Validation will fail if any of the properties marked with are missing. A default value will be provided for those properties marked with . Please note; For rules that require netting, we will automatically do so, thus you should not net positions provided in the positions file. For more information on this please see here
For information on integrating via API, please see our GitHub repository. For all other information please see our Zendesk HelpCentre
An asset is the specific position a portfolio has in an instrument. Instrument properties are independent of portfolio, whereas asset properties are specific to the portfolio
|Property Name||Applies To||Description||Data type||Valid values & notes||Rules|
|AssetId||All||Unique identifier for the asset||String(255)||e.g. Use InstrumentId + AssetClass to signify the unique asset, or another significant unique combination such as ISIN + LocalTicker or ISIN + Execution Venue (these are also provided by the exchange-level FIGI or quote-level PermID).
1. Must be unique for every asset in the portfolio (but may be duplicated across portfolios) or else validation will fail and
2. Consistent across NAV dates or else HasActivity will not work and the UI will mark all assets as new
|AssetName||All||Name of the asset||String(255)||Used as the primary display name for the asset, so ensure this name is meaningful||All|
|CustomerAssetId||All||Customer defined Id||String(255)||Only used in UI
Optional field to be populated with a customer's own internal Id specification as reference. For example, an Id different to the AssetId used in FundApps.
|HasTransferOfTitle||All||If set to True, indicates that the legal title of the security is transferred in the SFT transaction, as determined by the relevant legal agreements. Setting this to FALSE indicates the collateral includes no transfer of title (that which is just a pledge/lien of assets would fall into this category).
Note: standard practice in securities lending agreements is that the title is transferred.
|Boolean||Valid for the following SFTTypes: Lent, Borrowed, CollateralTaken, CollateralGiven.||2|
|IsFlorangeApplicable||All||If set to true, this indicates that the asset quantity has been held for two or more years and the French Florange Law applies. This should only be set to true for assets relating to securities of issuers which are incorporated in France, which have shares listed on an EEA Regulated Market, and which have articles of association that do not specifically declare that the Florange law should not apply. See the aosphere memo for France, section A.1.8 for details. If undeclared or set to false, the Florange Law does not apply to the position.||Boolean||Please check the specific conditions outlined in the description and the Florange Help Centre article before declaring this property in a position file, including reviewing the issuer's articles of association.||217|
|Quantity||All||Equities - Number of shares held
Bonds (including Convertibles) - Total nominal value of the position, divided by the FaceValue of the (single) bond instrument.
ETF - Number of units held
Derivatives - Number of contracts held
|Decimal||Short sale positions - Insert a negative quantity for positions resulting from short sale transactions.
Lending/Borrowing/Collateral (SFTType) - For any asset which does NOT have an SFTType set to 'Normal', insert only positive quantities.
CDS - For credit default swaps, use a negative quantity for protection buys (which is an effective short position) and a positive quantity for protection sells (which is an effective long position).
|SFTType||All||Type of securities financing transaction (SFT)||String(255)||Valid values: Borrowed, CollateralGiven, CollateralTaken, Lent, Normal.
This property accounts for various kinds of transactions such as lending, borrowing, repos, reverse repos, while also allowing for general collateral taken and collateral given. See here for more details on populating
An instrument is the portfolio independent information
|Property Name||Applies To||Description||Data type||Valid values & notes||Rules|
|AssetClass||All||Asset class (e.g. Equity, Bond, CFD etc.)||String(255)||Valid values: ADR, Bond, CDS, CFD, Convertible, Equity, Forward, Future, Index, Option, PreferredEquity, Rights, StructuredProduct, Swap, Unit, Warrant.
To ignore this asset during checking, set to 'Ignore'
|AssetClassCustomer||All||Customer defined asset class||String(255)||Only used in UI
Optional field to be populated with a customer's own internal asset class specification as reference
|CallOrPut||Option, Warrant||If an option / warrant is call or put||String(255)||Valid values: Call, Put.||217|
|ContractSize||Forward, Future, Option, Warrant||Contract size of a derivative. If relevant, this should be in instrument currency||Decimal||e.g. 1000 would mean every option represents 1000 of the underlying.||217|
|ConversionRatio||ADR, Convertible, PreferredEquity, Rights||Convertible: the number of equities one convertible converts into;
DR: the number of underlying shares represented in one DR;
Right: the number of underlying securities that one right gives entitlement to.
