Most Common Missing Data Problems
If you are having lots of data issues (for example at the start of the implementation process) here are some defaults that will enable you to focus on other issues, but please remember unless all data is populated correctly you may potentially be missing disclosures:
|
Missing Property |
Suggested Defaults |
|
TotalSharesOutstanding |
Default to 1 to cause a disclosure |
|
TotalSharesInTreasury |
Default to 0 to cause a more conservative denominator |
|
TotalVotingRightsInTreasury |
Default to 0 to cause a more conservative denominator |
| TotalIssuedNominalCapital |
Default to 1 to cause a disclosure |
|
ClassSharesOutstanding |
Default to 1 to cause a disclosure |
|
Market/MarketListedIn |
Default to "XMIC" so that the validation rule is triggered |
|
CountryOfIncorporation |
Default to "??" so that the validation rule is triggered |
|
CountryOfIssue |
Default to "??" so that the validation rule is triggered |
|
InstrumentCurrency |
Default to "???" so that the validation rule is triggered |
|
IssuerId/IssuerName |
Default to "Unknown" so that the validation rule is triggered |
|
ISIN |
Default to "Unknown" so that the validation rule is triggered |
Please note, if defaults are used to trigger validation rules, they need to be monitored and data issues resolved over time. Any security that is flagging a validation rule, is not being fully analyzed by the system. For additional information on the validation rules please refer to the Rule Folder Definitions section from this article.