01 Sep Release August 2025 – Chart and pdf document upgrade

Posted at 20:38h in Recent Updates by

Chart and pdf document upgrade

We have upgraded the technology used to generate charts and PDF documents within Finworks. You may notice subtle visual changes in the display of these items, such as charts appearing more rounded. This enhancement impacts all charts and PDF documents created through Finworks. (51617, 52869)

Please review your existing charts and PDF documents and inform us if any adjustments are needed.

 

More changes include:

General (Includes Reports, Processes, Message Changes & Validation improvements)

  • The ability to automatically update an investor’s recurring withdrawal based on the information on the latest Review (53389). See link. As part of this go-live, all pending Reviews where letters have not been sent yet will be updated to fall within the annual income thresholds to enable the correct updates to the recurring withdrawal instructions.
  • Review Enhancements; including enforcing minimum and maximum annual income percentage limits and dynamically adjusting income based on updated Market Value to use for Review (53366). See link.
  • Functionality added to enable the exchange of a shortfall in units for cash when confirming dealer instructions(53291). See link
  • Enhanced payment file, OBE_Payments_CSV, to update all required fields(51799)
  • Funds on online application screen (Adviser or member) after capturing member application will reflect if percentage allocation is greater than zero(53393)
  • Fee Deduction and Payment File reports for specific product processing. (53359).
  • Ability to download all Unprocessed Fees in one report. See link. (53183)
  • The ability to stop an internal switch on the front-end(53394). See explanation in step 5 in this article.
  • Added validation that more than one owner (Custodian) cannot have the same account number at the same dealer (System->Supplier Accounts) (53318)
  • The ability to clear a negative balance on an investor’s cash instrument account. See link. (53342)
  • Improve fee split import functionality to also update contracts linked to an employer and where the default fee portfolio as set on the product differs from the fee portfolio as set in the import file. See link (53456)
  • Add validations for BND mandatory fields on BND Nominee Report and BND Participant Report (53015)
  • Create investments automatically when importing a matching deposit. See Link  (53440)
  • Brokerage Transaction flow report moved to Brokerage Card to improve performance.  See link (53495)
  • Instructions in status ‘Pending Authorization’ can be authorised in bulk from the ‘Pending Authorization’ screen. See link. (53517)
  • Enhanced the Compliance and Risk report to be split between Legal Entities and Individuals with additional data to enable watch-list screening.(53348). See link.
  • Interest and Dividend Certificates will now show absolute values, and within one column where there are multiple split categories’ absolute values will be added together (53469). See link.
  • We’ve added the ability to use a High Water Mark on Performance fees; to only accrue performance fees when the highest known price since the start date is surpassed (53136). See link.
  • Functionality to delete Public Holidays has been added.  See link. (53510)
  • The ability to mark Users as Internal or External Users.  See link (53436)
  • Initial Adviser Fees have been overridden to VAT exclusive at a system configuration level, the relevant checkbox to include/exclude VAT on an Adviser Fee override screen has been disabled in (requested instances only)(53554)
  • Changes to columns on bulk member application sheet sent to Adviser, Employer or Helper when selecting ’email complete online application process’ from Employer card (53553)
  • Risk assessment wizard enhancements : Risk assessment wizard questions made configurable, Improve risk score section of risk assessment, New fields added to risk assessment (53521). See Link.
  • The ability to payout advisor fees on a brokerage, per instrument currency if the brokerage has an active bank account in each currency (53516). See link.
  • Unit Recon Report will no longer run and update automatically when entering the screen, the user can specify a date range (53438)
  • Instrument Holdings Changes Report amended to exclude Cash Instruments (5780). See link.
  • 2FA Verification Code retry count limit added, if verification code is entered incorrectly three times the user account is deactivated. (53353)
  • Change in “Investor Details Communication” no change request emails are triggered with the creation of a new investment if all contracts for a client is new business. (53347)
  • Ability added for Finworks Support Users to remove Financial Advisors that are linked to an incorrect Brokerage or duplicated in error, see link (53458)

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Integration (Includes Finswitch, Amazon S3, Azure blob, API, Calestone, Exports)

Refer to your online GitLab Project for a full list of changes and enhancements for the release, and refer to our GitLab help file if required here. 

Bug Fixes

  • Error resolved when going to Reports -> Member Refunds (53397)
  • Error when accessing a Portfolio Instrument resolved (53412)
  • Distribution corrected where an investor did a full withdrawal then an additional buy (53430)
  • Archiving contracts where Archive status is not set up on Account Status will display an error (53403)
  • Error on Instructions API resolved (53486)
  • Ensure changing a company to a person removes the contact person role from the contact person that was set on the company before the change (53501)
  • Error resolved when selecting Number of premiums has been left blank (53498)
  • Validation added when multiple users are on one instruction (53490)
  • Error resolved when selecting Insurance Instrument (53514 & 53511)
  • When navigating in and out of a review, the list of review items’ sequence changed(53366)
  • Finswitch file for Instrument Instructions will now display error message when trying to create files with different transaction dates (53426)
  • Setting up a future dated Job Run where the Job runs immediately has been fixed (53425)
  • Error resolved when accessing test sites after clearing cookies (53578)
  • Regulation 28 limit warnings not displayed on 100% withdrawal instructions, displayed correctly on cash transfer in instructions, and expected asset allocations displayed as primary and secondary on unit transfer out instruction screens (53512)
  • All references to the relevant white label model portfolio is deleted when a white label is deleted, and ‘add’ button has been removed from white label screen (53258)
  • Formatting error on statements when generating pdf corrected (53659)/li]
  • Export Contract error on Risk Score resolved (53647)/li]
  • Assertion error on Export Contract Holdings resolved (53687)/li]

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