Training

Training consists of products and services that aim at the education of staff on subjects like laws and regulations, governance, internal policies, which apply to their day-to-day responsibilities. Regulators expect financial firms to train their employees on a wide range of topics including AML, Financial Crime, Compliance-related aspects like Conflicts of Interest, Market Abuse regulations, Anti-Bribery and Corruption, or IT and Cybersecurity. Of course, this list is not comprehensive and depends on the nature of the business of a financial institution. Thus it is not surprising that a large group of start-ups as well as established players try to cover this field, mostly through online platforms in different formats. Gamification of learning, i.e. the attempt to package the content of training into the form of a game, is one of the latest trends to motivate participants to study by using video game design and game elements in learning environments.

 

RegTechs for Training: