4. Securitisation repositories shall calculate a data completeness score for each data submission by using the scoring matrix set out in Table 1 of the Annex and the following inputs:
\mathrm{Input\ 1} = \frac{\sum_{i}^{N} \mathrm{ND1}}{N}
\mathrm{Input\ 2} = \frac{\sum_{i}^{N} ND2 + \sum_{i}^{N} ND3 + \sum_{i}^{N} ND4}{N}
Where:
\sum_{i}^{N} NDx
denotes the total number of fields in a data submission containing the respective ‘No Data Option’ values that are reported in accordance with Article 9(3) of Delegated Regulation (EU) 2020/1224.
N denotes the total number of fields in the data submission where any ‘No Data Option’ values (ND1 to ND4) are permitted to be reported in accordance with Article 9(3) of Delegated Regulation (EU) 2020/1224. For the purposes of calculating the data completeness score, fields completed using the format of ‘ND4-YYYY-MM-DD’ shall be understood as ‘ND4’.