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Overview


Macquarie Wrap is an investment platform designed to manage a range of different asset types. Macquarie Wrap clients can now have data uploaded into Simple Fund 360 using a direct feed. 

Important: Macquarie CMA and Wrap


Simple Fund 360 clients using a Macquarie Bank Feed to import banking transactions please note the following:

  • If the Macquarie Wrap feed contains the cash account information this account will not need to be setup as a separate feed in the Bank Feed Management screen as the information will be uploaded via the wrap (however the bank account will need to be added to the Chart of Accounts);
  • If a bank feed has already been setup for the Macquarie cash account in Simple Fund 360 and the Wrap feed contains the cash transactions the original bank feed can be stopped. To stop the feed, in the Bank Feed Management Screen edit the Macquarie account and change the Feed Provider from "Macquarie Adviser" to "None - Manually Input or Import".

When setting up the Wrap feed for Simple Fund 360, if transactions have been loaded for a period during the financial year from the Macquarie Cash Account you can input a date in the "Do Not Import Before" field when setting up the feed.

Shared Credentials

Please note that Macquarie CMA and Macquarie Wrap share the same set of credentials. If these are changed in either service, the other corresponding service will need to update its credentials to match.

Initial Macquarie Wrap Setup


Please ensure that the Macquarie Wrap Accounts are linked to your Macquarie Advisor account before proceeding. Click here to download the authority form to distribute to your clients to be able to use the Wrap service.

  1. Users need to log into the Macquarie Wrap website. 

    If you have already obtained esi details for the Wrap account (as you may use them in another software) do not re-request these details. Proceed to the next tab to input them in Simple Fund 360.

    Note: esi credentials for a Macquarie Bank Feed (CMA) are different to the Wrap details so a separate set is required for the Wrap account.


    From the Macquarie Wrap website main page, select Reporting and then select Client & Adviser from the dropdown. 



  2. Select esi authentication details



  3. An Authentication Code and Authentication Password need to be generated by clicking on the ‘request new esi authentication details’ hyperlink. Users will then be prompted to enter their Macquarie Access Code and password.



  4. To generate authentication details click Authorise.

  5.  The authentication details will now need to be entered into Simple Fund 360. 

    Note: The Authentication details generated from the Macquarie website expire on a yearly basis. Therefore, every year, these details need to be regenerated from the Macquarie website and re-entered into Simple Fund 360.

Input ESI Credentials in SF 360


  1. Once the Macquarie esi credentials have been obtained in the prior step, the details will need to be input in the Adviser Management screen in Simple Fund 360. This step is completed once for your firm (unless you have two sets of credentials, then add both in).  

SF360 Feed Setup - Each Fund


From the Main Toolbar, go to Connect.
Select Manage data feeds from the list.

Under the Wraps and Platforms section, select Start Using.

  1. From the Wrap and Platform Feed Management screen, select Add Feed



  2. The Setup Wrap and Platform Feed screen will appear. The fund name will appear. 



  3. Select Macquarie Wrap as the Feed Provider. 



  4. Input the External Reference/Account ID

    The External Account ID can be found on the wrap statement or on Macquarie's website. It is a unique account number that is attached to one fund only, financial planners/advisors should be able to provide this number.

  5. Select the Bank Account for the fund the authority is being granted for.



  6. Select Save

Transaction Import


The following data is imported through the direct feed:

  • Investment movements (purchases and disposals)
  • Income transactions (dividends, distributions and bank interest)
  • Bank transactions
  • Bank and Investment balances

How will transactions be coded?

All cash and 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.  Dividends and distributions will be matched to account 23900 and 23800 respectively during upload using the ASX codes. Interest income will also be automatically coded to the linked 25000 interest account.


Can historical transactions prior to the feed activation be uploaded?

Yes. Historical transactions are requested upon feed activation for Simple Fund 360. Perform a transaction re-request to obtain historical data.