Frankfurt, 18 June 2007: One of Europe’s largest investment banks went live with Framesoft Legal Matter Management (FLM)
Framesoft Legal Matter Management is based on Framesoft's Base Technology Platform FON, and provides an integrated management tool for standardized entry, tracking and reporting of Legal Matters / Cases. It covers the complete Legal Reporting cycle from:
- Periodical requests for Corporate Legal wide Legal Matter Reporting
- Regional / Divisional initiation of the Legal Reporting process cycle
- Creation / Update of Legal Matters by designated members of staff
- Optional Local workflow / Approval support
- Regional / Divisional Quality Check and delivery to Corporate Legal Department
- Corporate quality checks, consolidation and Management Reporting
- Generation and submission of reports (Auditors Report, Management Report, Financial Reporting etc.)
FLM is capable of setting up and handling all types of Legal Matters, e.g. such as (Non) Litigations, Regulatory Matters, Subpoenas and Internal Investigations as well as Complaints and other types. FLM supports the regional or divisional entry / search / tracking and reporting of Legal Matters in the process of creating reports of selected Legal Matters and supports the workflow of these reports (tracking of reporting responsibilities).
All Legal Matters are entered into the FLM via standardized and region specific entry forms with a region / division based predefined set of matter types / matter fields.
The customer is using FLM for its global legal reporting by over 250 users worldwide.