The financial services sector has seen many mergers and acquisitions in recent years, with some of the biggest and best-known financial brands in Europe joining forces in an increasingly competitive market environment.
Financial institutions are constantly having to update, rebuild and integrate IT systems to create a solid infrastructure that will support their customer base while offering competitive value-added services.
Simple enough in theory, yet, regardless of how up to date their systems might be, many financial institutions are discovering that there is a major hurdle standing in their way – training for the staff who must support and develop these new and highly complex IT infrastructures.
Employees must be able to work with ever more sophisticated and complex IT and networking systems on which their companies increasingly depend, with mergers and acquisitions placing demands on infrastructure planning, deployment and management.
Identifying the education solutions for people who have the responsibility to specify, deploy and manage this infrastructure is a tall order.
A fast paced industry need fast learning. Staff in financial organisations are required to develop the latest applications based on unfamiliar technology. The demands on staff can be daunting and the potential for failure is high.
Financial institutions have neither the competitive luxury to afford such failure nor the time to develop their own training programmes but they can call upon the services of IT training organisations.
It is worth taking a step back from the hype and reassessing how, where and why e-learning should be used.
E-learning's unique selling point is that it is very flexible, allowing students to determine when, where and how they want their education programmes to be designed and delivered.
We advocate a blended learning approach and turn some long-held beliefs about the value of the classroom on their head. For example, our remote or virtual labs provide a more vital learning experience for students than perhaps the classroom can. The learner gets access to equipment, providing practice opportunities that are similar to a classroom while offering greater flexibility and, most crucially, in a way that would reflect the reality of using such skills in a work environment.
Valuable though e-learning is, the best solution is a mix of delivery methods created by companies with a solid background in creating and delivering complete, blended learning solutions.
E-learning is not an end-product in itself – it is a delivery method.
Successful training management considers the spectrum of options to create an optimum, comprehensive education formula that provides the most efficient and effective instruction mix based on each student's existing skills, knowledge gaps, time to learn and personal preferences.
The cost of training is not trivial and we understand the need to deliver individual training solutions tailored to meet an organisation's goals while maintaining a significant return on investment.
The end-result is highly cost-effective training, designed to deliver real business benefit.