Patent ID: 7136827

Claim:
A method for evaluating a financial services business, wherein said business includes a plurality of financial services related functions each having a plurality of activities, the method comprising: (a) selecting an activity related to one of said functions of said financial services business; (b) collecting experiential data generated during performance of internal operations of said financial services business, wherein said internal operations are related to said selected activity; (c) using a computing system to calculate activity key business indicators (KBIs) for said selected activity by applying metrics to said experiential data, wherein said metrics correspond to financial services specific drivers such that said activity KBIs correspond to said financial services specific drivers, wherein said financial services specific drivers comprise (1) a risk driver, (2) an alpha generation driver, (3) a productivity driver, (4) a profitability driver, and (5) a scalability driver, wherein step (c) comprises applying all of said drivers to said selected activity to thereby calculate for said selected activity an activity KBI for each of said drivers; (d) using said computing system to calculate function KBIs for said one of said functions related to said selected activity, wherein step (d) comprises applying all of said drivers to said one of said functions to thereby calculate for said one of said functions a function KBI for each of said drivers; and (e) using said computing system to generate an overall risk assessment for said business using results of at least steps (c) and (d); wherein by applying all of said drivers to said selected activity and said one of said functions, interrelationships between said functions are considered when generating said overall risk assessment for said financial services business in step (e); and wherein steps (a)–(d) are repeated such that all of said financial services specific drivers are applied against all of said functions and all of said activities.