Enhanced Securities Industry Training by Strate Limited

1. STRATE TRAINING Natalie Modley Strate Limited 3rd ACSDA Leadership Forum - November 2011

2. 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

3. Our Products and Services • Training Seminars – classroom style sessions which provide learners with an opportunity to gain an understanding of each topic in an interactive environment with fellow learners • Expanding to neighbouring countries • Training Manuals – comprehensive material covering equities, bonds & money market (the A – Z of Strate) • Knowledge & Audio Disks – comprehensive e-learning programme covering equities, bonds & money markets • Pass rate = 65%

4. 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

5. Customised Training Seminars • Increase in demand for customised training in financial services • Programmesare 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)

6. 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

7. 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

8. 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

9. 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

10. Questions Leigh Bevis Head of Client Relations and Training leighb@strate.co.za Strate-Training@strate.co.za +2711 759-5466