ATM Security Ltd

A Message from Lord Pickles and Lord Blunkett, followed by ATM Security Ltd's best practice article

The ability to listen and learn from one another has always been vital in parliament, in business and in most aspects of daily life. But at this particular moment in time, as national and global events continue to reiterate, it is uncommonly crucial that we forge new channels of communication and reinforce existing ones. The following article from ATM Security Ltd is an attempt to do just that. We would welcome your thoughts on this or any other Parliamentary Review article.

Blunkett signature Rt Hon The Lord David Blunkett
Pickles signature Rt Hon The Lord Eric Pickles
1ATM SECURITY LTD |
BEST PRACTICE REPRESENTATIVE 2020
Founder and CEO Rob Todd
with James Allsopp, Investment
Manager at Mercia Asset
Management
Caption
Formed in 2014 to build on CEO Rob Todd’s long history
of supplying security systems to the banking sector, ATM
Security Ltd supplies the CentraLock asset management and
security system to companies across the UK. Originally designed
to protect cash in transit, Rob says he saw the opportunity
for the CentraLock system to operate in a variety of different
markets. He tells
The Parliamentary Review
about the security
solutions that ATM provides.
Building on a long history of supplying security systems to the banking industry,
ATM Security Ltd was formed in 2014 to adapt the technology for use in new
markets. Based on the CentraLock asset management and security technology,
which was originally designed for the cash-in-transit arena, the challenge was to
explore a range of opportunities to break into this new market with this exciting
new technology.
The CentraLock system provides centralised, cost-effective management and control
of sensitive assets throughout widespread estates without any need for expensive
data infrastructures. The patented use of a smartphone to provide a dynamic link
between any site being managed, however remote, and a central management
server makes CentraLock access control not only practical but alsoviable.
Not just another app
Currently, industrial systems demand the deployment of costly and cumbersome
dedicated infrastructure to support their operation. Electric locks usually require
expensive power supplies or high-maintenance batteries which simply add further
FACTS ABOUT
ATM SECURITY LTD
»Founder and CEO: Rob Todd
»Established in 2014
»Based in Newcastle-upon-Tyne
»Services: Security and estate
management systems
»No. of employees: 5
»Website
ATM Security Ltd
THE PARLIAMENTARY REVIEW
Highlighting best practice
2| ATM SECURITY LTD
costs. CentraLock will only unlock
if the person trying to gain entry is
approved to enter the area, ensuring
that no user will ever be exposed to
a risk for which they have not been
prepared. Securely controlling locks,
and a variety of subsystems, means the
user can safely make their way around
an estate under the watchful eye of
the control centre. CentraLock is not
just another app. It is the first cost-
effective end-to-end system delivering
real-time, secure asset management
throughout entire estates.
The system is simple, robust and
requires zero maintenance. Comprising
a range of high-end industrial security
locks, which can be retrofitted in most
cases, CentraLock is supported by
a comprehensive range of interface
hardware, bringing even the most
remote of systems under centralised,
structured control.
An unhackable system
Emerging threats to utilities such
as supply contamination, explosion
and hacking, as well as the historic
threats of product and asset thefts,
combine to create an evolving threat.
In the 21st century, we still rely on
metal keys to provide various levels
of security and this is still regarded
as the norm. Despite the fact that
existing key systems have been
seriously compromised, they have not
fundamentally changed for hundreds
of years.
By providing the power to the lock
only when an authorised user is
present at the site, CentraLock simply
cannot be hacked. The biometrics
available via the smartphone add yet
anotherdimension.
Perhaps the biggest benefits that
CentraLock brings are the real-time
status updates it can provide. This
prevents an operative ever entering a
dangerous site or one they have not
been trained to work in. Beyond this,
the estate management system can
identify the security status of every
single site in the system, something
that present systems are unable to do.
This system provides dynamic
management and control of estate
assets which can be distributed almost
anywhere in the world with the ability
to add or remove users on demand.
Stolen or missing phones can be
barred in real time while the patented
use of wireless power transfer means
that the lock is inert until an authorised
user is present at the remote site,
rendering the CentraLock system
immune fromhacking.
The system is also futureproof and
can be programmed or re-configured
without the need to return units to
base. Specialist tools can perform all
necessary future upgrades through
secure local wireless transfer,
integrating new features without
having to discard hardware. Any future
products, regardless of market push or
pull, can then be very cost-effectively
integrated and supported through the
existing supply chain.
The black mPac (left)
powers the lock
wirelessly, and the
phone allows the user
to lock or unlock a
door anywhere in the
world – all without any
additional infrastructure
Despite
putting almost
£2 million into
the
development
programme,
the funding
obstacles
presented by
banks meant
that even
government-
backed
funding was
not available
3ATM SECURITY LTD |
BEST PRACTICE REPRESENTATIVE 2020
A struggle to secure funding
As the system was already
fundamentally mature, most of the
problems we faced were industry
specific. While there were no
unsurmountable problems, there were
many other obstacles that had to be
overcome to get to where we are now.
Unexpectedly, and despite putting
almost £2 million into the development
programme, the funding obstacles
presented by banks meant that even
government-backed funding was
not available. Rules were interpreted
in such a way that despite having
a solid commercial and technical
background, and regardless of a
major utility company keen to trial and
possibly deploy the system, supported
funding through what should have
been normal commercial channels was
simply not being madeavailable.
Fortunately, Mercia Asset Management
in Newcastle were able to quickly
see the potential and they efficiently
arranged a facility that, while more
expensive than the high street bank
route, was still viable for all parties.
This barrier to funding must be stifling
many small technology businesses:
we are pleased to say that thanks
to Mercia Asset Management, we
are not one of those businesses but
we so easily could have been. The
funding process was completed in
July 2018 and already the project is
in its beta phase trials, with two UK
utility companies having successfully
completed alpha stage trials.
Another challenge we faced, and
one that developers of disruptive
technology often face, is ensuring
we did not disrupt the supply chain
too close to the client. By establishing
close relationships with existing utility
support companies, CentraLock
products can be deployed and
supported throughout the client’s
estate, allowing them to feel confident
that their support needs are not being
exposed to any unnecessary additional
supply chain risks.
Hopefully, the successful completion of
the beta trials will lead to a commercial
decision to deploy CentraLock
throughout the estate, with it being
expected to start at the higher end
to protect more vulnerable or more
valuable assets. One of the benefits
of CentraLock is that you can deploy
even one unit in isolation anywhere
on a large estate without incurring any
infrastructure costs: it will work “as it
says on the tin”. Commercially, this
advantage is difficult to ignore because
quite simply, this has never been
dreamt of before.
Emerging
threats to
utilities such as
supply
contamination,
explosion and
hacking, as
well as the
hiistoric threats
of product and
asset theft,
combine to
create an
evolving threat
Q: Which is the oldest
design?
A: They are all the
same – dating back to
approximately 4000 BC

