Jack Henry & Associates expands relationship with IT-Lifeline and Disaster Recovery Solutions available for banks and credit unions nationwide
Centurion Enterprise-Level Recovery enhances suite of disaster preparedness and recovery solutions
MONETT, MO (September 11, 2013) — Jack Henry & Associates, Inc. (NASDAQ:JKHY), a leading provider of technology solutions and payment processing services primarily for the financial services industry, announced today that it has expanded its relationship with IT-Lifeline which enabled the addition of Centurion Enterprise-Level Recovery™ to its suite of disaster preparedness and recovery solutions.
Centurion Enterprise-Level Recovery is an enterprise-wide data protection and recovery solution for Windows® servers and their resident data. This cost-effective, secure data vaulting service supports Windows-based core systems, complementary banking solutions, and ancillary business systems such as email and office document platforms. The disk-based data protection and recovery services enable financial institutions to enhance their business continuity planning and testing, and expedite disaster response with immediate data access and recovery and local data restores. Centurion Enterprise-Level Recovery provides offsite data storage, eliminates the time and cost associated with tape-based recovery, provides workstation access from any location with an Internet connection, and is compliant with the FFIEC requirements for progressive and periodic testing of business continuity and disaster recovery capabilities. This cloud-based information protection and recovery solution leverages stringent operational and security controls, a sophisticated technology infrastructure, state-of-the-art facilities, and certified experts.
According to Doug Childress, Jack Henry & Associates’ general manager responsible for the Centurion offering, “Considering the ever-increasing regulatory scrutiny and the magnitude of the natural disasters our country has experienced during the past several years, business continuity planning and disaster recovery are top-of-mind concerns for most financial institutions. Banks and credit unions are required to have proven plans and the operational redundancies to continue serving their customers and members during temporary business interruptions or catastrophic disasters. Our suite of Centurion solutions has been assembled to support virtually every component of our clients’ operational infrastructures with proven solutions that include business continuity consulting, disaster recovery hot sites and mobile banking centers, hardware redundancy alternatives, an array of data replication and electronic vaulting solutions, check and document image vaulting solutions, and even a staff emergency communication system. Centurion Enterprise-Level Recovery is a strategic addition to our Centurion products and services that help our diverse clients meet regulatory requirements, prepare for the unexpected and unavoidable, and expedite their return to business-as-usual.”
Matt Gerber, CEO of IT-Lifeline, said, “We are excited about the opportunity to expand our strategic alliance with Jack Henry & Associates and to support its nationwide customer base with our proven solution for protecting financial institutions’ Windows servers and their resident data with electronic vaulting, testing, and recovery. We share an interest in helping banks and credit unions meet FFIEC requirements and together we offer a complete solution for disaster recovery compliance.”
IT-Lifeline is the leading provider of comprehensive disaster recovery and compliance testing solutions for the financial services industry. IT-Lifeline’s solutions enable a bank or credit union to test the organization’s compliance with FFIEC requirements for business continuity and disaster recovery, alongside the institution’s ability to protect data and quickly recover key IT operational systems after a system failure or other type of disaster. The company provides compliance testing and recovery services for banks and credit unions nationwide and has been focused on the financial services industry since 2002.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ: JKHY) is a leading provider of computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve more than 11,300 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community to mid-tier institutions with information processing solutions. Symitar® is the leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides best-of-breed solutions that enhance the performance of domestic and international financial institutions of all asset sizes and charters using any core processing system, as well as diverse corporate entities. 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.