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 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%

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