buc2305-savings account (1)

Savings Account

Savings AccountBUC2305Slide title70 pt

CAPITALS

Slide subtitle minimum 30 pt

Slide title 44 pt

Text and bullet level 1 minimum 24 pt

Bullets level 2-5minimum 20 pt

Characters for Embedded font:!"#$%&'()*+,-./0123456789:;?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~

Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 , Rev 1BUC2305-Savings Account Partnering banks are willing to enter a more extensive co-operative model.

Revenue sharing with the partner. Banks and MFIs generate a revenue on banking intermediation by lending the amount of cash collected through the mobile saving product to other customers or to other financial institutions

This would help in defining and promote the product to the targeted customers

IntroductionSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 2BUC2305-Savings Account , Rev It shall be possible to manage the savings provider in the E/// wallet platform.savingsprovideruseridprofilenamedescriptivenamebankaccountnumberbankcodecurrencypasswordbankdomain - savings provider bank domainSavingsProduct Limit - Max number of savings product savings provider can create.

Requirements- systemSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 3BUC2305-Savings Account , Rev It shall be possible to charge the fees to savings provider possibly whenA deposit/withdrawal is made from savings accountInterest is paid to the userRevenue sharing model between MNO and savings provider- Real time- Generic requirement?It shall be possible to show the total savings balance for each savings provider on Operator dashboard.It shall be possible to generate the report having all It shall be possible to generate the report of AH who have savings account and their balances.It shall be possible to have all the savings account information in End of Day reports. Supported currently

Requirements- systemSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #It shall be possible to for savings provider to set the interest payout account from his/her MM accounts.It shall be possible for savings provider to view his/her deposit and interest payout account.It shall be possible for savings provider to search all the AH that belongs to that savings providerFilter can be savings ProductIt shall be possible for savings provider to see the savings account of the AH for that savings provider.The savings provider shall not be allowed to view the consumers other accounts, i.e. account that does not belong to the savings providerIt shall be possible for savings provider to manage a savings product in E/// wallet platform.

Requirements Savings ProviderSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 5BUC2305-Savings Account , Rev The savings product shall have following characteristicsDuration of the saving product TERMDescription about productInterest Rate(Simple interest)Percentage on balanceFixed AmountBalance for the interest calculation can be:Lowest/Highest balance of the dayEnd of day balanceAverage balanceInterest calculation can be Daily, Weekly,Monthly,YearlyInterest payout Daily, Weekly,Monthly,YearlyRequirementsSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 6BUC2305-Savings Account , Rev Deposit Allowed?Withdrawal Allowed?Savings Provider Deposit AccountRules for Amount Saved (From where it is debited should not be product definition)Frequency of Amount to be saved Rules for becoming dormant account if no deposit for x daysRules for Dormant account- after x days account should be closedIt shall be possible to disable the savings product- no new savings account resource should be allowed. one to many relationship should exist (from left to right)EWP -> SavingsProviders ->Savings Products -> Savings Accounts System SettingsHow many saving Product user can subscribe to?How many savings account?

REQUIREMENTSSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 7BUC2305-Savings Account , Rev It shall be possible for Account Holder to create a savings resource tied to Particular Savings Product.It shall be possible to name this Financial Resource e.g Tuition fees, Home Savings etcIt shall be possible to receive interest on amount saved in the savings resource from the savings Provider Wallet Account. This interest shall be paid to the Users Wallet.It shall be possible to show interest earned on daily/weekly/monthly basis.AccountHolder shall get a notification when the interest is paid out to his/her wallet.AccountHolder shall get a notification for periodic deposits in the savings resource.AccountHolder shall get a notification before N days when saving resource is about to expire. N is configurable.

Requirements- Acc HolderSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 8BUC2305-Savings Account , Rev Should normal operations- Cash-in, cash-out be allowed from savings account ?

It shall be possible to deduct Tax at the interest earned on Savings Account??Tax account held by systemSavings provider pay interest excluding the tax, to the users.The tax payment should be visible in the transaction history of the AH or some other way to track the tax paid.

Requirements- Acc HolderSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #RULESIf No deposit for x number of daysIf No withdrawal for x number of days

If Savings Account is closed before certain periodRULES & ACTIONSACTIONSSavings Account is put in Dormant StateSavings Account is Closed

Savings Money is put in Wallet.

