ICT

Symitar Systems (Jack Henry & Associates Inc)

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
Symitar Systems (Jack Henry & Associates Inc) - ICT showcase

Year Founded & Workforce

1975-12-31

6,847 Employees

Industry

ICT

Services

S

Symitar Systems (Jack Henry & Associates Inc) Overview

Company Headquarters: United States

Founded: 1976

Workforce: ~6,847

Company Working: Jack Henry & Associates Inc. (JHA) is a company that provides technology solutions and payment processing services. The company provides solutions and services for transaction processing, business process automation, and information management. It provides services under the labels Jack Henry Banking, Symitar, and Profit Stars. In collaboration with respective firms, JHA also sells hardware solutions such as IBM Power Systems, Canon, Epson, Digital Check, and Panini check scanners, and Lenovo, HP, and Dell workstations and servers. It also provides digital products and services via the Banno digital platforms. The organization offers its services through direct sales teams and sales personnel. Jack Henry works with over 1,000 banks and 800 credit unions. In 2014, Jack Henry & Associates’ Symitar division introduced Episys Anywhere, a native app that enables credit union employees to conduct common branch activities on a tablet.

Strategy

Jack Henry's business strategy is to increase sales and earnings through organic expansion and strategic acquisitions. Also, the company focuses on delivering superior functionality to core operating systems to commercial banks and credit unions, as well as supporting on-premises and private cloud delivery settings with identical functionality. Increasing the value of each core client relationship by cross-selling complementary products and services that improve the functionality of our core information processing solution.

Company Snapshot

$1,552.69M

Revenue

6,847

Employees

1975-12-31

Founded

United States

Headquarters

SWOT Analysis

Strengths

  • Strong dealer community
  • Strong customer base

Weaknesses

  • Need to expand more outside US

Opportunities

  • Technological advancements in banking sectors

Threats

  • Increasing competition

Key Developments

DateApproachDevelopment
October 2022Product LaunchJack Henry has established its own person-to-person (P2P) payment solution. The Payrailz Digital Payments Platform, which Jack Henry purchased on September 1, 2022, powers the P2P solution, which is now available for standalone implementation or as a strategic component of the full Payrailz payments platform.
August 2022AcquisitionJack Henry has entered into a final agreement to purchase Payrailz, bringing the company's next-generation digital payment capabilities, including real-time person-to-person (P2P) payments, to Jack Henry's payments ecosystem.
December 2021CollaborationJack Henry collaborated with Envestnet | Yodlee, a premier data aggregation and analytics platform that powers dynamic, cloud-based innovation in digital financial services. The roughly 530 financial institutions that use the Banno Digital Platform may now quickly and simply integrate Envestnet | Yodlee-supported financial wellness apps and experiences into their digital experiences.

Product Offering

  • Symitar Systems (Jack Henry & Associates Inc)
    • Core Banking Solutions

Financial Performance

A plan for every need

Forecast+

Get unlimited access to forecasts, charts, and company data across every research report on Wantstats.

USD200/mo

About the Author

Wantstats Research Team

Wantstats' research desk profiles Symitar Systems (Jack Henry & Associates Inc) as part of our ongoing coverage of the ICT sector, drawing on public company data, filings, and market intelligence.

Powering the world's best teams.
From next-gen startups to established enterprises.

Google logo
Amazon logo
Microsoft logo
Intel logo
Neste logo
McKinsey & Company logo
Deloitte logo
Accenture logo
Oracle logo
PWC logo
EY logo
Honeywell logo

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Symitar Systems (Jack Henry & Associates Inc)

Starting from
$4,950