The relationship managers can further enrich the customer’s financial information in the Financial Profile screen, by adding total income and net worth, income, and expense details, and details about the relationship with other banks.

The following additional Data Segments can be captured in Financial Profile in Onboarding Enrichment – Financial Profile section.

1. Click Next in theMembership/Association screen.
   The Financial Profile screen displays.

   Figure 1-48 Enrichment – Financial Profile

   
   

   
   Description of "Figure 1-48 Enrichment – Financial Profile"

   
   
2. On the Financial Profile screen, click and expand Assets & Liabilities segment.
   The Assets & Liabilities screen displays.

   Figure 1-49 Assets and Liabilities Details

   
   

   
   Description of "Figure 1-49 Assets and Liabilities Details"

   
   
3. On the Assets & Liabilities screen, you can perform the following actions. For more information, refer to the below table.

   Table 1-48 Common Actions for Assets and Liabilities

   Action	Description
   Add	ClickAdd button to add the assets and liabilities in the corresponding tiles. For more information, refer to the Figure 1-26 and Figure 1-28.
   View detail	Click View detail button in the corresponding tiles to change the chart view of asset and liabilities detail to the list view.
   Back	Click Back button in the corresponding tiles to change the list view of assets and liabilities detail to the chart view.

4. Click the configure icon in the corresponding tile.

   The following options are displayed in assets and liabilities details:

   • Add
   • Modify
   • Delete
5. Click and expand the Income & Expenses section.

   Figure 1-50 Financial Profile – Income and Expense

   
   

   
   Description of "Figure 1-50 Financial Profile – Income and Expense"

   
   
6. Click Add to add the income details of the customer.
   The Income screen displays.

   Figure 1-51 Income

   
   

   
   Description of "Figure 1-51 Income"

   
   
7. Click Add.
   The Add Income screen displays.

   Figure 1-52 Add Income

   
   

   
   Description of "Figure 1-52 Add Income"

   
   
8. On the Add Income screen, specify the fields.
   For more information on fields, refer to the field description table.

   Table 1-49 Add Income – Field Description

   Field	Description
   Income Type	The category or source of income for the party (e.g., Salary, Investment). Entity Code: INY
   Frequency	The frequency at which the party receives their income (e.g., Monthly, Annually). Entity Code: FTY
   Currency	The currency in which the party’s income is received (e.g., USD, EUR). Common Core Maintenance: cmc currency maintenance
   Amount	The total amount of income received by the party, in the specified currency.

   Note:

   • The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.
   • For details on Common Core Maintenance, refer to the Common Core User Guide.
9. Click Add to save the details.

   Note:

   You can also select the required item from the list, and click the Edit/Delete icon to modify/delete the added membership details.
10. Click icon to exit the Income window.
11. In the Expenses tile, click the configure icon to add the expense details of the customer.
    The Expenses window is displayed.

    Figure 1-53 Expense

    
    

    
    Description of "Figure 1-53 Expense"

    
    
12. Click Add.
    The Add Expenses screen is displayed.

    Figure 1-54 Add Expense

    
    

    
    Description of "Figure 1-54 Add Expense"

    
    
13. On the Add Expense screen, specify the fields.
    For more information on fields, refer to the field description table.

    Table 1-50 Add Expenses - Field Description

    Field	Description
    Expense Type	The category or type of expense incurred by the party (e.g., Rent, Utilities, Loan Payment). Entity Code: EXY
    Frequency	The frequency at which the party incurs the expense (e.g., Monthly, Annually). Entity Code: FTY
    Expense Currency	The currency in which the party’s expense is paid (e.g., USD, EUR). Common Core Maintenance: cmc currency maintenance.
    Expense Value	The total amount of the party’s expense, in the specified currency.

    Note:

    • The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.
    • For details on Common Core Maintenance, refer to the Common Core User Guide.
14. Click Add to save the details.

    Note:

    You can also select the required item from the list, and click the Edit/Delete to modify/delete the added membership details.
15. Click icon to exit the Income window.
16. Click and expand the Other Relationship section.
    The Other Relationship screen displays.

    Figure 1-55 Other Relationship

    
    

    
    Description of "Figure 1-55 Other Relationship"

    
    
17. Click Add to add details about the customer’s relationship with other banks.
    The Relationship with other financial institutions screen displays.

    Figure 1-56 Relationship with other financial institutions

    
    

    
    Description of "Figure 1-56 Relationship with other financial institutions"

    
    
18. On the Relationship with other financial institutions screen, specify the fields.
    For more information on fields, refer to the field description table.

    Table 1-51 Relationship with other financial institutions - Field Description

    Field	Description
    Institution Name	The name of the financial institution where the party holds an account or financial relationship.
    Relationship Type	The type of relationship the party has with the other financial institution. Entity Code: RTY
    Relationship Worth	The total monetary value of the party’s relationship with the other financial institution.
    Relationship worth Currency	The currency in which the relationship worth is denominated (e.g., USD, EUR). Common Core Maintenance: cmc currency maintenance.
    Relationship Since	The date or year when the party started their financial relationship with the other institution.

    Note:

    The list of drop-down values is configurable through Entity Maintenance. For details on Entity Code Maintenance and the available values corresponding to each Entity Code, refer to the Oracle Banking Party Configurations User Guide.
19. Click Add to save the details.

    The system adds and lists the relationship details in the Other relationship section

    Figure 1-57 Other Relationship List

    
    

    
    Description of "Figure 1-57 Other Relationship List"

    
    

    Note:

    You can also select the required item from list, and click the edit/delete icon to modify/delete the other relationship details.

20. Click and expand Beneficially Owned Company segment.
    The Beneficially Owned Company screen displays.

    Figure 1-58 Beneficially Owned Company

    
    

    
    Description of "Figure 1-58 Beneficially Owned Company"

    
    
21. Click + to add details about beneficially owned company.
    The Beneficially Owned Company pop-up screen is displayed.

    Figure 1-59 Beneficially Owned Company

    
    

    
    Description of "Figure 1-59 Beneficially Owned Company"

    
    
22. On the Beneficially Owned Company pop-up screen, specify the details. For more information, refer to the field description table.

    Table 1-52 Beneficially Owned Company - Field Description

    Field	Description
    Company Name	The name of the company that the party beneficially owns or holds a significant interest in.
    Location	The physical location or address of the company that the party beneficially owns.
    Percentage Holding	The percentage of ownership or shares the party holds in the beneficially owned company.
    Annual Income Currency	The currency in which the party’s income is received. Common Core Maintenance: cmc currency maintenance.
    Annual Income Amount	The total annual income of the company owned or controlled by the party.
    Line of Business	The industry or field in which the beneficially owned company operates (e.g., Technology, Retail, Finance).

    Note:

    For details on Common Core Maintenance, refer to the Common Core User Guide.
    The system adds and lists the beneficially owned company details in the section.

    Note:

    You can also select the required item from list and click edit/delete icon to modify/delete the beneficially owned company details.
23. Click Next to move to the Comments segment.