Abstract: A method, system and computer program product for evaluating and rating counterparty risk as it relates to counterparty financial strength and performance is disclosed. The evaluation of counterparty risk begins with the extraction of financial and experiential business process performance data that exists on the computer systems of investment businesses and their outsourced service providers. Financial data includes financial disclosures, reports and other statistical information, supporting the financial condition and ratings of a counterparty. Experiential business process performance data includes qualitative and quantitative information compiled from operating systems, databases, applications, workflows, electronic files and records that relate to: 1) the counterparties doing business with the investment business and 2) the investment business' operating infrastructure.