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
Previous article
Contour: Launches domestic offering in Bangladesh
Next article
Moleaer: Closes $9M Series B Funding
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.

You May Also Like

FinTech

TikTok Seeks Financial Services Licenses in Brazil, Expanding Digital Reach

The platform aims to tap into Brazil's growing fintech market.Highlights: TikTok is applying for financial services licenses in...
FinTech

CaixaBank Strengthens Crypto Investment Services for Clients

The bank expands its offerings to include digital asset investments.Highlights: CaixaBank introduces cryptocurrency investment services to its clients.Clients...
FinTech

Monzo Shuts Down US Business to Focus on European Expansion

The UK-based fintech firm redirects efforts towards Europe amid challenges.Highlights: Monzo announces the closure of its US business.The...
FinTech

Mastercard Strengthens Payments Network with Agentic Transaction in Hong Kong

The innovative transaction marks a significant step in digital payments.Highlights: Mastercard successfully conducts an agentic transaction in Hong...