Jack Henry & Associates Inc (FRA:JHY)
€ 164.8 -1.65 (-0.99%) Market Cap: 12.17 Bil Enterprise Value: 12.26 Bil PE Ratio: 32.27 PB Ratio: 6.68 GF Score: 97/100

Jack Henry & Associates Inc at UBS Global TMT Conference (Virtual) Transcript

Dec 08, 2021 / 02:00PM GMT
Release Date Price: €137.65 (-2.13%)
Rayna Kumar
UBS - Analyst

Good morning, everyone. This is Day 3 of UBS' Global TMT Virtual Conference. I am Rayna Kumar, and I lead fintech equity research here at UBS. I'm happy to introduce David Foss, CEO and President of Jack Henry. Thanks for joining us today.

David B. Foss
Jack Henry & Associates, Inc. - Chairman of the Board, CEO & President

Yes. Happy to be here, Rayna.

Questions & Answers

Rayna Kumar
UBS - Analyst

Well, great. So to start off, David, if you can provide us an update on how you think financial institution IT spending, is going to trend for 2022? And what do you think are going to be the biggest areas of spending for banks and credit unions next year?

David B. Foss
Jack Henry & Associates, Inc. - Chairman of the Board, CEO & President

Yes. So it's kind of a fun topic to talk about right now because all the indicators that we're getting regarding spending expectations for 2022 are really pretty positive. So if you've

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