Fitch Group today announced it has acquired 7city Learning, a leading provider of learning and development solutions for the financial services industry. Fitch is combining 7city with its Fitch Training unit to form Fitch 7city Learning, a global leader in financial training.
Paul Shaw, previously CEO of 7city, will lead Fitch 7city Learning. The financial terms of the transaction have not been disclosed.
Fitch 7city Learning will benefit from 7city’s industry-leading solutions for delivering financial services training combined with Fitch’s global presence and platform. Fitch 7city will specialise in global development and delivery of training in four key areas: regulatory and certification exam training (i.e. Chartered Financial Analyst, Certificate in Quantitative Finance); professional skills training; custom e-learning solutions for client organisations; and credit, risk and corporate finance training, which is currently provided through Fitch Training.