BGL Corporate Solutions integrates with cryptocurrency platform Swyftx
BGL Corporate Solutions have announced a new Simple Fund 360 and Simple Invest 360 integration with cryptocurrency platform Swyftx.
The integration delivers an automated daily data feed from Swyftx into BGL’s Simple Fund 360 and Simple Invest 360 platforms.
The data feed includes:
- Cash and cryptocurrency transactions.
- Cash and cryptocurrency balances.
This eliminates manual data entry and provides BGL clients with accurate, up-to-date cryptocurrency data across SMSF, company, individual and trust portfolios.
“We’re excited to welcome Swyftx to the BGL Ecosystem,” said BGL Chief Executive Officer Daniel Tramontana. “As digital assets become more prominent, this integration ensures our clients have seamless access to accurate, real-time cryptocurrency data, helping them stay ahead in an increasingly complex investment landscape.”
“The speed at which crypto is being assimilated into Australian SMSF and trust portfolios is significant and requires large crypto brokerages like Swyftx to have efficient transaction integrations to support clients. Our integration with BGL addresses this challenge directly. By automating transaction data directly into the BGL Suite, we provide the secure infrastructure required to ensure digital asset portfolios are easily managed, audit-ready and scalable,” said Andrea Yuen, Co-CEO at Swyftx.
“By automating the process for every cryptocurrency purchase and sale, BGL clients can significantly reduce time spent on administration while minimising the risk of human error,” added Tramontana.
Once the data is imported, BGL’s AI-powered Smart Matching technology automatically allocates transactions, streamlining capital gains tax (CGT) calculations and simplifying cryptocurrency portfolio reporting.
This integration reinforces BGL’s commitment to delivering innovative, automation-driven solutions that help accountants and advisers confidently manage increasingly complex investment portfolios.
