Kaplan Professional launches diagnostic tool

tech/fintech/financial-technology/communications/

11 August 2016
| By Hope William-Smith |
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The launch of a next-gen adviser diagnostic tool from education provider Kaplan Professional has the capacity to scientifically-validate an adviser's technical knowledge and skill.

Designed to allow licensees to gauge the capability of their adviser network as accurately as possible, the diagnostic can then assess strengths and weakness in key performance areas.

The Kaplan-UNSW Global Diagnostic for Financial Advisers (KUDOS) was developed in conjunction with psychometricians from the University of New South Wales' (UNSW) Global Education Assessment Australia (EAA).

UNSW Global chief executive, Dr Rob Forage, said that KUDOS would help redefine industry standards and help create new solutions.

"UNSW Global is very pleased to be working with Kaplan Professional and building on the obvious synergies between professional education and rigorous assessment expertise.

"This will enable the development of client-centric and specialist tests, as well as enhancing test security and establishing competency norms across the industry."

Kaplan Professional chief executive, Brian Knight, said: "KUDOS will empower licensees and their advisers to adapt and prosper in a rapidly changing landscape".

"As the industry becomes more transparent in regards to adviser knowledge and education standards, KUDOS will become an invaluable tool as it encourages a culture of compliance and continuous improvement.

"I see KUDOS being utilised for recruitment purposes, training and continuing professional development gap analysis, corporate and industry benchmarking, and compliance monitoring."

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