In July we released our major Contacts update to production. We’re currently testing it with pilot customers, before migrating all customers to the new features during August. Read up on what you can look forward to with this release here, which includes a video series introducing the new features.
This month we fixed some bugs caused by the Contacts release, as well as a number of other bugfixes and improvements.
ATO reports
- If a holder is a Financial Institution and has a valid GIIN, we no longer include them in the FATCA/CRS report.
- Fixed a bug in the FATCA report where Australian trusts with US controlling persons caused a validation error due to the trust not having a TIN.
Holder details
- In the ‘Holdings’ tab of the holder details page, we now display the ‘Payment instructions’, ‘Contact details’ and ‘Communications’ modules for accrual-type security holdings.
- Fixed a bug in the ‘Convert investor’ screen where the investor type dropdown was not working.
All holdings table
- Fixed a bug where the values for the ‘Comms preference (Annual report)’ column were not displaying.
Payments
- Added the option to enter a customisable ABA reference prefix to the ABA file. This can be used to create a unique reference for each ABA file payment instruction in cases where a custodian bank overrides the ABA Payer name.
Application form
- Updated the application holding statement communication to investors, changing some copy from ‘transaction which took place on’ to ‘transaction for effective date of’.
- Fixed a bug where a Trust-type investor was encountering a blank screen on submitting the application.
- Fixed a bug where the application form went blank when resuming a draft application.