Over 95 Segregated Depository Accounts (SDAs) have been opened by JSE members, investors and custodian banks since they were introduced by Strate to enhance investor protection in the South African market. SDAs are opened by investors who choose to have their securities …
Continue readingCentralised Web Portal for CSD Clients Goes Live
Strate has implemented a new web-based portal to allow its clients to have a user-friendly tool that allows them to securely log on to an online portal, enabling them to communicate and transact with Strate…
Continue readingCitibank signs on for new Corporate Actions product at Strate
Citibank has signed on as a client to receive information on Strate’s Corporate Actions product range, which includes value- added services, such as Equities Corporate Action Subscription Services (ECASS).
Continue readingNew Corporate Actions product introduced
The launch of a new equities corporate actions product is expected to bring a number of benefits to the South African financial market, as users obtain standardised corporate action information that enhances the processing of these events …
Continue readingCash-based collateral dethroned
In a world scared by the events of 2008, considerable questions have been put forward regarding the mitigation of counter-party credit risk, the protection and use of collateral, and greater demands on transparency within the financial services arena…
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