Class integrates nabtrade data feed into software
SMSF software provider Class has partnered with nabtrade in order to provide users of Class Super and Class Investment Reporter with a nabtrade data feed.
According to Class, nabtrade currently offers an international share trading capability that provides investors with access to five markets, eight exchanges and over 10,000 global equities and exchange traded funds.
Class first began offering access to international shares and foreign currency support to SMSF and non-super wealth accounting software in February this year.
The addition of the nabtrade direct-connect data feed, Class said, allows trades executed via the nabtrade platform to be automatically processed in Class and reconciled to cash paid or received.
Kevin Bungard, chief executive of Class Super, said as SMSF trustees and investors realise the benefits of diversification from a risk and volatility perspective, there is increasing interest and demand for foreign investments.
“Being able to offer direct-connect data feeds from leading providers such as nabtrade in conjunction with Class’ foreign asset support delivers first class functionality for SMSFs,” said Mr Bungard.
Miranda Brownlee is the deputy editor of SMSF Adviser, which is the leading source of news, strategy and educational content for professionals working in the SMSF sector.
Since joining the team in 2014, Miranda has been responsible for breaking some of the biggest superannuation stories in Australia, and has reported extensively on technical strategy and legislative updates.
Miranda also has broad business and financial services reporting experience, having written for titles including Investor Daily, ifa and Accountants Daily.