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Broadridge’s DLR Handles $31B in Repos Daily

June 15, 2021 by Eugene Grygo

Broadridge’s DLR Handles $31B in Repos Daily

Post-trade systems and services provider Broadridge Financial Solutions officially launched on June 7 its distributed ledger repo (DLR) platform for bilateral repo trades that executed $31 billion in average daily volume during its first week. The blockchain-based transaction platform helps market participants “agree, execute and settle repo transactions,” officials say. Broadridge is hoping that the… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Buy-Side, Data Management, Industry News, Middle-Office, Operational Risk, Ops Automation, Outsourcing, Reconciliation & Exceptions, Risk Management, Settlement, Digital Transformation, FinTech Trends, Back-Office, Blockchain/DLT, Integration, Standards, Industry News Tagged With: automation, back office, bilateral, blockchain, Broadridge, Broadridge Financial Solutions, data management, distributed ledger technology (DLT), DLR, DLT, post-trade operations, repo trading, Securities Operations, settlement

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