GRACE For Online Training

Online Training with GRACE

Train you staff well to avoid Compliance Violations

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Training is the Key to Compliance

As regulations get more and more complex, be it Regulation Best Interest, Data Privacy, Anti-money laundering , New regulatory expectations for client disclosures or Conflict of interest, it becomes imperative for organizations to not only set the policies and procedures in place but also to train the staff about the latest procedures to be followed. It is important to give them a good and deep understanding of the expectations from compliance and what constitutes violation.

Online training can be a big help in creating a resource pool for consistent information delivery based on functional responsibilities to allow them to understand nuances of regulations in the roles they play and stay in compliance.

The Challenges in establishing Training

Online training can help organizations deliver customized training that is tailored with internal compliance requirements and make it available at the desktop.

By doing this pertinent training can be delivered effectively and on time.

Availability of training material for future reference can be added advantage for all new hires that may be joining the organization and have to be trained on the organization’s process

Given the current COVID market situation, Online training may be the best option for staff to be trained Vs class room training

GRACE for Online Training

GRACE for online training helps you establish the training process calendar, enroll the relevant staff, set up alerts for them to know about the courses they need to attend. It allows customized course content to be created and set up within the training calendar

My Portal on GRACE will allow end users to login to the system and invoke their training course. The training course will include content to be viewed, and quizzes to be answered that can also rate the understanding of the material provided.The course completion status will be available to the organization. The Training Dashboard provides analytics on courses, status of progress across locations, departments and user groups to help plan and manage

GRACE Online Training

Organized, Efficient Training across the organization can lead to less compliance violations

Set up and Manage Training

GRACE helps manage the Training calendar by setting up the dates on which training would be conducted, along with information on the Training organization and documents that can be shared with the staff

User Management

  • GRACE can help add and manage staff that need to be included into the training. User Groups can be created and can be assigned training courses
  • GRACE will send out e-mail alerts to users on the dates of training and send them reminders based on their training status

Training Content Creation

  • La Meer can help build your business specific content though our content creation service on a consulting basis. This can help you meet multi-departmental, multi-locational and multi-lingual needs . We can help you set up training for subjects like Reg BI, California Consumer Privacy Act (CCPA), GDPR, Data Privacy, Anti-Money Laundering, Mifid II, SMCR and others

Training Dashboard and Analytics

  • The Training dashboard provides graphical view of all training sessions across departments, locations, groups, status of progress.
  • For each training it shows how many people have finished the training along with drill down to information about their scores and status of completion
  • It provides analytics on the course scores and which units were found useful and other feedback from users
  • Additional reports can be generated by end user and used for internal reviews.

My Portal for all Staff

  • Each User who undergoes training will get an E-mail alert and can login to the system to undertake the training assigned to them
  • The User can click on the training and go thru the course contents. When they finish the Course ware, the system will record analytic information including user feedback.

Integrated to GRACE

  • By integrating training with other modules from GRACE system, organizations can prove their compliance to regulations comprehensively.

The Great Value You Get from Using GRACE Training

Organized, Efficient Training across the organization at Low Cost

Manage Training Comprehensively and Effectively

Helps you build your training with customized content for your business and allow all your staff be trained to address the latest rules and regulations that pertain to their roles and responsibilities.

Management reports on-line

Web based access, anytime anywhere, means no need for reports to be generated in various departments for presentation to senior management. Effort, costs, and time can be saved.

Early awareness reduces non-compliance

By ensuring that all groups are trained well ahead of issues, the organization can avoid compliance violations and the costs associated with their mitigation

Regulatory examinations can be handled with confidence

GRACE becomes live proof of good risk management and compliance training practice in the organization and saves an enormous amount of money in data gathering and report creation process for regulatory audits and examinations.

Standardization in the Training Process

Standardization of course ware and individualization of the course material can be done easily to ensure that training is delivered at all levels that meets their individual group requirements

Organization Ownership of Data

Organizations suffer when key risk and compliance staff leaves. The information is scattered if maintained solely by individuals and are lying on disks in various forms. GRACE becomes the single central repository of documents, data and processes enabling continuity even when key people leave the organization

Customized Training for your particular business needs can be quickly deployed

Customization of your training to meet the business requirements can be done quickly to enable you to adapt to new regulations or business changes and deliver it to your team on a regular basis

Visibility and Transparency through Powerful Dashboard

Training status at a glance and monitoring to ensure all staff are trained from a single source of truth

Culture of Compliance gets institutionalized

With a business as usual process through the enterprise, a culture of managing education for the staff becomes institutionalized across the organization.

Establish Accountability

By making training a transparent process, accountability to ensure compliance can be established

Enormous Cost Savings

Enormous costs savings from not paying for outside training can be avoided and at the same time the effective, periodic training can be offered at low costs.

Avoid Excel Based Monitoring

Manage and keep track of people and their training processes in Excel sheets can be avoided

Latest News

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Annual Eversheds Sutherland Analysis of FINRA Disciplinary Actions Shows Huge Surge in Financial Sanctions

All information Quoted from the article https://us.eversheds-sutherland.com/NewsCommentary/Press-Releases/249220/Annual-Eversheds-Sutherland-Analysis-of-FINRA-Disciplinary-Actions-Shows-Huge-Surge-in-Financial-Sanctions?utm_source=vuture&utm_medium=email&utm_campaign=vuture-emails March 8, 2022 Eversheds Sutherland has completed its annual study of the disciplinary actions reported...