Financial Services Business Scopes available for separate import

The Knowledge Accelerator for Financial Services has available the following Business Scopes available for separate download and import.

Data Privacy

A business scope that groups terms for data privacy that includes a taxonomy of terms addressing the personal information of individuals and mappings of core business terms to the GDPR and CCPA regulations.

The data privacy scope is comprised of two subcategories:

Personal Data

A set of business terms with classifications to guide the identification of Personal Information (PI) and Sensitive Personal Information (SPI). This set of terms is not intended to be a definitive standard for data privacy and protection requirements, as the classifications of PI and SPI may vary in different legal jurisdictions. The scope is designed to be a template to accelerate governance of data privacy information. The main concepts covered in this business scope include:

Personal Data Concepts
Affiliations Affiliation Document Organization Basic Personal Information Address Household Individual Beliefs, Views & Opinions Organization Membership Social Media Post Criminal & Offence Activity Criminal Event Fraud Education & Skills Education Certificate Finance Annual Pay Statement Credit Assessment Payment Card	Health & Biometric Facial Image Fingerprint Medical Certificate Human Resources Business Travel Employee Employee Contract Employment Position ID - Government Birth Certificate Driver License Work Permit ID - Other Accreditation ID Document Employment ID Document Personal Communication Complaint Response Notification Request Video Recording	Personal Location Individual Residence Address Internet Protocol Address Personal Preference Information Data Processing Consent Arrangement Preferred Contact Point Online Activities Page Access Activity Social Media Persona Website Visit Online Behavior Conversion Activity Social Media Reaction Schedules Business Meeting Business Travel Telephony & Video Call Audio Video Image

Regulatory Alignment

The Knowledge Accelerator for Financial Services contains key terms from two leading data privacy regulations, the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). These regulatory terms are related to the business terms within the Business Core Vocabulary, which helps data users identify enterprise information that is relevant to these regulations.

Banking Customers

A Business Scope that groups terms describing characteristics of the Financial Institution's Individual and Organization Customers, their Household and family relationships, financial status, ratings and contact preferences. The main concepts covered in this business scope include:

Banking Customers Concepts
Involved Party Customer Individual Organization Preference Information	Arrangement Arrangement Customer Arrangement Relationship	Common Currency	Location Telephone Address	Group Household

Credit Cards

A Business Scope that groups terms describing characteristics of the Financial Institution's Credit Card products, including the specific arrangements with Customers and the transactions representing the financial movements on the arrangements. The main concepts covered in this business scope include:

Credit Cards Concepts
Arrangement Credit Card Arrangement Line Of Credit Arrangement Customer Arrangement Relationship Common Currency Condition Interest Rate Condition Documentation Credit Card Group Risk Rating	Involved Party Card Holder Customer Individual Merchant Organization Product Credit Card Line Of Credit Credit Card Service Credit Protection Service	Transaction Account Closure Account Opening Balance Transfer Cash Advance Transaction Cash Back Transaction Charge Back Transaction Credit Card Purchase Interest Credit Transaction Payment Card Payment Transfer

Loans And Mortgages

A Business Scope that groups terms describing characteristics of Loans and Mortgages including the product details, the specific arrangements with Customers, the purchased property, security provided and transactions on the arrangements. The main concepts covered in this business scope include:

Loans And Mortgages Concepts
Arrangement Loan Arrangement Mortgage Arrangement Collateral Arrangement Guarantee Arrangement Security Arrangement Customer Arrangement Relationship Common Currency Condition Interest Rate Condition	Group Risk Rating Involved Party Customer Individual Organization Product Mortgage Term Loan	Property Property Real Property Transaction Account Closure Account Opening Interest Credit Transaction Loan Disbursement Transaction Loan Repayment Payment Transfer

AML Suspicious Transactions

A Business Scope that groups terms describing characteristics of transactions and activities that affect financial balances of retail accounts so pattern abnormalities and suspicious behavior can be established. The main concepts covered in this business scope include:

AML Suspicious Transactions Concepts
Arrangement Arrangement Customer Arrangement Relationship Common Currency Industry Classification Communication Payment Instruction Group Blocklist Channel	Documentation Payment Card Involved Party Customer Individual Financial Institution Merchant Organization Payment Service Provider Location Country Postal Address Postcode Area State	Property Property Transaction Account Closure Account Opening Cash Advance Transaction Credit Card Purchase Currency Exchange Deposit Transaction Loan Repayment Payment Transfer Withdrawal

Credit Risk Mitigation

A Business Scope that groups terms supporting the assessment of the risk of credit loss to the Financial Institution, and the mitigants in place to reduce the risk of such potential losses. The main concepts covered in this business scope include:

Credit Risk Mitigation Concepts
Arrangement Account Facility Arrangement Loan Arrangement Mortgage Arrangement Netting Arrangement Collateral Arrangement Guarantee Arrangement Security Arrangement Customer Arrangement Relationship Common Currency Communication Risk Assessment Documentation Security Arrangement Document	Group Credit Risk Mitigation Portfolio Credit Risk Portfolio Hedge Relationship Portfolio Netting Portfolio Risk Rating Involved Party Customer Individual Organization Product Finance Service	Property Allowance Chattel Financial Property Provision Real Property Transaction Accounting Transaction

Payments Data

A Business Scope that groups terms describing characteristics of inward and outward payments for the Financial Institution. The main concepts covered in this business scope include:

Payments Data Concepts
Arrangement Account Arrangement Account Facility Arrangement Payment Service Arrangement Settlement Arrangement Transfer Service Arrangement Common Currency Communication Payment Instruction Condition Exchange Rate	Documentation Payment Card Subscriber Identity Module Card Group Channel Involved Party Customer Clearing Institution Financial Institution Individual Merchant Payment Service Provider Organization	Product Merchant Service Payment Collection Service Payment Service Settlement Service Transfer Service Transaction Payment Transfer