Success Story – REGUL.AI
Regulatory management Technical Product Compliance Automotive
Implementation of legal register and product compliance measures in the automotive sector
Keywords
Process digitalization, AI development, technical product compliance, automotive, AI, operations, risk management, PDCA (Plan-Do-Check-Act), control management, digital legal register, requirement guideline (analysis of regulatory documents, decision preparation)
Challenge
- Global spare parts supply requires continuous compliance and risk management
- Constant changes in legal requirements and product(data) portfolio
- Lack of transparency and access to data for efficient identification and implementation of measures
Competencies and services
- Regulatory consulting
- Regulatory management
- Product Ownership
- Project management
- Portfolio management
- Implementation of measures in an outsourcing model
Solution
- Strategy & definition of legal framework
- Fit-gap analysis regarding the use of RegTech and service offerings for clients
- Implementation of a working model along our regulatory value chain
- Implementation of the regulatory value chain in a "closed loop"
- Regulatory matching (matching requirements to product portfolio)
- Legal certainty: Creating a requirement guideline (case-specific reporting of requirements, final interpretation by the client)
- Implementation guideline: Identifying measures, project setup for implementation
- UImplementation of decided measures: Project management and implementation of ongoing controls (certificate management, control of logistical processes)
- Ongoing monitoring of compliance status and risk radar
