Patent Document ID: 8099346
Application ID: 12424654
Patent Status: 1

Claim One:
1. A method of computer-assisted modeling using a reference price to assist in evaluating discretionary pricing of transactional services provided by a target professional in contrast with a group of professionals, the method comprising: a computer retrieving a universe of pricing episode data of pricing episodes for transactions from one or more databases the computer segmenting the universe of pricing episode data of pricing episodes for transactions into a plurality of groupings, delimited by at least one price predictive parameter; the price predictive parameter being related to time of transaction, type of transaction, customer or customer type, asset or asset type, account or account type or composition; the pricing episode data including discretionary prices chargeable by and within the discretion of the group of professionals for transactional services provided by the group of professionals, including the target professional; the computer ranking the pricing episode data for the group of professionals within each grouping according to the discretionary prices; the computer choosing a reference price from among the ranked discretionary prices within each grouping based on a predetermined level, rank or percentile; the computer dividing the pricing episode data arranged within each grouping into a first set having discretionary prices above the reference price and a second set having discretionary prices below the reference price; and the computer determining, for any pricing episode data in the second set of each grouping, a transaction revenue opportunity amount, comprising the difference between the reference price and the discretionary price multiplied by a volume of the transaction.