Article Quick Links Advisor Portal Billing Client Portal** Client Portal Mobile App** Communities Compliance Financial Planning** Portfolio Interactions Reporting Trading

New This Week! Advisor Portal: Paperwork Improvement for User Experience and Speed Compliance: Client Oversight - UI Improvements Compliance: Multi-Tenant Firms - Efficiency Adding New Users Trading: Add Saved Views to Your Eclipse Dashboard Trading: Edit Applied Filters in Eclipse Trading: Model Type Field Trading: Communities Model Tags Trading: Isolated Post-Partial Analytics

 

NOTE: Release Notes for tools marked with two asterisks (**) are available in the September 2024 Release Notes - Integrated Tech article.

 

 

Using This Guide

• Quickly learn about the newest features in your favorite apps with the links under Article Quick Links (above)

• Click on any "Back to Top" link to return to the Article Quick Links

• Review the dates in front of each note to know when the item was released within the month
  • Items are ordered oldest at the top, to newest at the bottom, WITHIN each section.

 

 

 

Advisor Portal

9/27: Paperwork Improvement for User Experience and Speed

It is easier and quicker for an advisor to send paperwork for e-signature when there are multiple registrations in one prospect. Now when an advisor generates and submits an e-signature bundle for a specific registration, the advisor will remain on the Summary step in order to proceed with the other registrations in the prospect. 

 

• This allows for faster paperwork generation when there are multiple registrations within that household since the advisor stays on the Summary screen and can proceed with the next one immediately.

• This will reduce the time it takes to generate e-signature bundles for multiple registration prospects.

 

How to get there: Advisor Portal > Clients > Prospects > navigate to Step 9 Summary for a New Account item with multiple registrations

 

 

 

 

Billing

9/6: New Billing App Grids Support ‘Sum’ and ‘Average’ Insights

All grids in the Billing app have been updated to allow you to select cells and dynamically gain additional insights on the data selected, including ‘Sum’ and ‘Average’. 

 

• The new footer will only return the relevant information based upon the cell data you’ve selected.

• Select cell ranges across multiple columns to dissect that data in any way you need.

• Use familiar keyboard navigation to select cells

• • Shift + Ctrl + Arrow Up or Arrow Down keys will select all cells above or below

  • Shift + Ctrl + Arrow Left or Arrow Right keys will select all cells to the left or right

  • Ctrl + A will select all cells on the grid

• A terminology adjustment was required for implementation. ‘Count’ previously reflected the total rows selected that you could act against. ‘Count’ will now reflect the amount of cells you have highlighted. ‘Selected’ has been added and will now represent the total number of rows the user has selected to interact with.

How to get there: Orion Connect > Billing App > any grid in the app

 

 

9/6: New 'Payee Payable' PDF Report in the Billing App

• There is a new ‘Payee Payable' report that is designed to integrate seamlessly into the workflows in the Payout Dashboard, providing a more streamlined experience.

• Generate this report prior to processing payments, allowing for better planning and review.

How To Get There: Orion Connect > Billing> Reports> Actions > Payee Payable

 

 

9/20: Simplified Management of Pending Fee Transactions

There is a new entity option, ‘Create Pending Fees,’ to combine the old entity options, 'Create Pending for Direct/Indirect Pay Methods' and 'Create Pending Fees,' into a single, more streamlined user experience.

Automated Updates:

• If your database had both of the old options disabled, it has been mapped to the new entity option’s selection as ‘None.’
  If your database had both previous options enabled, it has been mapped to the new entity option as 'All Accounts.'
  If your database had only the 'Create Pending for Direct/Indirect Pay Methods' entity option enabled, it has been mapped to the new option with the selection of ‘Managed Sleeves.'

