Broadridge Collaborates With Fnality to Enable Real-Time Settlement for Intraday Repo Transactions
April 9 2025
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.