FrontOffice ReleaseNotes
FrontOffice ReleaseNotes
Portfolio Management
Release WS 202104(R21AMR)
Release Notes
© 2021 Temenos Software Luxembourg SA
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The Temenos product suites use a number of third-party software products that are distributed under free or other open source licence
agreements. These products are the copyright of their respective owners and are governed by their own licensing terms as indicated in the
applicable licence, copying, read-me and/or help files for such products. Copies of the relevant licence agreements for these products can
be found in the WealthSuite Front Office - Portfolio Management - Open Source Software Licenses Reference Guide.
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Contents
1 Introduction..................................................................................................................................... 6
1.1 Product naming convention: Marketing versus technical version ..................................... 6
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5.2 Customer incidents in Front Office - PM Web OCS 27.0.0 ............................................. 17
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9.2.2 End of Life policy for third-party products ........................................................ 26
9.2.3 Extended Maintenance service........................................................................ 28
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1 Introduction
Thank you for installing or upgrading to the latest version of WealthSuite Front Office - Portfolio Management (PM). In this
document, you will information about important developments, improvements, fixed bugs, and known limitations, as well as a
list of modified product guides. You will also find additional technical information (e.g., migration path, prerequisites), end of life
information, and compatibility information.
Marketing version name and number Technical version name and number
WealthSuite Front Office - Portfolio Management Reporting WS 202104 LR/27.0.0
(e.g., reports)
All incidents will refer to the technical version of the corresponding component (e.g., TAP, TA, OCS, and LR) of the product
suite.
For information about terminology updates, refer to the WealthSuite Front Office - Portfolio Management - Documentation
Overview, WealthSuite Front Office - Portfolio Management Web - Documentation Overview, and WealthSuite Front Office -
Portfolio Management Reporting - Documentation Overview documents.
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2 Summary of enhancements
The main objective of this release is to deliver the enhancements described in this chapter.
[Link]
[Link] WS 202103
⚫ Capturing order life cycle events in microseconds
⚫ Modelling cash management
⚫ Managed Funds - Full redemption
⚫ Full redemption waiting for update
⚫ Cash plans
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2.1.3 Previous releases in 2020
[Link] WS 202012
⚫ Switch order cross-portfolio
⚫ Modelling trading constraints
⚫ Portfolio hierarchy order grouping
⚫ Financial goal based investment plan - Cash balance & investment planning
⚫ Upfront payment
⚫ IRS/CIRS & Principal increase
⚫ Order settlement currency flexibility (UI Web Channel Packaging)
⚫ Sleeve portfolio & tax lots
[Link] WS 202011
⚫ Order sequencing management - Status settings based on dynamic criteria
⚫ Portfolio transfer & Pre-trade compliance check on both portfolios
[Link] WS 202010
⚫ Smart Rounding
⚫ Standing Instructions - Investments and Withdrawals
⚫ Time Cash flows (begin/end of day) by transaction type
[Link] WS 202009
⚫ Constraints - Hierarchy application
⚫ Strategy - Asymmetric margins
⚫ UMA/SMA: Overlay management
⚫ Performance - Flow timing
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⚫ Trade allocation rules
[Link] WS 202008
⚫ Trading Constraints
⚫ Overlay – Intra Rebalancing (The current solution delivered includes discrepancies with the requirement scope; some
changes will be done to correct it. The solution can generate increasing deviation rather than reducing it; it is preferable
to realign sub-portfolio independently)
[Link] WS 202007
⚫ Internal transfer & commissions
⚫ Model switching
⚫ Overlay management - Intra-rebalancing
⚫ Constraint on model TAM IP
[Link] WS 202006
⚫ Portfolio transfer & fees
⚫ Rebalancing - Cash management - Extra cash availability and quasi-cash management
⚫ Overlay management - Inter-rebalancing
⚫ Overlay management - Structure hierarchy
⚫ Asset allocation modelling
⚫ Household management
[Link] WS 202005
⚫ Overlay management & intra-model rebalancing
⚫ Daily/non-daily priced funds
⚫ Sleeve management and Wealth E2E solution
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[Link] WS 202003
⚫ Model Constraints
⚫ Order Netting
[Link] WS 202012
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It offers also a new function to execute automatically and on conditions the change of the status of the order during its life cycle.
This function supports execution on-event or on pre-defined frequency.
The settings of the business rules is with Wealth Front Office rule engine script.
A new order status is delivered as part of the standard packaging: On-Hold.
A new standard packaging delivers an application of this new feature. It provides a new way to manage the optimization of the
cash management during the rebalancing trough the sequencing of buy and sell orders.
