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Broadridge Financial, Fnality Team Up for Real-Time Settlement of Intraday Repo Transactions
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Broadridge Financial, Fnality Team Up for Real-Time Settlement of Intraday Repo Transactions
Apr 9, 2025 1:13 AM

03:57 AM EDT, 04/09/2025 (MT Newswires) -- Broadridge Financial Solutions ( BR ) said Wednesday it formed a collaboration with blockchain-based payments firm Fnality to enable real-time delivery versus payment settlement for intraday repo transactions.

The collaboration leverages Fnality's digital representation of funds held at central banks as a settlement rail for Broadridge's distributed ledger repo platform, the company said.

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