What Data is Required to Start?

Getting started with Assette requires a foundational set of data to ensure the platform functions effectively from the outset. This article outlines the absolute minimum data needed to set up Assette, and is aimed at helping business analysts, consultants, and implementation teams understand the essential information necessary to get Assette up and running with the least amount of data possible.

Essential Data Fields #

Below are the key data fields required to begin using Assette, along with brief descriptions and examples to guide you in preparing your data.

Asset Class #

• Field Name: ASSETCLASS
• Description: The categories of assets available for portfolios and products.
• Example Values: “Equity”, “Fixed Income”
• Purpose: Helps classify portfolios and products based on the type of assets they contain.

Attribute Type Information #

• Field Name: ATTRIBUTETYPE
  • Description: The display name of the attribute type.
  • Example Value: “Strategy”
• Field Name: ATTRIBUTETYPECODE
  • Description: A unique code representing the attribute type.
  • Example Value: “AUSF”
• Field Name: ATTRIBUTETYPEVALUE
  • Description: The specific value associated with the attribute type.
  • Example Value: “Assette U.S. Equity Fund”
• Purpose: Allows for detailed categorization and filtering of accounts and products based on specific attributes.

Country Information #

• Field Name: COUNTRYCODE
  • Description: A unique code representing a country.
  • Example Values: “US”, “UK”, “AU”
• Field Name: COUNTRYNAME
  • Description: The display name corresponding to the country code.
  • Example Value: “United States of America”
• Purpose: Enables regional classification and compliance with country-specific regulations.

Product Marketing Status #

• Field Name: ISMARKETED
• Description: Indicates whether a product is actively marketed.
• Example Values: 1 (True), 0 (False)
• Purpose: Helps manage and track the marketing status of products within the platform.

Portfolio Category #

• Field Name: PORTFOLIOCATEGORY
• Description: Specifies the category of the portfolio.
• Allowed Values:
  • “Individual Account”
  • “Consolidated”
  • “Group”
  • “Composite”
• Example Value: “Individual Account”
• Purpose: Categorizes portfolios to facilitate organization and reporting.

Product Information #

• Field Name: PRODUCTCODE
  • Description: A unique code identifying each product.
  • Example Values: “PROD1”, “PROD2”
• Field Name: PRODUCTNAME
  • Description: The display name of the product.
  • Example Value: “Assette U.S. Equity Fund Institutional Class”
• Purpose: Identifies and describes the products available within Assette.

Account Codes #

• Field Name: PORTFOLIOCODE
• Description: A unique, case-sensitive string representing the account code.
• Example Value: “ABC123”
• Purpose: Uniquely identifies each account within the system.

Performance and Representative Accounts #

• Field Name: PERFORMANCEACCOUNT
  • Description: The code for the performance account of a product (e.g., the composite account).
  • Example Value: “COMP_1”
• Field Name: REPRESENTATIVEACCOUNT
  • Description: The code for the representative account of a product.
  • Example Value: “REPACCT_1”
• Purpose: Used for performance tracking and reporting at the product level.

Strategy Information #

• Field Name: STRATEGY
• Description: The display name of the investment strategy.
• Example Value: “Assette Equity U.S. Equity Fund”
• Purpose: Defines the strategy associated with products and portfolios for classification and analysis.

Vehicle Category #

• Field Name: VEHICLECATEGORY
• Description: Specifies the category of the investment vehicle.
• Allowed Values:
  • “Pooled”
  • “Segregated”
• Example Value: “Pooled”
• Purpose: Categorizes investment vehicles to aid in management and reporting.

Vehicle Type #

• Field Name: VEHICLETYPE
• Description: Describes the types of investment vehicles available.
• Example Values: “CIT”, “Collective Investment Trust”
• Purpose: Provides further classification of investment vehicles within the platform.

Important Notes #

• Consistency with Allowed Values: Ensure that fields like PORTFOLIOCATEGORY and VEHICLECATEGORY use the allowed values as specified to maintain consistency and compatibility with Assette’s system.
• Data Accuracy: Accurate and precise data entry is crucial for optimal functioning of Assette. Double-check all entries for correctness.
• Minimum Quorum of Data: This article outlines the minimum required data, allowing you to leverage the platform’s capabilities from the start.