Our firm uses Class and have done for some time now. We have shifted many funds from competitor products including BGL's old desktop solution as well its newer Cloud version and AMP's Supermate.
We have built a great business around the Class technology and has enabled us to build a highly scalable and automated practice where we now manage well over 1,00 funds and growing. It is a great solution no matter what size your practice is - the gains are the same, just on a different scale.
As you have already stated the software cost difference is negligible however the efficiency gains are enormous. Having used pretty much all systems in the market and keeping abreast of developments Class in MYO is the clear market leader by a long way despite the market rhetoric you hear from competitor product claims.
We are also using Class Portfolio which is turning out to be a fantastic solution to capture all of our clients entity info in one spot. The ability to create a consolidated portfolio is hugely powerful for us and our clients - just what our HNW clients have been screaming for for years (one spot to see all their stuff - with a well presented client login for their PC or Device). We've got a couple of hundred of these already and will continue rolling this out.
Hope this helps
CL1 Price at posting:
$2.80 Sentiment: Buy Disclosure: Held