Tech Track 100

Founded in 1993 by husband and wife Alan and Marion Malik, Exasoft makes software that handles mortgage and endowment complaints for 200 banks, building societies and independent financial advisers. The company has an impressive client list, including HSBC, Barclays, Lloyds TSB and Standard Life. Based at Coventry University Technology Park, Exasoft collaborates with the university to develop its products. Sales have grown 57% a year from an annualised £1.5m in 2003 to £3.7m in 2005, when it showed a healthy margin.

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Company details
ActivityFinancial software developer
Average 3 year sales growth57.09%
Latest sales £000s3,685

If applicable:

* supplied by company † annualised figure