RESEARCH REPORT RECOMMENDATION ENGINE ("R+hu 3 +lE")

• US 20150073958A1
• Filed: 09/12/2013
• Published: 03/12/2015
• Est. Priority Date: 09/12/2013
• Status: Abandoned Application

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Schweer, Graham E., Saini, Sandeep, Browne, Daire
• Application Number:
  US14/025,640
• Publication Number:
  US 20150073958A1
• Time in Patent Office: Days
• US Class Current: 705/35
• CPC Class Codes: G06Q 40/00 Finance; Insurance; Tax strategies; Processing of corporate or income taxes

Abstract

A processor for providing a plurality of research reports to a pre-determined entity. The processor may rank a plurality of research reports based, at least in part, on the magnitude of times the research reports have been read by a group of peers of the pre-determined entity. The processor may assign a first score (r) to each of the research reports based on the ranking. The processor may also rank the plurality of research reports using multi-dimensional clustering and assign a second score based thereon (i). The processor may also rank the plurality of research reports using a trending metric and assign a third score (p) based thereon. The trending metric may be based on the amount of times the research reports were read in a pre-determined period. The processor may calculate a final report score for each research report according to the following equation:

$\sum _{w=1}^{w=n}\mathrm{Final}\mathrm{Report}\mathrm{Score}\left(w\right)=\mathrm{dp}*\left(r+i+p\right)$

• dp=a freshness of reports.

Claims

1. Apparatus for ranking a plurality of research reports, the apparatus comprising:

a receiver configured to receive the plurality of research reports;

a processor configured to rank the plurality of research reports based, at least in part, on the magnitude of times the research reports have been downloaded by a group of peers of a pre-determined entity, and, based on the ranking of research reports, assign a first score to each of the plurality of research reports;

the processor being further configured to rank the plurality of research reports using multi-dimensional clustering, the ranking using multi-dimensional clustering, the ranking based, at least in part, on the proximity of the research report to a center of a multi-dimensional cluster, and based on the ranking using multi-dimensional clustering, assign a second score to each of the plurality of research reports; and

the processor being further configured to rank the plurality of research reports using a trending metric assigned to each of the plurality of research reports, the trending metric being based on the amount of times the research reports were read, the trending metric being updated periodically, and, based on the trending metric, to assign a third score to each of the plurality of research reports;

the processor being further configured to calculate a final report score for each research report, the final report score being based, at least in part, on the sum of the first score, the second score and the third score; and

the processor being further configured to reduce the magnitude of each final report score based, at least in part, on the magnitude of elapsed time from publication of each research report.

2. The apparatus of claim 1 wherein the group of peers is clustered according to the report readership of the peers.

3. The apparatus of claim 2 wherein the ranking based on the magnitude of times each of the research reports has been read by a group of peers is based further on co-occurrence of report readership among the peer group.

4. The apparatus of claim 1 wherein the multi-dimensional cluster consists of at least three dimensions selected from the group of asset class, industry, ticker, asset type, analyst and rating.

5. The apparatus of claim 1 wherein the trending metric is updated every 15 minutes or less.

6. The apparatus of claim 1 wherein the trending metric is based, at least in part, on information written to a real-time readership log.

7. The apparatus of claim 1 wherein each of the first score, the second score and the third score may be weighted individually to change its respective effect on the final report score.

8. The apparatus of claim 9 wherein the processor is further configured to filter out reports that have previously been transmitted to the pre-determined entity.

9. The apparatus of claim 1 wherein the processor is further configured to provide the plurality of the pre-determined number of research reports to the pre-determined entity based, at least in part, on the final report score.

10. An article of manufacture comprising a non-transitory computer usable medium having computer readable program code embodied therein, the code when executed by a processor causes a computer associated with a financial institution to provide a plurality of research reports to a pre-determined entity, the computer readable program code in said article comprising:

computer readable program code for causing the computer to rank a plurality of research reports based, at least in part, on the magnitude of times the research reports have been read by a group of peers of the pre-determined entity, and, based on the ranking, assign a first score (r) to each of the plurality of research reports;

computer readable program code for causing the computer to rank the plurality of research reports using multi-dimensional clustering, said ranking using multi-dimensional clustering for arranging the plurality of research reports with respect to proximity to a center of a multi-dimensional cluster, and, based on the ranking using the multi-dimensional clustering, assign a second score (i) to each of the plurality of research reports;

computer readable program code for causing the computer to rank the plurality of research reports using a trending metric assigned to each of the plurality of research reports, the trending metric representing the magnitude of times the research reports were reviewed, the trending metric being updated following a pre-determined time period, and, based on the ranking using the trending metric, assign a third score (p) to each of the plurality of research reports; and

computer readable program code for causing the computer to calculate a final report score for each research report according to the following equation;

11. The article of claim 10 wherein the group of peers is clustered according to the report readership of the peers.

12. The article of claim 11 wherein the ranking based on the magnitude of times the research reports have been read by a group of peers is further based, at least in part, on co-occurrence of report readership among the peer group.

13. The article of claim 10 wherein the multi-dimensional cluster consists of at least three dimensions selected from the group of asset class, industry, ticker, asset type, analyst and rating.

14. The article of claim 10 wherein the predetermined time period is 15 minutes or less.

15. The article of claim 10 wherein the trending metric is based, at least in part, on information written to a real-time readership log.

16. The article of claim 10 wherein w is adjustable by at least one of w₁, w₂ and w₃ such that:

17. The article of claim 10 wherein the processor is further configured to filter out reports that have previously been transmitted to the pre-determined entity.

18. The article of claim 10 wherein the processor is further configured to provide the pre-determined number of research reports to the pre-determined entity based, at least in part, on the final report score of the pre-determined number of research reports.