BankingBusiness

Broadridge: Launches DLT Repo Platform

Broadridge: Launches DLT Repo Platform

  • Broadridge Financial Solutions (NYSE: BR), a global Fintech leader with over $4.5 billion in revenues
  • Announced the successful go-live of its transformative distributed ledger repo (DLR) platform
  • Early participants of the blockchain-enabled platform are realizing significant and immediate benefits of reduced risk
  • The launch builds on the success of multiple pilots with sell-side and buy-side firms
  • DLR provides a single platform where market participants can agree, execute and settle repo transactions
  • The platform’s functionality significantly reduces the operating cost and risk of all repo activity, including intraday
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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