Expert1 News

News relating to Expert1's Products and Services

For more information on our Loan Origination and Management products visit our Product Page.

For updates and product downloads visit our Support Files Page.

Phoenix - Version 3.28


  • [PHOEN-312] - Notice Offer to Purchase report date filter incorrect
  • [PHOEN-313] - Security costs not showing from account on Daybook report


  • [PHOEN-311] - Remember last used database
  • [PHOEN-314] - Add better exception tracking

Tango32 V4.33 Released

21 Nov 2017

** Bug

  •     [TAN-596] - Current Non Current Analysis - Showing negative principal for accounts at end of term
  •     [TAN-616] - Creating multiple variations with precedence for a single account at once results in no variations with precedence
  •     [TAN-621] - Error Running Tango Current/ Non-Current Report
  •     [TAN-624] - Missing parameters in API
  •     [TAN-625] - PI Using History - Incorrect final PMT and Interest for Quarterly accounts
  •     [TAN-627] - Linked Investments - In Advance - No Allocation when 1 month term.
  •     [TAN-639] - Error when formletters for Completed Accounts
  •     [TAN-641] - ODI rate on business code set to zero - ODI still charged on the account
  •     [TAN-642] - Error running Direct debits
  •     [TAN-643] - Manual Processing fee issue - Direct debit reversal also includes reversal of MPF
  •     [TAN-645] - Void of only interest transaction in a loan results in incorrect "Last Interest Run Date"
  •     [TAN-646] - Error generating payout via Payout button or when part of Statement generation
  •     [TAN-649] - Payment allocation ignores payout transactions - Allocation to Principal/Interest and fees
  •     [TAN-650] - Delinquency Report - Format 6 - Issue with selection of accounts
  •     [TAN-654] - Incorrect Days in Arrears for LOC accounts where arrears balance exceeds net balance
  •     [TAN-655] - Scheduling of Fees in the Schedule when Scheduled to Next Due Date
  •     [TAN-656] - When ODI is charged via a subledger during a payout, ensure the ODI is included on the Receipt Allocation Report if the subledger requires it
  •     [TAN-661] - Direct Debit Variation - Duplicate payment when two active variation on same day

** Improvement

  •     [TAN-233] - Unit Testing Scripts
  •     [TAN-477] - Allow Net Effective business codes to have Anniversary Day interest cycles
  •     [TAN-575] - Creditor Statements SP
  •     [TAN-579] - Additional Items for SystemLists
  •     [TAN-615] - New SP Insert_FormLetterDiaryReminder
  •     [TAN-618] - Move Variations Run Concurrently with Schedule from Global to Variation
  •     [TAN-622] - Add parameter to Select_ProjectedInvestmentIncome to allow direct output of result set
  •     [TAN-628] - Option to specify a charge code for type "2" ODI transactions
  •     [TAN-630] - Create new function to get Investor base rate
  •     [TAN-632] - Linked Mortgages - Swap partial processes when insufficient funds
  •     [TAN-633] - Projection report Incorrect for Interest In Advance Contributory Mortgages - Initial period and after swap
  •     [TAN-636] - IV Transactions API Performance Improvements
  •     [TAN-637] - DD Variations API Improvements
  •     [TAN-638] - Improvements to REST Generator
  •     [TAN-640] - New Investment Interest cycle - Periodic
  •     [TAN-644] - Customer Statement Improvements
  •     [TAN-648] - Improvement to Creditor Payout Quote
  •     [TAN-651] - Improve validation in Periodic Direct Debits
  •     [TAN-652] - Term for LOC when paying min reducing repayment - Formletter keyword
  •     [TAN-662] - Add "IsDisabled" flag for tables FM_Businesscodes, FM_Subledgers, FL_Formletters, AdhocQueries

