Automated Resource Reallocation System for Custodian Event Transfer

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Solution Overview

Problem

Significant events related to a custodian, such as death or changes in marital status, often require the transfer of resources to a new custodian, which is costly, time-consuming, and can lead to delays and degradation of resources like smart devices due to lack of maintenance.

Innovation Solution

A resource reallocation system that identifies resources, allocates them into blocks linked with specific transfer protocols, monitors custodian data to detect events, and automatically initiates resource transfer protocols to efficiently transfer resources to new custodians, reducing costs and delays.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Productivity

If manual resource transfer processes are used following custodian events, then resources can be transferred to new custodians, but the process becomes costly, time-consuming, and leads to delays in resource utilization

Engineering Contradiction:
Improveresource transfer speedVSAvoiddelay in resource transfer
Core Design Contradiction:
ProductivityVSLoss of time

Solution Approach 1:

The system pre-establishes transfer protocols and identifies potential custodian events in advance. Resources are pre-configured with transfer rules and monitoring mechanisms are set up before events occur, enabling immediate automated execution when triggers are detected, thus eliminating manual processing delays

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The system automatically monitors custodian data, detects events, and executes resource transfers without human intervention. The automated monitoring and execution mechanisms enable the system to service itself, removing the need for manual resource transfer processes and significantly reducing transfer time

Inventive Principle:
Principle #25Self-service

2Reliability

If manual resource transfer processes are used, then resources can be transferred to new custodians, but maintenance is neglected leading to resource degradation

Engineering Contradiction:
Improveresource maintenance statusVSAvoidresource utilization efficiency
Core Design Contradiction:
ReliabilityVSProductivity

Solution Approach 1:

The system continuously monitors custodian data and resource status, using this feedback to automatically trigger maintenance actions and transfers. Real-time monitoring ensures resources are maintained in optimal condition and transferred promptly when custodian events occur, preventing degradation and ensuring reliable resource availability

Inventive Principle:
Principle #23Feedback

Solution Approach 2:

Maintenance protocols and transfer rules are pre-configured before custodian events occur. The system prepares maintenance schedules and transfer instructions in advance, ensuring resources are maintained proactively and transferred immediately when needed, preventing both degradation and utilization delays

Inventive Principle:
Principle #10Preliminary action

3Productivity

If automated monitoring and transfer protocols are implemented, then resource transfer speed and efficiency improve, but system complexity increases

Engineering Contradiction:
Improveresource transfer efficiencyVSAvoidsystem architecture complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The system divides resource management into separate, modular components: resource identification modules, monitoring modules for different custodian data types, event detection modules, and transfer execution modules. This segmentation allows each component to be independently developed and managed, reducing overall system complexity while maintaining high automation efficiency

Inventive Principle:
Principle #1Segmentation

Solution Approach 2:

The system employs universal monitoring mechanisms and standardized transfer protocols that can handle multiple resource types and custodian events through a single integrated platform. This multi-functionality approach consolidates what could be multiple separate systems into one cohesive solution, improving efficiency without proportionally increasing complexity

Inventive Principle:
Principle #6Universality (Multi-functionality)

Data Source

PatentUS10103936B2Computerized resource reallocation system for transferring resource blocks based on custodian event
Publication Date: 2018.10.16 BANK OF AMERICA CORP
  • US10103936B2 patent drawing
  • US10103936B2 patent drawing
  • US10103936B2 patent drawing

AI summary

Disclosed is a resource reallocation system. The system typically includes a processor, a memory, and a resource reallocation module stored in the memory. The system is typically configured for: identifying resources of a custodian; allocating the resources into one or more resource blocks; linking a resource transfer protocol to each resource block, each resource transfer protocol being associated with a particular custodian event; monitoring custodian data; determining that a custodian event has occurred based on monitoring the custodian data; and, in response to determining that the custodian event has occurred, automatically initiating one of the resource transfer protocols.