1 Party Management

Party Management features allows user to onboard, amend, and view party using a workflow-based process. Workflow based process enables a streamlined and controlled party management processes.

This topic contains the following subtopics:

• Retail Onboarding
  Retail party onboarding in a bank involves the process of enrolling new individual customers into the bank's system to establish their accounts and services. This process is designed specifically for retail or individual customers, distinct from corporate or institutional clients.
• Retail Amendment
  In the Amendment stage, the relationship manager can amend the information or can add additional information about a retail customer using Oracle Banking Enterprise Party Management.
• Retail View
  In this retail view stage, the relationship manager can view the information about a retail customer using Oracle Banking Enterprise Party Management.