ATMIA Pioneers Online Corporate Governance Assessments

The ATM Industry Association today announced that it has launched the pioneering concept of a self-service Corporate Governance assessment system for its members.

The new online service has incorporated the association’s industry training material on the seven recognized principles of Corporate Governance into a self-assessment 50 question survey which tests the strength of a member company’s corporate governance system.

“Companies curious about how well they are doing with Corporate Governance, or who want to improve their Corporate Governance, should take the online test!” commented Mike Lee, CEO of ATMIA. “We operate in an era of increasing automation and it is important to provide value-adding business services online which are convenient, time-saving and cost-saving.”

Once the Corporate Governance assessment has been completed online, the respondent can immediately view his scorecard, as well as a set of recommendations related to the areas of weak corporate governance which have been identified by the survey. These results and recommendations are then emailed to the member for follow-up actions.

“The exciting thing about the contemporary approach to Corporate Governance is that it provides a system for long-term, risk-reducing management of a business,”  Lee added. ”Corporate Governance is becoming a critical success factor for all businesses.”

Last month, ATMIA introduced a companion online ATM Risk Management system, with an ATM Risk Matrix, ATM Risk Survey and Synopsis of risk management recommendations.

Both online systems weight answers to questions in terms of importance, allowing a score to be generated with reflects how well members are performing in key areas of risk management and corporate governance.

Enquiries should be directed to Mike Lee at mike@atmia.com.