2013 Releases

23 December 2013

Historical Premium tracking, Portfolio Summary: new stats in charts and report, Further Performance Improvements to pricing code and other improvements and fixes…

New features and Improvements

• [CL-4196] – Historical Premium tracking
• [CL-4138] – Portfolio Summary: new stats in charts and report
• [CL-4185] – Further Performance Improvements to pricing code
• [CL-4197] – Closing Checklist: Comment field should always be shown (stop hidding it dynamically)
• [CL-4218] – Audit Log shows changes from null to empty string
• [CL-4195] – SmartSearch: add “Closing Analyst” and “Servicing Carrier”

Bug fixes

• [CL-4227] – LE Report Weightings issues in Valuation Settings (fix code)
• [CL-4140] – CSV exports contain weird characters (like &)
• [CL-4170] – PDF export of single policy valuation gives wrong data
• [CL-4174] – Excel uploader blindly adds the specified underwriter reports and weightings
• [CL-4178] – Show XML Import error messages to user when uploading case XML
• [CL-4193] – Missing Actuarial Table Name in Case Weightings errors when pricing Portfolio with Independent Aging
• [CL-4201] – PDF upload fails silently if page count fails
• [CL-4209] – Import of case as zip does not allow MP3

Release Notes are here: Release_Notes_201312_v2.pdf

06 November 2013

Portfolio Valuation deterministically, Edit Closing Process at any time, Auto Import of Documents via FTP, New Document Type: Uncategorized Document, New Report: State Reporting, speed improvements, SmartSearch for Carrier and Portfolio and other improvements and fixes…

New features and Improvements

• [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][CL-4028] – Insured Consolidation: include “Insured Reference” in matching algorithm
• [CL-4083] – Closing Process: Edit any step at any time straight from the start of the process
• [CL-4131] – Add an icon in Import Wizard to show Add a Case or Update an existing Case
• [CL-4135] – Portfolio Valuation: price deterministically
• [CL-4136] – Auto Import of Documents via FTP
• [CL-4136] – New Document Type: Uncategorized Document
• [CL-4137] – Portfolio Valuation: Custom IRR changes
• [CL-4144] – New Report: State Reporting
• [CL-4149] – Inspect Monte-Carlo code to improve time taken
• [CL-4162] – Inspect Import code to improve time taken
• [CL-4163] – Add Secondary/Tertiary field on Closing Transaction/SmartSearch/State Report
• [CL-4166] – Add SmartSearch for Carrier and Portfolio
• [CL-4167] – Add total number of matches to Case lists
• [CL-4168] – Add Joint Life Payout Type to import
• [CL-4175] – Create new liability type to deal with AUM fee

Bug fixes

• [CL-4153] – Delete, backspace and arrows don’t always seem to work in Date Picker
• [CL-4171] – “Use Fasano Tables If Available” option causes model to use Fasano tables on other reports
• [CL-4172] – Forward prices are causing Policy Sale IRR to be ignored
• [CL-4173] – Parallel code in Portfolio Pricer is using too many resources on server
• [CL-4176] – Risk Scenario is not reflected in forward NPVs or Liquidation Price

Release Notes are here: Release_Notes_201311_v2.pdf[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

03 September 2013

LE Report Selection and Blending, Improved Excel Portfolio Uploader, Tertiary LE Report Orders, new SmartSearches, new reports and other improvements and fixes…

New features and Improvements

• [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][CL-4117] – LE Report Selection and Blending
• [CL-4082] – Improve Excel Portfolio Uploader (Amend existing cases and add new fields)
• [CL-4033] – Add “Tertiary” to 21st LE Report Orders
• [CL-4064] – Add Price Allocation fields to SmartSearch
• [CL-4065] – Add SmartSearch for Completed Event (at any time), not just Last Event
• [CL-4076] – New report: Funding Report (Price Allocation + Closing Event)
• [CL-4072] – Portfolios: Premium Schedule reports must work with Manual schedules.
• [CL-4081] – Allow mp3/wav file types for VOC
• [CL-4077] – Add fields to VOC (collateral assignment, no lapse guarantee, maturity rider)
• [CL-4080] – New report: Latest VOC
• [CL-4078] – Fix Portfolio’s Servicing Tasks page and add shortcut Buttons to add items
• [CL-4079] – Add new CRM Role “Securities Intermediary”
• [CL-4112] – Adjust which Premium Schedule gets deleted when Policy details change
• [CL-4120] – Changes to Waivers in Document Verification
• [CL-4115] – Add a CRM entry to the Insured page for the Insured’s contact details

