{"id":131564,"date":"2019-08-02T09:51:21","date_gmt":"2019-08-02T08:51:21","guid":{"rendered":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/?page_id=131564"},"modified":"2023-07-06T16:04:58","modified_gmt":"2023-07-06T15:04:58","slug":"015-sva-risk-reference-data-incorrect","status":"publish","type":"page","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/015-sva-risk-reference-data-incorrect\/","title":{"rendered":"015 SVA Risk: Reference Data incorrect"},"content":{"rendered":"<p>This page outlines the risk that SVA reference data is not created or transferred correctly, or at all.<\/p>\n\n        <figure id=\"attachment_131563\" aria-describedby=\"figcaption_attachment_131563\" class=\"figure-caption alignright\" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\" style=\"width: 423px\">\n            <a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-content\/uploads\/2019\/08\/PAF-Risk-015.jpg\"><img loading=\"lazy\" decoding=\"async\" itemprop=\"contentURL\" class=\" wp-image-131563\" src=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-content\/uploads\/2019\/08\/PAF-Risk-015-242x300.jpg\" alt=\"Diagram of 015 SVA Risk: Reference Data incorrect\" width=\"423\" height=\"525\" srcset=\"https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155455\/PAF-Risk-015-242x300.jpg 242w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155455\/PAF-Risk-015-768x954.jpg 768w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155455\/PAF-Risk-015-600x745.jpg 600w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155455\/PAF-Risk-015.jpg 772w\" sizes=\"auto, (max-width: 423px) 100vw, 423px\"><\/a>\n            <figcaption id=\"figcaption_attachment_131563\" class=\"wp-caption-text\" itemprop=\"description\">\n                Diagram of 015 SVA Risk: Reference Data incorrect\n            <\/figcaption>\n        <\/figure>\n<h2 id=\"how-it-relates-to-you\">How it relates to you<\/h2>\n<p>This risk can affect all Party types.<\/p>\n<h3>Parties Responsible for risk factors<\/h3>\n<ul>\n<li>Licensed Distribution System Operator<\/li>\n<li>Supplier<\/li>\n<\/ul>\n<h3>Parties responsible for risk controls<\/h3>\n<ul>\n<li>Non-Performance Assurance Parties<\/li>\n<\/ul>\n<p>Risk 015 forms part of the registration and appointments process shown in the&#xA0;<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/settlement-risks-risk-visualisation-tool\/\" data-wpel-link=\"internal\">Risk Visualisation Tool<\/a>.<\/p>\n<h2 id=\"potential-causes\">Potential causes<\/h2>\n<p>Potential causes, or as they known in the Risk Evaluation Register: Risk Factors are the points of failure that could result in erroneous or estimated data entering Settlement.<\/p>\n<p>Elexon has identified a number of typical failure points related to this risk, parties should note the list is non-exhaustive, and not all risk factors are applicable to every role type.<\/p>\n<ul>\n<li>Licenced Distribution System Operators (LDSO) not creating or providing compliant Line Loss Factors (LLF) annually and mid-year<\/li>\n<li>Meter Operators and Data Collectors not sending LDSOs necessary information for use in LLF creation<\/li>\n<li>Profiling Administrator creates Profile information using inaccurate information<\/li>\n<li>Suppliers do not acquire and submit required data to the Profiling Administrator<\/li>\n<li>Market Domain Data (MDD) created incorrectly (inaccurate information is provided or information is applied incorrectly)<\/li>\n<\/ul>\n<h2 id=\"potential-solutions\">Potential solutions<\/h2>\n<p>Parties responsible for operating controls should take note of the information below. This identifies the BSC Sections and Procedures relating the risk.<\/p>\n<p>Review the processes outlined in the following BSCPs and ensure that internal processes match the requirements:<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp128-production-submission-audit-and-approval-of-line-loss-factors\/\">BSCP 128 Appendix 08: SVA Summary Report<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp509-changes-to-market-domain-data\/\">BSCP 509 Appendix 2: MDD Change Request Entity Validation<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp510-the-provision-of-sampling-data-to-the-profile-administrator\/\">BSCP 510: The Provision of Sampling Data to the Profile Administrator<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp515-licensed-distribution\/\">BSCP515: Licensed Distribution<\/a><\/li>\n<\/ul>\n<h2 id=\"impact-of-this-risk-on-the-industry\">Impact of this risk on the industry<\/h2>\n<p>This graph highlights the probability distribution of this risk and cost incurred to the industry when a risk manifests over the course of a year.<\/p>\n<ul>\n<li>Impact: &#xA3;590,500<\/li>\n<li>Upper Impact: &#xA3;5.5 Million<\/li>\n<li>Volatility: Medium<\/li>\n<\/ul>\n<p>In order to calculate the impact this risk has on your Party, multiply your market share by the impact as outlined above.