Exalog: continued growth
13 February 2014
Exalog, the web-based financial flows management solutions editor, ended the 2013 financial year with excellent financial performance.
Exalog, the web-based financial flows management solutions editor, ended the 2013 financial year with excellent financial performance. In spite of a bleak economic outlook, Exalog posted growth of 13%, close to ten times the average of the software publishing sector (1.4%).
Asked about the reasons for this success, Guillaume Lafarge, Chairman of Exalog states:
”In 2013, the migration to SEPA was an excellent growth opportunity for our Exabanque and Allmybanks software and especially for our direct debit mandate and contract management software: Direct-debits. Taking advantage of this opportunity required to put effort in both our organisation and our products.
Particular attention was also paid to our development and delivery methods. Our operational tools were updated to guarantee our customers an availability rate close to 100% and increased data security.
The outlook for 2014 is very favourable. We still foresee considerable recruitment during the next few months in order to consolidate our teams and integrate new skills. This recruitment will enable us to guarantee the quality of our products and services.”
