Systems, methods, apparatus, and schema for storing, managing and retrieving information

• US 8,762,191 B2
• Filed: 09/15/2004
• Issued: 06/24/2014
• Est. Priority Date: 07/02/2004
• Status: Active Grant

• Current Assignee: Regulatory DataCorp, Inc. (Moody's Corporation)
• Original Assignee: Goldman Sachs & Company (Goldman Sachs Group Incorporated)
• Inventors: Lawrence, David, Nitze, Peter, MacDonald, Alasdair
• Primary Examiner(s): WILSON, CANDICE D C
• Application Number:
  US10/941,265
• Publication Number:
  US 20060004814A1
• Time in Patent Office: 3,569 Days
• Field of Search: 705/1, 705/1.1
• US Class Current: 705/7.28
• CPC Class Codes: G06F 16/22 Indexing; Data structures therefor; Storage structures
• CPC Class Codes: G06F 16/245 Query processing
• CPC Class Codes: G06F 16/285 Clustering or classification
• CPC Class Codes: G06Q 10/0635 Risk analysis of enterprise or organisation activities
• CPC Class Codes: G06Q 40/03 Credit; Loans; Processing thereof
• CPC Class Codes: G06Q 40/08 Insurance
• CPC Class Codes: H04L 63/1416 Event detection, e.g. attack signature detection

Abstract

An amount of risk associated with a transaction may be determined by transforming collected information into a searchable database where the collected information may be assessed for relevancy and redundancy, parsed into categories of relevancy based on at least one risk, stored in a database, and outputted into a graphical user interface. Information may also be collected from a plurality of sources, translated into at least one standardized format, parsed into a plurality of portions, assessed based on a risk-relevancy metric, tagged based on the risk-relevancy metric, filtered based on redundancy, stored within the data structure, and outputted into a data storage structure to a graphical user interface. Unstructured information may be obtained from a large variety of sources, which may allow users to make decisions—regarding, for example, transactions, relationships, or the like—from a risk perspective.

Claims

1. A processor implemented method for identifying risk, comprising:

receiving information associated with at least one risk for identifying at least one predetermined indicator of risk-relevant information, wherein based on the identifying, the received information is processed to redact redundant information;

analyzing, by a processor, the received information to determine relevancy of the information with regard to the at least one risk;

tagging, by the processor, the information with at least one risk-relevancy tag based on the determination of the relevancy of the information with regard to the at least one risk;

processing the tagged information to remove redundant information and information not deemed to be relevant to the at least one risk, thereby creating the risk-relevant information;

parsing, by the processor, the risk-relevant information into a plurality of portions categorized by the at least one risk-relevancy tag;

determining, by the processor, a risk-relevancy metric of each of the plurality of portions, wherein the at least one risk-relevancy tag identifies the risk-relevancy metric associated with a relevant portion of the information with respect to the at least one risk, the risk-relevancy metric indicating a likelihood that the relevant portion of the information is relevant to the at least one risk;

storing the risk-relevant information in a data storage structure, wherein the data storage structure includes a plurality of areas that are interrelated to facilitate the identification of the at least one risk; and

outputting the risk-relevant information stored in the data storage structure to a risk identification graphical user interface.

2. The method of claim 1, wherein the each of the plurality of portions is associated with the at least one of the tags.

3. The method of claim 2, wherein each of the plurality of portions is stored in at least one of the plurality of areas.

4. The method of claim 1, wherein the received information is associated with a device that determines the relevancy of the information with regard to the at least one risk.

5. The method of claim 1, wherein the information is received from a device that determines a redundancy of the information.

6. The method of claim 1, wherein the information is received from a device that collects the information from a plurality of sources.

7. The method of claim 1, wherein the information is received from a device that causes insertion of the information into the data storage structure.

8. The method of claim 1, wherein the plurality of areas include:

an area for storing information associated with an individual;

an area for storing information associated with an event;

an area for storing information associated with an item; and

an area for storing information associated with an organization.

9. The method of claim 8, wherein the plurality of areas further include:

an area for storing information associated with an address.

10. The method of claim 8, wherein the individual includes an individual that is a party involved in a transaction.

11. The method of claim 10, wherein the transaction includes a financial transaction.

12. The method of claim 8, wherein the event includes at least one event associated with the at least one risk.

13. The method of claim 1, wherein the data storage structure further includes the risk-relevant information that is further parsed into:

at least one unique key that defines an association between at least one of (i) an individual and an event, (ii) an individual and an item, (iii) an individual and an organization, (iv) an event and an item, (v) an event and an organization (vi) an item and an organization, (vii) a first individual and a second individual, (viii) a first event and a second event, (ix) a first item and a second item, and (x) a first organization and a second organization.

14. The method of claim 1, wherein the data storage structure further includes the risk-relevant information that is further parsed into:

at least one unique key that defines an association between at least one of (i) an event and an address, (iii) an item and an address, and (v) a first address and a second address.