This article was sponsored by ATM Security Ltd. The Parliamentary Review is wholly funded by the representatives who write for it. The publication in which this article originally appeared contained the following foreword from Rt Hon Elizabeth Truss.

Rt Hon Elizabeth Truss's Foreword For The Parliamentary Review

By Rt Hon Elizabeth Truss

Even by the standards of the day –this has been one of the most exciting and unpredictable years in British politics.

The leadership election we’ve just seen marks a huge moment in our country’s history. This government is taking a decisive new direction, embracing the opportunities of Brexit and preparing our country to flourish outside the EU.

As international trade secretary, I’ll be driving forward work on the free trade agreements that are going to be a priority for the government. Free trade isn’t just an abstract concept bandied around by technocrats. It is crucial for a strong economy and for the ability of families to make ends meet. Free trade benefits people in every part of our country, as British firms export to new markets and people doing the weekly shop have access to a wider choice of goods at lower prices.

The essence of free trade is in the title: freedom. It’s about giving people the power to exchange their goods without heavy government taxation or interference. Commerce and free exchange are the engine room of prosperity and social mobility. I’m determined to tackle the forces who want to hold that back.

One of my priorities is agreeing an exciting new free trade deal with the US, building on the great relationship between our two countries and the Prime Minister and US President. But I’ll also be talking to other partners including New Zealand, Australia and fast-growing Asian markets.

And with the EU too, we want a friendly and constructive relationship, as constitutional equals, and as friends and partners in facing the challenges that lie ahead – a relationship based on a deep free trade agreement. Our country produces some of the world’s most successful exports, and the opportunity to bring these to the rest of the world should make us all excited about the future. It is this excitement, optimism and ambition which I believe will come to define this government.

For too long now, we have been told Britain isn’t big or important enough to survive outside the EU – that we have to accept a deal that reflects our reduced circumstances. I say that’s rubbish. With the right policies in place, we can be the most competitive, free-thinking, prosperous nation on Earth exporting to the world and leading in new developments like AI. To do that, we’ll give the brilliant next generation of entrepreneurs the tools they need to succeed. Since 2015, there has been a staggering 85 per cent rise in the number of businesses set up by 18 to 24 year olds – twice the level set up by the same age group in France and Germany. We’ll help them flourish by championing enterprise, cutting taxes and making regulation flexible and responsive to their needs.

As we do that, we’ll level up and unite all parts of the UK with great transport links, fibre broadband in every home and proper school funding, so everyone shares in our country’s success.

2019 has been the year of brewing economic and political revolution. 2020 will be the year when a revitalised Conservative government turbo charges the economy, boosts prospects for people across the country, and catapults Britain back to the forefront of the world stage.



Rt Hon Elizabeth Truss
Secretary of State for International Development