Castek One of Canada's 50 Best.TORONTO--(BUSINESS WIRE)--Dec. 15, 1999-- Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing honors Canadian Owned Software Company Castek Software Factory is one of the 50 best managed companies in Canada, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Arthur Andersen, which runs the prestigious National Competition for Canadian Privately Owned Companies. Arthur Andersen Enterprise Group made the announcement in today's National Post. The 50 best managed companies in Canada have outstripped their competitors, created thousands of jobs, produced accelerating revenues, and excelled both at home and abroad. Arthur Andersen selected Castek because of its superior vision, the implementation of its innovative and successful business strategy, its motivated team of employees and its outstanding customer service. "At Castek, as our core ideologies state, we lead through innovation and seek to capture strategic value in all activities. We get the job done, have fun and learn a lot, which is how we consistently fulfill our clients' needs and exceed their expectations," said Yung Wu, Castek President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "While we've enjoyed many measures of success over the past ten years, winning the 50 Best Managed is a pinnacle in our achievements to date. The real value of this award is that it recognizes the contribution made by each individual to Castek's overall success. Our people are the key reason for our success - we're proud to share this award with each one of them." In an e-business economy, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. organizations need software solutions that are responsive and faster than change itself. While others are taking first steps towards these types of solutions, Castek is already providing competitive advantage to customers such as Zurich Financial Services Zurich Financial Services Group is a major financial services group based in Zurich, Switzerland. Global operations North America The US consumer market is served primarily by Farmers Insurance Group the third largest personal lines property & casualty insurance Group and The Bank of Canada Bank of Canada Canada's central bank, established under the Bank of Canada Act (1934). It was founded during the Great Depression to regulate credit and currency. The Bank acts as the Canadian government's fiscal agent and has the sole right to issue paper money. . "Castek pioneered component-based development, an innovative approach to delivering large-scale, complex yet flexible and adaptable business software solutions. Our solutions have the inherent capability to be the drivers, not inhibitors of change as organizations reinvent and reconfigure themselves in the e-business driven economy," added Wu. "In the 9 years since inception, Castek has a 100 percent track record of delivering solutions to clients in very aggressive time frames - on time and on budget." This award comes at the end of a very exciting year for Castek which included: achieving an annual growth rate of over 70%; launching Insure3, a "best of breed" software solution for the insurance industry and; creating a partnership with IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) for the distribution of Insure3 in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. . About Castek Castek Software Factory Inc. is an information technology firm with offices in Toronto and Ottawa, Ontario; Cary, North Carolina Cary is the second largest municipality in Wake County, North Carolina and the third largest municipality in The Triangle (North Carolina) behind Raleigh and Durham. It is the seventh largest municipality in North Carolina. , and operations across North America. The company's focus is the delivery of strategic, component-based business software solutions to the financial services sector. Founded in 1990, Castek is recognized as a pioneer and leading practitioner of component-based development and application assembly from pre-built, reusable software components, delivering systems that are substantially more flexible, maintainable, and configurable than any other industry alternative. For more information, visit the company web site at http://www.castek.com About 50 Best The competition, commonly known as the 50 Best Awards Program, is sponsored by Arthur Andersen Enterprise Group, CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company , National Post and PeopleSoft and recognizes the 50 Best Managed Private Companies in Canada. The program was created in 1993 to recognize those companies who were achieving outstanding success and has continued to raise company profiles ever since. The competition is rigorously managed and reviewed, regionally and nationally, in order to come up with 50 winners to represent all of Canada. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion