Class and wealth accounting group Findex have announced a partnership aimed to automate and simplify complex trust accounting requirements for Findex’s family office clients.
The move would be expected to help Findex accelerate growth plans as it aspires to become one of the largest accounting and family office firms in Australia and New Zealand.
Class’ new trust accounting features, which helped transform the administration of self-managed super funds, would be leveraged to deliver the same benefits to Australian accounting firms managing the complex investment entities.
“The collaboration with Class further enhances our already advanced self-managed super fund (SMSF) market offering, with this increased capability and capacity enabling us to achieve our market growth ambitions,” Findex’ chief executive, Spiro Paule, said.
“We are thrilled to be collaborating with Class on this ambitious project. They have a track record of innovative and scalable fintech solutions and we’re confident this creates a market-leading solution for clients.”