Jack Henry & Associates Inc., a provider of integrated technology solutions and data-processing services for financial institutions, has signed with First National Bank of Florida to provide its SilverLake core processing system for enterprise-wide automation.
First National, which has more than $392 million in assets, will implement SilverLake through Jack Henry Banking's outsourced offering, Jack Henry says in a news release.
"Replacing our Jack Henry technology platform seemed like a prudent decision at the time it was made by the former manager of our IT department," said Greg Adams, senior vice president and chief financial officer of First National Bank of Florida. "But after actually experiencing the differences between the two systems and the two companies, we decided that returning to SilverLake-based operations is in the best interest of our bank and our customers. Returning to a technology partnership with Jack Henry Banking will provide our bank with a single point of ongoing contact, support and accountability for our enterprise-wide technology platform. And it means we are entrusting our bank to a technology partner whose primary focus is the banking industry."
In addition to SilverLake, First National is expected to implement Jack Henry Banking's Vertex Teller Automation System, the NetTeller Online Banking platform, the InTouch Voice Response full-service telephone banking solution, Relationship Profitability Management enterprise-wide profitability solution, components of the Synergy Enterprise Content Management solution and the Yellow Hammer fraud detection and prevention solution.
