Press Releases - 2006
Intuition
announces world first in mobile learning via PDA
Financial services institution first to uses BlackBerry® for learning on the move
Dublin/London, 29th November 2006 – Intuition, the technology-enabled learning
expert, has announced the deployment of the world’s first fully trackable
mobile e-learning course for PDAs such as BlackBerry®. The course has been
developed for financial services institutions, and enables users’ progress
to be tracked and recorded automatically, making mandatory training easier
to deploy, more convenient and fully auditable.
Mobile learning has become popular with the financial services industry
in particular because of the growing need for employees to complete mandatory
training courses around new banking and trading regulations. Mobile learning
enables employees to make use of naturally occurring periods of ‘down time’
– such as the daily commute or business trips – for training purposes. Mandatory
training also has to be accessible to staff in the most convenient formats
possible to ensure uptake across the board, and trackable mobile learning
represents the latest advance in ‘anytime, anywhere’ training.
Financial services institutions are working with Intuition to launch training
delivered via BlackBerry® in response to growing business needs for remote
access to learning via existing and new converged devices. Intuition demonstrated
this new training technology at the recent Learning 2006 conference in Florida.
Using the ever increasing popularity of the PDA as a way of delivering training
is also an added benefit to companies that have already made the investment
in the technology for communications purposes.
Intuition’s mobile learning technology was developed to meet the needs of
the typical mobile user, who actually only uses their PDA for a short period
of time, but may access it between 30-40 times during the day. The mobile
device user typically also has quite a short attention span, so the content
needs to be targeted, specific and punchy in order to engage the user’s
interest. The targeted content can include information or specific courses
on product spotlights or updates, regulatory requirements, organisational
procedures and policies and case studies.
David Harrison, Chief Executive of Intuition, commented, “We are thrilled
to have pioneered this new development in mobile learning, which transforms
the PDA from being simply a communication device, into a vital tool for
learning. We are seeing demand for these sorts of courses rise considerably,
as companies are increasingly required to produce records of staff learning.
Therefore, the ability to update individuals’ progress directly to their
learning management system is hugely beneficial. We believe this method
of trackable mobile learning will become an integral part of organisations’
training programmes in the very near future.”
About Intuition
Intuition is recognised as a leading professional education provider to
the financial markets and public sector communities. By combining an intimate
knowledge of these sectors with in-depth educational expertise, Intuition
provides a full spectrum of products, services and technologies to support
customers’ learning requirements. Using this approach, Intuition has successfully
developed innovative online training programs for healthcare staff involved
in decontamination and infection control as well as delivered education
programs that cover Interest Rate Derivatives, Credit Derivatives, Equity-Linked
Securities, Equity Structured Products, Exotic Options, Interest Rate &
FX Structured Products and Pricing Derivatives.
Intuition is headquartered in Dublin and London and has offices in New York,
Hong Kong, Frankfurt, Zurich and Singapore. For more information, visit
http://www.intuition.com.
Blackberry is a registered trademark of Research in Motion Limited.
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Press Contacts
Claire Gibson / Joe Banks
Johnson King PR
Tel. 020 7357 7799
E-mail: Intuitionteam@johnsonking.co.uk
Intuition's e-learning courses are released on Defence Learning Portal
London, 21 November 2006 – Intuition,
a leading provider of technology-enabled learning services, today announced
that three of its courses developed for the UK Ministry of Defence (MoD)
are to be released on the Ministry's Defence Learning Portal, which provides
secure and flexible access by all MoD personnel to a comprehensive catalogue
of training materials.
The Defence Learning Portal (DLP) is designed to provide fast, efficient
and cost-effective learning. It is used to deliver new distributed e-learning
courses for MoD to meet its online learning needs.
