The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.

The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.

Date of Patent:
Jun. 09, 2020

Filed:

Oct. 14, 2016
Applicant:

Wells Fargo Bank, N.a., San Francisco, CA (US);

Inventors:

Robert Milden, Waxhaw, NC (US);

Timothy E. Carbery, Amherst, NH (US);

Terri Christine Kennell, Jacksonville, FL (US);

Assignee:

Wells Fargo Bank, N.A., San Francisco, CA (US);

Attorneys:
Primary Examiner:
Int. Cl.
CPC ...
G06Q 10/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 10/06375 (2013.01); G06Q 10/0635 (2013.01);
Abstract

Systems and methods provide for a system to assist policy exception approvers in making decisions on whether to grant or deny policy exception requests. The system disclosed herein takes in information about the policy and determines a risk level associated with granting the request and provides a color coded recommendation. Information that can be considered by the recommendation system includes loss associated with similar policy exception grants, the likelihood of loss occurring, and other contextual information about the operating environment. In an embodiment, if any of the information changes, the recommendation system can provide updated recommendations and or alerts.


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