- Base Legal Entity Hierarchy
- General setup -- Root Legal Entities -- Customers Legal Entities --- Users Personas --- Users --- Reference Job Roles --- Product Types
- Use Cases -- Naomi & James Shared Portfolio Ownership --- Users --- Data Groups and Portfolios -- Alex’s Discretionary Portfolios --- Users --- Data Group and Portfolios -- Amos’s non-discretionary portfolios --- Users --- Data Group and Portfolios -- Context switching for portfolios --- Users --- Data Group and Portfolios
Bootstrap/Stream Implementation Notes
- Legal Entities of type “Bank” will have users associated with the Employee realm, all other legal entities will have users associated with the Customer realm.
Reference Job Roles
All Reference Job Roles are defined at the FI Head Office level.
Bank Job Roles
- Bank Admin
- Bank Employee Wealth Job Roles
- Wealth User
- Portfolio Owner
- Portfolio Investor
Bank Level Users
Old Diagram
This below diagram has been replaced by more detailed diagrams inside each Use Case
Bank’s legal entity will follow the same Hierarchy used by backbase-bootstrap-task using the same Financial Institution Branch under the Financial Institution Head Office
These customers will be able to manage and view their own portfolios.
| Username | Full Name | |
|---|---|---|
| naomi | Naomi N |
|
| james | James H |
|
| alex | Alex K |
|
| amos | Amos B |
|
| taylor | Taylor P | [email protected] |
| Job Role | Business Function | Privilege | Description |
|---|---|---|---|
| Portfolio - Investor | Manage Portfolio |
view edit |
The investor owns portfolios and can trade instruments. |
Manage Order |
create view edit |
||
| Portfolio - Owner | Manage Portfolio |
view edit |
Managed portfolio owner owns portfolios but can’t trade. |
Manage Order |
view |
Only view the orders | |
| Wealth User | Manage Statements | view |
View Account statements |
| A2A Transfer | view edit cancel delete create |
Create internal transfers between own accounts INTERNAL_TRANSFER |
|
| Product Summary | view edit |
View Account selector in payment journey | |
| Manage Messages | view edit create delete |
Create, view, and delete messages | |
| Manage Notifications | view edit create delete |
Create, view, and delete notification |
The Portfolio service works with investment accounts. Registering the product type for the investment account product is necessary.
| External Kind Name | External Product Kind ID |
|---|---|
investment-``account |
kind8 |
Two persons co-own investment portfolios. One person can trade instruments. Another only has a right to view portfolios.
| User | Job Role |
|---|---|
| naomi | - Portfolio - Investor |
- Wealth User | | james | - Portfolio - Owner
- Wealth User |
| Type | Details |
|---|---|
| DG: Naomi Portfolios, James Portfolios | |
| College Portfolio | 641531316 |
| Retirement Portfolio | 371362585 |
The person who owns a few portfolios but can’t trade. A financial institution manager advises on a portfolio setup and makes all the trading. The portfolio owner only monitors their portfolios.
| User | Job Role |
|---|---|
| Alex | - Portfolio - Owner |
- Wealth User |
| Type | Details |
|---|---|
| DG: Alex Portfolios | |
| Investment Portfolio | 495696898 |
| Investment Portfolio | 764204256 |
The person actively trades investment instruments and manages portfolios.
| User | Job Role |
|---|---|
| amos | - Portfolio - Investor |
- Wealth User |
| Type | Details |
|---|---|
| DG: Amos Portfolios | |
| Investment Portfolio | 027105943 |
Taylor P is a beginner investor who wants to try some aggressive investment strategies. She understands the risk, so she's allocating only a small amount of funds for the experimentation.
Before investing, Taylor established a solid backup. She has a retirement portfolio, which is managed for her by the Bank.
She wants to keep all investment activities separate from the backup portfolios, so she's using a dedicated context to work with the investment portfolio.
Her retirement portfolio is linked to her master service agreement. The "Investment" custom service agreement holds her "Experimental" portfolio.
When logging in, Taylor decides whether she would interact with her experimental portfolio or review her retirement funds.
| User | Service Agreement | Job Role |
|---|---|---|
| taylor | MSA | - Portfolio - Investor |
- Wealth User | | Investment | - Portfolio - Owner
- Wealth User | |
| Service Agreement | Type | Details |
|---|---|---|
| MSA | DG: Taylor Portfolios | |
| Retirement Portfolio | 379601127 | |
| Investment | DG: Taylor Investment Portfolios | |
| Experimental Portfolio | 732194030 |