The new arrangement introduces a triparty structure designed to advance asset protection, transparency, and operational resilience across GBM's prime brokerage platform
Completed using Broadridge’s new tokenisation capability, the issuance showcases how market participants can leverage tokenisation and blockchain technology to unlock the benefits of instant settlement and transparency
The securities finance pre-trade solution is now in daily use by Citi and other global financial institutions, with further DPG clients in the final stages of implementation
Following the achievement, the two firms have partnered to launch a new title transfer model with a pledge-back feature, tailored specifically for UCITS clients