10 posts tagged with "Transfer Agency"

Reviewers can now assess Bank Account and Investment Account information directly within the Review & Approvals Task, alongside existing entity, related party, product, and document data. Bank Accounts display in their own list with New/Changed indicators and a field-level Details view; Investment Accounts display with drill-in access to Details, Document Requirements, Funds, Bank Accounts, and Related Parties.

Visibility of individual accounts is enforced by the reviewer's Entity and Search access layers, and existing Review & Approvals commenting, permissions, and approval decision behaviour apply consistently across both account types.

Administrators can now configure Ownership and Control requirements for Investment Account Related Parties. Required related parties are displayed to the user directly above the related party grid. Users are prevented from completing the Investment Account task until all required related parties have been added.

Two new Policy Engine sources are now available: Investment Account Fund and Investment Account Fund Share Class. Configurators can use these sources to trigger data and document requirements and conditional values directly on the investment account based on the linked fund and linked share class.

Users reviewing a journey can now see Investment Account and Bank Account changes directly on a new Accounts tab in the Proposed Changes task. The Accounts tab shows a field-level comparison between the verified baseline and the current journey draft for each account, covering Investment Account data, Bank Account data, related parties and linked bank accounts on Investment Accounts. Current journey data or previously verified data can be accepted individually or in bulk.

The Matching Tab in the Investment Account Document Requirements workflow now also surfaces acceptable-type documents held at the related investor entity level, not just those linked to the investment account itself. Users can link a matched investor entity document directly to the investment account requirement without creating a duplicate document record.

When it is imperative that a user create at least one investment account in the Investment Account task, a configuration toggle can now be enabled in Investment Account task properties to enforce investment account creation. If the user attempts to complete the Investment Account task and no investment accounts have been created against the entity, they will be presented with a validation error and cannot complete the task until at least one investment account has been created.

When it is imperative that a user capture at least one bank account in the bank account task, a configuration toggle can now be enabled in Bank Accounts task properties to enforce bank account creation. If the user attempts to complete the bank account task and no bank accounts have been captured against the entity, they will be presented with a validation error and cannot complete the task until at least one bank account has been captured.

When the Default Investment Account Name toggle is enabled, Investment Account names will now automatically regenerate each time the Investment Account task is saved or completed, ensuring names stay consistent with the latest Investor, Fund, and Fund Product data. A new Update Investment Account Names During Verification toggle is also available in the Verification Task configuration, allowing names to be refreshed across all draft Investment Accounts during the verification process.

When the Default Investment Account Name toggle is enabled, the Investment Account name is now automatically generated to include the linked Fund Product type, in addition to the Entity name and Fund name.

The updated naming formats are:

• No Fund linked: EntityName_Account
• Fund linked, no Product: EntityName_FundName_Account
• Fund and Product linked: EntityName_FundName_ProductType_Account

The name updates dynamically as Fund Product linkages are added or changed. If the generated name exceeds the configured character limit, it is truncated from the end. No new toggles or permissions are required - this behaviour is governed entirely by the existing Default Investment Account Name toggle. The tooltip text for this toggle has also been updated to reflect the new logic.

Funds with status Offboarded are now excluded from Fund search results when linking a Fund to an Investment Account and cannot be selected. If a user attempts to link an Offboarded Fund by submitting a Fund ID directly, the system rejects the request and displays the message: "The selected Fund cannot be linked as it is offboarded or pending offboarding."

Funds with status Pending Offboarding are still returned in search results and may be linked as normal.

Where an Investment Account is already linked to a Fund that subsequently becomes Offboarded, the existing link is preserved. A warning message is displayed above the Fund grid to notify the user that the linked Fund has been offboarded.