or checks which have sector/peer group specific variables 2.4.4 Provide the NSSMC with the ability to 2 individually switch on and off plausibility rules., for all or specific Reporting Entities, or all rules for all or specific Reporting Entities 2.4.5 Provide the with the ability to define 2 which plausibility rules should be triggered automatically and which manually. 2.4.6 Provide the NSSMC with the ability to manually 2 or automatically run plausibility checks against submitted data. 2.4.7 Provide Internal Users and relevant Participant 2 Regulators with the ability to view the Plausibility Outcome e.g. red, green outcome 2.4.8 Provide the NSSMC with the ability to define 1 and configure alerts and notifications based on the result of applying the plausibility rules. 2.5 Validation of instance documents 2.5.1 Provide the NSSMC with the ability to define Yes 3 and configure different standardized procedures for validating instance documents, based on the profile of the reporting entity and the type of reporting requirement. 2.5.2 The NSSMC will be able to configure internally 2 defined validation rules. 2.5.3 In addition, the NSSMC will be able to version 2 control all validation rules, with the ability to select which rules to apply. e.g. to switch individual validation rules on and off at a rule level, on a per Reporting Entity basis. i.e. specific rules, for specific Reporting Entities 2.5.4 The NSSMC will be able to test changes to 1 validation prior to applying them in live. 2.5.5 The System shall automatically be able to 2 determine which Validation Rules should apply to a Resubmission of data.
or checks which have sector/peer group specific variables 2.4.4 Provide the NSSMC with the ability to individually switch on and off plausibility rules., for all or specific Reporting Entities, or all rules for all or specific Reporting Entities 2 2.4.5 Provide the with the ability to define which plausibility rules should be triggered automatically and which manually. 2 2.4.6 Provide the NSSMC with the ability to manually or automatically run plausibility checks against submitted data. 2 2.4.7 Provide Internal Users and relevant Participant Regulators with the ability to view the Plausibility Outcome e.g. red, green outcome 2 2.4.8 Provide the NSSMC with the ability to define and configure alerts and notifications based on the result of applying the plausibility rules. 1 2.5 Validation of instance documents 2.5.1 Provide the NSSMC with the ability to define and configure different standardized procedures for validating instance documents, based on the profile of the reporting entity and the type of reporting requirement. Yes 3 2.5.2 The NSSMC will be able to configure internally defined validation rules. 2 2.5.3 In addition, the NSSMC will be able to version control all validation rules, with the ability to select which rules to apply. e.g. to switch individual validation rules on and off at a rule level, on a per Reporting Entity basis. i.e. specific rules, for specific Reporting Entities 2 2.5.4 The NSSMC will be able to test changes to validation prior to applying them in live. 1 2.5.5 The System shall automatically be able to determine which Validation Rules should apply to a Resubmission of data. 2
REQ-KYV-18-0137-Financial-Reporting-System-Procurement_May-2_Final.docx