System for simulation and implementation of dynamic state-dependent resource reconfiguration

• US 10,013,714 B2
• Filed: 09/11/2015
• Issued: 07/03/2018
• Est. Priority Date: 09/11/2015
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Dintenfass, Katherine, Missouri, Damon C., Wadley, Cameron Darnell, Wittkowski, Alexander C., Jones-McFadden, Alicia C., Thompson, Angela Fritz
• Primary Examiner(s): Norman, Samica L
• Application Number:
  US14/851,623
• Publication Number:
  US 20170076364A1
• Time in Patent Office: 1,026 Days
• Field of Search: 705 36 R, 705312
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes
• CPC Class Codes: G06Q 50/186 Estate planning
• CPC Class Codes: G06Q 50/188 Electronic negotiation

Abstract

Embodiments of the invention are directed to systems, methods, and computer program products for implementing a dynamic state-dependent resource reconfiguration, such as the reconfiguration of resources and assets that may occur with a relationship between a first user and a second user is terminated. Example embodiments include incorporating into the resource reconfiguration aspects of prior user agreements and simulating the expected outcome of the dynamic state-dependent resource reconfiguration.

Claims

1. A system for implementing a state-dependent resource reconfiguration, the system comprising:

a memory device with non-transitory computer readable program code stored thereon;

a communication device;

a processing device operatively coupled to the memory device and the communication device within a network, wherein the processing device is configured to execute the computer-readable program code to;

establish a first communication channel with a first mobile device of a first user;

receive, via the first communication channel, a request from the first mobile device of the first user to implement a state-dependent resource reconfiguration;

establish a second communication channel with a second mobile device of a second user;

receive, via the second communication channel, a request from the second mobile device of the second user to implement the state-dependent resource reconfiguration, wherein the second user and the first user are in a relationship that is characterized by a joint ownership by the first user and the second user of a plurality of shared assets;

determine a unique identity of the first mobile device and of the second mobile device;

perform a security check of the first mobile device by (1) determining, based on the unique identity of the first mobile device, that the first mobile device is associated with the first user and (2) determining that the first mobile device is not corrupted with viruses or malware;

perform a security check of the second mobile device by (1) determining, based on the unique identity of the second mobile device, that the second mobile device is associated with the second user and (2) determining that the second mobile device is not corrupted with viruses or malware; and

based on performing the security check of the first mobile device and the security check of the second mobile device, automatically initiate the state-dependent resource reconfiguration, wherein initiating the state-dependent resource reconfiguration comprises automatically;

receiving a preexisting agreement related to the state-dependent resource reconfiguration;

parsing the agreement to identify a plurality of asset category labels;

based on parsing the agreement to identify the plurality of asset category labels, identifying a first set of assets and a second set of assets, wherein the first set of assets comprises a first plurality of assets and wherein the second set of assets comprises a second plurality of assets, and wherein the first set of assets and the second set of assets are mutually exclusive and wherein a combination of the first plurality of assets and the second plurality of assets comprises the plurality of shared assets;

assigning the first set of assets to the first user and assigning the second set of assets to the second user;

changing an identification of a first beneficiary associated with the first set of assets and an identification of a second beneficiary associated with the second set of assets such that the second user is not identified as the first beneficiary and that the first user is not identified as the second beneficiary; and

blocking the first user from accessing the second set of assets and blocking the second user from accessing the first set of assets.

2. The system of claim 1, wherein the processing device is further configured to execute the computer-readable program code to:

block all access by the first user and the second user to the plurality of shared assets.

3. The system of claim 1, wherein the processing device is further configured to execute the computer-readable program code to:

apply one or more of the plurality of asset category labels to each shared asset within the plurality of shared assets.

4. The system of claim 3, wherein the processing device is further configured to execute the computer-readable program code to:

assign each shared asset from among the plurality of shared assets to either the first user or the second user based at least in part on the one or more category labels applied to each asset from among the plurality of shared assets.

