More NewsAxletree and Pinnacle to Offer Core Banking and Trade Finance Applications

Axletree and Pinnacle to Offer Core Banking and Trade Finance Applications

Axletree Solutions, a provider of fully managed end-to-end SWIFT connectivity solutions, and Pinnacle Solutions Incorporated (PSI), provider of the Synergy suite of banking and trade services software, have partnered to offer Synergy suite on Axletree’s service bureau.

Synergy is a web-based suite of integrated banking applications for payments, accounts, cash management, loans and deposits, trade services, and for corporate treasury multi-bank trade services application. Synergy is now available on Axletree’s hosted SWIFT connectivity platform, providing customers with a complete, secure, outsourced, software-as-a-service (SaaS) solution for:

  • International payments via SWIFT.
  • SWIFT messaging.
  • Demand deposit account (DDA) processing with SWIFT intraday and end-of-day statements nostro processing.
  • Money market lending and deposits with SWIFT confirmations and payments.
  • Trade services with SWIFT connectivity for inbound and outbound, including MT798.
  • Corporate trade services with SWIFT connectivity including MT798 foreign exchange (FX) with SWIFT confirmation and payments (available 2012).

“Axletree’s partnership with Pinnacle Solutions can add tremendous value to our banking customers. With Synergy part of our unique marketplace of hosted value added solutions, banks can now avail core banking and SWIFT connectivity services through Axletree,” said Mohan Murali, president, Axletree Solutions.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha