Banking Product Type

The banking product types are the types of products that can be created using Banking Product Factory. They are created based on the banking product models used by banks: bank account, card, deposit, mortgage, term loan, and so on. During product definition, it is important to choose the right type of product to build, because the displayed fields depend on this choice.

Banking Product Factory enables you to define the desired banking product types by managing the records in the Banking Product Type menu. To manage banking product type records:

1. Log into Innovation Studio.
2. Click the main menu icon at the top left corner.
3. In the main menu, expand Product Factory > Banking Product Dictionaries menu.
4. Click the Banking Product Type menu item to open the Banking Product Type List page.

On the Banking Product Type List page, you can:

• Create a new banking product type record by clicking the Insert button at the top right corner.

• Edit an existing record from the list by double-clicking it and editing the Name field.

• Delete a record by selecting it and clicking the Delete button at the top right corner

• Search for a specific record by filling in any of the column headers of the displayed records list.

Creating Banking Product Type Records

Follow these steps to create new banking product type records:

1. In the Innovation Studio, click the Insert button on the top right side of the Banking Product Type List page. The Add Banking Product Type page is displayed.
   

2. Fill in the following fields:
   
   

Field	Mandatory	Data Type	Details
Name	Yes	Text	Enter the name of the new banking product type.
Product Type	Yes	Option set	Select the product type from the drop-down.
Bank Account Type	Yes	Option set	Select the new bank account type to be used with the new banking product type from the drop-down.

3. Click the Save and Close button at the top right corner of the page.