Risk rating analytics based on geographic regions
AssigneePromontory Financial Group, LLC
InventorDaniel J. Ferranti
Life of this patent
Estimating the term…
Abstract
A default risk rating for a geographic region is determined based on a first set of data records extracted from a first set of data sources. Unstructured text description of operational activities associated with the geographic region is received. A second set of data records from a second set of data sources is selected, in which the second set of data sources originate from the geographic region. A subset of the second set of data records is determined based on the unstructured text description of operational activities. The default risk rating is adjusted based on the subset of the second set of data records.
Claims20
A method of determining operational risk specific to a geographic region, the method comprising:
- determining, by one or more processors, a default risk rating for a geographic region based on a first set of data records extracted from a first set of data sources;
- receiving, by one or more processors, unstructured text description of operational activities associated with the geographic region;
- selecting, by one or more processors, a second set of data records from a second set of data sources, the second set of data sources originating from the geographic region;
- determining, by one or more processors, a subset of the second set of data records based on the unstructured text description of operational activities;
- and
- adjusting, by one or more processors, the default risk rating based on the subset of the second set of data records.
A computer program product for determining operational risk specific to a geographic region, the computer program product comprising one or more computer readable storage medium and program instructions stored on at least one of the one or more computer readable storage medium, the program instructions comprising:
- program instructions to determine a default risk rating for a geographic region based on a first set of data records extracted from a first set of data sources;
- program instructions to receive unstructured text description of operational activities associated with the geographic region;
- program instructions to select a second set of data records from a second set of data sources, the second set of data sources originating from the geographic region;
- program instructions to determine a subset of the second set of data records based on the unstructured text description of operational activities;
- and
- program instructions to adjust the default risk rating based on the subset of the second set of data records.
A computer system for determining operational risk specific to a geographic region, the computer system comprising one or more processors, one or more computer readable memories, one or more computer readable storage medium, and program instructions stored on at least one of the one or more storage medium for execution by at least one of the one or more processors via at least one of the one or more memories, the program instructions comprising:
- program instructions to determine a default risk rating for a geographic region based on a first set of data records extracted from a first set of data sources;
- program instructions to receive unstructured text description of operational activities associated with the geographic region;
- program instructions to select a second set of data records from a second set of data sources, the second set of data sources originating from the geographic region;
- program instructions to determine a subset of the second set of data records based on the unstructured text description of operational activities;
- and
- program instructions to adjust the default risk rating based on the subset of the second set of data records.
Dependencies are inferred from the claim text.