Morrison & Foerster Partners With Protiviti on Dodd-Frank Compliance Software Solution

NEW YORK, July 18, 2011 /PRNewswire/ -- Morrison & Foerster LLP announced today it has partnered with global business consulting and internal audit firm Protiviti to incorporate the firm's proprietary FrankNDodd database and tracking system in Protiviti's Governance Portal for Regulatory Reform software, making it the most advanced software for companies that need to track the status of proposed and final regulations to make sure they comply with new Dodd-Frank rules and requirements.

Morrison & Foerster's proprietary FrankNDodd database and tracking system will be integrated 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. With so many companies finding it difficult to simply track the status of the various regulations, this software allows them to more easily ascertain their business, legal and compliance risks and undertake a simple methodology to identify, document and implement changes to address rule requirements, or implement best practices, and thereafter monitor and evidence compliance. With FrankNDodd's regulatory intelligence and information as part of the solution, customers will have a critical tool to promote risk assessment and compliance with the new regulations.

"We're pleased to partner with Protiviti on this project," said Keith Wetmore, Chair of Morrison & Foerster. "We believe the addition of our FrankNDodd system to their software makes the combined offering highly relevant to the needs of users. We also see this as an innovative combination of legal know-how with a robust compliance system."

"We believe this combination of resources will serve our customers better than any other product on the market," said Carol Beaumier, a Protiviti executive vice president and leader of the firm's Regulatory Reform Task Force. "FrankNDodd has the best information and analysis of the myriad Dodd-Frank rules and proposals we've seen and we believe its addition to our software allows for much more actionable intelligence."

ABOUT FRANKNDODD
FrankNDodd is Morrison & Foerster LLP's proprietary platform for all things Dodd-Frank.  This online resource, which provides commentary, summaries, user guides, alerts, and tracking capabilities, is available on a subscription basis.  For questions on FrankNDodd, please contact [email protected].  FrankNDodd is a trademark of Morrison & Foerster LLP.

ABOUT MOFO
We are Morrison & Foerster — a global firm of exceptional credentials.  Our clients include some of the largest financial institutions, investment banks, Fortune 100, technology and life science companies.  We've been included on The American Lawyer's A-List for eight straight years, and Fortune named us one of the "100 Best Companies to Work For."  Our lawyers are committed to achieving innovative and business-minded results for our clients, while preserving the differences that make us stronger.  This is MoFo.

• Ranked by Chambers USA 2011 as one of the leading financial services firms
• Ranked by IFLR1000 as a leading firm for financial services regulation
• PLC Which lawyer? Global Portrait observes "regarded as one of the US' innovative finance teams, Morrison & Foerster has a comprehensive banking and finance practice"
• U.S. News-Best Lawyers Best Law Firms 2010 ranks the firm as one of the leading Banking and Finance firms nationally

ABOUT PROTIVITI

Protiviti is a global business consulting and internal audit firm composed of experts specializing in risk, advisory and transaction services. The firm helps solve problems in finance and transactions, operations, technology, litigation, governance, risk, and compliance. Protiviti's highly trained, results-oriented professionals provide a unique perspective on a wide range of critical business issues for clients in the Americas, Asia-Pacific, Europe and the Middle East.

SOURCE Morrison & Foerster LLP