PriSim Business War Games Announces New Release of Cycloan, a Mortgage-Industry Business Simulation

Share Article

PriSim Business War Games Inc., a premier business simulation and training firm, announced that the company has issued a new release of its mortgage banking business-training software, titled Cycloan. Cycloan is a business simulation designed specifically for the mortgage banking industry to develop mid to senior-management’s strategic, financial, and general business acumen. The software models the operations of a working, growing loan center and allows course attendees to run their simulated company as “CEO for The Day”.

– PriSim Business War Games Inc., a premier business simulation and training firm, announced that the company has issued a new release of its mortgage banking business-training software, titled Cycloan. Cycloan is a business simulation designed specifically for the mortgage banking industry to develop mid to senior-management’s strategic, financial, and general business acumen. The software models the operations of a working, growing loan center and allows course attendees to run their simulated company as “CEO for The Day”.

The new release of Cycloan has expanded PriSim’s reach into the mortgage industry and will leverage the firm’s mortgage-education experience. ''We are delighted to offer Cycloan as a business training tool for our mortgage clients,'' said Jeff Lefebvre, a Partner at PriSim. ''PriSim’s knowledge of the mortgage industry has given us the expertise needed to take participants to the next level of business understanding. With Cycloan, getting to that next level is quick, interactive, and enjoyable.”

The mortgage division of Washington Mutual, Inc., a leading financial services company, has embraced Cycloan. PriSim is currently conducting business-training seminars across the US directed at Washington Mutual’s mid-level and senior-level management.

''There are so many different elements involved in managing and running a profitable mortgage loan center,'' said David Semb, also a Partner at PriSim. ''Aligning these elements in a cohesive way to produce profit is what Cycloan is all about. As your competitors make strategic moves and as customer’s values change in the marketplace, you’ve got to quickly make decisions across several functional areas. These functional decisions play out in the overall business performance of the simulated loan center.''

PriSim Business War Games’ Cycloan software provides managers in the mortgage banking industry a practice-ground where new ideas can be tested and where strategies can be practiced in a “what if” environment. With Cycloan, PriSim has further expanded its presence in the mortgage industry as it continues to deliver unique, computer-simulation based business training solutions to leading organizations worldwide.

ABOUT PRISIM BUSINESS WAR GAMES INC:

PriSim Business War Games Inc. works closely with leading organizations to create and deliver customized business simulations. PriSim assists clients in utilizing these custom tools to develop and enhance the effectiveness of their one key resource: the knowledge capital of their employees. The tools PriSim crafts are specific in that each client's unique operational dynamics are replicated in a business simulation or system-dynamics model. PriSim strives to develop the tools and materials necessary to help clients communicate more effectively, proactively explore strategic alternatives, involve multiple levels of management in business development, and share a common model and language of business and finance. PriSim helps clients make better business decisions while helping them “See things differently, think differently™.”

# # #

Share article on social media or email:

View article via:

Pdf Print