Broadridge's Distributed Ledger Repo Achieves 392% Year Over Year Growth; Processes $8 Trillion in March
Get Alerts BR Hot Sheet
Join SI Premium – FREE
"As use cases, participants, and volumes expand, DLR is playing a leading role in the future of repo and capital markets," said
Broadridge's latest whitepaper with Finadium found that intraday DLR can improve balance sheet efficiency for participants by reducing the need for external funding or redeploying capital for other business uses. The analysis uncovered that a 15% use of intraday DLR could reduce intraday liquidity buffer needs by 8-17%, proving the transformative potential of distributed ledger technology applications.
As tokenization gains momentum across financial services, Broadridge is meeting the complexity of operating across traditional and digital ecosystems with established scale, critical market knowledge, and technological expertise. To learn more about DLR, the world's largest institutional platform for settling tokenized real assets, visit Broadridge's DLR.
Building on the strong momentum of DLR and its industry-leading role in tokenizing
About Broadridge
Broadridge Financial Solutions (NYSE: BR) is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.
Our technology and operations platforms process and generate over 7 billion communications annually and underpin the daily average trading of over
For more information about us, please visit www.broadridge.com
Broadridge Contacts:
Investors:
[email protected]
Media:
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/broadridges-distributed-ledger-repo-achieves-392-year-over-year-growth-processes-8-trillion-in-march-302737308.html
SOURCE Broadridge Financial Solutions, Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- ANCEL Launches BS300 and BS400 Super Capacitor Jump Starters to Expand Its Super Starter Lineup
- Al Dahra Releases Sustainability Report: From Foundations to Execution
- Vividion Therapeutics Doses First Patient in Phase Ib Combination Study of WRN Inhibitor VVD-214 in Patients with Advanced Colorectal Cancer
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share