Axletree Solutions Inc., Expands Leadership Team to Address Growing Demand in Bank Communications and Treasury Automation Solutions

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Axletree Solutions Inc., a hosted banking communications and treasury management specialist, today announced the expansion of its core management team by bringing on board Mr. Frank Filice, as Vice President, Sales. Frank brings over twenty five years of professional experience in enterprise software and solution sales - most recently managing sales and operations with firms specializing in business intelligence and analytical software.

Axletree Solutions Inc., a hosted banking communications and treasury management specialist, today announced the expansion of its core management team by bringing on board Mr. Frank Filice, as Vice President, Sales. Frank brings over twenty five years of professional experience in enterprise software and solution sales - most recently managing sales and operations with firms specializing in business intelligence and analytical software.

Axletree Solutions is a leading provider of SaaS based SWIFT Connectivity and Treasury Automation solutions to Fortune 500 corporations and banks worldwide, and is gearing itself for success in Treasury Management Systems (TMS) by enhancing its leadership team.

Market pressures in managing cash are forcing treasurers to move away from Excel spreadsheets to lightweight TMS on the cloud with the a shift towards SaaS based offerings. This shift is gaining momentum with the consolidation among larger TMS vendors. There is increase in demand for integrating bank communications and treasury automation solutions in corporates. Axletree is uniquely positioned to offer best-in-class treasury automation solutions that seamlessly integrate with SWIFT and enhance Straight Through Processing.

"We are delighted to welcome Frank to Axletree’s leadership," said Mohan Murali, President, Axletree Solutions Inc. “Frank’s rich experience in financial services, education, government, telecom, insurance and healthcare will serve Axletree well as we continue to grow," said Mohan.

The sales team is further strengthened by the addition of Mr. Roy Sudeepto, an expert in SWIFT solutions and a certified AML specialist. In addition to enhancement of its sales team, Axletree management has also promoted Mr. Martin Lightman to the position of Chief Operating Officer, to spearhead the organization's business operations.

Continuing its focus on growth, Axletree has upgraded its existing infrastructure to provide enhanced performance, resiliency and reliability while increasing its ability to manage the tremendous growth in clients’ needs and messaging volumes.

About Axletree Solutions Inc.    
Axletree Solutions is a bank communication and treasury automation specialist, providing end-to-end solutions to banks and Fortune 500 companies worldwide. With a dedicated team of specialists, and fully managed data centers in the United States, Axletree delivers a wide range of cutting edge solutions for banks and corporates. These solutions include Software-as-a-Service based SWIFT Connectivity Solutions, Cash and Liquidity Management, Format Translation & Integration, Regulatory Compliance and Core Banking solutions to help corporates and banks efficiently manage, optimize, and improve their global messaging and treasury operations. Axletree’s consulting services provide strategic advisory and professional services to help companies leverage the benefits of automation. To learn more about Axletree, visit http://www.axletrees.com.

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