Calling a glucose monitoring system with an insulin pump an artificial pancreas is a bit misleading, considering all the other functions the pancreas has.
This also isn't an artificial pancreas because you still have to wear an insulin pump and insulin pumps aren't artificial pancreases. To me, an artificial pancreas acts like the pancreas I already have - it monitors and excretes insulin so I never have to think about what my blood sugar is or think about it dropping low or spiking.
"It is possible for one to live without a pancreas, provided that the person takes insulin for proper regulation of blood glucose concentration and pancreatic enzyme supplements to aid digestion."