Date of Release: April 5, 2025
Feature Name: Generate a Custom Score in the Investment Screener
This release focuses on enhancing the usability and functionality of the investment screener and find similar funds features. It introduces a powerful custom scoring capability in the investment screener as well as improvements in fund replacement efficiency and data management to better support users in monitoring and selecting investments.
Recent Enhancements
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Custom Score in Screener
Description:
Users of the Fiduciary Focus Toolkit can now apply a custom score to screened funds before adding them to a client account. When the selected trigger is applied, a new trigger results tab is displayed showing the current watchlist action for each fund, along with its current score, 12 historical scores, and detailed breakdown of each data point used in the custom score. Each data point is color-coded—green indicates that the threshold is passed, and red indicates a failure to pass.
Benefit/Impact:
This enhancement adds both efficiency and transparency to the investment screening process, enabling users to easily assess and monitor funds based on their custom criteria, streamlining decision-making for client account management.
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Find Similar Funds Improvement
Description:
When using the find similar funds feature to identify a replacement fund, the custom score applied via investment policy in the client account, is automatically applied to the similar funds search results. Only investments that pass the trigger’s threshold are displayed. For each result, users can view the current score, 12 historical scores, and each data point that constitutes the custom score, with color indicators (green for meeting thresholds, red otherwise).
Benefit/Impact:
By integrating the custom score criteria into similar funds searches, users are able to rapidly identify alternative funds that satisfy their criteria, thereby facilitating quicker, more informed fund replacement decisions.
Changes
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Change Investment Data As Of Date in Investment Screener
Description:
Users now have the option to choose the investment data "as of" date when screening funds. The default setting has been updated from the most recent period to the most recent quarter end.
Reason & Impact:
This change offers greater control over data selection, ensuring that screening results are based on data that best aligns with user requirements and reporting periods. The enhanced flexibility allows for more accurate and contextually relevant fund evaluations.
Feature Name: Bug Fixes and Minor Enhancements
Enhancements:
- Send to Vault Without Downloading Report:
- You can now send reports directly to your client's vault without needing to download the file. This means you can quickly and efficiently store important documents right within our software, making your workflow smoother and keeping your clients' information readily accessible.
- Require Zip Code for New Subscriptions:
- To ensure you're getting accurate tax calculations, you'll be asked to enter your zip code before purchasing a subscription, if it isn't already in your profile. It's quick and easy! If you'd like to update your zip code ahead of time, simply visit your profile settings and make the change.
Bug Fixes:
- Manually Set Fund Actions Being Reset:
- Some of our users might have noticed fund actions resetting unexpectedly. We're happy to let you know this issue has been fixed, so your fund action selection will now stay exactly the way you set it.
- Proposal Auto Populate Feature 404 Error:
- If you previously encountered a 404 error when trying to use the Proposal Auto Populate Feature, you'll be pleased to know it's now fixed. You can use this feature without any hiccups.