This is generic requirement, should be done in separate BUC. Only Basic rules would be supported for savings

Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 10BUC2305-Savings Account , Rev RelationshipSavings Financial ResourceLinkedAccount HolderProfileSavings ProviderProfileSaving Product DefintionSavings productOwnerFRI:/SAVINGSSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 11BUC2305-Savings Account , Rev Savings provider1userMNOWalletSavings AccountCtrl AccCustody BCustody C- 50 EURCtrl AccInterest Saving AccountFee AccBANKM3Bank Domain2Solution No E-Money in savings accountWalletCustody ACtrl AccBank Domain1Savings Account1SVP DomainAccount Holder having savings account with savings provider are part of SVP GroupCustody DCtrl AccInterest Saving AccountSavings Account2Savings provider2Provider wallet - LoanProvider Wallet savingsProvider wallet - LoanProvider Wallet savingsSavings Resource Handler knows its Deposit account(SVP Account)Specific Bankdamain per SV Provider.FRI:/SAVINGSSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 12BUC2305-Savings Account , Rev If funds for the savings provider need to be separated, a specific bank domain is created for the savings provider A new bank domain type to be introduced for savingsprovider(SVP)Only one account holder is allowed to hold accounts in this bank domain and that is the savings providerSupporting two savings providers requires two separate domainsThe SVP will manage its own pool account of savings and the liquidity in this. They can transfer the funds from this account to a bank account if they want or use it to subsidize loans. The consumers that have savings accounts tied to a specific savings provider are grouped to that savings provider, i.e. an Account Holder group for that savings providerA consumer can have savings account at several savings providers, i.e. belongs to several savings provider groupsPossibility to belong to several groups

SolutionSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 13BUC2305-Savings Account , Rev The savings provider is assigned with a permission that allows it to view the consumers (AH:s) that belong to its groupThe savings provider holds its interest account in the same domain as the savings accountsWe need to understand whether that is an issue from a business perspectiveAll transfers between other domains the specific savings provider domain will utilize the regular logic for transfers across domains.A report might shall be required to show what Account Holders the providers has acquired and what products/savings accounts they have?

SOLUTION cont..Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 14BUC2305-Savings Account , Rev Users saving account to have a new FRI:/SAVINGSThere shall be no e-money in the users savings account.The balance of the users savings account should be accumulated from the transaction history.Saving Product definition need to have a parameter Deposit account (savings provider MM account), which savings provider would chose to receive the money associated with this savings product.Saving Product definition need to have a parameter interest account (savings provider MM account), which savings provider would chose to pay the interest to savings account holderWhen a money transferred from users wallet for savings it should be transferred to the Savings Provider Account chosen in the savings Product.

Solution cont..Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 15BUC2305-Savings Account , Rev The interest payout shall happen from savings provider interest savings account to the users walletIn this case system would not be able to calculate the compound interest, only the principle amount (balance of savings resource) would be used to calculate the interest as interest is being paid out to users wallet.The withdrawal of savings account money shall happen from savings provider mm account to users wallet This might fail if savings provider do not have sufficient balance.Grouping of accounts per savings provider in order for the savings provider to only view the savings account in its groupAdding the account as a resource in a group would not have that big of impact on the multi-tenant implementation (BUC4635). Solution cont..Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 16BUC2305-Savings Account , Rev Savings provideruserMNOWalletSavings Account1. Move e-money to the users savings account 50 EUR100 EUR- 50 EURCtrl Acc+ 50 EURCustody A- 50 EUR+ 50 EURProvider walletFee Acc2. Pay Fee7.Pay InterestEqual to sum of all the Savings accounts for this providerBANKM3MNOs Bank DomainALTERNATIVE-1 Option A3 Pay FeeTaxThe transfer between internal to external account should be real-time, but the settlement between the internal and external systems could be at end of the day based on reports.The real-time settlement could also be option?

