Bank and trust officers strive to grow their client base while facing increasing competition and regulatory complexity. They need to continually find ways to enhance their productivity, demonstrate detailed knowledge of a growing array of financial products, and manage more complex client relationships. As bank trust professionals seek to expand their expertise and communicate effectively with clients, Web-delivered, subscription-based learning management systems such as SunGardâs Wealth Management University are gaining traction in the industry to offer audience-appropriate curricula aligned to the organizationâs business model.
SunGardâs Wealth Management University provides financial services companies with an educational and professional development program for training employees. Itoffers users the ability to earn continuing education credits for their professional designations, and delivers product training on SunGardâs wealth management solutions. The addition of ABAâs Professional Development content helps to expand Wealth Management Universityâs bank trust curriculum by including multi-level courses on estate planning, investment management, trust administration, fiduciary law and income tax, discretionary distributions, managing trust accounts, financial planning, and life insurance and annuities from one trusted industry source.
Melissa Cullen, executive vice president of SunGardâs wealth managementbusiness, said, âWealth managers are looking for more efficient and cost-effective ways to deliver and manage the education and certification process for their staff. With ABAâs courses provided online through Wealth Management University, customers will be able to gain the flexibility and convenience they need to help ensure their staff are equipped to serve their investors and remain in full compliance with new regulations.â