September 2024
Presentation Mode
Turn any page in ORCA (structure chart, list, …) into a slide. Arrange the slides in order and present one-by-one in full-screen mode. Click on the contents of any slide to jump back to the corresponding page in ORCA. Dive in and out of presentation mode at will.
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Included in all price plans
July 2024
Export Data from Sections
Ability to export the content under various sections.
➡️ Learn more
Included in all price plans
New sections to organize your information
Three new sections: Persons, Liabilities, and Mandates & Legal Powers! These dedicated sections allow you to navigate, access, filter, and export the items' content within the Vault!
➡️ Learn more
Included in all price plans
More Intelligent Automated Tasks
ORCA can now create a wider variety of automated tasks, and trigger these tasks using more complex logic.
Example: Imagine
- creating a new entity, and ORCA automatically asks you to provide all the data that the specific jurisdiction and legal form of the entity require (registered addresses, aliases, tax IDs, roles, purchase prices, market values, and/or many other fields),
- having a rule that ensures there is an active passport (details + document) on record for anyone who exceeds 20% effective ownership or voting rights of a company eligible for a certain regulation,
- and much more.
➡️ Learn more
Included in Smart, Custom, and Enterprise price plans
More information in the Summary Panel
ORCA’s summary panel now includes the gross value, the sum of liabilities as well as net asset value of any item - every number can now be more easily understood!
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Included in all price plans
NEW: Interest Rates for Loans
Add more details about the interest rate(s) for loans. Distinguish clearly between interest and principle and see both the outstanding interest amounts.
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Included in all price plans
Improved handling of entity deletion
We heard your feedback and made it more difficult to delete companies and people by mistake. The system now ensures you want to remove them by asking for double confirmation.
➡️ Learn more
Included in all price plans
June 2024
ISO 9001 and 27001 certification
ORCA has successfully passed its audit for ISO 9001 and 27001 certification, which are globally recognized standards for quality management and information security management systems (ISMS).
➡️ Learn more
May 2024
Add Residency Permits
You can now include residency permits in the Identification area for natural persons.
➡️ Learn more
Included in all price plans
April 2024
Branded Emails for White-Labeled Clients
We're thrilled to share that the invitation emails have been greatly improved. They now include custom text and links, made just for your version of ORCA.
➡️ Learn more
White labelling is available as an add-on
March 2024
NEW: Audit Log
The Audit Log helps you keep track of all changes to your stored data. It shows you who made changes, what the changes were, and when they happened. This gives you a complete record of all actions, so you can watch over the history and safety of your data.
➡️ Learn more
Included in Custom, and Enterprise price plans
February 2024
NEW: Legal Entities & Assets Section
The Legal Entities & Assets section in the ORCA menu introduces several enhancements to improve your experience in managing your legal entities and assets within our platform. Explore the ability to add new Legal Entities & Assets, accompanied by basic filters and three additional filters — Tax Domiciles, Compliance Requirements, and Time Travel — for streamlined filtering.
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Included in all price plans
Corporate Transparency Act Reporting with BOIR Filings
Introducing the Beneficial Owner Information Report (BOIR) feature in ORCA. Easily identify and display relevant information from the BOIR, streamlining the reporting process for changes and updates to FinCEN (Financial Crimes Enforcement Network). Stay transparent and meet regulatory requirements effortlessly with ORCA.
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Included in Smart, Custom, and Enterprise price plans
Small Updates to Our Configuration
We've incorporated a few minor enhancements to improve your daily experience with ORCA:
- Added "Life Partner" as a new family relationship option.
- Introduced new smart folders: "Corporate Register" and "Business Registration", with corresponding tags adjusted accordingly.
Included in all price plans
January 2024
Our integration with Addepar is live
Now you can synchronize entities, ownership, and valuation information from Addepar to create dynamic structure charts. These charts can be enhanced with legal, tax, and compliance data, and securely shared with stakeholders. Synchronization now occurs daily for entities and ownership transactions, and monthly for valuations.
➡️ Learn more
Available as an add-on for all price plans
Set your preferences for Date Format
To change the date format to your preferred style, navigate to the Personal Settings in ORCA and update your preferences.
➡️ Learn more
Included in all price plans
“To Dos” are now “Tasks”
You may have noticed a small change in the words we use on the platform. This change is made to make things clearer and simpler. The word "Tasks" now better describes the actions you are managing in ORCA.
➡️ Learn more
Included in all price plans
Add negative valuations
We have improved ORCA's valuation functionality, allowing you to include negative valuations for your legal entities and assets. This enhancement provides greater flexibility and accuracy in managing your asset portfolio, enabling you to accurately represent unique financial situations and specific valuation requirements within ORCA.
➡️ Learn more
Included in all price plans
2023
December 2023
Change the email address of a user
Account owners and admins now can change the email addresses of account owners, administrators, and users in ORCA. Users will receive a one-time code for confirming their new email, but they can choose to delay this confirmation if required.
➡️ Learn more
Included in all price plans
Add FATCA and CRS status to legal entities
You can now add the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) status to your legal entities. This feature helps streamline your compliance process by providing essential tax-related information all in one place.”
➡️ Learn more
Included in all price plans
Wealth Summary included in the PDF export
Exciting news! We have now enhanced our PDF export feature. You can now include your Wealth Summary in your PDF export, providing you with a comprehensive overview of your financial position. This additional information will be seamlessly integrated and displayed next to your structure chart.
