Note: The date in the title of this article corresponds to the production deployment date.
Continuous Updates
- Fixed issue with drawdowns (also referred to as "drawings" in Fairways Debt) when contractual extensions are enabled on the transaction
- Improved security for notifications and documents
- The latest market data update is now displayed with a timestamp in the Market application
- Current rates and average rates are now displayed for caps, floors and collars in periodic reports
Focus on Covenants
In Fairways Debt, you can now choose whether a formula metric is calculated at the entity or transaction level by selecting the appropriate Scope during the metric creation or update process.
This transaction-level metric does not reference any specific transaction; hence it can be linked to any transaction within the perimeter to create a covenant. Additionally, the indicators used in the formula will be retrieved at the transaction level, not at the entity level.
Note: The Covenants module must be enabled to define account metrics. Contact your Finance Active consultant for more information.
See Create a Metric in the Account for more information.