Proactive News Analytics Using Custom Keyword Libraries

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Solution Overview

Problem

Current analysis tools fail to effectively extract and process predictive and conditional statements from unstructured sources, leading to difficulties in identifying relevant information in real-time, especially in financial contexts, as they are not customized to individual users and often lose their competitive advantage by the time events occur.

Innovation Solution

A computer-implemented method that extracts predictive statements, normalizes and links them, removes inconsistencies, creates custom keyword libraries, and uses natural language processing to analyze data from various sources, including news and social media, for proactive sentiment analysis and confidence scoring, enabling proactive awareness of predicted events.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Loss of information

If typical analysis tools are used to monitor news sources, then information can be collected, but the tools fail to extract relevant predictive statements and are not customized to individual users

Engineering Contradiction:
Improverelevant information extractionVSAvoidcustomization to user
Core Design Contradiction:
Loss of informationVSAdaptability or versatility

Solution Approach 1:

The system creates customized keyword libraries and natural language processing structures tailored to each user's specific interests and industry. Instead of using generic analysis tools, the system adapts the keyword library and NLP structures to match individual user preferences, ensuring that predictive statements are extracted and monitored according to each user's specific needs and industry context.

Inventive Principle:
Principle #3Local quality

Solution Approach 2:

The system extracts and processes predictive statements from research reports in advance, creating customized keyword libraries and NLP structures before the events occur. This preliminary action allows the system to proactively monitor for signs of predicted events rather than reacting after they happen, giving users a competitive advantage by anticipating future developments in their industry.

Inventive Principle:
Principle #10Preliminary action

2Loss of time

If research reports with predictive statements are processed, then future events can be anticipated, but the statements are difficult to process due to conditional formatting and lack of real-time relevance

Engineering Contradiction:
Improvereal-time processingVSAvoidstatement processing complexity
Core Design Contradiction:
Loss of timeVSDevice complexity

Solution Approach 1:

The system segments the processing into distinct stages: extracting predictive statements from research reports, normalizing them into a standardized format, creating customized keyword libraries, generating NLP structures, and then monitoring for matching events. This segmentation allows each stage to be optimized independently, making the overall complex process manageable and efficient.

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The system transforms conditional statements from research reports into a standardized normalized format with consistent parameters. By changing the parameter representation of predictive statements into a uniform structure that includes event type, condition, and predicted outcome, the system simplifies processing and enables efficient matching with real-time news data without requiring complex interpretation of various conditional formats.

Inventive Principle:
Principle #35Parameter changes

3Reliability

If predictive statements are monitored until events occur, then relevant information can be found, but the competitive advantage diminishes by the time events happen

Engineering Contradiction:
Improveinformation accuracyVSAvoidtime to act
Core Design Contradiction:
ReliabilityVSLoss of time

Solution Approach 1:

The system extracts and processes predictive statements from research reports in advance, creating customized keyword libraries and NLP structures before the predicted events occur. This allows the system to proactively monitor for signs of predicted events rather than reacting after they happen. By preparing the monitoring infrastructure beforehand and continuously scanning for matching conditions, the system can detect early signs of predicted events and alert users before the events fully unfold, maintaining competitive advantage.

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The system continuously monitors news and social media sources, comparing real-time data against the customized keyword libraries and NLP structures derived from predictive statements. When matching conditions are detected, the system provides feedback to users through customized alerts and analyses. This feedback mechanism enables users to act on predicted events as they unfold, maintaining timely competitive advantage while ensuring information accuracy through continuous verification against the original predictive statements.

Inventive Principle:
Principle #23Feedback

Data Source

PatentUSRE46983E1System and method for research report guided proactive news analytics for streaming news and social media
Publication Date: 2018.08.07 JPMORGAN CHASE BANK NA
  • USRE46983E1 patent drawing
  • USRE46983E1 patent drawing
  • USRE46983E1 patent drawing

AI summary

Systems and methods may provide proactive news analytics based on integrated prediction statements. Users may extract and collect conditional statements from research reports. A compiled list based on the processing/linking of statements for signal generation may then be created. Similarly, a list of counter statements that are assigned a conflict rating that specifies how much agreement/disagreement on a specific topic exists for the counter statement and the statement itself may be created. The custom library may have semantic capabilities to justify conditional statements in order to capture meaning and identify supporting news related to the statement. When a relevant event is detected that relates to a conditional statement, expected conclusions are linked, and customized indexes are calculated to allow for analysis of the relevant event.