Finance veterans start up Intelivisto - A learning management system for online finance courses

Financial management is a very important skill for an individual to possess but the situation in India is rather grim. Only 5% of the Indians aged 19-24 formally learn to trade.

Financial markets have made significant progress over the last decade which spans several dimensions of development such as accessibility, regulatory framework, market infrastructure, transparency, liquidity and the types of instruments available. This has created requirement to train and educate the local work force on some of the global systems, regulations and process.

To address this market, we have Intelivisto, a knowledge management company that provides e-learning solutions supported by online exam preparations blended with classroom experience. It has a specific focus on the financial sector and test preparation segment in India.

The Team

Gaurav Pal is Managing Director and CEO of Intelivisto Consulting India Private Limited. He has trained thousands of people in India and abroad on concepts in Financial markets domain and has been associated with NCDEX to train brokerage companies in India on their behalf. Chetan Gandhi brings more than 17 years of experience in International and Indian Markets in Legal, Secretarial, Compliance, Arbitration, Training and Personnel functions in diverse industry segments including Financial by working as a Legal & Arbitration Officer at NSDL, Company Secretary at Edelweiss Capital and as Company Secretary & Head of Legal at Barclays Wealth India. Mohit Bansal brings with him experience in trading exotic financial instruments including fixed income derivatives, commodity derivatives, currency derivatives. He has been actively trading on some of the largest exchanges globally like CME, CBOT, LIFFE, LME, NSE MCX for last 7 years.

What Intelivisto caters to

A “Learning Management System” that allows effective administration, tracking and reporting of e-learning programs, online events and training content. This is complemented by virtual classroom module enabling users to participate in the classes online. A peer learning platform called “Together we Learn-Together we Grow”, that lets the students leverage the knowledge of fellow members and use the preparation time more effectively. Also, as on most online platforms, there are online study groups and Q&A Open forums.

Why Finance?

As their primary focus is on finance knowledge, I asked about the reason behind the move. Gaurav replied, “The team behind this initiative has decades of experience in handling large multinational setups in India and abroad in multiple domains in financial sectors. Having worked with leading financial institutions and intermediaries, the team brings in hands-on experience and passion.”

Today Intelivisto offers extensive learning tools for professional certifications like NCFM, NISM, MCCP and IRDA. Additionally, it trains users by providing CISI (Chartered Institute of Securities and Investment - an offshoot of London Stock Exchange), Internationally Certified Financial Market Professional (CFMP) and Certified Stock Market Professional (CSMP) courses. www.Inteliclass.com a new e-learning platform launched by the company belongs to the same line of business but caters to only the scholastic section. This web portal help students preparing for exams like IIT JEE, CAT, MEDICAL, BANK PO, etc.

Revenue and Traction

Intelivisto’s revenue model is a blend of subscription model and online classroom programs as a complete package for different modules.

In the past 15 months, Intelivisto has gained Accredited Training Provider Status from CISI, UK (a first in North India), prepared a question bank of 20,000+ unique questions covering all major asset classes, a user-base of 16,000+ till April 2013, with a proportion from established financial institutions like ICICI, Edelwiess, Sharekhan, Anand Rathi, Kotak, Barclays, Motilal Oswal, India Infoline, LIC, SBI, etc. The company has also conducted 8 workshops in various bschools in NCR and 9 for leading companies. Today it bears an ISO 9001:2008 certification for its quality management systems and processes.

Challenges

“The low internet penetration in smaller towns and cities is a cause of concern. Also, the learning habits of the users would undergo change which might take some time before online/e-learning become an excepted norm,” cites Gaurav, on a concluding note.

Website: InteliVisto

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