Intuition's e-learning courses developed for the MoD are as follows:
Computer Network Defence - covers the importance of information
security and the various types of attack to which MoD's Computer Information
Systems are vulnerable. It also covers the different alert, defence, and
protective measures used within MoD to provide the highest possible level
of protection to MoD information systems
Defence Document Handling Security - covers all aspects
in relation to handling of protectively marked information within MoD
Basic IT Security - designed to highlight the importance
of information security, the principal protective measures used within MoD,
guidelines for ensuring information security, and the associated legal responsibilities.
Each of the courses employs innovative technological approaches in their
design and development to ensure the optimum transfer of knowledge. In addition,
the courses are SCORM 1.2 conformant enabling their integration with the
DLP.
Colonel David Wilson, of the Defence Centre of Training Support (DCTS) at
RAF Halton, said "The DLP is designed to impact on everyone who works
in Defence. It offers a progressive approach to learning as well as complimenting
traditional classroom based teaching. The availability of these courses
on the DLP provides a door for thousands of geographically dispersed learners
to access high quality learning in a stimulating environment."
Brian O'Malley, General Manager Public Sector & Health at Intuition
said "We are proud to be a content provider to the MoD and one which
supports the Ministry's aim to raise the awareness and profile of e-learning
as a strategic initiative. We share the MoD's belief that e-learning and
the DLP will add considerably to the effectiveness of the learning experience
and ultimately increase the efficiency of the defence forces."
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About the Defence Learning Portal
The Defence Learning Portal (DLP) is a collection of services designed to
provide fast, efficient and cost-effective learning. It is used to deliver
new distributed e-learning courses for the Ministry of Defence to meet its
online learning needs. It incorporates learning management information and
the ability to store, manage and develop re-usable e-learning content, reducing
the cost of e-learning development. The DLP is a 10-year £40 million plus
programme designed to bring e-learning services to every area of the MoD.
It will become available to everyone in the MoD, both military and civilian,
with a potential user base of 300,000 personnel by 2010.
About Intuition
Intuition is recognised as a leading professional education provider to
the financial markets and public sector communities. By combining an intimate
knowledge of these sectors with in-depth educational expertise, Intuition
provides a full spectrum of products and services to support customers'
learning requirements. Using this approach, Intuition has successfully developed
innovative online training programs for healthcare staff involved in decontamination
and infection control as well as delivered education programs that cover
Interest Rate Derivatives, Credit Derivatives, Equity-Linked Securities,
Equity Structured Products, Exotic Options, Interest Rate & FX Structured
Products and Pricing Derivatives.
Intuition is headquartered in Dublin and London and has offices in New York,
Hong Kong, Frankfurt, Zurich and Singapore. For more information, visit
http://www.intuition.com.
Press Contacts:
Claire Gibson / Joe Banks
Johnson King
020 7357 7799
Intuitionteam@johnsonking.co.uk
Intuition
and the NHS register over 12,000 users on training programme to combat Healthcare
Associated Infections (HAIs)
London, October 2006: Intuition
– an expert in technology-enabled learning - and the NHS have announced
that over 12,000 users have registered for its online training programme
to combat Healthcare Associated Infections (HAIs). The programme was lauded
at its launch in October 2005 as one of the UK ’s most ambitious education
projects, and has since become a standard training package. It is available
free of charge to all NHS staff, from the NHS e-learning website, at www.infectioncontrol.nhs.uk
The programme is unlike any previous NHS training package in that it is
designed to be relevant to all levels of staff within the organisation –
from cleaners and receptionists to nurses and doctors, managers and chief
executives – and with two versions of the programme available tailored to
suit clinical and non-clinical staff. It was developed on behalf of the
NHS at Thames Valley University ’s Richard Wells Research Centre, in conjunction
with Intuition. The NHS Core Learning Unit (CLU) – sponsor of the programme
– has commented that numbers registered on the infection control programme
are running significantly ahead of projections.
All new and current members of NHS staff are required to receive training
in infection prevention. With good practice and careful hygiene it has been
estimated that around 15-30% of HAIs – such as the so-called ‘superbug’,
MRSA – could be avoided. The three-part programme covers all key aspects
of infection prevention and staff can access individual modules in their
own time and track their progress online. Remote access to the programme
from home or non-work locations gives users much greater flexibility to
complete the course than before, and in turn increases further uptake as
training is made more lifestyle-friendly.
