Tag Archives: Finance

Service, Knowledge, and Experience: How an LMS Can Help with training in banking and finance

The training in banking and finance industry revolves largely around three ideas: service, knowledge and expertise. It is these three factors that allow the companies to compete with other organizations in the industry and succeed. This also means that training is of equal importance, because without the proper training, and organization will lack in service (and even overall morale), knowledge (even the most experienced employees can become rusty over the years), and expertise (employees should be trained frequently to ensure they have the most up-to-date knowledge and expertise).

This industry also adopts new regulations and industry standards frequently, and it’s important to make sure that employees have this new information and meet the necessary standards. The status of today’s economy causes people to put their trust and confidence in financial institutions for the most useful information possible. Therefore, companies must have the best resources possible to serve their loyal customers. If you’re employees are striving, so will your business.

But you may be asking: How can I improve my employee’s service/knowledge/expertise? How can I ensure that my company meets industry requirements and standards? A Learning Management System is the answer, and is what will help lead you to continuous success. More specifically, GyrusAim can help provide learning materials to all users in order to develop competence as quickly as possible.

GyrusAim helps companies in the Banking and Finance industry keep employees up-to-date with current regulations and improve competency management using one centralized, Web-based system. The Web-based functionality allows for consistent training to take place at any time, depending on the convenience of the user and the company. Not only is GyrusAim effective, but it is also very secure (a significant benefit for these types of industries).

Last, but certainly not least, an LMS can help track compliance and certification. GyrusAim makes it easy for training administrators or Human Resource managers to track compliance and/or certification of SOX, corporate governance, risk management, policy and procedure management, and more.