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 3.2.28 Released

Bug

  • [PHOEN-57] - Add web setting to disable credit bureau and Credit Policy on API
  • [PHOEN-59] - Error when adding a Note

Improvement

  • [PHOEN-34] - Add Introducer Groups
  • [PHOEN-54] - Add Icon for Web Definitions in Expert1 Designer
  • [PHOEN-55] - Add Helpdesk API Settings to System Information Wizard

Phoenix - Version 3.2.27 Released

Bug

  • [PHOEN-32]- API - Add paging to Applications
  • [PHOEN-52] - Fix crash when saving application
  • [PHOEN-53] - Fix security code not saving when entered

Improvement

  • [PHOEN-33] - Filter Introducers Tab on Account Type Screen
  • [PHOEN-50] - Add ability to reset role
  • [PHOEN-51] - Add more loading information on login screen

Tango32 V4.13 Released

Bugs fixed

  •     [TAN-87] - Error when generating direct debit when a loan has multiple Clients, one of which is not a main borrower.
  •     [TAN-93] - Annual Fee Charging 1 month past anniversary
  •     [TAN-98] - 'Account' button on Investment Transaction entry opens wizard and not Account Search
  •     [TAN-111] - Unticking 'Direct Debit' causes crash on save when 'autopay' enabled
  •     [TAN-114] - Direct Debit Varation not ordering with active on top
  •     [TAN-115] - FormLetters RecordSourceName Limits to 18 characters when adding New Letters using Access Runtime 2000
  •     [TAN-116] - After a rate change, Interest Only Repayments in Repayment Schedule Incorrect
  •     [TAN-118] - Clicking "Exclude Completed" on Investment funding form causes exception
  •     [TAN-120] - Discharge - incorrect repayment updated - incorrect pro rata amount
  •     [TAN-123] - Error "You must set the FROM date on or after this date" when changing interest rate on loan account
  •     [TAN-126] - "Exclude completed accounts" ignored when using the wildcard on the Client Search form
  •     [TAN-127] - Double Click on Document in Document library causes Tango to Crash
  •     [TAN-128] - Accounts imported from Phoenix with Residual - incorrect residual and number of payments
  •     [TAN-129] - Other Accounts - When adding creditor via wizard - Responsibility Type set to "I" instead of "C"
  •     [TAN-131] - Interest rate change does not create pro rata scheduled entry
  •     [TAN-141] - Linked Investments - Allocation incorrect in Projection report for first allocation - new account
  •     [TAN-143] - invitation Description won't allow more than 1 character - on existing loan
  •     [TAN-145] - Incorrect repayment after draw-down and rate change when out of date order
  •     [TAN-147] - Possible issue with allocation of funds on linked investment account.
  •     [TAN-148] - Error with function dbo.GetTerm when a residual value is supplied.
  •     [TAN-149] - Investments: Manual payments of interest - second payment not generating entry in Payments table
  •     [TAN-151] - Linked Investments - Allocation Issue for Swaps.
  •     [TAN-152] - Interest transaction generated to Investors without Loan Interest


Improvements

  •     [TAN-78] - Prevent Credit accounts from going negative - debit balance
  •     [TAN-89] - New Loan Security Formletters
  •     [TAN-94] - Print Funding Renewal - Syndicated statement
  •     [TAN-101] - Other accounts - Description field - increase length of field
  •     [TAN-104] - Partial Discharge - 1 Month Penalty interest to Discharged Investors - Paid by Mortgage holder
  •     [TAN-105] - Document Library - Order by newest to oldest
  •     [TAN-112] - Add index to IV_Transactions.TransactionTypeID
  •     [TAN-113] - Extend FormLetterName to allow 100 characters
  •     [TAN-117] - Use default program open instead of Internet explorer when opening files from Document Library
  •     [TAN-124] - Always show two decimal places for HighInterestRate/LowInterestRate on Select_InvitationFormLetters
  •     [TAN-132] - Improvements to Process_New_Investments
  •     [TAN-142] - Add the ability to Remove documents from Library

