Broadridge DLR Platform Hits $9 Trillion in December Repo Volume on 490% YoY Surge
Broadridge's DLR platform processed an average of $384 billion in daily repo transactions in December, totaling nearly $9 trillion – a 490% year-over-year jump and a 4% increase from November. Management expects continued expansion in participants, use cases and transaction volumes in 2026 as institutional adoption of tokenized real-asset settlement accelerates.
1. Broadridge’s DLR Platform Achieves Record $9 Trillion in December Volumes
Broadridge’s Distributed Ledger Repo (DLR) platform processed an average of $384 billion in daily repo transactions during December 2025, bringing month-end volumes to nearly $9 trillion. This represents a 490% year-over-year increase and a 4% gain from November, underscoring rapid institutional adoption of tokenized settlement at scale. The sharp rise in daily average volumes signals growing confidence among banks and asset managers in distributed ledger technology for collateral mobility and operational resilience. For investors, sustained volume growth on DLR points to accelerating fee revenue potential and strengthens Broadridge’s position in the $12 trillion global repo market.
2. Strategic AI Investment in DeepSee to Enhance Post-Trade Efficiency
Broadridge has taken a minority stake in DeepSee, a Utah-based leader in agentic AI, and appointed Tom Carey, President of Global Technology and Operations, to DeepSee’s Board of Directors. The partnership will deploy AI-powered email orchestration within Broadridge’s Business Process Outsourcing unit, which serves over 60 clients and underpins daily average trading of more than $15 trillion across equities and fixed income. Initial use cases include automated inbox prioritization, workflow orchestration, and real-time SLA dashboards. Investors should view this investment as a catalyst for margin expansion: embedding AI in post-trade operations is expected to reduce manual processing costs by up to 30% and create cross-selling opportunities across Broadridge’s 7 billion annual communications touchpoints.