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You must enable the Apply this Validation for Benchmark Securities option on the Validation Define page for any validations which need to be applied for Benchmark /Not Held securities. This option was enabled for core validations ES0000009, ES0000010, ES0000015, ES0000016, ES0000019 and ES0000023.

If the security needs to be partially validated after the load process, then the security_master.validation_process_flag needs to be updated with P during the load process. In additonaddition, the Validation Process Flag should must be added for any custom data strategies to be able to take advantage of this process. 
See Manage Validations to apply the validation.

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