Genovo comes preloaded with the ATR profiles of a number of risk profiling tools, and you can also create your own custom set of ATR profiles should you need to.
When you first sign up to Genovo, the Genovo ATR profiles will be selected as the active set of profiles for your account by default. However, it’s easy enough to select one of the other preloaded sets as your active set.
To select your active set of profiles, or create your own custom set, go to customisation > attitude to risk profiles.
Selecting your default set of ATR profiles
Simply click the corresponding radio button in the Active Set column. For example, in the image below Your Company's ATR profiles are selected as the active set. You can view the underlying profiles of a particular set by clicking the corresponding view / edit icon to the right of the name, and you’ll be directed to a new page that lists out all the profiles for that set.
Creating a custom set of ATR profiles
Click the edit icon to the far right of Your Company's ATR Profiles.
You will be directed to a new page where you will be prompted to create as many different profiles (e.g low, medium, high) as required. To create an ATR profile, click add atr profile and enter the profile name, profile description and display order as prompted.
The display order will determine the order the profiles come out in your reports. For example, cautious could be 1, balanced 2 and adventurous 3….
Before leaving the Attitude to Risk Profiles page, make sure your preferred set of of ATR profiles are selected as active.
When it comes to the time for you (and your users) to write a report, the active set of profiles for your account will always be selected by default. However, it is easy enough, from within the Attitude to Risk step, for a user to override this selection and select an alternative set of ATR profiles for that particular report.
As well as assessing a client's willingness to take risk i.e. their attitude to risk, it is obviously also important to consider their need and ability to take risk i.e. their capacity for loss. To learn more about how to customise the capacity for loss wording used in your reports check out this article from our Knowledge Base.