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The employees of the financial services need to be acquainted with constant transformations due to the dynamic nature of the banking sector.LXP for financial services brings together different functionalities on a single platform. Technological revolution and economic reforms demand employees in the financial industry consisting of public sector banks and private sector banks to be up to date with the changes. Financial services providers are also adopting robust learning and development solutions to keep their workforce updated with the latest developments.
LXP in financial services helps banks ensure continued learning, through quick and convenient creation and deployment of training modules.Every bank aims to have adequately trained bankers and personnel of high quality. Whether public sector banks or private sector banks, all financial services providers have to keep arranging training programs, seminars, and workshops from time to time that involves a lot of transportation and arrangement costs that make training a costly affair. This is where eLearning solutions prove to be the best, with LXP the most user-friendly platform to achieve outstanding results.
Looking at the ever-changing banking and financial environment scenario, the implementation of LMS for learning and development functions is imperative for financial services providers to achieve the desired goals for banking clients and customers.
Paradiso LXP is a customizable training platform that can be customized and integrated with financial apps and software as required by private sector or public sector banks. With a customizable LXP, you can have personalized learning plans and training solutions per your banking sector. Customize the platform for training solutions for quick onboarding, compliance training, training employees for new economic trends, and much more. In the case of bank mergers, the LXP for financial services can be used to train all employees in a unified manner.
As financial service providers, ensuring compliance in an environment of constant change in regulations is a challenge in all. Continuous training for developing knowledge and understanding of new regulations and changes makes employees more confident to deal with customers. With LXP, financial services providers can have training programs instantly to ensure robust compliance. Therefore, in case of policy changes, new mergers, new regulations, the LXP provides the ease to provide the necessary knowledge and support for compliance proving to become a great center for learning.
Having an online platform like LXP for financial services, it becomes easy to virtually connect, collaborate, learn and develop skills for employees. Employees engage and contribute to each other’s learning journey by making recommendations and suggestions. Social learning with an engaging platform that works towards achieving higher goals keeps employees’ enthusiasm at the peak boosting higher employee satisfaction.
Paradiso LXP platform has a feature to analyze employees’ skill gaps by evaluating their performance and learning over a while. With inputs from self and colleagues, reports, and analytics, the platform analyses the skill gap. It suggests content in the form of documents, videos, etc., for upskilling of the individual. As a result, employees can quickly upskill themselves and build better customer satisfaction by deciding learning paths.
Paradiso LXP ensures that the data and information related to regulatory changes and new technological revolution reaches the financial employees as well as ensure customer education quickly and easily. The online nature makes it easily reachable and reduces the costs involved with in-person training, doing away with the costs involved with physical space, logistics, and other arrangements. The reduced training costs and ease of workplace survey help have a continuous training process from time to time.
Paradiso LXP has a user-friendly interface that is easy to navigate for an uninterrupted learning experience. It is simple to learn and use the platform and use multiple apps and software with the 100+ integrations that are possible with the LXP platform. Quickly navigate with features like Single Sign-on for easy access for giving prompt services.
The financial learning content can be in different formats from texts, images, audio files, video, and VR. In addition, the content can be self-generated, third-party generated, or just finance-related content. An LXP organizes content to support personalized learning, and the users can arrange content as per their preferences.
Paradiso LXP for financial services supports social learning by providing employee engagement, interaction like gamification, and more. Employees socialize and learn together to build an immersive learning environment within the organization. Social collaboration tools like group discussions, webinars, discussion forums support a shared learning experience.
Paradiso LXP for the banking sector provides detailed analytics and reports concerning the learner’s learning path and inputs for deciding the further course of learning. The advanced reports help track the skill gaps and the upskilling that individuals require to perform their job roles to the best of their ability to achieve the business goals.
The platform provides 100+ integrations for easy access to data through a single platform. Features like SSO make it easy to move from one app to another within the system and have immersive learning. Also, organizations can integrate specific software and apps as required by the users and have targeted learning to achieve specific goals.
Paradiso LXP is designed to serve all sizes and forms of organizations and is the right fit for financial organizations. The LXP platform is the most user-centric and business-centric learning platform that uses artificial intelligence to fuel learning on the platform. Smart recommendations and well-defined learning paths and playlists make learning goal-oriented. Millions of users are using Paradiso LXP all over the world.