Phoenix - Version 3.26


  • [PHOEN-307] - Account Definition fails to run under certain circumstances


  • [PHOEN-303] - Fix ICE69 compile error in installer


  • [PHOEN-304] - Do not export zero value component flag
  • [PHOEN-306] - Clean up old files on login/startup
  • [PHOEN-308] - Add check for duplicate introducers in introducer wizard
  • [PHOEN-310] - Switch Credit Bureaus to use TLS 1.2

Tango32 V4.32 Released


  •     [TAN-521] - Statement Generation fails if Maturity date calc running
  •     [TAN-550] - Loan Activity & Loan Summary - Loans without clients not showing
  •     [TAN-562] - Loan Activity Report shows no results when selecting "All Activity"
  •     [TAN-563] - Completed Loans Report shows incorrect bad debt figure.
  •     [TAN-565] - Payout quote - Consumer Credit not including K-Payments in payout calc
  •     [TAN-567] - Payout interest incorrect - % of Purchase Price Interest method
  •     [TAN-569] - GetAllocatedInterestInArrears error in function
  •     [TAN-570] - Function [dbo].[PaymentAllocation] - should only allocate to ODI under certain conditions
  •     [TAN-572] - GetInterestinArrears calculations incaccurate
  •     [TAN-573] - Repair schedule does not handle out of date reversals well
  •     [TAN-576] - Enhancement to "Simple Interest #2" Interest Calculation Method
  •     [TAN-580] - Incorrect Interest Dates on Anniversary Day Loans with Interest Cycles longer than one month
  •     [TAN-582] - Simple Interest - Daily Interest Payout method - Issue with Payout transactions
  •     [TAN-583] - Asset Register Report - Calculation of Asset WDV out by one day, "Next Yr Orig. Cost" incorrect in some situations.
  •     [TAN-585] - Customer Statement CSV File header - Negative payments affecting Totals
  •     [TAN-587] - "Reschedule" and "Refinance" transactions posted to loans linked to other loans via subledger do not create related "Reschedule" and "Refinance" transactions
  •     [TAN-591] - "Last Day Of Previous Interest Period" function is incorrect (6 days early) for accounts where interest compounds daily
  •     [TAN-592] - At Completion Subledgers not generating charge at payout
  •     [TAN-593] - Interest run incorrectly using old Interest Rate Schedule entries for Interest calc
  •     [TAN-594] - Importing Transaction from Phoenix to Tango - GL accounts incorrect
  •     [TAN-595] - Receipt Allocation - Not showing net balance for accounts with no transactions in period
  •     [TAN-597] - Projected Balance incorrect on Interest Only in Advance
  •     [TAN-605] - Improve accuracy of PI report using Schedule
  •     [TAN-609] - Inconsistent Figures between Summary and Detail in Current Non Current report
  •     [TAN-612] - Deliquency report definition - Report fails to run when SQL definition greater than 2048 bytes

New Feature

  •     [TAN-588] - Finance Based Loans - Adding extra Assets post activation
  •     [TAN-589] - Additional Reference Columns for Transactions available in API
  •     [TAN-606] - Filter chargecodes by branch when entering transactions


  •     [TAN-512] - Performance Improvements to Direct Debit Processing
  •     [TAN-545] - Current / Non-Current Report - Make Gross Balance Calculation consistent with Loan Summary Report
  •     [TAN-559] - New option to send specific Loan ODI Rate via XML Api
  •     [TAN-560] - Add support for MS Word 2016 for FormLetters
  •     [TAN-561] - Fixed Principal Repayment Schedule includes one extra Principal Only repayment in some circumstances.
  •     [TAN-574] - New Payout Method - Simple Interest #2
  •     [TAN-578] - New "Other Accounts" Statement Sequence - Account Description
  •     [TAN-581] - Gross Interest on Annual Cycle accounts inaccurate at setup
  •     [TAN-584] - Allow addition of assets without increasing the loan amount financed.
  •     [TAN-598] - Create BudgetPrices View
  •     [TAN-602] - Add p.a to Interest rate label on User #2 statement format
  •     [TAN-603] - Current Non Current - Export of report - Column headings not preserved