Validations are quality checks that can be applied to pricing data to assist with determining the accuracy of the data. Reverence Reference Data Center currently has nineteen validation test types that can be configured for a customer’s business needs. You can set up price validations in Reference Data Center using the Price Validations wizard. Here you can select the data to validate, define the security criteria, set up validation tests, and define the release logic.
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- In the ID box, the system assigns a value systematically but you can override this value and enter your own unique identifier.
- In the Name box, enter a name for the field group.
- You can click the Description box and enter a description of the field group.
- In the Processing Method field, click the check box to Process this validation rule for all data strategies that have global processing selected.
- Click the Enabled check box to activate the validation.
- In the Data to Validate section, click Vendor Data.
- Click Next.
You see the Criteria page.
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