I would remove the caliper, and check the condition of the pads, they may be just 'glazed', and a little 'roughing ' up with some sandpaper, may improve your braking .
Try doing a brake bleed, and see if there is any air in the system .
Do you still have the OEM ATE rubber brake lines ?
If so you may want to consider replacing them, braided stainless lines don't cost an appreciable amount more than OEM, I myself wouldn't go back to standard rubber lines again .
If you go this far, as to replacing the lines, you may want to remove the master cylinder from the right handlebar grip, and take it apart, have a look at the cylinder wall, and condition of the 'cup' seal on the piston, they may need some work as well .