Harland Financial Solutions gives banks answers to their backoffice problems. The company's software products for financial institutions include tools for lending and account origination, customer relationship management, business intelligence, bank and credit union core processing systems, teller and call center platforms, mortgage lending and servicing, risk management, and regulatory compliance. Harland also offers a service bureau for outsourced core processing, as well as document imaging and electronic statement processing services. The company supplements its financial services software with related applications for content management and business intelligence. Harland is a subsidiary of M & F Worldwide.
Harland Financial Solutions has historically used acquisitions to expand its product selection and customer base. In 2010 the company bought Memphis, Tennessee-based Parsam Technologies, a developer of electronic banking applications sold under the uMonitor brand, to augment its own line of software that enables online lending, branch automation, and Internet banking among other functions. The deal also gave Harland Financial Solutions an offshore software development and support facility in Thiruvananthapuram, India.
Previous purchases included Easy Systems (branch automation software), SPARAK Financial Systems (core banking systems), INTERLINQ Software (mortgage lending software), Premier Systems (processing services for credit unions), Financialware (enterprise content management), Intrieve (outsourcing services), and Fair Isaac's core processing business.
Harland Financial Solutions has identified credit management as a growth area, particular for its overseas clientele, and the company stepped up its marketing efforts in 2011 to push the CreditQuest commercial credit management product suite in the Europe, Middle East, and Africa.
Harland Financial Solutions accounted for about 16% of its parent company's total revenue in fiscal 2010. The company makes most of its sales directly. Clients include US regional banks such as Apollo Bank, Bank of Ruston, Douglas County Bank, and First Scottsdale Bank.
Formed in 2000, the company was acquired in 2007 by M & F Worldwide, which manufactures checks and business forms through its Harland Clarke division, provides testing and assessment services through its Scantron unit, , and manufactures licorice extract via Mafco Worldwide.