July 19, 2015 -
LaserLock Technologies has named Benjamin Burrell chief operating officer, effective immediately.
With over a decade of experience implementing technology solutions in the financial services sector, Burrell most recently served as vice president of Americas at J.P. Morgan.
As head of the middle office for agency clearing, collateral engagement and execution, he oversaw the teams responsible for the service delivery of technology-based financial services products to institutional clients.
“Ben’s deep experience with technology products and serving clients in the banking industry, which is driven by secure technology solutions, will help us grow our business,” said LaserLock Technologies CEO Paul Donfried,.
Burrell started his career with Barclays Bank Plc in London and subsequently went on to serve as director of business development for boutique investment bank New Vernon Financial LLC.
“Security breaches have grown to epidemic proportions. LaserLock’s patented technology is perfectly positioned to take a leading role in what must be a worldwide drive to significantly improve security,” said Burrell. “LaserLock offers the right products at the right time. I look forward to working with Paul to drive the company’s strategy.”
Previously reported, LaserLock Technologies has filed a provisional patent applications for a Characteristic Verification System (CVS) which allows smart phones to simultaneously identify counterfeit products and protect against identity fraud.