The integrated solution will effectively help the organizations to manage their credit risk exposures, said the firm.

Harland Financial Solutions Worldwide managing director Noel Gilmer said, "The Rockboro Analytics team has extensive experience in credit analytics from their previous roles within Standard & Poor’s and is committed to providing excellent solutions and service.

"Together with our CreditQuest solution, Rockboro Analytics will enable us to provide our clients a superior risk rating solution," Gilmer added.

Commenting on the partnership with Harland Financial, Rockboro Analytics managing director Bernard O’Sullivan said the firm’s expertise in methodology, models, training and implementation will be combined with Rockboro’s credit risk management software.

According to the firm, the clients of Harland Financial Solutions and Rockboro Analytics can calculate using qualitative and quantitative factors about the potential and existing credit customers risk, which will enable them to apply appropriate lending strategies to mitigate risk.