Preferred Equity: the number of common shares one convertible preference share converts into.
|CountryOfIncorporation||Equity, PreferredEquity, Unit||[Issuer Property] Equity and Preferred Equity - Country where the issuer is incorporated.
ETFs - Country where the collective investment scheme's (or other company structure's) legal personality is incorporated
|String(255)||Valid values: ISO 3166-1 Alpha 2 country codes.||217|
|GICSIndustries||ADR, Convertible, Equity, PreferredEquity||[Issuer Property] The list of 6-digit codes representing an industry in the MSCI Global Industry Classification Standard (GICS). See the GICS website for more information. If an issuer genuinely has no GIC, please use the value XXXXXX for this property.||List||Valid values: 2023 and 2018 versions of list of industry-level GICS and their corresponding industry sector, for validation purposes..||207|
|GICSSubIndustries||ADR, Convertible, Equity, PreferredEquity||[Issuer Property] The list of 8-digit codes representing a sub-industry in the MSCI Global Industry Classification Standard (GICS). See the GICS website for more information. If an issuer genuinely has no GICS code, please use the value XXXXXXXX for this property.||List||Only used in UI
Valid values: 2023 versions of list of sub-industry level GICS codes and their corresponding sub-industry..
|InstrumentCurrency||ADR, Bond, CDS, CFD, Convertible, Equity, Forward, Future, Index , Option, PreferredEquity, Rights, StructuredProduct , Swap, Unit, Warrant||Currency the instrument is denominated in.||String(255)||Valid values: ISO 4217 currency codes.||217|
|InstrumentId||All||Identifier to link assets to instruments and instruments to Underlying instruments||String(255)||Must be unique for every instrument in one upload||All|
|InstrumentName||All||Instrument name||String(255)||Used as the primary display name for the instrument, so ensure this name is meaningful||All|
|IsCashSettled||CFD , Forward, Future , Option , Swap , Warrant||If the derivative is cash settled (as opposed to requiring physical delivery)||Boolean||Most countries capture physically settled derivatives, many (but less) are interested in cash settled derivatives.||7|
|IsConvertiblePreferred||PreferredEquity||If the preferred equity has the option to be converted into ordinary shares.||Boolean||10|
|IsETF||Unit||If a unit fund is exchange traded.||Boolean||207|
|ISIN||ADR, Bond, CDS, CFD, Convertible, Equity, Future, Option, PreferredEquity, Rights, Swap, Unit, Warrant||ISIN of the instrument||String(255)||Used to look-up Instrument in many lists such as EU Short Selling Exempt, short selling black & white lists, Takeover lists etc. Please note that ISIN is not required for instruments with the following asset classes unless they happen to be listed on a South African exchange: Swap, Option, Future, and CFD. ISIN is only required for Rights for Takeover GB & IE.||10|
|IssuerId||ADR, Bond, Convertible, Equity, PreferredEquity, Unit, Warrant||Unique identifier for the issuer of the instrument||String(255)||Do not use the LEI for this as for the foreseeable future not all issuers have an LEI. For Unit funds structured as an ETF, this should identify the ETF itself.||214|
|IssuerName||ADR, Bond, Convertible, Equity, PreferredEquity, Unit, Warrant||[Issuer Property] Name of the issuer of the instrument||String(255)||For Unit funds structured as ETF, the IssuerName should be that of the ETFs itself.
For EU government bonds, insert the exact sovereign issuer name from ESMA's list of sovereign issuers. For the SSR EU Bonds: United Kingdom rule insert 'United Kingdom' as the issuer name.
For issuers that are disclosable under the nominal share capital rules in The Netherlands, insert the exact issuer name outlined by the Dutch AFM here if you want the system to automatically populate the official value for TotalIssuedNominalCapital.
|Market||ADR, Bond, CDS, CFD, Convertible, Equity, Future, Option, PreferredEquity, Rights, Swap, Unit, Warrant||Market identification code (MIC) for the primary market that this instrument is traded on.||String(255)||ISO 10383 code (MIC). Insert the MIC of the primary market that the instrument is traded on. Where a specific market segment is different than the Operating MIC, please use the specific market segment since the Operating MIC is the parent market venue only.
For instruments which are truly over-the-counter (OTC), use the value recommended by the ISO standard: XXXX
For instruments where the market is completely unknown, use the value: XMIC (which is not an ISO code but a suggested default value in such cases).
It is critical that for any market, segment MICs are provided. Please see ISO's official FAQs for the MIC standard under the section 'MIC LEVELS', making note of the definitions for 'market segment MIC' and 'operating MIC' including the point that 'The use of market segment MICs provides more accuracy.'
