The Philippine Deposit Insurance Corporation (PDIC) and KAISA Consulting Company, Inc. signed an agreement for the development and implementation of a new system that will help manage the loan portfolio of closed banks under PDIC liquidation and those acquired by the Corporation when it granted financial assistance to banks. The agreement was signed on October 3, 2014 at the PDIC office in Makati City.

The Loans Monitoring System (LMS), which was bidded out in July 2014, aims to improve the monitoring and administration of loan accounts by the PDIC, as Liquidator of closed banks. The LMS will help ensure systematic recording of information on loans and will put in place better security and internal control features. It may also be readily integrated with other systems being used by the PDIC

This initiative to improve efficiency in loans administration is aligned with the PDIC Roadmap to strengthen the organization through innovations in systems and processes. As Liquidator, the PDIC aims to maximize recovery of uninsured depositors and creditors through efficient loans administration.

KAISA Consulting is a Filipino company that provides technology-enabled business solutions in Asia, Australia and the United States. It was also recognized as the SAP Services Partner of the Year for 2007 and 2008, and SAP Education Partner of the Year for 2006, 2007 and 2008 by SAP Philippines.

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