Strate achieves first bank-to-bank exchange of regulatory IM
20 April 2026 South Africa
Image: PRIMPROW/stock.adobe.com
Strate has welcomed the first bank-to-bank exchange of regulatory initial margin (IM) via its collateral management solution.
The milestone took place between Standard Bank South Africa and Absa Group in March.
Both banks have added initial margin to their existing product suite on Starte鈥檚 triparty collateral management platform.
Through the firm鈥檚 local triparty collateral management solution, collateral givers and collateral receivers are connected to consolidate and optimise their onshore collateral obligations, according to Strate.
Juanita Taylor, Global Markets lead for collateral optimisation at Standard Bank South Africa, says: 鈥淲e鈥檙e proud to partner with Strate and industry peers to advance a resilient local collateral ecosystem.
鈥淎utomated triparty initial margin exchange enhances regulatory alignment, strengthens risk management, and enables smarter mobilisation of high-quality collateral across onshore obligations.鈥�
Using defined eligibility rules set within the system, clients can easily achieve regulatory confidence and alignment through our collateral platform.
The system automatically allocates, optimises, and substitutes eligible collateral securities in accordance with the requirements of Joint Standard 2 鈥� a regulatory framework for financial institutions to manage cyber risks
The natural segregation of collateral assets at contract level and the avoidance of re-hypothecation supports regulatory compliance, notes Strate.
The milestone took place between Standard Bank South Africa and Absa Group in March.
Both banks have added initial margin to their existing product suite on Starte鈥檚 triparty collateral management platform.
Through the firm鈥檚 local triparty collateral management solution, collateral givers and collateral receivers are connected to consolidate and optimise their onshore collateral obligations, according to Strate.
Juanita Taylor, Global Markets lead for collateral optimisation at Standard Bank South Africa, says: 鈥淲e鈥檙e proud to partner with Strate and industry peers to advance a resilient local collateral ecosystem.
鈥淎utomated triparty initial margin exchange enhances regulatory alignment, strengthens risk management, and enables smarter mobilisation of high-quality collateral across onshore obligations.鈥�
Using defined eligibility rules set within the system, clients can easily achieve regulatory confidence and alignment through our collateral platform.
The system automatically allocates, optimises, and substitutes eligible collateral securities in accordance with the requirements of Joint Standard 2 鈥� a regulatory framework for financial institutions to manage cyber risks
The natural segregation of collateral assets at contract level and the avoidance of re-hypothecation supports regulatory compliance, notes Strate.
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