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Release Notes 2019-11-06

Redefinition of account and portfolio inception concepts​

We have redefined the definition of portfolio and account inception dates.

The inception of a portfolio is defined by the earliest of following dates:

  1. Earliest of account opening dates.
  2. Commitment date of the first quant ever booked in the portfolio.
  3. Start date of the earliest of the accrual schedules for the portfolio.
  4. Start date of the earliest of the share class fee schedules for the portfolio.

For now, we have left external valuations outside of this definition.

The inception of an account is defined by the earliest of following dates:

  1. Account opening date.
  2. Commitment date of the first quant ever booked in the account.
  3. Start date of the earliest of the accrual schedules for the account (including as registry, too).
  4. Start date of the earliest of the share class fee schedules for the account (as registries).

Purge stale persisted consolidations​

End of day revaluations take care of stale/obsolete valuations when needed. Such stale/obsolete valuations happen when there are valuations before the inception date of the portfolio or account. This prevents us from bogus performance calculations.

Ensure that end-of-day revaluations do not halt because of problems​

If there is a logical or programmatic error with a portfolio or account, the end-of-day valuations were abruptly broken. Now, we report such cases and continue with the rest of end-of-day revaluations.