MONETT, Mo., July 26, 2016 /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 ProfitStars® division announced today the strong adoption of Centurion Enterprise-Level Recovery™, a solution that secures Windows®-based core systems, software, and data assets for financial institutions that have their servers in-house. More than 100 banks and credit unions have implemented the service for rapid data recovery and improved security.
With the Centurion Enterprise-Level Recovery system, financial institutions are able to maintain the integrity of core and third-party systems in the event of a catastrophe or power loss. The cloud-based solution encrypts data and stores it in Jack Henry & Associates' secure data center facility.
Jonah LaFollette, vice president of information technology at Northridge, Calif.-based Matadors Community Credit Union, shared, "Centurion Enterprise-Level Recovery provides our credit union with a robust disaster recovery solution in a secure location. In the event of a disaster, the cloud-based solution would help ensure a rapid recovery of both Windows and Symitar core servers. Jack Henry's expertise in managing and testing our disaster recovery plan is invaluable."
The solution's cloud-based technology allows for data backups to occur at more frequent intervals – an improvement over traditional nightly backups. Data can be recovered promptly, ranging from minutes to hours per server, providing a significant reduction in most recovery time objectives.
Russ Bernthal, president of ProfitStars, added, "We are experiencing significant demand for Centurion Enterprise-Level Recovery as financial institutions realize the value of outsourcing their disaster recovery plans. Jack Henry & Associates is a trusted partner with the infrastructure and expertise to execute strategic, cost efficient and reliable plans. No one wants a worst case scenario, but should a disaster arise, it is comforting to know that your business operations are protected by best-in-class facilities and technology and supported by skilled staff with extensive financial institution experience."
As a diverse, global division of Jack Henry & Associates, Inc.® (JHA), ProfitStars® combines JHA's solid technology background with the latest breakthroughs in six performance-boosting solution groups – Financial Performance, Imaging, JHA Payment Solutions, Information Security & Risk Management, Retail Delivery, and Online & Mobile. Explore the power of ProfitStars-enhanced performance at www.profitstars.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its solutions serve almost 10,600 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community banks to multi-billion dollar institutions with information processing solutions. Symitar® is a leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. 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.