Broadridge collaborates with fnality to enable real-time settlement for intraday repo transactions

Fnality's digital representation of funds held at central banks serves as a settlement rail for broadridge's dlr platform bringing greater efficiency, liquidity and risk reduction to financial markets in both the u.s. and europe new york , april 9, 2025 /prnewswire/ -- global fintech leader broadridge financial solutions inc. (nyse: br), today announced the completion of a successful collaboration with fnality, a blockchain-based wholesale payments firm, demonstrating interoperability between broadridge's distributed ledger repo (dlr) platform and fnality's payment system (fnps), showcasing the transformative power of tokenization in financial markets. this work paves the way for real-time delivery versus payment (dvp) settlement of intraday repo transactions, leveraging a digital representation of funds held at central banks – a vital enabler of digital financial markets – as a settlement rail.
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