 

Options Explained:

• None: No pending fee transactions will be created.
  All Accounts: This option replicates the functionality of both 'Create Pending for Direct/Indirect Pay Methods' and 'Create Pending Fees for all accounts.' It creates pending transactions for both sleeved and non-sleeved accounts.
  Managed Sleeves: Creates pending transactions for specific sleeved accounts while excluding certain account types, such as contribution, distribution, or CNX sleeve accounts.
  All Sleeved Accounts: Creates pending transactions only for sleeved accounts, excluding non-sleeved accounts. This is a new enhancement introduced with the entity option selection.

 

How to get there: Orion Connect > Firm Profile > Billing Section.

 

How to enable: To enable the "Create Pending Fees" option, please contact the SME Team for assistance in activating your firm's entity

 

 

 

 

Client Portal

Review the September 2024 Release Notes - Integrated Tech article for product release information.

 

 

 

 

Client Portal Mobile App

Review the September 2024 Release Notes - Integrated Tech article for product release information.

 

 

 

 

Communities

9/6: Model Comparison Workflow Enhancement

There are several improvements to the Model Comparison workflow within Communities to enhance user experience and streamline the comparison process:

 

• One-Click Model Addition/Removal: Add or remove models from the compare with a single click on the model row. Selecting a model row will add it to the compare while deselecting it will remove it.

• Dynamic Model Compare Column: The Model Compare column will now dynamically update to display "Yes" or "No," depending on whether the model row has been selected within the grid.

• Model Compare Button: Located at the top right of the page, the Model Compare button now launches the compare with the models selected from the grid. You must select between 1-5 models to activate the button. If no models or more than 5 models are selected, the button will be disabled.

• Three-Dot Ellipsis Action Menu: Pinned to the right side of the grid for easy access, this menu allows you to single-select or multi-select rows and perform actions on the selected models.

• Dynamic Row Selection on Model Addition/Removal: Add or remove models from the comparison page will now dynamically adjust within the grid view upon exiting the comparison. This feature allows for previously used models to be cached in the compare for easy re-access.

 

 

9/13: Trading Event Audit Trail

• Communities Strategist and Subscriber users now have access to an advanced audit trail model tracking system. This enhancement offers greater transparency and insight into model changes, empowering users to make more informed decisions.

For Strategist Users:
The Trading Events page has been updated to include all model changes made during a save or rebalance within the events grid. View all model modifications with before-and-after snapshots, detailing specific changes made to the model on any given date.

For Subscriber Users:
The Trade History grid within a Communities model now displays not only commentary but also specific model allocation adjustments made during a rebalance. This enhancement allows Subscriber users to see the exact changes made to a model during a rebalance, focusing specifically on intentional model manager adjustments. Additionally, this feature extends across the Communities model rebalance and new model edit notification, providing detailed allocation adjustments made by the manager.

 

How to get there: Communities (Subscriber) > Notifications > Unread > Model Change/Rebalance > Click Here
How to get there: Communities (Subscriber) > All Models > Pick Model > Trade History > View Model Change Details
How to get there: Communities (Strategist ) > Trading Events > View Model Change Details

 

 

9/20: Moving Sleeving Tools

• We've expanded the Sleeve Strategy page by integrating all Sleeving Tools into one seamless app experience!

• Users can now access the Sleeve Wizard (fully relocated), Sleeve Import (available in both TOM and Sleeve Strategy), and Sleeve Strategies (also accessible in both TOM and Sleeve Strategy) from a single platform.
  

 

How to get there: Orion Connect > Sleeve Strategy > Tools

 

 

 

 

Compliance

9/20: Client Oversight - UI Changes

• We are continuing to enhance the user experience in Client Oversight 

• Spacing, fonts, and colors are more consistent throughout the module.

• Tooltips are more concise and take up less space allowing the user to view key information.

 

How to get there: Orion Connect > Orion Compliance > Client Oversight 

 

 

9/27: Client Oversight - UI Improvements

Enjoy a more consistent user experience in the various tabs in Client Oversight.

