ATS Services and Genesis Corporation Launch Risk Training in ASIA and INDIA

March 17, 2007 (PRLEAP.COM) Business News
New Delhi, New York - ATS Services and Genesis today announced a joint venture plan that would focus on bringing Risk Training and Consultancy services to financial institutions in India and the Asia Pacific region.

"Currently the growth of the economies in Asia Pacific, including India has caused a huge expansion of credit in all sectors. We foresee that the growth will continue aggressively for the next decade," said Tushar Chopra, CEO, ATS Services. "Our Risk training programs meet a critical need in the industry to integrate risk management with financial management and strategy. Due to the complexity of credit decisioning, we expect that institutions will nominate those executives on track to lead enterprise-wide risk management functions" added Tushar Chopra
The ATS- Genesis risk management training programs will sharpen the thinking of risk management professionals and enhance their strategic decision-making capabilities, adding value for professional risk managers, line managers and the institutions they serve,” said Joe Forte, President- Genesis Corporation.

"Genesis has 20 years experience working with financial institutions in over 40 countries developing conceptual materials, simulations, games, and case studies based on real situations in Europe, Asia, the Americas, Africa and Australia.

These specifically tailored training programs and focused consulting projects offer financial institutions the opportunity to invest in a critical resource—human capital, which may be the key differentiator remaining in today’s highly competitive marketplace. “Across Asia, as firms are rapidly growing in size and complexity—it is critical to have an enterprise-wide risk management culture that cuts across operating lines, encompassing credit risk, operational risk, and market risk" remarked, Tushar Chopra.

ATS-Genesis consultants will design specific case studies that will lead participants through the implications and interrelationships among market, credit, operational and enterprise risk management with emphasis on the critical roles of corporate governance, and organizational culture. The faculty will include leading industry subject matter experts to emphasize hands-on application and facilitate a unique learning opportunity for participants.

“Our goal is to provide both a pragmatic and an analytical education on how to use risk models, how to ask the right questions and how to understand the implications for financial management and strategy,” said Joe Forte
For more information about ATS-Genesis Risk Training programs, please contact: Rbhatia@servicesats.com

About ATS Services
ATS Services is the leading domestic Business Process firm with global financial services clients. Based in New Delhi, ATS Services pioneered the domestic outsourcing industry in India. Focused on the financial services domain, ATS is one of the fastest growing companies in its category. In addition to providing solutions to banks and insurance companies, ATS also provides HR Consulting and Training through its HR practice. For additional information please visit www.servicesats.com

About Genesis Corporation: Headquartered in Boston, Massachusetts USA, Genesis Corporation is a global provider of risk management training and consulting services to leading financial institutions. With capabilities encompassing the areas of Commercial Banking, Consumer Banking, Private Banking, and Investment Banking, Genesis’ objective is to drive performance by helping clients implement best practices that are suited to their businesses and marketplaces. For additional information please visit www.consultgenesis.com