ValidSoft Limited - Telecommunications-Based Authentication Solutions

ValidSoft Limited provides the world's leading telecommunications-based authentication solutions. Our cutting-edge technology presents the only integrated product set that provides both card-based and electronic fraud prevention solutions. Validsoft's solutions include real-time proximity-based card fraud detection (VALid-POS®), as well as Internet Out-of-Band Man-in-the-Browser protection, Mobile based transactions and Voice Verification for Telephone Banking through its VALid® solution. It is also the first commercially available four-factor authentication solution through the combination of its own proprietary voice biometric technology coupled with Proximity Correlation Analysis.

The solutions are designed for mass markets, in a highly cost effective and secure manner, yet are easy to use, intuitive and leverage the most ubiquitous devices available. ValidSoft is the only security software company in the world to be awarded the European Privacy Seal for their product, VALid-POS®.

The European Privacy Seal was awarded in March 2010, certifying its compliance with European Data Protection law and enabling Issuers to implement on an opt-out basis only. In March 2011, ValidSoft was awarded a registered data controller with the UK Information Commissioner's Office.

Biography - Patrick Carroll, CEO ValidSoft Limited

ValidSoft's flagship card fraud prevention solution VALid-POS® was awarded the European Privacy Seal in March 2010, certifying its compliance with European Data Protection law and enabling Issuers to implement on an opt-out basis only - ValidSoft is the first and only Security Software company in the world to be certified to EuroPriSe standards and successfully renewed the European Privacy Seal for VALid-POS® in December 2010.

Throughout his career, Pat has been at the forefront of industry thinking, representing organisations on industry bodies and leading participation in industry initiatives. At ValidSoft, he leads the R&D function and is responsible for intellectual property and new patents. ValidSoft is regarded by leading research analysts as an innovator and a leader in the field of security having received many namechecks in key research notes.

Prior to founding ValidSoft, Pat was employed as Head of Electronic Trading Technology in Europe for Goldman Sachs International where responsibilities included technical strategy related to Electronic Trading, Client Connectivity and Straight Through Processing (STP). In addition, Pat co-headed European Equities Technology and was a technical advisor to the Investment Banking Division (PIA).

Pat has extensive Financial Services & technical experience (over 25 years) and has previously worked in a senior capacity with J.P Morgan, Credit Suisse Financial Products and Bankers Trust Company.