Solutions Lab

Regulatory Compliance

Overview

Regulatory Compliance

The Challenge

In 2021, the FDA issued new guidelines for the regulation of artificial intelligence and machine learning-based medical devices, reflecting the challenges of adapting regulatory frameworks to rapidly evolving technologies.

Meeting stringent regulatory requirements and obtaining approvals from regulatory agencies such as the FDA (Food and Drug Administration) in the United States and the CE Mark in Europe is a complex and time-consuming process, which presents many challenges for medical device manufacturers.

The Solution

Capsifi helps by providing a clear line of sight from relevant legislation and policies, through to the organizational controls that enforce them aligning to investment into the operating model and initiatives for change. In this way, evidence of compliance becomes incidental, alleviating what is traditionally a resource-intensive and error-prone activity. With Capsifi, regulatory frameworks become another lens through which the operating model can be assessed and the cost of implementing those compliance frameworks ascertained.

Operationally, the method of securing approvals from regulatory agencies can be modelled, analyzed and assessed to identify inefficiencies and blockers that may potentially delay getting essential medical equipment to market.

Here’s some practical ways the Capsifi platform can address and resolve these industry-wide challenges:

  • Establish a clear line of sight from legislation and policy to controls, business rules, and operating model elements
  • Establish a clear line of sight from legislation and policy to controls, initiatives, or projects, and epics (including costs)
  • Use Value Stream for the approval process to ensure maximum efficiency
Key features used
Value Streams
Controls & Compliance
Policy Management
150-year-old Local Government Organisation

Reducing new business application processing time from 18 to 3 months using Capsifi.

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Fortune 100 Global Financial Services Organization

Overhauls their enterprise risk framework and develops a holistic view of risk.

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Starting your Own Journey

Three ways for you to get started with Capsifi

Gartner disclaimer:

Gartner, Magic Quadrant for Enterprise Architecture Tools, Akshay Jhawar, Gilbert van der Heiden, Andrew Gianni, Andreas Frangou, 12 December 2022.
GARTNER is a registered trademark and service mark and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.