We’re excited to introduce the latest enhancements and features in our June release. Below is a quick overview of what’s new:

USABILITY & INTERFACE IMPROVEMENTS

Portfolio Name Display on Tab Titles:

A new user profile setting has been introduced to enhance usability when working with multiple portfolio enquiry tabs. Users can now choose to include the portfolio name in the tab title, making it easier to keep track of open tabs.

Configuration:

• Navigate to System > User Interface > User Profile
• Enable the option “Display portfolio name with code on portfolio enquiry tabs”

Once enabled, the portfolio name will automatically appear in the title of any portfolio enquiry tab.

Deleted Transactions Tab Restored:

The Deleted Transactions tab is back in the default Portfolio Enquiries layout, giving you direct access to deleted transaction records.

Access to All Local Drives in Hosted Environments:

Users can now view and access all local drives on their FPM workstation when working in a hosted environment. All available drives under \tsclient are now displayed as usable options in the file dialog.

PERFORMANCE & REPORTING ENHANCEMENTS

Performance Historical Returns:

We’ve enhanced the Performance Historical Returns report (PF-HR-DS) and enquiry to improve flexibility and usability when working with benchmark data. Benchmark performance will now be returned even if the 'Include Benchmark Performance' parameter isn’t selected—provided a benchmark override is specified.

Updated Benchmark Data Logic:

• 'Include Benchmark' not selected + no override → No benchmark data returned
• 'Include Benchmark' not selected + override specified → Override benchmark data returned
• 'Include Benchmark' selected + no override → Default benchmark data returned
• 'Include Benchmark' selected + override specified → Override benchmark data returned

This enhancement is supported by a new parameter added to the stored procedures:

• usp_Performance_HistoricalReturns
• usp_Performance_BenchmarkReturns_I

These updates allow users to specify any Composite Instrument as a benchmark, effectively overriding the portfolio’s default benchmark when needed. The Performance Historical Returns enquiry has also been updated to include this new functionality.

PERFORMANCE IMPROVEMENTS FOR MODELLING

We’ve made a few practical updates to improve performance to enhance performance when handling large-scale, simultaneous modelling tasks.

• Include Trace Calculations Toggle: A new option called “Include Trace Calculations” lets you choose whether to include trace data in your modelling runs. Turning it off helps reduce the amount of data being transferred and can speed things up when trace details aren’t needed.
• Faster Processing: Certain parts of the modelling process now run in parallel, which means quicker results—especially useful when working with large datasets.
• Progress Feedback: The loading screen now shows progress updates at key points during the calculation, so you’ll have a better sense of what’s happening and how far along things are.

These changes are designed to make modelling more efficient and responsive, especially when handling high volumes of data.

INSTRUMENT ENHANCEMENTS

Minimum and Maximum Coupon Rate functionality:

The Minimum and Maximum Coupon Rate functionality now applies to all Resettable Yield Traded Instruments, including those referencing term rates, and is no longer limited to instruments using Overnight Compounding Rates (OCRs).

For instruments not based on OCRs, these thresholds are now applied to Yield Adjustments. To handle this, two new fields have been introduced:

• Capped New Yield
• Capped Old Yield

Pricing models have been updated to use these capped values where applicable.

SHADOW NAV ENHANCEMENTS

We’ve made several improvements to the Shadow NAV module to support smoother workflows, better reconciliation accuracy, and more control over valuation processes.

These updates include:

• New options for managing and automating reconciliation processes
• Improved handling of valuation data and pricing logic
• Enhanced UI features for better visibility and decision-making

These changes are designed to make it easier for users to manage Shadow NAV processes with confidence and clarity. A detailed user guide is available with this release, outlining the new features and how to use them effectively.

Note: The detailed Shadow NAV user document will be uploaded to the Documents Website shortly. Please refer to it for a full overview of the enhancements and guidance on using the updated features.

For a comprehensive list of changes included in this release (2025.2.3), please refer to the release notes website.