FundApps is unable to validate whether our clients are providing the MICs at the granularity of segment MIC; we strongly recommend that you re-confirm with your data provider(s) that MICs are provided at segment MICs level.
|Price||All||Price of the instrument in instrument currency. For bonds and convertibles, the price must be stated as a percentage of the face value of an individual bond (since this is the way bonds are quoted on the market).||Decimal||217|
|TotalSharesInTreasury||Equity, PreferredEquity, Unit||[Issuer Property] Total amount of shares held in treasury by the issuer. Excludes outstanding shares (held by investors).||Decimal||This value is used for regulations that require a calculation using the total shares outstanding including treasury shares. If this data can not be sourced, please set value to zero.||7|
|TotalSharesOutstanding||Equity, PreferredEquity, Unit||[Issuer Property] Total amount of issued shares in circulation (held by investors) for an issuer. Includes the outstanding shares from all share classes. Excludes treasury stock.||Decimal||For Unit funds structured as ETFs this should reflect the number of units issued.
Please note that we have heard from clients that some of the values sourced from major data providers can include Treasury Shares for certain countries in which case your denominator can be overstated, leading to inaccurate holding calculations.
|TotalVotingRights||Equity, PreferredEquity, Unit||[Issuer Property] Total amount of voting rights in circulation for an issuer||Decimal||217|
|VotesPerShare||Equity, PreferredEquity, Unit||Number of votes attached to a single share||Decimal||Allowed value range: 0 .. 1000000||217|
AssetClass, AssetClassCustomer, AssetId, AssetName, CustomerAssetId, HasTransferOfTitle, InstrumentCurrency, InstrumentId, InstrumentName, IsFlorangeApplicable, Price, Quantity, SFTType
Asset classes which require exactly one underlying asset to pass validation are marked with
Asset classes which can have multiple underlying assets are marked with
|Asset Class||Description||Valid Underlyings||Properties|
|ADR||Depositary Receipts. Certificates that represent an ownership interest in shares of a (usually foreign-listed) company||Equity, PreferredEquity||ConversionRatio, GICSIndustries, GICSSubIndustries, ISIN, IssuerId, IssuerName, Market|
|Bond||A fixed income instrument where the issuer owes the holder a debt and pays them interest on it||ISIN, IssuerId, IssuerName, Market|
|CDS||Credit Default Swap. A financial derivative contract that allows an investor to swap the credit risk of an issuer, country or another entity with another counterparty||Bond, Index, StructuredProduct||ISIN, Market|
|CFD||Contract For Difference||ADR, Bond, Convertible, Equity, Index, PreferredEquity, Rights, StructuredProduct, Unit, Warrant||IsCashSettled, ISIN, Market|
|Convertible||A type of bond which can be converted to a specific number of equity shares of the issuing company (or another company in the case of an exchangeable bond)||ADR, Equity||ConversionRatio, GICSIndustries, GICSSubIndustries, ISIN, IssuerId, IssuerName, Market|
|Equity||Also called: Common Stock. A stock or other security representing an ownership interest in a company||CountryOfIncorporation, GICSIndustries, GICSSubIndustries, ISIN, IssuerId, IssuerName, Market, TotalSharesInTreasury, TotalSharesOutstanding, TotalVotingRights, VotesPerShare|
|Forward||A contract or agreement to buy or sell an asset at a certain date at a certain price, where the contract provisions are not standardised||ADR, Bond, Convertible, Equity, Index, PreferredEquity, Rights, StructuredProduct, Unit, Warrant||ContractSize, IsCashSettled|
|Future||A contract or agreement to buy or sell an asset at a certain date at a certain price||ADR, Bond, Convertible, Equity, Index, PreferredEquity, Rights, StructuredProduct, Unit, Warrant||ContractSize, IsCashSettled, ISIN, Market|
|Index||A collection or basket of securities which usually track the basket's performance and serve as reference values for a financial derivative||ADR, Bond, CDS, Convertible, Equity, PreferredEquity, Rights, Warrant|
|Option||Financial derivatives that give the buyer the right to buy or sell the underlying asset at a stated price within a specified period.||ADR, Bond, Convertible, Equity, Future, Index, PreferredEquity, Rights, StructuredProduct, Swap, Unit, Warrant||CallOrPut, ContractSize, IsCashSettled, ISIN, Market|
