covannathan :
ChumP :
That's a great quality PSU(overkill for that system but better to be safe than sorry). Considering that, you should test the system with a known working decent quality power supply unit.
If you're absolutely positive that everything is plugged in correctly, then the PSU would be the first candidate since your fans won't even start spinning.
Yep I tried the paper clip test on it and tried a different one and the same result
Also have you tried running with a minimal set of components(1 stick of RAM, Integrated GPU, no storage devices)?
The next thing to troubleshoot would be the motherboard, because that takes care of the power delivery to your components. I guess you don't have a spare one to test, so it would be wise to RMA your current one.