Risk Adjusted Operational Performance (RAOP) Patent
Systems:
- Event driven, Data centric, Services based loosely coupled, interoperable Enterprise architecture, Zero Trust Architecture
- Cloud & Virtualisation;
- AI,ML driven intelligent process orchestration.
Methods:
- Bill of Resources;
- Process based Enterprise Operating Model;
- Process Fulfilment;
- The three lines of defence, Enterprise Risk adjusted Return, Residual risk in process;
- Enterprise non-interest cost management system – Time Driven ABC, Process & Activity cost.
Ground breaking:
- provide a ground breaking AI powered process based enterprise operating model
- enable operational resilience management;
- present a new way of measuring operational efficiency and operating effectiveness;
- include the following features:
i)bill of resources based process modelling
ii)process automation based time driven ABC
(iii) resource utilisation calculation using operational data
iv) evaluation of process fulfilment, residual risk and process cost to determine risk adjusted process efficiency and
v) computing a competitive score for assessing operating effectiveness using accredited external data.
The RAOP measures are illustrated in a separate page of this portal. I have filed an application for a patent for systems and methods for calculating risk adjusted operational performance in the USA.