BGL partners on conversion of banks statements
Self-managed superannuation funds (SMSF) administration developer, BGL Corporate Solutions, has entered into a partnership with Queensland-based company, Jet Convert, to deliver BGL clients a simple process for converting paper bank statements to electronic data.
The partnership was confirmed by BGL managing director, Ron Lesh who said BGL clients would now be able to fill the bank data feed gap by converting PDF bank statements to upload-ready file.
He said Jet Convert had developed an automated process to convert bank statement PDF's to CSV data confirming account balances and where necessary, manually ensuing the quality of data with the result that BGL clients would receive clean files with only relevant transactions within three business days.
Lesh said he believed the service would save clients hundreds of hours of manual processing.
Recommended for you
Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certane Corporate Trust business.
Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company.
TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA.
Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer.
