CommSec Retail

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Overview


BGL has integrated with CommSec Retail Services where CommSec provides BGL with a daily data feed. There is no charge for this service. Authority needs to be granted to BGL to utilise this service in Simple Fund 360.

 The following information is imported through the data feed:

  • Investment movements (purchases and disposals)
  • Cash transactions are not imported through the Retail feed. A separate source such as the BGL Bank Data Service can be used to import the bank data.


Historical Data Available?

CommSec Retail will send though historical balances (which will be used in the Balance Review Screen). Transaction history will not be available.

How will transactions be coded?

Investment transactions will be allocated to the correct account in Simple Fund 360. For purchases of new investments not previously held by the fund, new accounts will be created and transactions will be automatically allocated.

 

Which transactions will be matched? 

Investment transactions (purchases and disposals) will be automatically matched to their corresponding Cash transactions by Simple Fund 360 if they are being loaded through a bank feed such as the BGL Bank Data Service.

 

Navigation


 

From the Main Toolbar, go to Connect. d28607b83d3d97b544df2c251a914ff96157bad957b015c798de711e3d7f63f6.png
Select Feed Management from the list.

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Select the Wraps and Platforms Global tab.

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Setup


  1. From the Wrap and Platform Global tab, select the (+) Setup button. .

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  2. In the Wrap Feed Setup screen the entity name will appear.

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  3. Select CommSec as the Feed Provider.

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  4. Input the External Reference/Account ID.

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    Note: if data has been entered manually for this feed prior to its activation, input a Do not import data before date in the relevant field to the last date of manual data entry. 
  5. Leave the Bank Account field blank.  You will need to add the CBA retail settlement account to the BGL Bank Data Feed service to receive transaction information automatically. 

  6. Authority must be granted before the CommSec Retail feed can commence. Please email Commsec Retail authority form to CommSecTechSupport@cba.com.au. Authority form can be obtained during setup within SF360.

  7. Select Save. This step will need to be completed for each fund that will be using the CommSec feed in Simple Fund 360.

    If you receive the message "bank account already has a bank feed operating" the bank account selected in step 5 is already being used under another bank feed such as Xero, Macquarie or the BGL Bank Data Service. You will need to edit this bank account through the Bank Feed Management Screen and change the Feed Provider to None.

Feed Activation & Import


Once the feed has been saved, the feed will appear with the status Awaiting Transactions, with the toggle set to On. Do not switch this off.

Simple Fund 360 will automatically load transactions from the date of activation. Activation can take up to five to ten business days for data to be uploaded into Simple Fund 360.

The following information is imported through the data feed:

  • Investment movements (purchases and disposals)

How will transactions be coded?

Investment transactions will be allocated to the correct account in Simple Fund 360. For purchases of new investments not previously held by the fund, new accounts will be created and transactions will be automatically allocated.

 

Which transactions will be matched?

Investment transactions (purchases and disposals) will be automatically matched to their corresponding Cash transactions by Simple Fund 360 if they are being loaded through a bank feed such as the BGL Bank Data Service.

Re-Request


  1. From within the Wraps and Platforms Global tab, select the fund(s) to complete the re-request for.
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  2. Select the Re-request transactions button that has appeared at the top of the screen.
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  3. From the Re-Request Transactions screen, input the dates Do Not Load Before (earliest import date) and Do Not Load After (last import date). Transactions within this date range will be requested and imported from CommSec.

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  4. Select Import.

Note: The re-request function can be used to import transactions from the date authority was granted for the use of CommSec as a feed for the fund.

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