MONETT, Mo. – Jack Henry & Associates, parent company of credit union data processor Symitar, has acquired Minnesota-based RPM Intelligence, LLC, a provider of profitability software for financial institutions doing business as Stratika. Terms of the deal were not disclosed. "Some of our largest and most progressive bank clients have contracted or implemented RPM and fully endorse the system's capabilities. We are convinced that RPM is competitively distinct, can materially benefit our bank and credit union clients, and is affordable for even our smallest clients," said Jack Henry President Tony L. Wormington. According to Jack Henry, RPM products will be integrated with Jack Henry's SilverLake(R), CIF 20/20(R), and Core Director(R) core banking solutions; and the Episys(R) and Cruise(R) credit union core processing solutions provided by Jack Henry's Symitar subsidiary.
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