JHA Acquisition of Goldleaf - Bigger than it Looks

Celent will help qualify your requirements and introduce you to the vendor
Spotted a missing vendor? Use this form to alert a vendor to the Celent service
Create a vendor selection project & run comparison reports
Register to access this feature
Click to express your interest in this report
Indication of coverage against your requirements
Vendor requires PRO subscription to activate this feature
Requires research subscription, contact Celent for more info
18 August 2009
Bob Meara
Goldleaf Financial Solutions is not a big company (US$80 million in 2008) – certainly not by US core system vendor standards, but the acquisition of Goldleaf by Jack Henry & Associates may be bigger than it appears. For its size, Goldleaf has a large share of the distributed capture market. With more and more financial institutions adopting branch capture (in many cases at the teller line) JHA was wise to be interested in Goldleaf’s installed base. Conversely, JHA provides the teller system of choice to roughly 12% of small banks (<$1b in assets) and 18% of midsize banks ($1b - $10b in assets) by our calculation. That’s a great installed base of teller systems to equip with distributed capture technology. [caption id="attachment_789" align="alignleft" width="801" caption="JHA Brings a Big Teller System Installed Base"]JHA Brings a Big Teller System Installed Base[/caption] Properly integrating teller and capture systems has proven to be easier said than done. Doing so is a prerequisite for a smooth running teller capture implementation. After a few years (since Check 21) now, there have been relatively few “certified” integrations, and Goldleaf leads the pack by a large margin. Its experience in this area will likely prove valuable to JHA which, despite its size, has had little to show in this area.

Insight details

Content Type
Asia-Pacific, EMEA, LATAM, North America