The Keyholding Company Deploys Verint Situational Intelligence on London’s Bond Street to Enhance Safety and Reduce Crime

September 27, 2017 8:30 AM

Solution Reinforces “Safer Support Team Initiative” in High-End Retail Shopping District

DALLAS & MELVILLE, N.Y.--(BUSINESS WIRE)-- Verint® Systems Inc. (Nasdaq: VRNT):

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Verint® Systems Inc. (Nasdaq: VRNT) today announced The Keyholding Company’s deployment of Verint’s Situational Intelligence Solutions to further its proactive patrol and intelligence network designed to prevent theft and crime in one of London’s most visited and renowned shopping districts. The organization’s Safer Support Team is using Verint Dispatch Manager™ and Verint Mobile Reporter™, part of the Verint Situational Awareness Platform™, to respond faster, build intelligence and improve communication with law enforcement at the scene.

The Safer Support Team was developed and funded by The Keyholding Company, a leading provider of mobile security services throughout the UK. This proactive patrol group augments security patrols and helps prevent violent crime on London’s Bond Street, which is known throughout the world for its elegant stores, exclusive brands, designer fashion, luxury goods and fine jewels. The Safer Support Team is designed to deter “smash and grabs” — where bike-mounted assailants ram into glass windows and doors to steal high-value items before making a quick exit. These acts have plagued the area over the years, and in response, the Safer Support Team seeks to increase patrols and quickly respond to incidents.

The Safer Support Team leverages intelligent communication and emergency response technology from Verint to help enhance situational awareness. Verint Dispatch Manager and Verint Mobile Reporter are used by leading organizations around the globe to mitigate security and safety risk, while enhancing situational awareness. The solution unifies disparate command center technologies and security staff by fusing critical data input from emergency calls and responder activity to drive faster, more efficient and effective response to real-time situations.

The solution can also coordinate directly with field responders and empower citizens through the Verint Mobile Reporter application. Using this simple smartphone application, a patrol officer’s location and status are correlated with other situational data inputs. Dispatchers receive updates to a guard's geographic area, which is regularly updated on a map to keep dispatchers informed of whereabouts and response actions.

“We believe that we can help deliver smarter solutions through technology and collaboration,” says Abi Shuttleworth, chief strategy officer, The Keyholding Company. “The Safer Support Team is a perfect example of how we can work collaboratively with Verint, and the Metropolitan Police Service, to achieve our goals and help make this area safer, while reducing loss.”

“The Safer Support Team helps elevate loss prevention and risk mitigation efforts through the use of Verint’s advanced situational awareness technology, which offers new levels of intelligence for rapid response in mission-critical environments,” says Verint’s Alan Stoddard, VP and general manager, situational intelligence solutions. “We’re proud to be part of this collaborative effort and look forward to helping ensure a proactive approach to security and crime reduction as this public-private initiative grows.”

About The Keyholdinng Company

The Keyholding Company is the UK’s leading independent provider of mobile security services for residential and commercial clients. Our services include patrols, vacant property checks, locks and unlocks and keyholding and alarm response. We aim to work together to help make our clients feel safe and secure, night and day. Learn more about us at www.keyholding.com.

About Verint Systems Inc.

Verint® (Nasdaq: VRNT) is a global leader in Actionable Intelligence® solutions with a focus on customer engagement optimization, security intelligence, and fraud, risk and compliance. Today, over 10,000 organizations in more than 180 countries—including over 80 percent of the Fortune 100—count on intelligence from Verint solutions to make more informed, effective and timely decisions. Learn more about how we’re creating A Smarter World with Actionable Intelligence® at www.verint.com.

This press release contains "forward-looking statements," including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management's expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2017, our Quarterly Report on Form 10-Q for the quarter ended July 31, 2017, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

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