MONETT, Mo., Dec. 11, 2018 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY)
is a leading provider of technology solutions and payment
processing services primarily for the financial services industry.
Its Jack Henry Banking® division
announced today that Camden National Bank has made several
strategic technology decisions to strengthen its infrastructure as
the bank grows and evolves to meet the needs of its customers.
The bank has migrated its SilverLake
System® to an outsourced environment,
immediately gaining a higher level of technical expertise in
supporting large core operations. Using Jack Henry's specialized, skilled resources to
host the core allows Camden National Bank to focus internal
resources on supporting its growing business lines. Flexibility and
scale were also important drivers in the move to outsource, as the
bank would otherwise need to continually invest in a larger server
environment to accommodate both organic and acquired growth.
Dan Swindler, director of support
services at Camden National Bank, said, "Jack Henry offers an unparalleled level of
security and resiliency in its facilities. Its demonstrated
proficiency in business continuity, system reliability and uptime
performance gives us the confidence that we will always be there
for our customers, especially when they need us most."
Jack Henry is hosting Camden
National Bank's core as well as a number of other complementary
solutions, all part of the bank's investment in its customers,
branches and overall digital strategy. This includes call center
services for after hours and weekend support, making this
Maine-based bank the first and
only financial institution in the state to currently offer a 24/7
call center. Camden National Bank has also enlisted Jack Henry for a new account opening platform,
eSign functionality and enhanced CRM capabilities that offer single
access across applications to support all of a customer's
activity.
Swindler added, "Jack Henry's
SilverLake System allows us to customize our experience with the
core and have tighter integration across multiple platforms as
needed, meaning a more cohesive and personal experience for
customers."
Stacey Zengel, vice president of
Jack Henry & Associates and
president of Jack Henry Banking, said, "Camden National Bank
is investing in its technology infrastructure to remove any
barriers to having a customer-centric environment. Deploying the
SilverLake platform through an outsourced delivery channel will
offer the levels of flexibility and integration that the bank needs
to enhance the customer experience and streamline operations. We
are proud to provide Camden National Bank with sophisticated
solutions that help them meet the needs of their customers as they
continue to grow and evolve."
About Jack Henry Banking
Jack Henry
Banking®, a division of Jack
Henry & Associates, Inc.®, is a leading
provider of integrated computer systems for banks ranging from de
novo to multi-billion-dollar institutions. Jack Henry Banking
currently serves more than 1,000 banks as a single source for
integrated, enterprise-wide automation and as a single point of
contact and support. Additional information is available at
www.jackhenrybanking.com.
About Jack Henry &
Associates, Inc.
Jack Henry
& Associates, Inc.® (NASDAQ: JKHY) is a leading
provider of technology solutions and payment processing services
primarily for the financial services industry. Its solutions serve
more than 9,000 customers nationwide, and are marketed and
supported through three primary brands. Jack Henry
Banking® supports banks ranging from community banks
to multi-billion-dollar institutions with information processing
solutions. Symitar® is a leading provider of
information processing solutions for credit unions of all
sizes. ProfitStars® provides highly
specialized products and services that enable financial
institutions of every asset size and charter, and diverse corporate
entities to mitigate and control risks, optimize revenue and growth
opportunities, and contain costs. Additional information is
available at www.jackhenry.com.
Statements made in this news release that are not historical
facts are forward-looking information. Actual results may
differ materially from those projected in any forward-looking
information. Specifically, there are a number of important
factors that could cause actual results to differ materially from
those anticipated by any forward-looking information.
Additional information on these and other factors, which could
affect the Company's financial results, are included in its
Securities and Exchange Commission (SEC) filings on Form 10-K, and
potential investors should review these statements. Finally,
there may be other factors not mentioned above or included in the
Company's SEC filings that may cause actual results to differ
materially from any forward-looking information.
JKHY-BA
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SOURCE Jack Henry &
Associates, Inc.