or a company responsible for the facilitation of risk management in the financial markets, it is imperative that it ensures market participants and stakeholders have the opportunity to upgrade their education and knowledge. This will ensure that risk is further mitigated in South Africa.
This is exactly what the country’s licenced central securities depository (CSD), Strate, has to do to meet its overall objective: To provide innovative solutions that facilitate the management of risk. It continuously commits itself to educating and upgrading the standing of individuals working in the Securities or Financial Services industry.
Strate recently introduced the Money Market Settlement Officers Module to its current suite of Strate examination modules. This has been designed for individuals operating within the operational divisions of Trading, Clearing and Settlements as well as Capital Events in the financial markets and who wish to receive a Strate Money Market Settlement Officers certification – a certification that may also be a stepping stone to obtaining a full Strate Compliance Officers certificate.
Strate also offers training and exams for equities, bonds and money market securities and has partnered with the South African Institute of Financial Markets (SAIFM), offering online examinations through the use of SAIFM examination facilities. For information on Strate Training, email email@example.com.
Strate Ltd is proud to be the licensed Central Securities Depository (CSD) for the electronic settlement of financial instruments in South Africa. As the trusted independent provider of innovative post trade products and services in Africa, Strate offers state of the art technology, international expertise and global best practice to the financial markets.
Strate provides electronic settlement for securities including equities, bonds and derivative products such as warrants, Exchange Traded Funds (ETFs), retail notes and tracker funds for Africa’s largest stock exchange, the Johannesburg Stock Exchange (JSE), and equities for the Namibian Stock Exchange. It has now added the settlement of money market securities to its portfolio of services. It provides services to Issuers for their Investors in terms of the Companies Act (2008) and Securities Services Act (SSA) (2004).