This financial software developer created Mortgage Fundamentals, used by blue-chip clients such as Abbey, Barclays, Nationwide and Royal Bank of Scotland to calculate customer losses on endowments. Founded and run by husband-and-wife Alan and Marion Malik, Exasoft has new products such as a bank-charges calculator. The company capitalises on the IT expertise of Coventry University by being based at its technology park. Sales have risen 107% a year from £1.7m in 2004 to £7.1m in 2006, when Exasoft made a significant profit.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2007
Rank31
CompanyExasoft
ActivityFinancial software developer
LocationCoventry
Average 3 year sales growth107.11%
Latest sales £000s7,086
Staff7
Founded1993
Websitewww.exasoft.co.uk

If applicable:

* supplied by company † annualised figure