5. The system of claim 1, wherein the processing device is further configured to execute the computer-readable program code to:

prior to initiating the state-dependent resource reconfiguration, present to the first user and the second user a model depicting an outcome of the state-dependent resource reconfiguration, wherein the outcome comprises a listing of the first plurality of assets and the second plurality of assets.

6. The system of claim 5, wherein the outcome further comprises a simulation of an expected cash flow associated with the first user and an expected cash flow associated with the second user.

7. The system of claim 6, wherein the processing device is further configured to execute the computer-readable program code to:

establish a third communication channel between the first mobile device of the first user and a user device associated with a third user; and

establish a fourth communication channel between the second mobile device of the second user and the user device associated with the third user, wherein the third user is unaffiliated with first user and is unaffiliated with the second user.

8. A computer program product for implementing dynamic state-dependent resource reconfiguration, the computer program product comprising at least one non-transitory computer-readable medium having computer-readable program code portions embodied therein, the computer-readable program code portions comprising:

an executable portion configured to establish a first communication channel with a first mobile device of a first user;

an executable portion configured to receive, via the first communication channel, a request from the first mobile device of the first user to implement a state-dependent resource reconfiguration;

an executable portion configured to establish a second communication channel with a second mobile device of a second user;

an executable portion configured to receive, via the second communication channel, a request from the second mobile device of the second user to implement the state-dependent resource reconfiguration, wherein the second user and the first user are in a relationship that is characterized by a joint ownership by the first user and the second user of a plurality of shared assets;

an executable portion configured to determine a unique identity of the first mobile device and of the second mobile device;

an executable portion configured to perform a security check of the first mobile device by (1) determining, based on the unique identity of the first mobile device, that the first mobile device is associated with the first user and (2) determining that the first mobile device is not corrupted with viruses or malware;

an executable portion configured to perform a security check of the second mobile device by (1) determining, based on the unique identity of the second mobile device, that the second mobile device is associated with the second user and (2) determining that the second mobile device is not corrupted with viruses or malware; and

an executable portion configured to, based on performing the security check of the first mobile device and the security check of the second mobile device, automatically initiate the state-dependent resource reconfiguration, wherein initiating the state-dependent resource reconfiguration comprises automatically;

receiving a preexisting agreement related to the state-dependent resource reconfiguration;

parsing the agreement to identify a plurality of asset category labels;

based on parsing the agreement to identify the plurality of asset category labels, identifying a first set of assets and a second set of assets, wherein the first set of assets comprises a first plurality of assets and wherein the second set of assets comprises a second plurality of assets, and wherein the first set of assets and the second set of assets are mutually exclusive and wherein a combination of the first plurality of assets and the second plurality of assets comprises the plurality of shared assets;

assigning the first set of assets to the first user and assigning the second set of assets to the second user;

changing an identification of a first beneficiary associated with the first set of assets and an identification of a second beneficiary associated with the second set of assets such that the second user is not identified as the first beneficiary and that the first user is not identified as the second beneficiary; and

blocking the first user from accessing the second set of assets and blocking the second user from accessing the first set of assets.

9. The computer program product of claim 8, wherein the computer-readable program code portions further comprise:

an executable portion configured to block all access by the first user and the second user to the plurality of shared assets.

10. The computer program product of claim 8, wherein the computer-readable program code portions further comprise:

an executable portion configured to apply one or more of the plurality of asset category labels to each shared asset within the plurality of shared assets.

11. The computer program product of claim 10, wherein the computer-readable program code portions further comprise:

an executable portion configured to assign each shared asset from among the plurality of shared assets to either the first user or the second user based at least in part on the one or more category labels applied to each asset from among the plurality of shared assets.

12. The computer program product of claim 8, wherein the computer readable program code portions further comprise:

an executable portion configured to, prior to initiating the state-dependent resource reconfiguration, present to the first user and the second user a model depicting an outcome of the state-dependent resource reconfiguration, wherein the outcome comprises a listing of the first plurality of assets and the second plurality of assets.

