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.
SUBSCRIBE TO THE SMSF ADVISER BULLETIN
- 21 Aug 2016Risks flagged with real estate appraisal valuesBy Miranda Brownlee
- 21 Aug 2016Lawyer challenges ATO view on two fund strategiesBy Miranda Brownlee
- 18 Aug 2017ATO locks in details, addresses panic on real-time reportingBy Katarina Taurian
- 18 Aug 2017Data feeds unreliable for new reporting, says mid-tierBy Miranda Brownlee
- 18 Aug 2017Tax component confusion spurs potential tax liabilitiesBy Miranda Brownlee
- 18 Aug 2017Contributions triple in June quarter, survey showsBy Staff Reporter
- view all
- ATO locks in details, addresses panic on real-time reporting
The tax office has addressed several points of confusion with the new events-based reporting regime, locked in key deadlines, and outlined w...read more
- Data feeds unreliable for new reporting, says mid-tier
With an estimated 20 per cent of SMSFs still encountering errors from data feeds, one mid-tier firm believes the ATO should allow SMSF pract...read more
- view all