With the arrival of the post-pandemic era, digital financial services have long been integrated into the general public’s lives, and the innovative people-oriented financial ecosystem and brand-new contactless services have become an everyday element of everyone.

According to TDCC President Han-Chiang Chu, to meet the requirements of the Bills Finance Association, TDCC has been constructing an optimal and digitalized bills market environment through Fintech and innovative thinking. Since the dematerialization of CP2, the following services have been launched one by one: primary market issuance with e key, secondary market virtual matching utility system between bills companies and custodians, electronic trade confirmation slips among bills companies, and CRM. The ESG action plans (Environmental, Social, and Governance) have been realized.

To assist the bills market with the last mile of electronic trade confirmation slip delivery, TDCC launched the brand new TDCC i Inquiry Platform on June 27, allowing investors to receive real-time information regarding bills trade confirmation slips by email or by logging in to the platform through a computer, cellphone, or tablet computer. As the pandemic rages, this reduces the risks of physical contact, creating digital services without any data downloaded or stored; besides, these services are also contactless, paperless, and highly efficient.

According to Yao-Kuang Tsai, Chairman of Bills Business Committee, Bills Finance Association, in order to provide more efficient services for market issuers and investors, Bills Finance Association and TDCC have promoted digitalized trading document services in primary and secondary markets. As market demands for financing through commercial papers have become increasingly higher, reaping benefits from digital tools is the general aim to strive for in response to the pandemic. Investors are expected to make more use of the tools to create a financial environment with a low carbon footprint and high efficiency.