Automated system for adapting market data and evaluating the market value of items
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United States of America Patent
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Dec 20, 2016
Issued Date -
N/A
app pub date -
Aug 15, 2016
filing date -
Jun 28, 2000
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Abstract
A system includes a remotely-located server implementing a metric server adapter, a metrics application, and a communication application. The metric server adapter includes governing logic that manages at least one evaluation service and a plurality of predefined instructions for managing metric data. The metrics application is a production application that operates in coordination with the metric server adapter. Receipt or retrieval of at least one price data set triggers the metrics application to obtain metric data that includes market reference price data, evaluate attributes of each responsive item in the metric data to dynamically discover a difference in the attribute data, and dynamically define transaction-specific instructions for adapting the metric data for a respective item in the price data set. One or more adjustment values transform the market reference price data, and one or more evaluation metrics are communicated to the buyer-agent computing device.
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