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…
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Centralised 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 readingStrate Waives Fees for Phase 1 of the JSE T+3 Project Implementation
Over the weekend of 20-22 July 2013, the Johannesburg Stock Exchange (JSE) implemented Phase 1* of its T+3 Project aimed at reducing the settlement cycle from the current T+5 to T+3. Phase 1 of the project involved separating JSE Members’ proprietary and controlled accounts at both Strate and at the CSD Participants…
Continue readingCSD12 Update
The Association of Eurasian Central Securities Depositories (AECSD) hosted the 12th Conference of Central Securities Depositories from 29 May 2013 to 31 May 2013 in Saint Petersburg, Russia Federation…
Continue readingMonica 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 readingUpdate on Strate’s Collateral Management Project
Strate’s Collateral Management Project is on track to be implemented in November 2013. The project aims to meet the growing need for the greater use of collateral for financial transactions in South Africa, allowing banks to free cash on the balance sheet in order to meet Basel III requirements and improve the tracking and efficient use of collateral.
Continue readingCompanies’ share register information is not restricted by new laws
While the Protection of Personal Information Bill (PoPI) and the Financial Markets Act 2012 (FMA) will have an influence on the manner in which companies and Strate respectively deal with personal information, access to the companies’ share registers by the shareholders and the public in terms of the Companies Act will not be affected by these new laws.
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 readingSecond Integrated Report now available
Less than six months after announcing Strate’s commitment to the pilot phase of the International Integrated Reporting Council’s (IIRC’s) programme, Strate has published its Integrated Report for the 2012 reporting period.
Continue readingStrate tops “Bluprint DNA Ratings”
Over seven years ago, Strate embarked on a process to “define its DNA” through a consulting company called Bluprints. Strate was able to identify 14 principles that added value to the business (have to haves) and 14 principles that detracted value from the business …
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