Outsource Technology won a contract to handle the data processing of the First National Bank of the MidSouth in Sikeston, Mo.
The $260 million-asset bank will replace its in-house system. OuTech will assume support for all deposit, lending, and automated teller machine transaction functions. Conversion is scheduled for November 1994.
Ou Tech, a data processor headquartered in West Des Moines, provides financial application support for financial services firms. It is a subsidiary of Financial Information Trust, a financial data processor.
The company uses software from Information Technologies Inc., which has traditionally licensed its software to clients for use as an in-house system.
