Merging and Splitting Relationships using the Move Functionality

Hi there! Before you continue, please confirm which PrecisionLender version you are on.

If your Relationship Grid starts with Name followed by Owner AND you DO NOT see Merge and Split icons when you hover over a Relationship on the Grid, please continue with this article.

 

If your Relationship Grid starts with Name followed by Owner AND you see Merge and Split icons when you hover over a Relationship on the Grid, please see the Merging and Splitting Relationships article.

 

If your Relationship Grid starts with Name followed by Parent, please see the Moving Relationships article.

 

Overview

Merging and splitting relationships with the Move functionality is quick and easy. This guide will teach you how the process works, and what happens to the relationships involved.

PrecisionLender uses a unique identifier from your bank’s core system (for example, a taxpayer ID) to create each relationship. However, just because a relationship has a unique ID, that doesn’t always mean lenders think of it separately from its related owners and entities.

In order to reflect how lenders view relationships from an organization and profitability standpoint, PrecisionLender allows you to manually merge and split relationships. When relationships are merged, the parent relationship becomes the entity under which all the merged relationship activity takes place.

 

In This Article

 

Who Can Move Relationships?

In order to move relationships in PrecisionLender, you must have one of the following rights on the relationship being moved:

  • You must own it
  • You must have the rights to Edit it (have Edit Any Relationships rights) AND see it (have View All Relationship rights AND the Relationship is in a visible region)

Let's take a look at a couple of examples:

Example 1 Example 2

Lender A owns Relationship 123 and wants to merge it into Relationship 456. Lender A owns both relationships. Can Lender A successfully merge these relationships?

Yes, Lender A can merge these relationships because they own both Relationship 123 and Relationship 456.

 

How to Move Relationships

Whether you need to merge or split relationships, the Move process is easy:

  • Navigate to the relationship you want to move and find the Existing Core Relationships section.
  • If the relationship is already a parent, you will see the option to expand and view child relationships. If the relationship is a standalone, you will only see the current core relationship.
  • To move the relationship, select the checkbox to the left of the core relationship name and the Move button will activate.
  • Select Move to open the Move Relationships window.

 

Moving a Relationship under a Parent (formerly Merging)

  • Once the Move Relationships window is open, you will be asked to choose if you would like to move the relationship under an existing relationship, or to promote it to its own independent relationship. Select “Yes, select parent from existing relationships”. Selecting a relationship from the list will highlight it blue.

  • Select Save. A confirmation message will appear, which then allows you to refresh the page or navigate to the new relationship.

 

Removing a Relationship from a Parent (formerly Splitting)

  • Once the Move Relationships window is open, you will be asked to choose if you would like to move this relationship under an existing relationship, or to promote it to its own independent relationship. Select "No, create new relationship" and click Save.

  • You will see a confirmation modal letting you know that the relationship has been removed from its parent, allowing you to refresh the page or navigate to the new relationship.