By Rob Starr, Content Manager, Big4.com
Protiviti has teamed with Morrison & Foerster to add Dodd-Frank Act (DFA) rule maps and work plan guidance to the Protiviti Governance Portal for Regulatory Reform.
Based on content in Morrison & Foerster’s FrankNDodd database, the enriched content in the Governance Portal for Regulatory Reform provides organizations with a framework to map DFA rules across business lines and product areas, as well as detailed steps the organization must take to become compliant. The rules, updates, mapping and work plan guidance incorporated into the Governance Portal help to enable organizations to manage their compliance project efficiently while also giving them a tool to maintain compliance.
Scott Wisniewski, managing director, Risk Technologies, Protiviti commented:
“One of the key challenges our clients face is managing overlapping rules that affect various business lines, products, geographically dispersed legal entities, processes, policies, and IT systems,” he said. “Incorporating work plan guidance into our Governance Portal for Regulatory Reform helps our clients manage this complex effort while driving accountability across relevant stakeholders.”
Announced in July of 2011, Morrison & Foerster and Protiviti partnered to integrate Morrison & Foerster’s proprietary FrankNDodd database and tracking system into Protiviti’s Governance Portal for Regulatory Reform software, creating the only system that brings together compliance and governance technology with real-time Dodd-Frank Act-related rulemaking information and guidance.