STRATE TRAINING Natalie Modley Strate Limited 3rd ACSDA Leadership Forum - November 2011.
-
Upload
emil-blair -
Category
Documents
-
view
216 -
download
0
Transcript of STRATE TRAINING Natalie Modley Strate Limited 3rd ACSDA Leadership Forum - November 2011.
Our Commitment
We are committed to the education and upliftment of individuals skills and
knowledge in the Securities industry
To ensure the market is kept abreast of changes in securities legislation, market
best practices and new developments
One of our “Self Regulatory” obligations is to provide, train and accredit “Strate
Compliance Officers”. A prescribe examination must be available
To strive to provide Strate and Securities related training seminars and material
to the market in a cost effective manner
Our Modules
Module 1- Introduction to and the basics of Strate, Legal Framework, Regulation and Supervision and Compliance
Module 2 - Equities settlements, Securities Lending and Borrowing, The Role of the JSE and The Shareholder Register
Module 3 - Equities Corporate actions and Risk
Module 4 - Introduction to Bonds, Bonds settlements, Yield-X and Account Structures
Module 5 - Bonds Corporate Actions and Risk
Module 6 - The History of the Electronic Money Markets, Types of Money Markets Securities, Institutions in the electronic Money Market and Electronic Registers
Module 7 - The Legal framework, Regulation and Supervision, Compliance and Risk
Module 8 - The Electronic Trade Matching Engine, Trading, Clearing and Settlement of Money Market Securities, Pledge and Release Pledge, Capital Events and SARB Transactions
Customised Training Seminars
Increase in demand for customised training in financial services
Programmes are designed in conjunction with clients to meet clients specific
needs
Competency assessments are completed
Training can take place at clients premises
PC based e-learning vs. audio disks (driving in traffic)
Strate Equity and Bonds Settlement Officer
Launched:
Equities – September 2010
Bonds – November 2011
Designed for learners who don’t want to complete the full compliance certification
Aimed at individuals who are operating within operational divisions of
settlements, securities lending and borrowing and corporate actions
On completion will be awarded Strate Settlement Officers Certification
Credit bearing modules for Compliance accreditiation
Our Partners
SAIFM (South African Institute of Financial Markets) – accredited examination
body
Integrity and standards of exams are upheld
Learner can write their exams across Southern Africa/ world-wide via authorised
invigilators
Each Strate module is examinable through multiply choice questions
Results are made available immediately to the learners
Pass rates for exams remain at an acceptable level with a 65% average across
all modules
Special Purpose Reserve Fund
Strate = Self Regulatory Organisation (SRO) = may impose monetary fines and
penalties
Fund set up by Strate Board
Give back to the market in the form of development and upliftment of skills in our
industry
Proposals to Strate Audit and Risk Committee for approval
All Strate Training and Exams are 50% subsidized by this fund
Our Clients
During 2011 training was provided to over 130 learners from 10 different institutions
in over 47 seminar days
A total of 534 learners have written the Strate examinations since inception in 2008
Questions
Leigh Bevis
Head of Client Relations and Training
+2711 759-5466