Broadridge partners with Fnality 09 April 2025US Reporter: Clelia Frondaroli
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Broadridge has partnered with Fnality to demonstrate interoperability between Broadridge's distributed ledge repo (DLR) platform and Fnality's payment system (FnPS).
The companies say the successful collaboration demonstrates greater efficiency in bringing liquidity and risk reduction to US and European financial markets, as well as more secure settlements.
It also marks the broader industry transition towards real time settlement in Europe.
Horacio Barakat, head of capital markets innovation at Broadridge, says: "This leap forward is a key milestone in expanding our DLR platform interoperability to digital cash solutions and underscores our commitment to delivering innovative, cutting-edge solutions for our clients."
“Fnality and Broadridge are at the forefront of this evolution, providing the critical infrastructure needed to support accelerated settlement and unlock new efficiencies across global financial markets," adds Michelle Neal, CEO of Fnality International.
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