“Numbers registering on the infection control programme have far exceeded
expectations,” says June Lancaster, Head of Learning Programmes at the NHS
CLU. “Twelve thousand users is well ahead of projections, but it is also
just the beginning in terms of the potential impact of this programme. We
expect that this resource will be applicable widely across the healthcare
sector. So far a high proportion of registered users are from a nursing
background, which is very positive – but there’s also a big push to increase
the uptake of the programme for non-clinical staff, initially through engaging
with estates and facilities managers.”
Last month the Core Learning Unit and Intuition piloted a solution with
Devon PCT to tackle the problems of accessibility to IT hardware and poor
computer literacy by use of tablet PCs. The HAI programme is available on
A4-sized tablet PCs running offline, meaning that it is truly accessible
at any place and at any time. Tablet PCs help the programme reach the widest
possible audience and offer a state-of-the-art e-learning experience, which
is cost effective, easy to use and highly intuitive. A digitised pen removes
the need for any pre-existing keyboard skills and offers a user-friendly
platform from which to learn.
Intuition also runs the hugely successful NHS Online Decontamination Programme,
which was launched in 2004 to Acute Trusts around England and Northern Ireland
. Earlier in 2005, the Department of Health launched ‘Saving Lives’ - a
delivery programme to reduce Healthcare Associated Infections including
MRSA - to ensure that staff recognise how they can contribute to reducing
infection and adopt best practice. Intuition’s education programme is part
of the Saving Lives campaign and is the first of its kind to address the
needs of all staff.
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About NHS
Core Learning Unit
Established to promote, support and maximise the value from NHS owned training
and development activities considered central to productive development
and functioning of the NHS workforce. The unit also has a role in facilitating
the integration of workplace learning into business processes. Programmes
are aimed at all staff, forming the basis of a core curriculum for the NHS,
consisting of learning that is crucial to the delivery of safe services
for patients and a safe environment in which to work. Statutory and Mandatory
programmes, infection control and customer care.
A robust Quality Assurance process ensures that programmes are fit for purpose,
developed by expert reference groups from the service and education, reviewed
on a 6 monthly basis by those groups ensuring that the programmes are policy
responsive and fit for purpose.
Consistent and transferable learning is available to the NHS through the
unit, programmes are endorsed by national bodies where appropriate and are
accredited and mapped to the KSF, HCC and Risk management standards.
Press Contacts
Claire Gibson / Joe Banks
Johnson King PR
020 7357 7799
Intuitionteam@johnsonking.co.uk
Intuition
drives demand for e-learning in the Financial Services sector
Partnership
with Training the Street sets the standard for financial markets training
London , July 2006
– Intuition, the leading provider of financial markets training, has announced
a further content update of its award-winning financial markets e-learning
library
( http://www.intuitionknowhow.com ), in line with its ongoing commitment
to deliver training suited to its clients’ evolving needs and to maintain
its market leading position. Intuition has a 20-year history of investing
in and supplying financial markets training to the financial and banking
markets. In 2005, the company added over 100 hours of new and updated content.
The new updates scheduled for 2006 build on this impressive growth and includes
the following content for revision and expansion: Commodities, Corporate
Finance, Trade Processing, Equities Market Economics, Financial Math, Risk
Management and Financial Options.
As part of this drive, Intuition has also announced a partnership with Training
the Street, a US financial training company, to expand its offering of Corporate
Finance courses. The new Corporate Valuation course broadens Intuition’s
extensive markets library and will focus on primary corporate valuation
methodologies that every corporate finance professionals require.
Intuition is the fastest growing learning services company offering not
just e-learning but integrated training solutions including basic and advanced
courses, graduate and post-graduate programmes, consultancy and skills gap
and educational change management analysis and implementation. Technology
has been a key enabler for their business in delivering up-to-date, organisation-wide
training.
