Intuition Publishing, a Web-based financial training company, has announced the release of Connect USA.
The new title in Intuition's library gives an overview of trade settlement and is designed to instruct both back- and middle-office staff in the life cycle of a trade.
Intuition has signed some banking and investment clients, including Salomon Smith Barney, to use the product.
"Not only is this training less expensive on the front end but it cuts down on the risk potential for extremely costly errors inherent to the settlements area," said Stephen Higgins, the chief executive officer of Intuition Publishing.
The content of Connect USA was written by executives at three of New York's investment banks. The course is broken down into six tutorials that range from 20 minutes to two and a half hours.