GOVERNANCE, RISK, AND COMPLIANCE SPECIAL
DDi
The annual listing of companies providing Governance, Risk and Compliance Solutions
helping clients build competitive advantage and transform their businesses
Engine f
gy
o
hnolo
r
Business
Tec
AUGUST 2017
CIOAPPLICATIONS.COM
Top 25 Governance, Risk and Compliance (GRC)
Technology Providers - 2017
T
Company:
DDi he facets of Governance, Risk, and Compliance, in
particular, definitely shouldnt be overlooked to ensure
seamless functioning of an organization. Mitigation
of risks associated with enterprise assets and data, as
well as adherence to compliance standards such as the
Key Person: Sarbanes Oxley Act, often become a challenge of gargantuan
Mahesh Malneedi proportions for organizations to confront. The recent times
have seen a rise in the need of partner organizations, among
CEO
enterprises, that can address complex GRC concerns through
cutting-edge solutions. Cost-effectiveness, ease of implementation
and use, reliability, and robustness are key factors considered
by organizations for the selection of an ideal GRC Technology
solution provider. In addition, choosing a sustainable operational
Description: model is quite important for an organization looking forward to
GRC assistance from foreign vendors.
Offers innovative
In the wake of the growing need of GRC technology solutions
technology products across enterprises globally, weve compiled a list of Top 25
and solutions to Governance, Risk, and Compliance Technology Providers
pharmaceutical, 2017. The compilation is a result of extensive research of GRC
biotechnology, and technology providers worldwide, conducted by our editorial
team. Automation of GRC procedures to enhance the business
medical device
value and overall holistic development of an organisation is
companies a common motive of these leading solution providers today.
Alignment of compliance and risk management initiatives to
facilitate better decision making across organizational hierarchies
Website: is an additional advantage of opting their assistance. This list will
ddismart.com offer you a better insight about the contributions these leading
GRC technology solution providers can make to businesses.
DDi
Joe Phillip
Joe Phillip
Managing Editor
Mahesh Malneedi,
CEO
I
n drug development and
clinical research area, taking
appropriate action on a
project or a program or a
vendor on time is very important as each
day lost constitutes to millions according
to several industry studies done, asserts
Mahesh Malneedi, CEO, DDi. As the Life
Sciences industry is highly regulated
and several compliance areas are to be
followed at each stage, DDi provides
solutions with an amalgamation of
functional and domain expertise to cater
to their global clients needs. The firm
brings in a single centralized system that
enables organizations to develop a single
source of truth to employ systematic
enforcement of risk and compliance
across enterprises. DDi provides a
portfolio of products that enforces
regulatory policies and minimizes the
risk within the organizations.
DDi caters to Clinical, Regulatory,
Safety, and Enterprise domains with
its innovative technology products
and solutions for the Life Science
organizations of various sizes. The
company provides its customers the
Creating a Culture of Compliance
ability to identify and minimize the risk
through its GRC tool, TULA. The firm
developed TULA for drug development
and clinical programs to anticipate the
compliance related issues. General GRC
solutions will not be a fit for this industry
and in particular to this area of clinical
research as Performance and Risk linking
is to be handled differently than other
industries, mentions Malneedi. TULA
provides centralized vendor performance
information to organizations and helps
them meet regulatory compliance. DDi
has helped several global clients with its
flagship product, TULA.
One such global client initiated multi-
vendor outsourcing of their projects
to track programs and performance of
their projects using a real-time system.
The client approached DDi for real-
time data gathering and to ensure that
the multi-vendor programs operate
efficiently. DDi, a technology partner to
Life Sciences companies, streamlined
the clients project performance, vendor
oversight, risk management, and
compliance with the help of TULA. The
client needed the same system to support
Risk-Based Monitoring (RBM) of their
clinical projects as well. DDi simplified
the complete risk management process
right from identification to mitigation
thereby providing high-quality clinical
data and reducing clinical operational
costs. TULA saved a huge amount of
time for performance and status reports
generation by reducing manual efforts of
project or program or CRO performance
reporting.
In addition to TULA, the company
also extends products such as mEDC,
mIRT, mPORTAL, mCODER, and
smart solutions like ClinMetanoia. The
pre-built components in ClinMetanoia
make it a smart solution thereby
providing real-time access to data
and analytics from various sources.
Focused on smart features, DDi delivers
cost-effective and flexible products to
pharmaceutical companies, small &
mid-size biotechnology and medical
device companies as well as academic/
research institutes. Their portfolio
also encompasses products focused on
regulatory and compliance like ViSU,
safeXchange, and REGai. These products
are validated as per 21 CFR Part 11
guidelines and support regulatory
standards like FDA and ICH.
DDi simplified
the complete risk
management process
right from identification
to mitigation thereby
providing high-
quality clinical data
and reducing clinical
operational costs
In an attempt to further build on
TULA, DDi provides proprietary Artificial
Intelligence and Automation platform
YANA. The platform amalgamates robotic
process automation, AI, machine
learning, and digitization to identify risk
and deliver flexible business operations.
Malneedi believes that automation and AI
will substitute the legacy systems to
mitigate risk. He claims that industry
moving towards automation and artificial
intelligence will challenge some of the
legacy systems, and all industries need to
look for efficiencies on how to incarnate
these in their existing products
and systems to stay relevant with
customers.