The STAR to PACE Batch mode transfers accounting data at the entity/accounting basis level. The system deletes the position data and then re-inserts it for a given entity accounting basis and effective date. Typically, you use the Batch mode to:
- Insert the end of day accounting data into Eagle PACE.
- Seed data in Eagle PACE for the next accounting day.
- Insert intraday valuation data into Eagle PACE if you use intraday NAV processing.
STAR to PACE Direct deletes and inserts only the levels of data requested. Therefore, if you run the Batch mode for positions and open lots only, the system does not delete the transaction data from a prior run.
Before You Begin
Prior to running the end of day Batch mode process, you must do the following to ensure accurate reporting and performance:
Add the issue prices and foreign exchange rates to the Eagle reference tables for the day.
- Complete and reconcile all daily accounting processes.
- If you are processing a master fund that uses intraday NAV processing, ensure you have a valuation source for each intraday NAV sequence you plan to process.
Once these actions are complete, you are ready to transfer data using the S2P batch mode.
Use S2P Batch Mode
To transfer 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. - Complete the options on the Transfer Data - Batch panel.
You must specify at least one of the fields in the Entity Parameters section to narrow the scope of the request. For more information, see About Qualifying Entities to Process in Batch or Delta Mode. You can specify one of the following fields in the Position Parameters section: Issue Name, Issue Symbol, or Primary Asset ID. The Long Short field is a required field. - 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.
Transfer Data – Batch Panel Options
The following table lists the fields and field descriptions for the Transfer Data – Batch panel.
Option | Description |
|---|---|
Push Activity Only Mode | |
Push Activity Only | Copies trade, disposal lot, cash activity, settled foreign cash activity, and settled cash disposal lots to Eagle PACE for a defined accounting date range. Options include:
|
Entity Parameters | |
Entity ID | Specifies the entity identifier for a portfolio, sector portfolio, composite portfolio, or Master Fund. |
Entity Name | Specifies the entity by the name of the entity. |
| Intraday Source Election | If you select an entity that uses intraday NAV processing, identifies 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. Options include:
|
| Source Name | Displays the pricing original source for the intraday NAV sequence associated with the selected NAV period. This field appears if you select an entity eligible for intraday NAV processing. |
| Prs Instance | Displays the pricing source instance number for the selected Source Name value. This field appears if you select an entity eligible for intraday NAV processing. |
Accounting Basis | Specifies the accounting basis associated with data. This field appears only if you set the Generate For field to Specific Accounting Basis. |
Process Center | Segregates entities into "n" amount of Process Center groups. Doing so allows you to allocate the STAR to PACE workload across multiple STAR engine instances. The STAR to PACE Direct functionality generates the individual request messages for each entity/accounting basis combination at a much faster rate using Process Centers. The global processes incorporate the ability to run by the entity Process Center election. This allows you to schedule STAR to PACE Direct runs by custom defined groups. Note: Eagle strongly recommends that you use this option or the Conversion Status option. |
Conversion Status | Specifies the conversion status. The global processes incorporate the ability to run by the entity Conversion Status election. This allows you to include/exclude STAR to PACE Direct runs by the status of the entity (if, for example, entities in a specific Conversion Status are not ready for STAR to PACE Direct). Note: Eagle strongly recommends that you use this option or the Process Center option. Specify a conversion status only as part of the initial data conversion process. Do not use it for normal production processing. |
Partition Number | Specifies the database partition for the position. This value is automatically established by a lookup based on the specific entity. |
Position Parameters | |
Issue Name | Specifies the issue name for the security. |
Issue Symbol | Specifies the issue symbol for the security. |
Primary Asset ID | Specifies the primary asset identifier for the security. |
Asset Currency | Specifies the currency used to price the security. |
Xref Security ID | Specifies the cross reference security ID for the security. |
Xref Type | Specifies the cross reference type for the xref ID. |
Long Short | Allows you to process only long or short positions. |
Run Options | |
Generate For | Specifies the accounting basis associated with data to send from STAR to PACE. Options include:
|
STAR Data Filter | Specifies the type of data. Options include:
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. |
| STAR Intraday Data Filter | If you select a value for the Intraday NAV Election for an entity that uses intraday NAV processing, specifies the type of data. Options include:
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. |
Position Valuation Election | Specifies the price used by S2P. Options include:
|
Include Zero Positions (Days) | Controls whether Eagle Accounting includes zero positions in the result set for a specified number of days past the position's last settlement date. This field is automatically populated with a value of "0" and you must only change the option after discussions with your Relationship Manager about your processing workflow. The process automatically generates zero positions through the position's last settlement date. |
Event Type | Displays the event value GEN_STAR_PACE. |
Date Type | Specifies the date type. You can bring over data for different date types and store it in Eagle PACE under different sources. Options include:
|
End Date | Specifies the date on which to send the data to Eagle PACE. The default is today's date. |
FX Date Switch | Indicates whether the process extracts the FX rate for the given accounting date or the most recent available FX rate. Options include:
|
Price Date Switch | Indicates whether the process extracts the price for the given accounting date or the most recent available price. Options include:
The system uses the following hierarchy for calculating valuation in Eagle PACE:
|
Auto Perf Switch | Indicates whether to flag the position for performance re-computation. STAR to PACE Direct automatically sets Eagle PACE position record to Y (perform_flag) for back dated position updates via the Delta mode. You can set the batch mode either way. Options include:
|
SPD Cash Balances Switch | Indicates whether STAR to PACE Direct rolls up cash balances by currency and cash account in the Eagle data warehouse. In the STAR database, the system stores cash balances at the asset and custodian level. Options include:
|
Income Based Cash Switch | Indicates whether to generate an income based cash record. Options include:
Note: The S2P Position Income Receivable Switch determines whether or not the income receivables populate the position records and works independent of the CASH_ACTIVITY records creation. You may populate the CASH_ACTIVITY table by using the income based cash settlement event or the performance computation and still have income receivables values populate from the income entitlement event for positions reporting. |
S2P Position Income Receivable Switch | Indicates whether to store income receivable data on the individual data warehouse position records. Options include:
|
Calculate Contractual Settlement | Indicates whether to calculate contractual settlement values. STAR to PACE Direct stores contractual settled values in Eagle PACE. These fields require additional processing, which affects the performance of the STAR to PACE Direct Batch and Delta process. Options include:
|
System Currency | Displays the system currency for calculating enterprise wide performance returns, if specified. For details about setting up a system currency to calculate enterprise wide performance returns, see Add a System Currency to Calculate Performance Returns. Note: If you specified a system currency for Performance Measurement use, the Delta mode process values portfolio holdings, income receivables, and cash activity in the system currency for all portfolios across the entire enterprise. |
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