 |
| Benedicto Bulatao, ComClark Chief Operations Officer |
ComClark Network and Technology Corp. (ComClark), parent company of Converge ICT Solutions, received an award from the Securities and Exchange Commission (SEC) for its digital solution. This system, the Company Investments and Financial Statistics System (CiFSS), processes data for over 500,000 Philippine corporations.
Developed initially to mitigate pandemic-related contact, CiFSS now serves as the SEC's primary system for accepting corporate filings, including General Information Sheets (GIS) and financial statements (GFFS and SFFS). ComClark Chief Operations Officer Benedicto Bulatao expressed satisfaction with the SEC's recognition, highlighting CiFSS's contribution to efficient government-private sector interactions.
"We are pleased to be recognized by the SEC in addressing ease of doing business in government transactions with our deployed system for online submission of documents. This was borne out of necessity during the height of the pandemic, to limit contact between people, but as we’ve seen, it has proved useful and relevant post-pandemic and has set the standard for facilitating online transactions between government and the private sector,” said ComClark Chief Operations Officer Benedicto Bulatao
Developed in collaboration with Fortis Technologies Corporation, CiFSS is a key element of the SEC’s digitalization strategy, improving efficiency and transparency. ComClark continues to provide innovative ICT solutions tailored to industry needs.
