We’re pleased to present the latest enhancements and features in our final monthly release for 2024. Below are the key highlights for your attention.

Compliance

The Compliance Active Breaches enquiry and report (CO-ACTIVE-BREACHES) have been updated. Previously, this feature used a single evaluation date; it now includes a date range, enabling clients to review breach statuses over a defined period. This improvement helps provide a more comprehensive view of compliance breaches within your specified date range.

Please note that the underlying data source, [usp_Compliance_ActiveBreaches], has been modified. As a result, any custom reports using this data source will need to be updated.

Hybrid Replication

Hybrid Replication now allows users to use the ASISA Holdings file, provided by the third-party administrator, to populate the Portfolio Replication valuation. This update eliminates the extra step of transferring data from the ASISA Holdings import file to the Portfolio Replication Valuation import file.

To accommodate this change a new menu item, Integration|ASISA|ASISA Replication Valuation Holdings, has been added. Additionally, a new import structure, ASISA_REPLICATION_VALUATION, has been introduced to enable automatic polling of the file.

Scrip Reconciliation

The Scrip Recon has been updated to support the import of the new BANCS format, while the existing format remains available. The new BANCS file can be imported using the Scrip Recon Add File - Import Safe Custodian Scrip option or through automated File Imports. The new format cannot be imported via the Excel file import, which is still compatible with the existing format.

Additionally, a new control has been added to allow users to select which price set the scrip reconciliation should be based on, instead of only using the default. The control will be visible when the Portfolio Replication module is active. This control enables the scrip recon to be performed against various holding outputs, such as imported values and trades for the day, or just imported values. If the control is left blank, the default price set will be used.

Import

The Safe Custodian Brokers Import now allows for importing and updating only specified fields. Only the fields you include in the import will be modified. This is particularly useful when you need to update a single value for the Safe Custodian Broker across multiple portfolios.

Import Template

An import for the shared reset index is now available under the Instrument Static section of the import templates, labelled Instrument Reset Index Import (ResetIndexes).

FTP

Users now have the ability to store a private key file in an FTP Profile for SFTP connections, enabling secure authentication using key files. The use of key pairs offers a secure and reliable authentication method.

Repurchase Agreement

Users can now choose whether the repurchase agreement’s contract and maturity considerations are calculated using price, yield, or spread. Validation ensures that the appropriate calculation methods are only available for the correct underlying instruments. Data entry points have been updated to allow users to capture the Maturity and Contract Considerations, and the import has been updated to include the relevant fields.

For a comprehensive list of changes included in this release (2024.4.2), please refer to the release notes website.