System and method of event processing with machine learning
Systems and related methods include an Internet of Things data collection circuit structured to collect information about at least one entity involved in at least one transaction comprising at least one bond, a condition classifying circuit structured to classify a condition of the at least one entity in accordance with a model and based on information from the Internet of Things data collection circuit, wherein the model is trained using a training data set of a plurality outcomes related to the at least one entity, and an event processing circuit structured to undertake an action related to the at least one transaction in response to the classified condition of the at least one entity.
1. A system for automatically managing an activity related to a transaction, comprising:
a set of processors providing an Internet of Things (IoT) data collection circuit that collects information about at least one entity involved in at least one transaction that includes at least one bond, maintains a first training data set that comprises a plurality of outcomes related to a set of entities involved in a set of previous transactions, and maintains a second training data set that comprises a plurality of bond management activities;
a condition classifying circuit that includes an artificial intelligence (AI) circuit and that automatically classifies at least one condition of the at least one entity in accordance with a model and based on information collected from the Internet of Things data collection circuit, wherein the AI circuit is trained using the first training data set;
an event processing circuit that automatically processes an event relevant to at least one of a value, a condition, or an ownership of at least one asset, and executes an action related to the at least one transaction in response to the automatically classified condition of the at least one entity; and
an automated bond management circuit that manages an action related to the at least one bond, wherein the automated bond management circuit is trained using the second training data set.
2. The system of claim 1 , wherein the condition classified by the condition classifying circuit comprises at least one of a default condition, a foreclosure condition, a condition indicating violation of a covenant, a financial risk condition, a behavioral risk condition, a policy risk condition, a financial health condition, a physical defect condition, a physical health condition, an entity risk condition, or an entity health condition.
3. The system of claim 1 , wherein the (IoT) data collection circuit further comprises an (IoT) input circuit that:
receives input from a user; and
configures a query for information about the at least one entity in response to the received input.
4. The system of claim 1 , further comprising:
a data collection circuit that monitors at least one of an IoT device, an environmental condition sensor, a crowdsourcing request circuit, a crowdsourcing communication circuit, a crowdsourcing publishing circuit, or an algorithm for querying network domains,
wherein the condition classifying circuit further classifies the condition in response to information provided by the data collection circuit.
5. The system of claim 4 , wherein:
the data collection circuit further monitors an environment comprising at least one of: a municipal environment, a corporate environment, a securities trading environment, a real property environment, a commercial facility, a warehousing facility, a transportation environment, a manufacturing environment, a storage environment, a home, or a vehicle; and
the condition classifying circuit further classifies the condition in response to the monitored environment.
6. The system of claim 1 , wherein the second training data set includes a plurality of interactions of parties with a plurality of user interfaces involved in the plurality of bond management activities.
7. The system of claim 1 , further comprising a market value data collection circuit that monitors and reports on marketplace information relevant to a value of at least one of: a bond issuer, the at least one bond, or an asset related to the at least one bond.
8. The system of claim 7 , wherein the market value data collection circuit monitors pricing or financial data for an offset asset item in at least one public marketplace.
9. The system of claim 7 , further comprising a clustering circuit structured that constructs a plurality of offset asset items for valuing the asset based on an attribute of the asset.
10. The system of claim 9 , wherein the attribute comprises at least one of: a category, an asset age, an asset condition, an asset history, an asset storage, or a geolocation.
11. The system of claim 1 , further comprising a smart contract circuit that manages a smart contract for the at least one transaction.
12. The system of claim 11 , wherein the smart contract circuit is further structured to determine terms and conditions for the at least one bond.
13. The system of claim 1 wherein the action related to the at least one transaction executed by the event processing circuit includes at least one of: automatically initiating or automatically performing at least one of a bond transaction, underwriting a bond transaction, setting an interest rate, deferring a payment requirement, modifying an interest rate, validating title, managing inspection, recording a change in title, assessing the value of an asset, calling a loan, closing a transaction, setting terms and conditions for a transaction, providing notices required to be provided, foreclosing on a set of assets, modifying terms and conditions, setting a rating for an entity, syndicating bonds, or consolidating bonds.
14. A method for automatically managing an activity related to a transaction, comprising:
collecting, via an Internet of Things (IoT) data collection circuit, IoT information about at least one entity involved in at least one transaction that includes at least one bond;
training an AI circuit using a first training data set that comprises a plurality of outcomes related to a set of entities involved in a set of previous transactions;
automatically classifying at least one condition of the at least one entity via a condition classifying circuit that includes the trained AI circuit in accordance with a model and based on information collected by the (IoT) data collection circuit;
executing an action related to the at least one transaction in response to the classified condition of the at least one entity provided by the condition classifying circuit via an event processing circuit; and
managing an action related to the at least one bond via an automated bond management circuit that is trained using a second training data set that comprises a set of bond management activities.
15. The method of claim 14 , further comprising:
processing an event relevant to at least one of a value, a condition, or an ownership of at least one asset; and
undertaking the action related to the at least one transaction further in response to the event.
16. The method of claim 14 , further comprising monitoring and reporting on marketplace information relevant to a value of at least one of a bond issuer, the at least one bond, or an asset.
17. The method of claim 14 wherein the action related to the at least one transaction executed by the event processing circuit includes at least one of: automatically initiating or automatically performing at least one of a bond transaction, underwriting a bond transaction, setting an interest rate, deferring a payment requirement, modifying an interest rate, validating title, managing inspection, recording a change in title, assessing a value of an asset, calling a loan, closing a transaction, setting terms and conditions for a transaction, providing notices required to be provided, foreclosing on a set of assets, modifying terms and conditions, setting a rating for an entity, syndicating bonds, or consolidating bonds.