Meeting compliance and raising standards across financial services
Since 2009, banks worldwide have paid $300bn in penalties.
Financial services operate in an increasingly regulated environment. Mistakes are costly. Senior executives must balance the demands of recruiting a dynamic workforce with embedding a culture of compliance across the organization.
Our assessment platform can help address these high-stakes issues:
Enable employees to develop skills and product knowledge to better serve customers
With staff certification and compliance programs
Identify staff knowledge gaps:
Using tests to spot gaps and map risk across the organization
Learning and Development
Only 28% of financial services firms believe their workers are ready for the new challenges ahead.
Financial services are changing rapidly as a result of new technology and a more regulated environment. Learning and development personnel need to equip and validate workers with new essential skills.
Valid and defensible assessments accurately analyze future training needs.
Our platform helps learning and development staff in firms to equip their workers with the skills they need.
Compliance personnel in financial services firms are increasingly under pressure and scrutiny.
In a high-stakes sector such as financial services, compliance is no longer a support function. It is essential to the success of a business.
Testing and meeting regulatory requirements needs assessments that are valid, reliable, fair and defensible.
Assessments can audit staff and satisfy regulatory requirements. They reduce risk and guard against penalties and fines.