KEY CONCEPTS
JKHY – Jack Henry and Associates Inc.
Jack Henry & Associates, Inc. (JKHY) is a financial technology company which provides customers and financial institutions services to reduce barriers to financial health. The company was founded in 1976 and is headquartered in Monett, Missouri. JKHY operates through four segments, namely Core, Payments, Complementary & Corporate and Other, under multiple brand names.
The company’s brands include the Jack Henry Banking brand which provides information and transaction processing solutions. The Symitar brand provides data processing solutions for various credit unions. The ProfitStars brand sells information security and risk management, retail delivery, and online and mobile solutions to financial institutions.
It operates through four segments: Core, Payments, Complementary, and Corporate and Other. The company offers information and transaction processing solutions for banks ranging from community to multi-billion-dollar asset institutions under the Jack Henry Banking brand; core data processing solutions for various credit unions under the Symitar brand; and specialized financial performance, imaging and payments processing, information security and risk management, retail delivery, and online and mobile solutions to financial institutions and corporate entities under the ProfitStars brand. It also provides a suite of integrated applications required to process deposit, loan, and general ledger transactions, as well as to maintain centralized customer/member information; and complementary products and services that enable core bank and credit union clients to respond to evolving customer/member demands.