A new game teaching aspiring finance professionals about how to spot compliance red flags has been launched at a local business school.
Delivered by Alca, an AI firm specialised in financial crime prevention, and the School of International Financial Services (SIFS), the game sees learners take on the role of a new joiner conducting due diligence on a fund the firm has taken on.
They interact with colleagues, clients, auditors, custodians and ratings agencies and develop experience in detecting red flag warnings as the story unfolds.
It’s the first time a training tool of this type has been created for the funds industry and offshore markets.
SIFS Director Andrew Horbury described the game as an “engaging and immersive way of learning that will change the way that financial services professionals understand risk in the funds industry.”
Pictured: Game players interact with colleagues in the game.
“Based on a fascinating, fast-paced, and fun case study, this empowers individuals and organisations in the way that training should,” he added.
“We’re delighted to be launching our innovative training solution with SIFS. Our gamified learning is providing a fresh approach to compliance training that improves learner engagement,” said Sebastian Hurubaru and François Chesnay, founders of Alca.
“Learning by playing through case studies develops real practical skills to protect organisations from financial crime and makes compliance training enjoyable.”
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