For proponents of distributed ledger technology, adoption should be like a slow burn: it’s not destroying everything in its path, but slowly and surely, it’s spreading across the financial markets. That’s at least how Broadridge’s Horacio Barakat thinks of the much-hyped, much-maligned tool.

“It has the potential to provide a step change improvement for capital markets,” he says. Broadridge’s new DLT-based repo platform is a representation of that philosophy.

Broadridge launched the offering