The latest news from Regulatory Strategies
Exco InTouch, the leading provider of patient engagement and data capture solutions for clinical research and healthcare providers, has announced the formation of a strategic partnership with Regulatory Strategies, experts in data protection and compliance. This initiative is in response to upcoming reforms that are designed to further strengthen the data protection policies, procedures, systems and controls of UK and other European organisations.
The formal partnership enables Exco InTouch to step up to the regulatory challenge and to immediately satisfy mandatory requirements that come in to force in May 2018. Under the General Data Protection Regulation (GDPR), a range of companies responsible for handling sensitive data will be required to have Data Protection Officers in place by this two-year deadline.
Dale Jessop, Chief Technology Officer at Exco InTouch remarked: “At Exco InTouch we take data protection very seriously indeed. A key factor underpinning our business has been the need to ensure that we meet – and exceed – data regulation requirements across all our global operations. This is why we have taken the decision to partner with Regulatory Strategies to take on the role of our Data Protection Officer.”
Founder and Director of Regulatory Strategies, Mike Bradford, commented: “the imminent changes to the data regulation environment present some of the most fundamental challenges faced every day by all organisations, irrespective of size or sector.”
“The market understands the need to embed data protection into their businesses. However, in the health-care sector, typically under the current EU Data Protection Directive and US HIPAA privacy rules, the compliance bar is now being set much higher, with fines for non-compliance of up to 20 million euros or 4% of worldwide annual turnover.
“Exco InTouch has recognised this and taken steps to ensure its position as a trusted custodian of sensitive medical and health data on behalf of its global clients and patients remains at the forefront of its strategy in respect of ensuring ‘best in class’ data protection and regulatory compliance.
Tim Davis, CEO and Founder of Exco InTouch commented: “Meeting the highest regulatory standards is a key commitment of our company. In achieving this, we have had the foresight to take an industry lead in compliance. Consequently, we have formed this alliance with Regulatory Strategies to be the first in our sector to comply with the need to engage and install Data Protection Officers years before the actual deadline has to be met. We will continue to invest in data protection and compliance to ensure that Exco InTouch remains at the forefront of clinical research and healthcare technology.”
Regulatory Strategies has been awarded both Data Protection Consultancy of the Year (UK) and Regulatory Consultants of the Year (UK) for 2017 by Lawyer International.