Household entity type for SAP Reltio's velocity pack for Banking
Learn about the Household entity type preconfigured in SAP Reltio's velocity pack for Banking data model.
The Household entity type groups individuals who share finances, and lets the bank see the relationship rather than the accounts. Pricing, service tier, and cross-sell all work better against a family's combined position than against any one member's balance, and AML review needs the same view. A risk that looks unremarkable per person can concentrate at the household level. Members join through the HouseholdMembership relationship, the aggregate figures here are derived from their accounts rather than entered by hand.
This table identifies the properties for the Household 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.