Class has been obtained ASAE 3402 Type I and Type II Assurance Report for the data feeds for the year ended 30 June 2023. 

ASAE 3402 Type I is a review of the design and implementation of controls for the Class Data Feeds system at a point in time.

This review provides confirmation the Data Feeds meet the following compliance standards:

• Monitored to ensure the correct account transaction data has been received
• Ensure controls were in place within the Class Data Feed system to receive the data
• Ensure internal controls were in place in order to manage security, integrity and availability of data

ASAE 3402 Type II provides additional assurance the controls were operating effectively over the past 12 months, for the year ended 30 June 2023.

These reports can be used by auditors to provide a level of assurance around the effective controls in place for Class' direct connect data feeds and reduce the level of substantive testing required during audits. 

A copy of the reports, can be requested by external auditors by contacting Class support support@class.com.au. Evidence that the external auditor is auditing the Class Fund will reviewed (i.e. the user is an Auditor invited to a Business or Fund/s in Class).