S-Team Inc.

Story details

Taiwan Securities Central Depository Co. Ltd. (TSCD) was established in October 1989 and began its full operation in January 1990. The company takes charge of the "central depository and book-entry system" and related business.

The services include central depository and book-entry, central trading and stock settlement in counter trading market, emerging listed stocks settlement and delivery, future settlement by computerized handling, marketable stocks registered, and participants' marketable stocks with computerized account handling, etc. The company is also commissioned by the Securities and Futures Institute (SFI) to manage compliancy of operation.

The stock centralized safekeeping companies in Taiwan have to provide daily stock exchange statements to issuers and security brokers. Such massive amounts of reports need to be couriered, which creates lots of inconveniences for TSCD and its clients. Thus, an express, convenient, and secure mechanism is required for report delivery.

Our company utilizes JobManager to handle TSCD's reports loading OnDemand. With the functions of OnDemand, our clients can check stock exchange reports and inventories via the Web. Furthermore, respective client reports can be received via email by means of Perl's SMTP module, whereas the PGP system ensures the security of those reports.

Since then, TSCD and its clients need not deliver their reports by courier. The conveniences of email meet the needs of speedy report delivery, and the PGP system ensures the safety of these reports. Thus, the massive amount of shipping expenses and manpower required are saved, and the report printing resources are conserved as well.