GROW Inc develops a platform utilizing distributed ledger technology to enhance operational efficiency for superannuation and managed funds. Their solutions address legacy system limitations by providing real-time data access, seamless integrations, and automated processes, ultimately improving member experiences and operational transparency.
Funding
$85M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Superannuation and managed funds often struggle with outdated legacy systems, leading to inefficient operations, limited data accessibility, and suboptimal member experiences. These systems lack real-time data processing, seamless integration capabilities, and the automation needed to meet modern financial service demands.
Solution
GROW Inc offers a platform leveraging distributed ledger technology (DLT) to modernize superannuation and managed fund operations. Their solutions provide real-time data access, open architecture, and integration capabilities, enabling straight-through processing and improved operational transparency. By addressing the limitations of legacy systems, GROW Inc empowers financial institutions to optimize operations, enhance member experiences, and step into the future of financial services. The platform's modular design allows clients to innovate at their own pace, shaping an optimal operating model through flexible integrations and scalable infrastructure.
Target Audience
GROW Inc's primary customers are superannuation funds and managed funds seeking to modernize their operations, improve member experiences, and enhance operational efficiency through advanced technology solutions.
Features
- **DLTA Platform:** A DLT-based platform enabling innovation in financial services.
- **Member Online Portal:** A member-facing online portal providing a custom-built platform experience without significant investment.
- **Admin Online Application:** An administrative application offering enhanced transparency, access, and efficiency.
- **Real-time Data:** Provides immediate access to critical data for informed decision-making.
- **Open Architecture:** Facilitates seamless integration with existing systems and third-party applications.
- **Integration Capabilities:** Connects DLTA to other applications for streamlined operations.
- **Scalable Infrastructure:** Offers a highly scalable, reliable, accessible, and resilient architecture.