In The Boardroom™ With...
SecuritySolutionsWatch.com:Thank you for joining us today.
Please give us an overview of your background and a brief company history.
AKH Baig: Thank you for having me. My past work experience
has been mostly associated with the designing and technical aspects of
Data warehousing, ETL and Business intelligence. I served as a VP of Technology
with one of the brokerage giants, Merrill Lynch for more than a decade.
From there, I moved on to create my own venture and developed security
solutions that addresses the specific market needs. I am currently serving
as a President and CEO of idMatch Systems and continue to supervise the
products research and Development. Our market research and findings
shows that the current marketplace is crying out for a new technology
that addresses security problems and solves the name and identity matching
issue. Our Company has now progressed to the point where we have demonstrated
commercial acceptance of our unique and sophisticated technology, idMatch.
SecuritySolutionsWatch.com: Please give us an overview
of Id Match solutions.
AKH Baig: idMatch is the latest and most advanced
name search technology that overcomes all the limitations of previous
generations of phonetic algorithms like Soundex, NYSIIS, Metaphone etc.
It uses the fuzzy matching technology to provide unmatched and unprecedented
search capability with flexibility. This is a sophisticated approach to
the entity identification problem and a technique for finding data that
is similar but not necessarily identical. Fuzzy matching is used to compensate
for errors in data entry and phonetics, and produces a similarity measure
using any combination of fields.
Matching is highly configurable. Different match criteria can be specified
for each query, picking up matches missed by other comparisons and improving
match rates. Matches can be differentiated by the tolerance, cut-off score
and search strategy of the query, splitting results into "high"
and "low" tolerance and score comparisons. idMatch can
easily handle the high data volumes and the complexity of multiple disparate
data sources and targets. Entity identification, matching, de-duplication,
record linkage, and house-holding are critical processes in identity matching.
They essentially entail finding records that refer to the same entity
without relying on exact matching. idMatch offers a variety of tools
and techniques for solving this common yet difficult problem.
SecuritySolutionsWatch.com: What are your target markets
and what is your perspective on the market drivers?
AKH Baig: Our Target market spaces are:
- Law Enforcement Vertical
- Airport Security Services
- Insurance Sector
- Federal and Government Security
- Financial and Banking Sector
- CRM and Health care Vertical
Our Marketing team is targeting these verticals individually and
trying to position our product line to address their specific security
needs at the enterprise level.
We all know that due to unprecedented event of September 11 attacks;
security has become the highest priority in the U.S and elsewhere around
the world. One of our biggest market drivers is the continued and urgent
requirement for a technology that addresses the name and identity matching
problem, and takes minimal time and effort. We take this urgency as our
market driver and continue to serve clients of various verticals and help
them solve their security issues.
SecuritySolutionsWatch.com: Are there any "wins"or
success stories you'd like to talk about?
AKH Baig: We typically keep the conversations and relationship
with our clients, confidential, primarily due to the security issues and
our clients secure policies. However, I am proud to share that the
overall market response of our product, idMatch has been overwhelming
and, especially our customers in Law Enforcement and Airports Security
Sector have written testimonials for us and praised this unique technology
that solved their security problems. We have not only met but exceeded
their expectations in helping them making a secure workplace by providing
them idMatch.
SecuritySolutionsWatch.com: Are there any other strategic
relationships you'd like to mention?
AKH Baig: We have numerous instances where our products
have helped and protected our customers from potential breach of security
and risk. But as we mentioned, we keep our client base confidential.
SecuritySolutionsWatch.com: What resources are available
for end-users on your website?
AKH Baig: Our website is the main resource for the entire
product Literature, Video Demonstrations. We have designed Demo software
that shows all the features and functionalities of idMatch in a nutshell
and developed White Papers, Marketing Collateral, catering to all the
verticals and addressing their specific needs. End-users can use the site
www.idmatchsystems.com to
get more information, send us an email, or get the numbers to call the
team -- all the contact information is given on the website.
SecuritySolutionsWatch.com: Thanks again for joining us
today. Are there any other subjects youd like to discuss?
AKH Baig: Thanks, we have already touched upon various
subjects.
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