Strate is South Africa’s central securities depository and a tri-party collateral platform. Its purpose is to serve the financial markets and help build local and international investor trust in the South African financial system.
As the central depository to which multiple exchanges, issuers and other market participants connect, Strate safeguards the ownership rights of investors in securities and other assets using digitally-enabled processes.
Through its tri-party collateral platform, it connects collateral givers and receivers in an efficient and robust way that leads to the traceable re-use of capital and other assets as collateral for other economic activity.
Strate has served the South African financial market for over 20 years. It is governed by the Financial Markets Act, 2012 and overseen by the Financial Sector Conduct Authority (FSCA) and South Africa’s Prudential Authority.
It also facilitates corporate action (such as dividends) payments for those issuers, as well as other services in terms of South African legislation. In addition, value-adding services are available, such as collateral management, IT services and training.
For more information, visit: www.strate.co.za