<\/p>\n<h3>Probability graph<\/h3>\n<p><iframe loading=\"lazy\" src=\"https:\/\/app.powerbi.com\/view?r=eyJrIjoiYzRkYmU5YjgtNWFiNC00NGZlLWIxOTMtMmI2NTQyZTY1ZmNlIiwidCI6IjFhMjM1Mzg1LTVkMjktNDBlMS05NmZkLWJjNWVjMjcwNjM2MSJ9\" width=\"100%\" height=\"600\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2 id=\"further-information\">Further information<\/h2>\n<p><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/performance-assurance-risk-evaluation-register\/\" data-wpel-link=\"internal\">Risk Evaluation Register<\/a>&#xA0;sets out further detailed information on the noted controls.<\/p>\n<h2 id=\"support-and-training\">Support and training<\/h2>\n<p><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/about\/elexon-key-contacts\/operational-support-managers-osms\/\" data-wpel-link=\"internal\">Operational Support Managers<\/a>&#xA0;(OSMs) are able to help with further information or training on this risk and associated processes.<\/p>\n<h2 id=\"methodology-used-for-this-risk\">Methodology used for this risk<\/h2>\n<p>The following documents outline the methodology used to assess the Settlement Risk related to Agent appointments.<\/p>\n<ul>\n<li>\n<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/performance-assurance\/processes\/risk-methodology-015-sva-risk-reference-data-incorrect\/\" title=\"Risk Methodology: 015 SVA Risk: Reference Data incorrect\" data-filetype=\"pdf\">Methodology for 015 SVA Risk: Reference Data <small class=\"filesize\">(Size: )<\/small><\/a>\n<\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-techniques\/\" data-wpel-link=\"internal\">More on Techniques, Timetable and Methodology<\/a><\/li>\n<\/ul>\n\n","protected":false},"excerpt":{"rendered":"<p>This page outlines the risk that SVA reference data is not created or transferred correctly, or at all. How it relates to you This risk can affect all Party types. [&hellip;]<\/p>\n","protected":false},"author":351,"featured_media":0,"parent":29182,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","inline_featured_image":false,"footnotes":""},"tags":[],"class_list":["post-131564","page","type-page","status-publish","hentry"],"acf":[],"semantic_search":{"post_id":131564,"title":"015 SVA Risk: Reference Data incorrect","link":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/015-sva-risk-reference-data-incorrect\/","categories":[],"tags":[],"content":"\n    <div class=\"panel-content\">\n        <p>This page outlines the risk that SVA reference data is not created or transferred correctly, or at all.<\/p>\n\n        <figure id=\"attachment_131563\" aria-describedby=\"figcaption_attachment_131563\" class=\"figure-caption alignright\" itemscope itemtype=\"http:\/\/schema.org\/ImageObject\" style=\"width: 423px\">\n            <a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-content\/uploads\/2019\/08\/PAF-Risk-015.jpg\"><img loading=\"lazy\" decoding=\"async\" itemprop=\"contentURL\" class=\" wp-image-131563\" src=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-content\/uploads\/2019\/08\/PAF-Risk-015-242x300.jpg\" alt=\"Diagram of 015 SVA Risk: Reference Data incorrect\" width=\"423\" height=\"525\" srcset=\"https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155455\/PAF-Risk-015-242x300.jpg 242w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155455\/PAF-Risk-015-768x954.jpg 768w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155455\/PAF-Risk-015-600x745.jpg 600w, https:\/\/elexon-bsc-production-cdn.s3.eu-west-2.amazonaws.com\/wp-content\/uploads\/2019\/08\/28155455\/PAF-Risk-015.jpg 772w\" sizes=\"auto, (max-width: 423px) 100vw, 423px\"><\/a>\n            <figcaption id=\"figcaption_attachment_131563\" class=\"wp-caption-text\" itemprop=\"description\">\n                Diagram of 015 SVA Risk: Reference Data incorrect\n            <\/figcaption>\n        <\/figure>\n<h2 id=\"how-it-relates-to-you\">How it relates to you<\/h2>\n<p>This risk can affect all Party types.<\/p>\n<h3>Parties Responsible for risk factors<\/h3>\n<ul>\n<li>Licensed Distribution System Operator<\/li>\n<li>Supplier<\/li>\n<\/ul>\n<h3>Parties responsible for risk controls<\/h3>\n<ul>\n<li>Non-Performance Assurance Parties<\/li>\n<\/ul>\n<p>Risk 015 forms part of the registration and appointments process shown in the&#xA0;<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/settlement-risks-risk-visualisation-tool\/\" data-wpel-link=\"internal\">Risk Visualisation Tool<\/a>.<\/p>\n<h2 id=\"potential-causes\">Potential causes<\/h2>\n<p>Potential causes, or as they known in the Risk Evaluation Register: Risk Factors are the points of failure that could result in erroneous or estimated data entering Settlement.