Invention Grant
- Patent Title: System and method for adapting market data and evaluating the market value of transactions
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Application No.: US15368266Application Date: 2016-12-02
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Publication No.: US09754244B2Publication Date: 2017-09-05
- Inventor: Valerie Hansen
- Applicant: BuyMetrics, Inc.
- Applicant Address: US GA Atlanta
- Assignee: BuyMetrics, Inc.
- Current Assignee: BuyMetrics, Inc.
- Current Assignee Address: US GA Atlanta
- Agency: Seed IP Law Group LLP
- Main IPC: G06Q30/02
- IPC: G06Q30/02 ; G06Q20/10 ; G06Q10/08 ; G06Q20/20 ; G06Q30/04 ; G06Q30/06 ; G06Q40/00 ; G06Q40/04 ; G06Q40/06 ; G06Q40/08 ; G06Q50/16 ; G06Q50/18 ; G06F7/08 ; G06F17/30

Abstract:
A system includes a remotely-located server that implements components including metric server adapter and a metrics application. The metric server adapter manages governing logic of an evaluation service and predefined instructions that pertain to the evaluation service and/or data used to provide the evaluation service. The metrics application executes the evaluation service in coordination with the metric server adapter. The remotely-located server receives or retrieves a transaction data set. The metrics application obtains time-dependent metric data including market reference price data for one or more responsive items. The metrics application dynamically discovers a difference in the attribute data and the metric server adapter contextually defines transaction-specific instructions for adapting the metric data. An adjustment value applied to the market reference price data transforms the market reference price data. Transaction-specific market reference price data values are exposed to one or more computing devices in communication with the remotely-located server.
Public/Granted literature
- US20170083976A1 SYSTEM AND METHOD FOR ADAPTING MARKET DATA AND EVALUATING THE MARKET VALUE OF TRANSACTIONS Public/Granted day:2017-03-23
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