Broadridge Financial Solutions has launched a new suite of products to help financial intermediaries in the digital asset space meet current and emerging disclosure regulations.

Called ClearFi helps broker-dealers, exchanges, and wallet providers provide their clients and participants with useful on-chain and off-chain information about digital assets, including cryptocurrencies, stablecoins, and DeFi innovations made available through their platforms.

“[Financial intermediaries] are all eager to ensure that everyday investors have information to know what their investment products are,” explains Rob Krugman, Broadridge’s chief digital officer. “By working with industry partners throughout the process, we’ve created a platform that helps investors and advisers quickly access, better understand, and monitor their digital asset investing.”

ClearFi was built with the needs of investors in mind, stemming from discussions with partners and research on the information investors say is important to them.

A recent Broadridge survey finds that many investors want basic information that is otherwise difficult for them to access because it is both on- and off-chain, and that others want to better understand how to evaluate digital assets. Additionally, client conversations highlight a clear need for a broad agreement to provide investors with standardized and tailored information to address needs that evolving regulatory frameworks are looking to address.

ClearFi consolidates and aggregates both on- and off-chain information and content to provide an overview of the digital asset, including information on the underlying technology, tokenomics, governance, and purpose. The information provided is updated in near real-time.

The information is mapped to a standardized taxonomy, enabling intermediaries, including exchanges, brokers and asset managers, to provide insights into the assets available on their platforms.

Developed within Broadridge’s innovation lab 605 Studios, ClearFi is available globally through a web interface and application programming interface.