Single Data Point Model and Validation Rules

PART ONE

Single Data Point Model

All data items set out in the Annexes I and II shall be transformed into a single data point model which is the basis for uniform IT systems of resolution authorities.

The single data point model shall meet the following criteria:

(a)

provide a structured representation of all data items set out in Annexes I and II;

(b)

identify all the business concepts set out in Annexes I and II;

(c)

provide a data dictionary identifying table labels, ordinate labels, axis labels, domain labels, dimension labels and member labels;

(d)

provide metrics which define the property or amount of data points;

(e)

provide data point definitions that are expressed as a composition of characteristics that univocally identify the financial concept;

(f)

contain all the relevant technical specifications necessary for developing IT reporting solutions producing uniform resolution reporting.

PART TWO

Validation Rules

The data items set out in Annexes I and II shall be subject to validation rules ensuring data quality and consistency.

The validation rules shall meet the following criteria:

(a)

determine the logical relationships between relevant data points;

(b)

contain filters and preconditions that determine a set of data to which a validation rule applies;

(c)

check the consistency of the reported data;

(d)

check the accuracy of the reported data;

(e)

set default values that shall be applied where the relevant information has not been reported.