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 reading
In the 2013 BEE Audit, Strate has been categorised as a Level 3 Contributor, with an overall score of 77.26. The score was based on Strate’s 2012 Audited Financial Statements …Continue reading
Strate’s Collateral Management Project is on track to be implemented with Clearstream on 16-18 November 2013. The Clearstream technology, through sophisticated algorithms, automatically manages bilateral eligibility criteria for collateral, allocates the cheapest securities to deliver against open exposures and thus provides regular intra-day collateral optimisation, where possible. In addition, collateral top-ups and returns, cash margin calls, automatic substitutions as well as tracking of collateral placed and received are stand-out features of this world class solution for the South African market.
Strate is presenting a number of market workshops to continue educating stakeholders about Strate Collateral Management Services and its benefits. These benefits include meeting the growing need for the greater use of collateral for financial transactions in South Africa stemming from pending regulatory changes such as Basel III, Solvency II and the G-20 requirements for central clearing of standardised over-the-counter derivatives and improve the tracking and efficient use of collateral.
Collateral Management Conference on 31 October 2013
Strate, in conjunction with Clearstream, a subsidiary of Deutsche Bourse, will also be hosting an inaugural Collateral Management Conference on 31 October 2013 in Johannesburg to explore the different views on the impact the changing regulatory landscape will have on collateral management and the effects on the South African market. To RSVP, email info@Strate.co.za.
Should you require more details regarding the Collateral Management Project, please contact the Collateral Management team: Collateral@strate.co.za or via 011 759 5434.
QualityLife Company is proud to announce its partnerships with Nashua Mobile and Strate for its third Annual Wired Woman’s Conference to be held on 15 October at the Hyatt Regency in Rosebank, Johannesburg …Continue reading
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 …Continue reading
In 1945, the late Bishop Trevor Huddleston started soup kitchens in winter for hungry children in Alexandra and Soweto. Five years later, the first permanent feeding centre was established and the scheme was feeding 4000 children daily …Continue reading
Keep up to date with upcoming Industry events and book your seat now in order to avoid disappointment later …Continue reading
Strate joined in on the celebrations of Nelson Mandela’s 95th birthday by dedicating its time to the charitable cause of International Mandela Day on 18 July 2013 …Continue reading
Strate would like to congratulate Andrew Henderson, Senior Legal Counsel for Strate, for completing his Masters in Commercial Law offered at the University of Johannesburg (Cum Laude) with a minor dissertation in uncertificated shares …Continue reading
Strate is pleased to announce that it is strengthening its Issuer Relationship Management team. It has employed Thato Moja as an Issuer Relationship Manager within the current Stakeholder Relations team…Continue reading