MONETT, Mo. (7/26/11)--Jack Henry & Associates, Inc., a provider of computer systems and electronic payment solutions, has been selected by Microsoft as an Office 365 syndication partner. Office 365 is the cloud-based offering of the Microsoft Office Suite, Microsoft Exchange, Microsoft SharePoint and Microsoft Lync. Jack Henry & Associates, the 2010 Microsoft Independent Software Vendor Partner of the Year, was selected to be an Office 365 syndication partner in the financial services sector. Office 365 is a cloud solution that delivers Microsoft’s productivity solutions over the Internet. Cloud-based delivery is designed to reduce the demand on financial institutions’ information technology departments for in-house hardware configurations; software installations; and ongoing support, maintenance, administration; and capacity planning. Office 365 also hosts Exchange, Microsoft’s enterprise mail server. With the Office 365 pay-as-you-go model, financial institutions can provide their employees with business tools such as email services for an established, per-seat monthly fee. Office 365 also offers Microsoft’s uptime service-level agreement, which is backed by financial guarantees.