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DLT as a Service

Seamless and perfectly synchronised digital workflows from one of Australia’s most trusted DLT as a service providers.

Introducing Synfini, a world of collective intelligence, innovation and new value creation

Synfini, ASX's DLT as a Service offering, is a next-gen transaction synchronising technology that automates how businesses share and govern their multi-party workflow. This service enables the transition from traditional data siloed systems to a single, shared and trusted source of truth available to permissioned parties in the workflow. Through seamless connections, organisations are able to work together in a new way creating new value for customers and end users.

Moving to a DLT enabled multi-party system is transforming entire industries by revolutionising the way businesses operate, innovate and collaborate.  Industry value chains can be simple or complex, with each party managing its own manual processes in disparate systems. Manual reconciliation is often required to remedy inconsistencies in information and transactions. With Synfini, all parties are brought into a private permissioned multi-party workflow. This synchronises the tracking of the transaction data through the value chain, reducing risk, cost and complexity whilst increasing compliance and privacy.

Synfini is now production ready

With the launch of the DLT cloud environment, ASX is welcoming the first set of new customers to Synfini, who will deploy a range of DLT-powered solutions over the coming months.

Synfini has been chosen by KPMG as the platform to host its application. Broadridge, Boulevard and DigitalX are also early adopters of this innovative solution. 

Connect to the trust and ingenuity of the ASX ecosystem

Created by ASX, one of Australia’s most trusted organisations, and powered by VMware Blockchain and Daml, leaders in blockchain technology, Synfini delivers a best-in-class enterprise DLT solution.

As a market operator with a strong track record of managing key infrastructure for Australian financial markets and our customers, ASX balances innovation with trust. This highly available infrastructure will host CHESS, one of the world’s largest DLT applications, and provide access to approximately 4000 ASX customers, in a connected ecosystem for greater collaboration, value and impact.

Plug into ASX’s DLT as a Service

ASX Synfini provides DLT infrastructure, data hosting, ledger services and support, eliminating the need for organisations to run and support their own environment.

This reduces cost, complexity and risk as Daml app owners simply deliver applications and business solutions to subscribers who have the option of connecting to any app in the ecosystem. Common libraries and applications provide additional data and tooling resources to support app development, hosting and operations.

Leverage the benefits of DLT as a Service for your business

Boost productivity

Develop applications quickly and efficiently utilising Daml smart contract language coupled with ASX infrastructure and services.

Use repeatable frameworks to simplify the process of updating or enhancing Daml applications.

Achieve greater efficiency in processing and verifying transactions and sharing agreed workflows with any approved party.

Access the library of standardised documentation in each multi-party workflow.

ENHANCE FLEXIBILITY

Connect with organisations and resources in the Synfini ecosystem.  More customers create greater synergies and value, resulting in a more dynamic environment for development.

Leverage ASX’s DLT technology to quickly and cost effectively build applications, with the ability to start small and scale up as your multi-party workflow needs expand. 

INCREASE RELIABILITY

Reduce operational risk by combining contingent workflows into a single transaction for simultaneous execution through Synfini.

Utilise Daml’s in-built permission control to guarantee correct authorisation on all actions in a smart contract.

Use deterministic execution of transactions via Daml smart contracts to reproduce the program across all nodes on a network, enabling quicker delivery time to market.

TAKE CONTROL

Determine business conditions to govern your workflow and let Daml smart contracts automatically enforce these.

Remove the need for manual processing and reconciliation by accessing a synchronised, real-time and immutable audit trail.

Secure permissions with automated transaction management that create tamper-proof records, building a more reliable and trusted ledger for all parties.

Enable parties to transact on the DLT or have view only access to DLT reports.

Get all the details

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