Introduction to Static Data

This feature helps clients storing UK specific customer data for the purpose of reporting and compliance. It covers the following data items:

Reporting Codes

• Bank of England Sector Code
• Bank of England Industry Code
• ONS Standard Industrial Classification (SIC)

Individual Code

• National Insurance Number (NINO)

The reporting codes are applicable for all customers. Individuals and legal entities while the NINO is only applicable for individuals. The ease the effort of entering n the reporting code for each customers, all three codes are linked to the INDUSTRY code. This allows Temenos clients define their own mapping between the INDUSTRY and the reporting codes. When a user enters an INDUSTRY code during customer creation or amendment, appropriate values for the reporting codes are automatically determined by the system.

The National Insurance Number (NINO) is used for multiple reporting purposed and a pre-requisition for tax reporting. System will check the validity of the NINO during input in the CUSTOMER application.

Please note that this feature support the data capture as a basis for other features and does not provide any reporting or data extract functionalities.

Click here to understand the terms and abbreviations used in this functionality.