"Intraday repo allows us added flexibility to manage liquidity and help maximize use of capital, which was previously limited by technological barriers." "The global expansion of our DLR platform across both sell-side and buy-side firms is fostering a network effect of increased benefits and additional use cases," said Horacio Barakat, Head of Digital Innovation at Broadridge. "Broadridge continues to transform global repo market infrastructure by building our network and working with leading financial institutions like DRW, and Societe Generale." The DLR platform, which leverages Digital Asset's Modeling Language (DAML), provides a utility where market participants can agree, execute, and settle repo transactions, providing flexible settlement cycles based on counterparties' needs.