CGI has been granted a patent for a method involving asset evaluation and funding. The method includes assessing user status, collecting historical information, and generating documents based on asset value. The system utilizes machine learning models and external data sources to make decisions on approving or rejecting requests for digital items. GlobalData’s report on CGI gives a 360-degree view of the company including its patenting strategy. Buy the report here.
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According to GlobalData’s company profile on CGI, was a key innovation area identified from patents. CGI's grant share as of May 2024 was 60%. Grant share is based on the ratio of number of grants to total number of patents.
Method for evaluating asset and funding based on user data
A recently granted patent (Publication Number: US11989776B1) outlines a computer-implemented method that involves receiving a request from a client device to access a digital item associated with an asset. The method includes collecting personal information of the user, assessing the user's status, evaluating their capacity to repay the digital item using external data sources, and determining attributes of the digital item based on various factors. The decision to approve or reject the request is generated using a machine learning model trained on user capacity, historical information, and attributes. If rejected, a recommended action is identified, executed, and a modified digital item is transmitted to the user. The system also involves parsing media files, identifying risk factors, providing the digital item for insurance evaluation, and managing exceptions based on user status.
Furthermore, the patent describes a system with processors and memory that execute instructions to perform the method's operations. This system receives requests to access digital items, collects user information, assesses user status, evaluates repayment capacity, and determines digital item attributes. The decision-making process involves machine learning models trained on user data and historical information. The system also handles exceptions, risk assessments, and provides access to digital items for review and distribution. Additionally, the system verifies that digital items satisfy business rules, provides information to third parties for insurance evaluations, and manages exceptions based on user status. The patent outlines a comprehensive computer-implemented method and system for efficient processing and evaluation of digital items associated with assets.
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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
