Contact Information: Contact: William H. Thompson ASI Communications Coordinator 925-946-1353
Advisory Services International, Inc. (ASI) Offers Tool to Map Risk Management; Mirror Assessment Helps Financial Institutions Find Out Where They Are
| Source: Advisory Services International, Inc.
INDIAN HARBOUR BEACH, FL--(Marketwire - August 5, 2009) - As times change, maps can too.
Today, this is especially true for maps showing the risk management terrain
financial institutions must master.
Old maps, once thought indisputable, have now been proven inaccurate,
causing institutions and customers alike to find themselves lost and
hesitant to take any course at all. Many can't see where they are on any
map, or in what direction to go. Failure to take action is one form of
mismanagement, while another is embarking on paths seeking improvement when
none is needed. Institutions clearly need to know where they are now and
what directions to take next.
Advisory Services International (ASI) uses a simple, five-question risk
management "Mirror Assessment" tool to help provide a snapshot of where an
institution currently stands in relation to proven principles of sound risk
management. By pinpointing where it is on the risk management map and where
it should be going, an institution can better regain its path to
credibility, solvency, and goal achievement.
For the first time, ASI is making the tool available on its web site. The
complimentary Risk Management "Mirror Assessment" is appropriate for
employees at all levels of an organization, from top executives to the
front line. Optimally, a number of people will take the assessment, thereby
increasing accuracy of the findings. There are no right and wrong answers.
Identity information given is never shared with other organizations.
Based on years of experience using the process, ASI then analyzes an
organization's assessment results. The output is a brief summary report of
recommended steps for the institution to take.
J.B. Woods, president of ASI, sums up the offer by saying, "It's really
simple. You can find out where you are, and then plan from there. Our
'Mirror Assessment' takes less than ten minutes, so that's the only
investment for now. This is a low-risk, no-cost initiative that can net
some valuable insights -- a welcome concept these days!"
The ASI Risk Management "Mirror Assessment" is available at the firm's web
site: www.AdvisoryServicesIntl.com.
Founded in 1997 when financial institutions were less in the spotlight,
Advisory Services, Inc. built its solid reputation for integrity and
positive results by helping clients, worldwide, understand and implement
sound principles of financial services. Today, the firm (now with
"International" in its name) is specifically focused on all aspects of risk
management.
Effective risk management is essential to the health and survival of every
financial institution -- even those currently deemed the most stable. The
Advisory Services International team -- with more than 100 cumulative years
of financial expertise -- believes the time is now for financial executives
to take action to bring risk management practices under control.
About Advisory Services International, Inc.
ASI headquarters are located in Florida with principal team members in four
other states. The firm can be reached by phone at +1-707-208-6128 or via
its web site: www.AdvisoryServicesIntl.com.