15. The method of claim 1, wherein the data storage structure further includes the risk-relevant information that is further parsed into:

at least one unique key that defines an association between at least one of (i) an individual and an address, and (iv) an organization and an address, wherein the address is related to the at least one risk.

16. The method of claim 1, wherein the at least one risk includes at least one of a financial risk, a risk to reputation, a regulatory risk, or a legal risk.

24. The method of claim 1, further comprising computing an overall risk-relevancy metric for the information.

25. The method of claim 24, wherein computing the overall risk-relevancy metric for the information includes averaging the risk-relevancy metrics for the plurality of portions.

17. A risk identifying processor-implemented method, comprising:

collecting, by a processor, information from a plurality of information sources;

translating, via the processor, the collected information into at least one standardized format;

parsing, via the processor, the information into a plurality of portions;

determining, via the processor, a risk-relevancy metric of each of the plurality of portions, the risk-relevancy metric of each of the plurality of portions indicating a likelihood that a respective portion of the plurality of portions of the information is relevant to at least one risk;

analyzing, via the processor, the parsed information to determine risk relevancy of the parsed information for determining a risk-relevancy tag;

tagging, via the processor, at least one portion of the information as risk-relevant based on the determined risk-relevancy metric;

filtering, via the processor, the tagged at least one portion of the information to remove information not deemed to be risk-relevant;

filtering, via the processor, a redundancy of the tagged at least one portion of the information;

storing, via the processor, the filtered tagged at least one portion of the information in a data storage structure; and

outputting, via the processor, the information stored in the data storage structure to a risk identification graphical user interface.

26. The method of claim 17, further comprising computing an overall risk-relevancy metric for the information.

27. The method of claim 26, wherein computing the overall risk-relevancy metric for the information includes averaging the risk-relevancy metrics for the plurality of portions.

18. A risk identifying apparatus, comprising:

a memory;

a processor disposed in communication with said memory, and configured to issue a plurality of processing instructions stored in the memory, wherein the processor issues instructions to;

receive information associated with at least one risk for identifying at least one predetermined indicator of risk-relevant information;

analyze the received information to determine relevancy of the information with regard to the at least one risk and tagging the information with at least one risk-relevancy tag based on a determination of the relevancy of the information with regard to the at least one risk;

process the tagged information to remove redundant information and information not deemed to be relevant to the at least one risk, thereby creating the risk-relevant information;

parse the risk-relevant information into a plurality of portions categorized by the at least one risk-relevancy tag;

determine a risk-relevancy metric of each of the plurality of portions, wherein the at least one risk-relevancy tag identifies the risk-relevancy metric associated with a relevant portion of the information with respect to the at least one risk, the risk-relevancy metric indicating a likelihood that the relevant portion of the information is relevant to the at least one risk;

store the risk-relevant information In a data storage structure, wherein the data storage structure includes a plurality of areas that are interrelated to facilitate the identification of the at least one risk; and

output the risk-relevant information stored in the data storage structure to a risk identification graphical user interface.

19. The apparatus of claim 18, wherein the information is received from a device that determines a relevancy of the information.

20. The apparatus of claim 18, wherein the information is received from a device that determines a redundancy of the information.

21. The apparatus of claim 18, wherein the information is received from a device that collects the information from a plurality of sources.

22. The apparatus of claim 18, wherein the information is received from a device that causes insertion of the information into the data storage structure.

28. The apparatus of claim 18, wherein the processor further issues instructions to compute an overall risk relevancy for the information.

29. The apparatus of claim 28, wherein computing the overall risk relevancy for the information includes averaging the risk-relevancy metrics for the plurality of portions.

23. A risk identifying apparatus, comprising:

a memory;

a processor disposed in communication with said memory, and configured to issue a plurality of processing instructions stored in the memory, wherein the processor issues instructions to;

collect information from a plurality of information sources;

translate the collected information into at least one standardized format;

parse the information into a plurality of portions;

determine a risk-relevancy metric of each of the plurality of portions, the risk-relevancy metric of each of the plurality of portions indicating a likelihood that a respective portion of the plurality of portions of the information is relevant to at least one risk;

analyze the information to determine risk relevancy of the parsed information for determining a risk-relevancy tag;

tag at least one portion of the information as risk-relevant based on the determined risk-relevancy metric;

filter the tagged at least one portion of the information to remove information not deemed to be risk-relevant;

filter a redundancy of the tagged at least one portion of the information;

store the filtered tagged at least one portion of the information in a data storage structure; and

output the information stored in the data storage structure to a risk identification graphical user interface.

30. The apparatus of claim 23, wherein the processor further issues instructions to compute an overall risk relevancy for the information.

31. The method of claim 30, wherein computing the overall risk relevancy for the information includes averaging the risk-relevancy metrics for the plurality of portions.