Former Kaz director, David Knox, has taken up an international business director's post with local security vendor, Alacrity Technologies.
Knox had been with Kaz for about 16 years and grew company from 30 staff to one of the biggest ICT services providers in Australia. It was acquired by Telstra in 2004 for $333 million and moved into a new management regime.
"What I didn't want to do was get back into a big corporate scene," he said. "I wanted to go into a smaller organisation that I could put my money into and use my expertise to grow them in the same way I did with Kaz."
Knox is now in charge of pushing Alacrity's Transaction Authorisation Control System product onto the international stage. He said he would initially focus on targeting new verticals such as finance and banking. He also aims to develop its presence in several geographical areas including the UK, Asia and Middle East.
"I have done a lot of research in last few months about the banking world and I've been in the UK working with three of the major banks and looking at how this product fits into the market," he said. "At the moment the fraud side of the business is serviced very poorly. Identity authentication is the key to everything this company does. Most solutions in the market today are only authenticating the device and the unique thing about this product is that it authenticates the individual."