Abstract: The invention relates to a computer implemented system and method for identification of comparables. The method may comprise: receiving input data from a plurality of data sources for a comparable, generating labeled training data for a function classifier by labeling historical search results for comparables, generating probabilistic training data for the primary product and service classifiers, training the primary product and service classifiers using the labeled training data and the probabilistic training data, determining the functions, products, services, and risks of the comparable using the corresponding classifiers, receiving attributes of a tested party, applying a scoring algorithm to calculate a similarity score for the comparable, generating a recommendation to accept the comparable, reject the comparable, or give additional scrutiny to determine acceptability, and automatically providing a written justification for the decision to accept or to reject the comparable.

Abstract: The invention relates to a computer implemented system and method for identification of comparables.