Infrastructure and architecture for development and execution of predictive models
First Claim
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1. A method comprising:
- grouping, by a computer based system configured for executing a plurality of predictive models, a plurality of consumers based on a spending attribute associated with the plurality of consumers, to create a group of consumers;
executing, by the computer-based system, the plurality of predictive models, wherein at least one of the predictive models in the plurality of predictive models is based upon data associated with the group of consumerstracking, by the computer-based system, the plurality of predictive models using a Population Stability Index (“
PSI”
); and
transmitting, by the computer-based system, to at least a subset of consumers in a group of consumers, a responding score that indicates a likelihood that each consumer in the group responds to an offer.
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Abstract
A system that enables development and execution of predictive models comprises a centralized data management system, a data extraction tool a model validation tool and a model execution tool. In embodiments, a data management system includes a data management server that can be accessed via a web browser that stores data. An extraction tool includes a data filter adapted to filter data based on, for example, a population criteria, a sample size, and a date range criteria. A model validation tool validates the model. A model execution tool allows a user to score the model.
62 Citations
19 Claims
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1. A method comprising:
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grouping, by a computer based system configured for executing a plurality of predictive models, a plurality of consumers based on a spending attribute associated with the plurality of consumers, to create a group of consumers; executing, by the computer-based system, the plurality of predictive models, wherein at least one of the predictive models in the plurality of predictive models is based upon data associated with the group of consumers tracking, by the computer-based system, the plurality of predictive models using a Population Stability Index (“
PSI”
); andtransmitting, by the computer-based system, to at least a subset of consumers in a group of consumers, a responding score that indicates a likelihood that each consumer in the group responds to an offer. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17)
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18. An article of manufacture including a non-transitory, tangible computer readable storage medium having instructions stored thereon that, in response to execution by a computer-based system configured for executing a plurality of predictive models, cause the computer-based system to perform operations comprising:
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grouping, by the computer based system, a plurality of consumers based on a spending attribute associated with the plurality of consumers, to create a group of consumers; executing, by the computer-based system, the plurality of predictive models, wherein at least one of the predictive models in the plurality of predictive models is based upon data associated with the group of consumers tracking, by the computer-based system, the plurality of predictive models using a Population Stability Index (“
PSI”
); andtransmitting, by the computer-based system, to at least a subset of consumers in a group of consumers a responding score that indicates a likelihood that each consumer in the group responds to an offer.
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19. A system comprising:
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a tangible, non-transitory memory communicating with a processor configured for executing a plurality of predictive models, the tangible, non-transitory memory having instructions stored thereon that, in response to execution by the processor, cause the processor to perform operations comprising; grouping, by the processor, a plurality of consumers based on a spending attribute associated with the plurality of consumers, to create a group of consumers; executing, by the processor, the plurality of predictive models, wherein at least one of the predictive models in the plurality of predictive models is based upon data associated with the group of consumers tracking, by the processor, the plurality of predictive models using a Population Stability Index (“
PSI”
); andtransmitting, by the processor, to at least a subset of consumers in a group of consumers a responding score that indicates a likelihood that each consumer in the group responds to an offer.
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Specification