Finswitch Trade Confirmation and Price files can be imported into Moorgate. But it is still a manual process. And Confirmation files can have a number of exceptions which currently need to be dealt with one by one - a very tedious exercise. So we are fixing that.
We are currently busy redesigning how the Confirmation file is processed in Moorgate. Instead of rejecting errors one by one, we will import the entire file, apply ordering to it to ensure the accounts and transactions are grouped together correctly and then process what we can and provide an interface within Moorgate to handle the exceptions - static data issues, balance issues and the like. Expect this functionality in the next 2-3 weeks, if not sooner.
Once that is done we will be able to automate the download of the Confirmation file from Finswitch using the available web services and automatically import it. The user will then just need to address any exceptions.
Price files are available at 6pm daily - using the web services we will automate the download and import of these too.
Finswitch is also now providing the ASISA generated Quarterly Asset Allocation Data through their system. Moorgate will be enhanced to download and import this data to minimise the need for manual capture and allow you to do your Asset Allocation Reporting more quickly.
And as a final cherry on the top of Finswitch integration we will provide a Finswitch format Transaction Request file from the Authorised Market Actions which can then be automatically uploaded into Finswitch if required.
These enhancements will make Moorgate the obvious choice for any company in the South African market looking for Unit Reconciliation software. And of course make the daily processing for our current users even simpler.
We are currently busy redesigning how the Confirmation file is processed in Moorgate. Instead of rejecting errors one by one, we will import the entire file, apply ordering to it to ensure the accounts and transactions are grouped together correctly and then process what we can and provide an interface within Moorgate to handle the exceptions - static data issues, balance issues and the like. Expect this functionality in the next 2-3 weeks, if not sooner.
Once that is done we will be able to automate the download of the Confirmation file from Finswitch using the available web services and automatically import it. The user will then just need to address any exceptions.
Price files are available at 6pm daily - using the web services we will automate the download and import of these too.
Finswitch is also now providing the ASISA generated Quarterly Asset Allocation Data through their system. Moorgate will be enhanced to download and import this data to minimise the need for manual capture and allow you to do your Asset Allocation Reporting more quickly.
And as a final cherry on the top of Finswitch integration we will provide a Finswitch format Transaction Request file from the Authorised Market Actions which can then be automatically uploaded into Finswitch if required.
These enhancements will make Moorgate the obvious choice for any company in the South African market looking for Unit Reconciliation software. And of course make the daily processing for our current users even simpler.
No comments:
Post a Comment