Lex Litton is Senior Vice President of Phoenix-Hecht. His responsibilities include operations for all float-based collection and disbursement products, and the Blue Book of Bank Prices bank pricing survey. His group produces and provides customer support and training for the industry standard collection and disbursement products including the Postal Survey, the Clearing Study, the Collection Model, the Disbursement Model, and other PC-based lockbox and disbursement analysis tools. With over 20 years experience at Phoenix-Hecht, Mr. Litton has gained very specialized knowledge of the United States Postal Service operations, Federal Reserve and private bank availability offerings, the U.S. payment and clearing system processes, and private bank pricing. He is best known to bank Cash Management personnel for providing technical advice in the appropriate use of Phoenix-Hecht products for lockbox and disbursement operations and studies.

Mr. Litton's speaking engagements are usually associated with the technical application of Phoenix-Hecht products to solve problems in the collection or disbursement arena. He holds a B.S. in mathematics, with distinction, from Virginia Tech.