Wednesday, Indisoft, a technology development firm that specializes in systems for the financial services industry, announced Camillo Melchiorre as President, focusing on the firm’s sales and marketing efforts. Sanjeev Dahiwadkar, who previously held the roles of President and CEO, will not be available to concentrate on IndiSoft’s strategic direction as CEO.
Prior to this position, Melchiorre served as President and CEO of HLP, a company powered by IndiSoft’s RxOffice. Before HLP, he held the position of SVP of Loss Management at Radian Group, Inc., where he managed losses during the financial crisis with new systems, operations, and loss mitigation strategy.
“We have a long history with Cam that started years before he worked for HLP,” Dahiwadkar said. “Cam’s longevity in the mortgage industry and his knowledge will help us further position IndiSoft as a strong technology player that not only understands the industry but can also anticipate the technology needed to address any process or regulatory challenge.”
Melchiorre boasts 30 years in the mortgage industry, having experience in many different areas.
“I have a long history with Sanjeev and IndiSoft,” Melchiorre said. “This is an exciting time in the industry one in which we have a chance to truly harness the power and capability of technology to make fundamental changes in efficiencies while being agile enough to be compliant with the ever-changing regulatory climate. IndiSoft has a remarkable platform that can help achieve those goals, and I am happy to be a part of the effort to move the company forward during this time.”