MEMPHIS, Tenn.–(BUSINESS WIRE)–SRM (Strategic Resource Management), an independent advisory firm serving financial institutions in the United States and Europe, has announced that its cryptocurrency advisory services offering has evolved and will have a new name: Digital Asset Advisory Services. SRM has worked tirelessly over the past 18 months to provide digital asset training and assist financial institutions with strategic advice on vendor selection and key compliance considerations to minimize risk during onboarding. This pivot better reflects the current breadth of the space, the certainty of more innovation to come, and SRM’s unique role as a trusted consultant in the decision-making process.
Digital assets, including cryptocurrencies, stablecoins, associated blockchain and digital ledger technologies (DLT), as well as the evolution of decentralized finance (DeFi) and the emergence of tokenized assets, continue to gain popularity, priority and adoption. As such, SRM continues to expand its knowledge of this space and its advisory footprint to help financial institution clients make the best choices to meet the needs and expectations of their clients and members.
SRM is involved in a wide range of emerging digital technologies that impact not only retail banking, but also wealth management, trust, back-office banking, corporate lending, payments and cash.
“Our team has deep expertise in digital assets and we closely follow the evolution of technology to help financial institutions develop a comprehensive and innovative digital asset strategy to better serve their customers and members,” said said Larry Pruss, Director of Digital Asset Advisory Services at SRM. “The evolution of our practice – including the name – is important to us, as it will better reflect the needs of our clients, our growing international presence and our continued involvement in regulatory discussions.”
SRM (Strategic Resource Management) has helped over 1,000 financial institutions add over $5 billion in value to their bottom line in areas such as payments, digital transformation, core processing, artificial intelligence, digital assets and overall operational efficiency. SRM – now in its 30se year in business – reduced costs, created revenue opportunities, increased productivity and provided a competitive advantage to customers in an environment of constant and accelerating change. Visit www.srmcorp.com for more information and follow LinkedIn and Twitter for timely and relevant information.