13. The computer program product of claim 12, wherein the outcome further comprises a simulation of an expected cash flow associated with the first user and an expected cash flow associated with the second user.

14. The computer program product of claim 13, wherein the computer-readable program code portions further comprise:

an executable portion configured to establish a third communication channel between the first mobile device of the first user and a user device associated with a third user; and

an executable portion configured to establish a fourth communication channel between the second mobile device of the second user and the user device associated with the third user, wherein the third user is unaffiliated with first user and is unaffiliated with the second user.

15. A computer-implemented method for implementing a state-dependent resource reconfiguration, the method comprising:

establishing, via a computer processor, a first communication channel with a first mobile device of a first user;

receiving, via a computer processor, via the first communication channel, a request from the first mobile device of the first user to implement a state-dependent resource reconfiguration;

establishing, via a computer processor, a second communication channel with a second mobile device of a second user;

receiving, via a computer processor, via the second communication channel, a request from the second mobile device of the second user to implement the state-dependent resource reconfiguration, wherein the second user and the first user are in a relationship that is characterized by a joint ownership by the first user and the second user of a plurality of shared assets;

determining, via a computer processor, a unique identity of the first mobile device and of the second mobile device;

performing, via a computer processor, a security check of the first mobile device by (1) determining, based on the unique identity of the first mobile device, that the first mobile device is associated with the first user and (2) determining that the first mobile device is not corrupted with viruses or malware;

performing, via a computer processor, a security check of the second mobile device by (1) determining, based on the unique identity of the second mobile device, that the second mobile device is associated with the second user and (2) determining that the second mobile device is not corrupted with viruses or malware; and

based on performing the security check of the first mobile device and the security check of the second mobile device, automatically initiating, via a computer processor, the state-dependent resource reconfiguration, wherein initiating the state-dependent resource reconfiguration comprises automatically;

receiving a preexisting agreement related to the state-dependent resource reconfiguration;

parsing the agreement to identify a plurality of asset category labels;

based on parsing the agreement to identify the plurality of asset category labels, identifying a first set of assets and a second set of assets, wherein the first set of assets comprises a first plurality of assets and wherein the second set of assets comprises a second plurality of assets, and wherein the first set of assets and the second set of assets are mutually exclusive and wherein a combination of the first plurality of assets and the second plurality of assets comprises the plurality of shared assets;

assigning the first set of assets to the first user and assigning the second set of assets to the second user;

changing an identification of a first beneficiary associated with the first set of assets and an identification of a second beneficiary associated with the second set of assets such that the second user is not identified as the first beneficiary and that the first user is not identified as the second beneficiary; and

blocking the first user from accessing the second set of assets and blocking the second user from accessing the first set of assets.

16. The method of claim 15, further comprising:

blocking all access by the first user and the second user to the plurality of shared assets.

17. The method of claim 15, further comprising:

applying one or more of the plurality of asset category labels to each shared asset within the plurality of shared assets.

18. The method of claim 17, further comprising:

assigning each shared asset from among the plurality of shared assets to either the first user or the second user based at least in part on the one or more category labels applied to each asset from among the plurality of shared assets.

19. The method of claim 15, further comprising:

prior to initiating the state-dependent resource reconfiguration, presenting to the first user and the second user a model depicting an outcome of the state-dependent resource reconfiguration, wherein the outcome comprises a listing of the first plurality of assets and the second plurality of assets and a simulation of an expected cash flow associated with the first user and an expected cash flow associated with the second user.

20. The method of claim 19, further comprising:

establishing a third communication channel between the first mobile device of the first user and a user device associated with a third user; and

establishing a fourth communication channel between the second mobile device of the second user and the user device associated with the third user, wherein the third user is unaffiliated with first user and is unaffiliated with the second user.