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:
(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. |