Business News

Simple Fund 360 hits new milestone

BGL Corporate Solutions has announced its Simple Fund 360 offering is now the preferred choice of more than 2000 SMSF administrators.

This milestone of 2000 clients representing over 100,000 funds makes Simple Fund 360 the most widely used SMSF administration solution in the country, almost double that of BGL’s nearest competitor.

“It has been an amazing journey over the past 12 months,” BGL managing director Ron Lesh said today.

“Simple Fund 360 has experienced over 400 per cent growth with a record number of funds and clients committing to the platform each month.

“And even with this tremendous growth, BGL has been awarded an Australian Achiever Award for providing exceptional customer service for the tenth year in a row.”

Simple Fund 360 has changed significantly over the past 12 months, with some of the more notable changes including big data filters, moving to Amazon’s Aurora database, developing the capacity for instant search and the addition of the most sophisticated automated corporate actions engine in the SMSF administration industry.

Other developments include zero touch automation, reaching 185 data feeds, integrating with the CoreLogic Hub, audit and accounting work papers, and the addition of several financial, accounting, investment and management reports.

“A number of industry experts have talked this year about the need for many software suppliers to re-platform,” Lesh noted.

“BGL platformed with Amazon Web Services from day one, meaning our suite of web applications were always going to be the most technically advanced in the marketplace.”

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