Iress Mapping Guide - UK

Below is the guide for how Voyant pulls data from Iress and imports it into Voyant. 

Iress ObjectIress FieldVoyant Object/TypeVoyant FieldNotes
ClientLast NamePersonLast Name 
ClientFirst NamePersonFirst Name 
ClientBirthdatePersonBirthdate 
ClientPartnerId and Marital StatusPersonPerson TypeClient selected during import -> Primary
Spouse/Partner is found using PartnerRefId
Marital Status Number Code determines Spouse or Unmarried Partner
DependentLast NamePersonLast Name 
DependentFirst NamePersonFirst Name 
DependentBirthdatePersonBirthdate 
DependentRelation DescriptionPersonPerson TypeVoyant Values are Child, Grandchild, Parent, Other
IncomeDescriptionItemName 
IncomeTypeItemTypeDetermines Voyant Income Object type and Type Field
IncomeOwnerTypeItemOwners"Client" -> Primary Owns
"Joint" -> Primary and Spouse Own
None -> Spouse Owns
IncomeAmountItemAmount/Income 
IncomeFrequencyItemPayment FrequencyPayment Frequency in Voyant is shown next to the amount on the Salary field.
IncomeStart Date and End DateItemEventsEvents represent Start and/or End on timeline. See Timings screen in Voyant.
IncomeTypeItemIs TaxableCertain types are automatically set as non-Taxable
ExpenseDescriptionItemName 
ExpenseTypeItemTypeDetermines Voyant Expense Object type and Type Field
ExpenseTypeImport Suggestion Suggestion to Include or Skip during import flow. 
Voyant will suggest you skip expenses that are already included in other Types e.g. if entered in the Protection or Debts section, then an expense is added via those sections and does not need to be duplicated as an 'expense' type.
ExpenseOwnerTypeItemOwners 
ExpenseAmountItemAmount 
ExpensePayment FrequencyItemPayment Frequency 
ExpenseStart Date and End DateItemEventsEvents represent Start and/or End on timeline
AssetDescription and Policy NumberItemName 
AssetTypeItemTypeDetermines Voyant Asset/Investment Object type and Type Field e.g. ISA, Money Purchase Pension, Unwrapped investment etc.
AssetTypeImport Suggestion Suggestion to Add or Skip during import flow.
AssetCurrent ValueItemBalance 
AssetInitial ValueItemPurchase Value/Cost Basis 
AssetOwnersItemOwners 
AssetStatusItem Status is used to determine if an item should be ignored and not included in the import (e.g. Cancelled or Sold assets will not show on import).
AssetPurchase DatePropertyIs New PurchaseThe 'Is this a Future purchase' field in Voyant will be 'Yes' if a future date is select and 'No' if a past date is selected. Go to Timing to specify purchase and sell events once in Voyant.
LiabilityProduct Name and Policy NumberItemNameNote if the liability is included in the Debts & Loans section in Voyant, check the repayments are not also double counted as an 'Expense'. Voyant will suggest you skip the Expense and add in the Debt.
LiabilityTypeItemType

Determines Voyant Liability Object type and Type Field

Liabilities -> Debts and Loans -> Mortgage, Loan, Revolving/ Credit Card, Other

LiabilityOwnersItemOwners 
LiabilityOutstanding BalanceItemBalance 
LiabilityRepayment AmountItemPayment Amount 
LiabilityRepayment FrequencyItemPayment Frequency 
General Insurance   

Voyant does not have some General Insurance fields e.g. Car insurance, MPII , so instead, the premiums are pulled through as a 'Multi-year expense'.

Where possible the general insurance policy will be set up as a 'Protection' policy in Voyant e.g. ASU pulls through as Term & Endowment.

Make sure once in Voyant to only include the Protection premiums within the 'Protection' entry or as one 'Expense' entry, so as not to double count.

General InsuranceInstalment PremiumItemPremium/Periodic Amount 
General InsurancePremium FrequencyItemPremium Payment Frequency 
InsurancePolicy NumberItemNameInsurance Policy - Policy Name
InsuranceTypeItemType

Determines Voyant Object type and Type Field

Income Protection -> Income Protection

Critical Illness - > Critical Illness

Term Insurance -> Term & Endowment

Whole of Life -> Term & Endowment (choose a suitable term or change if needed to Whole of life type once in Voyant)

InsuranceOwnersItemOwners 
InsuranceLife Sum Insured, Critical Illness Sum Insured, Income Protection Benefit, Family Income BenefitItemBenefit Amount / Coverage Amount  
InsuranceTotal PremiumItemPremium Amount 
InsurancePremium FrequencyItemPremium Payment FrequencyCoverage Payment Frequency is ANNUAL