WRK (ASX) Wrkr Platform uptake

Originally posted by investig8 ↑

Hi Jocko,

I realised from your comments below, that we have lost sight of how the Wrkr technology has evolved and now interacts with its market participants.

"

I'm very curious how the

"knitting"

as you put it, works between

payrolls

and

superfunds

if they were or were not using our

Wrkr technology

or doesn't that matter?

Do

payrolls

and

superfunds

have much interaction or is that not necessary whether they were to use

Wrkr

or not?

One

"backbone"

- technology - "platform" sounds like the logical choice."

To this end, I decided not to surmise any further and I have gone to great lengths to research the past 18 months of company announcements to collate the platform information in one spot under easy to follow headings.

It is a collection of management's explanations of the product / services that make up the current Wrkr Platform with some comments from myself and observations.

Taking a chorological approach, you can clearly see how the platform (service /products) have/are developing.

I found answer to things I guessed about before and a better understanding of how the platform in time, should interact with the individual end user (employee/ member) if the Company continues this path of development of the platform.

The research was way to big to place directly into a Hotcopper post, so I have provided the following Dropbox link;

https://www.dropbox.com/s/4yz8ewsfaqr1laq/Wrkr Overview.pdf?dl=0

I will leave paper there for the next couple of weeks and then remove it. I suggest you down load it and or print it out.
Be warned, its not a 5 min read, its 14 pages long, but if you take your time to understand how the platform has evolved, I am sure some of your questions if not all should be answered.

An exciting future is in the awaiting us. I have said before, if management can pull this off, it will be a game changing service in Australia.

And Jocko.... my wife has asked if you would stop asking me questions. She is sick of seeing the back of my head stuck in a computer

Regards,
Ian

Expand

Thanks for the great recap and refresh @invstig8!

Tell your wife to chuck a few dollars on WRK.......

One key point that is evident throughout your presentation is the fact that the company has not deviated from their original announcements (goals). What's been stated is now a reality in most cases and December was, I believe, the month where the tech was to consolidate.

The kicker, for me. will be the OPEN architecture, CDR! That's what most don't understand yet. What's it worth, well, probably hard to say as it is new. Who has pricing on it?

Wrkr could be a data holder and data recipient but I'm really not completely sure of the importance of that or even if Wrkr will be classified with respect to those two titles. OPEN superannuation may be categorised differently from articles I've read.

https://www.cdr.gov.au/resources/videos

I especially like this screenshot below.

I like this screen shot very much also as the Benefits component of the Wrkr Platform, when realised, effectively makes Wrkr a go between or deal broker due to the very powerful matching abilities created from the employee individualised warehoused data and continuous data capture.

I'm thinking, what sort of commissions do brokers receive???

When you have millions of employees using your platform daily, directly or indirectly, how many loans or insurance deals could you match successfully with the employees data and their consent to share with the relative service providers?

I'm also not sure what the "4. Wrkr Platform" is, but, if I hazard a guess, I'd say it's a tailor made market place for Funds or Enterprise. Those bespoke builds could be replicated and would run into the $millions.

AIMO - DYOR - GLTAH's

Thanks again @investig8!

Tell your Wife I'll go easy on the questions..... Haha!

Jocko.

Edit: I wanted to give you a great analysis also but HC won't let it happen.