MONETT, Mo. - Cardtronics LP and eClassic Systems, a subsidiary of Jack Henry & Associates Inc., have signed a deal to implement additional modules of eClassic Systems' ATM channel management solution for Cardtronics fleet of more than 25,000 ATMs, according to a news release.
Cardtronics will add the Advanced Cash Management, Interchange Fee Calculations and Branding Program Analysis modules to the ATM Manager Pro module, which it has used since 2000.
In addition to the functionality provided by ATM Manager Pro, Cardtronics will deploy an executive dashboard developed by Tangent Analytics, another subsidiary of Jack Henry. Tangent Analytics develops data consolidation, reporting and analysis systems, as well as Web-based dashboards that provide desktop access to user-defined decision-support information, performance metrics and analysis tools.
"We are convinced that ATM Manager Pro will efficiently support our growing number of branding programs, financial institution alliances and surcharge-free programs," said Mike Clinard, Cardtronics' chief operating officer. "The new capabilities to independently calculate interchange fees and revenue owed to Cardtronics from all authorized networks, to optimize cash utilization rates and replenishment schedules, and to reduce the cost of funds while ensuring each terminal has enough cash to support customer usage are additional benefits that will enhance our business."
Jack Prim, Jack Henry's chief executive, said his company's diversification is helping it attract "non-traditional" companies like Cardtronics. "The ATM channel management solution provided by eClassic Systems and the business intelligence platform provided by Tangent Analytics demonstrate our unique ability to leverage the core competencies of select acquired companies to deliver competitively distinct, fully integrated business solutions. We expect the ability to selectively bundle the products and services offered by these companies will enable us to attract significant new clients in our traditional and non-traditional markets, and generate ongoing cross sales."
