Credit Suisse Selects TopClass as Corporate e-Learning Solution: TopClass to Deliver Blended Learning Solution to 50,000 Staff.Business Editors/High-Tech Writers DUBLIN, Ireland--(BUSINESS WIRE)--May 21, 2003 WBT See Windows-based terminal. Systems, a leading provider of Enterprise e-Learning Solutions, today announced that Credit Suisse The Credit Suisse Group (SWX:CSGN, NYSE: CS) is a financial services company, headquartered in Zürich, Switzerland. It is the second-largest Swiss bank, behind UBS AG. Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. has chosen the TopClass e-Learning Suite as their corporate e-Learning solution. This enterprise-wide contract follows a successful three-year deployment at Credit Suisse Private Banking where TopClass was used to deliver online learning to 8,500 employees. The initial focus of the expanded deployment is legal and compliance training to all 50,000 staff and sales training to the Group's 4,000 strong sales team. "Over the past three years we have enjoyed a very productive relationship with WBT Systems and their Swiss partner, Tertia Edusoft. TopClass is a comprehensive e-Learning Suite and WBT Systems' services are top-notch," said Anthony Cerquone, Head of Talent Development and Leadership Technology, Credit Suisse Financial Services. "We chose WBT Systems because of their understanding of our business. The commercial, competitive and regulatory environment that we play in is very complex and WBT Systems understand this. They are helping us to respond to these challenges with innovative solutions to cut costs and improve efficiency." As a global institution, Credit Suisse must observe the legal and compliance regulations of many different countries and this poses a challenge in terms of training its worldwide staff and ensuring they are compliant in the countries in which they operate. The Swiss Federal Banking Commission (SFBC SFBC Science Fiction Book Club SFBC Swiss Federal Banking Commission (Switzerland) SFBC South Florida Bible College SFBC San Francisco Bicycle Coalition SFBC South Florida Building Code SFBC South Florida Bioavailability Clinic ) has been increasing the amount of regulatory control and monitoring of the Swiss financial environment with anti-money laundering Anti-money laundering ("AML") is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent or report money laundering activities. and client data protection as key areas of focus. In foreign locations, Credit Suisse maintains compliance with Swiss regulations in addition to the policies of any regional regulatory authorities. Every significant Credit Suisse location has a legal unit including a legal and compliance officer and the reporting requirements for a legal and compliance officer may differ in each region based on the local regulatory authority. "Credit Suisse is committed to ensuring compliance with the regulatory obligations in every location in which it operates." continued Mr. Cerquone. "Like all large financial institutions, this imposes an enormous training obligation, which would be almost impossible to meet with traditional classroom training. For example, we and our colleagues in Legal & Compliance, have developed "Case of the Month", a scenario-based approach to testing staff on work situations that require an understanding of compliance. This course is mandatory for several thousand employees every month, as well as being available to all others. With the help of WBT Systems and TopClass, we look forward to meeting and exceeding these obligations." "This contract is a significant endorsement of WBT Systems' leadership position in Financial Services, and rewards our commitment to customer satisfaction, which is a core value of our business". said Declan Kelly, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , WBT Systems. "We have a major focus on Financial Services and are the only platform company to have invested in functionality specifically for this market. For example, our TopClass Compliance Solution provides comprehensive compliance functionality based on a unique Compliance Lifecycle Model, that we have developed from our many years of experience in this market." About Credit Suisse Credit Suisse Group is a leading global financial services company headquartered in Zurich. Credit Suisse Financial Services provides private clients and small and medium-sized companies with private banking and financial advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , banking products, and pension and insurance solutions from Winterthur. Credit Suisse Group's registered shares (CSGN CSGN Cyber Sports Gaming Network (UK) CSGN coordinating subgroup for narcotics (US DoD) CSGN Strike Cruiser, Nuclear Powered (US Navy ship designation) ) are listed in Switzerland and Frankfurt, and in the form of American Depositary Shares American Depositary Share (ADS) Foreign stock issued in the US and registered in the ADR system. (CSR (1) (Customer Service Representative) A person who handles a customer's request regarding a bill, account changes or service or merchandise ordered. Agents in call centers are known as CSRs. See call center. ) in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Founded in 1856, the company has almost 150 years of experience and operates in over 50 countries with over 50,000 staff. For more information see http://www.credit-suisse.com/en/home.html About WBT Systems WBT Systems is one of the leading providers of Enterprise e-Learning Solutions in the world. WBT Systems' TopClass e-Learning Suite(TM) enables the rapid creation, deployment, and management of knowledge delivery across the enterprise. It is a robust, easily deployed, web-based Learning platform with over two million users worldwide. Our implementation experience spans a variety of industries, including financial services, healthcare, government, and pharmaceuticals, across blue chip companies such as Alexander Forbes, Ahima, Allergan, Anthem, Basler Insurance, Belgacom, Blue Shield of California Blue Shield of California is a not-for-profit health insurance provider headquartered in San Francisco, California. An independent licensee of the Blue Cross and Blue Shield Association, Blue Shield of California is an incorporated, wholly owned subsidiary of California Physicians' , Credit Suisse, Danish Confederation of Trade Unions The Danish Confederation of Trade Unions (Danish: Landsorganisationen i Danmark or LO) is a national trade union centre, an umbrella organisation for Danish trade unions, founded January 3, 1898. , Diageo, Dow Chemical, Eurocontrol, Greene Consulting, Holcim, Innovatia, Liberty Group, QuickCompliance, Smith & Nephew, University of Chicago Hospitals The University of Chicago Hospitals form a major center for medical care and research in the Hyde Park neighborhood of Chicago, Illinois. They are affiliated with and run by the University of Chicago, and serve as teaching hospitals for students of the institution's Pritzker , U.S. Department of Defense, Wellpoint and Volvo CE. WBT Systems is headquartered in Dublin, Ireland with offices in London, Dusseldorf and Waltham MA. For more information about WBT Systems visit http://www.wbtsystems.com (C) Copyright 2003 The WBT Systems logo and the marks related to WBT products referenced herein are either trademarks or registered trademarks of WBT Systems Limited. All other brand and product names contained herein may be trademarks or registered trademarks of their respective holders. http://www.wbtsystems.com |
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