About Us | News | Solutions | Frameworks | Partners | Support

    News:  Press Releases | In the News | Events | Awards | Newsletters | White Papers | Press Kit | Press Contacts

Agreement Reinforces WBT's Position in the Financial Services Marketplace

Dublin, Ireland - May 12th, 2004 - WBT Systems, a global leader in enterprise e-learning solutions, today announces a major partnership contract with Intuition, the leading provider of e-learning programmes and products to the corporate sector. Under the terms of the contract, Intuition will use WBT's solutions to power its new application service provider offering, enabling it to offer a more comprehensive end-to-end solution to customers. The deal brings together two world leading e-learning companies with complementary offerings; WBT's enterprise learning management and content delivery platform and Intuition's extensive content library and custom development skills. Both companies are leading providers to the financial services sector. The sector is seeking to leverage e-learning as banks and insurance companies try to cope with the on-going requirements of employee certification and training arising from increased regulation.

Intuition develops bespoke and off-the-shelf e-learning content for major financial institutions. With customers all over the world, it wanted a reliable, scalable, robust infrastructure which it could offer to its customers along with the Intuition programmes and content. WBT's focus as a total solutions provider for the sector has resulted in a number of significant wins for its enterprise solution including Credit Suisse, Alexander Forbes in South Africa, and more recently Barclays subsidiary, FirstPlus, in the UK.

In addition, WBT Systems is the only vendor to develop a suite of solutions specifically to meet the needs of regulated industries. The result is a suite of compliance products and services designed to lower costs, reduce risk and ensure compliance within industries such as Financial Services, Manufacturing and Life Sciences. Recently, WBT has been recognised as a leader in both the Gartner Group’s e-Learning Suite and LMS Magic Quadrant Reports for 2004.

"After an extensive evaluation of the solutions available, we were convinced that WBT’s solutions most closely met our requirements in terms of scalability and flexibility. Also, our complementary strengths in the financial sectors were a significant factor. Intuition can now offer a complete learning presence for our customers with rapid delivery of a proven solution", commented David Harrison, CEO, Intuition.

According to Declan Kelly, CEO WBT Systems, "We are delighted to be partnering with a world class content provider such as Intuition. Our solutions will now be leveraged by a high proportion of the leading global financial services institutions. This agreement consolidates our leadership position in the financial services market and is a further endorsement of our investments in extending our products and services to meet the needs of regulated industries".

About Intuition

Intuition was founded in 1985, one of the first large-scale CBT providers, supplying advanced professional-level computer-based training. It has grown to become the market leader in a number of key segments including financial services and healthcare education. All of Intuition's e-learning courses are provided over the web, via the Internet or corporate Intranets. Today it has four key activities; courseware, learning services, e-learning software and custom development.

Intuition has won numerous industry awards and accolades including EMMA, USDLA and Newsweek awards. It is certified for the ISO 9001:2000 standard. Intuition, along with the Royal College of Surgeons in Ireland and Harvard Medical School's HMI, is also a partner in the IntuMed (www.intumed.com) joint venture, formed in 2001 to deliver state-of-the-art surgical and medical training online. Intuition is headquartered in Dublin and London, with offices in New York, Hong Kong, Frankfurt, Zurich and Singapore.

About WBT Systems

WBT Systems is one of the leading providers of intelligent learning solutions across the globe. Its solutions help organisations to address the business issues that are imperative to success in an increasingly competitive world. Best of breed solutions include mitigating risk and reducing costs by implementing advanced, robust compliance tracking solutions and driving top-line performance through enabling sales and customer services channels. WBT's implementation experience spans a variety of industries, including financial services, healthcare, government, and pharmaceuticals in blue-chip companies such as AHIMA, Alexander Forbes, Allergan, Basler Insurance, Belgacom, Credit Suisse, Danish Confederation of Trade Unions, Diageo, Dow Chemical, Eurocontrol, Liberty Group, University of Chicago Hospitals, U.S. Department of Defense and Volvo CE. WBT Systems is recognised as a leader in both the e-Learning Suite and LMS Magic Quadrant Reports by the Gartner Group.

Established in 1995, WBT Systems is headquartered in Dublin, Ireland with offices in the US, Canada, UK, Germany and the Netherlands. For more information, see www.wbtsystems.com.

 Press Release Index