Breaking News
UBS Executes First Cross-Border Intraday Repo Trade on Broadridge Distributed Ledger Repo Platform
Global Fintech leader Broadridge Financial Solutions, Inc. (NYSE:BR), today announced that UBS (NYSE:UBS) and a global Asian bank have successfully executed the first cross-border intraday repo transaction on Broadridge’s blockchain enabled Distributed Ledger Repo (DLR) platform. This ground-breaking intraday trade marks the launch of the next phase in the rollout of Broadridge’s DLR platform. Continuing to build on the initial success of the platform and leveraging the growing expansion of the network across the global repo community, this is a major step forward to providing a more efficient means of intraday liquidity management.
“Intraday repo is a valuable tool to manage our liquidity usage and provides flexibility in our funding capabilities with reduced operational risk,” said Beatriz Martin, UBS Group Treasurer. “This accomplishment builds on the foundation we have established as an early adopter of the Distributed Ledger platform.”
The global expansion of the platform across both sell-side and buy-side firms enables a network effect of increased benefits and additional transaction types. Broadridge is a leader in bringing the benefits of distributed ledger capabilities to transform the global repo market, capturing $1 trillion dollars in monthly volume.
“This is the next step in executing on our vision of transforming global repo market infrastructure,” said Horacio Barakat, Head of Digital Innovation at Broadridge. “We are empowering leading financial institutions like UBS with the ability to dramatically lower risk and operating costs and see enhanced liquidity.”
This platform provides a utility where market participants can agree, execute, and settle repo transactions, providing flexible settlement cycles based on counterparts’ needs. The DLT Repo platform significantly increases settlement velocity and collateral mobility, thus making intraday possible. The platform also reduces the operating cost and risk of all repo activity, including well as overnight and term repos.
- Smartstream: The Evolutionary Leap from Process Automation to Full Autonomy Read more
- How NOTO and Opus Advisory Group Are Unifying Fraud Prevention | NOTO, Opus Advisory Group | The Fintech Show #163 Read more
- AQMetrics’ Strategy for Unifying Data, Scaling for AI, and Building Trust Read more
- MPE 2026: G+D Netcetera on the Payment Security Stack Driving Higher Conversion and Lowering Fraud Read more
- InsurTech NY: Camunda on Smarter Workflows Read more
Innovating Finance Together Summit Highlights the Power of Collaboration in a Fast-Changing Financial Landscape
Finastra’s inaugural Innovating Finance Together Summit, held in London, brought together more than 200 financial services professionals
MENA Fintech Association Welcomes Facephi as a Member to Support Digital Identity and Secure Financial Onboarding Across the Region
Facephi joins MENA Fintech Association at a time when financial institutions across the Middle East are accelerating digital transformation
CFIT Coalition Shows Financial Health Tools Could Unlock £5bn in SME Lending
CFIT has launched its latest report with a path to improving access to finance for UK SMEs - the backbone of the UK economy.
ABHI Partners with GCC Exchange to Enable Instant Wage Access and Seamless Remittances Across the UAE
GCC Exchange, a leading name in remittance and foreign exchange services across the region, has announced a strategic partnership with Abhi Middle East Limited, one of the MENAP region’s neobanks of the future and SME-lending fintech, backed by Hub71 and Abu Dhabi Investment Office. This collaboration is designed to enable UAE-based workers with real-time access to their earned wages, alongside efficient and reliable cross-border remittance services.
CTBC USA Chooses Narmi for Strategic Digital Banking Initiatives
Narmi, a leading digital banking platform provider for banks and credit unions, today announced that CTBC Bank USA has selected Narmi to support the bank's future digital banking initiatives.
Clear Street Expands European Market Access with MiFID II License in the Netherlands
Clear Street ("Clear Street" or "the Company"), a cloud-native financial infrastructure technology firm on a mission to give every sophisticated investor access to every asset in every market, today announced it has received authorization from the Netherlands Authority for the Financial Markets (AFM) to operate as an investment firm. The authorization marks a significant milestone in Clear Street's global expansion and establishes a licensed operating presence in the European Economic Area (“EEA”), which represents 27 European Union countries plus Norway, Iceland and Liechtenstein. This effort complements the Company's existing operations in the United Kingdom.
Proximus Global and Vilja Partner to Launch Embedded WhatsApp Services for Emerging Banks in Southeast Asia
Proximus Global, the leading international communications enabler, has partnered with Vilja, the cloud‑native core banking platform, to deliver embedded WhatsApp capabilities to emerging banks across Southeast Asia. The collaboration aims to help rural and cooperative banks expand access to digital financial services across Indonesia, Malaysia, and the Philippines.
Smartstream: The Evolutionary Leap from Process Automation to Full Autonomy
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
How NOTO and Opus Advisory Group Are Unifying Fraud Prevention | NOTO, Opus Advisory Group | The Fintech Show #163
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
AQMetrics’ Strategy for Unifying Data, Scaling for AI, and Building Trust
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
MPE 2026: G+D Netcetera on the Payment Security Stack Driving Higher Conversion and Lowering Fraud
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
InsurTech NY: Camunda on Smarter Workflows
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Finastra: What Banks Must Do for 2026
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
InsurTech NY: Fair on Closing Coverage Gaps
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]