Taiwan Depository & Clearing Corporation

2019 marks the 30th anniversary of TDCC. Because of the long-term development of diverse business and remarkable devotion to financial services, TDCC’s operation shows impressive accomplishment and wins numerous awards and the company has received recognition from all sectors.

With respect to digital innovation, the number of active users of TDCC ePASSBOOK 2.0 has reached 870,000 since its launch, with four major functions including asset integration, transaction statement, customized and real-time push notifications, and stock market data. This year, domestic fund information is added to the current functions, and a brand-new visualized fund announcement inquiry service is provided. The services keep investors updated with the fund market and drastically improve the transparency of fund market information.

In respect of corporate governance, TDCC has launched the Chinese and English version of “TDCC IR Platform,” which offers multiple value-added services, facilitating mutual communication between investors and issuers, expanding cooperation with the second-biggest international voting platform ISS, and allowing more foreign investors to cast votes at Taiwan’s shareholders’ meetings through system connection. In addition, through recommendation, TDCC joined the competition for 2019 eASIA Awards, taking back Golden Award in “Digital Transformation—Public Departments” with its “Innovative Application of Electronic Voting and Straight Through Process (STP) Service Project.” This honor brings Taiwan’s brilliant digital achievement to the world.

With regard to SupTech development, TDCC’s “Anti-Money Laundering and Countering Terrorist Financing Inquiry System” and “Company Transparency Platform” won the top evaluation “regular follow-up” from Asia-Pacific Group on Money Laundering (APG). This year, “Big Data and Analytics Application Platform” is constructed. It integrates cross-system business data and provides Financial Supervisory Commission and Central Bank with visualized and interactive supervision data. The platform not only assists authorities in strengthening market supervision but also offers a wider range of analytical data to the market.

As for policy implementation, “ReLife Project,” the retirement investment project for all citizens, proposed by Financial Supervisory Commission, organized by Securities Investment Trust & Consulting Association of the R.O.C, Securities & Futures Institute, TDCC, and executed by FundRich, has drawn over 110,000 registered users and created the trend of investment project for retirement among all citizens. The project indeed takes the lead in the prosperity of the fund ecosystem. TDCC is also aligned with Financial Supervisory Commission and National Taxation Bureau of Taipei, Ministry of Finance, to plan and pilot “One-Stop Inquiry Service for Financial Legacy,” which provides securities data and drastically reduces costs of financial legacy inquiry. This service has put into practice the ideal of streamlined administration and efficient civil service.

Regarding linking up the capital market with the world, this year, Chairman and CEO, Mr. Sherman Lin, is elected as vice chairman of Asia-Pacific CSD Group (ACG) and serves as the board member of World Forums of CSDs (WFC). This achievement strengthens international cooperation of Taiwan’s capital market.

In addition to the emphasis on its core business, TDCC has been showing long-term social care. The company has organized “Pre-Employment Financial Program for University Students,” fostered financial and athletic talents, organized charitable blood donation campaigns for ten years, held “Joint Concert of Nine Schools in Hualien” and “2nd TDCC Cup Archery Tournament.” TDCC also contributed to the savings account for education in the Ministry of Education as well as financial education scholarship of Taiwan Financial Services Roundtable, and donated books to schools in remote areas to bridge the gap between urban and rural education.

Through years of efforts, TDCC has won tremendous honor in corporate social responsibilities this year. The company was again awarded the “2019 CSR Mittelstand Group Award” of CommonWealth Magazine’s “CSR Award,” “Platinum Award for Corporate Sustainability Report,” and the best single performance award, “Social Inclusion Award” in TSCA Taiwan Corporate Sustainability Awards. The company also acquired Healthful Workplace Accreditation from Health Promotion Administration, MOHW, Athletic Corporate Accreditation from Sports Administration, MOE, and won Happy Enterprise Award in Service Industry from 1111 Human Resources Agency. All the above show recognition from every social sector of TDCC’s firm belief in continuous contribution to society.

Looking into the future, TDCC will carry out its digital transformation, link up with the international market, construct a financial services hub based on the role of the public data service center, and create the maximum value of the capital market.