AUSTIN, Texas – October 23, 2008
-Teres Solutions, Inc., a leading provider of direct and indirect lending software to credit unions and financial institutions, today announced that it has joined the Harland Financial Solutions Alliance Partner Program. As an Alliance Partner, Teres Solutions will make its SAIL indirect and direct lending software available to Harland Financial Solutions’ Phoenix™ System and UltraData® Enterprise core processing solution clients. The joint initiative will make it easier for customers of both companies to access the benefits of an integrated core system and lending automation solution that together can help them deliver greater efficiencies with indirect and direct lending processes.
“We are confident that our new relationship with Teres Solutions will enable our clients to better streamline and automate their loan process,” said Raj Shivdasani, president, Enterprise Solutions Group, Harland Financial Solutions. “The technology and industry know-how provided through this partnership will further support our mutual clients’ competitiveness in the lending market.”
With more than 6,500 clients, Harland Financial Solutions is one of the leading providers of software to U.S. financial institutions.
“Having robust systems that integrate seamlessly with one another is essential for credit unions and financial institutions that want to successfully respond to today’s ever-changing lending landscape,” said Tim Kelly, CEO of Teres Solutions. “Our partnership with Harland Financial Solutions brings together some of the market’s best lending and core system technology. We believe our customers will greatly benefit from the work we will be able to accomplish together.”
For additional information on Teres Solutions and its SAIL family of products, visit www.teressolutions.com.
About Harland Financial Solutions
Harland Financial Solutions, Inc. (www.harlandfinancialsolutions.com) is a wholly-owned subsidiary of Harland Clarke Holdings Corp. The company supplies software and services to thousands of financial institutions of all sizes, offering its solutions in both an in-house and service bureau environment. It is a leader in core systems, item processing, enterprise content management, branch automation, customer relationship management, business intelligence, origination and document solutions, risk management, compliance training, financial accounting, open documents, mortgage solutions, electronic funds transfer (EFT), electronic banking and advisory services.
About Teres Solutions, Inc.
A wholly-owned subsidiary of CRIF, Teres Solutions, Inc. was founded in 2002 for the express purpose of developing direct and indirect lending software products that define the state-of-the-art for the financial institution market. Its Software Application for Integrated Lending (SAIL) direct and indirect lending products allow financial institutions to streamline lending decisions, increase revenue through enhanced loan application processing efficiency, improve dealer and member relations, and augment loan tracking and reporting capabilities. Teres Solutions has been recognized as a Microsoft certified partner with accredited core competencies.
Visit
www.teressolutions.com for more information on Teres Solutions, its products and services.
Teres Solutions is a trademark of Teres Solutions, Inc. All other company and product names mentioned are used only for identification and may be trademarks or registered trademarks of their respective companies.
Media Contact:
Karl Scholz
For Teres Solutions, Inc.
(512) 493-0909
scholz@virtualprdirector.com
Company Contact:
Tim Kelly
Teres Solutions, Inc.
(512) 218-4200
info@teressolutions.com
Stacey Leone
Harland Financial Solutions
(407) 804-6653
stacey.leone@harlandfs.com