Bug fixes

• [CL-4098] – Updates to Fasano Calculation Methodology
• [CL-4099] – Default Valuation Settings are not being shown for second insured
• [CL-4100] – Calculation of q(x) is not always passing in the correct MF
• [CL-4113] – Large portfolio Excel uploader causes SQL timeouts and log outs
• [CL-4123] – Portfolio chart “Face Amount by AM Best Rating” not showing
• [CL-4124] – Valuation Settings can be saved without an actuarial table when MF is selected
• [CL-4125] – Pricing model is incorrectly using Policy Issue Date

Release Notes are here: Release_Notes_201309_v2_130902.pdf[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

16 July 2013

Waterfall: New liability type, use of Fasano actuarial tables, new reports and other improvements and fixes…

New features and Improvements

• [fusion_builder_container hundred_percent=”yes” overflow=”visible”][fusion_builder_row][fusion_builder_column type=”1_1″ background_position=”left top” background_color=”” border_size=”” border_color=”” border_style=”solid” spacing=”yes” background_image=”” background_repeat=”no-repeat” padding=”” margin_top=”0px” margin_bottom=”0px” class=”” id=”” animation_type=”” animation_speed=”0.3″ animation_direction=”left” hide_on_mobile=”no” center_content=”no” min_height=”none”][CL-4069] – Waterfall: New liability type based on total NDB paid
• [CL-4047] – Allow use of Fasano actuarial tables including aggregate smoking status
• [CL-4066] – New report: Premium Optimization Report (Assumed Ownership)
• [CL-4055] – New report: Annual Premiums
• [CL-4054] – Add Insured name to Case list
• [CL-4027] – Add SSN to Excel Portfolio Import
• [CL-4058] – Make Manual Premium Schedules editable
• [CL-4062] – Show Policy Year column on all Premium Schedule pages (apart from Manual add/edit)
• [CL-4074] – Allow 4 decimals on Per Unit Charge and Per Policy Charge
• [CL-4071] and [CL-4053]- New document types
• [CL-4051] – Add “Country of Ownership” to policy
• [CL-4057] – Make Comment field optional on Closing Checklist

Bug fixes

• [CL-4049] – Dates on Bid History page shouldn’t be time zone adjusted
• [CL-4050] – Decimal places not shown on Price Allocation tables
• [CL-4052] – Blank are saved as zero in AVS (“Calculation Age” and “Weight”) and Fasano (“Height” and “Weight”)
• [CL-4056] – Add extra entries in the Country list
• [CL-4060] – Improvement rate for male non-smokers is being ignored
• [CL-4061] – Waterfall model is ignoring spread for floating rate payments
• [CL-4073] – Uploading documents and timeout issues (Documents tab of Case Summary)
• [CL-4059] – Incorrect validation of actuarial table set from case valuation page

Release Notes are here: Release_Notes_201307_v2_130716.pdf[/fusion_builder_column][/fusion_builder_row][/fusion_builder_container]

30 May 2013

Liability Management Module, Interest Rate Curves, Accounting page improvements and other improvements and fixes…

• Liability Management Module
• Interest Rate Curves
• Accounting page improvements
• Other improvements and fixes

Release Notes are here: Release_Notes_201305_v2_130530.pdf

14 February 2013

Matured Cases in Portfolios, Actual vs Expected, Risk Scenarios in Monte Carlo, Probabilistic/Deterministic IRR, improvements in Closing, VOC and charts, Folders for portfolios and other improvements and fixes…

• Cost/Maturity Tab in Case Summary
• Valuing Portfolios containing matured/maturing Cases
• Valuation Settings: add settings for Actual vs Expected
• Actual to Expected Scenario Analysis on Portfolio
• Addition of LE50 to Life Expectancy Graphs
• Single Policy Valuation: Probabilistic/Deterministic IRR
• Risk Scenarios in Monte Carlo model
• Folders in Portfolio View
• View Portfolios linked to a Case
• Closing Transaction: new fields and process improvements
• Mq(x) Interpolation Options
• Servicing Tab: New Servicing Settings
• Verification of Coverage improvements
• Other improvements and fixes

Release Notes are here: Release_Notes_201302_v3_130214.pdf