David Harrison, Chief Executive of Intuition commented, “This new release
of Intuition Know-How demonstrates our continual investment in e-learning
materials targeted at the financial markets community, and our commitment
to deliver the highest quality courses in this sector. Furthermore, the
relationship with Training the Street expands our existing financial markets
library, ensuring that our extensive range of products and services continues
to meet our clients’ needs.”
The latest release of Intuition Know-How includes a new course on Trade
Processing and new tutorials on Discount Cash Flow, Merger Consequences
Analysis, High-Yield Debt, Equity Derivatives and Prime Brokerage. The full
list of new content is as follows:
New Tutorials:
Trade Processing - An Introduction
Trade Processing - Fixed Income
Trade Processing - Equities
Trade Processing - Foreign Exchange
Trade Processing - Options
Trade Processing - Futures
Trade Processing - OTC Derivative Products
Trade Processing - Risks & Risk Managemen
Corporate Valuation - Discounted Cash Flow (DCF) Analysis
Corporate Valuation - Merger Consequences Analysis
Swaps - Applications for Corporates
Swaps - Applications for Institutional Investors
High-Yield Debt
Credit Derivatives - CDS Indexes
Equity Derivatives - Types
Prime Brokerage
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Press contacts
Claire Gibson or Joe Banks, Johnson King PR
Tel: +44 (0)20 7357 7799
E-mail: IntuitionTeam@johnsonking.co.uk
Intuition & Training the Street deliver
corporate valuation training to finance professionals.
Interactive and practical courses reinforce a joint philosophy of ‘learning
by doing’
July 2006 - Intuition,
the leading provider of professional training services, has partnered with
the US financial training company, Training the Street, to expand their
offering of financial markets e-learning courses. The new courses will focus
on corporate valuation and will be available to finance professionals from
the second quarter 2006.
The courses bring together Training the Street’s market expertise and Intuition’s
award-winning design methodology to form interactive and practical courses
to be delivered online, providing learners with instant access, via the
Internet, to actual valuation analyses employed by Wall Street professionals.
The new courses broaden Intuition’s extensive markets library and will give
clients access to financial markets courses that address professional know-how
requirements.
Commenting on the partnership, David Harrison, Chief Executive, Intuition
said: “This partnership is part of our continual investment in e-learning
materials targeted at the financial sector. The relationship with Training
the Street enables us to expand our existing financial markets library to
ensure that our extensive range of products and services meet our clients’
needs.”
Scott Rostan, Training the Street added, “These online courses will further
strengthen Training the Street’s live instruction programs as they have
been designed to focus on fundamental concepts and definitions. We will
be able to use them as pre-work study to ensure that trainees start from
a more level playing field with a stronger foundation, allowing the live
classroom training to be a more efficient and engaging learning experience.”
About Training the Street, Inc.
Training the Street, Inc. provides live instruction in financial modeling
and valuation training for finance professionals. Training the Street instruction
demonstrates real-world applications of finance theory with practical examples
and hands-on exercises. Training the Street employs the actual valuation
analyses and financial modeling methodologies employed by Wall Street professionals.
The material is constantly updated and expanded to offer the most current
and comprehensive learning experience. For more information visit http://www.trainingthestreet.com
About Intuition
Intuition is recognized as a leading professional education provider to
the financial markets community. By combining an intimate knowledge of regulations
with educational expertise, Intuition provides a full spectrum of products
and services to support customer learning requirements. Using this approach,
Intuition has successfully delivered education programs that cover Interest
Rate Derivatives, Credit Derivatives, Equity-Linked Securities, Equity Structured
Products, Exotic Options, Interest Rate & FX Structured Products and
Pricing Derivatives.
Intuition is headquartered in Dublin and London and has offices in New York
, Hong Kong, Frankfurt, urich and Singapore . For more information, visit
http://www.intuition.com
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Press contacts
Claire Gibson or Joe Banks, Johnson King PR
Tel: +44 (0)20 7357 7799
E-mail: IntuitionTeam@johnsonking.co.uk
Scott Rostan
Training The Street, Inc.
