Improvements
1. GMK-7571 - GTI - Added the new role “GI EoP Reply (Ready to Reply)”
Added the “GI EoP Reply (Ready to Reply)” role which will have the “Reply” button will be visible when Extend-or-Pay status is set to "Ready to Reply".
2. GMK-7742 - GTI - Allow creation of multi-party amendment in Data Transfer tool.
Using this new data transfer interface, it is possible to create amendment using multi-party data. User will provide the changes in multi-party amount and system will automatically calculated increase / decrease in nominal amount and create amendment.
To activate this interface, please contact support@globaltradecorp.com
3. GMK-7937- GTI - Added “Maximum Liability Amount” condition in WAM rules
The approval matrix can now be triggered based on the Maximum Liability amount of a guarantee using the WAM (Workflow Approval Module). The following fields will be added to the list:
(GTI) Equivalent Max. Liability Amount Minimum
(GTI) Equivalent Max. Liability Amount Maximum
(AMD) New Equivalent Max. Liability Amount Minimum
(AMD) New Equivalent Max. Liability Amount Maximum
4. GMK-8273 - GTI - Added new options in System Prompt for Button Name, Status, and Conditions.
To make amendment workflows more flexible the following additions were made in the System Prompt Setup:
New button names have been added:
Set to Pending Completion
Ready to Apply
Set to Applied
New statuses have been added:
Ready for Review
Ready to Apply
A new conditions field has been added
Guarantor Type
5. GMK-8290 - GTR - Enhance Advanced Payment recording.
Earlier in GTR module, system allowed only one payment detail under a advance payment guarantee. With this enhancement, it is now possible to record multiple payments. Its now also possible to record advancement payment for any types of guarantees in addition to advance payment guarantees.
6. GMK-8373 - LCE - Add Inoperative in LCE system and system prompt setup.
A new option "Inoperative" has been added to LCE system.
The option is also available in system prompt setup.
7. GMK-8805 - GTI - “Special Agreements” field from GTI application has been added to Quick Form.
Earlier swift field special agreement was not available in Quick Form. The field now has been added. In order to active it, you please enable the field from the quick form field configuration.
Bugs Fixes
GMK-8453 - New GTI alarm module will send notification only if there is a change in conditions as set in the rule. For example: if the rule condition is Guarantee Status = Issued and user update the undertaking number, the alarm will not be triggered. Earlier it was sending the notification which is incorrect.
GMK-8922 - The attachments in the Q-Form get deleted when the Q-Form sent back for correction.
Hotfix 7.76.02
GMK-9457 - Multi-party amendment data transfer interface was considering the given amount in csv file as the new amendment amount instead of calculating the difference with existing amount.
GMK-9448 - Alarm was not generating for the following conditions: Guarantee Status = Ready to Apply, (GTI) Guarantor Type = Bank, and (GTI) Transaction validity (months) > 24.00
GMK-9443 - The user is unable to save the Q form when the beneficiary country is North Macedonia. The system displays an error message stating, "The data entered into the Beneficiary Country field is in an invalid format.
GMK-9441 - WAM rule was not considering the Equivalent Maximum amount properly.
GMK-9429 - It is discovered that on some environments of some clients a Cover Letter is not attached to the email of the Agent Bank.
GMK-9426 - Konsole Connectivity: data is not displayed in API Messages tab
GMK-9396 - When amendment expiry date is same as guarantee expiry date, Konsole transfer fails due to compliance issue
GMK-9373 - Users without GI creator role lost access to address book pop-up.
GMK-9333 - Konsole Connectivity : Expiry Date is getting deleted when "no change" is added for Validity Type with a new Expiry Date in Amendment on Corporate side and Bank replies to it
GMK-7546 - Validation on the last three full billing periods is triggered on reduction while it should be triggered only on main transaction.
Hotfix 7.76.03
Improvements
GMK-9212 - CUSTOMER IDENTIFIER (29S) + SPECIAL AGREEMENTS (49Z) have been mapped to the additional fields text area in Konsole.
Bug Fixes
GMK-7546 - Validation on the last three full billing periods is triggered on reduction while it should be triggered only on main transaction.
