(BUSINESS WIRE)-- Harland Financial Solutions Worldwide Limited announced today the release of Rating Manager, the latest addition to the CreditQuest® risk and credit management software suite.

Rating Manager is a flexible solution that enables financial institutions to improve and streamline the process of performing credit risk rating using Basel II-compliant internal rating models. Using definable workflows, it automates retrieval of existing data, guides judgmental data entry and routes the rating to designated staff for peer review, override or final approval, storing historical rating data for follow-on analysis.

Rating Manager can accommodate multiple rating models that may be required to rate the various types of counterparties and credit products within an institution’s credit portfolio. The browser-based solution enables easy deployment of internal rating models, as well as enhanced staff collaboration during processing.

“The recent economic conditions and credit volatility has made lenders reconsider their evaluation processes and heighten their need for greater detail in credit quality data,” said A.O. “J.R.” Clemons, managing director for Harland Financial Solutions Worldwide Limited. “Rating Manager provides the functionality lenders need to use objective rating models and efficiently evaluate borrower and loan risk. This leads to better results through improved decision outcomes and more consistent risk assessment.”

The CreditQuest solution suite offers the financial industry flexible credit risk management technology that provides end-to-end credit management from origination to financial analysis, risk rating, portfolio management and reporting. CreditQuest is built with key functions of the entire credit management process and is scalable to meet the credit management needs of financial institutions of all sizes.

Some of the largest and fastest growing financial institutions in the world use CreditQuest to manage their credit risk and monitor their entire loan portfolios. With growing regulatory and compliance pressures around the world, CreditQuest contributes to financial institutions’ ability to streamline their credit management process and strengthen their ability to spot risk quickly and perform consistently. For more information about CreditQuest and to review client successes, go to www.creditquest.com.

About Harland Financial Solutions Worldwide

Harland Financial Solutions Worldwide Limited is an indirect subsidiary of Harland Clarke Holdings Corp. Through its wholly-owned subsidiaries, Harland Clarke Corp., Harland Financial Solutions, Inc., and Scantron Corporation, Harland Clarke Holdings Corp. has been serving the financial services industry, among other industries, for more than 100 years. Thousands of financial institutions around the world trust the brands of Harland Clarke Holdings Corp. for quality solutions and customer-focused service dedicated to their needs.

The information contained in this press release is accurate at the time of publication. However, service offerings and availability, relationships, contacts and other specified information may change over time.