Homeloan Management Limited Selects Cornerstone OnDemand for Employee Learning and Development; Comp

Cornerstone OnDemand Inc., a leader in on-demand, integrated talent management software and services, today announced that Homeloan Management Limited (HML) has chosen Cornerstone OnDemand to address the company’s needs regarding learning management, competency assessments and development plans. Future plans include rolling out Cornerstone’s integrated talent management suite.

With Cornerstone, HML will have a centralised platform to manage, deliver, test, track and report on blended learning training programs – specifically ILT and e-learning – as well as integrated 360-degree feedback functionality. HML favoured Cornerstone for its best-of-breed approach, ease of use, rapid deployment and lower total cost of ownership.

"We’re confident that Cornerstone will contribute to reducing employee time-to-competency, ensuring regulatory compliance and streamlining business processes," remarked Gary Evans, People and Development Architect, Homeloan Management Limited. "In addition, Cornerstone OnDemand’s Software-as-a-Service model and visible commitment to customer support and success were vital to our selection process."

"We are extremely pleased to be working with a UK industry leader to help them with their learning and talent management initiatives," said Vincent Belliveau, General Manager, EMEA, Cornerstone OnDemand. "HML recognises that Cornerstone is a company dedicated to client success, and that we invest in ensuring our clients are the happiest in the business."

Cornerstone recently was positioned in the "Leaders" Quadrant of the Gartner Magic Quadrant for Corporate Learning Systems (CLS) report (June 2008), which positions vendors according to their ability to execute and their completeness of vision.

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Notes for Editors

About HML
Homeloan Management Limited is the UK's foremost provider of systems and process outsourcing solutions to the mortgage sector. Handling assets of around £50 billion for over 40 clients, HML is based in Skipton, North Yorkshire and employs over 2,000 people in Skipton, Padiham, Glasgow and Derry. It was formed in 1988 and is a wholly owned subsidiary of Skipton Building Society. For more information please visit www.hml.co.uk/
About Cornerstone OnDemand
Cornerstone OnDemand helps organisations empower their people and optimize workforce productivity with a comprehensive suite of integrated talent management solutions for learning, compliance, performance, compensation and succession management, as well as robust reporting and analytics. Cornerstone also provides more than 30,000 pre-integrated training titles. The Company’s multi-tenant, multi-user software-as-a-service (SaaS) architecture provides customers with rapid deployments, minimal IT costs, greater flexibility, proven reliability and a lower total cost of ownership. Cornerstone’s triple-digit growth has been supported by a market-leading customer retention rate. Leading enterprises such as Aon, Bank of the West, Flextronics, Pearson, Randstad, Ticketmaster and Trend Micro count on Cornerstone to help them achieve organizational excellence and competitive advantage. Cornerstone OnDemand is headquartered in Santa Monica, California and has international offices in London, Paris, Munich and Tel Aviv.

For more information, visit www.cornerstoneondemand.co.uk

Cornerstone® and Cornerstone OnDemand® are registered trademarks of Cornerstone OnDemand Inc.

The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Further information from:

Sinead Reynolds-Berti, Cornerstone OnDemand, + 33 (0) 6 28 33 55 66; sberti@cornerstoneondemand.com

Bob Little, Bob Little Press & PR, + 44 (0) 1727 860405; www.boblittlepr.com