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Introduction

This section describes the investor registration flow in the context of External Distribution — when investors are acquired by an external distributor and invest in QI Tech products through it — using the external distribution integration (distributor-api).

Although the registration skeleton is similar to that of a standard investor (registration data, bank accounts, suitability, signer groups, related parties and investor owner when applicable), the link with the responsible distributor is what sets this flow apart from the others.

In addition, there are two different ways to create externally distributed investors: one with identification of the investor and another PCO (on behalf of and to the order of). For PCO investors, only the investor creation POST is needed and the investor is then able to invest across the whole system.

Investor Owner

The investor registration system works with the investor-owner concept, which is simply an investor that "owns" another investor. The use cases for this are investors registered as managed portfolios and investment funds. Therefore, for investment funds and managed portfolio investors, the managers/administrator must be properly identified and up to date within the system.

Registration Flow — Identified Investor​

1. Create Investorinitial creation of the investor and opening of the first registration analysis
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2. Send Registration Datadata specific to the natural person or legal entity
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3. Send Addressaddress information
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4. Send Net Worthnet worth and classification information
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5. Send Bank Accountsaccounts for transactions
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6. Send Suitabilityprofile suitability questionnaire
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7. Select Fund(s)optional — adheres to issuance series while still in registration
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8. Send Signer Groupsdefinition of who must sign the documents
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9. Send Investor Documentsupload of required documents
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10. Create Related Partiespartners, directors, ultimate beneficial owners
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11. Send Related Party Documentsdocuments of each related party
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12. Send for Analysissubmission of the registration analysis for validation
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13. Sign Documentssignature of the documents generated after approval — includes the fund adhesion terms, when there are any

Registration Flow — On Behalf of and to the Order of (PCO)​

1. Create Investorinitial creation of the investor — there is no additional registration pipeline for PCO

In the following subsections we will go through each of the steps required to complete the registration of an investor via External Distribution and trigger the registration analysis by QI Tech.