Savings ProviderThe report would be required for net movement between the systems(if online settlement is not supported by external system)This should be solved in BUC2994- Internal to External AccountSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 17BUC2305-Savings Account , Rev Savings provideruserMNOWalletSavings Account1. Move e-money to the users savings account 50 EUR100 EUR- 50 EURCtrl Acc- 50 EURCustody A+50 EUR+ 50 EURProvider walletFee Acc2. Pay Fee7.Pay InterestEqual to sum of all the Savings accounts for this providerBANKM3MNOs Bank DomainALTERNATIVE-1 Option B3 Pay FeeTaxThe transfer between internal to external account should be real-time, but the settlement between the internal and external systems could be at end of the day based on reports.The real-time settlement could also be option?

Savings ProviderThe report would be required for net movement between the systems(if online settlement is not supported by external system)This should be solved in BUC2994- Internal to External AccountSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 18BUC2305-Savings Account , Rev BUC 1 Basic Savings ProductManage Savings ProviderCreation of savings product Disabling of savings product- only existing users would be served.Saving Resource Creation tied to saving productWithdrawal & DepositsInterest Calculation & Monthly Payout based on - Fixed amountPercentage based on balance of lowest balance of the dayBasic RulesA specific rule should be applied if the account is closed:before certain period.Rule should be defined by SPM. End of Day ReportsReport- AccountHolder having saving accounts and their balance.Support of multiple bank domain.Savings provider of one bank domain shall be supported across all bank domain.

BUC BREAKDOWNSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 19BUC2305-Savings Account , Rev BUC 2- Enhanced Savings Product Updating/Delete of savings Product - RulesInterest PaymentInterest on balanceHighest balanceEnd of day balanceAverage balanceInterest payout Daily, Weekly,Monthly,YearlyShowing interest earned daily, weekly, monthly, yearlyNaming of savings account resourceBUC 3- Operator dashboardSavings amount on Operator Dashboard in CC Gui.Savings Provider able to see operator Dashboard from Partner Gui based on permissionShowing all the savings products of the savings provider and their balances





Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 20BUC2305-Savings Account , Rev BUC 4 AccountHolder specific to savings provider in Partner GuiSavings Provider should be able to see AH tied to savings productSavings Provider can see Savings Account information of AH.

BUC5 Advanced Rules in Savings ProductScheduled depositsDormant Account & other states if anyRules & Actions configurationRules & Actions execution

BUC 6 Tax on interestTax deducted at source?Separate Tax account ?





Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 21BUC2305-Savings Account , Rev EstimationBUCEffortLead TimeBUC1 Basic Saving Product1+1/2 Team Sprint(revisit after multiple bank domain decision)2 Team SprintParallelization possible BUC2- Enhanced Saving Product1/2 Team Sprint 1 sprint lead time BUC3 Operator Dashboard1/2 Team sprint1 team sprintBUC4- AccountHolder specific to savings provider Team sprint1 Team sprintBUC5- Advanced Rules in Saving product1/2Team Sprint1 Sprint lead timeBUC6 Tax Payment & Interest left overs1/2 Team sprint1 sprint lead time

Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 22BUC2305-Savings Account , Rev Multi currency setupInterest RatesInterest paymentWithdrawals & depositsUser of 2 different bank domain but savings to same provider- Done

TO Look AtSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 23BUC2305-Savings Account , Rev

Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 24BUC2305-Savings Account , Rev REFERENCE MATERIALSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 25BUC2305-Savings Account , Rev Savings AccountTypeAH would receive interest on this accountThe interest rate shall be per account specificThe interest would be paid from system account to users accountMonthly statement for the saving account for the usersOperator Dashboard shall show the Total amount of savings account and system accountRules for savings account can be:Validity of the accountWithdrwal allowed?Deposit allowed?

HIDDEN SLIDESlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 26BUC2305-Savings Account , Rev AccountType SAVINGS Saving Products Definition is analogous to Interest RatePercentage on balanceFixed AmountDuration of the saving productAmount to SaveFrequency of Amount to be savedRules for becoming dormant account if no deposit for x daysRules for Dormant account- after x days account should be closed\Deposits allowedWithdrawal allowed

SAVING PRODUCTsSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 27BUC2305-Savings Account , Rev WhatWhyAccount Profiles & Savings ProductApproaches Grouping thingBank DomainInterestTax & FeeLoan- Impact

