BGL Corporate Solutions (BGL), Australia's leading provider of company compliance, self-managed superannuation fund (SMSF), investment management, identity verification and AI-powered paper-to-data software solutions, is proud to announce the launch of its Open Banking integration with Skript.

This integration, unveiled on 22 August 2024 at BGL’s annual accounting technology roadshow BGL REGTECH 2024, marks a significant leap forward in how BGL handles bank data feeds.

“This is an exciting time for our partnership with Skript,” said BGL’s Chief Executive Officer, Daniel Tramontana. “This integration connects Simple Fund 360 and Simple Invest 360 clients to the world of Open Banking, providing a secure and seamless way for clients to access bank data. It enhances efficiency and accuracy and will revolutionise how BGL clients manage financial data going forward.”

Skript is an Australian-owned business with extensive experience in banking, data and payment services. Skript develops simple and accessible solutions that connect businesses to the world of Open Banking.

Eric Tsang, CEO and Co-founder of Skript, said: “Skript’s partnership with BGL will transform the landscape of bank data feeds for SMSFs and investment portfolios and give Australian businesses and consumers enhanced security and better quality data. With over a decade of experience in providing bank data, we are well and truly at the forefront of driving systemic adoption of Open Banking in Australia.”

Jeevan Tokhi, General Manager of Product – Simple Fund 360, Simple Invest 360 and SmartDocs at BGL, said, “The integration between BGL and Skript will collect data from all Australian banks for transaction accounts, term deposits, loans and credit cards and feed it into Simple Fund 360 and Simple Invest 360. All banks will provide historical data and include open and closed accounts. The setup is rapid, taking less than 2 minutes”.

"Now, every SMSF, trust and company managed on BGL’s Simple Fund 360 and Simple Invest 360 software can enjoy automated bank feeds, no matter where they bank—an exciting capability we've not been able to deliver before," added Tokhi.

BGL REGTECH 2024 continues with upcoming events in Hobart on 27/08, Melbourne on 29/08 (sold out) and Virtual on 29/08. With over 1,700 registered attendees and 34 incredible sponsors on board, tickets are running out. Register for free at www.bglregtech.com.