Bank of America Corporation
System for automatic responses to predicted tail event outcomes
Last updated:
Abstract:
Embodiments of the present invention provide a system for a managing entity to automatically provide alerts based on tail event analysis. The system may receive input data in real time from vendor data feeds, social media data feeds, and a tail event ledger. The system may then automatically populate surveys, transmit the surveys to responders, and receive survey results from the responders. The survey results may be transmitted to specialists that return a predicted tail event outcome. This predicted tail event outcome is then automatically transmitted to partners, or decision makers, that provide action steps for responding to the predicted tail event outcome. The system may then continuously monitor the input data, identify an indicator of an occurrence of the tail event, and then automatically transmit the action steps to appropriate parties.
Utility
16 Jun 2016
10 Sep 2019