Taiwan Depository & Clearing Corporation

According to the statistics of the Ministry of the Interior, the average life expectancy in Taiwan has exceeded 80 years old. It is estimated that there will be one senior citizen among five adults in 2025. As an aging society comes, generating steady sources of income via investment has been a hot issue for investors these days. Fund, as a financial instrument, is managed by professional institutions and has diversified risks, so it is suitable to be one of the long-term investment vehicles. The nature of fund also fits the mainstream of global retirement asset management. With Fintech, investors can purchase funds via online fund trading platforms. Artificial intelligence, like robotics in the asset management sector, is making retirement asset management more autonomous and flexible.

There is much fund-related information in the market, making it difficult for investors to choose from. Taiwan Depository & Clearing Corporation (TDCC) has been processing fund businesses since 2006. To integrate fund-related services, TDCC established a comprehensive, efficient, and technology-based shared platform which provides basic services such as dematerialized registration for funds, fund announcement, fund transaction, and cross-border fund information transmission. The platform was designed based on the concept of platform economy. TDCC started organizing the information on domestic investment trusts and overseas fund institutions. Then, TDCC connected the upper and lower streams of the fund industry. Now, the platform has become a great driver for the Fintech development in the industry, creating a new model for domestic funds.
The new model provides a one-stop platform that enables fund investors to check domestic and foreign funds at the same time. TDCC also partnered with Securities Investment Trust & Consulting Association (SITCA) and added domestic fund data to the Fund Clear website (www.fundclear.com.tw), which has already provided overseas fund information. Fund Clear was officially launched on March 12 2018. Since then, investors can check overall information of domestic and foreign funds via the website, including monthly fund statistics, basic fund information, fund prospectuses, dividends, net asset value fluctuation, and net value charts which are easy to understand. Fund data inquiry has become efficient and convenient.

What’s worth mentioned is that the TDCC fund trading platform has created the largest fund services network by connecting to over ten financial institutions like Hua Nan Bank and partnering with financial companies processing national payment or taxation. The platform is also linked to the systems of over one hundred sole agents, investment trusts, and sales organizations, offering safe and convenient payment services for fund investors. Investors who purchase funds via TDCC fund trading platform can enjoy benefits such as zero trust management fees, better currency exchange rates, online application for automatic pre-defined debit, and fast overseas fund redemption. According to TDCC’s statistics, funds purchased via TDCC trading platform have reached NT$20 billion at the end of April 2018. The number doubles compared to the same quarter of the previous year. The shared platform has formed a financial network that serves market managers, businesses, and the public well.
Under the leadership of Sherman Lin, Chairman & CEO, TDCC continues to explore the financial market and map out comprehensive value-added services with innovative ideas like client-oriented services, open and innovation, and platform economy. With the belief and passion of facilitating capital market development as a securities-related unit, TDCC also proactively assists governmental agencies to promote financial education, make asset management knowledge more accessible to the public, and lay a sound foundation for future retirement asset management.
TDCC cooperates with SITCA once again this year and invites experienced experts from 23 investment trusts to teach asset management, investment strategies, the latest trends, fund trading platforms and tools, and pension fund trading areas, under the theme of “Let’s Fund and Live Your Best Life in Retirement through Asset Management.” These experts have been to governmental agencies and schools to organize Funds and Retirement Workshops and give lectures on investment. In the hopes of maximizing the economic benefits of the TDCC fund trading platform, TDCC provides accessible information on self-asset management that is low-threshold and low-cost.

SITCA “Retirement Asset Management Area”: http://www.sitca.org.tw/ROC/Retire/index.html