Import Security Matching
When importing securities into Morningstar Direct, the import process attempts to automatically map your imported securities to Morningstar-tracked securities, allowing you to take advantage of Morningstar�s extensive research capabilities. There are a number of system rules that are involved in the security matching process. Some rules are configurable and others are not.
Morningstar-tracked securities are stored in different security type universes. If the security type is provided by your import source, the process will attempt to match that security to a Morningstar security corresponding to the security type universe.
For example, if your import source categorizes your imported security as an Exchange-Traded Fund, the process will only look in Morningstar�s ETF universe for a potential match. If a security is found, the process creates the mapping. If no match is found or your import source does not provide a security type, the process will search across all Morningstar security type universes.
Morningstar tracks securities globally. In many cases, the same security is traded on many exchanges throughout the world. Therefore, occasionally you will receive a �Multiple Securities Found� message in the Securities blotter. When you encounter this error, you can double-click on the error icon, which will launch a security selection screen displaying the results of the security matching search. Here, you can select the security that best fits your researching needs.
Due to your securities trading all over the world, receiving this �Multiple Securities Found� error over and over again can become a nuisance. Therefore, you can configure your security matching process by manually selecting the countries where your securities may be trading.
To set your country list, do the following:
In the Import module, click the File menu, then select Set Country List.
Check the box to the left of each country you would like considered in the security matching process.
If you do not see a country you would like to add to your list, click Add/Remove Country. Here you can add or remove countries to your list.
You can also change the order of your country list by clicking the up and down arrows.
Note: The security matching process will pick the first match from the selected country list according to your selected order. This creates a user-defined country filter and will cut down on the number �Multiple Securities Found� errors you receive.
When you are finished, click Save + Close.
There are other built-in security filters that are not configurable. For example, Morningstar tracks both active and inactive securities. However, if the security matching process finds multiple potential matches, it will automatically filter out the inactive ones and auto-map to the active security for your convenience.