This article explains what the Feeds Automatch setting does and where to update it. You can also find details in this video.
The activation of a data feed will automatically run the Class matching engine. This function will attempt to match any cash and business events that have the same date and are of equal value.
The Feeds Automatch Tolerance allows for flexibility to allow the matching of events that are similar but not exact.
Navigate to Business level Settings > Fund Defaults
- Days Tolerance
- Value Tolerance
Days Tolerance
This allows for a tolerance in the number of business days for automatically matching the cash and business events.
Consider the following Example:
- There is a cash event to withdraw $100 dated 01 September
- There is a business event to buy a security for $100 dated 02 September
If the Days Tolerance is set to 0; these events will not be matched.
If the Days Tolerance is set to 1 (or higher); these events will automatically be matched by the matching engine
Value Tolerance
This allows for tolerance in the transaction values for automatically matching the cash and business events.
Consider the following Example:
- There is a cash event to withdraw $100 dated 01 September
- There is a business event to buy a security for $99.99 dated 01 September
If the Value Tolerance is set to 0; these events will not be matched.
If the Value Tolerance is set to 0.01 (or higher); these events will automatically be matched by the matching engine.
The business event will be modified to reflect the same value as the matched cash event.