Finance Sector Increases Spending on IT Training

Companies in the finance sector have increased spending on IT training for their staff, according to a survey by training provider Thomson NETg.

Spending on IT training had slowed since 200 but increased last year with a specific focus on e-learning.

Dave Parrot, marketing director of Thomson NETg, said: "We are seeing increasing demand for training for large systems - new systems that they are putting in and systems they are already using."

E-learning courses allow employees to be trained in the office but after the initial training they can also pursue their studies at home. This method is popular as it allows autonomy and employees being able to train in their spare time.

Mr Parrot commented: "Previously, you would only do e-learning for a very large roll-out, but now it can be customised much more easily for specific business."

Also, the industry is moving away from solely technical IT training and changing the emphasis to management in particular project management, making the training more relevant to practical work

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