Jack Henry & Associates' (Monett, Mo.) Jack Henry Banking was chosen by Whitney National Bank (New Orleans; $12 billion in assets) as its technology partner and the SilverLake System as the bank's technology platform.
In addition to SilverLake and ArgoKeys, from Jack Henry partner Argo Data Resources, Whitney National will initially implement an array of Jack Henry's complementary solutions including the Vertex Teller Automation System, the Synapsys sales force automation and marketing solution, modules of the Synergy Enterprise Content Management (ECM) solution, the Yellow Hammer suite of fraud detection and prevention solutions, the 4|sight Item Imaging platform, Check 21 solutions, the Smart GL general ledger exception management and settlement solution, and the jXchange services-oriented architecture solution.
Francisco "Frank" DeArmas, EVP, CIO"Operations & Technology Division at the bank said in a statement, "Our SilverLake decision was based on specific points of competitive distinction that we identified during our evaluation. Among the fundamental points that ultimately supported our decision were the system's extensive functionality and the ability to customize that functionality to support our unique business requirements, the satisfaction levels among existing SilverLake users with the system and support services, and the similar corporate culture that we share with Jack Henry & Associates."