Taiwan Depository & Clearing Corporation

The TDCC held a simulation drill from 17 to 18 May 2013 to better familiarize the staff of business and information departments of the TDCC and its participants with the switching operations between the main system and the backup system for the TDCC Bills Clearing and Settlement System in the event of an accident. The drill also served to verify the completeness of the off-site backup system, to ensure the smooth continuity of business operations, and to validate the TDCC off-site backup and recovery center's capability to provide the Central Bank, Bills Houses, trustee institutions, investor custodian banks, agent clearing banks, and physical securities deposit banks with a connection environment the same as during normal operations, so that they can continue to perform bills clearing and settlement operations. The drill scenario assumed that a malfunction occurred during the external service hours of the Bills Clearing and Settlement System, and the relevant system tasks were switched over for handling by the off-site backup and recovery center at Chupei City. The drill locations included the Nankang facilities (the main center and same-site backup and recovery center) and the Chupei City facilities (the off-site backup and recovery center). The drill was conducted smoothly.