Data modeling involves relating a conceptual model of how data items relate to each other in an application. The data model in the Pega Platform refers to a set of rules that work together to populate the data in your application. This data is displayed on the user interface to help the user process the case and can help automate decisions in your business processes.

Features of Pega Foundation for Financial Services data model include:

• Base data model representing commonly used financial services objects such as individuals, organizations, accounts, and transactions.
• Cross references that allow modelling of complex party-to-party relationships between Organizations and Individuals.
• Customizable integration layer that lets you quickly and seamlessly map the data model to its existing proprietary databases and data services.
• Interfaces that allow standard CRUD (create, read, update, delete) operations on the data.
• A collection of commonly used financial services flow actions are supplied to manage processes associated with financial services objects such as customers, organizations, and accounts.

For information on defining the data model, please see Pega Foundation for Financial Services product page.

• Pre-configured data types

• Defining requirements