Invention Grant
- Patent Title: System and method for facilitating model-based classification of transactions
-
Application No.: US16115153Application Date: 2018-08-28
-
Publication No.: US11887013B2Publication Date: 2024-01-30
- Inventor: Vikas Kohli , Chetan Agarwal , Durgesh Chouksey , Abhay Jayant Joshi
- Applicant: THE BANK OF NEW YORK MELLON
- Applicant Address: US NY New York
- Assignee: THE BANK OF NEW YORK MELLON
- Current Assignee: THE BANK OF NEW YORK MELLON
- Current Assignee Address: US NY New York
- Agency: Pillsbury Winthrop Shaw Pittman, LLP
- Priority: IN 1711031897 2017.09.08
- Main IPC: G06N5/025
- IPC: G06N5/025 ; G06N3/08 ; G06F16/901 ; G06Q40/06

Abstract:
In certain embodiments, resolved exceptions information regarding resolved exceptions may be obtained. The resolved exceptions information may indicate the resolved exceptions and, for each resolved exception of the resolved exceptions, a set of attributes of a transaction for which the resolved exception was triggered. The resolved exceptions information may be provided as input to a prediction model to obtain multiple decision trees via the prediction model. Each decision tree of the multiple decision trees may comprise nodes and conditional branches, each node of the nodes of the decision tree indicating a probability of a dividend-related classification for a transaction that corresponds to the node. A decision tree may be obtained from the multiple decision trees. Unresolved exception information regarding unresolved exceptions may be processed based on the decision tree to determine which of the decision tree's nodes respectively correspond to transactions for which the unresolved exceptions were triggered.
Public/Granted literature
- US20190080248A1 SYSTEM AND METHOD FOR FACILITATING MODEL-BASED CLASSIFICATION OF TRANSACTIONS Public/Granted day:2019-03-14
Information query