Strate supports unlisted bonds market, providing key reporting services
Effective 1 October 2020, Strate is fully operational to support the reporting of unlisted bond transactions in South Africa. Following months of market testing, its secure and effective technology continues to facilitate reporting functions that were previously provided by the Johannesburg Stock Exchange. The Johannesburg Stock Exchange announced earlier this year their decision to discontinue providing this service.
To deliver an excellent client experience, Strate business and technical teams have been working closely with clients and the broader market to ensure the implementation of an effective solution that ensures a seamless and continuous service to the unlisted market.
“We are very proud of reaching this milestone and being able to serve the financial market with greater efficiency and effectiveness,” says Gregory Naicker, Head of CSD Services.
To find out more about how Strate serves the unlisted bonds market, email email@example.com.