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FOR IMMEDIATE RELEASE
Contact:
Public Relations
The Frayman Group
press@fraymangroup.com
Compliguard™ Protect Provides Skadden Industry-leading Information Barriers, Ethical Walls and Unusual Activity Monitoring Capabilities
New York City — (February 25, 2010) – The Frayman Group (“TFG”), a leading provider of new business intake and risk management software for law firms, today announced that Skadden, Arps, Slate, Meager and Flom LLP & Affiliates (“Skadden”) has selected Compliguard Protect, the legal industry’s most comprehensive information barriers, ethical walls and unusual activity monitoring system, to proactively secure and protect information across the firm’s information repositories on a global scale.
Skadden is the top law firm for the Fortune 100 recognized for leadership in global bankruptcy, restructuring and M&A representations. The Firm will leverage Compliguard Protect to reduce risk exposure and guard information recognized as sensitive for ethical, privacy or confidentiality reasons by establishing, maintaining, monitoring and updating information barriers to automatically prevent unauthorized or unintended access.
For Skadden, the selection of a technology platform to help secure and protect information repositories firm-wide went deeper than Compliguard’s features and functionality. It was equally important to look at the credentials and capabilities of the vendor, and measure the vendor’s ability to consistently deliver domain expertise, quality work, well-defined maintenance and support practices and overall professionalism. According to Skadden’s Technology Group, “The Frayman Group has proven itself in all these areas over the years.”
Compliguard Protect is a comprehensive information barriers system that delivers a better way for firms to safeguard themselves from inadvertent and malicious breaches via automated information barrier set-up and real-time monitoring, maintenance and alerts. The software provides a comprehensive audit trail of all user and system activity for optimal firm protection. Compliguard Protect was built on a Service Oriented Architecture with all functionality accessible through Web Services APIs for easy, out-of-the-box integration with leading vendor document management, records management, time and billing and email systems.
Yuri Frayman, CEO and President of The Frayman Group commented, “We’ve taken a business-centric, comprehensive approach to developing risk management solutions for law firms, with information barriers being a core pillar of that risk infrastructure. We’re thrilled that leading law firms such as Skadden recognize that investments in risk management technology are also investments toward the future of the business overall.”
TFG’s longstanding working relationship with Skadden includes the recent development and deployment of an interactive conflicts resolution system. Compliguard Protect is part of The Frayman Group’s patent-pending, end-to-end risk management suite, which also includes Compliguard Flow for new business intake, Compliguard Clear for interactive conflicts resolution and the Compliguard Analyze conflicts management system. For more information about TFG’s risk management consulting services and Compliguard end-to-end risk management software suite, visit www.fraymangroup.com.
About The Frayman Group
The Frayman Group, a leading provider of software and services for law firms, combines industry expertise with innovative technology to help customers automate business processes, mitigate risk, manage compliance and improve competitiveness. The company is headquartered in New York City. For more information, visit www.fraymangroup.com.
About Skadden
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates is an international law firm with more than 1,800 attorneys in 24 offices throughout the world. Skadden, Arps provides a broad range of legal services to the corporate, industrial and financial communities representing a broad spectrum of clients, from small high-technology start-up companies to nearly one half of the Fortune 250 industrial and service corporations, as well as many financial and governmental entities. Further information about Skadden, Arps is available at www.skadden.com.
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