The Hindu Business Line : ICRA division in pact with Kesdee

ICRA Management Consulting Services (IMaCS) has entered into a strategic partnership with Kesdee Inc, USA, for developing and distributing e-learning solutions for the banking and financial sector in South-East Asia, West Asia, Eastern Europe and Africa, besides other regions.

While IMaCS is the management consulting division of ICRA, Kesdee specialises in developing interactive e-learning programmes for the global financial community and offers technological solutions such as the learning management system and the course builder tool.

Kesdee has a wholly-owned Indian subsidiary, Kesdee Systems India Pvt. Ltd, based in Bangalore.

Kesdee currently has 40 course libraries with over 500 courses and 1,500 hours of e-learning. The company's focus is on providing turnkey e-learning and reference solutions to the financial services industry on the following topics such as financial accounting, financial mathematics, budgeting, credit analysis, credit derivatives, credit ratings, credit risk modelling, asset liability management, liquidity management, foreign exchange management and interest rate risk management.

On its part, IMaCS provides consulting services to banks and financial institutions in the area of risk management (credit risk, market risk, operational risk and risk-based internal audit), besides offering software solutions for the implementation of best risk management practices.