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New York Community Bank Selects Edcomm to Deliver Korean Translation of Banking Compliance Training

(DEc 21, 2007)-- A New York Community Bank has selected Edcomm’s Banker’s Academy to deliver a Korean translation of comprehensive Banking Compliance training for its bank-wide training needs.

There is a growing need for Korean versions of training programs as a number of Korean companies have banks in the United States, including Kookmin Bank (KB), Shinhan Financial Group (SHG), Woori Financial Group (WF), Korea Development Bank and Hana Bank. The Community Bank also chose to implement Edcomm’s own LMS, Learning Link, for hosting and maintenance.

Focus on Compliance, from Edcomm’s Banker’s Academy, is a computer-based, distance learning program, which 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’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.

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