Flexible Relationship Type Definitions for Comprehensive Relationship Modeling

Custom Relationship Types

PrimeAML's Custom Relationship Types feature allows you to define unlimited relationship types with custom attributes, directionality, and business logic to model your specific organizational relationships and ownership structures. This powerful feature ensures that your client management system can accurately represent the complex relationships that exist in your client base.

The relationship type system supports both directional and bidirectional relationships, with custom attributes that can store relationship-specific information such as ownership percentages, voting rights, control indicators, and other relevant data. Business logic rules can be configured to automatically calculate derived values or trigger workflows based on relationship data.

Key Features of Custom Relationship Types

Our comprehensive relationship type system includes all the tools you need to model complex client relationships effectively.

• Unlimited Relationship Types
  Define unlimited relationship types to model any type of relationship relevant to your business, from ownership to business partnerships.
• Custom Attributes
  Add custom attributes to relationship types, storing relationship-specific information such as ownership percentages, voting rights, and control indicators.
• Directionality Support
  Support for both directional and bidirectional relationships, accurately modeling the nature of relationships between clients.
• Business Logic Rules
  Configure business logic rules to automatically calculate derived values or trigger workflows based on relationship data.
• Relationship History
  Track relationship history over time with effective dating, enabling point-in-time analysis for regulatory inquiries.
• UBO Calculation
  Automatic calculation of ultimate beneficial owners (UBOs) based on relationship types and ownership percentages.

Why PrimeAML's Custom Relationship Types Stand Out

PrimeAML's Custom Relationship Types provide the flexibility you need to accurately model complex client relationships, supporting effective compliance and risk management.

• Unlimited Flexibility
  Define unlimited relationship types to match your specific business needs and relationship structures.
• Rich Data Model
  Custom attributes and business logic enable rich relationship data models that accurately represent complex organizational structures.
• Automated Calculations
  Business logic rules automatically calculate derived values, reducing manual effort and ensuring consistency.
• Compliance Support
  Automatic UBO calculation and relationship history tracking support regulatory compliance and reporting requirements.

PrimeAML's Custom Relationship Types provide the flexibility and power you need to accurately model complex client relationships, supporting effective compliance, risk management, and business decision-making.