Who is Quipu
Quipu, part of the ProCredit Group, is an IT consultancy and software development company that provides comprehensive end-to-end solutions, from electronic payments and software systems to hybrid cloud hosting and operations, for banks and financial institutions. By combining global expertise with knowledge of local requirements, Quipu plays a central role in enabling its customers to be competitive and efficient and to successfully respond to the evolving demands of their industry, markets, and regulators.
With a training platform like this, our employees are able to widen their areas of expertise.
The solution
Expediting project timeframes thanks to upskilling
The European Commission’s Payment Service Directive (PSD2) introduced in 2018 was a game-changer for the financial services industry. Banks that operate in the EU are now obliged to provide open access to accounts via application programming interfaces (APIs).Â
Quipu was prepared to support its customers through the transition, manufacturing its own solution based on Microsoft API Management. However, this was new territory for many employees. With Skills on hand, they were able to gain the relevant insight to complete the product build within two days, increasing overall productivity and profitability.
“With a training platform like this, our employees are able to widen their areas of expertise. Without it, they would most likely repeat what they know, with fewer opportunities to build on the foundations of their knowledge. This provides new possibilities for them and us. The workforce remains motivated and the business benefits from this overall productivity,” said Michael.Â
Continuous learning is key for talent retention, and Quipu employees have grown their skills by 25% on average, contributing significantly to their professional development.
Maintaining consistency through a global pandemic
COVID-19 created a new set of challenges for businesses, such as the need to pivot to remote working almost overnight. Suddenly, in-person, instructor-led training was no longer a viable option, forcing companies to implement new engagement strategies around learning and skill development.
Francisco highlights that Pluralsight’s Skill IQ function played an incremental role in employee engagement. “It offers opportunities for self-development, allowing them to jump to new technologies as needed. And there is the flexibility for employees to decide when, where, and how they are going to learn.Â
We have definitely seen an increase in the number of employees using the platform to learn, measure themselves, and get certified on specific technologies. And they always look forward to receiving recommendations for specific courses.”
Employee uptake hasn’t been the only benefit. The switch to online learning has generated a 25% cost savings for the business when compared to in-person training for its most in-demand courses.