May 15, 2024
BASKING RIDGE, NJ and SAN DIEGO, CA – FEB 19, 2025/PRNewswire/ – Ascendion, a trailblazer in AI-driven software engineering, is proud to announce it has partnered with Axos Bank, the nationwide bank subsidiary of Axos Financial, Inc. (NYSE: AX). The partnership will redefine high-net-worth banking and accounting by delivering improved customer experiences on Axos Bank’s Zenith platform.
Ascendion will leverage its AI-powered engineering systems for Zenith – a multi-entity, all-in-one solution for accounting, cash management, bill pay, payroll, relationship management, and integrated banking – that supports business management companies serving the entertainment industry. The partnership will create a dynamic, turnkey platform that saves Axos client’s time by streamlining bookkeeping and payments functions.
“As a pioneer in digital banking, Axos continuously invests in improving our customer experience,” said David Park, EVP, Head of Axos Commercial Bank. “Our partnership with Ascendion will accelerate our efforts to modernize banking for business managers, family offices, and their clients – blending cutting-edge technology with exceptional service.”
“We are thrilled to partner with Ascendion to create a platform that will set a new standard for the digital banking experience,” said Marc Kantor, SVP, Head of Commercial Operations & Technology at Axos Bank and COO of Zenith Information Systems. “Ascendion’s expertise and commitment to innovation are evident, and we are excited about the business outcomes this partnership will deliver.”
The Axos and Ascendion teams will work together to deliver:
“This partnership isn’t about technology alone—it’s about changing lives with agentic AI. Together with Axos Bank, we’re charting a course for a future where banking is faster, smarter, and infinitely more human,” said Karthik Krishnamurthy, CEO at Ascendion. “We’re grateful for the trust placed in us by Axos Bank leaders. This partnership with Axos Bank illustrates Ascendion’s commitment to bring Engineering to the Power of AI to clients, and it aligns with our mission to positively impact lives with technology.”
Ascendion is a leader in AI-powered software engineering, helping businesses innovate faster, smarter, and with greater impact. We partner with Global 2000 clients across North America, UK, Europe, and APAC to solve complex challenges in data, experience design, software product engineering, and workforce transformation. Powered by expert engineers, thousands of AI agents, and our Engineering to the Power of AI™ (EngineeringAI) method, we deliver measurable outcomes that build trust, unlock value, and accelerate growth. Learn more at ascendion.com.
Engineering to the Power of AI™, AAVA™, EngineeringAI, Engineering to Elevate Life™, Enterprise PlatformsAI, Data & InsightsAI, ExperienceAI, GCCAI, OperationsAI, Platform EngineeringAI, ProductAI, and Quality EngineeringAI are trademarks or service marks of Ascendion®. AAVA™ is pending registration. Unauthorized use is strictly prohibited.
Axos Financial, Inc., with approximately $23.7 billion in consolidated assets as of December 31, 2024, is the holding company for Axos Bank, Axos Clearing LLC, and Axos Invest, Inc. Axos Bank provides consumer and business banking products nationwide through its low-cost distribution channels and affinity partners. Axos Clearing LLC (including its business division Axos Advisor Services), with approximately $37.7 billion of assets under custody and/or administration as of December 31, 2024, and Axos Invest, Inc., provide comprehensive securities clearing services to introducing broker-dealers and registered investment advisor correspondents, and digital investment advisory services to retail investors, respectively. Axos Financial, Inc.’s common stock is listed on the NYSE under the symbol “AX,” and is a component of the Russell 2000® Index, the S&P SmallCap 600® Index, the KBW Nasdaq Financial Technology Index, and the Travillian Tech-Forward Bank Index. For more information regarding Axos Bank, please visit https://www.axosbank.com.
