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The PwC report @investig8 found recently has a wealth of telling...

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    The PwC report @investig8 found recently has a wealth of telling information contained in it and would appear that Wrkr is heading along the path of ticking many boxes it outlines, especially in the area of online security (the words "online security" is extremely broad and doesn't come close to describe the different aspects of security needed now to protect an individual's money and data and there is way more to look at with what Wrkr are concentrating on and have also implemented within the Wrkr Platform).

    The annual contributions processed was sitting at 165 million in 2020, according to the PwC report. With the onset of the government Payday Super mandate what will that number become? I recall Trent mentioning, in Wrkr's case, the multiple may play out around 2 - 3 times.

    How much more stress does this place on the network and is each and every transaction added, creating another opportunity and entry channel for a potential security breach and cyber threat?

    I believe Wrkr to be currently the frontrunners with "state of the art" security and cyber posture with the Wrkr Platform offering as a whole, going by recent announcements and webinars



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    I'm very excited about Wrkr's future.

    With ART already a client, Link Group done, REST done, HSBC done.

    With the Link Group contract in place now, that could allow Wrkr to be servicing over half of the Superannuation Industry. I would guess many super funds and businesses are turning their attention to Wrkr's platform for the very obvious steps they have taken in online security and of course many other areas in the business model.



    AIMO - DYOR - GLTAHs

    Cheers

    Jocko
    Last edited by jocko: 25/01/24
 
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