 

• The settings pages now have consistent font sizes, spacing, and layout.

• Approver Group UI updates in settings. Better tooltips to guide users in setup. 

• Supervision and Drift tabs show alerts counts specific to their workflows, they are no longer combined. 

 

How to get there: Orion Connect > Orion Compliance > Client Oversight 

 

 

9/27: Multi-Tenant Firms - Efficiency Adding New Users

• For firms with multiple databases, you can easily map Orion Connect users to their Orion Compliance user.

• Go to the add new user screen and search for clients in Orion Connect. 

 

How to get there: Orion Connect > Orion Compliance > Admin Settings > Add New User  

 

 

 

 

Financial Planning

Review the September 2024 Release Notes - Integrated Tech article for product release information.

 

 

 

 

Portfolio Interactions

9/6: Increase Speed and Stability with New Custom Imports

• Seamlessly update data en masse using the following new custom imports in the 2.0 version.

• Streamline your import process with added speed and stability using the upgraded template.

• Resolve errors quickly and efficiently using the 2.0 version’s error descriptions.

 

Available Imports:

• SSN/Tax ID

• Entity Move

• Representative (Add/Update/Delete)

• Portfolio Group (Add/Update/Delete)

 

How to get there: Orion Connect > Custom Imports

How to enable: Manage Users > Roles > Select Applicable Roles > Actions > Custom Imports > Enable > Save

 

 

9/6: Access Fee Information in Portfolio View

There is a new Portfolio View card for Fee Schedule information. This new card includes: 

• Account number

• Fee Schedule name

• Paying account (card will state multiple if more than one account is doing the paying) 

• Fee Schedule structure

How to get there: Orion Connect > Portfolio View > Add Card > Fee Schedule card

 

 

9/20: New Custom Imports Privileges

• Enjoy additional flexibility and oversight of Custom Import access. New user privileges are available for the following existing Custom Imports.

• The privileges will be enabled by default, but firms now have the ability to disable access to these imports for roles.
  • Account SLOA Imports
  • AIP Transaction Imports
  • Attribution Details Import
  • Beneficiary Import
  • Model Aggregate Permissions Import
  • Monthly/Yearly Data for Factsheet Import
  • Payout Rate Imports
  • RB3 Version Assignment Custom Imports
  • Reporting Only Accounts Import
  • Registration RMD Import
  • Registration Suitability Update Import
  • Stored Activity Import

 

How to get there: Manage Users > Privileges: Actions > Custom Imports

 

 

 

 

 

Reporting

9/6: Schwab and Fidelity Custodial Data Now Available for RMD's

• The RMD Dashboard now populates RMD values directly from Schwab or Fidelity for accounts that have this custodial data.

• After this has been set up through the integration (see how to enable/set up below), the data you see for those accounts is the custodial data.

• Any non-Schwab or Fidelity accounts will still display Orion calculated RMD values.

• You can choose to use the Schwab or Fidelity data (if available) or continue to use the Orion calculated RMD values.

 

How to get there: Orion Connect > RMD Dashboard

How to enable:

To enable Schwab, reach out to the SME Integration team.

To enable the integration for Fidelity, contact the SME Data Reconciliation team.

Related Knowledge Article:

Schwab and Fidelity Custodial RMD Data Option section in RMD Dashboard Overview.

 

 

9/20: New Tag for 'Price to Earning Ratio' Available for Reports

• Display the relative value of stocks on client facing reports. Users with access to build and edit reports will now see Price to Earning Ratio as a data tag for asset and product level grouping tables.

• Adding this tag to a grouping table in a sub-report, will show Price to Earning Ratio for each of the stocks in the household.

