SMSF software firm unveils new integration for managed accounts
A major SMSF software company has released a new integration with Macquarie Wrap, providing advisers and clients with greater data visibility across managed accounts.
Class has announced a new integration with Macquarie which means that managed account data for Macquarie Wrap can now be entered directly into Class.
Once a parent account has been set up in Class, all the managed accounts and underlying holding accounts will be automatically created when the Macquarie data feed runs, Class said.
Class acting chief executive Glenn Day said that the new solution delivers full data visibility across all managed accounts, removing the need to manually enter data to represent the valuation of the managed account.
“It will deliver significant time savings to accountants and administrators who have previously had to process the data manually,” Mr Day said.
“We’ve worked closely with Macquarie to develop and deliver this automated solution, and look forward to working with other providers as we build out our managed accounts support.”
Miranda Brownlee
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.
