Launch of ‘Game-Changing’ CPD Platform

Adviser community network, Ensombl, has launched a new CPD platform which it says has the capacity to reduce the time taken to complete a CPD process from months to minutes.

In what Ensombl CEO, Clayton Daniel, describes as an astronomical step forward, not only can the new CPD platform use latest technology to drastically reduce the time taken to complete a CPD accreditation process, it also offers the capacity to convert every-day learnings undertaken by advisers within their own practice and convert those learnings into valid, accredited CPD content:

“Not only [is the platform] a massive time-saver but it also recognises and rewards the behind-the-scenes work that advisers do every day as part of their role,” says Daniel.

Harnessing the benefits now available through artificial intelligence, Daniel points out Corporations Act legislation refers to CPD ‘activities’, as opposed to CPD courses or videos or presentations, which allows the opportunity for AFSLs and advice practices to vastly expand the options available to them – from within their own regular activities – to create accreditable CPD content.

According to Daniel, examples of such activities could include investment committee meetings, practice management and advice strategy conversations and compliance updates:

the new platform …has the capacity to respect the work advisers are already doing

“These are examples of the actual professional development advisers are already undertaking on a daily basis, and which also correspond to the mandated CPD categories,” he says, confirming the new platform therefore has the capacity to respect the work advisers are already doing by converting elements of their day-to-day work into valid, tailored, personalised CPD content.

By way of a working example of how the new Ensombl CPD platform process operates, Daniel says the platform can take a transcription file or an audio file which it can then transcribe, upload it into the system, which will assess the content against all legislated CPD requirements in approximately thirty seconds and allocate the now-accredited activity to the correct CPD category.

…a pivotal moment in the firm’s commitment to reducing the administrative burden on advisers and licensees

Daniel says the introduction of the platform is a pivotal moment in the firm’s commitment to reducing the administrative burden on advisers and licensees, where key elements summarised in a release announcing the launch include:

• Automated accreditation: The platform’s instant, automated assessment and approval of CPD activities eliminates paperwork and approval delays
• Custom content integration: Managers have the flexibility to upload and assess for CPD their own training sessions, meetings, and development activities, ensuring previously wasted CPD opportunities are captured
• Comprehensive reporting: The platform provides comprehensive tracking and reporting tools, enabling licensees to monitor CPD activity at the adviser, practice, and organisation levels
• Engagement tracking: Built-in attendance and engagement monitoring for virtual meetings

“Our entire purpose for doing this is to unite genuine professional development with compliant CPD content,” says Daniel.

Advisers and interested licensee firms can click here for more information regarding Ensombl’s new CPD platform offer.