Tango32 V4.12 Released

Fixes

  • Bug            TAN-54    Repayment Variations not applied properly via API    Neil Ennis    Resolved
  • Bug            TAN-68    Connection not disposed properly on logoff under certain circumstances    Neil Ennis    Resolved
  • Bug            TAN-74    Doubling of IC transaction on Payout of Investment - 2 main investors    Neil Ennis    Resolved
  • Bug            TAN-76    Interest run may be generating Variations on accounts from Imported data    Neil Ennis    Resolved
  • Bug            TAN-80    Change in ongoing fee Subledger doesn't flow to DD screen    Neil Ennis    Resolved
  • Bug            TAN-86    Interest rate change cleared repayment schedule amount due    Neil Ennis    Resolved
  • Bug            TAN-96    Partial Swap not creating remainder entries in Funding details    Neil Ennis    Resolved
  • Bug            TAN-97    Direct Credit process - Crashes Tango    Neil Ennis    Resolved
  • Bug            TAN-99    Interest credit generated by Loan Payment picks up wrong loan client    Neil Ennis    Resolved
  • Bug            TAN-100    Same Investors twice on Funding details - not combining    Neil Ennis    Resolved
  • Bug            TAN-108    Rate and Drawdowns affecting first payment incorrectly    Neil Ennis    Resolved
  • Bug            TAN-73    DD schedule not updating for IO loans after rate change    Neil Ennis    Resolved
  • Bug            TAN-81    Repayment not affected by Drawdown in period drawdown applied    Neil Ennis    Resolved
  • Bug            TAN-83    Allocation not occuring when payment posted for Linked Investments    Neil Ennis    Resolved
  • Bug            TAN-56    Balance showing incorrectly with Drawdown    Neil Ennis    Resolved
  • Bug            TAN-63    RBC file export issue - Canada DD export    Neil Ennis    Resolved
  • Bug            TAN-71    Invalid Column 'isMissing'    Neil Ennis    Resolved
  • Bug            TAN-72    Cannot process Invitation - Live Tango_Eclipse    Neil Ennis    Resolved
  • Bug            TAN-75    Expired variations not sorted to bottom of listing    Neil Ennis    Resolved
  • Bug            TAN-82    Additonal Veda Positive Reporting changes    Neil Ennis    Resolved
  • Bug            TAN-95    Tango Crashes when Funding details- Invested amount dble clicked for Mngment fee    Neil Ennis    Resolved
  • Bug            TAN-110    Picking up incorrect information for borrowers and Guarantors    Neil Ennis    Resolved


Mods

  • Improvement    TAN-57    Pro rata Interest in Period of rate or drawdown - Linked Loan Investments    Neil Ennis    Resolved
  • Improvement    TAN-67    Document Library - change from Diary entry    Neil Ennis    Resolved


                    NOTE. There is a new document library tab on loans and investments which allows you to create a "Library" and store documents (PDF, DOC, RTF, JPG, etc) against loans.
                    You need to create a new public shared library folder which is accessible to all Tango users (Similar to the Form Letters folder)
                    You can drag / drop or import existing documents into the library.

  • Improvement    TAN-84    Investment Invitations using formletters    Neil Ennis    Resolved
  • Improvement    TAN-88    Alterations to VEDA Positive Reporting    Neil Ennis    Resolved
  • Improvement    TAN-36    Add monthly fees to Interest Only Scheduled entries    Neil Ennis    Resolved
  • Improvement    TAN-45    Improve Table Function dbo.GetNextVariationDirectDebit    Lachlan Ennis    Resolved
  • Improvement    TAN-50    API - Add GETAll for Classifications    Neil Ennis    Resolved
  • Improvement    TAN-39    Swap Processing Report    Neil Ennis    Resolved
  • Improvement    TAN-46    Diary entry and Log entries should be flagged with User and not DBO    Neil Ennis    Resolved
  • Improvement    TAN-47    Dishonour Payment import - ABC    Neil Ennis    Resolved
  • Improvement    TAN-48    Add Direct Debit or Payment method label for better visibility    Neil Ennis    Resolved
  • Improvement    TAN-49    Ability to delete an unprocessed invitation    Neil Ennis    Resolved
  • Improvement    TAN-51    Funding form - Display rate on label - rate to be calculated as described    Neil Ennis    Resolved
  • Improvement    TAN-52    Changes to Loan Funding form - Set rate editable    Neil Ennis    Resolved
  • Improvement    TAN-53    Linked Investment Discharge Process    Neil Ennis    Resolved
  • Improvement    TAN-55    Dishonoured Credit Card Payment Import     Neil Ennis    Resolved
  • Improvement    TAN-58    Changes to Loan Investment Invitation    Neil Ennis    Resolved
  • Improvement    TAN-60    Sort Funding form by Investor and then by Date    Neil Ennis    Resolved
  • Improvement    TAN-61    Ability to set Subaccount on Unallocated or Unlinked account    Neil Ennis    Resolved
  • Improvement    TAN-62    Restrict Available Export formats available    Neil Ennis    Resolved
  • Improvement    TAN-65    Implement corrections for Veda positive reporting    Neil Ennis    Resolved
  • Improvement    TAN-66    Use Index to Improve load performance of Funding form    Neil Ennis    Resolved
  • Improvement    TAN-69    Minor change to Swap and Discharge process - Completion and Start date    Neil Ennis    Resolved
  • Improvement    TAN-85    Add ContractualMinimumAmountDueAsAt to API    Neil Ennis    Resolved
  • Improvement    TAN-109    Reverse order of document display in Document library tab    Neil Ennis    Resolved
  • Improvement    TAN-43    Withholding Tax Rate - Ability to Store 2nd Rate    Neil Ennis    Resolved
  • Improvement    TAN-44    Add Indexes to Optimise Performance    Neil Ennis    Resolved
  • Improvement    TAN-59    Add warning when adding a drawdown for an account in advance, suggest redraw    Neil Ennis    Resolved
  • Improvement    TAN-70    Change SP Get_Borrowers_Of_Loan to not use a cursor    Neil Ennis    Resolved
  • Improvement    TAN-77    Adjust Transaction narratives to remove leading new line and white space characters    Neil Ennis    Resolved



