Set-up
Customer privacy is nuFed’s top priority and at the core of nuFed’s design. Several security measures are designed to provide total protection for customer credentials and client data saved.
Overview
nuFed provides two solutions:
- nuFed Forecasts, used to forecast accounts of US banks, and
- nuFed Historics, used to access Federal Reserve data on US banks
These solutions are services, supported by hosted servers with 100% uptime. Communication between nuFed and its clients is via Excel addin’s installed by clients. Add-in’s become available through trial of the nuFed solutions and can be viewed prior to install at this page.
All nuFed solutions employ standard Microsoft software and are non-invasive to the client workspace. Each solution employs .net framework 1.0 and Windows Installer. nuFed solutions become functional once these Microsoft components are installed.
Installation
To install nuFed addin’s, open the zip file at this page (link to http://www.nufed.com/addins.html). Advance through a sequence of dialog boxes. nuFed solutions shall install on a PC’s hard drive as shown below:

nuFed requires entry of a username and password when first installed on a PC. (Subsequent logins are automatic.) Use of the nuFed Historics solution is free and restricted to use by subscribers to the nuFed Forecasts solution.
Username is the user’s email address. The password provided on commencement of a nuFed trial is a 16-bit UTF. 16-bit UTF passwords are often employed by software firms and have proved extremely difficult to crack. More on UTF’s
Connection to the nuFed servers can be tested following installation. To do so, locate the nuFed Historics toolbar, click Forms then select —Edit Portfolios— (4th bullet). The dialog box should have populated fields as shown in the diagram below.

If the Edit-Portfolios dialog exhibits no content – that is, the dialog has white space in all fields —your firm’s firewall has prevented connection to the nuFed server. Whitelist the nuFed IP —www.nufed.com —into your firm’s firewall and retest. For repeat issues, email support@nufed.com or call (800) 459-6448.
License cloning
nuFed licencing works to the advantage of your firm in two ways.
First, the license is not restricted to a single PC. nuFed addin’s can be used repeatedly by the licensee (ie, for a laptop or home office). Username and password can be employed repeatedly.
Second, the licensee is entitled to ‘clone’ a nuFed license and grant it to other users. Cloning does not involves no licensing fees and is unlimited. A licensee clones a nuFed license by:
- logging onto an (encrypted) nuFed webpage using license credentials
- adding a user, enterin
- logging onto an (encrypted) nuFed webpage using license credentials
- adding a user, enterin
- logging onto an (encrypted) nuFed webpage using license credentials
- (a new UTF password is auto-generated)
- clicking the ‘email key’ to send the new password to the person to use the ‘cloned’ license

Cloned licenses can also be deleted. To achieve this, the user again:
- logs onto an (encrypted) nuFed webpage using unique license credentials
- deletes a user (see red x in chart above)
Deletion of a cloned license immediately severs contact between the license and nuFed servers.
The licensee can clone his/her license to any person; there is no restriction. Please note: Each user with a cloned license has the right to read and write any files the licensee has made with nuFed solutions. Forecast parameters generated by a licensee could be altered by a well-meaning but misguided individual with a cloned license. It is the responsibility of the licensee to keep clonings up to date.
nuFed encourages license cloning that is selective and deliberate. And encourages a licensee to use their unique webpage to regularly review whether clonings made remain appropriate.
Security layers
nuFed has several security layers:
- Secure socket connection
- Token authentication
- Digital signing
- Encryption
All these initiatives are supported by standard Microsoft components. Images below are sourced from this Microsoft webpage. Quotes below are sourced from this Microsoft webpage.
Secure socket connection: Connection to the nuFed service is protected using transport layer confidentiality (HTTPS and Username). In Microsoft’s words: “Security credentials enable the scalable securing of Web services over the complete route a SOAP message takes.” Tokens : Secondary authentication is performed through use of tokens in WSE 3.0 (see diagram below).

Digital signing: In Microsoft’s words: “Digital signing allows a SOAP message recipient to cryptographically verify that a SOAP message has not been altered since it was signed.”
Encryption: Use of keys means, in all likelihood, it is only the intended recipient that can read a message conveyed (see diagram below). In Microsoft’s words: “Encrypting a SOAP message creates a cryptographic secret that is shared with the intended recipient of the message.”

Support: For all enquiries, email support@nufed.com or call (800) 459-6448.
