Client's financial background

The following sections describe the financial background information that can be sent over in the API request for a 360-ProVestment recommendation. These information are typically collected during a financial planning fact finding process. A minimum set of the fields are mandatory, and the recommendation request will return an error if they are not sent over.

It is expected that over the course of a fact finding process, as more information is being disclosed from the client, the recommendation that is given will become more appropriate. Hence we expect that there could be multiple recommendation requests being sent to 360F during the fact finding process to support the solution interactivity with the client.

1. Applicant Details

This covers the applicant name, age, gender, smoker status and dependent family members. Individual family members can be added and later on tagged to their respective income, expenses, assets, etc.

2. Risk Profile

This is for the risk profile score. A separate risk profiler API is available in some customer's environments to support the calculation of the risk profile score based on the risk profile questionnaire.

3. Cashflow

This is the income and expenses section, on a monthly aggregated level. Further breakdown of the income and expenses are

4. Assets

5. Liabilities

6. Social Security

7. Needs and goals

8. Budget