Strate takes on publishing agent role for Johannesburg Interbank Average Rate
The effort to enhance the credibility of JIBAR is part of the SARB’s broader plan to strengthen the reference rate’s role while an alternative rate is being developed.
Tag: South Africa
Charl Bruyns brings long career with Standard Bank to a close
Long-servicing Standard Bank investor services head to depart, as custodian outlines succession plan.
Standard Bank renews custody contract with South Africa’s government pension fund
Standard Bank will partner with BNY Mellon, building on their 23-year strategic relationship, to deliver on the GEPF mandate.
Northern Trust and Standard Bank partner for Southern Africa transition management service
Under the partnership, Standard Bank’s clients will gain access to Northern Trust’s full suite of transition management services.
Standard Bank wins custody mandate from South Africa’s largest brokerage
South Africa’s leading equities broker by volume selects Standard Bank for domestic custody and derivatives clearing business.
Societe Generale sells South African custody business to Absa
Absa to re-enter South African custody services after five years, as Soc Gen sells business and closes securities lending offering in the country.
Temenos to migrate 3,000 funds from Curo to its global accounting platform
Temenos partners with Curo to migrate 3,000 funds to its Multifonds Global Accounting platform after "highly competitive process”.
South Africa continues path of post-trade modernisation
It has now been two years since South Africa transitioned to a T+3 settlement cycle, but more is planned to modernise its post-trade infrastructure.
South Africa already eyeing up T+2 after successful T+3 rollout
T+3 transition lauded as major success with smooth migration and liquidity boost.