resources of a custodian; allocating the resources into one or more resource blocks; linking a resource transfer protocol to each resource block, each resource transfer protocol being associated with a particular custodian event; monitoring custodian data; determining that a custodian event has occurred based on monitoring the custodian data; and, in response to determining that the custodian event has occurred, automatically initiating one of the resource transfer protocols.
Claims21
A computerized resource reallocation system, comprising:
- a computer apparatus including a processor, a memory, and a network communication device;
- a resource management module stored in the memory, executable by the processor, and configured for:
- identifying resources of a custodian;
- allocating the resources into a first resource block;
- linking a first resource transfer protocol to the first resource block, the first resource transfer protocol being associated with a first custodian event;
- establishing a communication with a distributed network via the network communication device;
- monitoring custodian data from the distributed network via the network communication device;
- determining that the first custodian event has occurred based on monitoring the custodian data;
- and
- in response to determining that the first custodian event has occurred, automatically initiating the resource transfer protocol.
A computer program product for providing resource reallocation comprising a non-transitory computer-readable storage medium having computer-executable instructions for:
- identifying resources of a custodian;
- allocating the resources into a first resource block;
- linking a first resource transfer protocol to the first resource block, the first resource transfer protocol being associated with a first custodian event;
- establishing a communication channel with a distributed network via a network communication device;
- monitoring custodian data from the distributed network via the network communication device;
- determining that the first custodian event has occurred based on monitoring the custodian data;
- and
- in response to determining that the first custodian event has occurred, automatically initiating the resource transfer protocol.
A computerized method for providing resource reallocation, comprising:
- identifying, via a computer processor, resources of a custodian;
- allocating, via a computer processor, the resources into a first resource block;
- linking, via a computer processor, a first resource transfer protocol to the first resource block, the first resource transfer protocol being associated with a first custodian event;
- establishing, via a computer processor, a communication channel with a distributed network via a network communication device;
- monitoring, via a computer processor, custodian data from the distributed network via the network communication device;
- determining, via a computer processor, that the first custodian event has occurred based on monitoring the custodian data;
- and
- in response to determining that the first custodian event has occurred, automatically initiating, via a computer processor, the resource transfer protocol.
Dependencies are inferred from the claim text.