Specialist self-managed superannuation fund (SMSF) administration solution provider, BGL has released the closed beta version of its Simple Fund 360 products to clients with a view to making it fully available later this year.
The move was announced by BGL's managing director, Ron Lesh, who described the product as a "game-changer" because of the manner in which it utilised the cloud.
"Unlike the other hybrid SMSF administration cloud solutions, which are actually desktop applications storing data in the cloud, Simple Fund 360 is a real cloud application that can be accessed though any Internet browser at any time, from anywhere and on any device," he said.
Lesh said that over the past few months, BGL had signed almost 15,000 accounts to its bank data service in preparation for Simple Fund 360.
"Simple Fund 360 is all about automation. Automating bank, contract note and registry data is the key to SMSF processing efficiency.," he said. " Simple Fund 360 takes automation to a new level."
