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‘Out-of-balance-holdings syndrome’ tackled in SuperMate updates

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By sreporter
October 09 2018
1 minute read
Acquisition integration
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SuperMate has added two new integrations, set to be rolled out later this month, in a bid to enhance its reporting functions.

The SuperConcepts-owned software provider has integrated with Computershare and Link Market – both compliance-focused platforms – so users can see an accurate record of their share registry balance.

The features aim to reduce the amount of time professionals spend confirming, verifying and reconciling listed equities holdings.

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“We’re banishing the dreaded out-of-balance-holdings syndrome, and making sure that people can verify what’s held in their SMSF software,” said outgoing chief technology officer at SuperConcepts, Kurt Groeneveld.

“It also verifies to the latest data feed from the ‘source of truth,’ being the original share registry,” he said.

“This will vastly reduce the time spent on confirming holdings,” he added.