This quarter, we’ve introduced innovative features and fine-tuned existing functionalities to further streamline your experience. From industry-first Direct-Connect Document Feeds to enhanced automation, here’s everything you need to know.
Class Super, Class Trust & Class Portfolio
Introducing: Direct-Connect Document Feeds
We’re thrilled to announce an industry-first: Direct-Connect Document Feeds. Expanding beyond just data feeds, we now offer automatic collection and storage of essential documents directly from institutions. Starting with HUB24 (with more to come), users can access Annual Investor Statements, Quarterly Reports, and Tax Statements directly within our document management system. These documents are automatically tagged and organised by year and document type, making year-end workpapers a breeze.
To explore this new feature, navigate to Fund > Fund Document in the relevant entity.
For a detailed walkthrough, refer to our knowledge base.
Enhanced Automated Corporate Actions
We’ve automated a wide range of corporate actions, allowing you to reconcile more investments and benefit from automated income transactions. Since May 1st, 2024, corporate action automation has been applied to data-fed investments on a weekly basis.
A new status, ‘Auto Processed,’ has been introduced to help you identify which corporate actions have been automated. You can also filter by this status in the Corporate Action Console for easier management. Check out our FAQ section for more details on automation criteria and supported corporate actions.
We’ve also added support for an additional 66 Corporate Actions for the quarter. For more information, you can refer to the knowledge base article.
NowInfinity
Upgraded Documentation Suite
We’ve enhanced our Documentation Suite to improve compliance and flexibility. The Trust Distribution documentation now references trustees considering their fiduciary duties when determining income distributions to beneficiaries. Additionally, we’ve updated the Trustee Consent and Member Application forms to accommodate minors joining an SMSF with parental or guardian consent.
Corporate Messenger Updates
Managing corporate changes just got easier with updates to Corporate Messenger. Users can now specify the ‘appointing party’—either Director or Members—when appointing an officer, with support for forms 484 B2, B12, 484 E, and bundle changes. This customisation offers greater flexibility, ensuring that documents reflect the correct appointing party.
We’ve also optimised the system to handle scenarios involving single officeholder directors and single shareholders. The form titles for 484E and 484B12 have been refined for greater clarity, making it easier to select the right form.
Fixes and Enhancements
In this quarter, we’ve also resolved a number of key issues, including an update to our Multi-Factor Authentication setup, where the Google Authenticator QR code now displays correctly for all users.
Read our full release notes here:
Learn more about Class Super, Class Trust, Class Portfolio and NowInfinity.