SYSTEM AND METHOD FOR TRANSACTION RECONCILIATION AND ANOMALY DETECTION USING TOKENIZED DECENTRALIZED MESH

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United States of America

APP PUB NO 20240378668A1
SERIAL NO

18144338

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Abstract

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Aspects of the disclosure relate to a dual-system reconciliation process of trades. A first real-time trade processing and centralized reconciliation engine may continuously process trades in real-time and may perform centralized reconciliation of the trades. An anomaly detection and reconciliation mesh analysis engine may tokenize trade metadata received from the first real-time trade processing and centralized reconciliation engine, generate tokenized trade digital DNA, generate hashed tokenized trade digital DNA, evaluate and validate the hashed data, and perform decentralized reconciliation mesh analysis of the hashed data using a reconciliation mesh. The anomaly detection and reconciliation mesh analysis engine may send one or more monitory policies from the reconciliation mesh to a user device and may receive a first monitory policy selection from the user device. The anomaly detection and reconciliation mesh analysis engine may update the decentralized reconciliation mesh based on the first monitory policy selection.

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Patent Owner(s)

Patent OwnerAddress
BANK OF AMERICA CORPORATION214 NORTH TRYON STREET MAILCODE NC1-027-20-05 CHARLOTTE NC 28255

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bakshi, Sakshi New Delhi, IN 42 9
Bansal, Arvind Haryana, IN 2 0
Chandran, Sharat Hyderabad, IN 4 12
Juneja, Kapil Rajasthan, IN 16 55
Khan, Arif Ahmad New Delhi, IN 2 0
Kutthumolu, Durga Prasad Telangana, IN 34 8

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