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Automated system for adapting market data and producing metric values

  • US 10,290,008 B2
  • Filed: 08/29/2018
  • Issued: 05/14/2019
  • Est. Priority Date: 06/28/2000
  • Status: Expired due to Term
First Claim
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1. In a networked environment, a system comprising:

  • at least one server that includes;

    a network interface;

    a processor in communication with the network interface and a non-transitory computer-readable medium having computer-executable instructions stored thereon, wherein execution of the computer-executable instructions by the processor implements system components including at least;

    a governing logic component comprising a metric server adapter programmed to manage a plurality of predefined instructions that pertain to at least one evaluation service or to metric data used to provide the at least one evaluation service, including domain or industry or user-agent specific instructions, and to define context-specific instructions for adapting the metric data; and

    a production component comprising a metrics application programmed to manage execution of the at least one evaluation service in coordination with the metric server adapter, and to manage one or more user interfaces that, in operation, facilitate interactions with the at least one server;

    wherein, at a predefined time or interval of time or in response to a triggering event, the at least one server is configured to implement the at least one evaluation service, which causes the production component to;

    obtain time-dependent metric data from at least one data source accessible to the at least one server, wherein the obtained metric data comprises market reference data, including price data for one or more items in a marketplace, the one or more marketplace items having attributes that are responsive to attributes identified for a target item defined by a set of attributes that includes two or more parameter values;

    evaluate the attributes of each marketplace item relative to the set of attributes that define the target item to dynamically discover relationships within the attribute data, wherein discovery of at least one relationship comprising a difference enables the governing logic component to contextually define one or more context-specific instructions for adapting the market reference data for a marketplace item having attributes that differ by at least one parameter value from the corresponding attributes identified for the target item;

    execute the context-specific instructions, wherein execution of at least one context-specific instruction causes one or more adjustment values to be applied to the market reference data for the marketplace item that differs, automatically transforming the market reference data for the marketplace item into normalized metric data for the target item; and

    produce, for the target item, one or more metric values for one or more metrics that pertain to the at least one evaluation service, wherein each metric value is produced, at least in part, using the normalized metric data for the target item.

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