Introducing wealth management data model
Important
This content is archived and is not being updated. For the latest documentation, go to the Microsoft Dynamics 365 documentation. For the latest release plans, go to Dynamics 365 and Microsoft Power Platform release plans.
| Enabled for | Public preview | General availability |
|---|---|---|
| Users by admins, makers, or analysts | 
Sep 14, 2022 |
Mar 13, 2023 |
Business value
A dedicated wealth management data model hosted in Microsoft Dataverse captures new dimensions, such as financial goals and investment instruments linked to customer portfolios. To help wealth managers quickly take advantage of the benefits of Microsoft Cloud for Financial Services, we support their business model out of the box. These changes will accelerate time to value for financial institution solutions by ensuring that data structure and measures available by default are consistent and relevant for wealth management business processes.
Feature details
We're introducing extensions to Common Data Model and the Retail banking data model that are customized for wealth management scenarios.
Financial goals schema: Financial goals assessment and tracking are critical elements of financial advice in order to assess suitability and structure investment portfolios. We're providing the ability to track and capture financial goals and time horizons as part of the wealth management domain of the financial services data model.
Investment instruments schema: Understanding the constituents of investment portfolios is critical for wealth managers to serve their customers. We're adding the ability to capture investment instruments, such as securities, funds, or cash, as part of the wealth domain of the financial services data model.