13 October 2015

Symitar launches marketplace for credit unions to share programming ideas

16 August 2012  |  3345 views  |  2 Team meeting

Jack Henry & Associates unit Symitar has introduced an online space where its credit union customers can exchange programming ideas.

Credit unions that deploy Symitar's core Episys platform have long been able to customise it using the PowerOn tool, which incorporates an advanced scripting language and an intuitive interface that IT staff can use to develop custom applications independent of the core code.

Now, Symitar has unveiled a PowerOn Marketplace, a centralised community resource for Episys' 750-odd credit union customers to share, review, and adopt ideas and custom programming.

The marketplace will launch with more than 20 offerings, including eSnapshot, a credit union defined dashboard, and Sigpad Survey, which converts a common digital signature pad into a member survey platform.

Episys users will be able to download, customise, and deploy these, upload their own efforts and rate others. All of the tools are free this year, with credit unions then having the option to charge from January.

Ted Bilke, president, Symitar, says: "Candidly, previous methods of trading code were unsecure and sometimes exclusive, so we created PowerOn Marketplace as a convenient way to access, share, and rate solutions in a safe, reliable environment."

Separately, parent company Jack Henry has posted a full year revenue rise of six per cent, to $1.03 billion while net income was up 13% to $155 million. For the fourth quarter, revenue rose seven per cent to $266.6 million and net income 18% to $43.3 million.

Comments: (2)

A Finextra member | 16 August, 2012, 10:38


Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 17 August, 2012, 17:01

Interesting idea. Shall we call it "Open Source Within Closed Doors"?

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board, sign up now.

Related blogs

Create a blog about this story (membership required)

Related stories

07 May, 2010
06 May, 2009

Related company news

Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
European Parliament rubberstamps Payment S...
11555 views comments | 49 tweets | 66 linkedin
Banks must embrace fintech-fuelled payment...
9221 views comments | 35 tweets | 27 linkedin
Global transaction banking set to be a key...
6859 views comments | 10 tweets | 22 linkedin
London fintech investment in first three q...
6564 views comments | 29 tweets | 20 linkedin
Chinese hackers breach LoopPay
5717 views comments | 8 tweets | 7 linkedin

Featured job

to $120K base + bonus
New York City, NY (USA)

Find your next job