On-boarding framework

摘要

The on-boarding framework consolidates and ensures consistent implementation of business compliance with regulatory policy across a global business that is required to comply with regulations of international, regional, country specific, local jurisdictions, or the like. The on-boarding framework facilitates the work flow, approvals, documents, reporting, and other information using dynamic rules that dictate the on-boarding elements based on customer type, booking entity, location of the authorized approval, special products, data collected, and the like, which are used to dynamically evaluate the client's on-boarding potential regulatory issues, and the actions used to mitigate potential regulatory issues with the entity being on-boarded.

主权项

1. A system for on-boarding entities to comply with compliance regulations utilizing an integration framework, the system comprising:
one or more memory devices having computer readable program code store thereon; and one or more processing devices operatively coupled to the one or more memory devices, wherein the one or more processing devices are configured to execute the computer readable program code to:
receive an indication from a first user from an institution to log into an on-boarding application for on-boarding one or more entities to comply with the compliance regulations and to determine that the institution can enter into transactions with the one or more entities being on-boarded;identify an on-boarding template for the on-boarding application;determine first user profile data, wherein the first user profile data comprises at least a first user type and a first user style-sheet, wherein the first user type includes an entitlement type that indicates what the first user is approved to view and take actions on, and wherein the first user style-sheet includes how to display a plurality of on-boarding questions and pre-defined answers in an on-boarding interface to the first user;display the on-boarding interface to the first user in a first user interface based on the first user type, and the first user style-sheet;receive an entity selection from the first user to on-board an entity within the on-boarding interface;receive a region in which the first user is on-boarding the entity, and wherein the region in which the first user is on-boarding the entity determines at least a portion of the compliance regulations;determine a plurality of first on-boarding questions and pre-defined answers for on-boarding the entity based on the user profile data, the entity selection, and the region, wherein the plurality of questions and pre-defined answers for on-boarding the entity at least comprise product questions regarding products for which the institution is entering transactions with the entity, and wherein the plurality of questions and pre-defined answers for on-boarding the entity at least comprise regulatory questions related to if the entity is regulated by an agency and verification questions related to if the entity is a verified entity;display the plurality of first on-boarding questions and pre-defined answers in the on-boarding interface based on the template;receive an action from the first user that answers one or more of the plurality of first on-boarding questions;store the answers to the one or more of the plurality of first on-boarding questions;determine one or more second on-boarding questions and pre-defined answers based on the answers to one or more of the plurality of first on-boarding questions;display the second one or more questions and pre-defined answers in the template in the on-boarding interface; andon-board the entity to allow the institution to enter into transactions with the entity when the pre-defined answers to the product questions and regulatory questions meet the compliance regulations.