| Benefit |
Feature |
| Strictest compliance to regulations, as imposed by the Patriot Act and international financial services oversight bodies, at a lower cost |
- Robust compliance and certification training capabilities meet complex, diverse needs for employees in banking, insurance, brokerage or diversified financial services
- Automatic, prescriptive assignment gets the right compliance training to the right people, based on locations, job roles or other criteria
- Automatic notifications for re-certification or training re-assignments
- Easy administrative features reduce program administration time and increase the rate of compliance training completion
- Web-based training and virtual classes lower training costs
- Compliance exception reports that alert managers and administrators to potential problem areas reduce the risk of non-compliance
|
| Lower cost and less time to submit accurate proof of compliance |
- Automatic reports on all employees’ training progress that can be quickly submitted to authorities as proof of compliance
- Stringent system security with granular security roles
- Audit trails tracked by the system on each learning activity provide clear visibility
|
| Improved customer satisfaction and profitability |
- Comprehensive formal and informal learning capabilities enable employees to develop themselves on business skills and product knowledge to better service customers
- Quickly disseminate knowledge to all sales and service teams to via virtual classroom and live collaboration tools to improve customer relationships
- Manage employees by competencies to improve customer satisfaction and profitability
- Use performance goals to systematically encourage innovative ideas to distinguish the company’s products in commoditized financial services
|
| Aligning competencies to goals to meet fast-changing financial services market dynamics |
- Job role-specific competencies help companies ensure their employees have the relevant skills and knowledge to meet corporate objectives
- Continuously measure competencies and close competency gaps to adapt to shifts in market needs
|
Consolidate into a single, unified, platform for managing learning and performance |
- Consolidate disparate systems into a unified platform by Saba to create as single view of an employee’s performance and development activities
- Consistent performance planning and review process across diverse teams and divisions, especially in light of the many M&A activities in recent years
- Tie learning to performance to drive substantial performance improvements
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