➡️ Learn more
Included in all price plans
White labeling options are available.
"Unleash your brand's potential with ORCA's new white labeling feature! Make ORCA truly yours by incorporating your branding. Interested? Reach out to us to explore this exciting new feature."
➡️ Learn more
Available as an add-on for Custom and Enterprise price plan
November 2023
New Events Section
See all events in one filterable, editable list. Add missing events directly to the list. Edit existing events in-line or using edit mode.
Filter events by:
- Event type (e.g. cash flow, document, ownership, liability, etc.),
- Counterparty (e.g. who was involved in the event),
- Date,
- And more.
From the events list, you can directly navigate to the structure chart or details page of any person, entity, or asset.
➡️ Learn more
Included in all price plans
Voting Rights
Assign voting rights to each share class. Display the voting rights in the structure chart. Voting rights are an important part of monitoring control, which is a central topic in many legislations such as the CTA and Transparency Register.
➡️ Learn more
Included in all price plans
Legal Entity Form
Assign a specific form to each legal entity (e.g., LLC, LTD, AG, etc.). Benefit from having the correct ELF codes documented everywhere. Going forward, these legal entity forms will be an important part of more automated rules in ORCA.
➡️ Learn more
Included in all price plans
Replace Lost Secret Keys
ORCA allows you to generate a new Secret Key in case you lost your previous one.
➡️ Learn more
Included in all price plans
October 2023
"Remind before" that notifies you about expiring passports
Included in Smart, Custom, and Enterprise price plans
ORCA assists in keeping passports and other identification documents up to date. Specify the period in advance for ORCA to remind you before the identification document expires.
Once the "Remind Before" date is reached, ORCA will automatically generate a new event to obtain a new passport and create a task for you.
Ownership as amount (NAV or value-based investments)
You can now track and manage your investments based on their nominal or valuation amounts.
- Select “value” to create a nominal/valuation-based ownership: When creating ownership between two entities, you can now select the "value" option to establish an investment based on its nominal or valuation amount.
- Change the NAV valuation for your initial investment: You can now modify the Net Asset Value (NAV) valuation for your initial investment. This feature allows you to update the value of your investment over time.
New C-level roles have been added
Detailed executive-level roles, such as Chief Financial Officer (CFO), Chief Operating Officer (COO), and Chief Legal Officer (CLO), are now available.
Select "C-Level", then choose the relevant title.
September 2023
Linked entities are now shown on the file component.
Establish new connections to other individuals or entities directly within the file associated with each event.
50 additional smart folders and tags to manage your files
You can find more information about file management here.
The first version of the new CTA (US Corporate Transparency Act) module launched
- FinCEN ID is displayed in the compliance section
- The Corporate Transparency status event is available under the compliance section
July 2023
New SRO report launched
The new SRO report will be generated using the official SRO templates. Please note that the templates are available only in German.
Find more details here
Introducing “own” as a new verb
Effective immediately, you have an additional option: you can enter positions using the verb “owns” (e.g. Person A owns 15% of Company B as of this month). If you use “owns” there is no need to add all the individual buy and sell transactions any more (unless you want to). You can summarize lots of individual buy/sell transactions in one “owns” sentence.
Find out more here
May 2023
New compliance section
There is no escaping compliance. Your best hope is to find a fast, easy way to answer compliance requests/stay compliant.
⚙️That is why ORCA’s brand new Compliance Section is here to help. Effective immediately you can:
- Monitor and record events related to KYC and AML;
- Assign applicable law;
- Add compliance & relationship notes; and
- Assign responsible persons.
Furthermore, if you are a self-regulatory organisation (aka SRO) based in Switzerland, ORCA can now automatically generate all the documents you need for your annual audit mandated by FINMA (contact us to find out more).
If you are interested in ORCA generating other compliance reports, please don't hesitate to get in touch. We are already working on at least one more.
Multiple Types of Values
Effective immediately you can enter four types of values in ORCA:
- Market value,
- Book value,
- Tax value, and
- Insurance value.
And there's more... you can blend any type of value into the structure chart and aggregate any type of value in the wealth panel.
💡 P.S. Are the market and insurance values the same amount? Add those values in one go!
April 2023
Customize your structure chart using “Group by”
Grouping similar assets together can help make structure charts more easy to understand.
⚙️ Did you know that ORCA allows you create automatic groups of assets in your structure chart(s) based on the following criteria:
- Asset class,
- Sub-asset class,
- Country, or
- Colored label?
These groups reduce the number of cards on display and help summarize the information in your Structure Chart(s).
And the best part yet? You can change the group by criteria anytime and your structure will be immediately updated.
💡 P.S. To save a default “group by” logic, go to the "Preferences" section of your Profile.
Add passport and other identification documents
Store any identification documents, such as
- Passports and IDs
- Work permits and visas
- Driver licenses
- Greencards
and everything will be automatically stored in Smart Folders that you can securely share with any outside party for example for a KYC request 📤
March 2023
New “Wealth Panel”
Break net wealth into more categories
- Asset Class
- Sub-Asset Class (NEW)
- Country
- Currency
- Owner
- Label (NEW)
and into any combination of categories 🤩
ORCA's new and improved Wealth Panel has you covered.
Star your important files ⇒ Favourite folder
ORCA's file management just got more flexible.
Add a star to any document and ORCA will automatically create a favourites folder with all starred documents in it for you.
Use favorites to find all the key documents you need in ORCA faster and save precious time.
