Siebel Order Management Guide Addendum for Financial Services > Overview of Siebel Financial Services Customer Order Management for Banking >

About Siebel Financial Services Customer Order Management for Banking

Siebel Financial Services Customer Order Management for Banking is based on a customizable product model that allows financial institutions to open and manage orders for financial products through their entire life cycle.

Siebel Financial Services Customer Order Management for Banking also uses asset-based ordering, which allows financial institutions to create orders based on a customer's existing assets.

Siebel Financial Services Customer Order Management for Banking allows you to:

• Configure your own financial product packages and bundles when opening a new financial account.
• Create financial applications for financial products and services.
• Customize your financial product or package by adding components, such as checking accounts or credit cards.
• Customize financial product components by associating applicants and assigning ownership roles to applicants.
• Revise in-process orders that have been submitted for fulfillment.
• Generate financial applications for submission to back-office fulfillment systems.

This guide contains information you use with Siebel Order Management Guide. For more background information about order management, and for information about setting up order management, see Siebel Order Management Guide on Oracle Technology Network (http://www.oracle.com/technetwork/indexes/documentation/index.html).

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