1.2 Onboarding Initiation

In the Initiation stage, the Relationship Manager can capture brief information about the retail customer to be onboarded using Oracle Banking Enterprise Party Management.

This topic contains the following subtopics:

• Onboarding Initiation - Basic Details
  You can add personal details such as name, date of birth, and address of the customer to be onboarded in the Basic Details screen.
• Onboarding Initiation - Relationship
  This topic provides the information to add the details about the relationships of the customer to be onboarded in the Relationships screen.
• Onboarding Initiation - Educational Qualification
  This topic provides the details about the customer’s education such as degree, diploma, and certifications are added in the Educational Qualification screen.
• Onboarding Initiation - Employment
  Details about the customer’s source of income are added to the Employment screen. Employment details are necessary for the bank to determine the stability of the customer.
• Financial Information
  Information about the customer’s income, assets, and liability is added to the Financial Information screen. Financial information about the customer help the bank in determining the creditworthiness of the customer in a better manner.
• Interested Products
  This topic describes about all the bank products relevant to the customer displayed on the Interested Products screen.
• Onboarding Initiation - Comments
  The relationship managers can capture overall comments for the initiation stage in the Comments screen.
• Onboarding Initiation - Review and Submit
  The Review and Submit screen provides a consolidated view of the information captured in all the sections.