Cash Movements (Bank Transactions
|Investment Movements (Buys & Sells)
|Income Movements (Dividends & Distributions)
BT Panorama provides the following integrations with Simple Fund 360
- BT Panorama to simple Fund 360 - A data feed from BT Panorama to Simple Fund 360 provides you with a daily data feed of assets held within an SMSF’s BT Panorama account including cash and investment information, market values, transactions and income components. It can be granted on either an Adviser or Account level and a Historical data refresh is provided by default.
- Simple Fund 360 to BT Panorama - A connection can be activated to automatically retrieve external asset and additional SMSF information (such as member balances, member contributions caps and pension limits) from BGL Simple Fund 360 through to an SMSF’s BT Panorama account.
Request authorisation to receive a data feed of your client’s BT Panorama account data into your Simple Fund 360 software:
For client’s WITHOUT a BT Panorama Adviser:
Ask your client to send an authorisation email to BT Panorama (template provided below)
|Email address: firstname.lastname@example.org
|Email subject: BGL 360 - BT Panorama data feed request
Dear Panorama support,
Please setup a data feed to BGL Simple Fund 360 for the below account(s) under my investor ID <2xxxxxxxx> with a daily update frequency.
“Account Number” + “Account Name”
I authorise my account data to be sent to BGL Corporate Solutions.
For client’s with a BT Panorama Adviser:
The following instructions are for the adviser to authorise the feed on the online BT Panorama platform.
1. When the adviser logs into BT Panorama, they will need to navigate to the Data Feeds Screen (Business > Data feeds).
2. Click on the ‘Create new data feed' button:
3. The below pop-up will appear where they will need to select the following;
Software – in this case, it will be ‘BGL Simple Fund 360’.
The subscription level – the adviser can determine whether they would like data to be sent to BGL for a single account, or for all accounts under the adviser.
If ‘Account’ subscription level is selected, the adviser will then need to select an account by entering the account name or account number.
4. Once they have completed the above, please tick the box authorising BT Panorama to send the data to BGL. Then click ‘Create Feed’.
5. The first file will then run overnight.
Setup in Simple Fund 360
To set up a BT Panorama data feed within Simple Fund 360, please navigate to the Feed Management screen and follow the below instructions.
|From the Main Toolbar, go to Connect
|Select Feed Management from the list.
|Select the Wraps and Platforms Global tab.
Within the Feed Management screen, click the blue Setup button to create a new feed.
Entity Name - Ensure that the correct entity has been selected.
Feed Provider - Select ‘BT Panorama’.
Account ID - Input the Account Number for the wrap account.
Bank Account - Select a Bank/Cash Account to link to this feed.
Do Not Import Data Before - Users can restrict the data that is imported by the feed by inputting a date. Clicking on the three dots will allow you to also enter a Do Not Import Data After date. If data has already been manually entered, this step will be necessary to prevent any duplication with manual work.
Account Mapping - Users are required to link asset accounts to the feed to ensure that data is allocated to the desired asset accounts. If this step is not completed, the system will create new accounts to allocate the data to. If this results in duplicate asset accounts, please refer to our help article Wrap Feed has created duplicate accounts?
Holding Accounts Report - Once BGL has begun receiving a data feed for the account, users can generate an excel report which displays all asset accounts and corresponding Security Codes and Portfolio Codes. This can assist with the Account Mapping process.
Save - Click this button to ensure that any changes made are saved.
The turnaround time will differ for each wrap and investment platform. If you do not receive a response within a week, please follow-up directly with the relevant wrap or investment platform.
The system can automatically match the following types of transactions provided that the debits and credits reconcile between the transactions and that the transactions are recorded within a similar date range.
Investment movements (Buys and Sells) and the corresponding Bank movement(s).
Income movements (Dividends and Distributions) and the corresponding Bank movement(s).
Any transactions which have not been automatically matched or coded by the system will need to be actioned manually.
If the Account Mapping process had not been completed when setting up the data feed within Simple Fund 360, then the system will create new accounts to allocate the data to.
If this results in duplicate asset accounts being created, please refer to our help article Wrap Feed has created duplicate accounts?
Simple Fund 360 automatically updates wrap feed distribution transactions with their respective final tax components when the annual statement is made available.
For more information, please refer to Distribution transactions and tax components.
Will tax data be uploaded through BT Panorama Wrap into Simple Fund 360?
For more information, please refer to Importing Tax Data through BT Panorama Wrap