types of modeling can work on the various types of models all market participants may use the system 10 to collaborate to contribute data model development and the design that determine the desired model outputs the process of generating the models is explained in further detail in some implementations the system 10 provides the understanding model generated based on initial input data and information related to the financial instrument to be valued e g security cash flow waterfall and collateral information collected from the marketplace collaborators or from the customer 14 the system 10 develops the understanding model as the basis for the development of a stochastic risk measurement and valuation model developed in the platform 12 the authorized community users develop such valuation model e g a stochastic model that is suitable for use based on the particular customer model input and the understanding model in some implementations the system 10 automatically generates a benchmark model based on the customer 39 s input and the understanding model the community users further develop the valuation model based on the benchmark model the models e g the understanding model the benchmark model and the valuation model can be modular and scalable during model generation the.