WBT expands into US financial services market

27 Aug 2003

Irish e-learning firm WBT Systems has expanded into the US financial services market with the appointment of a new senior regional director.

The company has appointed David Gibson as its new regional director for financial services in North America, where he will focus on business development and services and activities supporting the growth of WBT’s customer base in the US financial services industry. He will be responsible for establishing a New York office and staffing it with professional sales and services people. Gibson has held a number of senior business development roles in firms ranging from iXL to Andersen Consulting’s Performance Innovation Practice.

WBT Systems’ TopClass e-learning suite enables rapid deployment and delivery of knowledge across enterprises and boasts some two million users worldwide. WBT recently unveiled a new suite of products and services for the financial services sector with its Compliance Infrastructure Audit Readiness Assessment (CIARA) module which provides a high-level review of compliance systems and procedures in financial institutions and suggests ways to resolve exposure to risks.

Companies in the financial services sector that have already signed up for WBT’s products and services include Credit Suisse, Liberty Insurance Group, Dow Chemical and Basler Insurance.

“At a time when many e-Learning vendors are retrenching, we are very happy to be delivering on our strategic plan of geographic expansion. Our recent focus on the Financial Services market in Europe has been very successful and we believe that US institutions will be even more receptive to our targeted Financial Services solutions,” said Declan Kelly, CEO of WBT Systems.

By John Kennedy