Polaris Kaisa—a joint initiative between Polaris Consulting and Services Ltd, and Kaisa Consulting on June 09 announced that the Development Bank of the Philippines (DBP), one of the largest Government Financial Institutions (GFI) in the Philippines has chosen to implement Core Banking Solution to transform its core banking operations.
The DBP has been a key player in nation-building by assisting critical industries and sectors, promoting entrepreneurship and contributing to the improvement of lives of Filipinos across the nation.
Polaris Consulting has collaborated with Kaisa Consulting to implement the Intellect banking suite for the DBP.
DBP has chosen the solution packaged with an integrated set of products from the Digital-ready Intellect suite of products such as Digital Core, Loans Origination and Loans Management System and end-to-end Trade Finance. The solutions will drive operational, technological implementation and support excellence at a very low total cost ownership for the Bank. The Digital Core solution, based on a powerful technology platform, coupled with a superior software design, will help DBP become the primary bank of every customer by redefining the overall customer experience.
DBP’s President and CEO, Gil A Buenaventura said, “The DBP is a crucial player in the nation’s economy building initiatives. We strive to assist in the building of productive communities and in promoting developmental activities taken up by individuals and organizations in the country. Polaris’ proven domain expertise and its Core Banking solution will help us in achieving our aim”.