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Jack Henry Hit with OCC Enforcement Order

Federal regulator orders Symitar provider to resolve disaster recovery issues following Hurricane Sandy.

By Marc Rapport | Updated on March 12, 2014

Jack Henry & Associates is four months into an enforcement order from federal regulators regarding its disaster recovery and business continuity planning processes.

The Monett, Mo.-based company entered into a formal agreement with the OCC, FDIC and the Federal Reserve to resolve issues around the recovery of operations at a bank item processing facility in Lyndhurst, N.J., that was damaged by Hurricane Sandy  in October 2012.

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