News story

Game changing regulations prompt compliance fast-track in City finance firms

London, UKLearning NewsCommelius Solutions

Financial institutions are priming systems to allow staff to fast-track through the raft of new compliance training requirements expected in the wake of recent financial scandals.

Social learning management system
Social learning management system 

Listed as a top three priority by 7/10 financial training experts questioned for Redtray’s LMSwishList programme last April, the ability to ensure regulatory compliance across the workforce has become the most wanted capability in a learning management system for financial training experts post this summer’s financial scandals.

“Europe’s financial institutions are braced for a tidal wave of new regulatory change” says Redtray MD Vicky Jones. “The big difference this time round is going to be the pace of implementation.

“As the game changing initiatives introduced in response to recent financial turbulence roll-out, companies want to ensure that every new rule or regulation they must adhere to is absorbed into the business process as quickly as possible without obstructing or blunting the critical competencies that keep them competitive.”

Launched earlier this month as part of Redtray’s new ALTO social learning portal, the Pursuit compliance and reporting suite allows businesses to fast-track quick changing compliance training requirements across the enterprise easily and with accountability.

Redtray Solutions provides an interactive FAQ builder to find out, book a demo or reserve a brochure about its new ALTO learning portal.

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