Abstract: Embodiments of the present invention provide a system for dynamic regulatory change management for an enterprise. The system continuously monitors multiple regulatory data sources to identify regulatory change management documentation. The system then scans descriptive fields within each identified regulatory change documentation for coverage area indicator terms and phrases. A machine learning system then determines an impact value for each identified regulatory change documentation for one or more regulatory inventories of the enterprise by analyzing the coverage area indicator terms and phrases. If the impact value is above a predetermined threshold, the system alerts a user dashboard associated with a particular regulatory inventory to the regulatory change documentation. If the impact value is below the predetermined threshold, the system tags the regulatory change documentation as not being relevant to the regulatory inventory.
Type:
Grant
Filed:
December 3, 2018
Date of Patent:
December 22, 2020
Assignee:
BANK OF AMERICA CORPORATION
Inventors:
Richard Allen Snyder, Kristi Lynn Wetmore, Sarah MacKenzie Beatty, Jennifer Robin Asaro