Automatic generation of income
Class automatically generates income, using announcement data from the ASX and other financial markets. This information is cross matched to the fund data feeds to reconcile the announcement to the income received.
Income, franking credits and withholding tax are automatically processed, based on the information received from these sources. This saves a significant amount of time for accountants and adminstrators as there is no need to obtain dividend and distribution statements or process these transactions – they’re already processed through Class’ direct-connect data feeds.
And as processing happens overnight, you can start your working day knowing that the hard work and processing has already been completed.