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This document provides a visual representation of the rules set out in PS24/3, aimed at aiding the understanding of performance data reporting in consumer credit.
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How to fill out performance data flow diagram

01
Identify the key performance metrics that need to be monitored.
02
Outline the processes that contribute to these metrics.
03
Determine the data sources required for each process.
04
Establish the flow of data between processes and metrics.
05
Use standardized symbols to represent different components in the diagram.
06
Review the diagram for clarity and completeness with stakeholders.

Who needs performance data flow diagram?

01
Project managers planning to track performance metrics.
02
Data analysts who need to visualize data flow.
03
Developers understanding the performance benchmarks.
04
Business stakeholders assessing process efficiency.
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A performance data flow diagram is a visual representation that outlines the movement of performance-related data within a system, showing how data is collected, processed, and utilized.
Individuals or organizations involved in managing or reporting performance data, such as businesses in certain regulated industries or government agencies, are typically required to file a performance data flow diagram.
To fill out a performance data flow diagram, identify all data sources, processes, storage locations, and outputs. Then, map these elements visually, connecting them with arrows to indicate the flow of data.
The purpose of a performance data flow diagram is to provide a clear and comprehensive overview of how performance data flows within a system, facilitating better understanding, analysis, and reporting of data performance.
The information that must be reported on a performance data flow diagram includes data sources, data types, processing steps, storage methods, data flow paths, and stakeholders involved in the data management process.
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Relevant keywords

Performance Data Consumer Credit Product Sales Data Reporting PS24/3 Flow Diagram Borrower Details Default Notice Credit Agreement Regulatory Compliance

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