Compliguard Suite: Risk Management. Redefined.™
The business dynamics for law firms are changing rapidly as firms are faced with significantly increased risk exposure as a result of
- Heightened Anti-Money-Laundering (AML) regulations
- Increase in lateral movement
- Decrease in staffing levels, and as a consequence, loss of corporate memory
- Pressure to accept higher risk business to maintain aggressive targets for billable hours
- Pressure to incept business and process laterals at faster speeds to remain competitive
Speed to new business is now a key ingredient to success, if not a determining factor. The Frayman Group’s holistic, end-to-end approach to risk management addresses the challenges facing today’s law firms – the competitive importance of speed to new business, continued uptick in lateral acquisitions and mergers, risk profile management, and compliance with ethics rules and regulations, all while efficiently and profitably managing business processes.
Compliguard Risk Management Suite from The Frayman Group is designed from the ground up to provide firms a modular, yet integrated set of risk management capabilities that facilitate automation of processes, factor in the needs of today’s mobile and global workforce, and proactively address firms’ dynamic risk profiles and policies.
Compliguard is a comprehensive risk management platform designed to accelerate time to billing.
- Advantages:
- 24/7 operation, pervasive access including smartphones
- progressive analytics engine
- risk profiles to ensure firm is taking on business within their risk tolerance
- conflicts score to help lawyers gauge risk of taking on new business
- encapsulation of rules and regulations to ensure compliance
Compliguard is built on the Microsoft technology stack, leverages a thin-client browser-based interface, delivering the lowest total cost of ownership in the industry.
Combining state of the art software with the industry’s most sought after subject matter experts in the risk management arena, The Frayman Group delivers a winning combination for a solid risk management foundation.
