July 7, 2016
DALLAS – ProfitStars®, a division of Jack Henry & Associates, Inc.® (NASDAQ:JKHY) that provides solutions to improve the performance of financial institutions and diverse corporate entities, today announced that its Gladiator Technology® solution has been named to Penton Technology’s annual MSPmentor 501: 2016 Global Edition, the IT channel’s largest and most comprehensive list of leading managed service provider organizations worldwide.
The MSPmentor 501 list has recognized ProfitStars’ Gladiator Technology for six consecutive years. The company ranks at #40 this year. For the first time, this year’s edition includes a refined methodology to ensure that the ranking is as forward-looking as possible. To qualify for ranking and for the sake of transparency, managed service providers were also asked for revenue verification from a certified financial professional. In total, the companies included on the list amassed a combined $9.82 billion in recurring revenue, based on 2015 numbers.
Russ Bernthal, president of ProfitStars, stated, “Managed services are gaining popularity in financial services, offering an opportunity to continue to grow this integral business. Six years of listing among the world’s leaders is evidence of our commitment to this field and its evolution.”
ProfitStars' Gladiator Technology serves more than 1,000 financial institutions with a comprehensive portfolio of solutions that includes secure cloud computing, IT regulatory compliance services, managed security services, networking and communications services, and managed IT services. The company helps financial institutions protect their critical systems and customer information in accordance with FFIEC regulations.
Marcia Parker, executive director of content for Penton Technology commented, “This year’s ranking was the most complete, precise and forward-looking list to date. We are proud to congratulate ProfitStars for its constant presence as a world leader in managed services.”
MSPmentor, produced by Penton Technology, features the industry’s top-ranked blog, research, Channel Expert Hour Webcasts and FastChat videos. It is the number one online media destination for managed service providers in the world.
Penton is an innovative information services company that empowers nearly 20 million business decision makers in markets that drive more than $12 trillion in purchases each year. Our products inform with rich industry insights and workflow tools; engage through dynamic events, education and networking; and advance business with powerful marketing services programs. Penton is the way smart businesses buy, sell and grow. Headquartered in New York, Penton is privately owned by MidOcean Partners and Wasserstein & Co., LP. For more information, visit http://www.penton.com or follow us on Twitter @PentonNow.
As a diverse, global division of Jack Henry & Associates, Inc.® (JHA), ProfitStars® combines JHA’s solid technology background with the latest breakthroughs in six performance-boosting solution groups – Financial Performance, Imaging, JHA Payment Solutions, Information Security & Risk Management, Retail Delivery, and Online & Mobile. Explore the power of ProfitStars-enhanced performance at www.profitstars.com.
About Jack Henry & Associates, Inc.
Jack Henry & Associates, Inc.® (NASDAQ:JKHY) is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Its solutions serve almost 10,600 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community banks to multi-billion dollar institutions with information processing solutions. Symitar® is a leading provider of information processing solutions for credit unions of all sizes. ProfitStars® provides highly specialized products and services that enable financial institutions of every asset size and charter, and diverse corporate entities to mitigate and control risks, optimize revenue and growth opportunities, and contain costs. Additional information is available at www.jackhenry.com.