Taiwan Depository & Clearing Corporation

On June 29th, TDCC held the “Open Securities Goes Live Press Conference” to announce the official launch of the “Open Securities Public Information Query Service” under the concept of Open Finance. The event was attended by representatives from securities peripheral units, Securities Association, Futures Association, SITCA, as well as Financial Information Service Co.,ltd, securities and futures firms, financial technology service providers, demonstrating the high expectations and support for the new Open Securities service.

The initial launch of the “Open Securities Public Information Query Service” involved the participation of 10 securities firms, including Yuanta, Taishin, Mega, Hua Nan Yong Chang, E. Sun, MasterLink, KGI, Horizon, Shin Kong and Fubon. Through Financial Information Service Co., ltd 's “Open API Platform,” these firms shared open information with cooperating financial technology service providers such as Mitake Information, Systex, and SysJust, enabling the aggregation of dollar cost averaging investment information, sub-brokerage custody services information and other related data to provide consumers with new financial services. Furthermore, several other firms, including IBF Securities, SinoPac Securities, Yuanta Futures, KGI Futures, Fubon Futures, President Futures, Yuanta Investment Trust, and Fubon Investment Trust, are actively conducting system testing and planning to participate in the Open Securities business in the future.

Mr. Tzu-Min Chang, Deputy Director-General of the Securities and Futures Bureau of the Financial Supervisory Commission (FSC), expressed appreciation for the establishment of the “Open Securities Promotion Committee” by TDCC, which has coordinated and facilitated the formulation of relevant regulations and technical specifications between securities and futures firms and financial technology service providers. Through the implementation of the “Open API Platform” developed by the Financial Information Service Co., ltd, the goals of the “Capital Market Roadmap” for financial digital transformation is achieved. Mr. Chang also thanked numerous securities, futures, and fund management and advisory firms for their involvement in the Open Securities service. By constructing a financial technology ecosystem, they can continue to provide the public with more diverse and convenient forms of innovative financial services, embodying the core value of “financial inclusion.”

Mr. Bing-Huei Lin, Chairman of TDCC, emphasized that TDCC has been committed to promoting various innovative financial services. Under the guidance of the FSC, the launch of Open Securities will further enhance the development of the financial industry's data ecosystem. It is expected that the Open Securities policy will create a triple-wins situation for financial consumers, securities, futures, and fund management and advisory firms, as well as financial technology service providers. For securities, futures, and fund management and advisory firms, the service will provide customers with diversified financial value-added services, promoting inclusive finance. For financial technology service providers, the adoption of common technical standards through the Open API will help reduce costs and facilitate the development of their own products, offering innovative financial services to consumers.

The Open Securities service is expected to deepen collaboration between securities and futures firms and financial technology companies, expand the customer base, and improve the operational efficiency of both parties. It will maximize the benefits for consumers and society, fostering creative and diverse value-added applications and opening up new avenues for future financial technology expansion.