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ControllingParty entity type for SAP Reltio's velocity pack for Banking

Learn about the ControllingParty entity type preconfigured in SAP Reltio's velocity pack for Banking data model.

The ControllingParty entity type records who steers an Organization when ownership does not explain it. A party holding no shares can still direct a company through board representation, a voting proxy, a veto right, or a management contract, and regulators require that influence to be reported whether or not equity changes hands. The ControllingParty entity type is a relationship modeled as an entity, so the arrangement carries its own dates, evidence, and review status.

This table identifies the properties for the ControllingParty entity type specified in the SAP Reltio's velocity pack for Banking configuration and lists the attributes preconfigured in the order they appear in the Data Modeler.

Note: On the table above, the top level attributes are represented in bold.