18427457. COMPUTER-BASED SYSTEMS CONFIGURED TO PROVIDE A PORTAL FOR MIGRATING ONE OR MORE EXISTING RELATIONSHIPS FROM ONE ENTITY TO ANOTHER ENTITY AND METHODS OF USE THEREOF simplified abstract (Capital One Services, LLC)

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COMPUTER-BASED SYSTEMS CONFIGURED TO PROVIDE A PORTAL FOR MIGRATING ONE OR MORE EXISTING RELATIONSHIPS FROM ONE ENTITY TO ANOTHER ENTITY AND METHODS OF USE THEREOF

Organization Name

Capital One Services, LLC

Inventor(s)

Elias Cottingham of Brooklyn NY (US)

Thomas Dodson of Forest Hills NY (US)

Dwayne Richardson of New York NY (US)

COMPUTER-BASED SYSTEMS CONFIGURED TO PROVIDE A PORTAL FOR MIGRATING ONE OR MORE EXISTING RELATIONSHIPS FROM ONE ENTITY TO ANOTHER ENTITY AND METHODS OF USE THEREOF - A simplified explanation of the abstract

This abstract first appeared for US patent application 18427457 titled 'COMPUTER-BASED SYSTEMS CONFIGURED TO PROVIDE A PORTAL FOR MIGRATING ONE OR MORE EXISTING RELATIONSHIPS FROM ONE ENTITY TO ANOTHER ENTITY AND METHODS OF USE THEREOF

The abstract of this patent application describes systems and methods for providing an automated portal to migrate relationships from one entity to another.

  • The method involves providing a portal for automated migration, generating UIs for identifying existing relationships and displaying migration offers, determining replacement relationship terms, comparing existing and new relationship terms, and performing automated generation and transfer processes.
  • The innovation allows for seamless migration of relationships between entities, streamlining the process for users.
  • The system automates the generation of new relationships and the transfer of objects to the new relationship, reducing manual effort and potential errors.
  • This technology enhances efficiency and accuracy in relationship migration, benefiting users and entities involved in the process.
  • By automating relationship migration, this innovation opens up possibilities for smoother transitions and improved management of relationships in various contexts.

Potential Applications: This technology can be applied in customer relationship management systems, data migration processes, and entity consolidation scenarios.

Problems Solved: This technology addresses the challenges of manually migrating relationships between entities, reducing the risk of errors and streamlining the process for users.

Benefits: The benefits of this technology include increased efficiency, reduced manual effort, improved accuracy in relationship migration, and enhanced user experience.

Commercial Applications: Automated relationship migration systems can be utilized by companies in various industries to streamline processes, improve data management, and enhance customer interactions.

Prior Art: Prior art related to automated relationship migration systems may include research on data migration tools, CRM software features, and entity relationship management systems.

Frequently Updated Research: Stay updated on advancements in automated data migration tools, CRM software developments, and entity relationship management technologies for insights into the evolution of this innovation.

Questions about Automated Relationship Migration: 1. How does automated relationship migration benefit users and entities? Automated relationship migration benefits users and entities by streamlining the process, reducing manual effort, and improving accuracy in relationship transitions.

2. What are the potential applications of automated relationship migration technology? Automated relationship migration technology can be applied in customer relationship management systems, data migration processes, and entity consolidation scenarios for enhanced efficiency and user experience.


Original Abstract Submitted

Systems and methods associated with providing an automated portal to migrate one or more relationships with one entity to another entity are disclosed. In one embodiment, an exemplary method may comprise: providing a portal enabling automated migration of existing relationships from existing entities to a first entity; generating a first UI configured for identifying and providing access information regarding existing relationships for potential migration; generating a second UI to display information regarding the existing relationships and provide UI elements enabling the user to receive migration offers; determining terms of replacement relationships that the first entity can offer the user; generating a third UI to (i) compare terms between the existing and new relationships, and (ii) enable the user to authorize the relationship migration; performing an automated generation process to create the new relationship(s); and performing an automated transfer process to transfer all objects to the new relationship.

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