A team of IT experts from Central Securities Depository of Iran attended Corporate and Investor Services Seminar (CISS) in Taipei, Taiwan.
Hosted by Taiwan Depository and Clearing Corporation (TDCC), the event included three sessions namely the Digital Transformation of Corporate Governance and New Technology (Part I & II).
According to CSDI representatives attending the Seminar, Electronic General Meetings of Shareholders (the AGM) with a special look into the applications of blockchain technology in the field of corporate governance, using data analytics to identify Anti-Money Laundering (AML) risk and financial crimes, electronic Know Your Customer (E-KYC) as well as innovation in customer services were among the major issues raised and debated during the event.
The CSDI representatives said they primarily aimed to exchange knowledge with other CSDs and get a firsthand account on the latest achievements they are offering to their shareholders thanks to new technologies.
Day two of the event saw CSDI's IT expert, Milad Kakouli, appearing in a panel dubbed "Innovation and Diversification," moderated by Japan Securities Depository Center (JASDEC)'s senior manager, Mr. Yuji Sato. Joining Managing Director of Sales and Solution Delivery at DTCC, Nellie Dagdag and the host, TDCC's Equity Services Department Vice President, Howard Wang, the CSDI representative delivered a presentation introducing the state-of-the-art innovative Comprehensive Information Gathering System (CIGS) launched by CSDI which is to cover the information of all players in Iran's whole capital market.
The session was followed by a Q & A where the participants clarified the issues and questions raised by the participants.
The Corporate and Investor Services Seminar took place on August 21-23, 2018 in Taipei Marriott Hotel, Taiwan.
Central Securities Depository of Iran and Taiwan Depository and Clearing Corporation signed a Memorandum of Understanding in 2016 on the sidelines of the 20th Asia-Pacific CSD Group General Meeting, ACG20 in Tehran where the two sides committed to promote communication on business operation, exchange information to share experience and facilitate development of each side’s capital market.
Release Date: 8/23/2018