ITAS Services Release 8.29.2

Expected Release Date: 9th April 2026

Overview

This release introduces a range of new features and enhancements across financial, shipping, and trading modules, designed to improve reporting, processing efficiency, and user flexibility. Key updates include expanded accounting reports, enhanced vessel tracking, streamlined month-end and day-end processing, improved contract and invoicing workflows, and updates to the Nominal Ledger. 

New Features 

Accounting Reports

Finance teams can now access additional key accounting reports directly in Data Portal:

  • TRADEQ Style 3 (Purchase and Sale summary side-by-side)

Vessel Finder Tracker - Phase 1

Introduces the initial phase of the Vessel Finder Tracker, enabling users to track and monitor vessel movements via a new tab in Shipping UI.

Month End (MEP)

Introduces support for Month End Processing (MEP). MEP prepares ITAS ledgers for the upcoming accounting period by performing three key actions:

  • Closes oldest accounting period
  • Opens next accounting period
  • Archives nominal and matched client ledger transactions

Day End/Overnight - Phase 1

Introduces support for End Of Day Processing.

Contract Fixations - Edit & Recap Documents

Introduces support for pricing fixations on commodity contracts. This also enables amendments after the fact and how those changes are communicated to clients and documented. 

Nominal Ledger (NOM) - Phase 2

The Nominal Ledger (General Ledger) remains the core financial component of the ITAS platform, supporting all subsystems through a shared set of control accounts and structures.

The ledger is organised into two primary sections:

  • Balance Sheet
  • Profit & Loss

These sections, combined with correctly configured control accounts, enable accurate financial processing and reporting across the system.

Add Update & Resend Option To Core Invoicing

Introduces support for updating and resending invoices to clients, providing greater flexibility when managing issued invoices.

Users can now:

  • Update existing invoices after initial creation (subject to permissions)
  • Resend invoices to counterparties without the need to recreate them

Posting Process (RPP)

Introduces support for managing the ITAS posting process.  

Enhancements

Amend Cost & Commission Invoice Markings In Trade Capture

Introduces support for amending cost and commission invoice markings in trade capture.

Ensure Port Details Pushed To Shipments From Contracts

Port of Origin and Destination details will now flow from Contract Details to Shipment Details, reversing the previous behaviour where changes were pushed from Shipment Details to Contract Details.

This release strengthens financial controls, simplifies operational workflows, and provides users with greater visibility and flexibility across the platform.

For further information or guidance on any of the new functionality, please contact Hivedome.

Bug Fixes

PBI Type Description Halo/Zendesk
       
       
       
       
       
       

ITAS Client Services API

Data Catalog

    Updated Data Entities

      Previous Releases

       

      For a demonstration of the features above, or any previous release, please contact Hivedome.