Patent ID: 7877311

Claim:
A market analysis system comprising: a computer processor; a computer readable storage medium; a database stored on the computer readable storage medium comprising aggregate transaction data; and a software program stored on the computer readable storage medium executable by the processor to: receive a set of transaction data from an electronic exchange where market transactions are conducted electronically via the Internet; store the set of transaction data in the database; categorize products and services from the aggregate transaction data into a plurality of standard pricing groups according to configuration information received at the market analysis system from one or more suppliers that participate in the electronic exchange, wherein the configuration information includes standard pricing group attributes, wherein the standard pricing group attributes include a value corresponding to a delivery term, a locale, a product, a service, a customer type, a time scale, or a sales channel; determine at least one statistical analysis to be applied to one of the plurality of standard pricing groups; define starting values and default parameters of the at least one statistical analysis to be applied to the standard pricing group; apply the at least one statistical analysis to the standard pricing group to derive a set of results, wherein the set of results include a time-windowed relationship within the standard pricing group; and communicate the set of results from the at least one statistical analysis to a supplier that participates in the electronic exchange.