 ```python
from psychclone import *

redundant_computation = True
async_halo_exchange = True
openmp_colouring = True
intrinsic_inlining = True

def transform_psy(psy_obj):
    transformed_psy = psy_obj
    for invoke in psy_obj.invokes:
        if redundant_computation:
            try:
                transformed_psy = test_validate_with_a_function_call(transformed_psy, invoke, some_function)
            except TransformationError as e:
                print(f"Error: {e}")

        if async_halo_exchange:
            transformed_psy = test_apply_function(transformed_psy, invoke, async_halo_exchange_function)

        if openmp_colouring:
            transformed_psy = test_apply_function(transformed_psy, invoke, openmp_colouring_function)

        if intrinsic_inlining:
            for function_space in function_spaces:
                if function_space.name in invoke.function_space_names:
                    function = test_valid_return_object_from_name(function_space.name)
                    if function:
                        code_block = nodes_to_code_block(invoke.nodes)
                        inlined_function = _prepare_code_to_inline(code_block, function)
                        transformed_psy = teardown_function(transformed_psy, invoke, function_space_to(function_space, FunctionSpace(function_format(inlined_function))), FunctionVar(function_space.name, function_space_from(function_space), function))

    return transformed_psy
```