VinciWorks by the numbers: 2016 a year in review

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20 December 2016


In the waning days of 2016, as we huddled around our board room fireplace with hot chocolate and crumpets, we took some time to reflect on a stellar 2016 and look forward to the incredible new innovations yet to come in the new year.

13 new courses

Traditionally VinciWorks has provided compliance training primarily to the legal sector. We proudly train over 20% of all UK solicitors and work with 60 of the top 100 global law firms.

In 2016 we expanded our corporate offering significantly and created courses that are tailored to many new industries.

This year we introduced the Corporate Compliance Suite, which includes courses on the Bribery Act, money laundering, information security, cyber security, diversity and the Modern Slavery Act. There are sector-specific courses for accountants, corporates, estate agents and financial services firms.

 

Other new courses

●     AML 360°  a new approach to money laundering refresher training

●     Modern slavery

●     Cyber security

●     Data protection

●     The SRA’s new approach to CPD

●     Fraud and market abuse

150,000 course completions

Another record year for course completions.

Anti-money laundering continues to be our most popular course family with over 25% of course completions. Bribery, information security, cyber security and data protection remain popular, with each garnering over 10% of completions.

The Modern Slavery Act has emerged as the hot topic of the year with companies eager to comply with the training provision of the Act.

30% growth

Continuing on the heels of 2015, we had another fantastic year of growth. We invested heavily in building our team with expanded customer support, content and R&D teams.

218 updates to the Compliance Learning Management System

One of VinciWorks’ competitive advantages is that we build our learning management system in-house, to the specifications of our clients. We add new features almost weekly and can accommodate many custom requests.

Here are some highlights of the CLMS enhancements in 2016:

●     Continuing Competence Module

●     Single Sign-On with SAML

●     Custom feedback forms

●     Automatic reporting straight to your email

●     Global password reset

59 updates to the Risk Management System

In 2016 we completed another independent penetration test of the Risk Management System and added many more enhancements including new fields and beautiful reports.

13 updates to Incidents and Breaches Register

The Incidents and Breaches Register has been enhanced to enable more flexibility than ever before. We understand that every firm has specific workflows and information that must be captured. Some of the enhancements include:

●     Unlimited custom fields

●     Email alerts

●     Gifts and hospitality registers

8,000 guide downloads

During the year we produced a number of guides that detailed practical steps for compliance with emerging regulations. They included:

●     Guide to GDPR

●     Guide to the Modern Slavery Act

●     Guide to Fourth Money Laundering Directive

●     Mapping VinciWorks courses to the SRAs continuing competence

 

 

Looking ahead to 2017

It is still early days, but here are some of the exciting ideas that we are looking at for 2017:

●     Modern Slavery: Practical Steps for Procurement

●     AML refresher designed for Fourth Money Laundering Directive

●     Tax Evasion: Failure to Prevent

 

Seasons Greetings from the VinciWorks team!

 

 

 

 

 



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