“Interface For Point Of Use Data Governance” in Patent Application Approval Process (USPTO 20230394036): Hartford Fire Insurance Company - Insurance News | InsuranceNewsNet

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December 22, 2023 Newswires
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“Interface For Point Of Use Data Governance” in Patent Application Approval Process (USPTO 20230394036): Hartford Fire Insurance Company

Insurance Daily News

2023 DEC 22 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- A patent application by the inventors Mackenthun, Scott Mitchell (West Hartford, CT, US); Madison, James A. (Windsor, CT, US), filed on August 21, 2023, was made available online on December 7, 2023, according to news reporting originating from Washington, D.C., by NewsRx correspondents.

This patent application is assigned to Hartford Fire Insurance Company (Hartford, Connecticut, United States).

The following quote was obtained by the news editors from the background information supplied by the inventors: “The data governance community has made attempts to govern data at an element level. This is the most granular level of data and from an enterprise perspective the number of elements is impossibly large. As a result, enterprise resources have focused on governing naming conventions of data elements and organizing data stewards to complete the names. In many industries there are tens of thousands of elements. The effort required to name, define, and rationalize that number of elements can be overwhelming.

“Additionally, the data governance must account for differences in terminology between different groups within the enterprise. Such differences exponentially add to the number of elements and issues among elements. For example, people in finance for the enterprise might have a different definition or understanding of “loss” compared to those persons in the actuarial group. Such a difference may be directed solely to timing issues. By additional example, determining the zip code of a facility may similarly cause confusion. As a result, current attempts at industry data governance have gone awry.

“Therefore, there is a need for a process to facilitate trusted sources of information in an enterprise.”

In addition to the background information obtained for this patent application, NewsRx journalists also obtained the inventors’ summary information for this patent application: “The present system and method is directed to a process to facilitate trusted sources of information in an enterprise. The present system and method positions data governance to move away from the element level and focus on the data asset (i.e. repository, interface, subject) level. When data persons are having any issue with their data asset, whether it is a conflicting data asset, interface issues, competing data asset, new data asset build, data subject issue, or the like, a certifier may operate to assess the asset based on our well defined metrics, determine the health through the data asset scoring process, recommend asset services, and provide those services to the data owner who is ultimately responsible for implementing them to improve the data and the data processes.”

The claims supplied by the inventors are:

“1. A system for facilitating trusted sources of information in an enterprise, the system comprising: a repository for storing data assets; an interface across which producers and consumers of data assets interact, wherein each producer creates at least one data asset stored in the repository for use by at least one consumer, the at least one data asset a function; and a processor for resolving disputes on the at least one data asset across the interface, a dispute occurring when at least one issue with the at least one data asset occurs, the dispute being resolved based on identifying facts that govern the at least one issue and updating the function of the at least one data asset.

“2. The system of claim 1 wherein the at least one data asset is categorized at a subject level.

“3. The system of claim 1 wherein the at least one data asset is a conflicting data asset.

“4. The system of claim 3 wherein the dispute is resolved using resolution rules.

“5. The system of claim 1 wherein the at least one data asset is a certified data asset.

“6. The system of claim 1 wherein the at least one data asset is a new data asset categorized according to a set of system rules.

“7. The system of claim 1, further comprising a certifier that assesses the at least one data asset based on defined metrics.

“8. The system of claim 1 wherein a health status of the at least one data asset is determined through a data asset scoring process.

“9. The system of claim 1 wherein asset services are recommended.

“10. The system of claim 9 wherein the recommended asset services are provided to a data owner for remediation of the at least one data asset.

“11. A method for facilitating trusted sources of information in an enterprise, the method comprising: connecting producers and consumers across an interface, each producer creating at least one data asset stored in a repository for use by at least one consumer, the at least one data asset including a function; categorizing and aligning data assets, in a processor, for producers and consumers as data assets are transmitted across the interface in use; and resolving disputes on the at least one data asset, via the processor, a dispute occurring when at least one issue with the at least one data asset occurs, the dispute being resolved based on identifying facts that govern the at least one issue and updating the function of the at least one data asset.

“12. The method of claim 11 wherein the at least one data asset is categorized at a subject level.

“13. The method of claim 11 wherein the at least one data asset is a conflicting data asset.

“14. The method of claim 13 wherein the dispute is resolved using resolution rules.

“15. The method of claim 11 wherein the at least one data asset is a certified data asset.

“16. The method of claim 11 wherein the at least one data asset is a new data asset categorized according to a set of system rules.

“17. The method of claim 11, further comprising assessing, by a certifier, the at least one asset based on defined metrics.

“18. The method of claim 11 wherein a health status of the at least one data asset is determined through a data asset scoring process.

“19. The method of claim 11 wherein asset services are recommended.

“20. The method of claim 19 wherein the recommended asset services are provided to a data owner for remediation of the at least one data asset.”

URL and more information on this patent application, see: Mackenthun, Scott Mitchell; Madison, James A. Interface For Point Of Use Data Governance. U.S. Patent Application Number 20230394036, filed August 21, 2023 and posted December 7, 2023. Patent URL (for desktop use only): https://ppubs.uspto.gov/pubwebapp/external.html?q=(20230394036)&db=US-PGPUB&type=ids

(Our reports deliver fact-based news of research and discoveries from around the world.)

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