A conversation with Ian Hillier-Brook, CEO and Founder of Regulatory Technology Company: Evidology Systems

Evidology Systems is a start-up technology company founded by myself and Rupert Brown in 2019 to solve the growing regulatory compliance challenges facing businesses.

Our revolutionary QED (Quality and Evidence Driven) platform manages compliance with principle-based regulations and standards such as GDPR and SMCR. In particular, it allows companies to stay informed and demonstrate sustained compliance with each clause. Our QED technology is absolutely unique, nobody else in the RegTech and LegalTech industry offers this approach.

Evidology Systems Ltd. (@EvidologyRegs) / Twitter

How did you come up with the idea for the company?

The foundations of the business have been built on our first-hand experience of the many compliance challenges and difficulties that businesses in the City of London and other regulated sectors regularly encounter.

In our career, we have not come across a company that fully understands all the regulations they need to comply with, or has the tools to manage changes in regulations due to political activity (e.g. Brexit) or significant macroeconomic events. Our long history of working directly with FinTech markets allowed us to bring a unique approach to solving the many regulatory issues faced by businesses.

How has the company performed during the pandemic?

In 2021, we advanced our QED model to enable real-time horizon scanning, which enables the systematic examination of real-time feeds from institutions, news outlets and a range of social media platforms to identify potential risks and shifts in the identify legal opinion.

This provides companies with real-time analysis of regulatory changes at a larger scale and with much finer granularity than other horizon-scanning platforms that only focus on regulators’ official websites.

QED is language independent and can therefore be used worldwide and by multinational companies. Leveraging the proven collaboration capabilities of Microsoft Teams and GitHub platforms, QED embeds compliance awareness into the day-to-day activities of everyone in an organization, providing rigorous, auditable change management for an ever-changing legal landscape.

What can we expect from Evidology Systems in the future?

The recent surge in interest in environmental, social and governance (ESG) regulations – thanks in part to the United Nations Climate Change Conference (COP26) in November – offers many new opportunities for the application of QED’s core technology to drive compliance amidst an emerging and rapid evolution to sustain changing job requirements.

The current crisis in Eastern Europe and broader concerns about financial transparency and resilient infrastructure design also continually present new opportunities to leverage our unique capabilities.

https://techround.co.uk/interviews/ian-hillier-brook-evidology-systems/?utm_source=rss&utm_medium=rss&utm_campaign=ian-hillier-brook-evidology-systems A conversation with Ian Hillier-Brook, CEO and Founder of Regulatory Technology Company: Evidology Systems

Fry Electronics Team

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