Two industry leaders in banking software, Hogan Systems Inc. and Jack Henry & Associates Inc., announced higher quarterly earnings last week, both exceeding Wall Street's expectations.

The two firms provide core accounting systems to financial institutions, albeit to different segments of the market - Dallas-based Hogan focuses mainly on mainframe software used by some the nation's biggest banks, and Monett, Mo.-based Jack Henry develops systems that run on midrange computers used mostly by community banks with assets under $2 billion.

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