Performance Solutions International Releases Update of
“Executive Suite Banking SimulationTM ”
Randolph, NJ. – March 31, 2008–Performance Solutions International (PSI), a leading training organization providing world-class financial services industry training solutions, today announced the release of the 2008 update to the “Executive Suite Banking Simulation” course. This course is part of PSI’s financial services industry training curriculum.
The Executive Suite Banking Simulation provides industry professionals with a unique experience to 'walk in the shoes of a bank's CXOs' by allowing them to manage a large bank over a three-year period. The Executive Suite Banking Simulation is currently used by US regulators and several leading US banks. Students participating in Executive Suite experience the challenges faced by today's senior bank executives, including:
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Setting the strategy for the bank |
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Executing the strategy by targeting various lines of business, and making marketing, pricing, operations, IT, HR and asset-liability management decisions |
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Evaluating the impact of executive decisions on bottom-line profitability |
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Understanding the interrelationships between various business units |
"In our efforts to improve the business and financial acumen of industry professionals, we believe business simulations play a key role. Business simulations are engaging and powerful tools for helping professionals understand the pressures facing senior executives today," says David Tompkins, a partner with PSI. "However in an industry as dynamic and fast-changing as banking, the simulated environment needs to be constantly updated for the experience to remain relevant. For example this year we've added or expanded several areas in the Executive Suite Banking Simulation, including changes to market segmentation and sales, volatility in the securities portfolio and a focus on managing internal employees."
PSI also offers the Community Bank Simulation which simulates the environment facing senior executives in smaller banks.
About PSI’s Financial Services Industry Training Curriculum
PSI's Financial Services Industry Training Curriculum is structrured as a multi-level curriculum that provides a comprehensive, cost-effective and proven approach to today's industry training requirements for both new and experienced employees.
To ensure the training solution is successfully implemented, PSI delivers the training in a format that best meets the needs of your audience. PSI is not tied to any one form of deliverable and has experience developing programs in a number of ways, including instructor-led workshops, self-paced interactive e-learning solutions, webinars, business simulations and blended solutions.
About Performance Solutions International
Performance Solutions International is global provider of industry training and performance enhancement solutions within the financial services industry. Our proven training solutions and custom capabilities provide clients with solutions tailored to their specific needs. Our clients include leading Financial Institutions, Solution Providers and Professional Services firms. The synergy of our client mix provides Performance Solutions International with a unique perspective of the financial services industry. Performance Solutions International is headquartered in Randolph, New Jersey, USA.
For More Information, please contact:
Jill Gualtieri
Performance Solutions International
810.229.2844
info@goto-psi.com
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