KESDEE enters into a strategic partnership with IMaCS
KESDEE Inc, USA has entered into a strategic partnership with ICRA Management Consulting Services (IMaCS), for distribution of KESDEE’s e-learning solutions for the banking and financial sector, with a focus on countries in South-east Asia, Middle East, Eastern Europe and Africa.
PR9.NET December 31, 2004 - IMaCS is the management consulting division of ICRA, a leading rating and consulting firm based in India. KESDEE Inc., which has a wholly owned Indian subsidiary, KESDEE Systems India Pvt. Ltd. at Bangalore, specializes in developing interactive e-Learning programs for the global financial community and offers technology solutions such as the Learning Management System.
Expressing his enthusiasm about the partnership, S.L (Sam) Srinivasulu, Ph D, President, KESDEE Inc. said, "Top managements of financial institutions should view Risk Management not as a regulatory burden but as a catalyst for value creation. This strategic partnership will accelerate the process of introducing Global Best Practices in Risk Management."
KESDEE Inc. currently has 500 courses organized into 40 Course Libraries spanning about 1500 hours of e-Learning – and is the most comprehensive e-Learning portal for the financial services industry. KESDEE's e-learning & reference solutions focus on topics such as:
1.ALM,Liquidity Management, Foreign Exchange Management, Interest Rate Risk management, Market Risk Management
2.Credit Analysis, Credit Derivatives, Credit Ratings, Credit Risk Modeling
3.Basel II Accord, Capital Adequacy Planning
4.Operational Risk Management
5.Futures & Forwards, Options, Swaps
8.Equity Markets, Fixed Income Markets
9.Financial Accounting, Financial Mathematics, Budgeting
10.Anti Money Laundering
IMaCS provides consulting services to banks and financial institutions in implementation of good practices in Risk Management (Credit risk, Market risk, Operational Risk and Risk Based Internal Audit). IMaCS also provides software solutions for implementing best practices in risk management. The IMaCS and KESDEE alliance is a step towards offering a knowledge distribution platform and will help Financial Institutions in implementation of risk management systems including the Basel II accord.
ICRA Limited (formerly Investment Information and Credit Agency of India Limited) was set up in 1991 by leading Indian financial / investment institutions, commercial banks and financial services companies as an independent and professional investment information and credit rating agency. In 1999, Moody's Investors Service, USA, took an equity stake in ICRA through its subsidiary, Moody's Investment Company India (Private) Limited, and is currently the single largest shareholder of ICRA. At present, ICRA has four independent, operating divisions, viz., Rating Services, Consulting Services, Information Services, and BPO Services. IMaCS, the consulting division of ICRA, has completed nearly 500 consulting assignments in India and other countries such as the UK, China, Thailand, South Africa, Ghana, Seychelles, Sri Lanka, Bangladesh, UAE, Argentina, Brazil, Chile, Singapore, Indonesia, Malaysia, and Philippines. Besides working for banks & financial institutions, corporate clients, governments, regulatory authorities, IMaCS also works for multi-lateral institutions such as the World Bank, the Asian Development Bank, Department for International Development (DFID), IFC, and the African Development Bank.
More information on ICRA and IMaCS is available at www.icraindia.com and www.imacsindia.com
About Dr. S.L. (Sam) Srinivasulu, President, KESDEE Inc.:
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, Australia and Asia. Recently, he successfully completed a five-year assignment with the U.S. 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.
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About KESDEE Inc.
KESDEE (http://www.kesdee.com/) provides innovative and interactive e-learning solutions to global finance professionals. KESDEE's off-the-shelf e-learning solutions consist of 600 accredited courses spanning about 1800 hours of e-Learning.
KESDEE's Courses cover key finance topics related to Bank Balance Sheet Management, Structured Finance, Market Risk Management, Credit Risk Management, Bank Branch Management, Operational Risk Management, Basel II, Derivatives, Compliance, Corporate Treasury Management, Anti-Money Laundering, Financial Markets, Mutual Funds, Insurance and Accounting.
KESDEE also provides On-line Tutorials for Risk Manager Certification Exams such as Financial Risk Manager (FRM), Professional Risk Manager (PRM), and Chartered Financial Analyst (CFA).
KESDEE is headquartered in San Diego, California, with a state-of-the-art development center in Bangalore, India.
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