BGL managing director Ron Lesh said Simple Invest 360 will provide a CGT record-keeping and reporting solution for companies and trusts using BGL’s smart artificial intelligence powered categorisation and data capture.
“The team have done a great job through the COVID-19 lockdowns to get Simple Invest 360 to closed beta many months ahead of schedule,” Mr Lesh said.
“We have had many enquiries from clients who have been looking for a non-super investment solution which provides the same level of automation and AI as Simple Fund 360. Simple Invest 360 is that solution.”
Mr Lesh said Simple Invest 360 is built on the Simple Fund 360 general ledger and CGT engine.
“The team has done a superb job of leveraging the power of Simple Fund 360 with corporate actions and trust distribution automation features of Simple Invest 360 and the power of BGL’s double-entry general ledger to make data processing smart, simple and flexible,” he said.
BGL will be initiating open beta for Simple Invest 360 later this year.
This is a great initiative, and I would be keen to participate in the beta. Will it include electronic lodgement of ITRs for trusts?