We’re pleased to share the latest updates and enhancements included in our first release of 2026. Here’s a quick summary of what’s new:

ASISA REPORTS: UPDATED INSTRUMENT TYPE FOR MONEY MARKET UNIT TRUSTS

The ASISA reporting files have been enhanced to correctly reflect Money Market Unit Trust classifications.
When a Unit Trust has a Unit Trust Type = Money Market Fund, the following updates will apply:

The Instrument Type column will now display “MMUT”

The Instrument Type Description column will now show “Money Market Unit Trust”

These changes have been applied to the following reports:

• ASISA INST
• ASISA VAL

DAY PROCESS PERFORMANCE IMPROVEMENTS

Auto Settlements Block – Faster Processing

We’ve improved the performance of certain Auto Settlements blocks within the Day Process.
By optimising internal data source parameter checks, runtime has been reduced by approximately 15–20%, depending on the configuration.

Mark to Market Block – Enhanced Efficiency

The Mark to Market block now runs more efficiently when multiple instruments are priced for the same period across one or more portfolios.
This enhancement results in significantly faster processing times for affected setups.

UPDATED DURATION & MODIFIED DURATION CALCULATIONS FOR BONDS AND VARIABLE COUPON BONDS

The calculation logic for Duration and Modified Duration has been enhanced to ensure greater accuracy across specific bond types.

Variable Coupon Bonds (VCBonds) using the All Cash Flows to Maturity Present Value (PVALL) calculation method now apply improved duration methodologies.

Fixed rate Bonds linked to a Yield Curve and using the Yield to Maturity (YTM) Straight Line method now incorporate refined duration and modified duration calculations.

FPM CLIENT – ENHANCED SINGLE SIGN-ON (SSO) USING USER PRINCIPAL NAME (UPN)

The FPM Client’s Single Sign-On capability has been enhanced to support authentication using the user’s local User Principal Name (UPN).

When a user logs into the FPM Client with their local credentials, the client will now:

First attempt to authenticate using the UserPrincipalName from the current Windows session.

If this attempt fails, the client will automatically fall back to the traditional NT domain login.

This update allows SSO to use the user’s UPN where available, rather than relying solely on classic domain\username authentication.

FILE DIALOG UPDATE: RESTORED ACCESS TO LOCAL DRIVES FOR ON-PREMISE RDP USERS

We have updated the file selection dialog in FPM to ensure consistent and expected behaviour for clients who use terminal servers or connect via Remote Desktop (RDP).
This enhancement ensures that on-premise clients using RDP can once again access their local files when using file selection dialogs in FPM.

PORTFOLIO HOLDINGS (PH HOLD) REPORT: INSTRUMENT ISIN CODE NOW AVAILABLE AS OPTIONAL COLUMN

The Instrument ISIN Code has been added as a new optional column on the Portfolio Holdings (PH HOLD) report.
Users can now select this column when configuring the report, allowing you to display ISIN details where required.

SHADOW NAV COPY REPLICATED VALUATIONS – NEW “USE FROM PRICE SET” OPTION

We have improved the Copy Replicated Valuations process to give users more control over how valuation data is copied between price sets.

A new checkbox labelled “Use From Price Set” now lets the user explicitly choose how the holdings should be copied.

How it works:

If “Use From Price Set” is ticked**

The system ignores any available Shadow NAV Reconciliation and copies values directly from the From Price Set.

If “Use From Price Set” is not ticked**

The system will use the Shadow NAV Reconciliation results if a reconciliation exists for the valuation date being copied from.
If no reconciliation exists, it will fall back to using the From Price Set.

NEW TRADING PLATFORM FRAMEWORK

A new Trading Platform Framework has been introduced to provide a centralised and scalable way to integrate FPM with external fund trading and distribution platforms. The framework standardises how trading platforms are configured, integrated, and managed across FPM.
This enhancement simplifies onboarding, improves visibility of trading platform mappings, reduces static data duplication, and provides a single interface for managing order instructions and transaction requests. Clients can now generate and manage fund trading orders directly within FPM.

Three new modules have been added:

• Trading Platforms
• Trading Platforms - Calastone
• Trading Platforms - Finswitch

These modules must be activated to use the Trading Platforms functionality. Clients currently using the prior integration setup will be automatically switched over to the new framework.

Please follow the below link for more information on Trading Platforms:

https://docs.fundamental.net/#/doc/93/trading_platforms

For a comprehensive list of changes included in this release (2026.1.1), please refer to the release notes website.