jack henry & associates inc (JKHY) Key Developments
Jack Henry & Associates' Symitar Wins Tech Contract with Florida Credit Union
Apr 14 15
Jack Henry & Associates announced that its Symitar division has won a contract with Florida Credit Union, which has selected Episys for in-house core processing. Episys's open architecture integrates with hundreds of vendor applications and offers credit unions the option to independently add fresh offerings, encouraging rapid adoption of new technologies. Jack Henry provides technology solutions and payment processing services primarily for the financial services industry.
Jack Henry & Associates Inc.'Symitar Introduces SymAdvisor
Apr 3 15
Jack Henry & Associates Inc.' Symitar division April 3, 2015 introduced SymAdvisor, a consultancy service to help credit union clients maximize the value of their Symitar solutions. With regulatory bodies such as the NCUA and the FFIEC putting vendor management under a magnifying glass, credit unions face pressure to tighten project management and installation requirements, and to have an in-depth knowledge of how their technologies perform. SymAdvisor provides on-site consultants to help credit union managers develop a strategy to most effectively utilize their Symitar systems, complementary Jack Henry solutions, and integrated third-party vendor products. The $3 billion Wright-Patt Credit Union used SymAdvisor to gain an outside perspective on how its business and IT units can further maximize efficiencies with the Episys® platform. After a site visit, the SymAdvisor team generated a report that prioritized the areas in which the credit union could implement updates or new strategies.
Jack Henry & Associates, Inc. Announces Executive Changes
Mar 26 15
Jack Henry & Associates Inc. announced that Stacey Zengel has been promoted to President of the Jack Henry Banking division. This newly created position will provide a continued focus on the company's dedication to the core banking business. Zengel's new position furthers the company's One Company strategy and asserts the goal of consistently meeting or exceeding client expectations. All operational, development, implementation, and outsourced functions for the banking business unit will report to Zengel. Scott Spain will replace Zengel as the General Manager of JHA OPS. Spain was most recently the General Manager of Core Solutions with specific oversight of the operations, implementations, and ongoing support for JHA's banking core clients. Susan Geiss has been promoted to General Manager of Jack Henry Banking Operations. Geiss has been instrumental to the company's Call Center strategy and has held key management positions in the core solutions group during the past 20 years. Ron Moses has been named the new General Manager of Consumer and Commercial Solutions. Moses joined Jack Henry & Associates in 1999 through the acquisition of BancTec Financial Systems and has driven the company's imaging strategy most recently as General Manager of Imaging Solutions.
BCB Bancorp Selects Jack Henry's SilverLake System
Mar 20 15
Jack Henry Banking, a division of Jack Henry & Associates Inc., has announced that BCB Bancorp Inc. has selected the SilverLake System core processing system to provide enterprise-wide automation. The bank will implement SilverLake through JHA OutLink Processing Services (JHA OPS), Jack Henry Banking's outsourced offering. The bank will also implement the jhaEnterprise Workflow process management solution and the goDough mobile banking platform. Jack Henry Banking was selected based on the strong integration between its core and complementary products, focus on disaster recovery, and its reputation for customer service.
Jack Henry & Associates and CU Business Group Announce Alliance
Mar 19 15
Jack Henry & Associates Inc. and CU Business Group, or CUBG have announced an alliance. The alliance will provide more credit unions with the tools they need to increase net interest income, win more business, expand customer relationships, and improve profitability of member business loan relationships. Margin Maximizer Interactive (MMi), from Jack Henry's ProfitStars division, is a customizable online tool that enables credit unions to develop strategies to help ensure the great possible net interest income from member business loans and relationships.