WealthCare measures the financial health and wellness of an organization’s customers by evaluating both financial behaviours and attitudes across four key dimensions. This approach provides financial institutions with the intelligence they need to engage customers in relevant conversations and help them manage their financial goals in a way that meets their financial wellness profile. WealthCare is built by integrating over 100 data variables across 10 data sources including financial holdings, spending patterns, social values and attitudes related to financial health in Canada.
WealthCare provides an overall indicator of financial wellness by age to help identify the challenges and opportunities customers are likely to experience and to highlight the differences in wellness scores by lifestage.
Below, you will find some additional resources linked for your reference: release notes, variables list and score range glossary.