LMS for Financial Services

The Challenges of Staying Compliant in
Financial Services

anti-money laundering training, banking compliance, anti-bribery training

Complex regulatory landscape
Do you need to comply with the Securities & Exchange Commission (SEC) or global regulations such as anti-money laundering, anti-bribery and anti-corruption?

Financial Services and banking Rapidly changing regulations

Rapidly changing regulations
Do you know what version of a Standard Operating Procedure your employees are
trained on and if they are compliant with the
most current regulations?

Frequent regulatory audits for banking and financial services

Frequent regulatory audits
Do you have training data reports
that track your employee compliance
instantly available?

Non compliance fines for banking

Significant fines if found non-compliant
What is your cost of non-compliance?

Need of integrating learning management system for financial services

Often too many systems to manage
Are you spending too much time and effort on integrating different systems to track compliance?

Good finance and banking industry reputation

Maintain a good reputation
Are you aware how negative reputation can affect your company’s earnings, liquidity, and capital position?

Manage compliance training in Financial Services
with a centralized system that:

  • Accurately records all compliance training for your employees globally
  • Gives you real-time access to data and sophisticated reporting to satisfy compliance audits
  • Offers pro-active compliance reporting based on job profiles & competencies
  • Can integrate and analyze complex learning,
    compliance & HR data to enhance decision making
  • Supports industry standards such as SCORM
  • Provides best-in-class software security,
    scalability & data integrity

Our Solutions

End-To-End People Compliance

End-To-End People Compliance

With NetDimensions Talent Suite, you can schedule and implement compulsory training programs to ensure that all employees adhere to the regulatory procedures specific to their job role, area of specialization, and location.

Automatic tracking and notifications help following employees' training plans and reminding employees to take training in time and within grace periods.

At the same time, integrated compliance reporting provides management with a unified view of compliance-related risk across the whole workforce.

End-to-End People Compliance training management
Accreditations & Competencies

Accreditations and Competencies Management

The Learning Paths in NetDimensions Learning provide employees with a visual way to highlight the way to achieve required certificates and competencies.

Learning Paths help maintain the flow of continuing education by reminding the employees when it is time to take new (or revised) training for compliance or professional development.

Automated workflows around expiry dates or grace periods and integrated reporting provide the level of flexibility and sophistication required to effectively manage competencies in financial services organizations.

Accreditations and Competencies Management
Compliance Analysis

Compliance Analysis

Best-in-class organizations are moving from a reactive approach to compliance to a pro-active one.

NetDimensions has been in the forefront of pro-active compliance management with:

  • Competency-based compliance reporting to highlight current compliance levels and ongoing compliance risks, including the ability to drill-down to specific departments, and individual employees
  • ‘Compliance analysis’ module in NetDimensions Learning that includes a set of out-of-the-box reports specific to training compliance
  • NetDimensions Analytics, a state-of-the-art talent analytics application
Compliance Analysis
Electronic Training Records

Electronic Training Records

Training records must be inspection-ready, whether they are stored as paper-based or electronic records.

When preparing for an inspection, a significant amount of time will be spent checking that records are current and agree with applicable Standard Operating Procedures.

NetDimensions' electronic records are updated in real time for pro-active compliance reporting. They are also quick and easy to access and report on, thus allowing your organization to be inspection-ready more effectively and efficiently.

Electronic Training Records
Secure SaaS

Secure SaaS

Multi-tenant SaaS models can provide challenges in highly regulated environments where software validation is required.

NetDimensions Secure SaaS combines all the benefits of SaaS with unique benefits that are specific to highly regulated environments:

  • Control over updates to support validation timeframes
  • Customizations to meet your business needs & user experience
  • Best-in-class security, authentication & data privacy
  • ISO 27001 certification

Find out the right questions to ask when selecting a SaaS vendor

Secure Saas

Compliance Challenges
in Financial Services

Compliance Challenges in Financial Services
anti-money laundering training, banking compliance, anti-bribery training

Share these industry insights and solutions with your team — download NetDimensions' Financial Services Solutions brochure and take the next step in discovering fully integrated learning and performance management for your organization.

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