MONETT, Mo., Oct. 4, 2012 /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 Symitar® division today announced that DHCU Community Credit Union has implemented Microsoft Office® 365, acquiring the technology directly from its core provider.
The $450 million Illinois-based credit union has been on Symitar's Episys® platform for almost 15 years and recently migrated to EASE™, the Episys outsourced solution. Having also outsourced other systems, DHCU Community Credit Union sought to do the same with its communications server, which was overdue for an upgrade. The credit union recognized the immediate cost savings to run a hosted solution, including the elimination of licensing, ongoing hardware updates, and required internal IT resources. Acquiring Office 365 from Symitar also means DHCU Community Credit Union will receive ongoing support directly from its core provider.
Nadine Coon, IT manager for DHCU Community Credit Union, explained, "Exchange licensing, routine upgrades, and general IT maintenance are costly, but Office 365 eliminates those expenses and enables our tech staff to focus on other projects. We can also be assured that we have a reliable service network by entrusting all support to Symitar."
Since moving to Office 365, DHCU Community Credit Union has entirely transformed its operating environment. Simple administrative tasks are no longer cumbersome and the credit union has gained efficiencies throughout the institution. It now has access to instant messaging, video conferencing, remote documents, and other features that streamline employee communication and productivity.
According to Ted Bilke, president of Symitar, "Our strong relationship with Microsoft allows us to extend the same functionality enjoyed for years by larger entities to any size credit union. Providing Office 365 directly to clients enables us to package the premier business and communications technology they need with the exceptional service and support they have come to expect from Symitar. Microsoft Office 365 delivered and supported by Symitar represents a unique offering that generates immediate operational and efficiency improvements."
Jack Henry & Associates announced the availability of Office 365 through a Microsoft syndication partnership in June 2011. The platform combines Microsoft Office Professional Plus, Microsoft Exchange Online, Microsoft SharePoint® Online, Microsoft Office Web Apps, and the Lync™ Online instant messaging and collaboration tool.
Symitar, a division of Jack Henry & Associates, Inc. (NASDAQ:JKHY), is the leading provider of integrated computer systems for credit unions of all sizes. Symitar currently serves more than 750 credit unions as a single source for integrated, enterprise-wide automation and as a single point of contact and support. Additional information is available at www.symitar.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,900 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community to mid-tier institutions with information processing solutions. Symitar® is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides best-of-breed solutions that enhance the performance of domestic and international financial institutions of all asset sizes and charters using any core processing system, as well as diverse corporate entities. 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.
SOURCE Jack Henry & Associates, Inc.