About holding companies

A holding company is a corporate entity with one or more operational companies linked to it as subsidiaries. In Universal Online Banker, a holding company is managed through SAM under the Holding Companies tab and acts as a non-operational container linked to its subsidiaries.

When a holding company is also an operational company with account and payment needs, it is represented by a company entity within Universal Online Banker. This company entity then functions as a container for both the operational holding company and its subsidiaries.

In Universal Online Banker, each holding company can have holding company users that can then be linked to a user within a subsidiary company. The already established entitlements of the linked subsidiary user will then become the entitlements for the holding company user as it relates to the linked subsidiary company.