Skills Tracking and Its Significance to Professional Development


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Developing talent is a crucial component of training programs in the financial services industry. Organizations should want to retain and promote talent, and the best way of doing so is offering employees the chance to advance their careers at the company. Charting a career path for them that highlights the skills necessary to move into the next role in the company gives employees a clear goal to work towards. Part of that career pathing needs to include skills tracking.

In this article, BAI highlights the benefits of skills tracking and why financial services organizations should prioritize them. Key topics include:

  • Enhancing Regulatory Compliance
  • Risk Mitigation
  • Workforce Readiness and Agility
  • Improving Talent Development and Increasing Retention
  • Informed Strategic Planning


To learn more about developing talent and how it can benefit your financial services organization, download BAI’s article "Skills Tracking and Its Significance to Professional Development" today!