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Symitar launches marketplace for credit unions to share programming ideas

16 August 2012  |  3739 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
A Finextra member | 16 August, 2012, 10:38

so

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Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 17 August, 2012, 17:01

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

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