{"id":2198,"date":"2017-07-14T03:13:54","date_gmt":"2017-07-14T07:13:54","guid":{"rendered":"https:\/\/news.elearninginside.com\/?p=2198"},"modified":"2019-06-11T14:23:10","modified_gmt":"2019-06-11T18:23:10","slug":"swiftsmart-upgrades-expands-to-serve-burgeoning-user-base","status":"publish","type":"post","link":"https:\/\/news.elearninginside.com\/swiftsmart-upgrades-expands-to-serve-burgeoning-user-base\/","title":{"rendered":"SWIFTSmart Upgrades and Expands to Serve Burgeoning User Base"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">SWIFTSmart, the training platform for Belgium-based financial services company SWIFT, was first announced in April of 2016. Since then, the eLearning platform has greatly expanded its course catalog and capabilities. Its user base now includes 12,000 learners representing 4,000 financial institutions around the globe. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other companies are now looking to SWIFTSmart as a model of a successful cloud-based eLearning system that meets the diverse needs of international clients.<\/span><\/p>\n<h1><span style=\"font-weight: 400;\">Global Infrastructure Seeks Global Training Solution<\/span><\/h1>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-2201 alignleft\" src=\"https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior2-300x200.jpg\" alt=\"\" width=\"300\" height=\"200\" srcset=\"https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior2-300x200.jpg 300w, https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior2-223x148.jpg 223w, https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior2-360x241.jpg 360w, https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior2.jpg 500w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, began in 1973 when 239 banks came together to address the issue of communication about cross-border payments. Today, SWIFT is a global financial infrastructure that serves over 11,000 institutions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As an international leader in secure financial messaging services, SWIFT operates in 200 countries and territories around the world. SWIFT\u2019s products and services are designed to facilitate financial flow and support trade and commerce, both at the global and local levels.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Because SWIFT operates in such a diverse array of markets and has a clientele that includes some of the largest financial institutions in the world, it became imperative that the company provided highly accessible, adaptable training material to empower its customers.<\/span><\/p>\n<h1><span style=\"font-weight: 400;\">SWIFTSmart\u2019s Beginnings<\/span><\/h1>\n<p><span style=\"font-weight: 400;\">\u201ceLearning is about getting the most qualitative and accurate learning material in the hands of our community, in an attractive and interactive way,\u201d said Dana Brants, SWIFT\u2019s Head of Services Marketing. \u201cSWIFTSmart delivers that experience and offers a highly flexible, qualitative and personalized eLearning experience for all of our customers, whether they are in the office or working remotely in different countries.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the initial press release announcing SWIFTSmart\u2019s launch, <\/span><a href=\"https:\/\/www.swift.com\/insights\/press-releases\/swift-gets-swiftsmart-with-new-elearning-platform\"><span style=\"font-weight: 400;\">SWIFTSmart was designed<\/span><\/a><span style=\"font-weight: 400;\"> to provide a number of key benefits to its clients. These benefits include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Reduced operational risk, increased staff productivity, and fewer support calls;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Faster on-boarding of new members and employees;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Better tracking of training effectiveness and more comprehensive learning analytics;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Better time-to-market and more appropriate training content;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Lower and more predictable cost of training;<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Progressive learning experience and efficiency; and<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Minimized disruption of day-to-day business due to 24\/7 availability.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">SWIFTSmart found early supporters among key SWIFT clients. When the platform first launched in 2016, Paul Chammas, Head of Group Operations Division at Byblos Bank, expressed the value of an eLearning program for a major financial institution.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWith varying degrees of SWIFT expertise within our institution, the modular approach to SWIFTSmart is a great asset,\u201d Chammas said. \u00a0\u201cWhether our staff members need an introduction to SWIFT or advanced instructions about SWIFT\u2019s products and services, SWIFTSmart provides the digital expertise and the community forum necessary to expand the team\u2019s business knowledge.\u201d<\/span><\/p>\n<h1><span style=\"font-weight: 400;\">The Evolution of SWIFTSmart<\/span><\/h1>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-2199 size-medium\" src=\"https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior-e1499848623626-300x125.jpg\" alt=\"\" width=\"300\" height=\"125\" srcset=\"https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior-e1499848623626-300x125.jpg 300w, https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior-e1499848623626-469x196.jpg 469w, https:\/\/news.elearninginside.com\/wp-content\/uploads\/2017\/07\/SWIFTSmart_interior-e1499848623626.jpg 496w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/>The evolution of SWIFTSmart, like the evolution of eLearning itself, shows no signs of slowing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Today, the SWIFTSmart catalog includes over 200 online courses, how-to videos, exercises, quizzes, and interactive games. The company is poised to launch 80 new modules in 2017, covering topics like cyber-security, ISO 20022 adoption, corporate actions, and real-time payments innovation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On June 29, 2017, the company announced that SWIFTSmart\u2019s rapidly expanding platform would now include content in 10 different languages, including English, German, French, Indonesian, Italian, Japanese, Portuguese, Russian, Spanish, and Chinese.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Other recent changes include an update to the platform itself. The updated version will allow for a customizable home page, user ratings on the available courses, the opportunity to influence additions to the course catalog, and a functionality for group discussions with colleagues, among other new social and interactive features.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The company has recognized that an effective, efficient eLearning platform is no longer an innovative possibility, but rather a necessity in today\u2019s corporate space. Brants expressed the importance of digital training capabilities in the modern world of finance: \u201cThe industry \u2013 and its accompanying workforce \u2013 is changing. Market participants want important information at their fingertips, and educational programs are no different.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cEmployees want to learn but at their own pace and at their convenience. Employers want their staff to learn but can\u2019t always support week-long training sessions, which are mostly held outside the office,\u201d Brants said. \u201cSWIFTSmart addresses these challenges by providing customers with the necessary flexibility and options to educate staff in key areas of the business. eLearning is not the future, it is what we do today.\u201d<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p> SWIFTSmart was first launched in April 2016. Today, the eLearning platform serves 12,000 learners in 4,000 financial institutions around the globe.<\/p>\n","protected":false},"author":26,"featured_media":2206,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-2198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SWIFTSmart Upgrades and Expands to Serve Burgeoning User Base - eLearningInside News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.elearninginside.com\/swiftsmart-upgrades-expands-to-serve-burgeoning-user-base\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SWIFTSmart Upgrades and Expands to Serve Burgeoning User Base - eLearningInside News\" \/>\n<meta property=\"og:description\" content=\"SWIFTSmart was first launched in April 2016. 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