Tel:
(800) 887-1320
E-mail: scott.rostan@trainingthestreet.com
Intuition identifies
that compliance training is a key issue for UK financial services institutions
Staff need more training in areas such as money laundering
- 80% of FSIs are
increasing compliance training in 2006
- 60% view money laundering as a significant training issue
- 53% of FSIs claim full compliance readiness for MiFID
A survey (1) commissioned by Intuition, the leading provider of technology-enabled
learning for financial enterprises, and conducted by Datamonitor, has shown
that 80% of the UK's major financial services institutions (FSIs) intend
to increase investment in compliance-focused training this year, as a response
to both the growth in compliance technology deployments and persistent concerns
over issues such as money laundering. Datamonitor surveyed senior executives
responsible for compliance at 15 of the UK's top 20 FSIs.
The survey clearly demonstrates a growing realisation among FSIs that the
implementation of compliance policies and procedures needs to be backed
up with comprehensive training across the entire organisation. This was
highlighted by a growing need for better knowledge among FSI staff of money
laundering practices, including how to identify potentially illegal transactions.
With governments wanting to clamp down on both terrorist funding and international
financial crime, FSIs are under increased pressure in this area - 60% anticipated
that money laundering will be a significant compliance training issue for
2006.
However, training needs were not just restricted to professionals - with
regulations such as Basel II and Sarbanes Oxley making board level executives
directly responsible for their organisations' state of compliance, 33% of
the FSIs surveyed said that they needed to carry out more training of senior
management in areas such as risk management and corporate accountability.
Another interesting finding of the survey was in terms of readiness for
MiFID, which is due to come into force in November 2007. 53% of FSIs said
that they were already fully prepared and compliant with MiFID, with a further
33% stating that they were nearing compliance readiness, despite the fact
that some of the finer details of MiFID are still to be finalised.
The survey also revealed that 100% of the companies intended to increase
spending on compliance technology, and that over 70% of respondents were
planning to increase investment in compliance processes. Additionally, over
50% of the companies surveyed intended to spend more on compliance strategy.
"FSIs have been hit by a wave of regulations over the past few years,
which has strengthened the requirement for staff to adopt and learn new
procedures in order for their organisations to be compliant," said
David Harrison, CEO of Intuition.
"As such, good training is clearly at the very heart of compliance,
particularly as FSIs are subject to substantial penalties if staff are not
following the correct processes. Our survey clearly shows that FSIs understand
this and are proactively doing something about it."
"However, it is important that training is carried out in a way that
fits around learners' existing work commitments. It is also vital that the
training is itself effective, and that it can be shown to have been received
and understood. As such, e-learning is an excellent way of conducting compliance
training, as it offers both the flexibility of online access and provides
a demonstrable record of the courses that learners have successfully completed."
(1) 'Compliance training initiatives' - conducted on behalf of Intuition
by Datamonitor, January 2006
About Intuition
Intuition is recognised as a leading professional eduction provider to the
financial markets community. By combining an intimate knowledge of regulations
with educational expertise, Intuition provides a full spectrum of products
and services to support customer learning requirements. Using this approach
Intuition has successfully delivered education programmes that cover compliance
areas such as Financial Crime, Money Laundering and Basel II capital adequacy
guidelines, as well as other financial areas such as Interest Rate Derivatives,
Credit Derivatives, Equity-Linked Securities, Equity Structured Products,
Exotic Options, Interest Rate & FX Structured Products and Pricing Derivatives.
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Press contacts
Laura Cooper or Joe Banks, Johnson King PR
Tel: +44 (0)20 7357 7799
E-mail: IntuitionTeam@johnsonking.co.uk
Intuition addresses growing demand
for financial markets education in Asia Pacific
Singapore, 6th February
2006 – Intuition, the leading provider of financial markets education, has
expanded its Asian operations with the opening of an office in Singapore.
