Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.

Class continues moves in fintech

Software provider Class has announced a new partnership with a fintech player in the managed account and portfolio services space.

Technology Reporter 24 August 2016
— 1 minute read

Class has announced it will team up with MA Operator, a fintech service provider that provides managed account and direct client portfolio services for intermediaries.


Class users will now be able to use MA Operator to instantly automate client data entry and synchronise transactions.

Class chief executive Kevin Bungard has lauded the partnership, saying the move will reduce operating and administration costs.

“MA Operator has the goal of bringing a whole new level of efficiency to the managed account industry, by automating the complete workflow for financial advisers. We’re excited to be working with MA Operator to assist our users with increasing profitability and delivering better client service,” he said.

MA Operator co-founder Shannon Bernasconi noted the firm provides rebalancing, analytics and automated ROA, enabling advisers to deliver sophisticated advice.

“As well as removing inefficiencies in the industry, we want to give advisers more power to construct portfolios that will demonstrate real value to their clients. Our partnership with Class, a leader in innovative administration software solutions, supports this ambition,” she said.


Class continues moves in fintech
image intro
accountantsdaily logo


Are you thinking of expanding your offering into SMSFs to grow your client base? Become a pro at SMSF fundamentals and make your clients bulletproof with the SMSF Foundations course. Learn directly from Aaron Dunn from Smarter SMSF as he deep-dives into the fundamentals you need to know to successfully undertake your work as an SMSF practitioner. Earn up to 21 CPD hours! Learn more