2.1.5 Insta SMB Onboarding - Financial Profile

Section to add financial information related to party including asset, liability, income, and expense.

Financial information section allows user to capture financial information of the party. The following data segments can be captured in financial information section:

Table 2-5 Data Segment - Description

Sl.No	Data Segment Name	Mandatory / Optional / Conditional	Description
1	Asset	Optional	Data segment to capture assets details of the party.
2	Liability	Optional	Data segment to capture liability details of the party.
3	Income	Optional	Data segment to capture income details of the party.
4	Expense	Optional	Data segment to capture expense details of the party.
5	Other Relationship	Optional	Data segment to capture other relationships of the party.
6	Beneficially Owned Company	Optional	Data segment to capture beneficially owned company relations of the party.
7	Profit and Financial Ratios	Optional

1. On the Insta SMB Onboarding screen, click and expand Financial Information segment.
   The Financial Information screen displays.
2. On the Financial Profile screen, click Edit button on the Assets widget.
3. On the Assets screen, click Add button.
   The Add Assets Details pop-up screen is displayed.
4. On Add Assets Details pop-up screen, specify the details of the assets. For more information on fields, refer to the Table 1-11 table.
5. On the Financial Information screen, click Edit button on the Liabilities widget.
6. On the Liabilities screen, click Add button.
   The Add Assets Details pop-up screen is displayed.
7. On Add Liabilities Details pop-up screen, specify the details of the assets. For more information on fields, refer to the Table 1-12 table.
8. On the Financial Information screen, click Edit button on the Income widget.
9. On the Income screen, click Add button.
   The Income pop-up screen is displayed.
10. On Income pop-up screen, specify the details of the assets. For more information on fields, refer to the Table 1-16 table.
11. On the Financial Information screen, click Edit button on the Expense widget.
12. On the Expense screen, click Add button.
    The Expense pop-up screen is displayed.
13. On Expense pop-up screen, specify the details of the assets. For more information on fields, refer to the Table 1-17 table.
14. On the Financial Information screen, click Edit button on the Other Relationships widget.
15. On the Other Relationships screen, click
    
    
    
    icon.
    The Relationship with other financial institutions pop-up screen is displayed.
16. On Relationship with other financial institutions pop-up screen, specify the details. For more information on fields, refer to the Table 1-19 table.
17. On the Financial Information screen, click Edit button on the Beneficially Owned Company widget.
18. On the Beneficially Owned Company screen, click
    
    
    
    icon.
    The Beneficially Owned Company pop-up screen is displayed.
19. On Beneficially Owned Company pop-up screen, specify the details of the basic info and citizenship. For more information on fields, refer to the field description table.

    Table 2-6 Beneficially Owned Company - Field Description

    Field	Description
    Company Name	Specify company name as per beneficially owned company details of the party.
    Location	Specify location of the beneficially owned company of the party.
    Percentage Holding	Percentage holding as per beneficially owned company details of the party.
    Annual Income Currency	Select the currency of incomer as per income details of the party from the list of values.
    Annual Income Amount	Specify annual income of the beneficially owned company of the party.
    Line of Business	Specify line of business of the beneficially owned company of the party.

    Note:

    Refer to the Oracle Banking Party Configurations User Guide for entity maintenance.