Patent ID: 8306895

Claim:
A computer-implemented method for confirmation of hedge fund information, comprising: storing in memory a list of assets/liabilities of a hedge fund and a fund-provided value of each asset/liability; storing in memory corroborating data received from a third party independent of the hedge fund, the corroborating data including information beyond transaction data and confirming the existence of at least one asset/liability of the hedge fund; performing an asset/liability confirmation, using a processor, by comparing the corroborating data to the list of assets/liabilities to identify third party confirmed assets/liabilities of the hedge fund that correspond to the corroborating data; calculating, using a processor, a total value of third party confirmed assets/liabilities based upon the fund-provided value of each third party confirmed asset/liability; storing in memory third party values for assets/liabilities of the hedge fund, wherein the third party values are provided by a third party independent of the hedge fund and are derived from data including information beyond transaction data; performing a price input confirmation, using a processor, by comparing the stored fund-provided value of each asset/liability to the stored third party value of the asset/liability, wherein the fund-provided value of each asset/liability is identified as a confirmed value when the fund-provided value substantially corresponds with the stored third party value of the asset/liability; calculating, using a processor, a total confirmed value of assets/liabilities based upon the identified confirmed values; generating a unique identifier, using a processor, and assigning the unique identifier to a confirmation instance, wherein the confirmation instance is the performed asset/liability confirmation and the price input confirmation; generating, using a processor, a report that identifies (A) a proportion of a net asset value of the hedge fund attributable to the total value of third party confirmed assets/liabilities that is based on confirmed assets/liabilities, and (B) a proportion of the net asset value attributable to the total confirmed value of assets/liabilities, and associating, using a processor, the unique identifier to the generated report; generating risk and/or performance data associated with the hedge fund's positions based at least on an analysis of the hedge fund's books and records data; and generating, using a processor, a second report that identifies the generated risk and/or performance data, and associating, using a processor, the unique identifier to the second report, wherein the second report includes the unique identifier to link the generated reports and certify that the asset/liability confirmation and the price input confirmation have been performed.