What we do
FROM MARKET PRACTICE TO BEST PRACTICE TO NEXT PRACTICEBestpractice.world implements innovative professional development solutions. Our comprehensive E-Learning, Attestation and Certification (ELAC) portal, transforms how organisations approach regulatory training and attestation effectively and efficiently.
By integrating formal documents, learning content sourcing production and vetting, learning management, certification and compliance monitoring, we ensure workforces maintain proficiency in the frameworks that govern their daily responsibilities efficiently—all while minimizing costs and administrative effort.
- Trusted by many organisations including: Industry Associations, Central Banks, Leading Financial Institutions and Corporate Treasury departments
- Globally implemented in over 70 countries
- Proven Industry leader since 2015
- Demonstrating adherence to industry frameworks
- Connecting formal documents directly to tailored learning experiences
- Tracking user engagement with critical relevant content automatically
- Verifying comprehension through embedded assessments
- Crediting CPD hours for completed learning activities
- Managing document updates and notification processes seamlessly
- Adapting learning paths when employees change roles or responsibilities
- Identifying and resolving knowledge gaps or need for further guidance
- Providing real-time compliance analytics for management oversight
- Deploying industry-standard security protocols for network and LMS integration
- Providing comprehensive service coverage from implementation, configuration, maintenance, to dedicated support—a holistic solution
The CHALLENGE
Organisations face growing compliance and market complexity impacting their bottom line and reputation.
Regulatory violations can lead to costly penalties, damaged market trust and difficulty in recruiting or retaining top talent.
Missed business opportunities, on the other hand, may lead to missed revenue or competitive disadvantage.
Meanwhile, compliance training and attestation often create an administrative burden without clear evidence of effectiveness, leaving leaders uncertain if employees truly understand how to apply critical principles, rules, guidelines or processes that are relevant in their daily work.
The cause
Traditional training and attestation approaches fail because they disconnect formal documents from practical application.
Dynamic progression of industry standards, shifting regulatory landscapes evolving markets, and availability of training resources and adherence verification result in organisations struggling to:
1. Keep all employees current with the latest requirements
2. Verify meaningful comprehension beyond simple attestation
3. Make compliance relevant, tangible to specific roles and responsibilities
4. Demonstrate regulatory adherence to stakeholders and authorities
OUR solution
Bestpractice.world empowers organisations by keeping their workforce aligned with the latest industry standards and best practices.
We enable organisations to continuously demonstrate to stakeholders that each team member understands their obligation to adhere and remains up to date with the latest industry standards.
We bridge the gap between formal documents practical application and best practices.
Our integrated approach transforms static formal documents into dynamic learning tools while significantly reducing administrative overhead, managing updates in formal documents, keeping everyone aligned in evolving markets and changing regulatory frameworks.
Example of our work
ACI The Financial Markets Association (ELAC.ACIFMA.COM)ELAC-Portal - E-Learning, Attestation and Certification for Wholesale Financial Market PARTICIPANTS
In financial markets, trust is the foundation of all transactions. Following significant market disruptions, industry leaders recognised that regulation alone could not restore market confidence.
As Bill Dudley, former president of the Federal Reserve Bank of New York, observed:
"There is evidence of deep-seated cultural and ethical failures at many large financial institutions."
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The sector recognised that regulation alone will not restore faith in the markets. The industry needed a solution that would transform abstract codes of conduct into living standards that continuously shape behaviour.
ACI The Financial Markets Association partnered with Bestpractice.world to develop a comprehensive continuing professional development program centred around financial market codes.
Today, market participants across 70 countries use the ELAC portal to ensure their teams maintain proficiency in key market standards including:
- The FX Global Code
- The UK Money Markets Code
- The Global Precious Metals Code
- Proprietary Compliance Frameworks
This implementation demonstrates how formal documents can become the foundation for cultural transformation when supported by the right learning architecture.