KESDEE enters into a strategic partnership with IMaCS

January 3, 2005

Expressing his enthusiasm about the partnership, S.L (Sam) Srinivasulu, Ph D, President, KESDEE Inc. said,Top managements of financial institutions should view Risk Management not as a regulatory burden but as a catalyst for value creation. This strategic partnership will accelerate the process of introducing Global Best Practices in Risk Management.

KESDEE Inc. currently has 500 courses organized into 40 Course Libraries spanning about 1500 hours of e-Learning and is the most comprehensive e-Learning portal for the financial services industry. KESDEE’s e-learning & reference solutions focus on topics such as:

    1.ALM,Liquidity Management, Foreign Exchange Management, Interest Rate Risk management, Market Risk Management
    2.Credit Analysis, Credit Derivatives, Credit Ratings, Credit Risk Modeling
    3.Basel II Accord, Capital Adequacy Planning
    4.Operational Risk Management
    5.Futures & Forwards, Options, Swaps
    6.Asset Securitization
    7.Corporate Governance
    8.Equity Markets, Fixed Income Markets
    9.Financial Accounting, Financial Mathematics, Budgeting
    10.Anti Money Laundering

IMaCS provides consulting services to banks and financial institutions in implementation of good practices in Risk Management (Credit risk, Market risk, Operational Risk and Risk Based Internal Audit). IMaCS also provides software solutions for implementing best practices in risk management. The IMaCS and KESDEE alliance is a step towards offering a knowledge distribution platform and will help Financial Institutions in implementation of risk management systems including the Basel II accord.

About IMaCS:
ICRA Limited (formerly Investment Information and Credit Agency of India Limited) was set up in 1991 by leading Indian financial / investment institutions, commercial banks and financial services companies as an independent and professional investment information and credit rating agency. In 1999, Moody’s Investors Service, USA, took an equity stake in ICRA through its subsidiary, Moody’s Investment Company India (Private) Limited, and is currently the single largest shareholder of ICRA. At present, ICRA has four independent, operating divisions, viz., Rating Services, Consulting Services, Information Services, and BPO Services. IMaCS, the consulting division of ICRA, has completed nearly 500 consulting assignments in India and other countries such as the UK, China, Thailand, South Africa, Ghana, Seychelles, Sri Lanka, Bangladesh, UAE, Argentina, Brazil, Chile, Singapore, Indonesia, Malaysia, and Philippines. Besides working for banks & financial institutions, corporate clients, governments, regulatory authorities, IMaCS also works for multi-lateral institutions such as the World Bank, the Asian Development Bank, Department for International Development (DFID), IFC, and the African Development Bank.

More information on ICRA and IMaCS is available at www.icraindia.com and www.imacsindia.com

About Dr. S.L. (Sam) Srinivasulu, President, KESDEE Inc.:
A specialist consultant and trainer in Asset /Liability Management (ALM) and Risk Management for leading financial institutions worldwide, Dr. S.L. (Sam) Srinivasulu is the co-founder of KESDEE. For over 20 years, he has presented several in-house and public training programs- across the US, Canada, Europe, the Middle East, Australia and Asia. Recently, he successfully completed a five-year assignment with the U.S. Federal Reserve System to provide executive development programs to senior regulators, policy makers and examiners on different aspects of financial institutions management, including products, Risk Management and Best Practices. Many senior banking professionals in India from RBI, SBI, ICICI BANK, Indian Bank, Bank of Baroda, Bank of India, IDBI, Canara Bank, Central Bank of India and Allahabad Bank have attended the instructor-led training programs conducted by Dr. S.L. (Sam) Srinivasulu.

About KESDEE:
KESDEE Inc. was incorporated in 1996 at San Diego, CA, USA. Its state-of-the-art Software Development Center was started in 2000 at Bangalore, INDIA. KESDEE embodies the themes of Knowledge Economy, Skills Development & E-Learning Excellence. KESDEE provides end-to-end e-Learning solutions covering all facets – Technology, Content and Services – for Knowledge Management and Continuing Professional Education (CPE) initiatives.

KESDEE’s focus is on providing Turnkey Solutions for Knowledge Management to the financial services industry. KESDEE’s off-the-shelf product portfolio, the world?s largest suite of financial e-learning, consists of 40 course libraries with 500 courses spanning about 1500 hours of e-learning. The products serve both as a ready reference material and as an education tool. They can be tailored to meet organizations’ needs in terms of look-and-feel, content and technology.

The distinguishing features of KESDEE’s the solutions are the emphasis on “Learn-By-Doing”; and presenting top quality content in the relevant context of case studies and best practices.
Every professional involved in the global financial services industry (as a provider, user or regulator) would benefit from KESDEE’s innovative solutions. KESDEE’s e-LRS are used by a large number of Financial Institutions around the world. Recently Citigroup and Canadian Imperial Bank of Commerce (CIBC) have implemented KESDEE’s e-LRS.

In the last two decades, over 10,000 senior banking and financial professionals across 40 countries have benefited from KESDEE’s specialized classroom training programs. The knowledge and experience from these programs has been leveraged to develop KESDEE’s comprehensive suite of web-based learning solutions for key financial topics. The content in KESDEE’s e-learning courses has been developed on the basis of over 500 instructor-led programs.

KESDEE’s Development Team comprises of professionals with skills in content development, graphics design, technology and project management.

Further information on KESDEE is available on www.kesdee.com


Contact Information
Client Service Department
KESDEE Inc.
Tel: +1-858-756-8574
Fax: +1-858-756-8587
E-mail: information@kesdee.com