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Adtalem's ACAM Unit Partners With ElephantThink for ING

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Association of Certified Anti-Money Laundering Specialists or ACAMS, a member of Adtalem Global Education Inc. (ATGE - Free Report) , has teamed up with ElephantThink to deliver its first totally online web-based compliance coaching program for Dutch banking group ING. Notably, ElephantThink is an Artificial Intelligence or AI company that focuses on algorithms and models.

With this partnership, ING employees will receive a multi-lingual SaaS solution offering mobile and web-based access to equip recipients with core competencies required to perform analysis, onboarding and anti-money laundering prevention roles.

This training is set to be delivered digitally via e-learning on the ElephantThink Smart Learning Platform. It is accessible in nine languages - English, Dutch, French, German, Italian, Romanian, Spanish, Turkish and Polish. Learners will be able to access the web-based learning curriculum supported by a companion mobile application that includes gamification elements to drive engagement and information retention. Qualifying ING employees will get a verifiable digital certificate upon completion of their training.

ACAMS’ dedication to enhance knowledge, skills and expertise in anti-money laundering and financial crime detection, along with prevention professionals bode well. Notably, the Certified Anti-Money Laundering Specialist or CAMS certificate and ACAMS advanced certifications are recognized as industry leaders in AML certifications across the world.

ACAMS has been enhancing its product set to serve employer partners with a more comprehensive set, solution set across compliance and risk and broader advisory services, more expansive language and regionalized offerings, as well as more valuable benchmarking through industry engagement and thought leadership.

Price Performance

Shares of Adtalem have underperformed the industry so far this year. Its shares have gained 2.3% compared with the industry’s 15.9% growth in the said period. Currently, Adtalem carries a Zacks Rank #3 (Hold). Strong segmental performance and multi-year organic growth initiatives will drive the stock going forward.

Key Picks

Some better-ranked stocks in the same space include American Public Education Inc. (APEI - Free Report) , K12 Inc. (LRN - Free Report) and Grand Canyon Education Inc. (LOPE - Free Report) . While American Public Education and K12 sport a Zacks Rank #1 (Strong Buy), Grand Canyon Education carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.    

American Public Education surpassed the Zacks Consensus Estimate in three of the trailing four quarters, with the average earnings surprise being 272.4%.

K12 and Grand Canyon Education have a three-five year expected EPS growth rate of 15% each.

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