21 Jan Release 21 January 2025 – View net off instrument instructions

View net off instrument instructions

In this release the ability to know and view which instrument instructions has been netted off has been added. For more information see link.

• Changes made to optimise the Valuation report and also to run the report in the background (Investors -> Contracts -> More Actions -> Valuation report)
• Improved search functionality where system needs to access a lot of data to derive at the search result
• Improved screen message where a fund merger is done and transactions have taken place on the instruments after the fund merger date
• Added instruction purpose type option to statement defaults and Active instructions Card. See link
• Added ‘default distribution option’ to product. See link
• Added ‘Debit order ISO file mandate ID’ field to Contract Details card->View Details to be used in the ISO20022 debit order collection file
• Display Received via (Finswitch/Calastone/Captured manually) on investor instructions. See link
• Added ‘Date created’ to institutional Get instrument instruction details API. Refer to the API Change Log -> Institutional API or  API Page
• Added the instruction status on a withdrawal ‘Pending Authorisation’ to the Accounts Application Program Interface (API). Refer to the API Change Log -> Accounts API or  API Page
• Changes to the Model Manager Application Program Interface (API). Refer to the API Change Log -> Model Manager API or  API Page
• Added statement section ‘Instrument cash flow summary’ to the Accounts Application Program Interface (API). Refer to the API Change Log -> Accounts API or  API Page
• Added a date range and additional columns to Entities->Change request
• Added instruction id column to Transaction file in Export Transaction Data Job
• Ensured instruction id is completed on an Internal unit transfer instruction in the transactions file in Export Transaction Data Job
• Added the Platform Provider to the Adviser Roles Card, Clients -> View Details, Fees -> Fee Report and Cash flows -> View Details. See link
• Added functionality to archive contracts. See link
• Refined archive inactive employers. See link
• Rename ‘Product sponsor’ to ‘Product viewer’ on a product
• Added ‘View details’ to the Combined Instruments card on an adviser
• Ensure that emails on job run failures are send to the ‘Job status email recipient’ on the job and in cases where there are no ‘Job status email recipient’ on the job, to the Admin email address under System->Configuration
• Removed ability to draw combined statements for contracts that are marked as administrator contracts. See link
• Changed the view on contracts classified as administrator and advisers. See link
• Added ‘compliance status’ to System->Change request. If change request is ticked for compliance status, a change request event will not be created if user has ‘Do not create change request for compliant status’ global permission
• Expand entity merge functionality (only available to users with Merge permission). See link
• Changed bulk-rebalance switches on Model client accounts to create the rebalance switch as new until all in-progress instructions completed at which point the Model rebalance status changes to submitted. See link
• Ensure job does not start immediately on adding or activating a job
• Added functionality to warn when a duplicate instruction is created on an investor contract. See link
• Made BND nominee report extension txt and added SUB to the end of the file
• Added column ‘Withholding Tax’ to balance file and take withholding tax into consideration when calculating columns ‘Investment value’ and ‘Market Value in Preferred Currency’ on contract file in Export Transaction Data Job
• Changed the display of accrued interest to be per money market. See A in link
• In the scenario of a Once Off Investment where an investment is created with no buys and only fees making up 100% of the investment amount; when the instruction is authorized the instruction status will be set to Completed and not remain on the Active Instructions Card.
• Ensured that a sell/buy dealer instruction on a portfolio instrument linked to an instrument (for instance a money market fund) works consistent and do not display matching of a bank entry on the dealer instruction of the linked instrument. See link
• Changed cash flows on money market distribution when money market is linked to a portfolio instrument. See link
• Added section ‘Instrument cash flow summary’ to statement defaults (Growth = closing balance – opening balance – (Investments & Transfer in + Withdrawal & Transfer Out)
• Made change to allow debit order reversal where the debit order buys only into cash and a reversal will lead to negative cash on the cash instrument in the default account. See NOTE: C. in link
• Added an Export Contract Holdings Job to run via the Automated Jobs Scheduler to put the file on a sftp site. See link
• Generate Finswitch confirmation file. See link
• Added ‘Start date of fee accrual (new contracts)’ to system->Configuration. See link
• Refer to the changes to the Export Transaction Data Job (S3). See link
• On the Entities and Accounts API; Added a change to handle an entity that already exists, but not visible to the API User better. This is on createPerson (Entities API), createPersonAndAccount (Accounts API) or createCompany (Entities API), createCompanyAndAccount (Accounts API), Example of Error: “A company matching the registrationNumber already exists” or “A person matching the idNumber already exists”.

Bug Fixes

• 188567420 – Ensure customer can be created via API
• 188338890 – Improve error handling on fee share screen
• 188561828 – Improve error handling on daily job failure
• 188620660 – Fix allocating distributions from different supplier instrument accounts
• 188653415 – Do not save new bank account without account number (Bank Account Number Not Set)
• 188671579 – Finswitch price-upload – prices not created after tolerance warning on cents
• 188598530 – Descending order of 3rd Party Banks
• 188648321 – Ensure first system fee date and accrued fees date align where applicable
• 188603418 – Prevent error when trying to withdraw on a fund without holdings
• 188631220 – Ensure unmatched amounts on negative bank entries are displayed
• 188692891 – Ensured email statement job sends statement email to contract owner if send correspondence to client and adviser is selected on the contract and the adviser does not have an email address setup
• 188682125 – Ensured Client Account Summary balance is inline with statement end date
• 188681701 – Display screen error on cash instrument when selecting ‘Automatically match’ when no entries are available to match
• 188756365 – Ensure interest on money markets and withholding tax display correct on holdings card and statement where applicable
• 188659105 – Ensure fees does not accrue when buying cash or before allocating a non cash instrument buy on default fee start date
• 188715646 – Ensure correct model name reflects on instrument report when contracts have multiple models
• 188777821 – On the Accounts API; Added validation on for a withdrawals where a string has been sent through instead of a number for a percentages sell. Example of Error: “Malformed request. GLOBAL value is not a number \”100.0\””.

Software update can include but is not limited to:

• Bug fixes.
• New and/or enhanced features.
• Further improvement to performance

Last Updated on 3 months ago by otto