G7 Securities Joins Broadridge's Tokenized Repo Platform
Broadridge Financial Solutions, Inc. has announced the global expansion of its Distributed Ledger Repo (DLR) solution, which now includes G7 Securities as a participant. This integration aims to enhance the execution of international cross-border repo transactions, facilitate intraday repo activities, and streamline collateral movements through atomic settlement.
The DLR solution is designed to provide market participants with an institutional-scale platform that leverages distributed ledger technology. By incorporating G7 Securities, Broadridge aims to improve efficiency and transparency in the repo market, which is crucial for liquidity management and financing in the financial sector.
Source: KLEA News