Accelerace invests in Judico, a SaaS solution that guides corporate employees toward policy compliance
Accelerace invests in Judico, an AI-driven one-stop policy and early warning platform that checks, highlights and guides corporate employees toward business-prescribed conduct.
Saving time, money and headaches
Due to a vast number of policies and regulations, corporate employees are constantly at risk of unintentionally breaching regulated compliance areas such as anti-money laundering (AML), anti-bribery and corruption (ABC), and antitrust/competition laws. For that reason, compliance departments spend hours on mandatory compliance training and helping employees navigate the complexity of compliance. Yet their companies are constantly at risk of facing a wave of hefty fines and drawn-out government investigations.
This is the problem that Judico is solving. By highlighting any potential compliance issue in real-time and providing the compliance department with data and insights into the most common compliance issues, Judico can be described as ‘Grammarly for compliance’:
“What Judico does differently is front-loading policy compliance while making it transparent and intelligent. We provide a one-stop policy portal and early warning platform that checks, highlights and guides employees away from policy breaches, by informing business prescribed conduct in real-time. Very similar to an intelligent dictionary. It also acts as an intelligent policy repository that can perceive an employee’s subject matter needs, and additionally we empower compliance officers by granting complete transparency of compliance performance, and the ability to assess and act in real-time.”
Nichlas Westerby, Co-Founder and CEO of Judico
Judico aims to become the leading compliance Guidance as a Service provider that will support a healthy culture of integrity at companies all over Europe.
Founder experienced the problem first-hand
The idea for Judico emerged from that one of the founders, Martin Jensen, experienced the problem first-hand from his role as a Compliance Officer:
“The vast number of policies that employees need to navigate in this day and age has created an extremely complex and risk-prone environment, where individuals are at risk of inadvertently breaching regulated compliance areas (…) Due to this complexity, Martin was experiencing a lot of requests for direct support – something that was taking a lot of time away from other urgent tasks at hand.”
Nichlas Westerby, Co-Founder and CEO of Judico
Martin Jensen founded Judico in 2021 together with Nichlas Westerby (CEO), who has worked with enterprise sales in SAP for several years, and Emil Lykke Jensen (CTO), who is the former Head of Machine Learning and Artificial Intelligence at PensionDanmark.