Source: Jack Henry
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 today announced that American National Bankhas selected the SilverLake System®. The bank will implement the core processing system through JHA OutLink Processing Services™ (JHA OPS), Jack Henry Banking's outsourced offering.
Omaha, Neb.-based American National Bank, with $3.3 billion in assets and over 550 employees throughout Nebraska, Iowa and Minnesota, was looking for a core partner that could provide a strong relationship that mirrored its own service values while also offering competitive, in-demand technology. The bank chose Jack Henry Banking's SilverLake System to replace its core provider of 37 years because of the system's modern, intuitive approach to today's banking environment.
Mike Bauer, CIO of American National Bank, stated, "The future of this institution starts with our conversion to SilverLake System's contemporary technology and experience-oriented infrastructure. It is an opportunity to create a new set of best practices - a complete operational overhaul that will revitalize the customer and employee experience. We anticipate that this fresh way of banking will attract new talent and encourage new leadership to rise from within the bank as well."
Jack Henry Banking's digital banking, business banking and business process workflow features were especially attractive to American National Bank. The bank selected Banno Mobile™, to provide customers with a simple, highly customizable mobile app. It supports a user friendly view of financial portfolios, featuring only what customers determine as relevant, while providing the bank with a detailed user profile for support.
American National Bank will be able to support large commercial customers using a variety of Jack Henry & Associates' solutions found in the SilverLake System, including iPay Business Bill Pay™, sophisticated treasury management tools, and extensive commercial loan functionality. The bank also plans to use jhaEnterprise Workflow™ to simplify multi-step business processes and further enhance enterprise efficiencies.
Stacey Zengel, president of Jack Henry Banking, added, "American National Bank understands and values our commitment to providing excellent service and a comprehensive, modern banking experience. The bank plans to take full advantage of the sophisticated services that the SilverLake System offers, which can build and sustain customer and employee relationships well into the future."