Jack Henry & Associates, Inc., was selected by Microsoft Corp. as an Office 365 syndication partner in the financial services sector.
 
Office 365 is a cloud solution that delivers Microsoft’s productivity solutions over the internet. It consists of the Microsoft Office Suite, Microsoft Exchange, Microsoft SharePoint, and Microsoft Lync. Cloud-based delivery reduces the demands on financial institutions’ IT departments for in-house hardware configurations; software installations; and ongoing support, maintenance, administration, and capacity planning. Office 365 suite also hosts the Microsoft Exchange enterprise mail server. An intuitive control panel allows nontechnical associates to configure and customize Office 365. 

The Office 365 pay-as-you-go model enables financial organizations of all asset sizes to provide their employees with business tools, including email services, for an established, per-seat monthly fee. Office 365 also benefits from Microsoft’s uptime service-level agreement which is backed by financial guarantees.

Mark Forbis, vice president and chief technology officer of Jack Henry & Associates said, “As the economy continues to recover, virtually every financial institution is looking for solutions that will help them reduce operating costs while improving operating efficiencies. Office 365 clearly supports these industry-wide goals. This solution enables diverse financial institutions to ‘outsource’ another aspect of their technical infrastructure while adding a strategic component to our serverless strategy.”

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