Qualifications for the professions Developing qualifications for the professions Neil Summers Calibrand the currency for talent ® Bangalore 11th October.

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Presentation transcript:

Qualifications for the professions Developing qualifications for the professions Neil Summers Calibrand the currency for talent ® Bangalore 11th October 2007

Qualifications for the professions Calibrand the currency for talent ® Work with several of the largest Financial Services organisations and government departments in the UK. Delivered over 3 million online tests. Monitored Continuing Professional Development (CPD) hours and points for Banking, insurance, legal and IT professionals. Quality Assured to ISO/9001 TickIT 2000 standard. We operate in Europe, in many countries overseas via our customers including call centres in India, and we have Calibrand ZA.

Qualifications for the professions Calibrand the currency for talent ® ‘Life in the Uk’ citizenship test Delivered in 4 months to Oct. 1 st 2005 Budget less than OJEC limit Estimated 60,000 assessments in year 1 – actual 120,000 – now 300,000 after 2 years Renewal for next 3 years As ‘the currency for talent ® ’ we provide tools and techniques to act as a conduit for talent.

Qualifications for the professions Why do the professions assess? To ensure competence To maintain/improve standards To demonstrate compliance

Qualifications for the professions Developing Solutions to meet expectations and needs Expectations Specification Cost Timeliness

Qualifications for the professions 11 FSA principles A firm must carry out it’s business with; 1... integrity. 2 … due skill, care and diligence. 3 … organisation and control and adequate risk systems. 4 … adequate financial resources - prudence. 5 … proper standards of market conduct. 6 … regard to the interests of its customers - treat them fairly. 7 … regard to customer information needs, clear and fair. 8 … managed conflicts of interest fairly 9 … suitability of advice and discretionary decisions. 10… adequate protection for clients' assets Deal with it’s regulators in an open and cooperative way.

Qualifications for the professions

Some reasonable expectations Depending on the number of candidates and complexity you should be able to; Get a solution up and running within (say) three months. Do it within a reasonable budget Achieve functionality and complexity at least equivalent to your existing solutions. At least as fair, valid and reliable as now. At least as secure, accessible and with as much data integrity as now. The test environment and Business continuity plans need should be minimally impacted.

Qualifications for the professions Some reasonable needs To get a solution that does not regress your position. Deliver at least as well as now. Deliver at least as cost-effectively as now. Provide equal or better value as now. Provide a minimum level of security and data integrity as now. Be able to see a point when cost benefits ensure that the implementation provides a payback or a better service or both.

Qualifications for the professions Working with professionals Neil Summers Calibrand the currency for talent ® Bangalore 11th October 2007