Global consulting firm Protiviti has teamed with Morrison & Foerster to add Dodd-Frank Act rule maps and work plan guidance to the Protiviti Governance Portal for Regulatory Reform, making it faster and easier for companies to comply with the many provisions of the Dodd-Frank Act.

“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,” said Scott Wisniewski, managing director, Risk Technologies, Protiviti. “Incorporating work plan guidance into our Governance Portal for Regulatory Reform helps our clients manage this complex effort while driving accountability across relevant stakeholders.”

In July 2011, MoFo and Protiviti partnered to integrate MoFo's proprietary FrankNDodd database and tracking system into Protiviti's Governance Portal for Regulatory Reform software. That content provides organizations with a framework to map Dodd-Frank rules across business lines and product areas, as well as provides detailed steps organizations must take to become compliant. The rules, updates, mapping and work plan guidance incorporated into the Governance Portal enable organizations to manage their compliance project efficiently while also giving them a tool to maintain compliance.

The Governance Portal for Regulatory Reform combines real-time DFA-related rulemaking information and Protiviti's governance and compliance technology to help clients determine the status of regulatory developments and changes, assess regulatory risk, assign accountability for and track the status of implementation efforts, and demonstrate compliance and effective risk management practices to regulators, customers and other stakeholders.