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focus:progress knowledge aids financial services professionals with maintaining industry knowledge and their professional status

Focus Solutions, the leading UK provider of multi-channel distribution software to the global financial services industry, is pleased to announce the double launch of the focus:progress 1.0.6 release combined with focus:progress knowledge, the new portal within focus:progress delivering up to 7,500 educational articles for financial services through a fresh, accessible and dynamic interface.

focus:progress is the Focus Training & Competency platform which provides financial service professionals with a quick and reliable way to complete, monitor and record their CPD.

Integrated with focus:progress, and soon to be available as a standalone product, focus:progress knowledge has been developed to increase usability and efficiency of the platform and enhance the user learning experience, whilst ensuring financial service professionals are benefiting from:

  • Easy access to a relevant and valuable knowledge source.
  • An effective tool to combat knowledge fade.
  • The ability to minimise risk of regulatory non-compliance.

Release 1.0.6 not only includes the focus:progress knowledge update and a new certificate option for proof of attendance and completion of training, it also recognises the change in the post-RDR business model of some firms (including networks and service organisations), where they have reviewed their ‘span of control’ ratios of adviser to supervisor. As a result, the business model has shifted from direct supervision to self-approval of items such as continuing professional development (CPD). focus:progress now provides the functionality to enable a firm to have the flexibility to choose their supervision levels within departments.

Commenting on the new feature in this latest release, Alison Young, product management and client engagement director at Focus said: “Now in a post-RDR environment, we are seeing an increase in firms taking advantage of the added value CPD can bring to their workforce, and with focus:progress and focus:progress knowledge, we are delivering a fast, accessible way for financial services professionals’ to maintain their industry awareness and expertise to stay ahead of the game. We have short, online demonstrations of focus:progress available for those wanting a taste of what it is and to see the new focus:progress knowledge functionality.”