SYSTEM AND METHOD FOR IMPLEMENTING A TRUST DISCRETIONARY DISTRIBUTION TOOL

Patent №

US 11,645,716

Granted

2023-05-09

Filed 2019

Owner

JPMORGAN CHASE BANK, N.A.

Lab

AI components

4

ml · kr · planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

16369435

An embodiment of the present invention is directed to automated trust discretionary distribution decisions. The innovative system comprises a computer server configured to perform the steps of: receiving, via an electronic input, a trust beneficiary cash distribution request relating to a trust instrument; responsive to the trust beneficiary request, obtaining trust details relating to the trust instrument; applying, via a computer server, a trust decision predictor to the distribution request to generate a trust decision wherein the trust decision predictor considers a set of decision factors comprising the trust beneficiary cash distribution request, beneficiary details, trust details and applicability of governing restrictions; presenting, via an electronic interface, the trust decision; automatically executing the trust decision; and applying feedback data to refine and standardize the trust decision predictor.

Machine learningKnowledge representationPlanningAI hardwareG06Q 40/06G06F 17/18G06F 18/214G06F 18/2178G06F 40/30G06N 5/045G06N 20/00G06N 20/10+5 more

AI classification

Planning1.00
Knowledge representation1.00
Machine learning0.99
AI hardware0.60
Natural language0.37
Speech0.07
Evolutionary computation0.00
Vision0.00

Ownership

JPMORGAN CHASE BANK, N.A.

assignment · 514500495

Assignors

CLARK, ADAM LEONARD HARRY, LASHIN, JAYSON, PENUMARTI, GIRIJA, ZHOU, MINDY, NUNEZ, LORYFEL, FENG, FEI, PRIYE, PARIVESH, MITCHELL, LAUREN

On an employer assignment, the assignors are typically the inventors.

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