US Patent Issued to Bank of America on Jan. 20 for "Intelligent and adaptive complex event processor for a cloud-based platform" (Indian Inventor)

ALEXANDRIA, Va., Jan. 20 -- United States Patent no. 12,530,575, issued on Jan. 20, was assigned to Bank of America Corp. (Charlotte, N.C.).

"Intelligent and adaptive complex event processor for a cloud-based platform" was invented by Vinay Laxmikant Bade (Telangana, India).

According to the abstract* released by the U.S. Patent & Trademark Office: "Streaming data channels are configured to inject time series-based data sets into a private cloud platform at which complex event processing engines implementing a recurrent neural network using a Nonlinear Autoregressive Moving-Average (NARMA) model identifies patterns in the data sets to continuously determine future/predictive data points for each data set. The dynamic future/predictive dat...