The World Bank is a specialized agency of the United Nations and is made up of 184 member countries. It is one of the world's largest sources of development assistance, supporting the efforts of developing country governments to build schools and health centers, provide water and electricity, fight disease, and protect the environment. Some 10,000 development professionals from nearly every country in the world work in the World Bank's Washington DC headquarters or one of its 109 country offices.

The LMS will link learning activities to individual and organizational learning plans and learning roadmaps based on the Bank's business and strategic objectives. The new system will bring together the Bank's Annual Learning Budget Approval, Catalog and Registration, Online Courses, and Individual Learning Plans from four disparate systems within the Bank and enable course administrators and managers to track costs and participation rates more easily.

Commenting on the initiative, Phyllis Pomerantz, Chief Learning Officer at the World Bank in Washington noted, "There is a great deal of excitement in the World Bank's -˜learning community' with the go-live of the new LMS. We are thrilled that the hard work of the World Bank/WBT team will translate into better learning services for our staff and are eagerly awaiting users' feedback on the new system."

Declan Kelly, Chief Executive Officer of WBT Systems welcomed the launch, saying, "The success of the World Bank project is testament to the quality of our solutions, the hard work and dedication of our teams in the US and Europe, and our vertical focus on the financial services sector. We are delighted to be associated with such a prestigious project."