Strate’s Collateral Management Services is being made available to financial institutions, after successfully integrating Clearstream’s collateral management [...]
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As South Africa’s Central Securities Depository (CSD), Strate is licensed to be the independent provider of post-trade products and services for the financial markets. Strate is internationally recognised as a Financial Market Infrastructure (FMI) that is trusted to use its state-of-the-art technology, international expertise and sound risk management framework to support and promote the safety and efficiency of the financial markets.
Strate provides electronic settlement of equities and bonds transactions concluded on the Johannesburg Stock Exchange. It also settles transactions in money market securities and has recently introduced a collateral management service. Strate offers an asset servicing product range which augments the services it offers to issuers in terms of the Companies Act (2008) and the Financial Markets Act (FMA) (2012).
JHB, 21 April 2015
The mitigation of counterparty credit risk, asset protection and liquidity management are some key lessons for treasurers.