A blockchain believer: Broadridge looks to expand its DLT influence

The market infrastructure provider has rolled out its blockchain-based repo transaction platform with plans to further build on the emerging technology.

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

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