At their creation during the rebalancing, the buy order inherits of the status On-hold depending to conditions relative to the cash
balance. The purpose is to generate and to publish the buy orders, but in the same time to avoid any risk of negative cash
balance by pushing the buy order in a queue and to release them only if the cash balance reaches a threshold.
For the buy order with status on-hold, a regular check is done to verify if there is enough cash to release them, and to send it for
execution.
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⚫ Easy Customization Packaging using parent reference for formats and screens. This provides the ability to design the
package by applying deltas instead of duplication.
⚫ MESI Migration
⚫ Generic Data Move Infrastructure for Multi-Entity
⚫ Generic Data migration for Multi-Entity
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3 List of certified configurations
Information about supported configurations can be found in the Product Compatibility document. Certified configurations are a
subset of those found in the matrix and are configurations that have been validated by Temenos.
In this chapter, information about the levels of certification is provided.
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4 Developments and corrections in Front Office - PM Core
Information about developments and corrections in Front Office - PM Core is provided in this chapter.
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Customer Incidents in Front Office - PM Core 27.0.0
Key Client Ref Components Summary Release Notes Known Limitations
PMSTA-36580 PACS00761403 Fusion and Fee amounts computed and displayed with Fixed
Operations layer up to 6 decimals even when the currency is
defined only with 2 decimals
PMSTA-43834 PACS00887441 Import-Export- aaa export on strategy generates too many FrontOffice_Gateway_ReferenceGuide.docx
Online CMD and ATT lines Document updated.
PMSTA-43995 PACS00924421 Fusion and Fusion adjustment operation with fees and Fixed
Operations layer PL scale error
PMSTA-44057 PACS00790409 FinFct - Valo- Interest is accrued even when the rate is 0 Fixed
Journal-Event Gen
PMSTA-44253 PACS00931562 Technical Impossible to make anything while fin servers Missing symbolic links have been added, and
running in https mode on AIX LD_LIBRARY_PATH added to be in sync with
LIBPATH
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Customer Incidents in Front Office - PM Core 27.0.0
Key Client Ref Components Summary Release Notes Known Limitations
PMSTA-44464 PACS00933707, Database Modify Currency function on instrument Fixed
PACS00903679 →GUI freezes
PMSTA-44507 PACS00866921 Fusion and Some orders are not logged in table Fixed
Operations layer "event_scheduler" during file import, so no
fusion request is triggered
PMSTA-44569 PACS00935360 FinFct - Order Mandatory check for portfolio_id in ESE. Fixed
Management
PMSTA-44678 PACS00931565 Database WUI is hanging when modifying the existing Fixed
proposal
PMSTA-44846 PACS00822492 GUI GUI crash when closing the window on case Fixed
management view
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5 Developments and corrections in Front Office - PM Web
Information about developments and corrections in Front Office - PM Web is provided in this chapter.
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6 Developments and corrections in Front Office - PM Reporting
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7 Known limitations
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8 Product guides
For a complete list of the product guides delivered for this release, refer to the WealthSuite Channels - Documentation
Overview delivered with the software packaging.
This chapter describes the changes, if any, to the documentation set in this release.
FrontOffice_OperationsPostionsFusion_ReferenceGuide
Document has been updated to reflect Release WS 202101 functionality. Refer to the Document
Revision History in the guide for details about the updates.
FrontOffice_SystemManagement_Guide_Oracle
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Document file name Comments
FrontOffice_SystemParameters_ReferenceGuide Document has been updated to reflect Release WS 202101 functionality.
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Updated Documents
Document category and file name Comments
Reference Guides
FrontOfficeWeb_Packaging_ReferenceGuide
Document has been updated to reflect Release WS 202101 functionality. Refer to the Document
Revision History in the guide for details about the updates.
FrontOfficeWeb_PMS_Process_ReferenceGuide
User Guides
Document has been updated to reflect Release WS 202101 functionality. Refer to the Document
FrontOfficeWeb_UserGuide
Revision History in the guide for details about the updates.
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Updated Documents
Document category and file name Comments
Installation Guides
Document has been updated to reflect Release WS 202101 functionalities. Refer to the Document
FrontOfficeReporting_InstallationGuide
Revision History in the guide for details about the updates.
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9 Technical information
Technical information about this release such as migration path and product lifecycle is provided in this chapter.
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Front Office - PM Release Year End of Life Status
Front Office - PM Web
Front Office - PM Reporting
R18.11 (TAP 24.0) 2018 Supported
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Front Office - PM Release Year End of Life Status
Front Office - PM Web
Front Office - PM Reporting
TA 4.30.0 to 4.30.2 2006 No longer supported
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Integration Engine Release Year End of Life Status
IBM Integration TX 9.0 2016 Supported
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Risk Engine Release Year End of Life Status
EdgeLab 1.1 - Supported
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