The banking division of Jack Henry & Associates has been selected by the Bank of the Sierra to provide its SilverLake System core processing platform to provide enterprise-wide automation.
Jim Holly, president and chief executive officer of the Bank of the Sierra, said: "We believe technology is a key component in our ability to meet our performance and growth goals."
The company is a provider of technology solutions and payment processing services primarily for the financial services industry and will offer its product to the California-based institution using an outsourcing model.
Mr Holly confirmed the SilverLake platform, with its "broad array of complementary solutions", met the firm's functional requirements the most and Jack Henry Banking's proven service culture will meet the expectations set in place.
Stan Viner, general manager of sales for Jack Henry Banking, said he was confident the SilverLake platform will seamlessly support the bank's evolving business strategies, growth opportunities and dynamic customer and market needs.
By Tony Aynsley