HIDDEN SLIDESlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 28BUC2305-Savings Account , Rev Explain- Saving provider --- how will he create saving productWhat can do on saving productDuration of the saving productFrequency of collectionAmount of collections Description of frequency and amount for AHRules and fee for closing account or withdrawing funds before termRules for dormant account statusRules for closing account after dormantInterest rate

HIDDEN SLIDE

Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 29BUC2305-Savings Account , Rev Savings provideruserMNOWalletSavings Account1. Move e-money to the users savings account 50 EUR100 EUR- 50 EURCtrl Acc+ 50 EURCustody ACustody B+50 EUR5. The providers account at bank is credited with the amount6. Deposit Instruction to credit the savings providers account with the amount- 50 EURCtrl Acc- 50 EUR+ 50 EURProvider walletFee Acc2. Pay Fee7.Pay InterestEqual to sum of all the Savings accounts for this providerBANKM3MNOs Bank DomainAlternative 13 Pay FeeTaxSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 30BUC2305-Savings Account , Rev Savings provideruserMNOWalletSavings Account1. Move e-money to the users savings account 50 EUR100 EUR- 50 EURCtrl Acc+ 50 EURCustody ACustody B+50 EUR5. The providers account at bank is credited with the amount6. Deposit Instruction to credit the savings providers account with the amount- 50 EURCtrl Acc- 50 EUR+ 50 EURProvider walletFee Acc2. Pay Fee7.Pay InterestEqual to sum of all the Savings accounts for this providerBANKM3Bank Domain2Alternative 1 with multiple bankdomain3 Pay FeeTaxWalletCustody CCtrl AccBank Domain1Savings AccountMaintains just counters for amount, interestsSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 31BUC2305-Savings Account , Rev ProsFlexible model to have or have not a individual custody account for each savings provider.Would be used if MNO wants to be savings provider

ConsNo existing netting reports, functionality needed to adjust custody accounts within same Bank Domain.

PROS & CONSSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 32BUC2305-Savings Account , Rev Savings provideruserMNOWalletSavings Account1. Move e-money to the users savings account 50 EUR100 EUR- 50 EURCtrl Acc+ 50 EURCustody ACustody B+50 EUR4. The providers account at bank is credited with the amount5. Deposit Instruction to credit the savings providers account with the amount- 50 EURCtrl Acc- 50 EUR+ 50 EURProvider walletFee Acc2. Pay Fee6.Pay InterestRequired Exception: One user shall have accounts in different domainsEqual to sum of all the Savings accounts for this providerBANKM3Saving Providers Bank DomainMNOs Bank DomainApproach-2Tax7.Pay Tax3.Pay FeeSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #Real time & Offline 2014-10-09 33BUC2305-Savings Account , Rev ProsExisting support for transfer between different bank domains.Saving Provider would be tied to individual custody Account.The sum of the saving products of saving provider would be available. Cons User has accounts in different Bank Domain and must be able to transfer between themMore management is required in this approach.A unique bank domain for each savings provider.

Approach-2Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 34BUC2305-Savings Account , Rev Problem Statement In multiple bank setup, the amount in all the savings accounts in bankdomain other than savings provider bank domain is to be moved to savingsproviders custody account. This would cause balance mismatch in control & custody account for BankDomain2.Solutions Alternative-1 Savings Account does not maintain the e-money but just the counters. When the money is deposited in the savings account from the wallet, the money is put in the savings provider wallet and the counter for the amount are increased in savings account. Alternative-2 Since the overall balance of the system is going to remain same, the balance mismatch between custody account and control account is always maintained using reports. The delta balance between control account and custody account should exactly be equal to sum of money in all the savings account. This is not purely technical solution, and this approach should be confirmed with regulatory & compliance team.Custody Account balance in multiple bankdomainSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 35BUC2305-Savings Account , Rev Savings provider1userMNOWalletSavings AccountCtrl AccCustody ACustody B- 50 EURCtrl AccProvider wallet/Interest Saving AccountFee AccBANKM3Bank Domain2OPTION2 with multiple bankdomainWalletCustody CCtrl AccBank Domain1Savings AccountSVP DomainAccount Holder having savings account with savings provider are part of SVP GroupLink to sv accountSavings AccountCustody DCtrl AccProvider wallet/Interest Saving AccountSavings AccountSavings provider2SV Accounts belonging to partucularSVP are part of SVP GroupSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 36BUC2305-Savings Account , Rev One savings provider specific custody account per bank domainGrouping of accounts per savings provider in order for the savings provider to only view the savings account in its groupAdding the account as a resource in a group would not have that big of impact on the multi-tenant implementation (BUC4635). Grouping of account holders (consumers) in order for the savings provider to view its consumersPossibility to belong to several groups

