In the latest “seminar in a box” campaign, you can encourage investors to create a full debt management plan.
As part of an ongoing series, this campaign provides more ready-to-send emails and social posts on a variety of common topics.
The positions page has been updated to give your clients more flexibility for how they view their holdings. With this update, positions can now be grouped by up to 9 different groupings. Cost basis information can now be turned on/off. All of these updates can be controlled via the Client Experience App.
We have added historical returns as a CMA option in firm settings to go along with the 2021 and 2020 JP Morgan forward looking assumptions. This allows firms to have a greater variety of options to choose from in addition to being able to fully customize their own capital market assumptions.
Communities welcomes new strategies to Orion’s robust model marketplace. Here’s the list of who has recently joined the platform:
- Flexible Plan
- Maryland Capital
- Oliver Luxxe
Learn more about these strategists on our Communities Corner.
There is now one tool for tax harvesting in Eclipse. The first screen will give you the ability to switch between the automated workflow (previously the TLH tool) and the manual workflow (previously the Tax Harvester). This will provide one process regardless of what method is needed for tax harvesting.
We updated the left hand sidebar for model related information to be called “Strategies”. Security sets have been moved under the strategies tabs instead of the securities tab. We have also added Sleeve Strategies and Sleeve Strategy Aggregates into Eclipse. Lastly, you can see your Strategies and Aggregates assigned to your portfolios in the portfolios grid.
Eclipse will now be able to split blocks for a cleaner execution. Right click on any block that has not been sent, and you can split it into multiple blocks. This will shut off auto-allocate, so you can allocate any of the blocks that do execute for one average price across all blocks.
We have added maximum set aside into Eclipse. This will allow you to exclude cash over what you target set aside cash amount is, if there is excess cash in the account. This way you can protect more cash if it is already available, rather than forcing that cash to be invested on the next rebalance.
Set aside and reserve cash will now be removed from your “managed” value and count towards your “excluded” value in Eclipse. With this change, “managed” will now be anything not excluded (either by cash or positions) in the portfolio, and excluded value will contain any excluded value (from cash or positions).
Users now have the ability to mark an account as separately managed for Eclipse or Orion Connect, without being required to have them both the same. This provides more flexibility around how you report and trade these types of accounts.
We have added the Security Target Percentage to the orders grid. If a security is an equivalent, or an alternate, it will show the targeted security’s target. If a security is targeted multiple times in the same portfolio, it will show the combined targeted percent for that security.
We have added the ability to export the models and model aggregates grids into Microsoft Excel.
We have added the ability to review the model information in Eclipse based on the sleeved account you select in the tactical tool.
As part of Orion’s joint venture with Focus Client Solutions, we are launching a Single Sign On app from Orion Connect into the new Cash and Credit portal. This will not only provide each access to the portal but from Portfolio View you can immediately launch a Loan Request from the context of a specific Household jumpstarting that request form.
For more information on the Orion/FCS Cash and Credit platform click HERE.
Orion’s Salesforce sync provides incredible customization with our Flexible Field syncing. However, sometimes the data entered into Salesforce does not match the required formatting for the mapped field in Orion and this creates sync errors. For example, entering a string of text into a field that should be in a date format back in Orion. To help guide users in the moment and reduce sync errors, we will now preemptively alert the user when they try to save data in Salesforce that will not match back to Orion.
Orion is bringing HiddenLevers’ portfolio stress-testing, industry-leading investment proposals, and model construction workflows to Orion’s core technology platform. Get a demo of the platform and learn more about the preferred pricing structure and integration timeline for 2021.
Read More: https://register.gotowebinar.com/register/7639068554211085584
We’ve segmented the menu and added app icons to make the links from the Portfolio View easier to identify and navigate.
When reviewing an entity (Household, Registration, Account) in Portfolio View, you are now able to navigate directly to that entity Portfolio Audit.
Quickly access the rebalance and tactical tools in TOM from the settings menu in Portfolio View.
Like your reports, we have added the ability to split out bond accrual in the Activity Summary tile in the Portfolio View so you can access this information on the fly.
This is a Report Builder enhancement that allows users to pull in multiple activity options within Bar Charts. This allows users more flexibility when it comes to presenting their clients data.
We’ve updated the logic behind which users get access to Orion reports. Previously all new reports created in Report Builder were automatically made available for all advisor and admin level users at a firm. Now, when a new report is created, database-wide access has been removed and the report only enabled for the user who created the report as well as the other users with the same role assignment as the report creator. This change affords users the ability to be more intentional with who they are granting report access to.
Previously, if a query was built in Query Builder it would require you to have a start date and end date associated with the query to produce an output. With this update, if a query doesn’t contain any columns that return values (ex: performance or activity) the run screen will now just show a single date picker.
With the addition of Context Filtering, Orion’s Query Builder app becomes even more powerful. Previously, when creating a Query to run for every account in the database, the filter could only look for data that existed at the same level you ran the query for. For example, if running the query for Accounts in the database, you could filter out any accounts that have a specific management style assigned.
Now with context filtering, you can create more complex queries that:
- – Only show the value of a specific asset category within all your accounts
- – Return every household in your database that holds a specific product, along with the total value of that product in the household.
- – Show how much each household has invested in a particular asset class on a specific day.
We’ve added an additional control to transaction reporting settings within Orion. In Report Settings, a user can now adjust the Transaction setting to Include Cash Exchanges. If left unchecked, reports will exclude any buy/sell exchanges into or from a cash asset. When turned on it will show this activity. This enhancement provides users more flexibility when it comes to building reports.Note: This new control only impacts Orion Reports. The buy/sell exchange activity will still exist in the system.
Prior to our April release, if a user was to add the Long Term Gain Loss or the Short Term Gain Loss data tag to a Sub-Report, both of those tags would display the net of gains or losses. We’ve now added a control that allows users to utilize those existing tags and specify whether they want to display gains, losses, or both. Users can access this new control by editing the Cost Basis Options in Report Defaults and is adjusted by using the “Display Gains or Losses” control at the bottom of the options pane.