Which relationship types does Enterprise Onboarding standardize workflows for?

The correct choice highlights that Enterprise Onboarding standardizes workflows specifically for Individuals and Households. This focus allows financial institutions to streamline their onboarding processes, ensuring that both individual clients and household accounts are managed efficiently and accurately. The inclusion of households as a category acknowledges that many customers may engage with the bank as part of a family unit, requiring tailored workflows that cater to joint applications or accounts.

Standardizing the onboarding process for these relationship types facilitates better management of client data, improves the customer experience, and enhances compliance with regulatory requirements. By targeting Individuals and Households, the workflow ensures that both personal and family-oriented banking needs are met concurrently, making the onboarding experience more cohesive.

Onboarding processes for other relationship types, such as businesses or product-specific workflows, would focus on different needs and complexities, which are not the primary focus of Enterprise Onboarding as indicated in this context.