Kesdee announces e-Learning & Reference Solutions for Global Finance Professional

Enters strategic partnership with PRMIA
 
January 22, 2004: KESDEE Inc,USA, with its wholly owned Indian subsidiary Kesdee systems India Pvt Ltd. Bangalore, will now bring its world class e-Learning & Reference Solutions, to the Indian financial services industry. Kesdee specializes in developing interactive e-Learning programs for the global finance community. KESDEE has entered into a Strategic Partnership with Professional Risk Managers' International Association (PRMIA).
KESDEE Inc. currently has 30 Course Libraries with over 400 courses and 1500 hours of e-Learning - the most comprehensive e-Learning portal for the financial services industry. Kesdee's focus is on providing turnkey e-Learning & Reference solutions to the financial services industry.
Making this announcement at a press conference today, Dr. S.L. (Sam) Srinivasulu, President of Kesdee Inc. noted, "We are delighted to offer these e-Learning & Reference Solutions to Financial Services Industry in INDIA, and thereby be a catalyst for bringing Global Best Practices in Risk Management to Indian Financial Services Industry. The response we received so far has been very favourable. Our focus will be on providing turnkey e-Learning solutions to financial institutions".
In the last two decades, over 10,000 senior banking and financial professionals across 40 countries have benefited from Kesdee's specialized classroom training programs. The knowledge and experience from these programs has been leveraged to develop KESDEE's comprehensive suite of web-based learning solutions for key financial topics. The content in KESDEE's e-learning courses has been developed on the basis of over 500 instructor-led programs.
KESDEE's Development Team comprises of professionals with skills in content development, graphics design, technology and project management. Kesdee commenced its operations in India in 2000 with a talented 75-member team at the Development Center.
Kesdee-PRMIA partnership
The Professional Risk Managers' International Association (PRMIA) and KESDEE have formed a Strategic relationship to set the professional development standards for risk and finance practitioners around the world. Through the PRMIA web site, PRMIA's regional chapters, in-house and university-based training, PRMIA will be using the resources of KESDEE to provide top to bottom developmental courses for the employees of financial and non-financial institutions alike.
PRMIA now offers over 30 e-learning courses developed by KESDEE for PRMIA, and are offered through PRMIA's Private-label Learning Portal
PRMIA is developing governance and risk appreciation training for all employees using the resources of the KESDEE team
·KESDEE provides e-training for PRMIA's global-standard certification program for risk professionals - The Professional Risk Manager (PRM) designation
   
KESDEE provides PRMIA with the highly skilled team, both in terms of practical knowledge and technological development," said David R.Koenig, Chair of the PRMIA Board of Directors. "We are only at the beginning of the development of our global educational offerings to our members and we envision that KESDEE will remain a partner of ours throughout this development process." He also said " the Quality of the Products being offered was exceptional in terms of content, presentation, Job Aids and Performance Support Tools.
About PRMIA
PRMIA is the Professional Risk Managers' International Association. Founded in 2002, PRMIA currently has 43 chapters around the world, and over 10,000 members, representing over 3,000 organizations, in more than 125 countries. PRMIA is a tax-exempt, non-profit, member-led association of risk professionals dedicated to the advancement of the profession worldwide through the free exchange of ideas about risk management. More than 10,000 delegates attended PRMIA events around the world in 2003, making it both the risk industry's fastest-growing professional association and its most active. Visit www.prmia.org for more information.
About Dr. S.L. (Sam) Srinivasulu
A specialist consultant and trainer in Asset /Liability Management (ALM) and Risk Management for leading financial institutions worldwide, Dr. S.L. (Sam) Srinivasulu is the co-founder of KESDEE. For over 20 years, he has presented several in-house and public training programs- across the US, Canada, Europe, the Middle-East, Latin America, Australia and Asia. Recently, he successfully completed a five-year assignment with the Federal Reserve System to provide executive development programs to senior regulators, policy makers and examiners on different aspects of financial institutions management, including products; Risk Management and Best Practices. Many senior banking professionals in India from RBI, SBI, ICICI BANK, Indian Bank,Bank of Baroda, Bank of India, IDBI, Canara Bank, Central Bank of India and Allahabad bank have attended the instructor-led training programs conducted by Dr.S.L. (Sam) Srinivasulu.

About Kesdee
KESDEE embodies the themes of Knowledge Economy, Skills Development & E-Learning Excellence.
KESDEE Inc. was incorporated in 1996 at San Diego, CA, USA. The state-of-the-art Software Development Centre was started in 2000 at Bangalore, INDIA. KESDEE Inc. has so far developed 30 Course Libraries with over 400 courses and 1500 hours of e-Learning - the most comprehensive e-Learning portal for the financial services industry. KESDEE's focus is on providing turnkey e-Learning & Reference Solutions to the financial services industry. Kesdee's e-Learning & Reference solutions are used by hundreds of global banks and financial institutions.
 
Further information on Kesdee is available on www.kesdee.com