Confidence Ratings

Each piece of data returned on a wealth record displays a confidence rating. It appears in the grid of the select data source page. For example, if you are looking at Securities data on the Assets tab, the Confidence rating column appears on the far right side of the Securities section.

[check] icon = The information contained in the record is confirmed as correct.

[star] icon = WealthPoint used a piece of information in the recursive matching process to help identify a better match. For example, it locates a good Securities record match. It then uses the name of the company included in that record to make a better business ownership record match.

The rating indicates the relative strength of the match. For example, if confidence in the wealth information provided is very high, the rating number is “4”; if confidence in the wealth information provided is low, the rating number is “1”. The following table explains each default confidence rating.

Rating	Description
5	Confirmed record – Any record confirmed in the application receives a 5 rating. You designate a record “Confirmed” by selecting the record and clicking the Confirm button. When you confirm a wealth information record, the Confidence number changes to “5” and a green check mark appears to the left of the selected entry.
4	Very high confidence
3	High confidence
2	Moderate confidence
1	Low confidence
0	Rejected record – Any record rejected in the application receives a 0 rating. You reject a record when you know for certain that the data does not belong to your constituent. You designate a record “Rejected” by selecting the record and clicking the Reject button. When you reject a wealth information record, the Confidence number changes to “0” and a red icon appears to the left of the selected entry.

Edit a Confidence Rating

Although the application includes default confidence settings, your organization may find the need to customize the confidence settings to better meet your needs. When you edit confidence settings, you change the criteria used to determine the ratings number.

You can edit the confidence ratings for each source used on the Wealth and Ratings record.

From the Prospects page, under Configuration, click Edit confidence settings. The Edit confidence settings screen appears.
In the Select a source box, select the wealth information source for which you want to edit the confidence ratings.
In the Set confidence ratings box, the rating information for the selected source appears. Expand the plus signs next to the ratings number to view the criteria used to qualify for the rating.
Select the criteria entry and using the arrow buttons move the criteria to the new rating number. For example, in the default settings, “P06 - Name, Phone number, First/Middle Combination” is included in the “4” rating category. To move this up to the “5” category, select the P06 criteria and click the up arrow key. The criteria is now associated with the “5” rating category for the selected data source.
To establish a default rating for all manually entered wealth records, in the Set manually entered records to field, select the rating you want used. Once the rating is established, the application automatically applies this rating to all manually entered wealth records.
Click Save. You return to the Prospects page.