Use STAR to PACE Direct
The STAR to PACE Batch procedures allow you to store positions and open lot records after each intraday sequence is valued. Each NAV sequence utilizes a unique STAR to PACE source in order to store holdings and valuation data. This data is utilized when using the intraday portfolio valuation report.
When you set up the STAR to PACE Batch process for intraday processing, you need to select a STAR to PACE intraday source. This allows the STAR to PACE process to store the intraday valuation data as a unique row in the Position table. Once this process completes properly, you can go back and query the data using the Intraday Holdings and Valuation report.The following procedure describes how to execute the STAR to PACE batch process by intraday source.
To transfer intraday NAV accounting data using the S2P Batch mode:
In Accounting Center, in the left navigation pane, click Processing and Exceptions > Global Processes.
You see the Global Process workspace.
In the left navigation, click STAR to PACE Direct Processing > Transfer Data - Batch.
You see the Transfer Data - Batch panel.
You see the
Intraday
Source Election, Source Name, and Prs Instance options.In the Intraday Source Election list, select the intraday NAV period for the data you want to process. When you select a value, the STAR Intraday Data Filter field appears under Run Options. You can also review the corresponding pricing original source and instance for the NAV period in the Source Name and Prs Instance fields. Options include:
1st Intraday NAV
2nd Intraday NAV
3rd Intraday NAV
4th Intraday NAV
5th Intraday NAV
- Positions. Sends positions and cash balances.
- Positions/Open Lots. Sends positions, cash balances, and open lots.
Note: The value you select for Batch mode must correspond to the value you select when you use the Delta mode, to ensure the necessary data accuracy for reporting and Performance Measurement. If you are not using Eagle's Performance Measurement solution, you do not need cash activity data posted to Eagle PACE, because you can directly use the ESTAR cash activity tables.
WRITERS NOTE: is this note from STAR Data Filter field valid here?
Complete the remaining options on the Transfer Data - Batch panel.
For a description of each option, see Transfer Data Using the S2P Batch Mode.
Click Submit.
You see the Status window with the status of your request.
Click Print to print the status information. Or, click OK to close the Status window.
You see the Global Processing Results in the bottom pane. The Summary tab shows the event types associated with your request, along with a batch identifier. The Detail tab shows the processing status for each event.
Intraday Shareholder Activity Report
The Intraday Shareholder Activity report allows you to review capital stock transactions that occur for each intraday sequence. The The NAV sequence is a required field for the report. The report returns all capital stock transactions that occur between each NAV sequence NAV calculation.
For example if you run the report for sequence 2, the report returns all capital stock processing after sequence 1 NAV was processed up to when the sequence 2 NAV was processed. If you want to see capital stock processed after the sequence 2 NAV was calculated, then you set the Ignore close (tag 1257) field to Yes. This This field is useful if an intraday NAV was calculated, additional capital stock was processed, and you want to see the additional capital stock processed before recalculating the intraday NAV sequence NAV. For information on the report panel options, see Intraday Shareholder Activity Report.
A report sample follows.
Intraday NAV
HIstoryHistory Report
The Intraday NAV History report allows you to review the final calculated NAV for each NAV sequence when you use intraday NAV processing. You can run the report by share class, NAV sequence, or date range. For information on the report panel options, see Intraday NAV History Report.
A report sample follows.
Intraday Holdings and Valuation Report
The Intraday Holdings and Valuation report allow you to review the security holdings and valuation of a fund for each intraday NAV sequence when you use intraday NAV processing. You must enter a value for the intraday NAV source when running the report. For information on the report panel options, see Intraday NAV Holdings and Valuation Report.
A report sample follows.
Intraday Valuation Comparison Report
The Intraday Valuation Comparison report utilizes the existing 2A – 7 process and allows you to review the amortized cost, actual valuation, and actual market value of each security held in a fund when you use intraday NAV processing. You can use this report to ensure securities are valued correctly. For information on the report panel options, see Intraday Valuation Comparison Report.
A report sample follows.WRITERS NOTE: do you need to run the 2A-7 Preprocess first?
Intraday NAV Reconciliation and Ledger Activity Report
The Intraday NAV Reconciliation and Ledger Activity report can be run by ledger or by security if you use intraday NAV processing. Running the report by ledger displays all ledger activity by share class for an input NAV sequence. Running the report by security displays all ledger activity by security at the total fund level. Each version of the report calculates the NAV impact per share and basis point impact of each line item. For information on the report panel options, see Intraday NAV Reconciliation and Ledger Activity Report.
A sample of the Ledger format for the Intraday NAV Reconciliation and Ledger Activity report follows. It displays all ledger activity by share class for an input NAV sequence.
A sample of the Security format for the Intraday NAV Reconciliation and Ledger Activity report follows. It displays all ledger activity by security at the total fund level.
