Date of Release: 10/31/2020
This month’s release features several functionality and interface enhancements to our platform. In Creation Hub, we have created an advisor-specific role that allows advisors to assess and evaluate custom deals before sending them to their desk for approval. In Lifecycle Manager, users can now access custom aggregation in the product grid to control views based on their preferences.
New Advisor Role for Creation Hub Users
A new advisor role has been created in Creation Hub. This role will allow users to create requests that will be sent to a product team desk user. When submitting a request, the user will have the ability to use Luma’s estimated pricing tool to get indicative levels on the created request prior to sending it to the desk user. When a request is submitted to the desk user the deal will show as “Pricing Request Created.” The desk user will then have the ability to edit and/or cancel the request with the comments assigned to each of those actions sent to the advisor.
After reviewing the request and making any necessary edits the desk can submit the request to issuers from the Request Detail page to receive Indicative or Live quotes. Once quote responses are received the desk user can choose to display the selected quote(s) to the advisor. After reviewing the quotes, the advisor will have the ability to Request Deal Launch, which will indicate the advisors desire to move forward with the request and selected issuer.
New Custom Aggregation for Users
Users now have access to custom aggregation in the Lifecycle Manager grid to drilldown and organize product performance data to meet their unique needs. This two-level custom aggregation allows users to group data lists by CUSIP and by rep, alongside issuer, structure type, rep, and CUSIP or ISIN. Additionally, this enhancement includes a live product count that displays visible products during each step of the grid configuration.
More Descriptive Product Names
We have updated the names to be more descriptive and informative for previously purchased structures. This granularity will make it easier to sort and filter for the products you are looking for. If you have any questions about the new naming enhancement, please contact Luma Support.