CAP 142
| Category: | Wealth aggregation |
| Business Goal: | BG-016 — Complete financial picture for every customer |
| System Domain: | SD06 — Risk Platform (computation); SD07 — Data Platform (data sourcing) |
| Satisfying Modules: | MOD-100 External asset connector · MOD-101 Wealth intelligence engine |
Description¶
The net worth dashboard gives every customer a single, unified view of their complete financial position — not just their bank accounts, but everything:
- Bank deposits — transaction, savings, and term deposit balances (instant access, near-access)
- Loan positions — home loan, personal loan, overdraft — net off against assets
- Property equity — estimated value minus secured loan balance (from property portfolio feature)
- KiwiSaver / superannuation — external asset balance via MOD-100 consent data
The view is broken into liquidity tiers so a customer immediately understands what's available now, what's locked for a period, what's illiquid, and what's retirement-locked.
Liquidity tier display¶
| Tier | What's included | Visual |
|---|---|---|
| Instant | Transaction + savings accounts | Available today |
| Locked | Term deposits, notice accounts | Available on date X |
| Illiquid | Property equity (estimated) | On sale |
| Retirement | KiwiSaver / AU super | From age 65 |
| Net worth | Assets minus all liabilities | Single number |
Key design constraints¶
- Not real-time. External asset balances refresh daily (KiwiSaver is unit-priced daily). The dashboard shows "as at [date]" for external assets and live balances for bank accounts.
- Not advice. The net worth figure and tier breakdown are factual computations. No recommendations are made about how to allocate between tiers.
- Property equity is estimated. The bank does not have access to real-time property valuations. Equity is computed as
customer-provided estimated value − secured loan balance. Users are encouraged to update their property estimate periodically.