BGL’s Simple Fund 360 grows to 100,000 funds
Australian Securities and Investments Commission (ASIC) corporate compliance software solutions provider BGL Solutions is continuing its cloud developments, with 100,000 paid self-managed super funds (SMSFs) now on its Simple Fund 360 offering.
In addition to customers on Simple Fund 360, there are 140,000 paid companies on the firm’s CAS 360 platform, and 240,000 entities on the BGL cloud.
A total of 23,402 funds were added to Simple Fund 360 in the September 2017 quarter, along with 42,285 companies and 168 clients on CAS 360.
“Clients transitioning from BGL desktop to cloud based solutions has definitely contributed to this strong growth” BGL managing director, Ron Lesh said.
“A big part of our success is our commitment to our client’s growth. Our team works hard to build features in our software to help our clients scale and grow their businesses.”
Lesh said the next step for the firm would be the assisted migration of around 200,000 SMSFs and 700,000 companies of desktop solutions to cloud-based offerings.
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