US Patent 11688023 System and method of event processing with machine learning

Systems and related methods include an Internet of Things data collection circuit structured to collect information about at least one entity involved in at least one transaction comprising at least one bond, a condition classifying circuit structured to classify a condition of the at least one entity in accordance with a model and based on information from the Internet of Things data collection circuit, wherein the model is trained using a training data set of a plurality outcomes related to the at least one entity, and an event processing circuit structured to undertake an action related to the at least one transaction in response to the classified condition of the at least one entity.