How do UK finance companies manage employee compliance training?

I’m researching how banking, financial services, and accounting organisations in the UK manage employee compliance training. I’m particularly interested in how companies keep track of required training when employees need to complete different courses based on their roles. It would also be useful to understand how businesses manage assessments, completion records, certification renewals, and training updates when policies or regulatory requirements change. Do most smaller and mid-sized finance companies use dedicated compliance training software, or do they manage training through spreadsheets, HR systems, or general learning platforms? I’d be interested to hear what approaches have worked well for UK financial businesses and what challenges they have experienced with keeping compliance training organised and up to date.