System and method for adapting market data and evaluating the market value of transactions

In a networked environment, a method comprising:

• receiving, at at least one server, via a network interface, at least one transaction data set from at least one computing device, or retrieving at least one transaction data set from at least one data source accessible to the at least one server, the at least one server under the control of computer-executable instructions that, when executed by a processor, implement a plurality of components including at least a governing logic component and a production component,
• wherein each received or retrieved transaction data set identifies a buy-side and a sell-side and includes price data for at least one transaction, and
• wherein each side of the transaction data set identifies at least one item possessing attributes that include two or more parameter values or identifies a plurality of items possessing attributes that differ by at least one parameter value;
• wherein, for each received or retrieved transaction data set, the method further comprises implementing, by the at least one server, at least one evaluation service that, in operation, includes:
• obtaining, by the production component, time-dependent market reference data from at least one data source accessible to the at least one server, wherein the market reference data includes market reference price data for one or more responsive items possessing attributes that are responsive to attributes of a respective item identified in the transaction data set, wherein each responsive item possesses a plurality of attributes including at least one parameter value;
• evaluating, by the production component, the plurality of attributes of each responsive item in the market reference data relative to the attributes of the respective item identified in the transaction data set to dynamically discover relationships within the attributes, wherein discovery of a relationship comprising a difference is disclosed to the governing logic component which enables the governing logic component to ascertain which of a plurality of predefined instructions that pertain to the at least one evaluation service are applicable to the responsive item;
• contextually defining, by the governing logic component, transaction-specific instructions for adapting the market reference data for the respective item;
• and
• normalizing the market reference data, wherein the production component executes the transaction-specific instructions for adapting the market reference data for the respective item, wherein execution of at least one transaction-specific instruction causes one or more adjustment values to be generated and applied to the market reference price data for at least one responsive item that differs by at least one parameter value from the respective item as identified in the transaction data set, transforming the market reference price data for the at least one responsive item and automatically producing one or more transaction-specific market reference price data values for the respective item;
• and
• exposing, by the production component, one or a combination of the transaction-specific market reference price data values produced for at least one respective item as identified in at least one side of the at least one received or retrieved transaction data set, via the network interface, to one or more computing devices.

In a networked service provider environment usable via system-managed user interfaces, a non-transitory computer-readable medium having computer-executable instructions stored thereon, wherein in response to execution, the computer-executable instructions cause at least one server to perform operations comprising:

• receiving, at the at least one server, via a network interface, at least one transaction data set from at least one computing device, or retrieving at least one transaction data set from at least one data source accessible to the at least one server, the at least one server under the control of computer-executable instructions that, when executed by a processor, implement a plurality of components including at least a governing logic component and a production component,
• wherein each received or retrieved transaction data set identifies a buy-side and a sell-side and includes price data for at least one transaction, and
• wherein each side of the transaction data set identifies at least one item possessing attributes that include two or more parameter values or identifies a plurality of items possessing attributes that differ by at least one parameter value;
• implementing at least one evaluation service wherein, for each received or retrieved transaction data set, the computer-executable instructions cause the at least one server to:
• obtain, by the production component, time-dependent market reference data from at least one data source accessible to the at least one server, wherein the market reference data includes market reference price data for one or more responsive items possessing attributes that are responsive to attributes of a respective item identified in the transaction data set, wherein each responsive item possesses a plurality of attributes including at least one parameter value;
• evaluate, by the production component, the plurality of attributes of each responsive item in the market reference data relative to the attributes of the respective item identified in the transaction data set to dynamically discover relationships within the attributes, wherein discovery of a relationship comprising a difference is disclosed to the governing logic component which enables the governing logic component to ascertain which of a plurality of predefined instructions that pertain to the at least one evaluation service are applicable to the responsive item;
• contextually define, by the governing logic component, transaction-specific instructions for adapting the market reference data for the respective item;
• and
• normalize the market reference data, wherein the production component executes the transaction-specific instructions for adapting the market reference data for the respective item, wherein execution of at least one transaction-specific instruction causes one or more adjustment values to be generated and applied to the market reference price data for at least one responsive item that differs by at least one parameter value from the respective item as identified in the transaction data set, transforming the market reference price data for the at least one responsive item and automatically producing one or more transaction-specific market reference price data values for the respective item;
• and
• exposing, by the production component, one or a combination of the transaction-specific market reference price data values produced for at least one respective item as identified in at least one side of the at least one received or retrieved transaction data set, via the network interface, to one or more computing devices.