• The Price to Earning Ratio is from Orion Risk Intelligence

 

How to get there: Orion Connect > Reporting > Sub-reports > Create New or Edit existing Sub-Report> Add Table > Add Tag (@Price to Earning Ratio) 

 

9/20: Changes to the Table Control Naming for Sub-Reports

• Users with access to build and edit sub-reports will notice in the Table drop down menu, the names for each type of table have changed:
  • Column Grouping Table- has been updated to Dynamic Table
  • Grouping Table- has been updated to Advanced Table
  • Simple Table Editor (beta)- has been updated to Simple Table
  • Static Table - no changes, still Static Table
     

How to get there: Orion Connect > Reporting > Sub-reports > New sub-report > Tables drop down 

 

 

 

 

Trading

9/6: Sleeve Strategy Import Registration Level Trade Block

• There is a new import feature that enables bulk trade blocking at the registration level in Orion Connect UI.

• This import streamlines the trade block workflow at the registration level, allowing users to efficiently update multiple trade block values simultaneously.

• By supporting bulk trade blocking, users save significant time when configuring individual registrations, both within Orion Connect and, optionally, within Eclipse.

 

How to get there: Orion Connect > Sleeve Strategy > Sleeve Strategy Import

 

 

9/6: Portfolio and Account Audit History Updates in Eclipse

• Enjoy a better user experience when referencing the Portfolio and Account Audit History pages.

• The default Start Date will be updated to be one calendar year prior, to immediately view history for the previous year.

• The Notes cell within the Notes Audit History section will wrap text, making it easier to view the full contents of note changes.

• A new toggle to Highlight Data changes will be available in the header. This feature will look at each and starting from the row with the oldest history, highlight cells where there was a data change.

 

How to get there: Eclipse > Portfolios OR Accounts > right click a portfolio > Audit History 

 

 

9/6: Eclipse Account Details Custom Import

• The new Account Details Custom import in Eclipse provides an efficient approach to updating your account information.

• With this import, you will be able to assign accounts to existing portfolios, set your Do Not Trade status, add and remove tags, and add and remove restricted plans.

 

How to get there: Eclipse > Custom Imports > Account Details

 

 

9/6: Custodial, Contribution, and Distribution Models in Eclipse

• Models assigned to the custodial, contribution, or distribution sleeves in a sleeved registration will now show on their respective accounts in Eclipse.

• This does not change any trade logic, but will provide a better user experience for clients referencing custodial models when reviewing their accounts.

 

How to get there: Eclipse > Accounts Grid > Add Model Column

 

 

9/6: Send $0 Value Advisors to Eclipse

• Firms now have the option to send their $0 value advisors to Eclipse for a firm-specified number of days.

• This is defaulted to 0 days, maintaining current functionality where $0 advisors are not sent to Eclipse.

• By sending $0 advisors to Eclipse clients will be able to setup their teams before the accounts are funded."

 

How to get there: Reach out to SME Trading to set the preference “Send $0 Advisors to Eclipse for X Days”

 

 

9/13: Add and Remove Account Tags on the Accounts Grid

Beginning Friday, September 13, 2024 new functionality will be available in Eclipse which allows you to easily add or remove an Account Tag from the Accounts grid.

• The right click menu on the Accounts grids will include a new field for Tags.

• Mousing over Tags will then display a new flyout.

• Tags assigned to an account will be displayed with a checkmark at the top of the list. All other account tags will be listed alphabetically below.

• You can select a tag to assign or unassign the tag from an account.

 

How to get there: Eclipse > Accounts > right click an account > Tags

 

 

9/20: Updates to the Eclipse Overview Page

Beginning September 20, 2024, the Overview page in Eclipse will be updated with the below changes.

 

• Last Import timestamp will be located below the Overview. When the date of the last import is not the current date, a badge will be displayed before the last import for additional awareness.

• Import Errors will become a button next to Import History. Import Errors will also be tagged with the number of errors present from the last import. 

 

 

• The Action Item levels will become tabs on the dashboard so that both the levels and action items are more easily accessible going forward. As part of this change, Team Action Items will also be removed from the dashboard. The Team Action Items will display under My Action Items for users whose primary team had a Team Action Items dashboard set up and did not set up a dashboard on My Action Items previously.

