Company and tech news from the region.
Bentley honored by tech council
Exton-based Bentley Systems Inc. was named Technology Company of the Year during the Eastern Technology Council’s 13th Annual Enterprise Awards ceremony in November.
The Enterprise Awards recognize the achievements of the most outstanding technology and life sciences companies and CEOs in the Philadelphia area. Other finalists for Technology Company of the Year included SAP America and eResearchTechnology.
The award recognizes the company that best demonstrates leadership and innovation in its industry or market, significant company milestones including financial accomplishments, and community and industry involvement.
Bentley provides software for the lifecycle of the world’s infrastructure. The company’s portfolio for the building, plant, civil, and geospatial vertical markets spans architecture, engineering, construction (AEC) and operations.
Wachovia announces school loan Web site
Wachovia’s student lending division, Wachovia Education Finance, has launched an improved Web site.
The site is www.wachovia.com/education. The new Web address will be Wachovia Education Finance’s homepage, while the division’s old Web address at educaid.com will be a redirect to the new site.
Both student and parent visitors to the new site can apply for an education loan and sign it electronically online, participate in online counseling seminars, calculate repayment costs, or access existing account information.
Wachovia officials said in addition to simplifying the navigation, the new site features valuable new content such as “Just for You” sections designed with specific information for students, parents, and school officials. And for those students and parents who are new to the student loan process, the new site offers a “Five Steps to Financial Aid” tool that quickly explains all of the necessary steps.
XRT makes American Banker list
King of Prussia-based XRT, a maker of treasury management products, was named to the FinTech100 rankings as published by American Banker and Financial Insights. The annual, internationally recognized ranking is categorized and evaluated based on fiscal year-end revenues and the percentage of revenue attributed to financial services. Placing 68th, this is XRT’s first appearance in the ranking.
The FinTech 100 ranking follows a series of recent accolades for XRT. Recently, the company was named the top treasury service provider in a 2005 European Treasury Survey published by FX&MM Magazine. XRT also figures in Software Magazine’s 2005 Software 500.
IT worker confidence up in November
Confidence in the employment market among IT workers rose marginally in November, as the sector’s Hudson Employment Index inched up 2.2 points to 101.1. Renewed confidence in personal finances and heightened job satisfaction contributed to the slight increase. Technology workers were about as optimistic as workers overall; the composite Index held steady in November, slipping just .04 points to 100.1.
Nearly half (48 percent) of the workers in the IT sector reported that their financial situations were improving in November, up from 38 percent the previous month. There was a six-percentage point drop to 35 percent in the number reporting that their finances were getting worse. Job satisfaction rose five points to 76 percent in November.
However, the IT workforce was significantly more likely to expect layoffs in November, as that figure increased from 22 percent to 27 percent. The number of workers concerned about job security rose five points to 32 percent.
New Jersey group lauds city Web site
The New Jersey State League of Municipalities gave its public affairs award to a Web site created by Tara Communications.
The site, www.woodbury.nj.us, is the first government Web site created by Tara, a Turnersville, N.J., public relations, marketing and Internet communications firm.
The site provides information on the city and its government, Rick Alcantara, principal of Tara Communications, said.
Tara Communications is currently creating sites for West Deptford Township and the Gloucester County Improvement Authority’s Stormwater Management Program in New Jersey.
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