Cloud-based SMSF administration provider, Class has announced a new integration between its investment accounting and reporting solution, Class Portfolio and automated investment adviser and fund manager, Stockspot.
The integration, announced this week, is aimed at delivering a tax reporting solution to Stockspot clients as well as accountants and advisers in the Stockspot Partner Program.
Commenting on the integration, Class chief executive, Kevin Bungard said a core feature of Class was the ability to provide investors with up to date visibility of their investment data, which is critical to support effective investment decision making and tax reporting.
"We're thrilled that Stockspot has selected Class as being the best investment and tax reporting solution in the market, to meet their current and future business needs," he said.
Stockspot chief executive, Chris Brycki said the Class integration had supercharged his company's plans to expand the Stockspot Partnership Programme for accountants and advisers.
"It means accountants and advisers will have a complete overview of their clients' investments and tax situation," he said.