BGL automates share registry data requests
Self-managed superannuation fund (SMSF) software provider BGL Corporate Solutions has teamed up with Computershare to provide a share registry data service.
Under the agreement with Computershare Investor Services, SMSF administrators will be able to obtain share registry data via BGL's Simple Fund software.
According to the BGL website, annual and subsequent requests will be sold in blocks of 25 - with each annual request costing investors $15.40 and each subsequent request costing $2.20.
BGL managing director Ron Lesh said the automation of share registry information would allow SMSF administrators to save money and time.
"Until now, BGL has only been able to supply our clients with bank account, contract note, ASX and unlisted unit trust data. Registry data from Computershare completes the picture with fast and convenient access to payment information and shareholding balances," Lesh said.
Computershare Investor Services managing director Greg Dooley said the new service would eliminate the need for BGL clients to collect a 'shoebox' full of dividends and holding statements.
"In partnering with BGL, Computershare sees a fantastic opportunity to assist shareholders to efficiently manage their reporting requirements, removing many of the costs and risks associated with manual collection," Dooley said.
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