IndiSoft, a technology development firm that focuses on systems for the default services industry, has promoted Kapil Dhakad from project manager to VP of custom solutions. Dhakad is now responsible for ensuring that product configurations are tailored to meet the specific needs of each client.

“We are fortunate to have employees such as Kapil who are dedicated to working toward the improvement of the industry’s processes as a whole,” said Sanjeev Dahiwadkar, CEO and president of IndiSoft. “Having devoted people such as Kapil allows our company to continue providing the highest level of excellence in delivering the leading

default and compliance technology that has become our signature in the industry.”

Dhakad joined IndiSoft in 2004 as a team leader and spearheaded implementing the company’s flagship RxOffice platform for several clients. He became project manager in 2007 and was responsible for managing, analysis, integration, maintenance, and implementation, as well as client interaction.

“IndiSoft is one of the leading mortgage technology firms dedicated to improving processes that will assist the industry in rebounding from the current economic challenges,” Dhakad said. “I am excited about the commitment IndiSoft has made to its clients and the industry, and I am glad to be a part of the company that focuses on delivering cost-effective solutions expeditiously.”

IndiSoft’s services range from consulting to software design and development. Its RxOffice platform provides customizable document management, workflow, and reporting capabilities to streamline default lifecycle processes.

IndiSoft’s latest additions, MortgageRx and RxOffice Compliance, enable servicers and stakeholders to comply with regulatory and investor requirements while managing multiple auditing requests.