An innovator in developing learning solutions for banks, BankersLab won the gold award for best game or simulation at the annual competition sponsored by the LearnX Foundation. The prize-winning solution was CreditLab, a training resource that helps players in a corporate classroom setting test their credit risk management and lending skills.
Michelle Katics, BankersLab CEO and founder said, “Our goal was to create a 21st century teaching tool for retail bankers that want to improve their skills in a profound way.”
BankersLab specializes in leveraging simulation technology and gamification to make it easier for financial professionals to learn and perfect their craft. The company’s solutions, ScoringLab, CollectionLab, and CreditLab, feature simulation gaming software, training curricula, case studies and more. Risk managers and analysts, as well as collections, finance, portfolio, and operations managers in 25 countries have taken advantage of BankersLab’s training technology.
The non-profit LearnX Foundation was established to promote innovation in workplace learning and education. Regionally focused in the Asia Pacific, the organization will present BankersLab with its award at LearnX’s upcoming event in October in Melbourne, Australia.
Based in Castle Rock, Colorado, BankersLab is an international company with offices in Singapore, London, Dubai, Seoul and Cape Town, South Africa. The company demoed ScoringLab at FinovateAsia 2012. See the presentation here.