About person
In the Tuum system, creating a record for each person is essential for managing client or customer information effectively. This foundational step is necessary to begin leveraging other capabilities of the Tuum system, such as accounts, payments, cards, and loan features.
Person types
There are two types of persons in the system:
Private person - a physical individual. Private persons typically represent themselves, but they may also represent others if authorised through consents or mandates.
Legal person - an organisation, such as a business or non-profit entity. Legal persons are always represented by private persons.
The Person module in Tuum BackOffice allows you to create and configure person records, define essential parameters, and manage related data such as risk types, levels, and person groups. It also enables you to search for existing persons and control access through person privileges.
Here you will learn about:
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