Fiduciary 360
FI360 is the global leader in providing training programs, tools, and professional
designations for investment fiduciaries. This includes financial managers, members
of boards of directors, and people who manage money for others. FI360’s training
programs provide the most comprehensive education available for training investment
fiduciaries. Participants learn about prudent investment processes and how to
implement those practices in real-life situations. All of this creates a greater
understanding of the duties of fiduciaries and reduces instances of negligence in
the investment industry.
Given the highly publicized accounting scandals of companies such as Enron, Tyco
International, WorldCom, and others, the demand for training programs from FI360
has skyrocketed. Their market is comprised of over 5 million U.S. and global
investment fiduciaries but it is simply too large and geographically dispersed to
serve with classroom training, which is costly to hold and difficult to administer.
Without an alternative to classrooms, FI360’s growth was limited.
The Starcast Solution
The solution was StarCast, and in late 2004, FI360 introduced a web-based Accredited
Investment Fiduciary (AIF) curriculum, which was the equivalent of their classroom
offering. Their online courses were an immediate hit with customers, primarily
because of their ease of use and convenience. Customers are now able to go to
the FI360 web site, choose
the online courses they want to buy, pay for them online, take the online classes,
take the online exams, and receive their certificate online — all without traveling
to a single classroom.
Today, FI360 offers training in three formats: web courses, classroom courses,
and a combination of both. However, feedback from customers is encouraging FI360 to
migrate more and more in the direction of online class publication.
Built To Scale
From a business perspective, online training is easier for FI360 to manage, easier
to schedule, simpler to update, and more profitable than classroom training. StarCast
allows the same PowerPoint training materials they use in the classroom to be
repurposed for the web, which made the transition to the Internet quite easy for
FI360. StarCast online training is also far more scalable than classroom training,
which means FI360 can continue to grow and serve education markets across the U.S. and
other countries.
For more information on Fiduciary 360, go to http://www.FI360.com.