We’re excited to share the latest updates to the Athennian platform, designed to enhance your workflows and streamline your experience. Here’s what's new:
What’s New
New Experience for Debt
We have refreshed the Debt section with a cleaner, more consistent interface that makes inputting and reviewing intercompany loan transactions faster and more intuitive.
Availability: Customers on the Professional and Enterprise plans*.
Release Schedule: *If you are a Professional or Enterprise customer and don't see the new interface in your environment yet, it will be available soon.
Automatic Share Cancellation for Closed Entities via Amalgamation Task
Transitioning an Amalgamation (Merge/Amalgamate) task to Completed now prompts a confirmation step featuring an option to automatically cancel outstanding securities transactions:
- Automatic Cancellation Transactions: Selecting Create cancellation transactions generates a cancellation entry covering the total active holding balance for every shareholder.
- Targeted Amalgamation Scope: These updates strictly apply to the specific entities being closed as part of the amalgamation.
- Unchanged Workflows: Standard processes for entity closure and principal deactivation continue to function as before.
Availability: All customers.