Trade Nation: Enhancing Employee Training and Compliance with Leo RegTech

About Trade Nation

Trade Nation is a global online broker, providing individuals access to financial markets. Their proprietary trading platform allows clients to trade in various markets, including forex, gold, oil, shares, and indices, with a focus on offering a seamless and engaging trading experience.

THE CHALLENGE

Improving Training Engagement and Simplifying Compliance Processes

Before adopting Leo, Trade Nation faced challenges with their previous training solution. The system was difficult to use, and the training courses were lengthy and unengaging, leading to low employee participation and frequent follow-ups to ensure completion. The firm needed a more intuitive and effective solution to upskill its workforce while reducing administrative overhead.

Anthony Sharpe, Chief Strategy Officer at Trade Nation, explains: 

“Our previous solution was difficult to use. The courses were too long and not engaging to our staff. We looked at alternative solutions and found the Leo platform most suitable to our needs.”

THE SOLUTION

A Streamlined and Engaging Training Platform

Leo RegTech offered Trade Nation a user-friendly solution that transformed their approach to employee training and compliance management. With Leo, Trade Nation was able to provide engaging training courses, allocate courses efficiently, and tailor modules to suit the diverse needs of their global team.

Anthony notes: 

“We mainly use the training courses, to which access is provided to all of our staff. It’s very easy to allocate courses to members of staff, and being able to send multiple relevant courses to different employees has been one of the biggest time savers.”

THE BENEFITS

Improved Engagement and Workforce Upskilling

Since implementing Leo, Trade Nation has seen a notable improvement in employee engagement with training. The platform’s intuitive design and engaging courses have encouraged employees to participate willingly, resulting in an upskilled workforce and improved knowledge retention.

Anthony shares: 

“When we used to send around training courses, there would be sighs, and we’d be constantly chasing employees for completion. This has reduced significantly under Leo! Compared to our previous providers, Leo just has our employees more willing to learn. This improves engagement, learning, and knowledge, ultimately upskilling the workforce.”

Time Savings and Cost Efficiency

Leo’s streamlined functionalities have saved Trade Nation valuable time by simplifying the allocation of courses and tailoring content for specific departments. Additionally, the platform’s competitive pricing provided cost efficiency without compromising on quality.

Anthony explains: 

“Leo is very competitive cost-wise, which is, of course, important. The ability to allocate courses easily and send multiple relevant courses to different employees has been one of the biggest time savers.”

Customisation and Adaptability

As a global organisation, Trade Nation benefits from Leo’s flexibility in customising modules and registers to meet their specific requirements across jurisdictions. This adaptability ensures that the platform meets the unique needs of their diverse departments.

Anthony remarks: 

“Customising modules was a straightforward and logical process. As a global company with many different departments in different jurisdictions, it’s important to have the ability to tailor modules to your specific requirements. Leo has allowed us to do this.”

Seamless Onboarding and Reliable Support

The onboarding process with Leo was efficient and stress-free, supported by a helpful team that ensured a smooth transition.

Anthony shares: 

“The onboarding team was very helpful and remained with us through the entire process. All pretty seamless, which is a rarity.”

A Trusted Partner for the Future

Leo has not only addressed Trade Nation’s immediate training challenges but also positioned the company for future compliance requirements. While they have not yet used Leo to show evidence to the FCA, Anthony is confident in the platform’s capabilities to meet regulatory demands when needed.

Anthony concludes: 

“We’ve been pleased with the buy-in we’ve received from our employees and the positive comments around training compared to our previous offering. The Leo team has been great to work with, and we look forward to continuing to work with them in the future.”