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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.

Welcome to the next generation of connected enterprise

Synfini, ASX’s distributed ledger technology - or DLT- as a service includes all the infrastructure, platform, software and connectivity services that customers need to build a DLT application.

This eliminates the significant start up and operational costs while accelerating development and time to market.

Watch and learn more about building an application using ASX's DLT as a Service or get in touch with our team to trial Synfini in our Sandpit

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. Learn more about developing a Daml app on Synfini

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.

Reduce cost, complexity and risk with Synfini

By providing DLT as a Service, ASX Synfini removes the need for organisations to invest in, run and support their own environment

App owners can develop applications quickly and efficiently utilising Daml smart contract language coupled with ASX infrastructure and services.

Common libraries and applications provide additional data and tooling resources to support app development, hosting and operations.

Repeatable frameworks simplify the process of updating or enhancing Daml applications.

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

Accelerate innovation and time to market with DLT as a Service

By plugging into ASX’s world class DLT infrastructure and services, organisations can innovate quickly, speed up development time and capitalise on opportunities as they arise.

While those organisations that pursue a do-it-yourself DLT approach may find themselves encumbered by a time and resource intensive model, DLT as a Service moves a significant amount of management responsibility to ASX, significantly reducing the burden of setting up and running a DLT application.

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 single and multi-party workflow. This service enables the transition from traditional data siloed systems to a single, shared and trusted source of truth within an organisation and to permissioned parties in the workflow.

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.

Data silos | Manual and legacy systems

  • Disparate and manual single & multi-party workflows 
  • Unmatched data reconciliation between parties
  • Manual sharing of data to parties
  • Manual & complex verification of authenticity of data
  • Asynchronous database upgrades & segregated innovation

Shared, trusted data source | Node & synchronised system

  • Combined and automated single & multi-party workflows
  • Synchronised real-time audit trail, making reconciliation obsolete
  • Configured rights, obligations, permissions for all parties in each smart contract
  • Built-in verification of authenticity of data
  • ASX managed upgrades, capacity for customers to innovate

Synfini customers

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, which is creating and operating the NSW Government’s Building Assurance Solution, as the platform to host its application. The KPMG application will provide a Trustworthy Index for buildings based on the source and quality of the materials and contractors used in its construction. This will enable interested parties to distinguish between compliant, resilient buildings and non-compliant, problematic buildings.

Other early adopters include Broadridge, which is developing an application that automates and eliminates paper for off-market transfers in the equities market; and Boulevard, which is building an ownership register for private companies. DigitalX will host its Drawbridge app on Synfini, a RegTech application that helps companies reduce employee and director securities trading risks by automating the approval process.

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