Tango32 V4.11 Released

19 May 2015

LOANS

Fixes

  • Fix calculation of next due date when account is in advance and arrears have been set to calculate from the as at date rather than the day after.
  • P & I Report should ignore "Disable Arrears" settings
  • (Tango / Tan-40) Monthly Chargeable subledgers were appearing in PI report twice
  •  Fix NULL value when exporting loan payments to creditors
  • When reversing a payout, clear disposal settings on any assets disposed as part of the original payout
  • Loan Direct debits now checks creditor available funds if paying via Creditor
  • Fix problem where rate change causes new direct debit amount to appear one month early for variations
  • Fix bug which un-smoothed repayment amounts during rate change on IO loans with smoothed repayments
  • Fix first payment amount for interest in advance loans with common anniversary day
  • Rate change on interest only in advance was starting one day too late in schedule
  • Fix incorrect calculation of unallocated Principal, Interest and Charges on the receipt allocation report.
  • Fix Formatted Postal Address in Form Letters
  • Fix Drawdowns and Credits so that they generate interest adjustments when entered prior to last interest run date
  • Fix criteria for a repayment appearing in schedule as being "Inertia" related
  • Fix incorrect minimum dd amount on variation screen
  • Fix "value too large for integer" error for subledgers with results larger than about 275,000 that require rounding.
  • Removing a subledger that affects repayment amounts from an active loan will now reduce repayment amounts on that loan.
  • Fix selection logic which incorrectly excluded accounts which started after the FROM date of the VEDA report.
  • Fix Set Focus error when trying to display consolidated DD summary
  • Consumer Credit Payout Quote - fix Insurance Rebate issues when run via Access 2012.


Mods

  • Add a second "related creditor" link to Business Codes.
  • Add suffixes for automatically generated Sub-Accounts, Related Accounts, and Related Creditors.
  • New direct debit interface for ACH (USA)
  • The system log now records each time direct debits are generated.
  • Added "Classification 7" to Clients.
  • Added "Classification 8" to Investment Accounts.
  • When generating correspondence, override the "No Correspondence" flag for Principal Borrowers, who should always be contacted.
  • New option for leases to to deduct arrears from finance-based payouts
  • Add account range to ACRA / VEDA export for testing purposes
  • New "Interim" and "Ongoing" direct debit variation facility.
  • (Tango / TAN-12) Add Clustered Index to FM_DirectDebitVariations on LoanAccountNumber
  • (Tango / TAN-13) Add extra fields to fm_directdebitvariations: WhoEntered, DateEntered, WhoUpdated, DateUpdated
  • (Tango / TAN-5) Add "Annual Fee" and "ongoing amount" to Regular DD


INVESTMENTS

Fixes

  • Improve the selection criteria which determines whether an investor should be included in an Invitation to Invest.
  • Fix duplicate Investment Payments when there were multiple 'IO' transaction types defined for different business codes
  • Fix null investor client name appearing when no individual contact is entered for the client
  • Fix selection criteria on Cheques and Remittances report


Mods

  • Add a new "Unallocated Funds Holding Account" for investments that are linked to loans.
  • "Investment Swap" facility which allows you to swap in/out investors to an investment-funded mortgage.
  • (Tango / TAN-38) Projected Interest report for Linked Investors no includes Pro rata adjustments for swapped in / out investors.
  • Add Remittances and Cheques to Processing Menu