Patent ID: 8560421

Claim:
A data processing system for evaluating financial instruments for users, comprising: one or more software executing computers, one or more data storage devices, and an output device; one or more databases stored on the one or more data storage devices; financial instrument data record creating software executing on the one or more software executing computers programmed to: create a financial instrument data record for an identified financial instrument and store it in the one or more databases; risk data record creating software executing on the one or more software executing computers programmed to: create a plurality of risk data records, stores them in the one or more databases, and associates them with the financial instrument data record, the plurality of risk data records each containing risk data used for calculating a current monetary value of the identified financial instrument; evaluation software executing on the one or more software executing computers programmed to: determine the current monetary value of the identified financial instrument, in real-time, based at least in part by calculating a monetary value of risk on each of the plurality of risk data records; and determine a transparency index of the identified financial instrument, the transparency index based at least in part on the quality of the plurality of risk data records and representing a measure of confidence in the current monetary value; and reporting software executing on the one or more software executing computers programmed to: receive at least one of a plurality of attributes associated with the identified financial instrument; identify other financial instruments with the same received at least one of a plurality of attributes; and output the current monetary value, the transparency index, and the identified other financial instruments as a comparison.