In doing so, Intuition recognizes the major role Singapore holds as an international
center for the financial markets sector, and it also underlines Intuition’s
expanding commitment to Asia and the Pacific Rim.
Brendan Thompson will be heading up the Singapore office, located at 105
Cecil Street, #06-01 The Octagon. Brendan has a BSc honors degree in Education
and has worked in the e-learning and training industry for over 20-years.
At Intuition, Brendan will be responsible for building client relationships
within Asia.
“The office will provide a key local point of contact, enabling us to enhance
our business relationship with existing and future Singapore clients,” says
Simon Banks, VP of Sales - Financial Markets. “I anticipate great success
in working with our existing partners and customers as well as helping new
organizations realize the benefits of implementing a complete education
solution.”
Intuition provides education programs for market practitioners by combing
a variety of learning mediums including live classroom workshops, assessments,
e-learning, Q&A sessions and collaborative support. Using this approach
Intuition has successfully delivered education programs that cover, areas
such as Interest Rate Derivatives, Credit Derivatives, Equity-Linked Securities,
Equity Structured Products, Exotic Options, Interest Rate & FX Structured
Products and Pricing Derivatives.
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For more information
contact:
Brendan Thompson
Tel: +65 6827 9644
Fax: +65 6827 9601
Email: asiainfo@intuition.com
Nicole Boys
Tel: +44 20 7337 3450
Fax: +44 20 7337 3451
Back to News
Online Decontamination Training
Programme rolls out to Irish decontamination service providers
Dublin, 24 January
2006 – Intuition, the leading professional education services company, today
announced the release of its online Decontamination Training Programme to
public and private decontamination service providers in Ireland.
The training programme was developed by Intuition and a team of UK and Irish
experts in the area of Decontamination for the NHS in partnership with the
UK’s Department of Health, Estates and Facilities. The development team
included representatives from the Irish Association of Sterile Services
Managers and the Moyne Institute of Preventive Medicine at Trinity College.
The programme is delivered completely online using Intuition’s learning
management system, which provides learners with access to valuable resources,
featuring up-to-date knowledge, guidance and decontamination best practice.
The programme content can be used as a reference and refresher tool for
existing staff or as an induction tool for new staff.
The Irish Association of Sterile Services Managers (IASSM) has offered its
support for the programme. Oonagh Ryan, Chairperson of the IASSM, commented:
“The IASSM welcomes Intuition’s decontamination training programme as an
accessible training tool for all those involved in cleaning, disinfection
and sterilisation of all medical devices and as an important addition in
the continued fight against healthcare associated infections. The programme
will help staff involved in decontamination in hospitals and clinics in
Ireland to understand why we do the things we do."
Programme Content
The programme consists of two sets of thirteen tutorials, each of which
takes approximately one hour to complete.
• Decontamination Practice – aimed at staff directly involved in the decontamination
of instruments
• Decontamination Principles – aimed at staff who are not directly involved
in the decontamination of instruments, but who require an appreciation of
the Decontamination lifecycle (for example, Infection Control personnel,
Theatre Staff, Engineers, Porters)
Programme Design & Topics
Each tutorial features a mix of graphics and interactivity, based on simulations,
questions and exercises, making learning enjoyable and providing for high
levels of knowledge retention. A searchable glossary of terms attached to
the tutorials also forms part of the programme .
The tutorials cover a wide range of topics throughout the decontamination
life cycle, including:
• Cleaning and disinfection principles
• Inspection, assembly and packaging of medical devices
• Sterilisation
• Flexible endoscope processing
The programme, which has been available in NHS Acute Trusts since December
2004, has to date approximately 3,500 people registered, undertaking over
12,000 hours of learning.
A 12-month subscription on an individual or organisational basis is available
from €360 per licence.
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For further information please
contact:
Séamus Coogan
Tel: +353 1 6054300
E-mail: scoogan@intuition.com