OPTION2Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 37BUC2305-Savings Account , Rev Savings provider1userMNOWalletSavings AccountCtrl AccCustody ACustody B- 50 EURCtrl AccProvider wallet/Interest Saving AccountFee AccBANKM3Bank Domain2OPTION2 A SV Account owned by AHWalletCustody CCtrl AccBank Domain1Savings AccountSVP DomainAccount Holder having savings account with savings provider are part of SVP GroupOwner of sv accountSavings AccountCustody BCtrl AccProvider wallet/Interest Saving AccountSavings AccountSavings provider2SV Accounts belonging to partucularSVP are part of SVP GroupSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 38BUC2305-Savings Account , Rev Savings accounts are owned by the consumers but belongs to a separate bank domain. Requires that accounts can be assigned to a specific bank domain, not only the AH bank domainLinking of all SV Account to Savings provider required?

OPTION2ASlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 39BUC2305-Savings Account , Rev Savings provider1userMNOWalletSavings AccountCtrl AccCustody ACustody B- 50 EURCtrl AccProvider wallet/Interest Saving AccountFee AccBANKM3Bank Domain2OPTION2 with multiple bankdomainWalletCustody CCtrl AccBank Domain1Savings AccountSVP DomainAccount Holder having savings account with savings provider are part of SVP GroupSavings provider2SV Accounts belonging to partucularSVP are part of SVP GroupCustody DCtrl AccSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 40BUC2305-Savings Account , Rev Savings provideruserMNOWalletSavings AccountCtrl AccCustody BCustody C- 50 EURCtrl AccProvider wallet/Interest Saving AccountFee AccBANKM3Bank Domain2Solution1 Savings Provider Owner of savings accountsWalletCustody ACtrl AccBank Domain1Savings AccountSVP DomainAccount Holder having savings account with savings provider are part of SVP GroupLink to sv accountSpecific Bankdamain per SV Provider.Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 41BUC2305-Savings Account , Rev The savings accounts created for a specific savings provider is owned by the savings providerThe consumer is linked to its savings accountThe savings provider is assigned with a permission that allows it to view its owned savings accountAn issue with this setup is how the savings provider should get an overview when owning many (thousands, millions) of accounts. How would that work in the GUI, over API:s etc.?Answer- Saving Provider need to search for particular AH and use normal Account Holder view to see account Holders savings account belonging to that savings provider.

Solution1 cont..Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 42BUC2305-Savings Account , Rev Savings provider1userMNOWalletSavings AccountCtrl AccCustody BCustody C- 50 EURCtrl AccProvider wallet/Interest Saving AccountFee AccBANKM3Bank Domain1Solution2 Savings Account Owned by AHWalletCustody ACtrl AccBank Domain2Savings AccountSVP Domain1Account Holder having savings account with savings provider are part of SVP GroupOwner sv accountSavings AccountCustody DCtrl AccProvider wallet/Interest Saving AccountSavings AccountSVP Domain2Savings provider2Accounts belonging to same SVP are part of SVP BankDomain GroupOwner sv accountSlide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 43BUC2305-Savings Account , Rev Savings accounts shall be owned by the consumers but shall belong to a separate bank domain as of savings provider. It shall be required to implement that accounts can be assigned to a specific bank domain, not only the AH bank domainGrouping of accounts per savings provider in order for the savings provider to only view the savings account in its groupAdding the account as a resource in a group would not have that big of impact on the multi-tenant implementation (BUC4635). Grouping of Accounts at BankDomain level(in our case SVP BankDomain) can be good use case for multi-tenancy setup.

Solution2 cont..Slide title 44 pt




Do not add objects or text in the footer areaBUC2305-Savings Account | Ericsson Internal | , Rev | 2014-11-11 | Page #2014-10-09 44BUC2305-Savings Account , Rev

buc2305-savings account (1)

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