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.
AI classification
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.