Siebel Order Management Guide Addendum for Financial Services > Setting Up Siebel Financial Services Customer Order Management for Banking >

Modeling the Financial Product

Siebel Financial Services Customer Order Management for Banking uses a customizable product model that allows customers to use the entire order management framework. In Siebel Financial Services Customer Order Management for Banking, contacts can be added as applicants and assigned ownership roles for financial product components. Every financial product can have multiple applicants and owners.

Siebel Financial Services Customer Order Management for Banking is customizable. However, to use Asset Based Ordering (ABO) logic, a financial product must be created as a Customizable Product, and its type must be Fin Account. In addition, an Applicant must be created as a Customizable Product and the product type must be Owner. The applicant must always maintain a child relationship with the financial product, and this cannot be changed. To understand these concepts, refer to the Gold Package Offering product, which is provided as an example. For help on how to obtain this sample product file, create a service request (SR) on My Oracle Support, For more information about products, see Siebel Product Administration Guide on Oracle Technology Network (http://www.oracle.com/technetwork/indexes/documentation/index.html).