Royal Bank of Canada had four patents in future of work during Q1 2024. The patent filed by the Royal Bank of Canada in Q1 2024 focuses on proactive recruitment by receiving user annotations on candidate profiles to determine user sentiment and schedule notifications for positive sentiments. GlobalData’s report on Royal Bank of Canada gives a 360-degree view of the company including its patenting strategy. Buy the report here.

Royal Bank of Canada grant share with future of work as a theme is 25% in Q1 2024. Grant share is based on the ratio of number of grants to total number of patents.

Recent Patents

Application: Systems and methods for facilitating proactive recruitment (Patent ID: US20240070617A1)

The patent filed by the Royal Bank of Canada describes methods, systems, and techniques for proactive recruitment by receiving user annotations of candidate profiles, determining user sentiment towards candidates, and sending notifications based on positive sentiments. The system involves scheduling notifications in response to trigger events, such as specified dates, time elapsed since annotation, or updates to the candidate's profile. Users can add candidate profiles to a personal repository for annotation and selection for target recruitment.

The system utilizes a database storing candidate profiles, a processor, and computer-executable instructions to facilitate proactive recruitment. It involves determining trigger events, sending notifications, and generating candidate profiles from public sources. Users can request to select candidate profiles for recruitment, with the system updating the database accordingly. The method focuses on user annotations, sentiment analysis, and timely notifications to enhance recruitment processes efficiently and effectively.

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GlobalData Patent Analytics tracks bibliographic data, legal events data, point in time patent ownerships, and backward and forward citations from global patenting offices. Textual analysis and official patent classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.