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Criterica standards

Standards for measuring and pricing regulated outcomes.

A numbered series of public standards, each versioned and open to comment: how integrity, scores, duration and data provenance are defined, measured and reported.

What a Criterica standard is

A defined way to measure one thing, written so anyone can check it.

A Criterica standard states a scope, defines its terms, sets measurement and reporting rules, and says what it means to conform. It does not rate a model, a firm or a matter. It says how a figure must be built and what it must carry for a reader to rely on it.

Every standard has a code, a version and a status. A standard is either Published or a Request for comment. A request for comment is public in full and open to challenge before it is issued as a numbered version. A new version replaces an old one only with a dated entry in its history, and errors in a published version are recorded as dated errata, never silently edited.

To comment, use the form at the bottom of this page. Name the standard, the section and the change you propose. Comments are read by Criterica Intelligence Research.

The series

Criterica standards

CodeTitleVersionStatusDatePDFCite
STD-001The Legal Asset Integrity Standard
A Framework for Fraud Prevention, Transparency, and Institutional Governance in Litigation Finance
3.0PublishedSeptember 2026PDFCite
STD-002Criterica Score Specification
A specification for a 0 to 100 score of a regulated outcome
1.0-rcRequest for commentOctober 9, 2026On IntelligenceCite
STD-003Duration Measurement Standard
How the time a regulated outcome takes is measured and reported
1.0-rcRequest for commentOctober 9, 2026PDFCite
STD-004Data Provenance Standard
What a party must be able to show about the data behind a number
1.0-rcRequest for commentOctober 9, 2026PDFCite
STD-001 · Version 3.0

The Legal Asset Integrity Standard is a framework for fraud prevention, transparency and institutional governance in litigation finance. It defines the Legal Asset Passport, the Legal Asset Integrity Score, evidence confidence, hard stops and continuous lifecycle surveillance. It sets out the fraud controls, governance and responsible-automation practices that a funder, an insurer or an auditor can require of a legal asset before capital is committed.

STD-002 · Version 1.0-rc

The Criterica Score is a 0 to 100 score with a defined target, a defined horizon, a defined reference population and a defined mapping from model output to score. Where the evidence does not support a score, the result is reported as not rated. A score is validated for each asset class by a preregistered backtest before any claim is made for it. The specification is versioned. A score is not an opinion on the merits of a matter and not a forecast of return.

STD-003 · Version 1.0-rc

The Duration Measurement Standard defines how the time a regulated outcome takes is measured and what a duration figure must carry. It defines the seven clocks, time at risk and its companion measures, and the start and stop events, censoring treatment, cutoff discipline and cohort rules that make a figure comparable. It requires that a duration figure be a band with a visible tail, stated against a named cohort and a named cutoff date.

STD-004 · Version 1.0-rc

The Data Provenance Standard defines what a party must be able to show about the data behind an estimate, a score or a model: the source of each record, its retrieval date, every transformation, the deduplication rule and the exclusions. It sets the sealed-outcome rule, under which the file that is scored carries no resolution field, no collected amount, no resolution date and no field that encodes them. It sets the disclosure a counterparty may require.

DOI: pending for every standard in the series. The Criterica Score Specification is hosted on Criterica Intelligence.

Comment on a standard

Name the standard, the section and the change you propose. Comments are read by Criterica Intelligence Research and answered in the version history.

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The Criterica Dictionary of Risk IntelligenceData provenanceResearch for citationContact Criterica