Standard Solution 1.42 - Release notes

Version 1.42 provides the possibility to integrate FA with Bloomberg Asset and Investment Manager (AIM). Bloomberg AIM integration is mainly used when trades are initiated outside of FA/in Bloomberg AIM, and there is a need to read in the finalized transactions into FA and export cash information in an automated way. 

You can integrate Bloomberg AIM with FA by three different ways:

When importing the transactions and if the security of the transaction is not found in the system, it will be created automatically by the integration. For equities, bonds and futures, a temporary passive security is created. The details of those temporary securities should be adjusted to match reality, either manually or via the Bloomberg security data integration (see Get extended security data). For term deposits and interest rate swaps, the complete security is created, and FX transactions are imported as contracts.

Learn more: Bloomberg AIM integration in FA User Guide.

In general, the tax status of an ASK account is calculated only when the account is reported to authorities. In some cases, if the tax status information is needed on a daily basis or if there were changes in the historical transactions, the status is calculated more frequently. 

Version 1.42 provides a way for the user to calculate the ASK tax status on request or based on a schedule. The Recalculate ASK tax status tool allows the user to calculate the tax status and stores the information in the Portfolio window, Tax reporting (NO) - ASK tab.

Learn more: Calculate ASK tax status in FA User Guide.

Norwegian fund companies need to report some statistics on a regular basis to Norwegian Fund and Asset Management Association/Verdipapirfondenes Forening (VFF).  The report includes information about subscriptions, redemptions, reinvested dividend, and more, in fund securities distributed by the reporter.

Version 1.42 provides a standard report available as an optional package to generate the required file to Verdipapirfondenes Forening (VFF).

Learn more: Norwegian VFF fund report in FA User Guide.

The Update security price from linked portfolio process which is used to enter market data to certain securities has been improved for easier usage. The idea is that the price of a security is determined by either the market value, indexed value or benchmark indexed value of a portfolio. 

Version 1.42 introduces a new security profile used for defining the parameters for the calculation along with an optional security key figure to be used to add a fixed annual return (%).

Learn more: Pricing based on linked portfolio in FA User Guide.

You can use monthly withdrawals to create withdrawal trade orders into portfolios based on a schedule defined in the portfolio details. You can then liquidate assets in the portfolios, execute the trade order and generate payment material to make the transfer in the bank. 

With version 1.42 comes support to define a minimum withdrawal amount that applies to all portfolios. You can use this to set the minimum for example according to rules for pension accounts, such as EPK in Norway.

Learn more: Monthly withdrawals in FA User Guide.

Portfolio Management

Tax Reporting

Market Data Connector