Core Insights - Traditional Bank has selected Jack Henry to enhance its technology framework, improve employee and customer experiences, and support future growth [1][3] - Traditional Bank, founded in 1902, has grown to operate 19 branches with total assets of $2.4 billion, focusing on organic growth and community needs [2] Company Transition - Traditional Bank is moving from an in-house IT environment to Jack Henry's hosted core processing platform, allowing IT staff to focus on strategic initiatives like AI and digital innovation [3] - The transition aims to minimize errors and streamline processes through automation, enabling frontline staff to dedicate more time to customer interactions [3] Strategic Alignment - The decision to partner with Jack Henry was influenced by their open ecosystem and integration capabilities with over 950 API-integrated fintechs, which is essential for Traditional Bank's operations [4] - Traditional Bank's leadership emphasized the importance of a technology provider that is forward-looking and capable of supporting unique initiatives without creating obstacles [4] Industry Context - Jack Henry is recognized as a financial technology company that fosters connections between financial institutions and their clients, offering a collaborative ecosystem for innovation [4] - The company has been providing technology solutions for nearly 50 years, empowering approximately 7,400 clients to innovate and compete effectively in the evolving financial landscape [4]

Core Insights - QCR Holdings, Inc. has selected Jack Henry to modernize its technology infrastructure and standardize operations across its four subsidiary banks, aiming for a data-driven growth strategy [1][3]. Company Overview - QCR Holdings, Inc. is a $9 billion financial services company with four community-focused banks operating in Iowa, Illinois, and Missouri, providing commercial, retail, and wealth management services [2]. Technology Transition - QCR Holdings is transitioning all four banks to Jack Henry's modern core processing platform, which will enhance technology foundations while maintaining each bank's autonomy [3]. - The integration of products like Enterprise Workflow and Synergy is expected to streamline operations and improve efficiency [3]. Strategic Alignment - The partnership with Jack Henry is seen as crucial for enhancing client and employee experiences, improving efficiency, and reducing costs while preserving the banks' independence [4]. - Jack Henry's Data Hub will provide real-time data access and facilitate efficient system integrations, supporting QCR Holdings' growth plans [4]. Future Growth Potential - QCR Holdings aims for sustainable growth beyond its near-term goal of $10 billion in assets, with Jack Henry's technology aligning with its future innovation strategy [4]. - The focus is on enhancing client relationships while maintaining the personal service that characterizes their community banking approach [4].