FLM 5.1Frankfurt am Main, 14 April 2014: One of the world's largest Financial Institution went globally live with the new Release 5.3 of the Framesoft Legal Matter Management (FLM).

Framesoft Legal Matter Management provides an integrated management tool for standardized entry, tracking and reporting of Legal / Compliance Matters / Cases.

The FLM (Framesoft Legal Matter Management) Release 5.3 was deployed to standardize information reported in matters across all regions, thus increasing the quality and availability of data.

Therefore several matter details are changed to be mandatory while others are removed or migrated to new fields. A new regional Pre-Selection can be used to define the content of selection fields dependent of the matter location. As all other selections these regional dependent selections can be managed by a FLM administration screen.

Furthermore a comprehensive and continual risk assessment framework was developed in order to classify matters and their possible outflow.

The following capabilities were also implemented in the new FLM Release 5.3:

  • New privacy field and location based security
  • New mass "mark-matter-as checked" function
  • Update of business divisions
  • Update management reports to reflect changes business divisions
  • LDAP interface to central user database to set responsible persons
  • Enhancements of pool reporting