News from FSL – October 2019

This is the 1st edition of our newsletter and it will be a quarterly email which includes updates of our company and products etc. If you are not interested, please click here to unsubscribe. If you know any of your colleagues who may be interested, we deeply appreciate if you can recommend and forward our newsletter to them for subscription.

Product & Service Update


Going Chrome:
The latest version of CGiX is now fully compatible with Chrome, as an increasing number of users are heading toward Chrome being their main browser solution.

Allowing multi-company Single Sign-on:
Windows Authentication is now available to users of CGiX who run multi-company instances.

Multi-company CGiX:
Recently we have successfully supported a number of clients move from a single-company to a multi-company instance of CGiX which affords them more flexibility in supporting their business needs.


New What-if modelling tool for Front Office:
The tool is currently under development and testing. It has:

  • Functionality consolidation and refinement;
  • Enhanced user customisation capability;
  • Brand new, modernised user interface;
  • Fully functioning volatile disposal scenarios;
  • Easier reporting straight from the module;
  • Updated report format in line with CGiX reporting.

Further details on its release date will be available later this year.

Offshore Reporting Funds Data (ORF):

Big increase in customers:
We have seen a 60% increase in ORF customers following HMRC’s “Requirement to Correct” policy. This highlights the importance of this data and the challenges that still exist in obtaining the information.

Flexibility in data delivery:
We are now able to offer output from various formats to provide the figures directly into CGiX.

FSL Blog Update

Offshore Reporting Funds Data:
Are you aware of the difficulties in acquiring accurate ORF data and why more and more firms are outsourcing this requirement? Click here to read the short summary produced by our Data Team.

ESG Data:
Do you want to know about the different types of ESG data providers in the market and the variations in data they provide? You may want to read this article written by our Research Team.

FSL Rank in Top 50 London Tech Firms:
FSL achieved the 26th place in BusinessCloud’s London Tech Top 50 ranking, which also includes Revolt, Monzo and Starling Bank.

CGiX Wins System Award:
FSL were proud to win the Best Capital Gains Tax System at the Goodacre Systems in the City awards on 11th July.

Partnership with Acutest:
In order to focus on the core business, FSL have partnered with Acutest since 2016 for its expert testing services.

New Starters at FSL:
Since the beginning of 2019, we have welcomed four new members to our team.

JP Morgan Corporate Challenge:
FSL joined the JP Morgan Run  in London’s Battersea Park for the 6th time.

CGiX User Group

Furniture Makers Hall,

9.00am – 1.30pm,
Tuesday 15th October 2019

Due to popular demand, we are relaunching the CGiX User Group in October.

This half day session will include:

  • Updates from FSL
  • Market intelligence briefing
  • Discussions on enhancements & new developments.

As well as the chance to network over lunch with other CGiX users and catch up with your FSL contacts.

If you are interested, please click the button below to reserve your place. For any further information, please contact Andrea Webb on +44 (0)20 7011 9991.

25th Year Anniversary

The genesis of FSL and CGiX was in the front room of a small terrace house in Greenwich, South East London by a young, entrepreneurial developer called David Pirrie. At the time it was ground breaking software which he named ‘CGiX’ by compressing the words ‘CGT’ and ‘indexation’.

There was an immediate interest in the product from wealth management companies and in August 1994, Stockbroker Software Ltd (SSL) was formed to take CGiX to market. The company name was changed to Financial Software Ltd (FSL) in 1997 to more closely reflect what it did.

As we celebrate 25 years as a company our founder, David Pirrie, reflects on what shaped FSL and our product into the award winning software it is today. Look out for a more descriptive blog article on the history of FSL written by David Pirrie – coming soon.

“25 years as a leading software and service provider to the financial services industry is a truly great achievement. However, we are already looking to the future and are busily developing new products and services. This will enable us to fulfil our current and future clients’ diverse requirements, not only in the CGT space but also in other related areas.”  Ken Gillingham, Managing Director.