 

How to get there: Eclipse > Overview

 

 

9/20: User Experience Updates

We recently made the following updates in Eclipse to provide you a better user experience on the platform:

 

• On the Portfolios grid, you can now use Model Tolerance by selecting the portfolio row where a model is assigned to the portfolio.

• In Firm Preference Audit History, the Record ID column now shows the ID for the entity to which the preference applies. For example, when the preference level shows Portfolio, the Record ID now shows the Portfolio ID, and when the preference level shows Account, the Record ID now shows the Account ID.

• Updated buttons in the Filters flyout on grids in Eclipse where columns can be filtered as shown below.
  • Match All and Match Any are now selectable buttons.
  • The Import button is now labeled “Import”
  • To delete an applied filter you can select the “x”

 

 

How to get there: Eclipse > Portfolios > select a portfolio with a model assigned > Analyze

 

How to get there: Eclipse > Administration > Firm Preference > Actions > Audit History

 

 

9/27: Add Saved Views from the Portfolios and Accounts Grids in Eclipse

• Add saved views from the Portfolios and Accounts grids in Eclipse to ‘My Action Items’ on your Eclipse Dashboard.

• Your saved view must include at least one filter applied through the Filters flyout on the grid.

• Add a saved view to your dashboard by selecting My Action Items > Add Saved View > Choose Portfolio or Account > select your saved view in the dropdown > Save

 

 

• Add a saved view to your dashboard through the Portfolios or Accounts grid.  After choosing a view with at least one filter applied > click the Save or Update View button next to your saved view name > choose Add View to Dashboard.

 

How to get there: Eclipse > Overview > My Action Items > Add Saved View

How to get there: Eclipse > Portfolios > Save and Update View > Add View to Dashboard

How to get there: Eclipse > Accounts > All Accounts > Save and Update View > Add View to Dashboard

 

 

9/27: Edit Applied Filters in Eclipse

• Edit filters you applied to grids in Eclipse. Once a filter is applied, a pencil icon will be shown next to the delete icon.

• Selecting the pencil icon will populate that filter selection, and allow you to change what you are filtering for. Then you can select save to apply the new filter, and save to your view if needed.

 

How to get there: Eclipse > Portfolios > Select a view with a filter applied > Filters

How to get there: Eclipse > Accounts > Select a view with a filter applied > Filters

9/27: Model Type Field

The Model Type field is now editable within Eclipse, giving you the flexibility to categorize models with one of three options:

• Normal (default for all models)
• Unmanaged (automatically flags the model as 'Exclude from Sleeve Portfolio Rebalance')
• Self-Directed (identifies and isolates which models are self-directed.  Will add additional enhanced workflows in the future)

Once assigned, the Model Type field will also sync with the model aggregation in Orion Connect, though this field is not editable within Orion Connect.

 

How to get there: Eclipse > Strategies > Models > Edit Model > Model Type

 

 

9/27: Communities Model Tags

• Communities models in Eclipse now support tag editing! This enhancement allows users to easily organize models by grouping them with custom tags, or by applying specific tag-based permissions.

• Seamlessly integrate local model tags with Communities models, creating a unified experience for managing and accessing both types of models in one place.

 

How to get there: Eclipse > Strategies > Models > Edit Model > Model Tags

 

 

9/27: Isolated Post-Partial Analytics

• Currently after a partial import, analytics will run for everything in a “needs analytics” status. This can lead to a delay in portfolio availability if there are a large number of portfolios waiting for analytics.

• With this change, post-partial import analytics will only run on the portfolios included in the partial import, making these portfolios available for trading earlier.

• You are still able to run analytics on everything in a “needs analytics” status by going to the top of their page in Eclipse > Analytics > Run Analytics Now.

 

Back to Top

2473-OAT-9/25/2024