Banco Bradesco chooses SumTotal Systems e-learning technology

Source: SumTotal Systems

Continuing its momentum in the burgeoning South American learning market, SumTotal Systems (Nasdaq:SUMT), the industry's largest provider of learning and business performance technologies, services and processes, in conjunction with its Brazilian reseller, MicroPower, today announced that Banco Bradesco, Brazil's largest private bank and one of the world's top 100, has chosen SumTotal's TotalLMS to deliver and manage learning for 78,000 employees and an extended network of insurance agents and other affiliates that sell the bank's financial products.

According to Julio Marques, Bradesco's training director, the bank chose SumTotal because it easily and seamlessly integrated into Bradesco's technology infrastructure structure and organizational learning methodology. "We have built a repository of more than 350,000 online courses over the past four years and we believe that SumTotal is the ideal choice to enable us to manage that content, expand and enhance our training and increase the amount of participation in the program," said Marques.

"Based on broad-ranging experience working with financial services companies, we have evolved SumTotal's solutions to address the specific needs of this type of organization. These needs include reaching functionally and geographically diverse groups of employees, and delivering consistent, timely information to help increase proficiency and productivity at every level," said R. Andrew Eckert, SumTotal CEO. "We are pleased to be helping Banco Bradesco meet the goals of unifying its organization and readying employees, agents and resellers to deliver top-quality customer service and to respond to the competitive and ever-changing consumer demands and regulatory requirements of the financial services industry."

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