August 10, 2006
ATMIA & Tectonic Concepts Pioneers Automated Self-service ATM Risk Management
(August 10, 2006, London, United Kingdom; Brookings, South Dakota, USA, Kentucky, USA, & Cape Town, South Africa) The ATM Industry Association today announced that it has launched the pioneering concept of an automated ATM risk assessment service for its members.
The new online service is called ATM Risk Management (ARM) and includes a 50 question ATM Risk Survey, covering five types of risk; namely, corporate risks, business risks, financial risks, crime and fraud risks and liability risks normally covered by insurance. Once the Risk Survey has been completed online, the respondent can immediately view his scorecard and risk rating, as well as a set of risk management recommendations related to the areas of risk which have been identified by the survey. These results and recommendations are then emailed to the member. The recommendations indicate industry reference material which can assist the member to implement procedures for risk mitigation.
ATMIA has developed an ATM Risk Matrix to help the member fill in the ATM Risk Survey. The risk management recommendations will help the member reduce identified risk exposures. The confidential self-assessment system is set up for the member to complete the survey as many times as subsequently needed to test how implementing the risk mitigating steps has led over time to reduced risks.
“The system is password-protected to make sure the risk self-assessments are confidential,” explained Mike Lee, CEO of ATMIA.”It is a completely automated system, a kind of self-service Risk Management exercise. I know of nothing like it in our industry. It will assist our members to implement steps to ensure they are protected against the different kinds of risk any ATM business faces in today’s world.”
The system draws on ATMIA’s experience over the last eight years of administering an international ATM insurance program underwritten by Lloyd’s of London, coupled with the well-respected work of the Global ATM Security Alliance. The ATMIA worked closely with Tectonic Concepts, LLC, an interactive and technology agency based in Louisville, Kentucky to develop the security, business rules, recommendation response logic and state-of-the-art Microsoft.NET technology to provide the new online service to the ATMIA's membership.
Enquiries should be directed to Mike Lee at email@example.com.
The ATM Industry Association is an alliance dedicated to the global advancement and proliferation of automated teller machines. It has chapters in USA, Canada, Europe, Africa, Asia and Australasia, with plans for additional regional chapters. ATMIA is the world’s only international trade body for the ATM industry with more than 770 members in over 45 countries. In June 2003, ATMIA established the Global ATM Security Alliance (GASA) (www.globalasa.com) with the mission to employ global security resources in a united alliance in order to protect the ATM industry from criminal activity.
About Tectonic Concepts, LLC
Tectonic Concepts, LLC, is a Louisville, KY based interactive company specializing in strategic Internet marketing, Customer Relationship Management/Marketing, Content Management applications, and web-based application development based upon the Microsoft .NET platform. Tectonic Concepts, LLC has offices in Louisville, Kentucky and St Louis, Missouri. Tectonic Concepts, LLC services clients in over forty states, Canada, Mexico, Europe, Australia, South Africa and China. For more information contact Jennifer Wroblewski, (502) 897-2444 or firstname.lastname@example.org.
- back to Latest News -