SimArch is a premium provider of ground-breaking learning solutions within the Financial Services Sector.
We assist banks and other financial institutions with the enhancement of the skills of their employees by using our group of powerful E-Learning simulation programs designed to accelerate learning, knowledge transfer and the change of behaviour.
Our Online bank Simulations are designed to portray real life situations and aspects in a bank with variable parameters in order for clients to gain a unique learning experience. All this in a safe environment with integrated theory and knowledge transfer. The Online Simulations are continuously updated according to current changes in the Economy, Industry and Market.
As we approuch the second decade of this century more than ever before is there a requirement for the accelerated development of young banking professionals. This website provides the ideal learning platform to develop excellence among future business leaders in banking.
FirstB@nksim assists banks in the development of talent through practical & intergrated learning interventions. Through these interventions young leaders are equiped to drive organisational performance within the bank.
FirstB@nksim was designed and developed by SimArch with the main aim of enhancing financial intelegence among young banking professionals as well as students in Finance & Banking.
SimArch is organising an Online Bank Management Contest (OBMC) for young bankers from all over the world to participate in a unique learning experience.
Each OBMC consists of three action-packed days. During the three days participants are exposed to banking activities & products, economic challenges, competition and the central bank’s policies. They are challenged as a team to manage a full-service bank for six financial quarters via our banking simulation, FirstB@nk. Teams decide on their strategy for the bank and make decisions with regard to bank management, portfolio mix, funding sources, marketing, branch network, etc. During each financial quarter teams are required to make optimal decisions for their bank taking the economic situation, competition and central bank releases into account.
After each financial quarter feedback is provided via WEBINAR as well as central bank releases. During the three days a large amount of learning is involved. A support team is available throughout the three days to assist teams online as and when necessary.
Each OBMC has a tailored economic & banking environment offering a realistic duplicate of the banking environment in that region. At the end of the three days SimArch and its team of experts will access the winner of that region. The winning team will be announced the week following the competition.