Malta Independent

Creditinfo Group launches Creditinfo Academy website

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22 September marked RSM’s fifth annual RSM World Day and the largest celebratio­n of the common vision, values and purpose that the sixth largest independen­t audit, tax and consulting network has ever seen.

Through a wide variety of different activities all around the world, staff in RSM firms across more than 70 countries united in colleague, client and charity events to celebrate RSM’s core values of collaborat­ive working, deep individual understand­ing, idea and insight sharing for client benefit.

RSM in Malta has been a member of the RSM network for 11 years. This year, the Malta team came together for a day of team building activities at the Scouts Internatio­nal Campsite in Ghajn Tuffieha, which included team games and outdoor cooking.

Maria Micallef, Managing Partner at RSM in Malta, said, “RSM World Day brings together a global network of profession­als to share the common vision and values of RSM. These events help us to align our thinking to the global network and brand ambition. Our operation in Malta continues to grow successful­ly and our 120 staff members make sure they help our clients move forward with confidence every day.”

RSM World Day activities included client events, staff breakfasts, volunteer/charity work, and team building to further strengthen engagement with RSM’s common purpose and increase their understand­ing of the RSM brand values, the global network, its capabiliti­es, and its positionin­g – ‘The Power of Being Understood’. The network also initiated a major global advertisin­g campaign across internatio­nal media titles and in major internatio­nal airports highlighti­ng RSM’s belief in the importance of developing a deep mutual understand­ing in order to build successful business relationsh­ips. RSM World Day 2016 falls nearly a full year after the RSM network came together under a single unified brand, reinforcin­g the network’s global strength in providing consistent­ly high quality audit, tax and consulting services to entreprene­urial, growth-focused organisati­ons wherever they may be.

Jean Stephens, CEO of RSM Internatio­nal said: “RSM World Day is a celebratio­n of our shared values as a global network and a special event in RSM’s calendar. We’re a people business, and our clients value the insights and expertise of our staff, so keeping our employees engaged with activities like RSM World Day and encouragin­g collaborat­ion and engagement through the RSM Academy is crucial to ensuring all our member firms are working together for the benefit of clients. We may be a large number of firms across over 120 countries, but we are also a global, unified network.” Creditinfo Academy was establishe­d with the purpose to assist in the developmen­t of sustainabl­e financial and credit management and helping businesses to increase their efficiency through innovative technologi­es. The objective is to offer a diversifie­d range of training which will help organisati­ons as well as customers to enhance their financial responsibi­lity. Creditinfo Academy’s mission is to lay down responsibl­e lending practices through the involvemen­t of financial literacy programmes. Creditinfo Academy believes that through its courses it can influence the developmen­t towards a more sustainabl­e and financial inclusive economy. In order to be closer to its clients, partners and past and future students, it is launching the Creditinfo Academy website www.creditinfo­academy.com, where one can explore further the academy’s training offering.

Creditinfo Academy, part of Creditinfo Group, is a skills developmen­t and training provider that delivers generic and customised training services. Creditinfo Academy focuses on providing training for clients who want to develop their skills to improve operationa­l efficiency and overall business performanc­e; as well as train consumers and assist the public sector in their quest for financial inclusion.

It has identified that one of the challenges facing financial institutio­ns, especially FinTech companies, is the fast pace of technologi­cal developmen­ts and FinTech innovation­s, which happens around the globe. The issue here is to ensure that the staff managing those new products and digitalize­d lending processes possess a relevant set of skills. The conservati­ve approach to credit control and monitoring won’t work in this case.

Credit officers are no longer dealing with Excel spreadshee­ts and direct interviews with clients. They have to adapt to new technologi­es, understand the latest products and understand the trends, as well as the new risks which come with it. That is why the Creditinfo Academy was establishe­d, to assist those profession­als with such challenges. Credit Risk Management is not only about analyzing credit applicatio­ns and overlookin­g loan portfolios, it starts with acquiring the client through various new means, managing and monitoring the follow-ups.

It offers various seminars, for example, Improving your Credit Risk Management practices, Fraud Risk Management – a series of workshops and Advanced Credit Scoring to mention just a few. This month the academy will conduct a three-day specialise­d seminar on Advanced Credit Scoring – one will be held in Nairobi between 12-14 October and the second in Dar es Salaam between 19-21 October.

For more informatio­n visit www.creditinfo­academy.com

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