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IntraFi RepoSM – Gain control over cost of funds and liquidity.

With IntraFi Repo, financial institutions can strengthen relationships with business and institutional customers while enjoying more control over cost of funds and liquidity.

Move deposits and securities off balance sheet.

Using IntraFi Repo, a financial institution can

  • Avoid turning away valuable customers whose deposits may otherwise negatively impact its balance sheet
  • Offer customers daily liquidity, the opportunity to earn a return, and the safety of having their funds backed by U.S. Treasuries (to 100.25-100.75%) or by agency MBS (to 101%)
  • Protect lucrative customer relationships
  • Enjoy fee income—your financial institution can receive a fee based on volume

 

How IntraFi Repo works.

IntraFI members can easily access the repo transaction platform via the Transaction & Reporting Portal.

  • A relationship institution enters into a repurchase agreement as agent for its customers.
  • The custodian, BNY Mellon, holds securities on the customer’s behalf and sends or receives funding by wire.
  • For the relationship institution, this is an off balance sheet transaction—funds and securities do not reside on its balance sheet and it retains the customer relationship.

IntraFi Repo can help banks, brokerage firms, and other financial institutions to build valuable relationships and manage liquidity. The service is provided by Assetpoint Financial, LLC, a wholly owned subsidiary of IntraFi Network LLC. A representative of Assetpoint Financial can help you get started. To learn more contact us today.

The IntraFi Repo service is provided by Assetpoint Financial, LLC, a wholly owned subsidiary of IntraFi, LLC and a member of FINRA and SIPC. Use of the IntraFi Repo service is subject to the terms, conditions, and disclosures set forth in the IntraFi Repo agreements, including the IntraFi Repo Service Agreement. Assetpoint Financial, LLC does not purchase or sell any securities in connection with repurchase agreement transactions effected using the IntraFi Repo service.