Enrichments provide customers with the option to apply a price other than a vendor-provided price to a security. Enrichments are assigned to data strategies by customers after they have been created.
Eagle pricing has the following enrichment types:
- Use fixed price
- Derive price using a formula
- Derive price using security’s price
- Derive price using an index’s movement
- Derive price using underlying security
To set up pricing enrichments:
- From the Setup workspace, click Price Enrichments in the left navigation.
You see the Price Enrichments workspace with the list of available Pricing Enrichments. - Click Create New and select the enrichment type from the drop-down list. Options include:
– Use fixed price
– Derive price using a formula
– Derive price using security's price
– Derive price using an index's movement
– Derive price using underlying security
You see the Definition page
Define the Enrichment
All price enrichments have the same definition setup features. You can define an enrichment by name, start and end date and description.
To define the enrichment:
- In the Name text box, enter a name for the enrichment.
- In the Description text box, optionally enter a description of the enrichment
- The Data Type field defaults to Price.
- Enter the Start Date. this is the date on which the enrichment will be applied.
- Optionally, enter the End date. This determines the last effective date will be applied to.
- Click Next.
You see the Details page.
Specify the Enrichment Details
In the Enrichment Details page you can define the security and/or holdings criteria.
To specify the enrichment details:
- Click Define for Security Selection Criteria and use the Logic Builder to define the security filter that defines the subset of securities processed by the data strategy.
- Enter the Fixed Price for the enrichment. This is the price you want applied by the enrichment in the field.
- Optionally, select the Price Level that you want applied to securities by the enrichment.
- Optionally, enter any Price Level Comments you may have in the space provided.
Add Comment