Method and system for implementing a recommendation platform for financial institution policy engine
AssigneePanax Tech Ltd.
InventorYosef Haim ITZKOVICH
Life of this patent
Estimating the term…
Abstract
A system and method of checking compliance and enforcing a financial risk policy of a business, are provided herein. The method may include the following steps: receiving financial data of the business, said financial data comprising distribution of funds of the business; obtaining a financial risk policy relating to distribution of funds of the business; detecting a deviation of distribution of the funds from the policy; and optionally issuing an audit relating to the distribution of the funds of the business in view of the deviation from the policy.
Claims20
A method of checking compliance and enforcing a financial risk policy of a business, the method comprising:
- receiving financial data of the business, said financial data comprising distribution of funds of the business;
- obtaining a financial risk policy relating to distribution of funds of the business;
- and
- detecting a deviation of distribution of the funds from the policy.
A system for checking compliance and enforcing a financial risk policy of a business, the system comprising:
- a data collection mode configured to receive financial data of the business, said financial data comprising distribution of funds of the business;
- a financial policy module configured to obtain a financial risk policy relating to distribution of funds of the business;
- and
- a policy enforcer module configured to:
- detect a deviation of distribution of the funds from the policy.
A non-transitory computer readable medium for checking compliance and enforcing a financial risk policy of a business, comprising a set of instructions that, when executed, cause at least one computer processor to:
- receive financial data of the business, said financial data comprising distribution of funds of the business;
- obtain a financial risk policy relating to distribution of funds of the business;
- and
- detect a deviation of distribution of the funds from the policy.
Dependencies are inferred from the claim text.