Banks. Insurance firms. Asset management companies. Organizations operating in the sea of financial services face more regulations than perhaps any other industry, constantly having to navigate the rule-based, compliance-driven, ever-changing waters in which they operate. Particularly in today’s global environment, these institutions must be able to comply with new rules, prove compliance and train employees to comply – and all the while, maintain a competitive edge. Not always an easy task. But with proper learning management, it can be done.
Putting yourself in the shoes of a financial services learning officer, charged with training and certification, how would you succeed given such an immense responsibility? What would be on your list of main concerns? Your list would, most likely, look something like this:
- Access to training data to track employee compliance for frequent audits
- Rapid delivery of training on Standard Operating Procedures to meet changing regulations
- Training to ensure compliance with local, state (if you’re in the U.S.), and global regulations such as anti-money laundering, Sarbanes-Oxley, anti-bribery and anti-corruption
- Alignment of certifications and training of new employees gained through mergers and acquisitions
- Reduced talent management administration costs to improve bottom-line results
Is your learning management system (LMS) truly global? In today’s fast-paced global environment, multilingual companies are challenged to deliver training in multiple languages to their global workforce.
Multi-language handling is a must-have for multinational corporations or any company managing learning and performance for a global workforce or a global partner network. Preparing content that targets a diversified audience or an audience that is multilingual is becoming more and more common.
In today’s fast-paced global environment, companies are regularly challenged to adopt and respond to new business and compliance requirements, quicker than before. The learning technology landscape is evolving quickly and the role of the Learning Management System (LMS) is changing too. Most organizations who invest in learning technology and e-learning are using an LMS – more than 700 learning management system vendors compete in the marketplace. In this context, it can be overwhelming for organizations to find the learning solutions that best fit their needs.
In this two-part post, we will discuss why Learning & Development (L&D) managers are not satisfied with their learning technology (and more specifically with their LMS). We will also provide some best practices on what you should consider when you select an LMS.
The recently released version 13.1 of the NetDimensions Talent Suite includes a number of exciting new features, such as bolstered Artificial Intelligence (AI) capability.
Artificial Intelligence, or machine intelligence, is defined in the Merriam-Webster dictionary as “the capability of a machine to imitate intelligent human behavior”. Artificial Intelligence is widely tipped to revolutionize the Learning & Development (L&D) industry with its ability to use technology to make automated, intelligent choices on an ongoing basis.
Artificial Intelligence was first introduced to the NetDimensions Talent Suite with the introduction of Dynamic Load Analysis in version 12 in July 2016.
The NetDimensions Talent Suite version 13.1 sees new, enhanced AI functionality with the addition of the AI Assistant Recommendations feature.
As the human capital technology landscape expands and solutions become more specialized, integration has become more critical than ever. Not only do we need to think about how each of these talent-focused platforms work together, but how they work together with other systems within and outside of the organization.
According to Brandon Hall Group’s 2016 Learning Technologies survey, integration capabilities are one of the top-three most important criteria organizations have for their learning technology providers, with 46% saying it is essential and 30% saying it is critical these services are available.
In an environment where fewer than half (44%) of companies are looking to get a suite of integrated talent management modules, it is important organizations understand the ins and outs of integration.