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Stock impact report

The National Bank of Indianapolis Moves to Jack Henry's SilverLake System Core

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., June 24, 2021 /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 $2.5 billion-asset The National Bank of Indianapolis has migrated to the SilverLake System® core to meet growing commercial and small business demand. The National Bank of Indianapolis has experienced notable growth, and wanted to add more automation and streamline back-office processes to drive efficiencies. Because the bank found significant value in Jack Henry's private cloud environment, it decided to keep this model and move to the SilverLake System core, beginning the migration at the pandemic's onset. The National Bank of Indianapolis became Jack Henry's first remote core migration in early 2020. Mark Bruin, president and CEO of The National Bank of Indianapolis, explained, "Migrations are a major commitment that req Show less Read more
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