The Exaxe Blog has moved!

Exaxe are delighted to announce the launch of their new logo and new website: www.exaxe.com! We have also moved our blog over to www.exaxe.com/blog, so please pay us a visit as all of our blogs will now be posted at www.exaxe.com/blog.

Investments, not savings, are the answer

What’s the difference between saving and investing?  Many people confuse the two terms yet the difference is substantial.  Savings refer to zero risk products that usually gain a nominal interest, which is close to but does not meet the general inflation rate.  Thus the savings mount up over time but there is a gradual erosion of the purchasing power.

Investing is a risky business.  The gains are substantial but there are downsides and these can occasionally be quite severe.  Savings are important for society but the real driver of the economy is the level of investing in new productive capacity to grow the national domestic product.

Exaxe jobs announcement in the media!

This week we were delighted to announce our revenue growth and our job creation plan for the next three years.

Please see below for some of the coverage we received:

Irish Independent – Exaxe reports 30pc increase in revenue

RTE.ie News – Exaxe to add jobs in expansion plan

Herald.ie – 20 new jobs at IT group

SiliconRepublic.com – Life and pensions software firm to create 20 new jobs

FX Centre – Exaxe revenues surge, takes on staff

BusinessWorld.ie – Exaxe revenues surge, takes on staff

IrishBusinessForums.com – Exaxe to add jobs in expansion plan

Business & Leadership – Life and pensions software firm to create 20 new jobs

Exaxe provides a range of exciting career opportunities for business and technology specialists focused on the Life and Pensions industry.

Current vacancies are as follows:

• Senior Java Developer
• Business Analyst – Life & Pensions
• Developer J2EE – Life & Pensions

To enquire please email careers@exaxe.com

EXAXE reports 30% increase in revenues and job creation plans for next two years

Dublin, Ireland, 18th August 2011. Exaxe, the specialist IT solutions provider for the Life and Pensions industry, today announced a 30% increase in revenues for the year ending 2010 and its plans to expand the business with the generation of 20 new jobs over the next two years.

This revenue growth reflects the continued success of Exaxe’s innovative component based solutions for the Life, Pensions and Wealth Management sector. In 2010 Exaxe secured a contract with Capita the leading BPO provider in the United Kingdom to licence Illustrate Plus® to provide full new business and existing business illustrations support for all of the books of business administered by Capita, and will, upon completion of this programme be used to support in excess of 25% of all Life and Pensions policies in the United Kingdom.

City A.M. – Property is not a one-way bet!

47% of 25-34 year olds living in Britain have not yet started saving into a pension according to Baring Asset Management research reported in today’s City A.M.  13% of respondents reported that their property is their retirement fund which is particularly worrying due to the property collapse that has happened in the UK and abroad.

City A.M. talks to Tom Murray, Head of Product Strategy in Exaxe, about the recently revealed research and how property is not a one-way bet.

Click here to read the full article on www.cityam.com!