Jack Henry & Associates, Inc. has introduced JHA Marketplace, an online store that makes it possible for banks to access and exchange applications associated to workflow automation, flexible information integration, and other performance-driving functions. PowerOn is a popular energy permitting a bank's IT personnel to easily develop shows solutions independent of the core code, providing financial institutions the freedom to use their core platform in a way more customized to individual requirements.
The $2.4 billion-asset First Community Bank, based in Bluefield, Va., is anxious to execute as many PowerOns as possible to further boost its frontline environment. Steve Lilly, the bank's chief running policeman, kept in mind, "JHA Marketplace is a creative, efficient way to provide the entire spectrum of what's being developed by Jack Henry Banking organizations to its entire user base. We appreciate this distinct method that allows us to share new ideas and integrate them into our various bank environments. The brand-new resources will increase the application of PowerOns, producing more effectiveness and developments for all of us."
Washington-based Banner Bank was an early adopter of the PowerOn capabilities. Bev Miller, senior vice president of loan operations supports at the $9.4 billion-asset bank, said, "PowerOn leverages the knowledge of our software application engineers, and makes it possible for presentment of non-JHA options in a manner that is efficient and easy to use. Since being exposed to exactly what is possible with PowerOn, we continue examining new development opportunities to expand access to supplementary systems. The availability of JHA Marketplace ought to increase interest and sharing of code amongst the neighborhood of Jack Henry banks and reveal untapped capacity of our core systems."
As a collaborative environment, JHA Marketplace offers banks the chance to firmly exchange programs, concepts and applications that eventually improve system functionality and efficiency. It allows applications to be released and downloaded by any user, which can then be customized to fit the bank's particular requirements.
Stacey Zengel, president of Jack Henry Banking, added, "The flexibility of PowerOn empowers our more than 1,200 core bank clients to develop added layers of core modification based upon their requirements, and at their own pace. JHA Marketplace goes a step further, providing them a centralized online shop where they can exchange concepts in a protected, reputable method. We are excited about the growing number of applications provided in JHA Marketplace, and anticipate seeing them equate into new efficiencies and expense savings for our bank clients."