History in the making as the bond market is set to evolve
South Africa’s bonds market is undergoing a huge change in its settlement technology, bringing numerous benefits. With an average R2.4 trillion bonds under Strate’s custody, the market will soon enjoy using one of the best and most-used CSD technologies globally that will replace the current UNEXCor clearing and settlement system – Strate’s Debt Instrument Solution (DIS) – in 2017.
This technology will introduce numerous benefits. Post trading and pre-settlement processes will be automated with DIS and major changes will be made to the settlement model, including a greater flexibility for multiple settlement runs throughout the day and the introduction of cash payments for capital events via the South African Reserve Bank.
You can be the first to understand these historic changes by attending one of the Strate Academy’s public seminars on DIS.
Who must attend “DIS”:
All individuals working in, or interacting with parties who operate in the securities industry, will benefit from exposure to this seminar.