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Stock impact report

BCU Moves Symitar Core to Cloud

Jack Henry & Associates, Inc. (JKHY) 
Last jack henry & associates, inc. earnings: 2/4 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: jackhenry.com
Company Research Source: PR Newswire
MONETT, Mo., Sept. 17, 2020 /PRNewswire/ -- Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its Symitar® division today announced that BCU migrated its Episys® core to Jack Henry's private cloud environment. The $4.2 billion-asset credit union launched a corporate initiative five years ago to move all of its technology assets to the cloud. BCU had poured 20 years of creativity and customization into its Symitar core, valuing the flexibility and control gained from managing it all in-house. The credit union maintains very specific expectations for the security, performance and responsiveness of its core; with Episys, BCU realized that it could achieve the same core experience regardless of the delivery model.Jeff Johnson, chief partnerships and strategy officer at BCU, said, "We wanted to focus our IT expertise on things that provide tangible value to the credit union a Show less Read more
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