Inventor

Peter Lazou

docuPAD, a revolutionary desktop technology innovation that I had been working on with my colleague in the US, that captured a new interactive learning experience while transforming products and documentation into real-time digitised transactions that was then translated into an intelligent dashboard for the deliverance of critical data for management review and analysis. The concept was to present data in a digital format while archiving all documentation electronically thus reducing cost and improving efficiency. The product was completed in conjunction with CIMB Bank and was focused on the automotive industry. However, it has a wider application across many disciplines such as Wealth Management, Insurance etc.

The development of a unique intelligent IVR (interactive voice recognition) solution for Co-operative Bank, which provided secure One-Time Combination code instructions for ATM machines remotely. The application was developed to work with various industry based self-powered safe locks. Using a self-powered lock to open and close the safe, the crew using cellular technology would activate the lock by issuing and receiving relevant instructions from the main server. Once the vehicle, crew and branch authorisations were complete, only then would the solution allow access for replenishment or service. Inclusive within the application was the ability to measure critical usage and resource data for management review in order to improve productivity and ROI. The solution was later deployed to National Australia Bank, Melbourne.

One of my memorable achievements was my innovation to develop a secure biometric electronic key management solution for cash-in-transit cash centres and banks within the UK. Having spent over 12 months learning the cash-in-transit operation, in 1997, Securicor (now Group 4 Securicor), signed a £5m, 5 year deal with me to install the solution that I designed across its 65 network strong branches inclusive of the major cash vaults.

The system was designed to secure the various keys required to operate the cash-in-transit trucks in secure steel drawers operated by biometrics, computer and Dallas Chip. Each time a Securicor vehicle approached the branch/vault-loading bay anywhere in the UK, the system would identify the vehicle, which in turn would release the loading bay doors so the vehicle could enter. Once the loading bay doors were locked, the driver would have to hand over the main ignition key attached to a Dallas key chip through a secure vault tray. The vault officer using the Dallas key chip would read the keys against the main reader attached to the drawer, which would unlock the ignition key drawer so the ignition keys could be inserted. Once the drawer was locked the system would determine the appropriate keys to be released from the other secure drawers so that the crew could load or unload the trucks. The ignition key could only be released once all the corresponding keys were returned. This solution is still being used today across the UK.

The system was exhibited at the 1999 IFSEC exhibition where I achieved the Finalist Award for “Innovative Excellence”.