Dallas, Texas – 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 again ranked among the world’s leading managed service providers on Penton Technology’s eighth annual MSPmentor 501 Global Edition.
This MSPmentor list and report identifies the world’s top 501 managed service providers. In its fifth consecutive year of being recognized, ProfitStars’ ranking climbed to 31st. The company was ranked 36th on last year’s list and 43rd the year prior.
Russ Bernthal, president of ProfitStars, said, “Our ascending position within the MSPmentor 501 supports our commitment to, as well as our delivery of, proven managed services from the Gladiator Technology team. The risk mitigation, infrastructure, and IT management needs of financial institutions continue to evolve and expand. We feel that our successive recognition on this global list of MSPs demonstrates ProfitStars’ awareness of these needs, and our ability to provide solutions that effectively address them.”
This year’s top MSPmentor 501 companies recorded higher recurring revenues than ever before; their combined total annual recurring revenues were $3.95 billion in 2014, up 26.5 percent over the year prior. MSPmentor gathered information for its annual rankings through the participation of managed service providers and IT service providers in a survey conducted December 2014 to January 2015. Rankings are based on Penton Technology’s unique criteria for MSPs such as annual recurring revenues, total revenues and more.
"We want to congratulate ProfitStars and look forward to covering its growth strategies in the year ahead," said Marcia Parker, executive director, Penton Technology Group.
ProfitStars' Gladiator Technology serves more than 1,000 financial institutions with a comprehensive portfolio of solutions that includes IT regulatory compliance services, managed security services, networking and communications services, and infrastructure and IT management 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 drives performance for more than 16 million professionals each and every day. They rely on us to deliver: Insights, information & workflow tools to inform critical business decisions; networking & community to engage them with industry peers & partners; and data & marketing services to advance their business performance & deliver ROI. Penton is a growth company with a track record of strong performance and success and is backed by its co-owners: MidOcean Partners and U.S. Equity Partners II, an investment fund sponsored by Wasserstein & Co., LP. For additional information on the company and its businesses, visit www.penton.com.
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, 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 computer systems and electronic payment solutions primarily for financial services organizations. Its technology solutions serve almost 11,300 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 the 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.