New England Retail Bank Upgrades To Customized Simulation Training For BSA/AML Training

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A Retail Bank located in New England has selected Edcomm Banker’s Academy to deliver comprehensive simulation training to work in conjuncture with BSA/AML compliance training.

New York, NY, December 05, 2008 — A New England Retail Bank has selected The Edcomm Group Banker’s Academy to deliver comprehensive simulation training to work in conjuncture with BSA/AML compliance training. The bank also chose to implement Edcomm Banker’s Academy own LMS, Learning Link®, for hosting and maintenance

Edcomm Banker’s Academy’s award-winning “Observe-Practice-Demonstrate,” allows bank personnel to execute realistic reporting transactions and learn an assortment of tasks that are fundamental to fulfilling banking reporting requirements. The simulation program covers a series of real-world transactions, scenarios and reporting needs ensuring that the employees are fully prepared to protect customers and the bank from day one.

Focus on Compliance, a computer-based, distance-learning program, can be delivered via Internet, intranet or CD. The program teaches banking compliance using easy-to-understand language in an interactive, self-paced format. Participants learn from their own perspective, with a curriculum customized to their position. Focus on Compliance covers: Bank Secrecy Act (BSA), Anti Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Gramm-Leach Bliley, Sarbanes-Oxley, Reg CC, Check 21, Reg E, Truth in Lending, FCRA, FACT Act, ECOA, Fair Lending, HMDA, CRA, and Bank Bribery, among others. The program also includes a quick reference to all banking regulations, as well as a glossary of terms and a reference library.

Learning Link®, Edcomm Banker’s Academy’s full-featured learning management system, has an open architecture that builds on industry-standard SCORM and AICC compliance, but adds features and capabilities far beyond any competing products. Learning Link® maintains a complete record of every learning and administrative activity and offers a wide variety of customizable, real-time reports available both onscreen and in CSV formats for download and integration into any HR system. Learning Link’s servers have been issued a SAS-70 attesting to the quality of their security, business continuity and performance.

For more information about programs like this, or to find out how The Edcomm Group Banker’s Academy can customize any training program, log onto www.bankersacademy.com or call 888-433-2666.

The Edcomm Group Banker’s Academy is a 21-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share – providing bottom-line results. The Edcomm Group Banker’s Academy has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. Edcomm Banker’s Academy offers many off-the-shelf and customized courses such as Teller Training, Compliance Training and Systems Training specifically designed for Banks, Credit Unions and Money Services Businesses (MSBs).

The Edcomm Group Banker’s Academy (www.bankersacademy.com) is headquartered in New York City with locations and representation throughout the world.

Contact:
Linda Eagle
The Edcomm Group Banker’s Academy
21 Penn Plaza Suite 1010
New York, NY 10001
888-433-2666
[email protected]
http://www.bankersacademy.com

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