Strate’s Head of Risk, Dale Connock, was recently approached with questions from the Africa & Middle East Depositories Association (AMEDA) on the CSD Settlement Guarantee. Here is what he had to say …
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Monica Singer Appointed Vice President of AMEDA
Strate’s CEO Monica Singer has been appointed as the Vice President of Africa & Middle East Depositories Association (AMEDA). AMEDA was established in 2005 to reduce risks related to depository, clearing and settlement issues and to support efforts to raise efficiency …
Continue readingUpcoming industry events
“Leave nothing to chance” with these upcoming events that will be sponsored or supported by Strate …
Continue readingThe importance of a Trade Repository
In the aftermath of the global financial crisis, great concern was expressed over the lack of transparency and risk management of the over-the-counter (OTC) derivatives market …
Continue readingLiquidity Alliance launched to address global collateral crunch
The goal of the Liquidity Alliance is to exchange information, identify common needs and to extend global collateral solution. The Alliance will be a dynamic forum and open to additional participants from all regions …
Continue readingStrate launches Corporate Action Services
Strate is pleased to announce the creation of the Equities Corporate Action Subscription Services (ECASS). The product / service is aimed at assisting users to obtain standardised corporate action information …
Continue readingCollateral squeeze – who can afford it?
When Lehman Brothers faced collapse, pressing margin calls and the lack of liquidity exposed the interdependencies and weaknesses of the financial markets and sparked the Global Financial Crisis (GFC) …
Continue readingNew CPSS IOSCO Principles are leaving nothing to chance
The infamous largest passenger liner of its time, the RMS Titanic, promised the world it would not sink and yet its powerful design still was no match for the iceberg that sent it to its underwater grave. Similarly, there were those financial entities who claimed that they were too large to fail …
Continue readingPrinciples to further reduce counterparty risk in Close-Out Netting agreements under way
From 1 to 5 October, the International Institute for the Unification of Private Law (Unidroit) met to consider draft Principles on Close-Out Netting, a tool that South African institutions use to reduce exposures to the insolvency of a counterparty …
Continue readingSegregated Depository Accounts (SDAs) come to the aid of pension funds wanting to invest in hedge funds
A number of stringent conditions have been placed on pension funds that wish to have hedge funds in their portfolios, which must be complied with by November 2012 …
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