December 31, 2004:
KESDEE Inc, USA has entered into a strategic partnership with ICRA Management Consulting Services (IMaCS), for distribution of KESDEE's e-learning solutions for the banking and financial sector, with a focus on countries in South-east Asia, Middle East, Eastern Europe and Africa. IMaCS is the management consulting division of ICRA, a leading rating and consulting firm based in India. KESDEE Inc., specializes in developing interactive e-Learning programs for the global financial community and offers technology solutions such as the Learning Management System.
Expressing his enthusiasm about the partnership, S.L (Sam) Srinivasulu, Ph D, President, KESDEE Inc. said, "Top managements of financial institutions should view Risk Management not as a regulatory burden but as a catalyst for value creation. This strategic partnership will accelerate the process of introducing Global Best Practices in Risk Management."
KESDEE Inc. currently has 500 courses organized into 40 Course Libraries spanning about 1500 hours of e-Learning - and is the most comprehensive e-Learning portal for the financial services industry. KESDEE's e-learning & reference solutions focus on topics such as:
1. ALM,Liquidity Management, Foreign Exchange Management, Interest Rate Risk management, Market Risk Management
2. Credit Analysis, Credit Derivatives, Credit Ratings, Credit Risk Modeling
3. Basel II Accord, Capital Adequacy Planning
4. Operational Risk Management
5. Futures & Forwards, Options, Swaps
6. Asset Securitization
7. Corporate Governance
8. Equity Markets, Fixed Income Markets
9. Financial Accounting, Financial Mathematics, Budgeting
10. Anti Money Laundering
IMaCS provides consulting services to banks and financial institutions in implementation of good practices in Risk Management (Credit risk, Market risk, Operational Risk and Risk Based Internal Audit). IMaCS also provides software solutions for implementing best practices in risk management. The IMaCS and KESDEE alliance is a step towards offering a knowledge distribution platform and will help Financial Institutions in implementation of risk management systems including the Basel II accord.