BGL is proud to announce a new integration between Simple Fund 360, Simple Invest 360 and Betashares Direct.
Betashares Direct is a new kind of investment platform that helps Australians build long-term wealth. The platform offers investors brokerage-free access to 450+ ASX-listed shares and all ASX ETFs, complemented by managed portfolios, private market exposures and streamlined tax and performance reporting. The Betashares Direct platform offering is part of the Betashares Group, a leading financial services organisation which currently manages over $75 billion for over 1 million Australians.
“We are delighted to integrate with Betashares Direct with a number of clients taking advantage of the seamless connectivity between our two platforms ” said Jeevan Tokhi, Chief Product Officer of BGL.
The new data feed integration eliminates manual data entry for SMSF and investment portfolios by automatically importing bank, investment and income transactions, including historical data, from the Betashares Direct platform into Simple Fund 360 and Simple Invest 360.
“This integration significantly reduces data entry and processing time while ensuring clients are always working with up-to-date data” Tokhi added.
Matthew Fish, Head of Product at Betashares Direct said “We’re pleased to partner with BGL to deliver seamless data connectivity for SMSF professionals. This integration simplifies portfolio administration and supports more efficient, accurate reporting for clients using Betashares Direct to build long term wealth.”
What the Betashares data feed includes:
- Digital feed activation – no wet signatures are required
- Bank transactions, including all cash movements.
- Investment transactions, including purchases and disposals.
- Income transactions, including dividends, distributions and bank interest.
- Bank and investment balances.
- Year end tax component data
- Historical transactions on activation.
All transactions are automatically allocated to the correct accounts in Simple Fund 360 and Simple Invest 360, ensuring accurate reporting with minimal manual intervention.
By continuing to expand its ecosystem, BGL enables accounting and administration firms to work with connected, up-to-date data without changing their workflows or relying on manual processes.
