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.
Patent No.:
Date of Patent:
Jul. 28, 2020
Filed:
Feb. 22, 2016
Metropolitan Life Insurance Co., New York, NY (US);
John Varghes, New York, NY (US);
Laura Heeger, New York, NY (US);
Jonathan Corbett, New York, NY (US);
Anthony Stern, New York, NY (US);
Metropolitan Life Insurance Co., New York, NY (US);
Abstract
A system for a financial institution (or vendor thereof) to comply with its due diligence, reporting and monitoring obligations under FACTA or similar regulations. The present invention deploys a computer-based Enterprise Data Quality (EDQ) platform for the collection and management of customer financial data. The platform is configured to profile and validate the quality of existing database structures and content and, to the extent necessary to achieve regulatory compliance, normalize and standardize database records. The platform is further configured to detect and flag data anomalies, and provides an automatic alert distribution feature. The EDQ platform further includes a reporting feature to enable an accessible audit trail. The platform gathers data feeds from existing systems and supports the collection of data from new customers.