<\/p>\n<p>Elexon has identified a number of typical failure points related to this risk, parties should note the list is non-exhaustive, and not all risk factors are applicable to every role type.<\/p>\n<ul>\n<li>Licenced Distribution System Operators (LDSO) not creating or providing compliant Line Loss Factors (LLF) annually and mid-year<\/li>\n<li>Meter Operators and Data Collectors not sending LDSOs necessary information for use in LLF creation<\/li>\n<li>Profiling Administrator creates Profile information using inaccurate information<\/li>\n<li>Suppliers do not acquire and submit required data to the Profiling Administrator<\/li>\n<li>Market Domain Data (MDD) created incorrectly (inaccurate information is provided or information is applied incorrectly)<\/li>\n<\/ul>\n<h2 id=\"potential-solutions\">Potential solutions<\/h2>\n<p>Parties responsible for operating controls should take note of the information below. This identifies the BSC Sections and Procedures relating the risk.<\/p>\n<p>Review the processes outlined in the following BSCPs and ensure that internal processes match the requirements:<\/p>\n<ul>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp128-production-submission-audit-and-approval-of-line-loss-factors\/\">BSCP 128 Appendix 08: SVA Summary Report<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp509-changes-to-market-domain-data\/\">BSCP 509 Appendix 2: MDD Change Request Entity Validation<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp510-the-provision-of-sampling-data-to-the-profile-administrator\/\">BSCP 510: The Provision of Sampling Data to the Profile Administrator<\/a><\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/csd\/bscp515-licensed-distribution\/\">BSCP515: Licensed Distribution<\/a><\/li>\n<\/ul>\n<h2 id=\"impact-of-this-risk-on-the-industry\">Impact of this risk on the industry<\/h2>\n<p>This graph highlights the probability distribution of this risk and cost incurred to the industry when a risk manifests over the course of a year.<\/p>\n<ul>\n<li>Impact: &#xA3;590,500<\/li>\n<li>Upper Impact: &#xA3;5.5 Million<\/li>\n<li>Volatility: Medium<\/li>\n<\/ul>\n<p>In order to calculate the impact this risk has on your Party, multiply your market share by the impact as outlined above.<\/p>\n<h3>Probability graph<\/h3>\n<p><iframe loading=\"lazy\" src=\"https:\/\/app.powerbi.com\/view?r=eyJrIjoiYzRkYmU5YjgtNWFiNC00NGZlLWIxOTMtMmI2NTQyZTY1ZmNlIiwidCI6IjFhMjM1Mzg1LTVkMjktNDBlMS05NmZkLWJjNWVjMjcwNjM2MSJ9\" width=\"100%\" height=\"600\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<h2 id=\"further-information\">Further information<\/h2>\n<p><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-processes\/performance-assurance-risk-evaluation-register\/\" data-wpel-link=\"internal\">Risk Evaluation Register<\/a>&#xA0;sets out further detailed information on the noted controls.<\/p>\n<h2 id=\"support-and-training\">Support and training<\/h2>\n<p><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/about\/elexon-key-contacts\/operational-support-managers-osms\/\" data-wpel-link=\"internal\">Operational Support Managers<\/a>&#xA0;(OSMs) are able to help with further information or training on this risk and associated processes.<\/p>\n<h2 id=\"methodology-used-for-this-risk\">Methodology used for this risk<\/h2>\n<p>The following documents outline the methodology used to assess the Settlement Risk related to Agent appointments.<\/p>\n<ul>\n<li>\n<a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/documents\/performance-assurance\/processes\/risk-methodology-015-sva-risk-reference-data-incorrect\/\" title=\"Risk Methodology: 015 SVA Risk: Reference Data incorrect\" data-filetype=\"pdf\">Methodology for 015 SVA Risk: Reference Data <small class=\"filesize\">(Size: )<\/small><\/a>\n<\/li>\n<li><a href=\"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/reference\/performance-assurance\/performance-assurance-techniques\/\" data-wpel-link=\"internal\">More on Techniques, Timetable and Methodology<\/a><\/li>\n<\/ul>\n\n    <\/div>\n\n","s3_url":""},"_links":{"self":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/131564","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/users\/351"}],"replies":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/comments?post=131564"}],"version-history":[{"count":1,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/131564\/revisions"}],"predecessor-version":[{"id":199191,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/131564\/revisions\/199191"}],"up":[{"embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/pages\/29182"}],"wp:attachment":[{"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/media?parent=131564"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elexon-beta.elexonhostings.co.uk\/bsc\/wp-json\/wp\/v2\/tags?post=131564"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}