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 …
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Collateral 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 readingVoted best employer in South and southern Africa
Strate has been voted the southern African best company to work for regional winner in the 2012 Deloitte Best Company To Work For Survey’s small companies category …
Continue readingStrate selects TCS BaNCS for Fixed Income Depository operations
Strate will be deploying the Market Infrastructure solution from the TCS BaNCS product suite to replace its current legacy Bond Market System, UNEXcor. TCS provides business application solutions to …
Continue readingEuroclear opens a Segregated Depository Account at Strate
One of Europe’s providers of post-trade services, Euroclear, has opened a Segregated Depository Account, allowing for the legal record of ownership to be recorded at CSD level …
Continue readingSeason’s Greetings …
Wishing you peace and joy over the festive season and a prosperous 2013 …
Continue readingSouth Africa at the forefront of Integrated Reporting
Strate has joined a number of international organisations, as well as four other prominent South African companies, to develop a technical framework for Integrated Reporting by 2013. It is one of over 80 organisations that are involved in the pilot phase of the …
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 readingAdvances in the LEI code
A number of advances have been made with Legal Entity Identifiers (LEIs) since September that will change the way companies do business in the near future …
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 …
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