EdCast LXP: Revolutionizing Talent Experience in Banking & Finance Industry
Talent Experience and Banking & Finance Industry
- We are witnessing a massive shift in the banking and finance sector. The industry has accelerated its digital transformation with the pandemic coming into the picture. Many banks are shifting from a centralized to a decentralized approach. Bitcoins are treated as a currency as well as a commodity.
- A whopping 43% of all working hours in banking activities will be automated as there is a massive shift from basic cognitive skills to socio-economic and technological ones.
- Meeting these skills will challenge the companies to step out of their comfort zones and rapidly reinvent their talent strategies at the most fundamental levels.
Significant Challenges Faced By The Industry
Drastic Change in Industry
From mobile banking to blockchain technology, finance is moving toward a more decentralized approach
High Customer Expectations
As people are becoming aware of finance, they expect to have a broad spectrum of banking services catered to their needs
High Cost for Talent
A role in Banking and Finance demands special expertise. To attract, develop and retain this talent comes with a lot of expense
How Does One Tackle These Challenges?
Identify, Evolve, Attain
- Coming to identification first; It is time to understand the gaps in your current learning ecosystem.
- The next step in the process is evolution. Have a comparative study of your contemporaries in the industry. This study will help you understand the industry trends and customer requirements better.
- Based on your analysis, the next step is to update your internal skill training and talent support systems to make them more advanced and in sync with the present-day requirements. In addition, L&D interventions have to evolve from being top-down & HR-centric to bottom-up and learner-centric.
- The strong foundations set earlier will help to attain the targeted goals easily.
Why Should You Choose EdCast To be Your Digital Transformation Partner?
EdCast offers a unified Talent Experience Platform delivering Learning Experience, Skilling Experience & Career Mobility capabilities to leading banking and finance companies across the world.
Our customers include multinational giants across the globe serving billions of consumers in forty-plus countries.
How Do We Do It
Well, there aren’t any complex permutation combination formulas. We follow a few simple approaches to transform the learning experience of our clients and make them future-ready. Here is what goes into doing it
- We provide Mobile First, Personalised learning to our clients
- Create a knowledge exchange network for the organization
- Emphasize learning in the workflow for ease of understanding
- Provide Content in the context of the solutions they are seeking
- Empowering learners by providing them with choices and control over the process
- Provide Real-Time analytics and Performance Support for seamless learning
“The EdCast platform has, indeed, been a transformational product encouraging higher adoption of learning through a great user experience.
These capabilities are precisely what enable learning to have an impact for the business at the individual and organizational level.”
Manisha Singh, Schneider Electric, Director HRSystems (Learning & Development Transformation)
EdCast has been the catalyst to enable the digital transformation and acceleration of personalized learning at Hewlett Packard Enterprise. EdCast’s solution has brought the power of search, content curation, access to
subject matter experts and social learning to life for our people around the world with recognized relevance and impact
Adrian Stevens HP EnterpriseVice President, Talent Management
The EdCast platform has, indeed, been a transformational product encouraging higher adoption of learning through a great user experience. These capabilities are precisely what enable learning to create an impact for
the business at the individual and organizational level.
Manisha Singh, Schneider ElectricGlobal Director Digital HR
"EdCast is a smart platform that allows building a culture of continuous learning by combining learning needs with member goals, interests and career aspirations. Learning is truly made easy with EdCast – a one-stop-shop for all learning across internal and external sources, including both company-sponsored and free content sources"
Marico
"Our partnership with EdCast has been about more than the delivery of world-class learning technology. Everyone is talking about Digital Transformation while EdCast is delivering it. The blueprint for successful organizational learning has evolved and, thanks to EdCast, so has our learning strategy for our multicultural and multigenerational workforce."
Multinational Telecom
Customers who Vouch For Us
“Our partnership with EdCast has been about more than the delivery of world-class learning technology. Everyone is talking about Digital Transformation while EdCast is delivering it. The blueprint for successful organizational learning has evolved and, thanks to EdCast, so has our learning strategy for our multicultural and multigenerational workforce.” ~ Multinational Telecom