ABCUL Academy features leading LMS
30 Jun 16
The new ABCUL Academy features the leading learning management system in the financial services sector.
ABCUL is helping its members improve and demonstrate their skills and professionalism thanks to a partnership with financial services training specialists, Unicorn.
The ABCUL Academy is powered by Unicorn’s award-winning learning management system (LMS), populated with an extensive compliance eLearning library which provides credit unions with the means to reduce risk through relevant practical training which is designed to encourage the right behaviours in staff and directors.
With new innovations and opportunities for credit unions, plus the recent arrival of the Financial Conduct Authority’s (FCA) new Senior Managers Regime and Certification Regime, training and evidencing competency is more important than ever.
ABCUL Head of Member Services Rosanna Donovan said: “Over the last decade, British credit union membership has doubled and assets have trebled, so our rapidly expanding sector recognises that we need to meet and demonstrate the highest standards of knowledge and compliance to reassure the growing number of consumers who trust us with their money.
“As credit unions are governed by volunteer directors and many also have volunteers in operational roles, Unicorn’s LMS and content suite is the perfect solution to allow credit unions to train their people in a way that suits their lives, and to track and demonstrate compliance to their members and regulators.”
The ABCUL Academy meets the industry demand for ‘snackable’, just-in-time and role-relevant learning delivered online that embeds core knowledge in line with regulation and heightens awareness of the serious consequences of non-compliance.
New diagnostic tools, apps and mobile learning with on and offline syncing, video and role-specific scenarios all create impactful, personalised learning pathways within the ABCUL Academy. These instantly connect learners with their day-to-day activities and embed the learning required for firms to meet all the regulatory demands.
Unicorn Product Manager Simon Mercer said: “The FCA is challenging firms, credit unions included, to prove their staff or volunteers are competent and compliant, so the evidence is as critical as the training itself. We are delighted ABCUL has partnered with Unicorn for the solution to support its members.
“The ABCUL Academy enables the deployment of content, monitoring, reporting and automatically assigning learning from its content catalogue, CPD, creating role-based pathways and sending email reminders to effectively deliver the right learning. For those who may not need to do a whole course but want a refresher or reminder, highly visual summary module PDFs provide a useful referral tool for key messages.”
In 2016, Unicorn’s learning platform was ranked the world’s top LMS for the financial sector for the second successive year in the Top 50 LMSs Report 2016, compiled by the influential Craig Weiss.