Users are now able to backdate more than 3 quarters when doing a reduction and back dated control switch is set to no at system admin level.
GMK-8921 - System throws Error: Error changing status when user tries to process the MT779 message.
Users should no longer encounter errors when processing MT779 messages.
GMK-9484 - System displays the timestamp error (i.e., Your request cannot be completed because another user is working with this transaction) when Konsole's API amendment message is processed.
Timestamp error will no longer be displayed when Konsole's API amendment message is processed.
GMK-9525 - Konsole: The amount values sent via Bulk fields mapping to additional info is appearing in Scientific format
Amount fields will now display in the correct numeric format during bulk field mapping to additional info.
Hotfix 7.76.04
Bug Fixes
GMK-9291 - The system does not allow selection of "FileAct" channel in "Send Attachment by" field on "Edit Presentation Instruction" page in LCE DocSet.
Selection of "FileAct" channel is now possible.
GMK-9639 - Equivalent amount field always displaying 0 value on Guarantee List page.
Correct equivalent amounts are now displayed.
Hotfix 7.76.05
Improvements
GMK-9572 - Add a new variable in estimated fee engine to facilitate calculation of amendment related charges.
Added a variable to identify amendment number and amendment issuance date as an array of data to be used in the fee formula setup.
Bug Fixes
GMK-9641 - Equivalent amount field always displaying 0 value on GTR and LCI List page.
Correct equivalent amounts are now displayed.
Patch version 7.76.6 released on October 11th
Bug Fixes
GMK-9641 - Bank user cannot set an amendment status to "New" from "Ready to Issue" and "Ready to Reject" if the form of guarantee is Indirect
Underlying error resolved.
GMK-9644 - System displays error (Failed to Update Transaction) when user uploads a corrected LCE's document-set and represents again.
Underlying error resolved.
GMK-9776 - No Task/Alarm is generated for Extend-or-Pay (EOP) with condition (EXT) Current Status = New
Alarm is now properly generated.
GMK-9826 - Resolved visibility error of "Report Templ Admin" role allowing to see templates with "Myself" visibility restriction.
Visibility restriction correctly enforced.
GMK-9876 - An Extend-or-Pay setup Task/Alarm email is received by a non-participant user
Activation conditions fixed.
Patch version 7.76.7 released on November 22nd
MT797 Request for Cancellation Processing (GMK-9913)
The system now processes ACK/NAK messages for MT797 (Request for Cancellation – C2B). Previously, the message would be rejected, but with this update, the message status will change from "Sent" to "Acknowledged" when processed correctly.
Fix for MT797 Carriage Return Formatting (GMK-9912)
The system now correctly inserts "CRLF" instead of "LF" characters when generating MT797 messages. Additionally, the phrasing for acceptance has been adjusted to comply with Swift requirements.
Guarantee Amendment Expiry Date Update with DVS (GMK-9341)
The system now correctly updates the expiry date after issuing a Guarantee amendment through the DVS channel. Previously, the new expiry date was not reflected, but with this fix, the amendment will display the updated expiry date as intended.
Credit Line Effective Date Issue for European Users (GMK-8678)
The system now correctly saves the selected effective date when updating the Credit Line amount, ensuring no day is subtracted. This issue, previously affecting European users, has been resolved, and the effective date will match the user’s selection (e.g., 2024-05-03).
Update for Commitment Fee Calculation (GMK-10085)
Updated the commitment fee calculation, ensuring it is based on the unutilized portion of the credit line rather than the full amount. The fix will consider utilization through guarantees, amendments, and reductions.
Fronting Bank Fee Calculation Issue (GMK-10098)
The system now correctly calculates the Fronting Bank Fee at the end of each quarter, even when the Fronting Fee Percentage is applied to the Credit Line. This enhancement ensures that the fee is accurately calculated for transactions.
Guarantee Commission Fee Service Issue Fixed (GMK-10299)
The periodic Guarantee Commission Fee Service is now fully restored and running smoothly, resolving any previous issues that caused crashes. The system is now accurately calculating commission fees for both daily and quarterly services.