How they describe themselves: Airline pilots train in flight simulators, known to be one of the most effective training methods. After the financial crisis, isn’t it about time we ensure our bank risk managers also have access to the best training methods? We hope to have a broad impact which “moves the needle” of the skill sets and strength of bankers globally. We have a suite of products to roll out covering the spectrum of the retail banking skill sets, starting with CreditLab for credit risk management. In the future, bankers will be able to certify their skill sets through successful completion of the most difficult levels of simulation games.
How they describe their product/innovation: CreditLab is simulation gaming for retail bank risk managers. The launch Web App product supports team competition in a facilitated learning environment and when offered as an institutional license, future versions will support multiplayer online competition and individual seat license. Is it e-learning? Thankfully, no. Is it angry birds for bankers? Regrettably, no. It is engaging, but designed to reinforce important skills and technical concepts. That’s right – flight simulators for bankers! CreditLab focuses on credit risk management skills, pitting teams against each other to make tough choices and tradeoffs with their portfolios.
Bus. Dev. & Press: Michelle Katics, CEO, firstname.lastname@example.org
Sales: David Anderson, North America Sales, email@example.com, 302-743-7359
International: Rod Jahner, VP Business Development, firstname.lastname@example.org, 919-435-7580