Continuous measurement and independent verification of the quality of data and process used to value structured derivative information products

A system for assessing risk in an ongoing business financing arrangement comprising:

• a computing device configured to provide a business financing model comprising an ontology comprising elements making up a domain of the business financing model, including the business financing arrangement, the domain including:
• at least one borrower borrowing an amount of funding for one of a purchase or a lease of an asset, a lender providing the amount of the funding to the borrower according to an agreement between the borrower and the lender for the borrower to repay the lender the amount of the funding over a selected time period;
• at least one protection seller, operating with the lender according to an agreement between the protection seller and the lender insuring the payment by the borrower to the lender of at least a portion of the amount of the funding over the selected time period;
• at least one of the borrowing and the insuring being based on at least one of the borrower and the lender meeting a set of initial lending policy criteria established by at least one of the lender and the protection provider, the meeting of at least one of which criteria, as a variable criteria, being subject to change over the selected time period;
• at least one agent of at least one of the lender and the protection provider collecting during at least a part of the term of the business financing arrangement information relevant to measuring any change in at least one variable lending policy criteria according to a definition of a relevant change in the lending policy criteria during the selected time period;
• and
• the computing device configured to receive information collected by the agent and to provide an assurance of data provenance of the received information.

A method for assessing risk in an ongoing business financing arrangement comprising:

• providing, via a computing device, a business financing model comprising an ontology comprising elements making up a domain of the business financing model, including the business financing arrangement, the domain including:
• at least one borrower borrowing an amount of funding for one of a purchase or a lease of an asset, a lender providing the amount of the funding to the borrower according to an agreement between the borrower and the lender for the borrower to repay the lender the amount of the funding over a selected time period;
• at least one protection seller, operating with the lender according to an agreement between the protection seller and the lender insuring the payment by the borrower to the lender of at least a portion of the amount of the funding over the selected time period;
• at least one of the borrowing and the insuring being based on at least one of the borrower and the lender meeting a set of initial lending policy criteria established by at least one of the lender and the protection provider, the meeting of at least one of which criteria, as a variable criteria, being subject to change over the selected time period;
• at least one agent of at least one of the lender and the protection provider collecting during at least a part of the term of the business financing arrangement information relevant to measuring any change in at least one variable lending policy criteria according to a definition of a relevant change in the lending policy criteria during the selected time period;
• and
• providing, via the computing device, an assurance of data provenance of the collected information.