FSCS Data Readiness
Validate FSCS Single Customer View (SCV) regulatory reports with secure intake and automated checks. We return detailed findings enabling you to have confidence in your FSCS submissions.
Purpose-built for FSCS/PRA reporting assurance.
Why Validation Matters
Accurate FSCS reporting under PRA rules is essential for compliance and operational readiness. Our independent validation highlights gaps and errors in your prepared SCV reports so your team can take the plaudits when you receive a green rating.
Reduce Compliance Risk
Catch errors early and avoid costly resubmissions and regulatory fines.
Independent Assurance
Objective validation to support internal governance and sign-off.
Actionable Findings
Clear exception reporting: what to fix, where, and why.
Two ways to use FSCS Data Readiness
Every firm is at a different stage with FSCS and SCV. That's why Datactics FSCS Data Readiness is available in two distinct ways:
Path 1: Managed Service
Send us your data.
Most banks choose to use Data Readiness as a managed service:
You send us your prepared FSCS SCV file via secure transfer
We run it through our FSCS rules, matching and data quality checks
You receive independent validation reports, exception lists and dashboards
No software to install, no UI to learn – our team does the heavy lifting while you keep your existing FSCS solution
This gives your regulatory and reporting teams outsourced data validation and assurance for FSCS, without changing how you submit your SCV today.
Path 2: In-House Deployment
Run Data Readiness in your own environment.
Some organisations prefer to bring Data Readiness in‑house:
Deploy the Datactics platform inside your own environment (on‑premises or cloud)
Your team runs FSCS checks directly and can reuse the same rules and workflows for other regulations (FATCA, EMIR, BBSI, and more)
Ideal if you want a repeatable, self‑service data quality and matching capability across multiple reports and jurisdictions
Not sure which path is right for you?
On a short call we can map your current FSCS/SCV set‑up, existing systems and team capacity, and recommend the most straightforward path to data readiness. The Key Features detailed below are the same whether you send us the data for a Managed Service, or you choose to run Data Readiness in-house.
Key Features
Identify Duplicates
Using Datactics’ best-in-class matching software, duplicates are identified to prevent overpayment.
Automated Validation
Run checks aligned to FSCS/PRA requirements to ensure payouts are accurate and you receive the green rating your team deserves.
Detailed Issue Reporting
Return findings and exception lists. Understand the scale of the issues and what to fix first.
How Data Readiness Works
1. Secure Transfer
2. Validation
We apply automated checks against FSCS/PRA rules and best practice.
3. Issue Report
We return a detailed validation report highlighting discrepancies, missing fields, and compliance gaps. Know what to fix, and where to fix it.
Frequently Asked Questions
The Financial Services Compensation Scheme (FSCS) is the UK’s deposit guarantee scheme. It protects eligible deposits and ensures customers are compensated if a firm fails.
SCV is the dataset that deposit takers must provide to FSCS so eligible claimants can be identified quickly. FSCS provides format options and templates.
FSCS supports Format 1 (A,B,C,D), Format 2 (ABD + C), and Format 3 (ABCD). See official guidance and examples on the FSCS site. FSCS – Single Customer View
No. This service is validation-only. We highlight issues for your internal remediation.
We use encrypted transfer and document processing aligned to UK data protection standards. We minimise data, restrict access, and maintain audit logs.
A validation report detailing exceptions, rule breaches, and recommendations for internal fixes—mapped to fields and records.
For our Managed Service, no. We receive your prepared reports via secure transfer and return findings. If you deploy Data Readiness in-house, we can discuss how to integrate with your systems.
UK-authorised banks, building societies, and credit unions preparing FSCS SCV reports under PRA rules.
Get A Free First Data Validation Run
Fill out the form below and we’ll arrange a free trial in our secure environment.