ProfitStars Provides Image and Data Conversions for 1,000 Financial Institutions During the Past Five Years
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Henry, Jack, & Associates, Inc.
Monett, MO, 65708
Press release date: January 4, 2012
Enterprise Conversion Solutions convert more than 400 types of data in more than 1,700 conversions
MONETT, Mo. - Jack Henry & Associates, Inc. (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its ProfitStars® division announced today that it has reached a milestone with its Enterprise Conversion Solutions(TM) (ECS). During the past five years, ECS has completed more than 1,700 image and data conversion projects for 1,000 financial institutions, including more than half of the largest 100 domestic banks.
Financial institutions leveraging ECS are able to reduce costs by eliminating legacy systems and converting and importing merger and acquisition (M&A) data into their current platforms. It converts check and document images, COLD reports, and signature cards to any other platform available today. The converted images and data can be maintained at the client site using ECS Browser(TM) or at the ProfitStars hosting center using ECS Web(TM). The ECS Web storage and retrieval archive provides online research and printing capabilities for legacy and acquisition data as well as other documents that are scanned into the archival solution. ECS Web maintains strict security, audit, and disaster recovery standards using multifactor authentication, redundant hot sites, automatic failover, and more.
According to Pete Turner, senior manager at BMO Harris Bank, "ProfitStars' ECS is a valued partner to Harris during acquisitions. There is no doubt the ECS team understands its business and is quick to adapt its processes to accommodate Harris' needs. ProfitStars has become well known throughout our organization at acquisition time due to its reliability, accountability, and integrity. ECS is more aggressive than ever in efforts to exceed our expectations."
Stacey Zengel, general manager of Imaging Solutions for Jack Henry & Associates, commented, "ECS is a proven service suite for the financial industry's growing need for reliable and affordable image and data conversions. Our ECS team combines a sophisticated technology platform with the real-world experience that our conversion experts have gained from successfully converting more than 400 different types of data from virtually every check and document imaging, COLD, and signature card platform used in the industry. We believe the high-demand, cost-effective ECS service suite positions us as the clear market leader and a strategic business partner for growth-focused financial institutions."
Additional information about ECS Web and the link to register for an upcoming complimentary webinar is available at the company's imaging knowledge center: http://www.profitstars.com/imaging.
As a diverse, global division of Jack Henry & Associates, ProfitStars combines JHA's solid technology background with the latest breakthroughs in four performance-boosting solution groups - Financial Performance, Imaging & Payments Processing, Information Security & Risk Management, and Retail Delivery. Explore the power of ProfitStars-enhanced performance at www.profitstars.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc. (Nasdaq: JKHY) is a leading provider of computer systems and ATM/debit card/ACH transaction processing services primarily for financial services organizations. Its technology solutions serve more than 11,800 customers nationwide, and are marketed and supported through four primary brands. Jack Henry Banking(TM) supports banks ranging from de novo to mid-tier institutions with information processing solutions. Symitar(TM) is the 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. iPay Technologies(TM) operates as a leading electronic bill pay provider supporting more than 3,600 banks and credit unions with turnkey, highly configurable retail and small business electronic payment platforms. Additional information is available at www.jackhenry.com.
SOURCE Jack Henry & Associates, Inc.
CONTACT: Press, Jacqueline Scheider, ProfitStars Marketing Manager, +1-770-752-6410, for Jack Henry & Associates, Inc.
Web Site: http://www.profitstars.com