The Pega Client Lifecycle Management (CLM) application gives financial institutions the ability to capture related party information about a customer, including the underlying beneficial owners and controlling persons. Once the various related parties are identified and input into the application, the system reviews the party type, roles, and ownership data of the related parties to determine the regulatory requirements which need to be fulfilled as part of the customer onboarding process. The topics in this section describe related parties management solution and its configuration.

The following topics describe related parties management solution and its configuration.

• Introduction to related parties management
• Supporting infrastructure
• Configuring core modules
• Configuring attribute values
• Configuring enforced relationship code pairs
• Configuring indirect related parties selection list
• Configuring validations
• Configuring completion logic
• Optimizing the access to customer data
• Optimizing the construction of related parties network
• Adding related parties from third-party data providers
• Customizing the relationship visualizer
• Configuring related parties grid and actions
• Modifying KYC significant and deemed controlling logic
• Configuring due diligence refresh and drivers restart
• Managing related parties programmatically
• Upgrading from a previous version to 8.5

• Pega Client Lifecycle Management and KYC Implementation Guide