A system and method for distributed database data and file access and retrieval, and managing assets of a company can include the steps of obtaining one or more data elements, storing each of the data elements, determining one or more factors related to a manner in which each of the data elements was obtained, associating a confidence index with each factor, and calculating a confidence index for each of the stored data elements, as well as a composite confidence index for the entire data store, based on the confidence index score for the individual data elements. The system and method can include calculating a confidence index for each of the stored data elements. The factors can include the date that the data elements were obtained. The factors can include from which of one or more sources the data elements were obtained.