Learning Pool and Lextegrity form partnership to bolster compliance program effectiveness
September 17, 2024
NEW YORK & DERRY, September 17, 2024 – Learning Pool, the smarter learning technology company, today announced its partnership with Lextegrity, the leading compliance data analytics and automation company, to enhance compliance program effectiveness for enterprises. By combining Learning Pool’s compliance training with Lextegrity’s compliance platform, users can now benefit from a seamless experience of learning and compliance processes that is highly personalized and fully integrated into the day-to-day business operations of employees.
Learning Pool’s enterprise portfolio of technology and content solutions delivers smarter learning experiences by applying data intelligence on learner needs and objectives to optimize the learning experience. The portfolio can be deployed separately or in combination for a seamless, end-to-end experience.
Lextegrity, built by former in-house compliance and audit experts along with world-class technologists, offers intuitive compliance data analytics and workflow software. This innovative suite includes tools for compliance approvals, such as conflicts of interest, gifts and hospitality, and third-party due diligence, as well as compliance monitoring of transactions with data analytics. Learning Pool’s adaptive compliance courses capture data on each learner’s interactions and adapt in real-time to meet their needs, minimizing seat time while empowering every employee to be their most ethical selves.
By establishing a bidirectional relationship between these solutions, users benefit from a seamless learning experience that is integrated into their compliance workflow. And enterprises can ensure that learners engage with required compliance processes, such as disclosing conflicts of interest, at the time of their learning. This increases the effectiveness of the learning as well as the overall compliance program.
Ensuring compliance is vital for organizations to avoid the high costs associated with non-compliant incidents, which can average $4 million per incident. By adhering to laws, regulatory standards, and internal policies, companies protect themselves from significant financial losses and reputational harm. Creating a culture of compliance through comprehensive training and advanced software solutions ensures that all employees follow legal and ethical standards. This proactive approach not only mitigates risks but also promotes a trustworthy and accountable organization.
“Learning Pool and Lextegrity share a vision: using technology to build a culture of compliance and continuous improvement,” said Harper Wells, Chief Compliance Officer of Learning Pool. “Our partnership combines our award-winning adaptive compliance training with Lextegrity’s powerful analytics and automation platform, helping organizations to get the most out of their ethics and compliance programs.”
“Combining the strengths of Learning Pool and Lextegrity creates an unparalleled solution for enterprises aiming to enhance their compliance programs,” said Parth Chanda, CEO of Lextegrity. “Our intuitive compliance data analytics and workflow software, paired with Learning Pool’s adaptive and intelligent learning platform, creates a virtuous cycle where learning and compliance processes support one another and the overall compliance program is more effective.”
To learn more about Learning Pool’s compliance solutions, click here. To learn more about Lextegrity’s data analytics and automation solutions, click here.
About Learning Pool
Learning Pool is a learning technology company that optimizes employee performance with intelligent, data-driven experiences. Through its enterprise portfolio, Learning Pool has crafted learning journeys for thousands of organizations and their business units worldwide, enabling smarter compliance, onboarding, and upskilling. The company’s dedication to creating business impact and constantly innovating is the reason customers like Valvoline, Villeroy & Boch, and Royal Caribbean Group, choose Learning Pool to enhance the efficiency and productivity of their workforce. Founded in 2006 and headquartered in Derry, with offices in North America, Learning Pool employs 450 people worldwide. For more information, visit Learning Pool, X, and LinkedIn.
About Lextegrity
Lextegrity is an industry leader in digital transformation of corporate risk management. It provides software to monitor transactions and automate third-party due diligence and compliance pre-approvals to prevent and detect fraud, corruption, sanctions violations and conflicts of interest. Lextegrity was founded and is led by veteran legal and audit professionals with experience before the DOJ, SEC and other international regulators, who launched Lextegrity to build the risk management tools they wished they had when they were in-house. Lextegrity’s software has been before enforcement agencies globally in 12 separate company engagements and was even cited by the SEC as a remediation factor in a client’s FCPA resolution. It has been chosen by several companies after the appointment of compliance monitors or after the start of an investigation and has been a factor in resolving those matters, including helping to secure a DOJ declination. For more information, visit Lextegrity’s website and follow them on LinkedIn.
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