Futuremedia working with SKANDINAVISKA ENSKILDA BANKEN AB

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Futuremedia plc (NasdaqCM: FMDAY/FMDAD), a leading learning and communications company, today announced that its subsidiary, Open Training AB, has signed an agreement to provide their web-based learning platform LearngateTM to prominent Swedish bank Skandinaviska Enskilda Banken AB (SEB). The project aims to reduce the total cost of learning by reducing the number of system solutions to one corporate system for competence development and also includes the provision of consultancy in pedagogy, process advice, system development and learning content.

Stefan Eklund of SEB’s HR Learning Center, said, “Open Training’s solutions meet our requirements in full, and the Company understands our needs and business process as well as having a long-term view of the business relationship, which we value.”

Claes Ytander, Chief Executive Officer of Open Training, commented, “We are proud to have been chosen by SEB to work on its corporate learning platform. This agreement is proof that our long-term investment in the development of LearngateTM is well-founded. It also demonstrates Learngate’s value compared to other Swedish and internationally-developed solutions. We believe that leading products, competent staff and customer focus together with the goal of long-term business relationships result in premium comprehensive solutions such as this.”

LearngateTM is a modular Web-based competency platform designed for the deployment and administration of e-learning and teacher-led training. The LearngateTM Community enables employees to communicate in groups and to share files and documents. By using LearngateTM, SEB is able to provide employees and stakeholders access to necessary training, and is also a highly efficient tool for evaluating competency development and training costs.

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