Ada Fintech – Product Update – May 2022

by | Jun 6, 2022 | Product Update

Here at Ada Fintech, our aim is to make life easier for users. It’s important to us that we keep you up to date on our roadmap, and what enhancements you will be seeing on platform. This update is your insider track to everything that is happening at Ada HQ including:

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New Features

Voting Records

If you’ve been following our recent updates, you will know that we’ve been working hard to bring fund stewardship data to Ada through our partnership with Tumelo. We’re pleased to announce that the first version of this feature has now been released and is available to all clients.

This marks a shift in direction for the Ada platform as we develop our capabilities to support teams looking for innovative ways to integrate sustainable investment data into their research workflows.

With our initial release of Voting Records, you’ll be able to:

  • View available fund lists – specify the dates you want to explore stewardship data from/to and we’ll tell you which funds and holdings you’ve got available data for.
  • Search, filter and interrogate voting history – explore your votes by applying a variety of filters that let you sort by meeting type, vote category, and vote instruction etc.
  • Sort by significance – use our on-platform significance rating to help surface the most important votes in that period. We use a combination of factors and sources to generate a significance rating for each of your votes – giving you a quick way to surface the votes that are likely to be of interest.

We’ll be adding more tools to help you explore your data in further detail through the coming months; keep an eye on future updates for more information. If you’re considering whether voting records is right for you, get in touch and we can take you through the platform.

Data Sets: Insight Chart

At the start of 2022 we released our data sets functionality. This allowed teams to create discrete data sets, specify the fields within the data sets and then upload data files for the relevant entities.

In essence, teams wanted a way to capture bulk data like carbon metrics, performance or allocation data across various entities (funds, managers, portfolios etc), but had no way to really do that. This was compounded by the fact that data files come in various shapes and sizes so can take a long time to transpose to the right format.

From today we take that one step further and enable teams to turn those data files into actionable insights using our new charting feature specific to data sets.

For each of your defined data sets, you’ll be able to:

  • Explore data by entity – select an entity with an existing data file and launch into a chart designed to help visualise the data trends.
  • Customise chart data – define which data fields you want to use for your chart axis, chart series toggles and other customisation options.
  • Latest data file summaries – save a default view for each data set which then displays as a summary chart on entity overview pages.

We’re excited to see how teams start to use the data sets insights chart and all of the visualisations that get created to help explore the data in greater detail.

Roadmap Update

Notifications

When we started the process of building the Ada platform, we had a medium term vision to build in the capability for users to manage and receive notifications. When changes occur in the system its vital that the right people are notified.

Earlier this year, we held a series of user focus groups where we talked through what notifications meant to them, and what we found was:

  • They need to be personal
  • They should help focus my time in Ada
  • They need to work on a number of levels

We started our work according to the following statement, “how might we keep our users up-to-date with the types of change that really matter to them”.

We’re still finalising the discovery work around notifications, but from our feedback sessions some of the core functionality will likely include:

  • Subscribe to notifications – users will be able to subscribe to individual, list or type notifications. When subscribing you’ll be able to specify if you want to receive all notifications or just important ones.
  • Notification alerts – all notifications will be accessible through the notification icon in the top app bar next to entity search. This will give users access to their most recent notifications with a way to view all notifications in a more in-depth view.
  • Manage preferences – users can visit their settings to manage notification preferences. This will provide access to control the type of notifications you see as important, set up email preferences and manage subscribed entities.

Notes Version History

This is one that our users have been asking us about for some time. There are some instances that for whatever reason; whether it’s a lost connection, editing the wrong note or even a copy-paste error you’ll want to restore a note back to a previous state.

We’ve worked up a solution where users now have access to roll back their notes to a previously saved version. From within a note, you can click the version history button next to the note content you want to restore. This will give you access to the full history of all previous versions – you can browse through each version and then select which one you would like to restore.

Whilst only small the quality of life improvement to notes will help many of our active users with their experience within Ada.

This month at Ada Fintech

We value your feedback

At Ada Fintech, we love hearing feedback from all of our users. It’s so important that what we build solves genuine problems for those who use software to power up their investment processes. Whether you’re an analyst, consultant, team lead or even CEO; your comments and perspectives matter to us.

All of the feedback we receive goes into our user feedback system which gets reviewed, discussed and rated every month by our product team. Depending on the size of your feedback item, we’ll decide if it sits in our feedback stream or goes into a wider product development ideas backlog. Each month we pick a few items from our feedback stream and pull these into development for release that month.

To get in touch, you can reach out to one of the product team directly or use the in app support button to send us some direct feedback. This button is located in the top app bar next to your user icon.