Charlotte-based Optinfo (www.optinfo.com), a provider of software and services for financial institutions, has been acquired by Missouri-based Jack Henry & Associates (www.jackhenry.com). Optinfo will operate as a wholly-owned subsidiary of Jack Henry. Additional terms of the aqcuisition were not disclosed.
Optinfo offers programs that are used for reconciliation, exception processing, and management of other data elements that reside within financial organizations. The company's nBalance technology is currently employed by over 35 financial institutions for compliance and risk-related process improvement.