Introduction
The Individuals module lets you create and manage identity profiles of natural persons on the Vistra Global Expansion Platform (GEP). These individuals can then be assigned various roles within legal entities such as Director, Shareholder, or both.
🚀 Key Takeaway: Easily manage and assign individuals to entity roles, maintaining an accurate record of directorships and shareholdings across your organisation.
Key Features & Capabilities
Role Assignment 👤
Assign individuals to one or more legal entities in roles such as Director, Shareholder, or both.
Tag individuals to relevant organisations for seamless cross-entity assignments.
Profile Management 🛠️
Create detailed profiles by inputting personal information and uploading supporting documents.
Maintain a centralised and reusable database of individuals that reduces duplication and manual data entry.
Profile Merging 🧹
Detect and merge duplicate individual records to preserve data integrity.
Consolidate roles and entity relationships under a single profile to avoid redundancy.
How It Works (Step-by-Step Guide)
Step 1: Navigate to the "Individuals" menu
Step 2: Click "Create Profile" to initiate a new individual record.
Step 3: Create Individual profile Form
Populate all information on the individual (e.g., full name, identification details)
Upload relevant supporting documents
Step 4: Tag individual to an organisation, then click "Save" to complete creation.
Step 5 (Optional): Merge
Use the merge function to consolidate duplicate profiles if detected.
User Benefits
Accuracy 🎯 : Avoid data duplication by merging redundant profiles.
Efficiency ⏩ : Quickly assign or reassign individuals to multiple roles across entities.
Security 🔒 : Supporting documents are safely stored within the platform.
Transparency 📊 : Maintain a clear and auditable history of individual assignments.
Use Cases
✅ For Compliance Teams: Maintain accurate shareholder and director records required for filings and audits.
✅ For Relationship Managers: Easily update role changes across clients’ entities.
✅ For Operational Teams: Reuse individual profiles without re-entering data across multiple entity records.
Summary
The Individuals module centralises identity management for natural persons across your organisation, simplifying role assignment and reducing administrative overhead.