|PreferredEquity||Also called: Preference Shares or Preferred Shares. A type of stock in which holders have a higher claim to the dividends or assets of a company and which may contain features of debt instruments, including convertibility into common stock||Equity||ConversionRatio, CountryOfIncorporation, GICSIndustries, GICSSubIndustries, IsConvertiblePreferred, ISIN, IssuerId, IssuerName, Market, TotalSharesInTreasury, TotalSharesOutstanding, TotalVotingRights, VotesPerShare|
|Rights||Subscription Rights. A certificate issued to existing shareholders giving them the right to purchase a certain number of shares from the issuer at a specific price||Equity||ConversionRatio, ISIN, Market|
|StructuredProduct||A customised collection or basket of securities which may be pre-packaged as an investment, usually track the basket's performance and may serve as reference values for a financial derivative||ADR, Bond, CDS, Convertible, Equity, Forward, Future, Index, Option, PreferredEquity, Rights, StructuredProduct, Unit|
|Swap||A derivative contract in which two parties exchange the cash flows or liabilities of two different financial instruments. Excludes Credit Default Swaps||ADR, Bond, Convertible, Equity, Index, PreferredEquity, Rights, StructuredProduct, Unit, Warrant||IsCashSettled, ISIN, Market|
|Unit||A collective investment scheme or fund (set of pooled investments) which issues units or shares giving rights to the scheme's assets and associated income||ADR, Bond, CDS, Convertible, Equity, Forward, Future, Option, PreferredEquity, Rights, StructuredProduct||CountryOfIncorporation, IsETF, ISIN, IssuerId, IssuerName, Market, TotalSharesInTreasury, TotalSharesOutstanding, TotalVotingRights, VotesPerShare|
|Warrant||A certificate providing a right, but not an obligation to buy or sell a certain number of shares of a company at a specific price in the future; or a financial derivative that gives the buyer the right to receive payment, or the seller the obligation to deliver payment based on a reference composite's value at a particular time or within a period of time specified.||ADR, Equity, Index, StructuredProduct, Unit||CallOrPut, ContractSize, IsCashSettled, ISIN, IssuerId, IssuerName, Market|
A portfolio is the smallest unit that can hold assets (aka an account, fund etc.), an entity is a grouping of portfolios. The properties are generally set-up once and then only updated when changes occur. Portfolio properties can be entered directly into the UI and do not need to be provided in an input file.
The following are required for the rules / system to function correctly
|Property Name||Applies To||Description||Data type||Valid values & notes||Rules|
|PortfolioId||Both||Unique identifier for the portfolio / entity||String(255)||This Id should NOT change over time (even during implementation). If it does a new portfolio / entity will be created.||All|
|PortfolioName||Portfolio||Name of the portfolio / entity||String(255)||All|
|PortfolioType||Both||Portfolio: a container that holds assets (Accounts, Funds, Portfolios etc.);
Entity: an aggregation of portfolios (Management Company, Controlling Entity, etc.)
Umbrella: If a portfolio's direct parent is an umbrella and a portfolio level disclosure is required, A disclosure will be triggered on the parent umbrella, aggregating all portfolios underneath that specific umbrella
|String(255)||Valid values: Entity, Portfolio, Umbrella. Click here for more information on umbrellas||All|
|PortfolioCompany||Both||If a Chinese wall, or similar, exists, you will be able to limit the visibility to specific areas of the business.||String(255)||More information is available here||All|
|DefaultParentId||Both||Identifier (PortfolioId) of the Entity that a portfolio or (sub)Entity aggregates to||String(255)||Must match a PortfolioId of an Entity in the file. This is used to define the aggregation structure. In this case, an aggregation structure named 'Default' is used. For Entities which are at the top of the tree, the DefaultParentId will be its own PortfolioId. For clients with multiple aggregation structures, additional columns named 'XParentId' can be added, where X is the name of the tree (e.g. Voting, Legal, Management). More information here||All|
|RuleFolders||Portfolio||Defines which rules run on the system.||List||Valid values all folders active in your system see bottom left panel in the rules page||All|
|LiquidationDate||Both||When the portfolio / entity was / will be liquidated||Date||All|
|CompanyType||Top Entity||Values that indicate classifications for a portfolio/entity that have effect on the application of certain rules||List||Valid values: CA-AMRS, ITFM, JP-FFI, JP-GenInv, JP-StOw, KRPassiveInvestor, None, NotJPAggExempt, NotZA, PH-EligibleII, UKIM, US16AExempt, USPassiveInvestor, US-QII.
See description of possible values here
Last generated: 2023-09-18 10:02:09 UTC