ANNEX III
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:
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(a) |
provide a structured representation of all data items set out in Annexes I and II; |
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(b) |
identify all the business concepts set out in Annexes I and II; |
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(c) |
provide a data dictionary identifying table labels, ordinate labels, axis labels, domain labels, dimension labels and member labels; |
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(d) |
provide metrics which define the property or amount of data points; |
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(e) |
provide data point definitions that are expressed as a composition of characteristics that univocally identify the financial concept; |
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(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:
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(a) |
determine the logical relationships between relevant data points; |
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(b) |
contain filters and preconditions that determine a set of data to which a validation rule applies; |
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(c) |
check the consistency of the reported data; |
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(d) |
check the accuracy of the reported data; |
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(e) |
set default values that shall be applied where the relevant information has not been reported. |